We construct a gold valuation theory based on viewing gold as a global real store of wealth.
We show that the real price of gold varies inversely to the stock market P/E and thus is a …

We investigate how media attention to large-scale corporate scandals has changed over time,
and how the clustering of different scandals alters media attention to individual scandals. …

We develop a vertical differentiation game-theoretic model that addresses the issue of
designing free software samples (shareware) for attaining follow-on sales. When shareware can …

Manuscript Type: Empirical Research Question/Issue: We examine how various types of
shareholder activists (such as pension funds and large blockholders) impact the relative use of …

We investigate the differences in the holdings of institutional investors relative to individual
investors during an eight-month period between March and November 2000, where the …

We find that the long‐term equity premium is consistent with both GDP growth and portfolio
insurance. We use a supply‐side growth model and demonstrate that the arithmetic average …

Stock market valuation and Treasury yield determination are consistent with the Fisher
effect (1896) as generalized by Darby (1975) and Feldstein (1976) . The US stock market (S&P …

Beyond the severe economic impact, another consequence of the 2008 financial crisis is the
worldwide indignation felt toward the finance industry for its direct involvement in creating …

InFocus: This chapter focuses on wine tourism in the Bordeaux region; a region that is well-known
for a wine-making tradition covering the last two millennia. Brief description: We …

Purpose: Wineries face an increasing need to add value to wine tourism experiences. The
goal of this study is to measure the performance of wine tourism business in several wine …