We examine the short-selling ban imposed by National Commission for Companies and Stock Exchange of Italy, authority that regulates Italian securities market, on three energy stocks. find effect was temporary.

We study a dynamic buyer-seller problem in which the good is information and there are no property rights. The potential buyer is reluctant to pay for information whose value to him is uncertain, but the seller cannot credibly convey its value to the buyer without disclosing the information itself. Information comes as divisible hard evidence. We show how and why the seller can appropriate a su...

in this paper, the optimal location and characteristics of tadas dampers in moment resisting steel structures, considering the application of minimum number of tadas dampers in a building as an objective function and the restriction for destruction of main members is studied. genetic algorithm in first generation randomly produces different chromosomes representing unique tadas dampers distribu...

the continuous improvement of eaf performance is crucial for the increase in productivity and cost effectiveness and to render an environmental friendly process. rhi supports these targets by providing a diverse range of refractory and process solutions. chemical energy in practical operation by injection of gaseous media like oxygen and natural gas, and solid materials like carbon have become ...

We highlight the implications of combining underwriting services and lending for the choice of underwriters and for competition in the underwriting business. We show that cross-selling can increase underwriters’ incentives, and we explain three phenomena: first, that cross-selling is important for universal banks to enter the investment banking business; second, that cross-selling is particular...

In recent years, online retailers (e-tailers) have started allowing manufacturers direct access to their customers while charging a fee for providing this access, a format commonly referred to as agency selling. In this paper, we use a stylized theoretical model to answer a key question that e-tailers are facing: When should they use an agency selling format instead of using the more convention...

Firm scope benefits consumers by allowing them to purchase multiple goods at one location like supercenters, malls, or department stores. This paper quantifies the consumer benefit of introducing one-stop shopping as a new shopping choice, and in turn, estimates the benefit to firms. I exploit an exogenous change in the allowable firm scope in Washington State, which recently deregulated the re...