We look into determinants (volatility, crises, sentiment and the U.S. ‘fear’ index) of herding using BRICS as our sample. Investors herd selectively to crises and herding is a short-lived phenomenon. Herding was highest during the global financial crisis (only China was affected). There was...

In this paper we propose a Gaussian quadrature method to study American and exotic option pricing under the jump-diffusion model of Merton (1976). Our numerical experiments show that the Gaussian quadrature method, compared to several existing methods in the literature, including the fast Gauss...

We investigate whether foreign institutional investors possess private information in index futures trading based upon six-year market index futures transaction data on the Taiwan Futures Exchange (TAIFEX). According to the French and Roll (1986) ‘decomposition of price formation', our...

This paper aims to investigate the impact of day trading on market quality on the Taiwan stock market with the implementation of a unique policy change. This paper examines 396 listed stocks from June 2015 to October 2016, a period when the stock market in Taiwan officially approved selected...

We look into determinants (volatility, crises, sentiment and the U.S. 'fear' index) of herding using BRICS as our sample. Investors herd selectively to crises and herding is a short-lived phenomenon. Herding was highest during the global financial crisis (only China was affected). There was no...

Conventional literature generally believes that the signing of FTA will increase the trade between member countries, but it will damage the trade with non-member countries and reduce the overall level of global welfare. With the quasi-natural experiment of the signing of the China-Australia FTA...

Trust, as an important social capital and informal institution, has profoundly affected transaction behaviors in Chinese second-hand housing market. Based on the second-hand housing transactions of 17 cities from Lianjia database, this paper matches the birthplaces of traders with CESS2000 to...

Fundamental understanding about carbon steam gasification at atomic scale plays a significant role in industry. The reaction mechanism of graphene sheets in a steam-rich environment is simulated at the atomic scale using molecular dynamics with reactive force field. The speed segmentation...

Peroxymonosulfate (PMS) activation is regarded as a powerful method for the degradation of organic pollutants. Carbon materials have attracted much attention for PMS activation toward efficient nonradical oxidation process. The catalytic activity of most nanocarbon materials is usually...

We look into determinants (volatility, crises, sentiment and the U.S. ‘fear’ index) of herding using BRICS as our sample. Investors herd selectively to crises and herding is a short-lived phenomenon. Herding was highest during the global financial crisis (only China was affected). There was...