The problem of simultaneous inference and multiple comparison for comparing means of k(≥3) populations has been long studied in the statistics literature and is widely available in statistics literature. However to-date, the problem of multiple comparison of regression models has not found its...

While we assume in the corporate entrepreneurship literature that organizational members develop entrepreneurial behavior, little is known of how these members construct an entrepreneurial identity and how this affects the organization. We draw from the social constructionist approach to...

This paper presents and analyzes a survey taken of core (required) finance courses in the curricula of the highest-reputation MBA programs in the school year 2004-2005. Five of the nineteen schools responding have increased hours spent in the finance core substantially, compared to results of...

Mutual fund performance evaluation in its simplest form in a first-year MBA investments course can be thought of as examining the residual alpha of a fund after controlling for multiple beta risks. This empirical exercise, which may be used with the teaching note, Understanding Risk and Return,...

The first-year MBA finance course regularly includes a discussion of the CAPM. This teaching note extends the typical textbook discussion of CAPM in two ways. First, it provides a step-by-step approach explaining empirically how one can calculate beta and alpha using simple regression. Second,...

Option valuation is one of the most difficult topics to teach in the basic finance course. It is intimidating to many students as being too abstract and involving too much mathematics. The purpose of this paper is to introduce the essential ideas behind option valuation using an intuitive and...

Using nine years of intraday data for the largest 3,000 U.S. stocks, we find a strong tendency for positive returns during the overnight period followed by reversals during the subsequent trading day. This behavior is driven by an opening price that is high relative to intraday prices....

With the development of transportation, the tunnel has become one of the important facilities of railway, highway and subway transportation. However, fire hazards occurring inside the tunnel may incur huge numbers of casualties and property losses. In this paper, a breathing air supply zone...

In open internet auctions with deadlines, some bids made near the deadline are randomly lost. Roth and coauthors have demonstrated via full-information examples that multiple bidders bidding late can nevertheless be equilibrium behavior, as the cost to one bidder of a lost bid can be outweighed...

Based on 303 questionnaires of farmers in different types of areas of Henan Province, we analyze the impact of various factors (different types of areas, types of characteristic agriculture, sales of characteristic agricultural products, risk management of characteristic agricultural products,...