Using job announcements posted by MNC subsidiaries in Taiwan and Thailand, we investigated the effects of MNC home-country cultural and institutional forces on the use of employment gender and age discriminatory criteria in host countries where anti-discrimination legislation was absent. We...

Brockner and Higgins (Brockner, J., Higgins, E. T. 2001. Regulatory focus theory: Implications for the study of emotions at work. Organizational Behavior & Human Decision Processes, 86(1), 35-66.) suggest that a leader's behavior may be perceived as an organizational endorsement of...

This paper provides an industry standard on how to quantify the shape of the implied volatility smirk in the equity index options market. Our local expansion method uses a second-order polynomial to describe the implied volatility-moneyness function and relates the coefficients of the polynomial...

In this paper, we suggest a new multi-objective artificial bee colony (ABC) algorithm by introducing an elitism strategy. The algorithm uses a fixed-size archive that is maintained based on crowding-distance to store non-dominated solutions found during the search process. In the proposed...

In certain categories, an important element of competition is the use of previews to signal information to potential consumers about product attributes. For example, the front page of a newspaper provides a preview to potential newspaper buyers before they purchase the product. In this context,...

Bias in the market for news is well-documented. Recent research in economics explains the phenomenon by assuming that consumers want to read (watch) news that is consistent with their tastes or prior beliefs rather than the truth. The present paper builds on this idea but recognizes that (i)...

The Artificial Bee Colony (ABC) algorithm is one of the most recent swarm intelligence based algorithms which simulates the foraging behavior of honey bee colonies. In this work, a particle swarm inspired multi-elitist ABC algorithm named PS-MEABC is proposed and applied for real-parameter...