Using a dynamic extension of Regret Theory, we test how the regret induced by not selling a stock when the maximum price in an investment episode is attained shapes the propensity to sell a stock. We use a large discount brokerage dataset containing US households’ trading records between 1991...

We provide evidence of a positive effect of major infrastructure development on international trade, using the opening of the fixed link between Denmark and Sweden in 2000 (The Oresund Bridge) as a quasi-natural experiment. Our Synthetic Control Method (SCM) constructs a counterfactual...

Particle-phase polycyclic aromatic hydrocarbon (PAHs) accounts for a large proportion of hazardous compounds in PM2.5 derived from vehicle emission. This study aimed at determining the profiles of PAHs based on tunnel measurement and urban roadside observation. The real-world vehicle emission...

Biosensors based on tunnel FETs for label-free detection have been studied extensively in recent years, where a nanogap is introduced under gate electrode to electrically sense the characteristics of bio-molecules. In this paper, we propose a novel nanogap embedded dielectric modulated...

This paper studies the impact of expected transport accessibility improvement on house prices. We identify the effect exploiting a quasi-natural experiment created by the approval and construction of the Ryfast tunnel system in Rogaland, Norway, which shortened the travelling time to the...

Strategic default by firms remains a global concern. Although the theoretical literature studies this phenomenon, empirical evidence is scant as data categorizing defaults as strategic or distress-driven is unavailable. We use unique data from India to investigate how firms that strategically...

The urban dodge is an empiric then politics method concerned including the development or plan about land-use, or the timbered environment, permanency, certain objects such as street furniture In some countries called urban fixed or mobile elements (components). On a global scale do not follow a...

Insiders (managers and controlling shareholders) can extract (tunnel) wealth from firms using a variety of methods. This article examines the different ways in which U.S. law limits, or fails to limit, three types of tunneling – cash flow tunneling, asset tunneling, and equity tunneling. We...

This study investigates how controlling shareholders fraudulently extracted firm value via cash tunnelling from Chinese companies from 1998 to 2011. The evidence suggests that expropriating owners choose a balance sheet account that is not directly related to the firm's operating business in...

The Fehmarn Belt is a strait between Denmark and Germany, currently served by a ferry. This note analyses the theory of competition between the ferry and a planned tunnel, the Fehmarn Belt Fixed Link. The model is an asymmetric duopoly and addresses two questions: 1. Will the tunnel induce the...

The Fehmarn Belt is a strait between Denmark and Germany, currently served by a ferry. This note analyses the theory of competition between the ferry and a planned tunnel, the Fehmarn Belt Fixed Link. The model is an asymmetric duopoly and addresses two questions:1. Will the tunnel induce the...

This paper introduces the concept of apparent motion, and by examining the characteristics of apparent motion and of velocity vectors, puts forward a new speed reduction method in tunnels. Finally, we verify this effect through a simulation experiment. The experiment first used 3DMAX to make...

In the implementation phase of transportation infrastructure projects, unplanned events will inevitably occur. Although this is increasingly acknowledged, little systematic research has been conducted into what management strategies are best for dealing with these unplanned events. This article...

"Tunnel vision" is a double-edged sword. It can be a positive force, focusing attention and creating momentum to act. Vice President Gore shared the 2007 Nobel Peace Prize with the IPCC when he helped focus the world's attention on climate change and the urgent need to bring people and resources...

We analyze the expected effects of building a rail tunnel between Lyon and Turin on i) the market shares of the established and the new suppliers, and ii) consumer surplus. The prospective project consists of a 53km rail tunnel providing freight shippers with a new alpine path. We calibrate an...

Purpose : The main propose of this study is determine appropriate knowledge acquisition techniques to extract tunnel expert’s knowledge. Design/methodology/approach: A proposive sampling method was used and data were collected via face-to-face interview based on a validated Knowledge...

Development of civil engineering science has introduced tunneling as an important option in reducing the traffic volume of urban environments. Digging tunnels, in every depth, causes changes in the surface ground structure; tunneling in urban areas, especially when has passed through the...

We analyze the expected effects of building a rail tunnel between Lyon and Turin on i) the market shares of the established and the new suppliers, and ii) consumer surplus. The prospective project consists of a 53km rail tunnel providing freight shippers with a new alpine path. We calibrate an...

We analyze the expected effects of building a rail tunnel between Lyon and Turin on i) the market shares of the established and the new suppliers, and ii) consumer surplus. The prospective project consists of a 53km rail tunnel providing freight shippers with a new alpine path. We calibrate an...

During tunnel construction in permafrost regions, control of the temperature field and depth of the seasonal melt layer of surrounding rock are the key factors that determine the stability of surrounding rock and the security of a structure. Based on the monitoring data on the temperature of the...

The Quaternary deposits in Shanghai primarily consists of a phreatic aquifer group (Aq0) and five artesian aquifers (AqI–AqV) that are separated by six aquitards (AdI–AdVI). In the basin of the Huangpu River, the first artesian aquifer (AqI) is connected to the second artesian aquifer...

The first attempt has been made in Korea to quantify the carbon dioxide (CO2) emitted from the consumption of main and basic materials for road, bridge and tunnel constructions. These materials-induced CO2 emissions were estimate using the amount of materials consumed and corresponding CO2...

A new geothermal energy source obtained from a tunnel structure has been studied in this paper. The geothermal energy is extracted through a textile-type ground heat exchanger named "Energy Textile" that is fabricated between a shotcrete layer and guided drainage geotextile. To evaluate the...

Mountain tunnels, being underground structures and situated deep within rock layers, are generally considered to suffer appreciably less damage from earthquakes than surface structures. However, it has been reported that many tunnels were damaged by the 1923 Great Kantou earthquake, the 1995...

Tunnelling is defined as the transfer of assets and profits out of firms for the benefit of their controlling shareholders. We describe the various forms that tunnelling can take, and examine under what circumstances it is legal. We discuss two important legal principles -- the duty of care and...