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In this paper, we investigate the profitability of "riding the bubble" trading strategies in the Chinese stock market. Using sector-level data from the CSI 300, we identify bubble episodes using the bubble test proposed by Phillips et al. (2015). We then buy the sector-level indices whenever...
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This research aims to show that knowledge management is integral to business strategy and can lead to more efficient new product development in high-tech companies. Organizations have been increasingly focused on knowledge management methods as they have realized how important it is to manage...
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During pandemic seasons, queueing management that prevents customers in service systems from interacting with each other can be effective in reducing their risk of infection. In this paper, we aim to understand how queueing topologies and flow control policies influence customers' infection risk...
Persistent link: https://www.econbiz.de/10014259465
In a model of interconnected conflicts on a network among multiple contestants, we compare the equilibrium effort profiles and payoffs under both two scenarios: uniform effort (UE) in which each contestant is restricted to exert the same effort across all the battles she participates, and...
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With the development of technology, single functional antibacterial materials can no longer meet the demands of some particular application areas. Therefore, some multifunctional materials equipped with both “bacteria-killing” and “bacteria-defending” functions have been created in...
Persistent link: https://www.econbiz.de/10013304023
Compared to mutual funds, hedge funds prefer smaller, opaque value securities, and have higher turnover and more active share bets. Decomposing returns into three components, we find that hedge funds are better than mutual funds at stock picking by only 1.32% per year on a value-weighted basis,...
Persistent link: https://www.econbiz.de/10004995152