The paper discusses the use of ‘fishbone diagrams’ to help S&T program managers improve the quality of program proposals. By using this tool, they can make good connections between problems, goals, objectives, and measurable indicators. In order effectively to apply fishbone diagrams in S&T...

This study, through bibliometric data, adopts the concept of Revealed Comparative Advantage (RCA) to apply in publication of scientific fields for observing the feature of scientific capacity of a nation. Following that, we utilize a hierarchical clustering method to conduct national clustering...

This paper proposes that the Taiwan Futures Exchange (TAIFEX) adopts a linear extrapolation method to set the settlement price for the Taiwan Stock Exchange Capitalization Weighted Stock Index (TAIEX) options with less liquidity and thin trading. The empirical results indicate that the...

We use a data set from market participants in the Taiwan Stock Exchange Capitalization Weighted Stock Index options markets to demonstrate a strong positive relationship between prior trading outcomes and subsequent risk taking. In particular, investors in this market take above-average risks in...

This paper examines the influence of institutional investor behavior on the stock return synchronicity using a sample of Taiwanese listed companies for the period 2000-2005. We find that stock prices reflect more firm-specific information for firms whose institutional ownerships are higher....

This paper proposes a formal methodology to gauge the credit risk of housing loans. It estimates the default probability and recovery rate endogenously, which is more detailed than previous studies. Using data from a bank in Taiwan, this study also determines whether securing loans, granting...

With the implementation of NASD Rule 2711 in 2002, each brokerage firm is now required to publicly disseminate the distribution of stock ratings in each research report. Hence, this paper investigates the relationship between the percentage of buy recommendations and probability of deciding to...

This paper represents the first attempt to apply a stochastic dominance (SD) approach to examine the efficiency of the UK covered warrants market. Our empirical analyses reveal that neither covered warrants nor their underlying shares stochastically dominate the other, indicating the...