this paper discusses the study of community’s preferences for biodiversity conservation management institution which may motivate them to support conservation efforts in the okwangwo division of the cross river national park, nigeria. the empirical data was generated from personal interviews and factors influencing the respondents’ choice were examined with the aid of multinomial logit mode...

The usual measures of market risk are based on the axiom positive homogeneity while neglecting an important element information—liquidity. To analyze effects this omission, in present study, we define behavior prices and volume via stochastic processes subordinated to time elapsing between two consecutive transactions market. Using simulated data from companies different sizes capitalization le...

creating confidence in the stock market through a secure environment is one of the main achievements of stock markets in the world. in the stock markets of developed countries, there are markets which provide confidence and reduce the risks resulting from the fluctuation of share prices. these markets are called “stock transaction choice markets”. while comparing stock transaction choice contra...

household data are used in this study to assess the transaction costs of obtaining credit from formal and semiformal institutions in rural iran. a survey was employed to gather the data needed to determine the transaction costs that must be borne by the borrower in each step of the credit procurement process. data were collected from a random sample of 459 households, including 272 borrower hou...