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Bid, ask and transaction prices in a specialist market with heterogeneously informed traders

by Lawrence R. Glosten, Paul R. Milgrom - Journal of Financial Economics , 1985
"... The presence of traders with superior information leads to a positive bid-ask spread even when the specialist is risk-neutral and makes zero expected profits. The resulting transaction prices convey information, and the expectation of the average spread squared times volume is bounded by a number th ..."
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The presence of traders with superior information leads to a positive bid-ask spread even when the specialist is risk-neutral and makes zero expected profits. The resulting transaction prices convey information, and the expectation of the average spread squared times volume is bounded by a number

Specialist applications

by unknown authors
"... The TEI is a modular system: you use it to build an encoding scheme appropriate to your needs, by selecting specific modules Each module defines a group of elements and attributes Elements are classified structurally and semantically semantic classes group elements which have similar meanings — elem ..."
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The TEI is a modular system: you use it to build an encoding scheme appropriate to your needs, by selecting specific modules Each module defines a group of elements and attributes Elements are classified structurally and semantically semantic classes group elements which have similar meanings

FOR THE DEGREE OF SPECIALIST IN LIBRARY SERVICE BY

by Etd Collection, Auc Robert, W. Woodruff Library, Rosena Marie Williams, Rosena Marie, Sixth Grade, Rosena Marie Williams, Tab Le, Of Conte Nts , 1981
"... The relationship between television viewing and book selection preferneces of fourth, fifth, and sixth grade students in the East Griffin elementary ..."
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The relationship between television viewing and book selection preferneces of fourth, fifth, and sixth grade students in the East Griffin elementary

Training of Future Specialists- Physics

by Berkimbaev K. M, Kh. A. Yasawi International , 2012
"... Selection and peer review under responsibility of Prof. Dr. Fahrettin Sadıkoglu, Near East University. ..."
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Selection and peer review under responsibility of Prof. Dr. Fahrettin Sadıkoglu, Near East University.

Institutional Ownership and the Selection of Industry Specialist Auditors

by John T. Reisch, Dennis M. O’reilly
"... Abstract. This study provides evidence linking corporate governance mechanisms to the choice of auditor, namely industry specialists. Given that institutional investors are likely to prefer higher quality financial reports to lower quality reports, we theorize that institutional investors will influ ..."
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Abstract. This study provides evidence linking corporate governance mechanisms to the choice of auditor, namely industry specialists. Given that institutional investors are likely to prefer higher quality financial reports to lower quality reports, we theorize that institutional investors

THE DEGREE OF EDUCATION SPECIALIST BY

by Pauline B. Washington, Pauline B. Washington , 1994
"... The purpose of this study was to identify and explore factors (science participation and experience, academic preparation and science achievement, persons, and socio-personal) which influence African American college students' choice of science as a career. Three hypotheses were tested using An ..."
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Analysis of Variance, regression analysis, and Pearson r: Hoj: There are no significant relationships between science career choice influences, (science participation and experience, academic preparation and science achievement, significant others, and socio-personal experiences) and selected demographic

EDUCATION SPECIALIST in Instructional Technology

by Leeza D. Streetman , 2002
"... This intervention examined the effects of general and targeted media center communications on technology-related perceptions and actions of teachers. The participants in this study were ten teachers randomly selected from a middle school and high school that shared a single media center. The results ..."
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This intervention examined the effects of general and targeted media center communications on technology-related perceptions and actions of teachers. The participants in this study were ten teachers randomly selected from a middle school and high school that shared a single media center

Clinical Nurse Specialist

by Lisa A. Gorski, Terese Baldwin Schmidt
"... The infusion of dobutamine in the home for the treatment of congestive heart failure represents a new challenge. The authors present a review of the drug information, a simplified overview of hemodynamic concepts, a drug conversion guide, results of selected dobutamine studies, nursing care plans, n ..."
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The infusion of dobutamine in the home for the treatment of congestive heart failure represents a new challenge. The authors present a review of the drug information, a simplified overview of hemodynamic concepts, a drug conversion guide, results of selected dobutamine studies, nursing care plans

• Clinical Breast examination by specialist

by Cover Story, Ultrasound Mri, Ct Scan, Bone Scan (isotope
"... adverse effects of climate change. WHO selected this theme in recognition that climate change is posing ever growing threats to global public health security. Drought impacts on the most fundamental determinants of health such as food and water Shifting rainfall patterns, increased rates of evaporat ..."
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adverse effects of climate change. WHO selected this theme in recognition that climate change is posing ever growing threats to global public health security. Drought impacts on the most fundamental determinants of health such as food and water Shifting rainfall patterns, increased rates

Pat Starcher, Budget Specialist

by City Of Bellingham
"... for its annual budget for the fiscal year beginning January 1, 2008. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as a financial plan, as an operations guide, and as a communications device. This award is for a p ..."
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period of one year only. We believe our current budget continues to conform to program requirements, and we are submitting it to GFOA to determine its eligibility for another award. On the cover- A selection of photographs submitted for the Essence of Bellingham photography competition, sponsored
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