We investigate the impact of the Morgan Stanley Capital International change in index calculation on Australian stocks. We are able to differentiate between a downward sloping demand curve hypothesis and the investor awareness hypothesis. Broadly speaking, the results are consistent with...

Purpose – The purpose of this paper is to: first, test if information-adjusted noise model (IANM) can be applied in China; second, quantify noise trader risk, overreaction, underreaction and information pricing errors in that market; and third, explain the relationship between noise trader risk...

Contents 1. Introduction -- 2. The institutional economics of blockchain -- 3. The universal turing institution -- 4. The microfoundations of ledgers -- 5. Money, dequity, and the barter economy of the future -- 6. Supply chains and identity -- 7. The V-form organisation and the future of the...