We show the cost of trading on negative news relative to positive news increases prior to earnings announcements. Our evidence suggests this asymmetry is due to financial intermediaries’ preference to reduce their exposure to risks associated with the announcements. The asymmetry creates a predictable upward bias in prices that increases pre-announcement and subsequently reverses, which confoun...

In this paper, I shall argue for a form of partiality in semantics. In particular, I shall argue that semantics, narrowly construed as part of our linguistic competence, is only a partial determinant of content. Likewise, semantic theories in linguistics function as partial theories of content. I shall go on to offer an account of where and how this partiality arises, which focuses on how lexic...

The FindStat project provides an online platform for mathematicians, particularly for combinatorialists, to gather information about combinatorial statistics and their relations. As of January 2014, the FindStat database contains 173 statistics on 17 combinatorial collections. The project was initiated by Chris Berg and Christian Stump in 2011 at the Laboratoire de combinatoire et d’informatiqu...

Although software updates are extensively used to enhance software while already being used, their impact on users’ post-adoption beliefs and attitudes has received little attention. Drawing on expectation-confirmation-theory and the IS continuance model, we investigate if and how feature updates affect users’ continuance intentions (CI) and what role initial feature endowment and update size p...

Artyku? ma na celu przybli?enie potencja?u kulturowego Spycimierza oraz wskazanie mo?liwo?ci jego wykorzystania dla rozwoju turystyki. Bior?c pod uwag? zasoby miejscowo?ci zwi?zane z dziedzictwem przyrodniczym, historycznym, zachowanymi i kultywowanymi tradycjami zaanga?owaniem wspólnoty mieszka?ców, autorzy podejmuj? prób? stworzenia produktu turystycznego „Spycimierz ? kwiatowa wie?”, uzupe?n...