Packaging plays an important role in the movement and distribution of products along the supply chain by safely ensuring proper product delivery, achieving economies of scale through standardization, and serving as a selling tool. Packaging presents...
Over the past decade, return freight insurance (RFI) and return pickup services (RPSs) have emerged as dominant return service strategies in e-commerce, particularly in China’s competitive online retail market. Despite their prominence, the str...
Although product returns present significant challenges for retailers, the service recovery paradox suggests they can also generate value. When return services are managed effectively, they can offset initial customer dissatisfaction and increase rep...
Currently, major e-commerce platforms are competing to improve their return services, while merchants are suffering from consumers abusing return policies. We developed a dual oligopoly model consisting of two e-commerce platforms, one offering a len...
This study examines the out-of-sample predictability of expected skewness of oil price returns, which serves as a metric for global future risks, as we show statistically through the association with crises of different nature, for stock returns of 1...
10 May 2024
This paper investigates the estimated return rate and optimal order quantity under three cross-border e-commerce return logistics modes: direct mail (from predecessor), in situ destruction (new), and insurance (new). The estimated return rate under e...
The Republic of Serbia is traditionally a country of emigration, especially since the 1960s. As a result of this emigration, return migration has become an increasingly intensive migratory process in the 21st century. This study aims to examine the f...
Background/Objectives: Complex elbow dislocations are rare but severe injuries. Optimal treatment is controversial, and few studies focus on return to sports. The aim of the study is to analyze functional outcomes and return-to-sport and return-to-wo...
There is considerable research on why cats are initially relinquished to shelters, but much less attention has been given to returns, despite the significant implications for shelter capacity and cat welfare. Furthermore, the structure of many databa...
Since China entered the 21st century, a phenomenon of return migrants moving back from urban to rural areas has been noted, especially in central regions such as Hubei Province. Despite its significance, this phenomenon remains inadequately understoo...
This paper examines the relationship between the presence of blockholdings and stock returns and return volatility in the United Arab Emirates. Earlier studies report mixed results for the direction of the relationships across both developed and emer...
Recent event study literature has highlighted abnormal stock returns, particularly in short event windows. A common explanation is the cross-correlation of stock returns that are often enhanced during periods of sharp market movements. This suggests...
We investigate the risk–return trade-off on the US and European stock markets. We investigate the non-linear risk–return trade-off with a special eye to the tails of the stock returns using quantile regressions. We first consider the US stock market...
This study suggests a new measure for a firm’s operating cost flexibility. Flexible firms are less risky and, therefore, require lower stock returns. This analysis of 126,202 firm-year observations from the U.S. cross-section of stock returns f...
This article mainly considers the coexistence of physical sales channels and online sales channels. Online retailers with online sales channels consider whether to provide return policies and whether to provide consumers with return insurance. The re...
This study examines the effect of the COVID-19 pandemic on the relationship between idiosyncratic volatility and expected stock returns. Using daily stock return data in the US market from the Center for Research in Security Prices (CRSP), we estimat...
Since the rural revival, the return of the rural labor force has become a trend. Different ways of returning to the rural labor force contain different policy implications. Based on the data of 8209 households in the China Labor Force Dynamic Survey,...
This study was motivated by the poor performance of the current models used in stock return forecasting and aimed to improve the accuracy of the existing models in forecasting future stock returns. The current literature largely assumes that the resi...
In this study, we investigate the ability of three higher-order risk-neutral return cumulants to predict short maturity (weekly) returns of oil futures. Our data includes weekly West Texas Crude Oil futures options that expire in 7 days (7DTE). Using...
Available evidence indicates that overall levels of feline intake and euthanasia at U.S. shelters have significantly declined in recent decades. Nevertheless, millions of cats, many of them free-roaming, continue to be admitted to shelters each year....
Mutual information between a target variable and a feature subset is extensively used as a feature subset selection criterion. This work contributes to a more thorough understanding of the evolution of the mutual information as a function of the numb...
In the U.S., the geometric return on stocks has been higher than the geometric return on bonds over long periods. We study whether balanced portfolios have a larger geometric return (and expected log return) than stock portfolios when the risk premiu...
Investing into a new product or service is a high-risk, high-return activity. This is best symbolized by the observation that the return over investment distribution of startups is a power law. Introduction of new products or services to the market m...
This paper employs weighted least squares to examine the risk-return relation by applying high-frequency data from four major stock indexes in the US market and finds some evidence in favor of a positive relation between the mean of the excess return...
The paper focuses on the relationship between firms’ characteristics and cross-section returns. The author reviews and critically assesses the most recent contributions in the literature. After comparing the abnormal returns (Alpha) and t stati...
