Medieval Property Investors, ca. 1300–1500

Research on Flocculation Property of Bioflocculant PG . a 21 Ca

This paper investigates the flocculation performance of polyglutamic acid-based bioflocculant PG.a21 Ca by processing kaolin suspension, studies the effects on the flocculation efficiency from the amount of flocculant, pH, temperature, hydraulic condition and etc. The results show that the flocculation rate of PG.a21 Ca to 1 g/L kaolin suspension is 95.8% under the condition that the amount of ...

Protecting investors

On December 15, 2010, after 11 months of legal standoff, the Swiss corporation Novartis finally closed a deal to acquire the remaining shares of eye-care company Alcon from minority shareholders. Why did it take almost a year? The acquisition had become a relatedparty transaction after Novartis purchased a 25% stake from then majority shareholder Nestlé and nominated some of its own directors t...

Investors and Management Practice:

Schizophrenic Representative Investors

Representative investors whose behavior is modeled by a deterministic finite automaton generate complexity both in the time series of each asset and in the cross-sectional correlation when the rule governing their behavior is schizophrenic, meaning the investor holds multiple seemingly contradictory beliefs simultaneously, either by switching between two different rules at each time step, or co...

Herding Among Individual Investors

The conjecture that investor sentiment leads important groups of investors to act similarly and thereby affect prices is an important ingredient of models of noise trading and style investing. In contrast to Lakonishok et al. (1992), who find only weak evidence of herding among institutional investors and conjecture that retail investors will herd even less, we document that a sample of over 30...