Applied Financial EconomicsFodor, A., DiFilippo, M., Krieger, K. and Davis, J. (2013) Inefficient pricing from holdover bias in NFL point spread markets, Applied Financial Economics, 23, 1407-1418.Fodor, A., DiFilippo, M., Krieger, K. and Davis, J. (2013) Inefficient pricing from ...
In economics, Zafar (2011) experimentally highlights that informative conformity matters for decision-making, in the shape of learning about the descriptive norm (i.e., what others are doing). Grodner and Kniesner (2006) study the effect of normative conformity on wages and labor supply. Ding ...
The exception is when there are commitment (holdup) problems, so that equilibrium taxes and regulations are worse than the elite would like them to be from an ex ante point of view. In this case, economic institutions that provide additional security of property rights to other groups can be...
The trading robot approach considers the long-term overreactions from a trader’s viewpoint, i.e. whether it is possible to make abnormal profits by exploiting the overreaction anomaly, and simulates the actions of a trader using an algorithm representing a trading strategy. This is a programme...
In addition to wealth dependence, our results are also consistent with some other evidence. Unobservable wealth and risk aversion imply equilibria coherent with only partial participation, contrary to most theoretical studies. The evidence on this point is against the hypothesis of full collateralisation...
To be success ul in the long term, a hedge und needs a repeatable process that makes money more o ten than not. This book explains many o these processes based on the lessons o top managers. O course, putting this knowledge into
Prior to 2013, China's IF industry was still in its infancy, with slow development. The industry began to thrive after 2013. Therefore, selecting 2013 as the research starting point is appropriate. The institutional background section also describes the reason for selecting 2019 as the end year...
hence inefficient redistribution, should be more preva- lent when factors are more specific. Yet, in many of the common examples of inefficient policies, there appears to be, if anything, less specificity than in other sectors. A case in point is consumer goods industries, such ...
Given the analysis of different financial systems, it should be interesting to establish the optimal structure of bank debt from the firm's point of view. Obviously, the optimal financing structure will depend not only on the borrower quality, as one main result by Elsas et al. (2004), but...
Learn more about this topic: Air Pollution & Economic Development | Marginal Cost & Benefit from Chapter 18 / Lesson 10 78K Learn about the economics of pollution and understand how air pollution relates to economic development. Ex...