Showing 1 - 10 of 253
Today's predominant disclosure philosophy calls for the fulldisclosure of all decision relevant information bycompanies. More publicly available information, theargument goes, limits the adverse selection problem by reducinginformation asymmetry among heterogeneous investors. Thus, theliquidity...
Persistent link: https://www.econbiz.de/10009475317
This thesis addresses the high-frequency price formation in the European Union Emissions Trading Scheme (EU ETS). In particular, it deals with high-frequency price reactions of European Union Allowances (EUAs) to scheduled macroeconomic and regulatory announcements. The work incorporates several...
Persistent link: https://www.econbiz.de/10009451138
Wirtschaftsprognosen sollen die Unsicherheit bezüglich der zukünftigen wirtschaftlichen Entwicklung mindern und Planungsprozesse von Regierungen und Unternehmen unterstützen. Empirische Studien bescheinigen ihnen jedoch in aller Regel ein unbefriedigendes Qualitätsniveau. Auf der Suche nach...
Persistent link: https://www.econbiz.de/10011288103
Much research has investigated the differences between option implied volatilities and econometric model-based forecasts. Implied volatility is a market determined forecast, in contrast to model-based forecasts that employ some degree of smoothing of past volatility to generate forecasts....
Persistent link: https://www.econbiz.de/10009483523
This study investigates the impact of changes to the New Zealand Exchange's listing rules and legislative amendments to the Securities Markets Act 1988 enacted in December 2002. The reforms provided statutory backing for a more stringent disclosure regime. We find evidence that non-dual listed...
Persistent link: https://www.econbiz.de/10009430976
This two-part paper is intended to explore the task of differentiating a professional gambler from a leisure gambler, specifically, among online poker players. The first part of the study consists of a statistical analysis to identify the requisite number of hands of online poker required to...
Persistent link: https://www.econbiz.de/10009467921
relationship between individuals’ gambling choices and their choices regarding fast-food consumption, junk-food consumption … significant and revealing relationship between gambling choices and choices relating to one's health that can lead one to conclude …
Persistent link: https://www.econbiz.de/10009468248
A development in Australian hospitality education has been increasing numbers of industry specific tertiary courses developed in conjunction with, and often at the request of, a particular industry through its industry association. The desire for more professional standards and management...
Persistent link: https://www.econbiz.de/10009475197
This paper helps address a deficiency of gender specific research into gambling. Using predominantly non … randomly from six large Sydney clubs. The results support female gambling stereotypes of lower individual bets and lower … overall expenditure, but not of lower participation and frequency of play, and shorter duration of gambling sessions. Further …
Persistent link: https://www.econbiz.de/10009475294
This article seeks to establish the extent of displacement effects across gaming products. This is a particularly difficult question to address with precision. To date, many studies have looked at policy changes such as the introduction of a new product into the market to assess the severity of...
Persistent link: https://www.econbiz.de/10009475727