This paper examines the relative liquidity and rate of price discovery on floorbased versus screen-based trading systems in the Japanese Yen, British Pound, and Euro foreign exchange futures markets traded on the Chicago Mercantile Exchange (CME). Intra-day data from January 2, 2003 through March 5, 2004 are used in our analysis. We find that liquidity, measured by bid-ask spreads, is tighter i...

iran has experienced high food prices in recent years. this paper examines the welfare impacts of rising major food groups' prices on iranian urban households using quadratic almost ideal demand system (quaids) approach. the elasticity coefficients derived from quaids are used to estimate compensated variations (cv).the study uses iranian household expenditure and income survey (heis) raw data,...

originated with Gaviola 1 who termed his lifetime instrument a “fluorometer". Clearly the starting point for any fluorescence observation is the light source. Fortunately, we no longer need to rely on sunlight as the principle excitation source for fluorescence. A comprehensive discussion of the development of light sources is beyond the scope of this chapter, but a good index of a wide range o...

Time series measurements of light scattering were made for 2(1/2) months at 20 meters above the bottom in the western North Atlantic. The highest values recorded with the nephelometer exceeded all previous measurements worldwide. Rapid changes indicated a high degree of activity near the sea floor, and some increases may have been related to atmospheric storms.

The prime objective of the study is to identify the long-run and short-run relationship between Indian stock price viz., BSE SENSEX (hereafter named as BSE) and gold price (GOLD) in India. The daily closing price data were collected for the period of ten years ranging from 1st April 2004 to 31st March 2014 with 2490 observations. The study employed two models: Model one us...

1 Regional location factors, with measures of regional accessibility foremost among them, 2 exert a strong influence on urban property markets. While accessibility represents an important 3 regional-scale factor, more local influences such as proximity to urban highway links may 4 also positively or negatively influence the desirability of a location. In this paper, we use a 5 cross-section of ...

Introduction Recent advances in the ability to track and analyze customer traces in electronic commerce have led to a lively debate about the promise of dynamic pricing. On the promise side, online retailers may use the customer’s browsing behavior to learn about aggregate and individual preferences. This type of information would enable online retailers to personalize pricing with coupons and ...