ULRICH GEORG ESKUCHE (1926-2008)

Liquidity and expected returns¬タヤEvidence from 1926¬タモ2008

a r t i c l e i n f o This paper reexamines the liquidity effect on stock expected returns in the NYSE over the period 1926–2008, the pre-1963 period, for which there is a lack of research, and the post-1963 period. The results from the entire sample of 1926–2008 show that expected returns increase with the stock level illiquidity. However, illiquidity level has explanatory power in the cross-s...

Georg Bauer

Contentious Contracts ¤ Ulrich Hege

This paper o¤ers an explanation of rationally incomplete contracts where incompleteness refers to unforeseen contingencies. Agents enter a relationship with two-sided moral hazard in which a commitment to discard parts of the joint resources may be ex ante e¢cient. This happens through costly legal dispute which arises when contract terms are missing for the undesirable outcomes. We show that a...

Ulrich Häring Erwin

FT3 values. FT3 values in the 2 patients with antibodies to T2, T3, or their conjugates were 12.3 and 32.6 pmol/L for the Vitros FT3II assay. With the Vitros FT3 assay, FT3 concentrations in 2-fold diluted control sera were 96% (1.1%) [mean (SD)] of those in the nondiluted sera, and in 2-fold diluted sera from 2 patients taking diclofenac, FT3 concentrations were 95.9% and 96.3% of those in the...

Editorial Atypical Speech Georg

One of the most important aspects of spoken language is its large degree of variability. Variability in speech is caused by many different sources, for instance, changes of the acoustic environment or transmission channel and differences between speakers or various speaking styles. Successful speech processing systems typically combine several different means to cope with the unwanted variabili...