This paper extends the Santa Fe Artificial Stock Market Model (SFASM) studied by LeBaron, Arthur and Palmer (1999, Journal of Economic Dynamics and Control 23, 1487-1516) in two important directions. First, some might question whether it is reasonable to assume that traders are capable of...

We present an examination of security returns generated in an artificial stock market. The market is populated by traders who reason inductively while compressing information into a few fuzzy notions which they can in turn process and analyze with fuzzy logic. We demonstrate that nonlinear...

Most studies on the correlations in stock returns and volatilities focus on the contemporaneous relationships and spillover effects in major stock markets such as the US and Japan. This paper adds to the literature by focusing on the dynamic relationship in the volatilities of the returns in the...

A Conversation with John “Jack” Wadsworth, Jr., Honorary Chairman of Morgan Stanley Asia. Wadsworth talks about Morgan Stanley’s experiences in doing business in Asia, both historically and currently, and talks about the different approaches in different regions of Asia.

DC fast-charging stations can charge an electric vehicle several times faster than Level 2 AC charging stations. Using a network of DC charging stations, it becomes possible to travel in electric vehicles for long-distance, cross-country driving with only short recharging stops. This paper...

This study investigates the potential impacts of EVs on the Western Australian electricity grid, the constraints on the system's capacity to supply electricity for EV recharging and the options for managing those potential impacts and constraints. Western Australia is geographically isolated and...

Electric vehicles (EVs) have the potential to be operated using a clean, renewable energy source. However, a major limitation is their relatively short vehicle driving range and the associated driver ‘range anxiety’. This research investigates the effect of gearing on energy consumption and...