If investors are not fully rational, what can smart money do? This paper provides an example in which smart money can strategically take advantage of investors’ behavioral biases and manipulate the price process to make profit. The paper considers three types of traders, behavior-driven investors who are less willing to sell losers than to sell winners (dispositional effect), arbitrageurs, and ...

In this contribution approaches for the distribution of profit within networked production structures to the different network members are introduced and discussed. In this context exact rules are indispensable for the success of a cooperation because profits are the main target of all economic activities. In this context three influencing parameters are considered: a fixed share, a value-addin...

one of important conditions of capital, is the condition to guarantee profit. with due attention of illegality of the free- interest and forbidding of the usury under the islamic and iranian law, it is necessary that; the legal status of this condition and it’s legal sanction to be considered it seems that, the condition to guarantee profit is a condition about the performance of act by witch t...

We analyze the trading activity in an Internet chat room with approximately 1,300 participants. Traders make posts in real time about their activities. We find these traders are more skilled than retail investors analyzed in other studies. 55% make profits after transaction costs, and they earn $153 per trade. Traders hold their winners 25% longer than their losers. They have statistically sign...

In recent years the Open Data philosophy has gained a considerable momentum. In the public realm the free release of PSI datasets, besides enabling novel and promising forms of governmental accountability, paves the way to third-party developed products and services. Nevertheless, PSI re-use performed by private sector entrepreneurs is struggling to take-off due to the presence of numerous inhe...