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Our main findings are that the price-setting formula is (i) designed to strongly favor the issuer and (ii) is consistent with the main outcome of the 'life cycle hypothesis' for structured financial products [Stoimenov, P.A., Wilkens, S., 2005. Are structured products 'fairly' priced? An analysis of the German market for equity-linked instruments. Journal of Banking and Finance 29, 2971 2993].
Some websites share software to build these objects; the attitude of many of the software makers is: "I designed this cool thing, and I want you to be able to print it," Professor Desai said in an interview.
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The most valuable class was one I designed for myself.
That's where I designed my first commercial product.
At least that's how I designed it.
So that's how I design.
"What I designed is a least-cost routing device.
If I was designing, I'd put down a designer's wage -- well, junior designer's wage.
Seacamp I is designed for beginners and costs $775 for a week.
The first prison that I designed was humane.
When I'm designing I try to tap into those dreams.
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