We exploit a novel setting in which the same piece of information affects two sets of firms: one set of firms requires straightforward processing to update prices, while the other set requires more complicated analyses to incorporate the same piece of information into prices. We document substantial return predictability from the set of easy-to-analyze firms to their more complicated peers. Spe...

The article discusses researches performed in the Well Drilling Department of the St. Petersburg Mining University. The directions of development of the department are shown. Special attention in this article is paid to research in the field of developing drilling fluids for drilling wells in various mining and geological conditions. It is shown that the gas-liquid mixtures studied by the depar...

high-precision three-axis attitude control scheme is vitally important to deal with the overactuated spacecraft, as long as the overall performance through rapid response can be in general acquired. due to the fact that the rigid-flexible spacecraft is somehow applicable, in so many academic and real environments, there is a consensus among experts of this field that the new insights in develop...

nowadays, economic load dispatch between generation units with least cost involved is one of the most important issues in utilizing power systems. in this paper, a new method i.e. water cycle algorithm (wca) which is similar to other intelligent algorithm and is based on swarm, is employed in order to solve the economic load dispatch problem between power plants. wca is used to solve complicate...

facing the issues with structural complexity about which stakeholders have different views, has increasingly led to the use of soft systems methodology (ssm) in solving managerial problems. moreover, the flaws of this methodology in the stages of modeling and feasible, desirable changes, have provided the motivation for applying cognitive map (cm) and system dynamics in the ssm modeling. presen...

the character of cosmopolitanism in e-commerce disputes is much more complicated than in normal international transactions. internet environment has created challenges and changes about the governing law of contracts in this space. this cyber space has technical and legal differences in compared with physical environment. in this paper, we intend to answer this question that in dispute arising ...

the problem of observer design for nonlinear systems has got great attention in the recent literature. the nonlinear observer has been a topic of interest in control theory. in this research, a modified robust sliding-mode observer (smo) is designed to accurately estimate the state variables of nonlinear systems in the presence of disturbances and model uncertainties. the observer has a simple ...