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The purpose of this paper is to investigate and compare the impact of order imbalance on returns, liquidity and price volatility in agricultural futures markets on an intraday basis. The authors examine whether order imbalance is more powerful to explain variations in asset prices compared to other indicators of trading activity, particularly trading volume.

Using Chicago Mercantile Exchange best bid best offer data, the impact of order imbalance is analyzed via regression analyses. The analyses are carried out for corn, wheat, soy, live cattle and lean hogs in March 2008 and March 2016.

Results confirm the positive relation between order imbalance and returns as well as between order imbalance and price volatility as suggested by market microstructure models. Order imbalance, however, does not generally outperform trading volume as an explanatory variable.

For some contracts, returns can be predicted using lagged order imbalance. This offers the opportunity to derive profitable trading strategies.

This paper is one of the first attempts to explore the relationship between order imbalance and returns, liquidity and volatility for agricultural commodity futures on an intraday basis, accounting for the increased trading volume and for the high speed at which new information enters the market in an electronic trading environment.

The purpose of this paper is to assess the losses of weather‐related insurance at different regional levels. The possibility of spatial diversification of insurance is explored by estimating the joint occurrence on unfavorable weather conditions in different locations, looking particularly at the tail behavior of the loss distribution.

Joint weather‐related losses are estimated using copulas. Copulas avoid the direct estimation of multivariate distributions but allow for much greater flexibility in modeling the dependence structure of weather risks compared with simple correlation coefficients.

Results indicate that indemnity payments based on temperature as well as on cumulative rainfall show strong stochastic dependence even at a large regional scale. Thus the possibility to reduce risk exposure by increasing the trading area of insurance is limited.

The empirical findings are limited by a rather weak database. In that case the estimation of high‐dimensional copulas leads to large estimation errors.

The paper includes implications for the quantification of systemic weather risk which is important for the rate making of crop insurance and reinsurance.

This paper's results highlight how important the choice of the statistical approach is when modeling the dependence structure of weather risks.

The authors' paper aims to deal with the question whether speculative bubbles are present in agricultural commodity prices.

The authors apply a regime switching regression model to test the hypothesis that agricultural prices contain periodically collapsing bubbles. Using daily futures prices for six agricultural commodities, the authors calculate net convenience yields from which price fundamentals are derived.

The authors discover pronounced deviations between observed prices and their fundamental values. However, they do not find evidence for the presence of periodically and partially collapsing speculative bubbles for five of six commodities. Except for soybeans, the signs and the significance of the estimated coefficients are not entirely in line with the predictions of the theoretical model.

The authors' study adds to the heated discussion on the impact of speculative behavior on agricultural commodity prices. So far, most contributions in the literature either use theoretical arguments for the (non‐) existence of bubbles or apply indirect tests which are plagued by low statistical reliability. In contrast, the authors apply a direct test. They find that the outcome of empirical bubble tests depends on the considered bubble type and on the testing procedure. In view of these ambiguities, definite statements on the presence of speculative bubbles as well as demands for limitations of speculative positions in commodity futures markets should be carefully reconsidered.

The purpose of this paper is to characterise the electrical and mechanical properties of multiwall carbon nanotubes (MWCNTs)-based isotropic conductive adhesives (ICAs). The paper also compares the electrical and mechanical performance of MWCNTs-based ICAs with silver flakes and silver nanoparticles-based ICAs.

The ICAs were formulated with dyglycidyl ether bisphenol A epoxy resin and conductive fillers such as silver flakes, silver nanoparticles and MWCNTs. The four-point probe is used to measure the bulk resistivity of the ICAs.

The results from the study showed that the percolation threshold of the MWCNTs-based ICAs is 1.5 Wt.%. At 3 Wt.%, the drop in bulk resistivity is lower than the conventional ICAs. The addition of silver nanoparticles increased the overall bulk resistivity of the system. The mechanical properties improved with the introduction of carbon nanotubes into the silver flakes–epoxy system.

The results from bulk resistivity and mechanical properties of the MWCNTs could help to formulate MWCNTs-based ICAs with optimum weight fraction.

The paper demonstrates that the addition of MWCNTs to the silver-based ICAs will enhance their mechanical and electrical conductivity. In addition, the optimum weight percentage is also determined, which shows a bulk resistivity value lower along with improved mechanical property with the conventional ICA system.

This paper aims to focus on the evaluation of a polymer concrete as a three-dimensional (3D) printing material. An associated company has developed plastic concrete made from reused unrecyclable plastic waste. Its intended use is as a construction material.

The concrete mix, called PolyBet, composed of polypropylene and glass sand, is printed by the fused deposition modelling process. The process of material and parameter selection is described. The mechanical properties of the filled material were compared to its cast state. Samples were made from castings and two different orientations of 3D-printed parts. Three-point flex tests were carried out, and the area of the break was examined. Computed tomography of the samples was carried out.

The influence of the 3D printing process on the material was evaluated. The mechanical performance of the longitudinal samples was close to the cast state. There was a difference in the failure mode between the states, with cast parts exhibiting a tougher behaviour, with fractures propagating in a stair-like manner. The 3D-printed samples exhibited high degrees of porosity.

The results suggest that the novel material is a good fit for 3D printing, with little to no degradation caused by the process. Layer adhesion was shown to be excellent, with negligible effect on the finished part for the longitudinal orientation. That means, if large-scale testing of buildability is successful, the material is a good fit for additive manufacturing of building components and other large-scale structures.

