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In this paper we examine the role of the timing of 52-week high, or recency, in the post earnings announcement drift (PEAD) puzzle. We argue that, because investors are less likely to bid up (down) a stock price if a stock's 52-week high occurred in the recent (distant) past, these stocks are...
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To stay competitive, high-technology manufacturers (HTMs), such as Apple and Intel, not only frequently source new technologies from their suppliers, but also financially support the development of these new technologies into component products or production tools. We consider an HTM that can...
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In several transportation systems, vehicles can choose where to meet customers rather than stopping in fixed locations. This added flexibility, however, requires coordination between vehicles and customers that adds complexity to routing operations. This paper develops scalable algorithms to...
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