DSpace

Item

Assessing whether Tourist Arrivals are Stationary: Evidence from Taiwan using Sequential Panel Selection Method.

(2014-02-01) 印永翔; Ying, YH.; G. JA Yang; CH Lee

Item

Asymmetric Nonlinear Mean Reversion in Nine Stock Index Futures Markets.

(2012-11-01) 蔡蒔銓

Item

Basing Bloggers’ Power on Readers’ Satisfaction and Loyalty.

(2014-01-01) 王仕茹; Hsu, Chiu-Ping; Heng-Chiang Huan; Jyh-Huei Ger; Shih-Ju Wang

Item

A Bayesian Forecasting Model for Competitive Market Structure.

(2003-04-06) 王仕茹

Item

Be Yourself, Image Is Nothing: Bias Correction when Viewing Messages in Sequence.

(2014-03-04) 蕭中強; Yi-Wen Chiena; Chung-Chiang Hsiaob

Attempts at social influence are frequently encountered in sequence rather than in isolation. We suggest that messages can play a new correction-based role when they prompt message recipients to consider possible biases. The resulting corrections can reduce or even reverse the typical context effects. Two experiments examined advertisements as contexts for activating corrections. In Experiment 1, the context ad contained a tagline highlighting potential endorser bias. In Experiment 2, a sequence of context ads featured the same endorser endorsing different products, subtly prompting the potential for endorser bias. In both studies, research participants corrected for the assimilative effect of the celebrity endorser more when motivation was relatively high rather than low. Implications for the practice of social influence are discussed.

Item

Behavioral Investment Strategy Matters: A Statistical Arbitrage Approach.

(2012-05-27) 蔡蒔銓

Item

Behavioral Investment Strategy Matters: A Statistical Arbitrage Approach.

(2014-12-07) 蔡蒔銓; Sun, David S.; Wei Wang; Shih-Chuan Tsai

In this study, we employ a statistical arbitrage approach to demonstrate that momentum strategies work only in longer formation and holding periods, a result more conclusive than standard parametric tests can offer. Disposition and overconfidence effects are important factors contributing to the phenomenon. The overconfidence effect seems to dominate the disposition effect, especially in an up market. Moreover, the overconfidence investment behavior of institutional investors is the main cause for significant momentum returns observed in an up market. In a down market, the institutional investors tend to adopt a contrarian strategy while the individuals are still maintaining momentum behavior within shorter periods.

Item

Benchmarking wind turbine manufacturers by using a novel FMOP based data envelopment analysis.

(2011-08-25) 陳慧玲

Item

Bias Removal and Judgmental Recalibration on Contrastive Context.

(2010-09-12) 蕭中強

Item

“Capital mobility in East Asian Countries is not so high”: Examining the impact of sterilization on capital flows.

(2013-03-01) 印永翔; Ying Y.; C-M Kuan; C. Tung; Koyin Chang

This paper examines how international capital mobility can be affected by sterilization activities for seven East Asian economies. We develop a model that shows how sterilization measures by a central bank can lead to a reduction in a country's capital mobility. Using data from 1980 to 2006, we then derive sterilization intensities and capital mobility estimates for our countries, and discover that conventional measures overstate the degree of capital mobility due to their failure to adjust for sterilization actions. Our findings are important for policy makers since using our modified estimates will help to better understand the magnitude of capital mobility when central banks exercise sterilization to dampen the effect of capital inflows.