This paper investigates how heterogeneous sentiments and perspectives expressed in public online media about the abolition of the Chinese presidential term limit in 2018 may have caused a divergence in investor behavior between the U.S. and China. We document that sentiments expressed in social...

The paper starts with an analysis of the decline of Russian state-subsidised all-risk crop insurance during the transition period, describes the reorganisation of Russian crop insurance started in 1997 and 1998, and compares the Russian experience with the Czech Republic's strictly commercial...

A Bayesian supply function equilibrium is characterized in a market where firms have private information about their uncertain costs. It is found that with supply function competition, and in contrast to Bayesian Cournot competition, competitiveness is affected by the parameters of the...