How information is translated into market prices is still an open question. This paper studies the impact of newswire messages on intraday price discovery, liquidity, and trading intensity in an electronic limit order market. We take an objective ex ante measure of the tone of a message to study...

This paper studies the effects of the introduction of the French financial transaction tax in August 2012. With the tax, the French government aims to generate revenues for financing the burdens of the financial crisis and to curb short-term trading. We find that the financial transaction tax...

Review of the monograph: Pavin Chachavalpongpun (2010), Reinventing Thailand: Thaksin and His Foreign Policy, Silkworm Books, Singapore: Institute of Southeast Asian Studies. ISBN: 978-616-215-000-5, 354 pages

In 1962, the International Court of Justice ruled that the Preah Vihear temple lies within Cambodian territory. The status of the 4.6 km² of land surrounding the temple, however, remained unclear. When UNESCO declared the Preah Vihear temple a Cambodian World Heritage Site in July 2008, the...

As the greatest military power in the Asia-Pacific, the U.S. depends on the cooperation of its allies. In the past, Washington has had to recognize that support is not always forthcoming. Using the example of relations between the U.S. and Thailand, this article tries to establish how the...

The energy sector will undergo fundamental changes over the next ten years. Prices for fossil energy resources are continuously increasing, there is an urgent need to reduce CO2 emissions, and the United States and European Union are strongly motivated to become more independent from foreign...

Typically, Information Systems (IS) are used to improve the efficiency and effectiveness of processes. On the one hand, mobile IS, with their ubiquitous character, have the potential to extend the application range of traditional IS. On the other hand it is also known that mobile IS have...

The fundamental paradigm shift from traditional value chains to agile service value networks implies new economic and organizational challenges. As coordination mechanisms, auctions have proven to perform quite well in situations where intangible and heterogeneous goods are traded. Nevertheless,...