This study investigates the daily dynamic relation between returns and institutional and individual trades in the TAIEX futures market. I find that both past individual and institutional buys and sells have no predictive power for index returns; both individual and institutional trading activities are strongly related to their own past trades, and individual open-buy trading is also influenced ...

With the cost of solar and wind technologies having declined, governments are scaling back subsidies guarantees that have historically supported development renewable power. The renewables sector is struggling to stand commercially on its own feet, however: without state support, it often difficult for developers secure project funding. This article examines both this growing challenge energy t...

Abstract Very few parts of the world have legislation that prohibits operation or promotion contract cheating services. This means commercial companies providing such services can formally register and operate in most countries. If a student enters into an agreement with provider, what rights do they to change their mind are risks if choose so? paper examines question through legal, institution...

external effects or opposabilité is a legal subject that some legal authors of france take advantage of which for clarifying the scope of the doctrine of the privity of contract and as a complementary principal. the use of the foresaid term does not go back to a long way and there is still a dispute over its bases. because the doctrine of the privity of contract is adapted from the civil code o...

and Carbon Emission Constraints Xiao-qing Zhang Xi-gang Yuan (1. The School of Statistics Southwestern University of Finance and Economics Chengdu 611130, P.R. China (2. The School of Statistics Southwestern University of Finance and Economics Chengdu 611130, P.R. China) Abstract: In this paper, we discuss the government’s reward and penalty mechanism in the presence of asymmetric information a...

We consider a supply chain consisting of one supplier selling through one retailer who faces a newsvendor problem. There is a positive probability that the retailer is capable of gaining improved demand information through costly forecasting. The supplier would like to induce the retailer to forecast and share that information. Restricting the retailer’s ability to return unsold product would i...

Dual channels have become popular strategies for manufacturers due to the development of innovative selling platforms. Examples in practice also show that the lack of relationship management, such as cooperation and sharing, may cause an unsustainable supply chain performance. However, previous studies on coordination of dual-channel supply chains always focus on the contribution to profits and...