Actionable trading strategies for trading agents determine the potential of the simulated models in real-life markets. The development of actionable strategies is a non-trivial task, which needs to consider real-life constraints and organizational factors in the market. In this paper, we first analyze such constraints on developing actionable trading strategies. Further we propose an actionable...

We propose that people weight fluent, or easy to process, information more heavily than disfluent information when making judgments. Cue fluency was manipulated independent of objective cue validity in three studies, the findings from which support our hypothesis. In Experiment 1, participants weighted a consumer review more heavily when it was written in a clear font than in a less clear font....

In an attempt to mitigate the conflicts of interest stemming from the interdependence of equity research and investment banking departments of brokerage houses, the European Commission has enacted the Market Abuse Directive (MAD) in 2003. We document that this reform was by and large inadequate and may have triggered counterproductive consequences. In particular, we first demonstrate that confl...

Many firms have introduced internet-based customer self-service applications, such as online payments or brokerage services. Despite high initial signup rates, not all customers actually shift their dealings online. We investigate whether the multi-stage nature of the adoption process (an ‘adoption funnel’) for such technologies can explain this low take-up. We use exogenous variation in events...

In this paper we analyze the interrelatedness of security analysis and market-making activities. Our results indicate that there exists a bidirectional and positive relation between analyst following and the number of market makers. Using detailed data on analyst and dealer affiliations, we also find that dealers are more likely to make markets in stocks that are tracked by analysts who are aff...

The paper investigates the effects of collaboration networks on inventive productivity within an industrial research environment. A distinction is made between two kinds of network structures: structural holes offering information brokerage opportunities to individuals and network closures supporting co-specialization of individuals. Hypotheses regarding the effects of network positions on the ...

Cloud service brokerage has been identified as a key concern for future cloud technology development and research. We compare service brokerage solutions. A range of specific concerns like architecture, programming and quality will be looked at. We apply a 2-pronged classification and comparison framework. We will identify challenges and wider research objectives based on an identification of c...

This research examines the unskilled labor migration using private intermediaries in South Korea. The study also reviews Employment Permit System of Korea this regard. empirical took place with a supplementary trip visiting origin, Bangkok, Thailand. A qualitative method was used predominant part being semi-structured interview Thai undocumented workers Daegu. fills gap existing body by uncover...

OBJECTIVE To examine the effect of capitated transportation brokerage services on Medicaid beneficiaries' access to care and expenditures. DATA SOURCES/STUDY SETTING The study period from 1996 to 1999 corresponds to the period of a natural experiment during which Georgia and Kentucky implemented transportation brokerage services. Effects were estimated for asthmatic children and diabetic adul...