Real estate appraisers represent a unique and very interesting form of business organization characterized by both cooperation and competition that is quite unlike any of the normal models of competition (such as perfect competition, oligopoly, or monopoly) that were studied in introductory...

The purpose of this paper is to examine the relation between extreme return correlation and return volatility, in the context of US stock indexes, by detecting clusters of extreme returns using return and volatility thresholds based on an algorithm suggested in Laurini. The daily returns and...