Over the first four trading days of 2018, the Dow Jones industrial average, the Standard & Poor’s 500 and the Nasdaq Composite closed in record territory every day. Each of the bench marks passed some ...
In financial markets, when round numbers become important, it creates an event risk environment Round numbers can’t seem to hold in financial markets; either there is a decisive breakthrough or a big ...
The method used to round numbers in accounting may portray an accurate or inaccurate appraisal of a company's financial condition. The amount of error increases with ...
Robert Breunig receives funding from the Australian Research Council, the Australian Treasury and the Australian Taxation Office. Australia’s tax system is needlessly complex, and that’s making it ...
Round numbers are handy—they’re easy to add, subtract and remember. But they’re not so helpful when it comes to crowdfunding. A new study by researchers Tse-Chun Lin and Vesa Pursiainen found that ...
Consider this scenario: A vaccine for the novel coronavirus has been developed that is 91.27% effective. If public health officials present this information using the specific number, people are ...