A speculation in reality

Speculation Spillovers Speculation Spillovers

This paper demonstrates that investor irrationality can be contagious across markets. Supplementing existing studies on resale option theory, we illustrate that warrant speculation could spill over to the underlying stock market. Our findings indicate that high turnover of underlying stocks is associated with previous day’s high unexpected turnover of warrants, or previous day’s larger price de...

Speculation in Agricultural Land

Agricultural land prices in many developed countries rose and then fell dramatically over a relatively short period of time in the late 1970s and early 1980s. Most of the models in the literature that describe the dynamic behaviour of agricultural land prices suggest that these sharp price movements were not completely due to market fundamentals. Many attribute part of this price volatility to ...

Leishmaniases' Burden of Disease: Ways Forward for Getting from Speculation to Reality

In this month’s issue of PLoS Neglected Tropical Diseases, Bern et al. [1] review the disease burden of the leishmaniases. In their article, the authors review the clinical pathology and eco-epidemiology of the disease as well as provide us with current data on the morbidity, mortality, and socioeconomic impact of the leishmaniases throughout their endemic range. They conclude that ‘‘current me...

Food Speculation

A Speculation on Diabetes Mellitus

A brief review of the physiological beliefs relative to diabetes is necessary, as it is on those beliefs that the hypothesis is based. It is taught by the majority of physiologists that all working cells require dextrose for the output of energy, which dextrose is taken from the blood. A cell cannot immediately burn off the dextrose received, but incorporates it first as glycogen, in which stat...