Goblin Market

Economic pondering questions of business organization has been involved with markets for merchandise, has assumed that business behavior in every market is explicable as an endeavor to maximize profits there, has understood monopolistic markets as involving the exercise of variable degrees of monopoly power by one or a lot of business enterprises, and has appraised issues of monopoly power within the lightweight…

This paper examines the misconception and the false belief of the investor in the game of roulette under the influence of the two theories of probability under behavioural finance: Gamblers fallacy and Hot hand theory. This paper’s first contribution is to identify and outline the existence of this bias belief previously demonstrated and then further demonstrate the existence of the biasness in an individual mindset in the game of roulette. This paper aims to carry out a study to differentiate…

Barilla is a pasta manufacturing company that enjoyed double-digit growth rates of up to 21% in the 1980s decade but, was faced with economic problems at the onset of the 1990s decade (Hammond, 1994). The root of Barilla's problems is the increased frequency of demand fluctuations and a rigid distribution system. As a result, the heads of the logistics department proposed a change in the distribution process to the "Just-In-Time-Distribution" (JITD). However, the changes in the distribution…

corporation allegedly overstating profits by $1.4 billion. (Aguilera, 2015) In 1996, Scrushy had directed the firm’s accountants and executives which misstated company revenue for the purpose of satisfied shareholders’ expectations and control the market stock price of HealthSouth. The fraudulent practice continued for seven years at HealthSouth. In certain fiscal years, the corporation’s revenue was exaggerated approximately 4700%. (Saux, 2014) This is a large violation of conservatism. The…

also realized that the average return on stocks with high sensitivities to liquidity exceeds that for stocks with low sensitivities in the year 1966 until 1999. According to Pastor, L. & Stambaugh, R. F., they are used stock return to measure the market-wide is a state variable important for asset pricing as…

Andrew Leonard’s “Black Friday: Consumerism Minus Civilization” explains how Black Friday has gone too far in American society. He states that the nation has gone mad with Black Friday and companies know that people are so chaotic that they use the craziness as a tactic to lure customers in. Leonard has found videos and commercials online that are created to be crazy. Although Leonard knows Black Friday has unethical qualities, he does remind the reader that it is a huge day for the U.S economy.…

How to build a Mid-Range Mill deck in Magic the Gathering? Imagine a trading card game that has already existed over 20 years but still has more than 20 million current players. Magic the Gathering (MTG) is first published in 1993, and the most common way to win the game is to take down your opponent’s health from 20 to 0. On the other hand, the goal of a Mill (the action of putting opponent’s library to his/her graveyard) deck is to win the game by making your opponent to draw from an empty…

Christian Bautista Currency Trading Fin 798 Einstein once said that the “definition of insanity is doing things over and over again and expecting different outcomes”. Michael Lewis gives a clear depiction of Albert’s Einstein definition of Insanity in His book Boomerang. Each country portrayed in Boomerang, ignored their red flags of the economic catastrophe which later impacted the world financially. All of the five countries ended in the same disastrous states because a fool and his money…

The job I had accepted assumed directorship of a 50-man comprehensive information technology department with a history of perennially poor management, incoherent staff development, technologies, internal policies and procedures. However, no sooner than concluding the first day on the job, the chief operating officer had apparently gone snooping around my office only to discover an inadvertent disregard for one of their key rules - all desks must be clean before leaving. Had I been informed?…

Engstrom Auto Mirror Plant: Motivating in Good Times and Bad 2.2 Final Project Milestone 1 Overview A dark cloud was hovering over the economy during mid-2007, a small supplier named Engstrom Auto Mirror Plant based out of Indiana found itself grappling for survival in the midst of a serious economic crisis. The fate of 209 employees working for the plant hung in the air. Things went from bad to worse when the plant manager had to lay off 46 employees in a desperate bid to save the plant.…