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Persistent link: https://www.econbiz.de/10010953692
A mathematical model of the closed adsorption heat pump and cooling systems is particularly used to assist in interpreting the observed phenomena, to design the system, to predict the trends, and to assist in optimization. In this paper, various mathematical models mainly analyzing the heat and...
Persistent link: https://www.econbiz.de/10008923296
This paper provides direct evidence supporting the tax-loss selling hypothesis as an explanation of the January effect. Examining turn-of-the-year return and volume patterns for municipal bond closed-end funds, which are held mostly by tax-sensitive individual investors, we document a January...
Persistent link: https://www.econbiz.de/10005302696
Persistent link: https://www.econbiz.de/10007397333
Persistent link: https://www.econbiz.de/10006609781
We discuss recent developments in real options theory and its applications to strategic management research, examine the potential difficulties in implementing real options in theory and practice, and propose several areas for future research. Our review shows that real options theory has...
Persistent link: https://www.econbiz.de/10012759309
This paper provides direct evidence in support of the tax-loss-selling hypothesis as an explanation for the January effect. Specifically, we examine the turn-of-the-year return and volume patterns of an asset class held almost entirely by tax-sensitive individual investors: municipal bond...
Persistent link: https://www.econbiz.de/10012721969
This study explores whether UK managers behave opportunistically when determining the expected rate of return on pension assets (ERR) during a five year period (1998-2002), and whether this behavior has changed with the transitional adoption of new UK pension accounting rule FRS 17. The...
Persistent link: https://www.econbiz.de/10012729992
This paper examines how public market information relates to the initiation of venture capital projects. Analysis of venture capital investments in the U.S. between 1980 and 2007 indicates that venture capitalists tend to defer new investment projects in target industries with substantial market...
Persistent link: https://www.econbiz.de/10012755237