Jeffrey Jarrett - Academia.edu (original) (raw)
Papers by Jeffrey Jarrett
Does the rate of return from the Chinese real estate industry correlate with the intensity of com... more Does the rate of return from the Chinese real estate industry correlate with the intensity of competition among real estate firms? If China’s equity market performs efficiently, the rates of return of real estate firms should vary indirectly with their level of monopoly power. Greater monopoly power reduces earnings risk and leads to lower costs of capital. We analyze empirical evidence and indicate no relationship exists between returns and competition. Speculation may induce stock prices to deviate from normal values. Since normal values assume no speculation, Chinese markets are not likely to be economically efficient
We examine a common problem is biological analytics and surveillance in health care. These method... more We examine a common problem is biological analytics and surveillance in health care. These methods can improve greatly the process of monitoring health data to assess changes in the likelihood of Pandemics and disease incidence in a world where medical knowledge is still largely in an embryonic period. Based on an illustration, we suggest that multivariate exponential moving-average (MEWMA) control charts are suitable in many cases where detection and inspection of several or more variables over a lengthy period of testing provide for the best analysis of data leading to pre-diagnostic and diagnostic therapy. Though these methods came from the control of quality and continuous improvement in lean manufacturing and service operations, these methods are useful if not a vital application in the analysis of health care and therapeutic data. The indications from this study corroborate earlier findings by others that MEWMA methods fit the diagnostic activity under study. Unfortunately Pa...
The Journal of Internet Banking and Commerce, 2015
The purpose is to note the likelihood of continued growth of internet banking and commerce as ind... more The purpose is to note the likelihood of continued growth of internet banking and commerce as individual consumers purchase more and more products to access the internet and complete both financial and consumer transactions. The growth is commercial and banking services on-line will grow as long as the hardware producers innovate with new faster and easy to use products. The pitfalls include attacks by savage interventionists who attempt to steal information and prevent end-users from employing the internet for purposes with good intentions. A challenge is made to software and hardware producers to use modern methods and techniques to predict where problems exist in internet banking and commerce. Serious solutions are necessary.
Management Research Review, 2010
... Rothlein, CJ, Jarrett, JE (2002), "Seasonality in prices of Japanese common stock",... more ... Rothlein, CJ, Jarrett, JE (2002), "Seasonality in prices of Japanese common stock", International Journal of Business and Economics, Vol. 1 pp.21-31. ... Skidelsky, LR (1992), John Maynard Keynes, Macmillan Publishers, New York, NY, . ...
Valuing Intellectual Property (IPR) and similar assets brought upon accounting practice and econo... more Valuing Intellectual Property (IPR) and similar assets brought upon accounting practice and economic analysis severe problems in evaluating business decisions and management science of intangible business assets. At no time has the principles of accounting and accounting research determined rules, methods and principles without error in this risky analysis. Proposed here based on evidence methods based on estimation in accounting provided for better methods valuing intellectual property and other intangibles on financial statements. A rich history in such methods is the subject here.
We encourage the growth of operations research/ management science theory and methods in the fiel... more We encourage the growth of operations research/ management science theory and methods in the field included in health and medical care for the purpose of continuously improving processes included in this field. By focusing on the growth on data analytics, statistics, applied mathematics, computer methods including machine learning of artificial intelligence, the future of health cared methods will change in a positive manner. The development of computerized methods to and the growth of data systems produced ample materials for artificial intelligence to develop and to bring physician assistance programs to enable better, quicker and more analytical programs to better health and medical care. This includes applications in intensive care as well as diagnostic therapies. We focus on examples in the use of the promising developments in the quality and continuous improvement in process control where there are great possibilities of change in both medical applications as well as improve t...
International Journal of Accounting and Financial Reporting, 2018
The abandonment option under various capital budgeting models are discussed in this manuscript to... more The abandonment option under various capital budgeting models are discussed in this manuscript to bring forth the notion that present value of cash flows is often improperly estimated in the financial models utilized in the decision analytic process. In this study, Intellectual Property Rights and other intangible assets often are not considered in accounting estimation processes utilized in financial accounting. A decision maker often utilizes misestimates of the present value of cash flow resulting in less than optimum capital budgeting decisions. Decisions to abandon for salvage and other similar decisions improve when the present value of intangibles and property rights are included in the decision process. This last statement is the goal of this study and to present well founded processes to improve abandonment and similar decisions in capital budgeting decisions. The estimation problem in financial accounting is included in the analysis to accomplish this goal.
