Showing 1 - 10 of 94
This article re-examines the controversial issue of the usefulness of attitudinal indices as leading indicators of consumer durable expenditures. First a cross-validation is performed using the two most popular indices of consumer sentiment (Survey Research Center and Conference Board). The...
Persistent link: https://www.econbiz.de/10014037313
Evidence is provided of security analyst (SA) superiority relative to univariate time-series (TS) models in predicting firms' quarterly earnings numbers. It is demonstrated that SA forecast superiority in the sample is attributable to: 1. better use of information that exists on the date that TS...
Persistent link: https://www.econbiz.de/10012751527
This paper empirically examines whether labor strikes affect the forecasting and information content of quarterly earnings numbers. We address two issues regarding financial analyst forecast (FAF) superiority: whether FAF superiority increases when a strike occurs and if so, whether the increase...
Persistent link: https://www.econbiz.de/10012751530
This study examines the association between abnormal returns and five alternative proxies for the market's assessment of unexpected quarterly earnings. We examine the role that measurement error potentially has in multiple regression tests of abnormal returns (occurring around the time of...
Persistent link: https://www.econbiz.de/10012751532
We attempt to provide insights into how heterogeneity has been and can be addressed in choice modeling. In doing so, we deal with three topics: Models of heterogeneity, Methods of estimation and Substantive issues. In describing models we focus on discrete versus continuous representations of...
Persistent link: https://www.econbiz.de/10009477259
This paper introduces a general, formal treatment of dynamic constraints, i.e., constraints on the state changes that are allowed in a given state space. Such dynamic constraints can be seen as representations of "real world" constraints in a managerial context. The notions of transition,...
Persistent link: https://www.econbiz.de/10011251341
Even though runoff elections are one of the most (if not the most) common forms of presidential elections in the world, voter-choice behavior in these two-round elections has been rarely researched. Two-round elections provide unique opportunities for both political analyst and consultant. They...
Persistent link: https://www.econbiz.de/10014139670
The advertising and communications literature has already provided multiple frameworks to help advertisers choose the proper media for the types of products and services they wish to promote. We attempt to consolidate these competing (but consistent) frameworks into a common set of media...
Persistent link: https://www.econbiz.de/10012950547
Our paper provides a brief review and summary of issues and advances in the use of latent structure and other finite mixture models in the analysis of choice data. Focus is directed to three primary areas: (1) estimation and computational issues, (2) specification and interpretation issues, and...
Persistent link: https://www.econbiz.de/10012989918
We propose a framework integrating text mining and psychometrics to translate online product reviews into a brand positioning map that isolates their underlying quality perceptions and preferences for competing alternatives from the reviewers' language propensities. More specifically, we develop...
Persistent link: https://www.econbiz.de/10013099310