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innovation-driven British Bicycle Mania of 1895-1900, in which cycle share prices rose by over 200 per cent before collapsing by … that new technology, high short-term profits, and loose monetary conditions increase the level of speculative investment …
Persistent link: https://www.econbiz.de/10011563105
Persistent link: https://www.econbiz.de/10012102394
technology innovations, and process disruptions. The industry as a whole, and many new fintech start-ups are looking for new … Revolution” is at stake. This article presents a new fintech innovation mapping approach that enables the assessment of the …) operations management in financial services, and the changes that are occurring there; (2) technology innovations that have begun …
Persistent link: https://www.econbiz.de/10012917586
News media plays an important role in modern financial markets. In this paper, we analyse the role played by the news media in an historical financial market. Using The Times's coverage of companies listed on the London stock market between 1825 and 1870, we examine the determinants of media...
Persistent link: https://www.econbiz.de/10011458919
Artificial Intelligence (AI) is a potentially powerful tool in the fight against the COVID- 19 pandemic. Since the outbreak of the pandemic, there has been a scramble to use AI. This article provides an early, and necessarily selective review, discussing the contribution of AI to the fight...
Persistent link: https://www.econbiz.de/10012199140
Evolution of technology is a stepwise advancement of a complex system of artifact, driven by interaction with sub … society. This study explains evolution of technology with two different approaches: theories based on processes of competitive … substitution of a new technology for the old one and theories considering a multi-mode interaction between technologies, such as …
Persistent link: https://www.econbiz.de/10012866127
The fundamental problem in the field of technology studies is how technology evolves and sustains economic change in … technology in human societies. Technological host-parasites coevolution is a mutual symbiotic relationship between a host … technology and associated technologies directed to satisfy needs and/or to solve problems of human beings. To explore the …
Persistent link: https://www.econbiz.de/10014032744
In 2007, both the U.S. and the E.U. implemented sweeping reforms in the regulation of stock exchange trading and market structure, following diametrically opposite approaches. While the E.U. effort is deregulatory and decentralized, allowing investors' choices to determine how different...
Persistent link: https://www.econbiz.de/10012727196
Weather derivatives (WD) are different from most financial derivatives because the underlying weather cannot be traded and therefore cannot be replicated by other financial instruments. The market price of risk (MPR) is an important parameter of the associated equivalent martingale measures used...
Persistent link: https://www.econbiz.de/10003893132
Forecasting based pricing of Weather Derivatives (WDs) is a new approach in valuation of contingent claims on nontradable underlyings. Standard techniques are based on historical weather data. Forward-looking information such as meteorological forecasts or the implied market price of risk (MPR)...
Persistent link: https://www.econbiz.de/10009511156