Journal of Economics & Management Research, 2021
The abandonment option under various capital budgeting models are discussed in this manuscript to... more The abandonment option under various capital budgeting models are discussed in this manuscript to bring forth the notion that present value of cash flows is often improperly estimated in the financial models utilized in the decision analytic process. In this study, intellectual property rights and other intangible assets often are often not considered in accounting estimation processes utilized in financial accounting. A decision maker often utilizes misestimates of the present value of cash flow resulting in less-than-optimum capital budgeting decisions. Decisions to abandon for salvage and other similar decisions improve when the present value of intangibles and property rights are included in the decision process. This last statement is the goal of this study as well as to present well-founded processes to improve abandonment and similar decisions in capital budgeting decisions. The estimation problem in financial accounting is included in the analysis to accomplish this goal. In...
Journal of Business & Financial Affairs, 2017
International Journal of Business and Management, 2019
Purpose: This paper shows how to evaluate and analyze the service quality for airline business an... more Purpose: This paper shows how to evaluate and analyze the service quality for airline business and provide feasible suggestions to improve the service. The purpose is to illustrate how the two quality improvement methods, SERVQUAL and QFD, can be combined and used to improve the service quality for service companies such as airlines. Design/Methodology/Approach: The data were obtained by the way of interviewing the customers who have experienced the service offered by Air Macau, with tool of SERVQUAL. Comparing the perceived scores of Air Macau to the customers’ expected value as well as to its competitors, we finally believe that the shortest board of service quality is the “responsiveness” among its five dimensions. Quality function deployment is then used to translate customers’ actual requirements into practical service measures to further improvement. Findings: It is more effective if SERVQUAL is combined with QFD in evaluating firm's quality and quality improvement. Resear...
International Journal of Business and Data Analytics, 2019
Journal of Entrepreneurship & Organization Management, 2016
We observe the development of an internet banking institution and learn that such an institution ... more We observe the development of an internet banking institution and learn that such an institution can fall into many pits on its growth and development. The same is true for its client as they utile internet banking as a loan client, depositor or any other service provided by the internet banking process. By observing the benefits of learning quality control and continuous improvement as practiced in industrial experimentation, one can avoid many of the pitfalls associated the management of an internet banking process as well as being a consumer participant in the system. We note the difficulties with which new computer users and internet banking entails is less technological actions. Computer software developers must also use these quality control and improvement practices in the development of software in this internet banking process to facilitate with an error free result the consequences of the transactions made in the on-line process. Software should be easy to learn and the likelihood of errors be kept to a minimum in a manner similar to operations in rocket science where the consequences of failure are thought to be close to zero.
