Large investors often advertise private information at private talks or in the media. To analyse the incentives for information disclosure, I develop a two-period Kyle (1985) type model in which an informed short-horizon investor strategically discloses private information to enhance price...

Policymakers and managers have increasingly adopted green bonds as a direct fnancing tool to address environmental degradation and climate change in emerging economies; however, the increasing green washing sentiments in the green bond market raise questions on whether green bonds can nudge...

IPv6 is an inevitable upgrade to Internet Protocol (IP), the underlying protocol uponwhich the Internet is based, and solves many problems with the existing technologyincluding limited address space, performance and security. Although IPv6 has beensupported by products from major vendors for...

The market-oriented economic reforms that started in 1978 have greatly transformed the Chinese economy. China’s GDP has increased tenfold since 1978 while the per capita income has grown at an average annual rate of more than 8% over the last three decades, drastically reducing poverty....

Online product ratings offer information on product quality. Scholars have recently proposed the potential of designing multi-dimensional rating systems to better convey information on multiple dimensions of products. This study investigates whether and how multi-dimensional rating systems...

We contribute to the growing literature on moral hazard by offering empirical evidence of the effectiveness of insurance pricing incentives at improving road safety by comparing the claim frequency following a regulatory reform introduced in a pilot city in China with the experience of another...