In the design of a wind farm, the placement of turbines is an important factor that affects the efficiency and profit, but automatic placement of turbines is still a challenging problem.

This paper empirically examines the adverse selection models by using the data from Chinas personal automobile insurance market through the standard positive-correlation test. Results show that higher-risk insurance policyholders do tend to buy insurance with a lower coinsurance rate, which...

In this paper we model regimes and long memory in the dynamics of realized volatilities of intraday ETF and stock returns. We estimate threshold fractionally integrated (TARFIMA) models using Bayesian Markov Chain Monte Carlo (MCMC) algorithms with efficient jump. We also introduce a test based...

Maize is the most important crop in upland areas in the Philippines, but production lags behind potential in many areas, especially those with acid soils. The Nutrient Management Support System (NuMaSS), a computer-based decision aid, provides soil and crop-based recommendations for nutrient...

Purpose – The puzzle of hot and cold issue markets has attracted substantial interest in the academic community. The behavior of IPO volume and initial returns over time is well documented. Few studies, however, investigate the dynamic interrelationship between these two variables. This paper...

<title>Abstract</title> This study documents differences between two widely known IPO selling methods: the auction method and bookbuilding method for a sample of US IPOs. We employ a matched firm technique to compare the two IPO selling methods and empirically test hypotheses relating to the two selling...

Purpose – The study aims to examine the stock price performance of publicly owned railroad companies following severe railroad accidents that resulted in the loss of human lives and/or hazardous material spills. The focus is on legal liability considerations as one of the primary factors that...

Purpose – The purpose of this paper is to examine whether and how family ownership enhances or damages firm value. Design/methodology/approach – The paper studies a sample of Canadian companies listed on the Toronto Stock Exchange (TSX) between 1999 and 2007 and apply multivariate regression...

"We examine whether institutional investors are able to avoid future litigation. Our results show that institutions provide a fiduciary role by decreasing or eliminating their positions in sued firms well before litigation begins. We also find that institutional groups with high monitoring...