Journal of Derivatives and Quantitative Studies: 선물연구: Volume 28 Issue 3 , Open Access

Contagion between liquid and illiquid assets during the financial crisis: evidence from the US credit derivative market

Jungmu Kim, Yuen Jung Park

This study aims to investigate the existence of contagion between liquid and illiquid assets in the credit default swap (CDS) market around the recent financial crisis. The…

Information asymmetry, time until deal completion and post-M&A performance

Ephraim Kwashie Thompson, Changki Kim

This paper aims to show that information asymmetry plays a vital role in the post-M&A performance-time until deal completion nexus. The findings are that the due diligence…

An option embedded novel military service system based on cognitive bias theories

Hyoung-Goo Kang, Byungsuk Han

The purpose of this study is to hypothesize that cognitive biases such as nostalgia, rosy retrospection, overconfidence, fading-affect bias and prospect theory affect how to serve…

The necessity to activate long-term ETD in Korea

Hyoseob Lee

This paper aims to provide the necessity to activate long-term exchange-traded derivatives (ETD) in Korea. In the era of aging, low interest rates and low economic growth, the…