The Dogs of the Dow (Dow Dogs) strategy, which has gained widespread popularity in the U.S., is found to be considerably successful in China's stock markets. This trading strategy contradicts the well-established efficient market hypothesis. This study examines the cross-sectional variations in...

This article presents an alternative system for selling real estate. It overcomes the well-known deficiencies of the percentage commission system. In our system, the agent purchases the property from the seller and simultaneously receives a put option. The put option gives the agent the right to...

Poor-quality mortgage appraisals are thought to have played a role in real estate market downturns from the 1980s to the 2000s. Prior research measuring appraisal quality based upon ex post audits of individual appraisals, however, have been limited to small samples of limited power and...