In this study, the authors shed light upon the nature and degree of market risk inherent in CDS instruments, and consequently offer suggestions to the regulators with regard to the level of regulatory reserves that ought to be mandated to avert extreme disasters or meltdowns in the future. If...

This study explores the long-run and short-term relationship between the Mexico, Indonesia, South Korea, and Turkey (MIST) equity markets and the developed stock markets such as US, UK, Germany, Japan, Hong Kong, and Singapore. To start with, the author employs static bivariate and multivariate...

In previous papers we have shown another interpretation of the irrationality of financial market agents. Another methodology has been proposed. But it also shown that others questions might be highlighted from both epistemological and social welfare point of view. This paper tries to go further...

The ascendancy of vertical marketing structures as total systems has brought about considerable interest in designing distribution systems. Various administered and co‐operative alignments have been successful in the marketplace by enabling lower total costs through central buying practices...

A Catastrophe Theory Model modified for the explanation of the evolution/revolution of behavior in the securities market can be classified in the realm of behavioral finance. An early model of the Cusp Catastrophe Model modified to explain speculative crashes appeared in Zeeman (1976, 1977)....

This study explores the long-run and short-term relationship between the Mexico, Indonesia, South Korea, and Turkey (MIST) equity markets and the developed stock markets such as US, UK, Germany, Japan, Hong Kong, and Singapore. To start with, the author employs static bivariate and multivariate...