This study was conducted to investigate the market anomalies in the Borsa Istanbul Index (BIST). The scope of this study is to examine the Monday effects in BIST that are stock index of Turkey with an data set that contains daily stock prices between 02.01.2010 and 22.10.2014. The stock returns...

Clock rule changes were introduced in the 2006 season with the goal of reducing the average duration of the game; these changes were reversed in 2007. In addition, in 2007 the kickoff rule was changed to create more excitement and potentially more scoring. We examine what happened to actual and...

In recent years, especially in the aftermath of the global financial meltdown, the performance of South Asia capital markets has attracted the attention of the researchers and investors across the globe. The resilient shown provides the impetus to examine the efficient market hypothesis in these...

This study investigates the time evolution of market efficiency in the Japanese stock markets, considering three indices: Tokyo Stock Price Index (TOPIX), Tokyo Stock Exchange Second Section Index, and TOPIX-Small. The Hurst exponent reveals that the Japanese markets are inefficient in their...

This paper conducts a review of the literature on the price-volume relationship and its relation with the implications of the adaptive market hypothesis. The literature on market efficiency is classified as efficient market hypothesis (EMH) studies or adaptive market hypothesis (AMH) studies....

Recent literature shows that market anomalies have significantly diminished, while research on market factors has largely improved the performance of asset pricing models. In this paper we study the extent to which data envelopment analysis (DEA) techniques can help improve the performance of...

This paper serves the purpose of empirically investigating the impact of three market anomalies: day-of-the-week effect, weekend effect and monthly effect (January and July effects) on Pakistan stock market prior and after the establishment of PSX. The paper constructed multiple regression...

Seit Dezember 2006 liegt der Glücksspielstaatsvertrag der Länder unterschriftsreif vor. Er bleibt aber umstritten. Eine neue Regulierung des Glücksspielwesens in Deutschland war erforderlich geworden, nachdem das Bundesverfassungsgericht Teile des bayerischen Staatslotteriegesetzes für...

Der Glücksspielstaatsvertrag und die 6. Verordnung zur Änderung der Spielverordnung haben zu zweistelligen Rückgängen bei den Bruttospielerträgen in der Unterhaltungsautomatenwirtschaft geführt. Der negative Trend im Bereich des gewerblichen Geldspiels wird sich in den kommenden Jahren...