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JTAER
2008
111views more  JTAER 2008»
13 years 4 months ago
The Impact of Radio Frequency Identification (RFID) Investment Announcements on the Market Value of the Firm
This paper examines the impact of RFID investment announcements on the market value of the firms and explores industry effects of the positive abnormal returns to firms making the...
Bong-Keun Jeong, Ying Lu
CI
2007
130views more  CI 2007»
13 years 4 months ago
Price Dynamics, Informational Efficiency, and Wealth Distribution in Continuous Double-Auction Markets
This paper studies the properties of the continuous double auction trading mechanishm using an artificial market populated by heterogeneous computational agents. In particular, we...
Javier Gil-Bazo, David Moreno, Mikel Tapia
HICSS
2005
IEEE
133views Biometrics» more  HICSS 2005»
13 years 10 months ago
Identifying Facilitators and Inhibitors of Market Structure Change: A Hybrid Theory of Unbiased Electronic Markets
The electronic markets hypothesis (EMH) in the information systems (IS) literature suggests that information technology (IT) will reduce coordination costs across firms, leading t...
Nelson F. Granados, Alok Gupta, Robert J. Kauffman
HICSS
2002
IEEE
136views Biometrics» more  HICSS 2002»
13 years 10 months ago
The Value Relevance of Information Technology Investment Announcements: Incorporating Industry Strategic IT Role
: This research note both confirms and extends the value relevance of information technology announcements found by Im et al (2001) and Dos Santos et al. (1993). We extend their wo...
Vernon J. Richardson, Robert W. Zmud
AMC
2005
143views more  AMC 2005»
13 years 4 months ago
Investment with restricted stock and the value of information
In most public companies in China, there are two thirds of shares that cannot be traded freely in the secondary market. These illiquid shares, however, may be allowed to circulate...
Weixing Wu, Yongxiang Wang