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By testing 88 different funds of the Chinese fund market (CFM), we find fractal behavior and long-range correlations in the return series, which are insensitive to the kind of funds. Meanwhile, a power-law relationship between the deviation D of prices and the Hurst exponent H has been obtained,...
Persistent link: https://www.econbiz.de/10010588580
The exponential degree distribution has been found in many real world complex networks, based on which, the random growing process has been introduced to analyze the formation principle of such kinds of networks. Inspired from the non-equilibrium network theory, we construct the network...
Persistent link: https://www.econbiz.de/10010588645
Wind energy, as a reliable, natural and renewable electrical power supply, produces no emissions and so it is an excellent alternative to conventional, more heavily polluting fuels in the long term based on the worldwide concern about the environment and energy supply. Wind energy resources in...
Persistent link: https://www.econbiz.de/10010573574
On the basis of the relative daily logarithmic returns of 88 different funds in the Chinese fund market (CFM) from June 2005 to October 2009, we construct the cross-correlation matrix of the CFM. It is shown that the logarithmic returns follow an exponential distribution, which is commonly...
Persistent link: https://www.econbiz.de/10008829631
In this paper, the dynamics of opinion formation is investigated based on a BA (Barabási–Albert) scale-free network, using a majority–minority rule governed by parameter q. As the value of q is smoothly varied, a phase transition occurs between an ordered phase and a disordered one. By...
Persistent link: https://www.econbiz.de/10011060866
A fundamental marketing problem faced by auctioneers is the promotion of their auction in order to recruit bidders. Merchants would like to attract as many bidders as possible to an auction, since the higher the number of bidders, the higher the expected winning price and profitability. This...
Persistent link: https://www.econbiz.de/10009441154
Recently fixed pricing and auctions have been brought together in a new pricing format that offers bidders the option of prematurely ending an auction at a fixed price. eBay calls this a “Buy-it- Now” auction, uBid calls this “UBuy it” and Yahoo auctions refer to this as a “Buy Now”....
Persistent link: https://www.econbiz.de/10009441200
The general theme of my dissertation research is channel management and the related pricing issues. My research aims to contribute to the extant marketing literature by providing both theories and empirical analyses regarding the emerging channels of distribution, namely, the various electronic...
Persistent link: https://www.econbiz.de/10009430369
We re-examine prior studies' findings concerning the effects of Regulation Fair Disclosure (Reg FD) on properties of US firms' information environments. Our study's innovation is the identification of a sample of industry- and size-matched foreign listed firms (ADRs) explicitly exempt from the...
Persistent link: https://www.econbiz.de/10012735434
We re-examine the effects of regulation fair disclosure (Reg FD) using ADRs (who are exempt from Reg FD) to control for confounding events which affected all traded firms. Tests based on public information metrics (returns volatility, informational efficiency and trading volume) and on analyst...
Persistent link: https://www.econbiz.de/10012773769