Purpose–The purpose of this paper is to explain what information is contained in mutual funds' trading behaviors and to try to further assess the impact on the stock market. Design/methodology/approach–The objective is achieved by an empirical examination using the high-frequency intraday...

To overcome the costs of doing business abroad, researchers have suggested either legitimacy- or efficiency-based solutions. However, both types of solutions still treat host-country customers as external to the theory. We highlight the role of customers in the international professional...

In this paper, a method based on prospect theory is proposed to solve the multiple attribute decision making (MADM) problem with three formats of attribute aspirations. According to the idea of prospect theory, reference points concerning attributes are first determined. Then, for the three...

From a Bayesian perspective, we propose a general method for analyzing a combination of continuous, ordinal (including binary), and categorical/nominal multivariate measures with missing values. We assume multivariate normal linear regression models for multivariate continuous measures,...

We investigate wealth distribution on scale-free networks with different consumption strategies. We indicate that nonlinear consumption function can lead to exponential wealth distribution with a power law tail in accordance with empirical data. In addition, we suggest that anti-degree...

A novel common-rail type DME injector has been proposed by State Key Laboratory of Engines. The injector employs impact principle to enlarge its electromagnetic force, and thus has no plunger matching parts. The sealing and wear problems brought by plunger can be avoided when the injector...

This paper proposes a new conceptual model to better understand the internationalization process of firms, especially those from rapidly developing East Asian economies. The model is illustrated through a comprehensive analysis of the internationalization process of Hyundai Motor Company (HMC)....

The study of opinion dynamics, such as spreading and controlling of rumors, has become an important issue on social networks. Numerous models have been devised to describe this process, including epidemic models and spin models, which mainly focus on how opinions spread and interact with each...

Recent studies of rumor or information diffusion process in complex networks show that in contrast to traditional comprehension, individuals who participate in rumor spreading within one network do not always get the rumor from their neighbors. They can obtain the rumor from different sources...

The multinomial probit model has emerged as a useful framework for modeling nominal categorical data, but extending such models to multivariate measures presents computational challenges. Following a Bayesian paradigm, we use a Markov chain Monte Carlo (MCMC) method to analyze multivariate...