Structuralist and post Keynesian models differ in their assumptions about firms’ investment behavior and pricing/output decisions. This paper compares three benchmark models: Kaleckian, Robinsonian and Kaldorian. We analyze the implications of these models for the steady growth path and the cyclical properties of the economy, and evaluate the consistency of the theoretical predictions with empi...

Herd behavior is argued by many to be present in many markets. Existing models of such behavior have been subjected to two apparently devastating critiques. The continuous investment critique is that in the basic model herds disappear if simple zero-one investment decisions are replaced by the more appealing assumption that investment decisions are continuous. The price critique is that herds d...

This study examines the impacts of debt financing on the firms’ investment decisions by employing the method of the multiple linear regression on the data from 2006-2008 of 60 Chinese real estate listed companies. We obtain three major findings. First, there is a negative relation between debt financing and investment behavior in both firms with low-growth opportunities and high-growth opportun...

I examine the inXuence of the framing of investment portfolios on the risk-taking behavior of individual investors. Investment portfolios can be presented either in aggregated or segregated framing, meaning that either the overall distribution or the single investments of portfolios are displayed. Previous studies have found that simple lottery portfolios are more attractive if their overall di...

This study applied a social exchange perspective to examine three related aspects of work group behavior: individuals' assessment of the personal costs and rewards of group membership, the overall level of emotional investment in a group, and the external evaluation of group performance. Regression analyses of survey data from 28 ongoing student work groups (134 individuals) indicated that perc...

The life-history trade-off between self-maintenance and reproduction posits that investment in one function decreases investment in the other. Manipulating the costs and benefits of functions involved in a trade-off may alter this interaction. Here we ask whether investment in self-maintenance during a stress response alters territorial behavior in wild Dark-eyed Juncos and whether rural and ur...

The global electricity supply from non-hydro renewable energies, such as wind and solar, has being growing at a high rate, and it is expected that this trend persists. In China, Wind power is one of the most mature renewable energy technologies and it is possible to be utilized in large-scale. However, in the long run, the malicious competition will break the rule of the monopoly wind power mar...

This study explores the relationship between qualified foreign institutional investors (QFIIs) and Taiwan’s stock market and evaluates the effect of QFIIs’ investment transactions on Taiwan’s stock market. By taking the date of easing regulatory restrictions on foreigners’ stock investment holdings as a cutoff point, the research uses the highest and lowest 10 stocks of QFII holdings in three i...