Purpose: Summarized and sorted career success evaluation indicators of skilled employees. Design/methodology/approach: Based on Grounded Theory, through interviews and questionnaires to railway skilled employees. Findings: the study shows that "subjective career success", including work-family...

Purpose: Workplace safety has been a persistent issue for safety-critical organizations. Based on self-verification theory, this study investigates how authentic leadership affects safety behaviors in a collectivistic context. Design/methodology/approach: This research collected 259 matching...

This paper examines the usefulness of technical analysis (TA) from the perspective of detecting market liquidity demand. An informed trader and a number of uninformed technical traders employ TA and trade strategically with liquidity traders and risk-averse market makers in a dynamic equilibrium...

Motivated by a novel empirical finding that variance risk premium (VRP) predicts trading volume, we analyze an asset pricing model where agents are initially uncertain about their subjective models for interpreting public news announcements. Such a setting is micro-founded by ambivalence in...

This paper develops a dynamic model of prices and trades in a risky security and an option, where agents use different subjective likelihood functions to interpret a public signal, but they are initially uncertain about the signal precision or mean. Our model can explain the seemingly overpriced...

Technical analysis (TA) is modeled as a method to infer market liquidity demand. Risk-averse market makers supply immediacy to an informed trader and uninformed technical traders, who conduct TA and trade strategically, and to liquidity traders, who trade randomly. Price change is positively...

The way informed traders use their privileged information affects the properties of asset prices. This paper compares the market efficiency of the two most widely adopted informed trading paradigms: the Grossman-Stiglitz-style and the Kyle-style, in a unified three-period framework. The...