Journal of Business & Financial Affairs, 2016
Intellectual Property Rights: Open Access, 2016
Technometrics, 2008
This book presents a series of intellectual discussions concerning some of the most basic topics ... more This book presents a series of intellectual discussions concerning some of the most basic topics in statistics, including interpreting probability and statistical models of induction, including the concepts of inference, p values, and the comparison of evidential theories. The book is a well-researched and thoroughly professional approach to the various dilemmas faced by statisticians in interpreting data. The author’s knowledge of the literature as it pertains to the various issues discussed in the book is excellent and reminds me of much of the literature I read and studied during my lengthy and varied education in statistics and the practice of statistical science. Furthermore, he provides for teachers of statistics a lengthy list of quotes from many great statisticians on subjects of interest to students of statistics, including Deming, Shewhart, and others, all the way to deFinetti and other Bayesians. The wealth of knowledge present in this 152-page book is remarkable; the book is a worthy of addition to any library of statistical literature. Important questions as to why this book was written, what is its purpose and how does a practicing statistician use the knowledge therein (e.g., “what is the purpose of the nature of statistical evidence?”) is left to the reader to answer for himself or herself. The underlying theme of the book is never stated by the author in a simple, clear-cut manner. Does one use the knowledge of the text to make one a better statistician or a better teacher of statistics, or simply to understand the logic of statistical science in a way that is meaningful to all? As I read the book intensively, I asked myself whether this book is good for teaching others or is simply an intellectual exercise for some. What does the author have in mind when he discusses such common and useful concepts as p values or true value? Does he contribute to the understanding of these concepts, or does he make them more difficult to comprehend? Furthermore, he translates at least one German word, iterationen, incorrectly. The German ending-en indicates that the word is plural and is translated as iterations or runs. This simple error makes one think that there are many places in the text, especially some of the mathematics, which also may be in error. Early in the book, the author attempts to determine some definition of statistical evidence (last paragraph on p. 3). But after reading the paragraph and the extensive discussion of the entire text, one cannot be sure what one has read. When teaching statistics at the college level, I try to keep the ideas as simple as possible without relying on an overwhelming exercise in sophistication as the goal. The author seems to define concepts, redefine concepts, and then define the same concepts yet again, with the end result being imperfect and probably misunderstood. Much of the ideas expressed and discussed in the book appear in a manner that is exasperating to comprehend. As an analogy, reading this book is like entering a room to learn something new but in the end leaving the room with no more knowledge and understanding than when one entered. There is simply too much confusion resulting from lengthy discussions of relatively simple concepts. Because the book is part of a series titled “Lecture Notes in Statistics,” I can only deduce that it is nothing more than a series of lecture notes. There is no flow to the book and little thought given to presenting the details in a style that would induce one to want to read it. When I was young, I would hear that many statisticians were very wise and intelligent persons who should be listened to and understood but presented their knowledge in a direct and understandable way. I fear that this book is full of confusing discussions of very important issues. I would like to see this material rewritten in a manner that we as readers would not have to work so hard to understand the aims of the author. Although the author produces and quotes the works of many great thinkers, he does not bring out their points in a style that is easy for the reader to follow. Often, he places difficult mathematical theorems and proofs in the midst of lengthy paragraphs not needing such mathematical sophistication. When I started reading this book, I expected a thoughtful text introducing the reader to the origins of statistics as a science and methodology. The book did not do this, nor did it present the numerous wonderful applications of statistics to the collection, analysis, and interpretation of data that illuminate our knowledge of the world. Where are the examples in quality control, experimentation, and the like that the author eludes to and how does statistics provide the foundation for us to understand our world? When I finished the book, I felt that the author had failed to communicate to the reader why statistics is so important; instead, he clarifies less than he confuses.
Journal of Asia-Pacific Business, 2009
Previously, researchers created a day-of-the-week anomaly in closing stock returns for firms list... more Previously, researchers created a day-of-the-week anomaly in closing stock returns for firms listed on established financial markets. This article explores whether this line of argument is or is not satisfactory and does or does not aid in predicting daily stock returns. The article focuses on the performance of stock returns for two large Asian Stock Market exchanges, Taiwan and Thailand.
Decision Sciences, 1990
... 888 Page 2. 19901 Jarrett 889 In a pilot study, Brandon, Jarrett, and Khumuwala [ll] studied ... more ... 888 Page 2. 19901 Jarrett 889 In a pilot study, Brandon, Jarrett, and Khumuwala [ll] studied a sample of 12 firms. Specific BJ models were identified for each of these firms together with parameter estimates for the Foster, Watts-Griffin, and Brown-Rozeff models. ...
The Coleopterists Bulletin, 2001
... 1929 (G. Stace-Smith) [UBC]; Creston, 17.III.1946, 1.VI.1947, 29.VII.1948 (G. Stace-Smith) [U... more ... 1929 (G. Stace-Smith) [UBC]; Creston, 17.III.1946, 1.VI.1947, 29.VII.1948 (G. Stace-Smith) [UBC];Heffley Lake, 3.IX.1932 (G. Stace-Smith) [UBC]; Manning Park, Allison Pass, 27.VIII.1961 (GGE Scudder) [UBC]; Nation River, Rainbow Creek, 29.VI.1940 (GB Rich) [UBC]; Rykert ...
