Railways’ share price index, which peaked at 1984 in August 1845, had fallen to 673 by April 1850 (Campbell and Turner Citation2012, 7). Seen by some as the ‘greatest example of a financial mania in history’, its origins remain a ‘puzzle’; ‘why did so many people invest in ...
Citation2022; Ozik, Sadka, and Shen Citation2021). Although nominal price illusion seems to be a plausible explanation for neotrader behavior, this article presents evidence of its ineffectiveness in real-world trading. Instead, we find that affordability constraints are the primary reason for the ...
Here we provide the ‘Global Spectrum of Plant Form and Function Dataset’, containing species mean values for six vascular plant traits. Together, these traits –plant height, stem specific density, leaf area, leaf mass per area, leaf nitrogen content p
although these estimates vary considerably between the cohorts. A possible explanation for such discrepancies is heterogeneity between the composition of different cohorts, with samples enriched for sporadic cases likely producing inflated estimates of the APA effects. The disorder odds ratios associated with...
This is the notion that the larger the network, the more attractive it will be to users in most cases— and the harder it will be for a new entrant in the market to get people to switch. 221. David Reed's own explanation of his "law" is on his site: http:// www.reed.com/...
In Section 8, we conclude our exploration of the Q1Q2Q3 workflow, which we believe is an easy-to-implement technique extremely beneficial and necessary for statistics and data science education and practice. 2 Explanation of Q1Q2Q3 In our experience, every technical project—be it in applied ...
For convenience, we develop an example between a noncausal AR(0,1) model as the data generation process (DGP), and its causal AR(1,0) representation is used to illustrate Theorem 1. The DGP is a noncausal model yt=φyt+1+εt. This model has a causal representation using Eq. (Equatio...
WEBER's Protestant Ethic and the Spirit of Capitalism, 1904-5) and by the frequent recourse to general propositions within academic history (see also MEANINGFUL UNDERSTANDING AND EXPLANATION, HERMENEUTICS). See too HISTORICAL GENERALIZATION, HISTORICISM, ANNALES SCHOOL, BRAUDEL, BLOCH, TILLY, MARX, ...
WEBER's Protestant Ethic and the Spirit of Capitalism, 1904-5) and by the frequent recourse to general propositions within academic history (see also MEANINGFUL UNDERSTANDING AND EXPLANATION, HERMENEUTICS). See too HISTORICAL GENERALIZATION, HISTORICISM, ANNALES SCHOOL, BRAUDEL, BLOCH, TILLY, MARX, ...
For example, the Mechanics of Hero and many treatises by Archimedes have survived only in Arabic translation. Many technological innovations, such as the compass and fore-and-aft sail, some of which were taken from China and India, came into European usage through Arabic culture. There was a ...