Showing 1 - 10 of 12
This paper empirically examines the relation between overreaction and the speed of information diffusion in the Chinese stock market. Industry-adjusted firm size and residual analyst coverage are used to proxy the speed of information diffusion. We document strong evidence that the profitability...
Persistent link: https://www.econbiz.de/10008742564
Much of the increase in female labour force participation in the post-war period has come from the entry of married women with young children. Accompanying this change has been a rise in cultural acceptance of maternal employment. We argue that the concurrent S shaped rise in maternal...
Persistent link: https://www.econbiz.de/10005792162
We address the problem faced by innovators who have an idea for a marketable product but must hire employees to bring the product to the market. Information leakage implies that newly-hired employees become informed of the idea and may attempt to bring the product to the market themselves. We...
Persistent link: https://www.econbiz.de/10005792493
Acquiring a good reputation and being able to convey to an audience the good image of a company or a destination is a vital issue in today’s virtual world. The quality of what is transmitted and the influence of social networks through which the promotional or marketing messages are spread are...
Persistent link: https://www.econbiz.de/10010692916
This paper considers information trading in fixed networks of economic agents who can only observe and trade with other agents with whom they are directly connected. We study the nature of price competition for information in this environment. The linear network, when the agents are located at...
Persistent link: https://www.econbiz.de/10005836400
We examine the performance of technical trading rules in Chinese domestic A-share and foreign B-share markets. After controlling for non-synchronous trading and transaction costs, we find evidence to support the predictability and profitability of some of the most popular technical trading rules...
Persistent link: https://www.econbiz.de/10004970143
Our motivation is lying on the questions "How does a food scare and information of a food scare influence the buying decision of one single agent and the changes in the aggregate demand?" and "How can we evaluate effective risk communication strategies?". Since we investigate a society of...
Persistent link: https://www.econbiz.de/10004979589
The need to cope with complicated natural disaster system calls for a sophisticated way of analyzing it with the help of fuzzy methods. Therefore, four models are suggested succeedingly to represent a fuzzy probability distribution with a small sample. In this paper, we inspect the four models...
Persistent link: https://www.econbiz.de/10005060098
This paper explores an algorithm which serves as a market auctioneer under the following constraints: [i] traders arrive randomly and each sales/purchase order should be executed at the currently posted price (sequential service), [ii] the auctioneer need not know the exact fundamental value of...
Persistent link: https://www.econbiz.de/10005749427
We examine how speed of information diffusion within mutual fund families affects the performance and trading behavior of the corresponding member mutual funds. Timely information flows within the organization lead to better fund performance, and even more so when information flows across funds...
Persistent link: https://www.econbiz.de/10011167079