Does the rate of return from the Chinese real estate industry correlate with the intensity of com... more Does the rate of return from the Chinese real estate industry correlate with the intensity of competition among real estate firms? If China’s equity market performs efficiently, the rates of return of real estate firms should vary indirectly with their level of monopoly power. Greater monopoly power reduces earnings risk and leads to lower costs of capital. We analyze empirical evidence and indicate no relationship exists between returns and competition. Speculation may induce stock prices to deviate from normal values. Since normal values assume no speculation, Chinese markets are not likely to be economically efficient
We examine a common problem is biological analytics and surveillance in health care. These method... more We examine a common problem is biological analytics and surveillance in health care. These methods can improve greatly the process of monitoring health data to assess changes in the likelihood of Pandemics and disease incidence in a world where medical knowledge is still largely in an embryonic period. Based on an illustration, we suggest that multivariate exponential moving-average (MEWMA) control charts are suitable in many cases where detection and inspection of several or more variables over a lengthy period of testing provide for the best analysis of data leading to pre-diagnostic and diagnostic therapy. Though these methods came from the control of quality and continuous improvement in lean manufacturing and service operations, these methods are useful if not a vital application in the analysis of health care and therapeutic data. The indications from this study corroborate earlier findings by others that MEWMA methods fit the diagnostic activity under study. Unfortunately Pa...
The Journal of Internet Banking and Commerce, 2015
The purpose is to note the likelihood of continued growth of internet banking and commerce as ind... more The purpose is to note the likelihood of continued growth of internet banking and commerce as individual consumers purchase more and more products to access the internet and complete both financial and consumer transactions. The growth is commercial and banking services on-line will grow as long as the hardware producers innovate with new faster and easy to use products. The pitfalls include attacks by savage interventionists who attempt to steal information and prevent end-users from employing the internet for purposes with good intentions. A challenge is made to software and hardware producers to use modern methods and techniques to predict where problems exist in internet banking and commerce. Serious solutions are necessary.
Management Research Review, 2010
... Rothlein, CJ, Jarrett, JE (2002), "Seasonality in prices of Japanese common stock",... more ... Rothlein, CJ, Jarrett, JE (2002), "Seasonality in prices of Japanese common stock", International Journal of Business and Economics, Vol. 1 pp.21-31. ... Skidelsky, LR (1992), John Maynard Keynes, Macmillan Publishers, New York, NY, . ...
Valuing Intellectual Property (IPR) and similar assets brought upon accounting practice and econo... more Valuing Intellectual Property (IPR) and similar assets brought upon accounting practice and economic analysis severe problems in evaluating business decisions and management science of intangible business assets. At no time has the principles of accounting and accounting research determined rules, methods and principles without error in this risky analysis. Proposed here based on evidence methods based on estimation in accounting provided for better methods valuing intellectual property and other intangibles on financial statements. A rich history in such methods is the subject here.
We encourage the growth of operations research/ management science theory and methods in the fiel... more We encourage the growth of operations research/ management science theory and methods in the field included in health and medical care for the purpose of continuously improving processes included in this field. By focusing on the growth on data analytics, statistics, applied mathematics, computer methods including machine learning of artificial intelligence, the future of health cared methods will change in a positive manner. The development of computerized methods to and the growth of data systems produced ample materials for artificial intelligence to develop and to bring physician assistance programs to enable better, quicker and more analytical programs to better health and medical care. This includes applications in intensive care as well as diagnostic therapies. We focus on examples in the use of the promising developments in the quality and continuous improvement in process control where there are great possibilities of change in both medical applications as well as improve t...
International Journal of Accounting and Financial Reporting, 2018
The abandonment option under various capital budgeting models are discussed in this manuscript to... more The abandonment option under various capital budgeting models are discussed in this manuscript to bring forth the notion that present value of cash flows is often improperly estimated in the financial models utilized in the decision analytic process. In this study, Intellectual Property Rights and other intangible assets often are not considered in accounting estimation processes utilized in financial accounting. A decision maker often utilizes misestimates of the present value of cash flow resulting in less than optimum capital budgeting decisions. Decisions to abandon for salvage and other similar decisions improve when the present value of intangibles and property rights are included in the decision process. This last statement is the goal of this study and to present well founded processes to improve abandonment and similar decisions in capital budgeting decisions. The estimation problem in financial accounting is included in the analysis to accomplish this goal.
