Despite the benefits of automated vehicles (AVs), there are still barriers to their widespread adoption. Expectations about AVs have been identified as one most important factors in understanding AV Therefore, by public’s expectations AVs, we can better understand whether or when likely be adopted on a wide scale. Individual differences, including demographics and personality, that impact techn...

Total institutional ownership, institutional ownership by type of institution (e.g. banks, insurance companies, mutual funds), and a new measure of ownership concentration (similar to the Herfindahl Index) are used to explain contemporaneous bid-ask spreads for 72 quarters (1983-2000) of NASDAQtraded stocks. When controlling for a number of commonly-used variables, relative bid-ask spreads are ...

Offshore IT outsourcing has been gaining acceptance among corporations as a mainstream alternative to in-house operations. Various studies conducted over the last 10 years have shown that outsourcing allows firms to reduce high overhead costs and improve productivity, contribute flexibility, and thus improve overall performance of the firm. However, offshore IT outsourcing brings new challenges...

Over the last four decades, the average Gaussian-risk-adjusted return on a stock portfolio that goes long in the largest banks and short in the smallest banks is minus 7 %. Moreover, this portfolio provides US investors with insurance against recessions, even though the cash flows of large banks seem more exposed to macroeconomic risk. Using the rare events model of ?, we interpret the 7% as a ...

This paper explores the long-standing empirical fact of increased trading volume around news releases through the lens of canonical models of gradual information diffusion and differences of opinion. I use a unique dataset of clicks on news by key finance professionals to distinguish between trading among investors who see the news at different times and trading among investors who see the same...

This study examines the joint effect of disclosed measurement information and investor mindset on investors' judgments of estimate precision and firm value. Consistent with psychology theory, results reveal that short horizon investors adopt a relatively concrete mindset and long horizon investors adopt a relatively abstract mindset. As a consequence, disclosing that the fair value of an impair...

This research aims to understand mother’s and girl’s expectations from their spouses, and shows the difference between these two generation’s expectations. Along this, by using qualitative approach and deep semi-structured interview, we studied the expectations difference among 14 mothers and 14 girls resided at Tehran city’s fifth region (area).Results from the research showed that women’s exp...

Introduction World agriculture is at a turning point: economic growth, energy needs, and climate change redefine the equations of agricultural supply and demand and contribute to accelerate food prices. Biofuels have been particularly high on the global agenda largely due to rising concerns about national energy security, high energy prices, and global climate change, as well as the income expe...