This paper investigates analysts' earnings forecasts for equities listed on the Australian Stock Exchange. Recent research shows that heuristics may influence analysts' decision making (see, Amir and Ganzach 1998), however, most of the evidence is limited to US and European markets. We provide...

In most large cities, the taxi industry is subject to various types of regulation, such as entry restrictions and price controls, and economists have examined the economic consequences of such regulation extensively. Unfortunately, in conventional economic analyses of competition and regulation...

Purpose -The purpose of this paper is to investigate the profitability of momentum investment strategy and the predictive power of trading volume for equities listed in the Australian Stock Exchange. Design/methodology/approach -Following the Lee and Swaminathan's approach, portfolios on past...

Based on the traditional regenerative braking electrical circuit, a novel energy recovery system for the main and auxiliary sources of electric vehicles (EVs) has been developed to improve their energy efficiency. The electrical circuit topology is presented in detail. During regenerative...