How Investors React to Political Risk

How Investors React to Political Risk

How Local and Foreign Investors React to Public News

This study uses the segmented dual-class shares of Chinese firms---A shares traded inside mainland China by local investors and H shares traded in Hong Kong by foreign investors---to analyze how local and foreign investors react to public news about the same firms. We find significant heterogeneity in their reactions. First, foreign investors react more strongly to earnings announcements. Secon...

How ( Not ) to React to Experimental Philosophy

In this paper, I am going to offer a reconstruction of a challenge to intuition-based armchair philosophy that has been put forward by experimental philosophers of a restrictionist stripe, which I will call the 'master argument'. I will then discuss a number of popular objections to this argument and explain why they either fail to cast doubt on its first, empirical premise or do not go deep en...

How doctors should react to domestic violence.

A palpable alarm echoed throughout Hong Kong when two young children were chopped to death and another critically wounded by their father before he hanged himself on 20 January 2002. Domestic violence in the form of homicide, suicide, spouse battering, and child abuse are among the most common social and mental health problems worldwide. Such incidents are but the tip of an invisible iceberg of...

How physicians react to cost-effectiveness information.

Since 1998, the growth of health care spending has accelerated to levels not seen since the 1980s. This growth has renewed pressures on physicians to practice "cost-effective" care, since physicians' decisions account for the vast majority of all health care spending. But little is known about what physicians think about cost containment, and how they incorporate cost-effectiveness information ...