Humphrey, Phillip; Carter, David A.; Simkins, Betty - In: The Journal of Risk Finance 17 (2016) 1, pp. 2-25
Purpose – The purpose of this paper is to examine the stock market reaction to the Gulf oil spill and determine if the markets exhibited rational pricing. On April 20, 2010, the US Coast Guard received a report of an explosion and fire aboard Transocean’s Deepwater Horizon offshore drilling...