The climate change crisis is putting pressure on high-polluting companies to reduce greenhouse gas (GHG) emissions, which often requires significant investments. This study aims to propose a framework for companies to reduce their GHG emissions while enhancing their financial performance.

A case study approach examines four South Korean listed companies in high GHG-emission sectors, identifying their GHG reduction activities. Based on the findings, a new framework has been developed and applied to two other companies to test its practicability and effectiveness.

Enhanced corporate governance can align with sustainable goals of mitigating GHG emissions. Direct emissions (Scope 1) can be reduced by improving manufacturing processes, while indirect emissions (Scope 2) can be lowered with increased use of renewable energy. Cost reductions can be achieved through production optimization and using byproducts as inputs for other industries. Revenue growth can be achieved by promoting energy-efficient products, engaging customers in environmental initiatives and recycling materials.

This study introduces a comprehensive and practical framework for companies, particularly those in high-polluting sectors, to develop effective strategies that address climate change while improving financial outcomes. The framework presents a win-win approach for reducing GHG emissions and enhancing financial performance.

The study aims to focus on the preparation of a heterogeneous cation exchange membrane by a three-dimensional (3D) method – fused filament fabrication using a series of nozzles of various diameters (0.4–1.0 mm). Polypropylene random copolymer (PPR) as a polymeric binder was mixed with 50 Wt.% of the selected conventional cation exchange resin, and a filament was prepared using a single screw mini extruder. Then filament was processed by FFF into the membranes with a defined 3D structure.

Electrochemical properties, morphology, mechanical properties and water absorption properties were tested.

Dependence of the tested properties on the used nozzle diameter was found. Both areal and specific resistances increased with increasing nozzle diameter. The same trend was also found for permselectivity. The optimal membrane with permselectivity above 90%, areal resistance of 8 O.cm² and specific resistance of 124 O.cm² was created using a nozzle diameter of 0.4 mm.

Using new materials for 3D print of cation exchange membrane with production without waste. The possibility of producing 3D membranes with a precisely defined structure and using a cheap 3D printing method. New direction of membrane structure formation. 3D-printed heterogeneous cation exchange membranes were prepared, which can compete with commercial membranes produced by conventional technologies. 3D-printed heterogeneous cation exchange membranes were prepared, which can compete with commercial membranes produced by conventional technologies.

The purpose of the present paper is to examine the effects of overconsumption on consumer evaluations of advertised brands. While the determinants and health consequences of overconsumption have received considerable attention, the authors suggest that there are important marketing and advertising implications. Specifically, based on goal theory, the authors examined whether the aversive state of oversatiation is associated with more negative evaluations of advertised brands of the overconsumed product.

In three studies, oversatiation was measured or experimentally induced by having participants drink (too) much mineral water. Subsequently, participants watched advertisement of mineral water brands and control brands. Evaluations of the brands, buying intentions and estimates of future purchases of the advertised brands were measured.

Oversatiation negatively affected evaluations, buying intentions and estimates of future purchases of advertised mineral water brands. Importantly, a state of oversatiation did not affect evaluation of advertised brands not relevant to the overfulfilled goal.

Overconsumption of food and drinks can have detrimental health effects and results in large costs to society. While its health implications have received abundant scientific attention, little attention has been paid to the psychological consequences of the state of being oversatiated. Here, the authors show that the state of oversatiation (which might, for example, be very common during watching television commercials) can lead to particularly negative evaluations of advertised brands. As such, these findings have important marketing implications.

This paper aims to present a requirements analysis for the processing of water-based electrode dispersions in inkjet printing.

A detailed examination of the components and the associated properties of the electrode dispersions has been carried out. The requirements of the printing process and the resulting performance characteristics of the electrode dispersions were analyzed in a top–down approach. The product and process side were compared, and the target specifications of the dispersion components were derived.

Target ranges have been identified for the main component properties, balancing the partly conflicting goals between the product and the process requirements.

The findings are expected to assist with the formulation of electrode dispersions as printing inks.

Little knowledge is available regarding the particular requirements arising from the systematic qualification of aqueous electrode dispersions for inkjet printing. This paper addresses these requirements, covering both product and process specifications.

There are many investigations in design methodologies, but there are also divergences and convergences as there are so many points of view. This study aims to evaluate to corroborate and deepen other researchers’ findings, dissipate divergences and provide directing to future work on the subject from a methodological and convergent perspective.

This study analyzes the previous reviews (about 15 reviews) and based on the consensus and the classifications provided by these authors, a significant sample of research is analyzed in the design for additive manufacturing (DFAM) theme (approximately 80 articles until June of 2017 and approximately 280–300 articles until February of 2019) through descriptive statistics, to corroborate and deepen the findings of other researchers.

Throughout this work, this paper found statistics indicating that the main areas studied are: multiple objective optimizations, execution of the design, general DFAM and DFAM for functional performance. Among the main conclusions: there is a lack of innovation in the products developed with the methodologies, there is a lack of exhaustivity in the methodologies, there are few efforts to include environmental aspects in the methodologies, many of the methods include economic and cost evaluation, but are not very explicit and broad (sustainability evaluation), it is necessary to consider a greater variety of functions, among other conclusions

The novelty in this study is the methodology. It is very objective, comprehensive and quantitative. The starting point is not the case studies nor the qualitative criteria, but the figures and quantities of methodologies. The main contribution of this review article is to guide future work on the subject from a methodological and convergent perspective and this article provides a broad database with articles containing information on many issues to make decisions: design methodology; optimization; processes, selection of parts and materials; cost and product management; mechanical, electrical and thermal properties; health and environmental impact, etc.