The Dumping Syndrome—“Homeostatic Overreaction”?

Overreaction to Fearsome Risks

When risks threaten, cognitivemechanismsbias people toward actionor inaction. Fearsome risks are highly available. The availability bias tells us that this leads people to overestimate their frequency. Therefore, they also overreact to curtail the likelihood or consequences of such risks. More generally, fear can paralyze efforts to think clearly about risks. We draw on a range of environmental...

Overuse, Overdose, Overdiagnosis… Overreaction?

When x-rays were first discovered, the harmful effects of radiation had to be manifest in the early users before they were known. Today, radiation protection and safety have been established and the effects of radiation, as well as its risks, are known. Even so, medical radiation, in particular the growth in the use of computed tomography (CT), has resulted in soaring radiation doses received b...

Intraday overreaction of stock prices

We propose a concept of intraday overreaction characterized by intraday price movements which are corrected within the same trading day. It is a concept of relative overreaction in the sense that the price range within a trading day is large in comparison with the openclose return volatility. As a one-sided concept it allows to distinguish between upward and downward overreaction. A test for ov...

Competition and unilateral dumping

This paper presents an analysis of the effects of market structure on the propensity of firms to dump goods. The analysis of Brander and Krugman is extended to show that in the presence of transportation costs, bilateral intra-industry trade is not possible without dumping. Contrary to the conventional wisdom, this paper finds that firms in markets with a large number of domestic competitors ar...

دمپینگ سندرم (Dumping Syndrome)