This article aims to analyse risk transmission among the financial markets of China and ASEAN-5 in context 2015 Chinese stock market crash. For this purpose, authors test if (1) volatility resulting from crash has positively influenced (2) increased perception led a negative reaction investors, both as markets. The results imply an enhancement asymmetric effect, suggesting that during crash, re...

Despite the identification of crash hotspots as a first step of the roads safety management process, with various effective black spots identification (HSID) methods, only a few researchers have compared the performance of these methods; also it is not clear which test is the most consistent in the black-spots identification. In this research, seven commonly applied HSID methods (accident frequ...

We extend the Pukthuanthong and Roll (2009) measure of integration to provide an estimate of systemic risk within international equity markets. Our measure indicates an increasing likelihood of market crashes. The conditional probability of market crashes increases substantially following increases of our risk measure. High levels of our risk measure indicate the probability of a global crash i...

Motor vehicle crash injuries now the second most costly of all health impairments to Americans are continuing to increase. A range of options is available to substantially, permanently reduce the crash injury toll but in too many cases, these options simply haven't been pursued. An analysis published by the Institute identifies both the cost of the crash injury problem and the altematives avail...

My research on bubbles started with my book “Asymmetric Information: Bubbles, Crashes, Technical Analysis and Herding” (Oxford University Press, 2001). The book surveys and critiques the literature on bubbles and herding in settings in which different investors hold different information. One conclusion of the book is that it is difficult to obtain bubbles in models in which all market particip...

My research on bubbles started with my book “Asymmetric Information: Bubbles, Crashes, Technical Analysis and Herding” (Oxford University Press, 2001). The book surveys and critiques the literature on bubbles and herding in settings in which different investors hold different information. One conclusion of the book is that it is difficult to obtain bubbles in models in which all market particip...

Some ten years ago, somewhat surprisingly to most politicians, gender researchers, and educators, the proportion of women studying IT started to decrease. The decline started several years before the dot.com crisis, which therefore cannot explain it, and it occurred at about the same time in several countries in Western Europe (Valenduc et al., 2004)1. Different interpretations of the decline h...

Bright sunlight may create visual illusions that lead to driver error, including fallible distance judgment from aerial perspective. We tested whether the risk of a life-threatening motor vehicle crash was increased when driving in bright sunlight.This longitudinal, case-only, paired-comparison analysis evaluated patients hospitalized because of a motor vehicle crash between January 1, 1995 and...