Journal of Economics & Management Research, 2021
The abandonment option under various capital budgeting models are discussed in this manuscript to... more The abandonment option under various capital budgeting models are discussed in this manuscript to bring forth the notion that present value of cash flows is often improperly estimated in the financial models utilized in the decision analytic process. In this study, intellectual property rights and other intangible assets often are often not considered in accounting estimation processes utilized in financial accounting. A decision maker often utilizes misestimates of the present value of cash flow resulting in less-than-optimum capital budgeting decisions. Decisions to abandon for salvage and other similar decisions improve when the present value of intangibles and property rights are included in the decision process. This last statement is the goal of this study as well as to present well-founded processes to improve abandonment and similar decisions in capital budgeting decisions. The estimation problem in financial accounting is included in the analysis to accomplish this goal. In...
Journal of Business & Financial Affairs, 2017
International Journal of Business and Management, 2019
Purpose: This paper shows how to evaluate and analyze the service quality for airline business an... more Purpose: This paper shows how to evaluate and analyze the service quality for airline business and provide feasible suggestions to improve the service. The purpose is to illustrate how the two quality improvement methods, SERVQUAL and QFD, can be combined and used to improve the service quality for service companies such as airlines. Design/Methodology/Approach: The data were obtained by the way of interviewing the customers who have experienced the service offered by Air Macau, with tool of SERVQUAL. Comparing the perceived scores of Air Macau to the customers’ expected value as well as to its competitors, we finally believe that the shortest board of service quality is the “responsiveness” among its five dimensions. Quality function deployment is then used to translate customers’ actual requirements into practical service measures to further improvement. Findings: It is more effective if SERVQUAL is combined with QFD in evaluating firm's quality and quality improvement. Resear...
International Journal of Business and Data Analytics, 2019
Journal of Entrepreneurship & Organization Management, 2016
We observe the development of an internet banking institution and learn that such an institution ... more We observe the development of an internet banking institution and learn that such an institution can fall into many pits on its growth and development. The same is true for its client as they utile internet banking as a loan client, depositor or any other service provided by the internet banking process. By observing the benefits of learning quality control and continuous improvement as practiced in industrial experimentation, one can avoid many of the pitfalls associated the management of an internet banking process as well as being a consumer participant in the system. We note the difficulties with which new computer users and internet banking entails is less technological actions. Computer software developers must also use these quality control and improvement practices in the development of software in this internet banking process to facilitate with an error free result the consequences of the transactions made in the on-line process. Software should be easy to learn and the likelihood of errors be kept to a minimum in a manner similar to operations in rocket science where the consequences of failure are thought to be close to zero.
