The food access/availability environment is an important determinant of health outcomes in metro and non-metro areas. Future research should focus on more refined specifications that capture variability across non-metro settings.

The Net Present Value (NPV) criterion of project evaluation has traditionally been accepted as the theoretically superior capital budgeting technique due to its concordance with the principal of value maximization. Recently, several authors have criticized the application of this criterion in that it understates the true value of an investment by ignoring 1. strategic growth opportunities, 2. the fact that management can discontinue the project before the end of its economic life, 3. the ability of management to delay the investment decision, 4. the arrival of information throughout the life of the project, and 5. management's option to temporarily “shut down” the production process. Through these omissions, it has been asserted that the use of net present value criteria has undermined the levels of real investment in this country, and stunted economic growth.

No abstract

The short-term market timing accuracy of two commonly used technical indicators, the advanceldecline ratio and the short-term trading index, are investigated. The results show that statistically, the indicators are useful in forecasting the stock market one day forward. However, closer examination reveals that the statistical association between the indicators and the stock market returns results from information arrival during non-trading hours. This information is completely impounded into the market returns by the opening of trading, thus making it impossible to form effective trading rules. 096C3107 0 1995 Chapman & Hall

No abstract