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Double-Blind in Light of Internet – Note on Review Processes
Holm, Håkan J. - 2009
This paper analyses the credibility of author anonymity provided by double-blind review processes. It is argued that authors have strong incentives to disseminate information about their papers before publication. A sample from two economics journals, both using double-blind review processes...
Persistent link: https://www.econbiz.de/10013208539
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Asymmetric Price Adjustment "in the Small:" An Implication of Rational Inattention
Levy, Daniel; Chen, Haipeng (Allan); Ray, Sourav; … - 2004
Analyzing scanner price data that cover 27 product categories over an eight-year period from a large Mid-western supermarket chain, we uncover a surprising regularity in the data—small price increases occur more frequently than small price decreases. We find that this asymmetry holds for price...
Persistent link: https://www.econbiz.de/10013204746
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The Impact of Real Options on Willingness to Pay for Investments in Road Safety
Krüger, Niclas A.; Svensson, Mikael - 2008
Abstract: Public investments are dynamic in nature, and decision making must account for the uncertainty …, irreversibility and potential for future learning. In this paper we adapt the theory for investment under uncertainty for a public …
Persistent link: https://www.econbiz.de/10012654327
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News Aggregators, Volatility and the Stock Market
Byström, Hans - 2009
In this paper we employ the news aggregator GoogleTM News to demonstrate a strong link between the volatility in the stock market and the amount of news available to market participants. The paper also highlights some other areas, in finance and elsewhere, where news aggregators could be useful.
Persistent link: https://www.econbiz.de/10013208544
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Language, News and Volatility
Byström, Hans - 2014
I use Google News TM to study the relation between news volumes and stock market volatilities. More than nine million stock market-related news stories in English and (Mandarin) Chinese are collected and the dynamics of the news volume and the stock market volatility is compared in both the...
Persistent link: https://www.econbiz.de/10013208708
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What Drives Bitcoin Volatility?
Byström, Hans; Krygier, Dominika - 2018
We look at the link between the volatility in the Bitcoin market and the volatility in other related traditional markets, i.e. the gold, currency and stock market. We also try to answer if the volatility in the Bitcoin market can be explained by retail investor-driven internet search volumes or,...
Persistent link: https://www.econbiz.de/10013208824
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Economic Policy Uncertainty and Stock Market Volatility: A Causality Check
Raunig, Burkhard - 2021
policy uncertainty and stock market volatility. The check is applied to monthly data for 22 countries. The results imply that … uncertainty is an instantaneous cause of stock market volatility. Estimates suggest that stock market volatility increases by 0 ….15% to 0.85% after a 1% increase in economic policy uncertainty. …
Persistent link: https://www.econbiz.de/10013370151
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Investment and Uncertainty: A Theory-Based Empirical Approach
Carlsson, Mikael - 2004
This paper provides empirical evidence on the dynamic effects of uncertainty on firm-level capital accumulation. A … novelty in this paper is that the firm-level uncertainty indicator is motivated and derived from a theoretical model, the …-correction approach is employed. I find a negative effect of uncertainty on capital accumulation, both in the short and the long run. This …
Persistent link: https://www.econbiz.de/10010321549
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On Environmental Taxation under Uncertainty
Blomquist, Sören; Aronsson, Thomas - 1999
and treated as a random variable by policy makers. The main purpose is to analyze how additional uncertainty about this …
Persistent link: https://www.econbiz.de/10010321768
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Ordering ambiguous acts
Jewitt, Ian; Mukerji, Sujoy - 2017
We investigate what it means for one act to be more ambiguous than another. The question is evidently analogous to asking what makes one prospect riskier than another, but beliefs are neither objective nor representable by a unique probability. Our starting point is an abstract class of...
Persistent link: https://www.econbiz.de/10011927995