Journal of Business & Financial Affairs, 2016
Intellectual Property Rights: Open Access, 2016
Technometrics, 2008
This book presents a series of intellectual discussions concerning some of the most basic topics ... more This book presents a series of intellectual discussions concerning some of the most basic topics in statistics, including interpreting probability and statistical models of induction, including the concepts of inference, p values, and the comparison of evidential theories. The book is a well-researched and thoroughly professional approach to the various dilemmas faced by statisticians in interpreting data. The author’s knowledge of the literature as it pertains to the various issues discussed in the book is excellent and reminds me of much of the literature I read and studied during my lengthy and varied education in statistics and the practice of statistical science. Furthermore, he provides for teachers of statistics a lengthy list of quotes from many great statisticians on subjects of interest to students of statistics, including Deming, Shewhart, and others, all the way to deFinetti and other Bayesians. The wealth of knowledge present in this 152-page book is remarkable; the book is a worthy of addition to any library of statistical literature. Important questions as to why this book was written, what is its purpose and how does a practicing statistician use the knowledge therein (e.g., “what is the purpose of the nature of statistical evidence?”) is left to the reader to answer for himself or herself. The underlying theme of the book is never stated by the author in a simple, clear-cut manner. Does one use the knowledge of the text to make one a better statistician or a better teacher of statistics, or simply to understand the logic of statistical science in a way that is meaningful to all? As I read the book intensively, I asked myself whether this book is good for teaching others or is simply an intellectual exercise for some. What does the author have in mind when he discusses such common and useful concepts as p values or true value? Does he contribute to the understanding of these concepts, or does he make them more difficult to comprehend? Furthermore, he translates at least one German word, iterationen, incorrectly. The German ending-en indicates that the word is plural and is translated as iterations or runs. This simple error makes one think that there are many places in the text, especially some of the mathematics, which also may be in error. Early in the book, the author attempts to determine some definition of statistical evidence (last paragraph on p. 3). But after reading the paragraph and the extensive discussion of the entire text, one cannot be sure what one has read. When teaching statistics at the college level, I try to keep the ideas as simple as possible without relying on an overwhelming exercise in sophistication as the goal. The author seems to define concepts, redefine concepts, and then define the same concepts yet again, with the end result being imperfect and probably misunderstood. Much of the ideas expressed and discussed in the book appear in a manner that is exasperating to comprehend. As an analogy, reading this book is like entering a room to learn something new but in the end leaving the room with no more knowledge and understanding than when one entered. There is simply too much confusion resulting from lengthy discussions of relatively simple concepts. Because the book is part of a series titled “Lecture Notes in Statistics,” I can only deduce that it is nothing more than a series of lecture notes. There is no flow to the book and little thought given to presenting the details in a style that would induce one to want to read it. When I was young, I would hear that many statisticians were very wise and intelligent persons who should be listened to and understood but presented their knowledge in a direct and understandable way. I fear that this book is full of confusing discussions of very important issues. I would like to see this material rewritten in a manner that we as readers would not have to work so hard to understand the aims of the author. Although the author produces and quotes the works of many great thinkers, he does not bring out their points in a style that is easy for the reader to follow. Often, he places difficult mathematical theorems and proofs in the midst of lengthy paragraphs not needing such mathematical sophistication. When I started reading this book, I expected a thoughtful text introducing the reader to the origins of statistics as a science and methodology. The book did not do this, nor did it present the numerous wonderful applications of statistics to the collection, analysis, and interpretation of data that illuminate our knowledge of the world. Where are the examples in quality control, experimentation, and the like that the author eludes to and how does statistics provide the foundation for us to understand our world? When I finished the book, I felt that the author had failed to communicate to the reader why statistics is so important; instead, he clarifies less than he confuses.
Journal of Asia-Pacific Business, 2009
Previously, researchers created a day-of-the-week anomaly in closing stock returns for firms list... more Previously, researchers created a day-of-the-week anomaly in closing stock returns for firms listed on established financial markets. This article explores whether this line of argument is or is not satisfactory and does or does not aid in predicting daily stock returns. The article focuses on the performance of stock returns for two large Asian Stock Market exchanges, Taiwan and Thailand.
Decision Sciences, 1990
... 888 Page 2. 19901 Jarrett 889 In a pilot study, Brandon, Jarrett, and Khumuwala [ll] studied ... more ... 888 Page 2. 19901 Jarrett 889 In a pilot study, Brandon, Jarrett, and Khumuwala [ll] studied a sample of 12 firms. Specific BJ models were identified for each of these firms together with parameter estimates for the Foster, Watts-Griffin, and Brown-Rozeff models. ...
The Coleopterists Bulletin, 2001
... 1929 (G. Stace-Smith) [UBC]; Creston, 17.III.1946, 1.VI.1947, 29.VII.1948 (G. Stace-Smith) [U... more ... 1929 (G. Stace-Smith) [UBC]; Creston, 17.III.1946, 1.VI.1947, 29.VII.1948 (G. Stace-Smith) [UBC];Heffley Lake, 3.IX.1932 (G. Stace-Smith) [UBC]; Manning Park, Allison Pass, 27.VIII.1961 (GGE Scudder) [UBC]; Nation River, Rainbow Creek, 29.VI.1940 (GB Rich) [UBC]; Rykert ...