In the traditional human capital framework, education is often considered as an investment, rather than consumption, while consumption is not necessarily precluded. Whether education is an investment is empirically unclear and relatively under-explor...
The successful 2020 launch and 2021 landing of the National Aeronautics and Space Administration’s (NASA) Perseverance Mars rover initiated the first phase of the NASA and European Space Agency (ESA) Mars Sample Return (MSR) campaign. The goal...
Investor sentiment is an important aspect of behavioural finance, which provides explanation of anomalies to the asset’s intrinsic values. Sentiments can easily affect individual investors. Historically, Australia is regarded as rich in resourc...
In positive lightning return strokes, the net momentum transported by the radiation field has the same direction as the momentum associated with electrons, whereas the momentum associated with electrons is in opposite direction to the momentum of rad...
The Mars Sample Return campaign is an endeavor of unprecedented technological complexity and coordination that attempts to answer fundamental questions about the habitability of Mars by returning the first samples of Martian material to Earth for ana...
With the rapid development of e-commerce, Return Freight Insurance (RFI) has emerged as a vital tool for retailers and customers to mitigate the financial burden posed by high return rates in online shopping. This paper investigates the strategic dec...
This study investigates the relationship between stock returns and income inequality in South Africa, a country marked by persistently high levels of income disparities and a sophisticated and structurally unique financial market. Despite the Johanne...
The paper investigates the impact of carbon emissions on stock price returns of European listed firms. This relationship is assessed across all three emissions scopes, as well as using expectations to detect if future emissions impact contemporary re...
The last three decades brought mounting evidence regarding the cross-sectional predictability of country equity returns. The studies not only documented country-level counterparts of well-established stock-level anomalies, such as size, value, or mom...
This study assessed the accounting-based variables and value-based management (VBM) variables that jointly affect firm value and performance. The study applied the causality test and variance decomposition to determine the variability of the variable...
This paper extends the conditional autoregressive range (CARR) model to the multivariate CARR (MCARR) model and further to the two-stage MCARR-return model to model and forecast volatilities, correlations and returns of multiple financial assets. The...
Underlying idiosyncratic and illiquidity risks are suppressed in infrequently reported indexes of house prices and rents. Idiosyncratic risks result from bid–ask spreads for prices and rents. Time series autocovariances generate a distribution of pri...
This paper takes a closer look at customer experience during product return and the customer’s ability to share information about it. The research process included the development of research tools such as questionnaires. Anonymous surveys were...
Traditional asset pricing theory suggests that to compensate for the uncertainty that investors bear, risky assets should generate considerably higher rates of return than the risk-free rate. However, the overnight return anomaly in the Chinese stock...
This review presents a comprehensive examination of recent advancements and findings related to return-temperature reduction in District Heating (DH) systems, with a focus on enhancing overall system efficiency at end-user sites. The review categoriz...
l outsourcing with a return policy is quite commonly adopted in the fashion supply chain. Under the return policy, the supplier as a brand owner may focus on production, and then outsource retailing to the retailer. In the meanwhile, the retailer may...
We analyze return predictability for U.S. sectors based on fundamental, macroeconomic, and technical indicators and analyze whether return predictions improve tactical asset allocation decisions. We study the out-of-sample predictive power of individ...
The number of cats and dogs impounded and euthanized at animal shelters in the USA has declined dramatically in recent decades. The Humane Society of the United States reported that in 1973 an estimated 13.5 million cats and dogs were euthanized nati...
Among the dark sides of contemporary multi-channel retailing are the vast amounts of product returns, especially in the online channel. High product returns not only put pressure on the retailers’ profitability, but also come at high societal a...
A current generation type return stroke model which can take into account the possible modifications of the return stroke properties by the soil conductivity at the strike point of the lightning flash is introduced. The model is also capable of incor...
In many countries, the irrigation return flow focuses only on surface and subsurface flows. In contrast, South Korea adopts a broader approach, defining the stream return flow as encompassing both quick and delayed return flows, which include subsurf...
Financial signaling and stock return synchronicity may not be at crossroads. This paper optimizes the signaling effect of firms’ financial indicators on stock return synchronicity. The ultimate objective is to align firms’ financial signa...
4 November 2022
The existing packed mail-based return mode in ecommerce has a considerable negative impact on the natural environment. In contrast, a package-free return mode accepts unpacked ecommerce returns using return points in-store and is a more eco-friendly...
Academics and research analysts in financial economics frequently use returns on government bonds for their empirical analyses. In the United States, government bonds are also called Treasury bonds. The Federal Reserve publishes the yield-to-maturity...
The analysis of the return probability is one of the most essential and fundamental topics in the study of classical random walks. In this paper, we study the return probability of quantum and correlated random walks in the one-dimensional integer la...
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