License Buyback Programs in Commercial Fisheries: An Application to the Shrimp Fishery in the Gulf of Mexico. (May 2009) Aaron T. Mamula, B.A., Oregon State University; M.A, Southern Methodist University Co-Chairs of Advisory Committee: Dr. Richard T. Woodward Dr. Wade L. Griffin This dissertation provides a thorough analysis of the costs associated with, and efficacy of, sequential license buy...

We study an important recent series of buyback auctions conducted by the U.S. Treasury in retiring $67.5 billion of its illiquid off-the-run debt. The Treasury was successful in buying back large amounts of illiquid debt while suffering only a small market-impact cost. The Treasury included the most-illiquid bonds more frequently in the auctions, but tended to buy back the least-illiquid of the...

This paper examines newly-available intra-day data from the interdealer government bond market to investigate the effects of economic-news announcements on prices, trading volume, and bid-ask spreads. The use of this new data set together with data on market expectations allows us to obtain new and different results regarding which announcements are important relative to previous studies. In fa...

The Covid-19 pandemic that occurred in early 2020 attacked the life order of Indonesian people, one which was economic sector. number positive patients with is getting out control requires government to implement Large-Scale Social Restrictions (PSBB) causes a decline level has an impact on capital market continuous stock prices. To avoid even greater decline, issued share buyback regulation th...

T coordination of supply chains by means of contracting mechanisms has been extensively explored theoretically but not tested empirically. We investigate the performance of three commonly studied supply chain contracting mechanisms: the wholesale price contract, the buyback contract, and the revenue-sharing contract. The simplified setting we consider utilizes a two-echelon supply chain in whic...

The Covid-19 pandemic has caused the shares of issuers on Indonesia Stock Exchange to plummet. Since beginning year until second week October, stock index weakened 19.52%. This price decrease is an opportunity for companies buyback their in capital market. policy a repurchase that have been issued by company and owned certain period time maximum 3 years. Buyback form responsibility carried out ...

University bookstores have a complex multi-product, multi-supplier supply chain with complex channel relationships such as product substitution, random yields, reverse logistics and returns, and risk sharing contracts. Supply chain efficiency is important to the bookstore due to low overall profit margin. The used book buyback activity is an example of reverse logistics with random yield with s...

Using the Dow Jones Industrial Average Index record breaking days as a proxy for market wide attention, we show that as the aggregate stock market intensifies investor attention, stock market response to individual firms’ earnings announcements significantly increases. We hypothesize that there are many channels for the attention spill-over effect and document strong supportive evidence of one ...