We observe intraday price reversals following large price changes at the opening of the S&P
500 Futures market and the HSI Futures market. We note that the magnitude of subsequent …

Overreaction reported in the equity markets of the United States, Spain, and Brazil is also
observed in the Hong Kong stock market. The “loser” portfolios of the 33 stocks in the Hang …

We extend the overreaction study to interaction of international markets and find that intraday
price reversals exist in Asian index futures markets following extreme movement in US …

In this paper we show that the pricing error of index futures relative to its fair value can be used
to identify investors' overreaction in index futures market. Specifically, when investors are …

Examines the parity relationship between futures and options contracts written on the Hang
Seng Index (HSI) traded on the Hong Kong Futures Exchange (HKFE). Importance of the …

In prior research, the firm's strategies to enter or to leave a market with irreversible costs have
been determined assuming no competition. However, in practice business managers do …

In most urban public transit rail systems, passengers may need to make several interchanges
between different lines to reach their destination. The design of coordinated timetables that …