Currency stability is a critical component in global commerce. This study examines the informational efficiency of the black and official exchange markets in the North American Free Trade Agreement partners. Using a series of non-parametric as well as time series models, this study finds that...

Currency stability is a critical component in global commerce. This study examines the informational efficiency of the black and official exchange markets in the North American Free Trade Agreement partners. Using a series of non-parametric as well as time series models, this study finds that...

We measure internet bubbles to verify the existence and evaporation of the internet bubble in early 2000. Then, we compare investor responses to internet stocks with those to traditional stocks to find how the internet bubble formed. Empirical results confirm that the internet bubble existed...

Purpose – The purpose of this paper is to analyze the prices and consumer behavior at Woot.com, a deep discount online retailer, and compare two selling mechanisms it uses – the regular “one deal a day” and the “woot‐off” mechanisms. The paper also compares the “one deal a day”...