In chapter 1, we show (i) that the risk-return characteristics of our sample of 17 developed stock markets of the world have converged significantly toward each other during our study period 1974 2004, and (ii) that this international convergence in risk-return characteristics is driven mainly...

According to the World Health Organization, more than one million road traffic deaths occur every year throughout the world. Many countries have established quantified road safety targets in response. Road safety targets need to be based on reliable forecasting methods. This paper attempts to...

Many of the critical technologies in knowledge economy are undergoing an exponential rate of rapid improvement. The best known roadmap to guide exponential trend of improvement has been provided by Moore’s law. This paper will update the validity of Moore’s law by applying it to...