Millions of dollars change hands daily through online auction markets. However, fraud has been on the rise in these markets. Using a game theoretic approach, we propose a design of an economic incentive mechanism, the trusted third party (TTP), to serve the online auction communities. The...

Considering the Chinese and U.S. bond risk premia jointly, we find that n-year bond excess return can be forecast by n-year forward rate, rather than forward spread, during 03/2006-12/2016 with R^2s up to 51% and 48%, which means that expectations hypothesis fails in these two markets. Based on...

The capabilities of network technologies have facilitated the growth of electronic commerce. Major issues — notably, security and product quality uncertainty — still pose serious challenges to the further adoption of electronic commerce. Traditional market transactions have a long history...

Purpose - This study aims to use the ego depletion theory to examine the impact of hindrance stressors on knowledge sharing behaviors by investigating the mediating role of ego depletion and the moderating role of self-enhancing humor. Design/methodology/approach - Data were obtained from a...

This paper investigates the potential diversification opportunities in fifteen Asia Pacific markets from 1997 until 2010 from the perspective of a local investor. By setting up two benefit measurement, I find that under some assumptions regional diversification is a better choice than global...