Now showing items 1325-1344 of 2013

    • Reconsidering the 1855 Bordeaux Classification of the Medoc and Graves Using Wine Ratings from 1970-2005 

      Thompson, Gary; Mutkoski, Stephen A. (2011-10-01)
      This paper examines ratings of Bordeaux wines from vintages spanning 1970 to 2005. We use ratings from three popular rating sources – Robert Parker (The Wine Advocate), Stephen Tanzer (International Wine Cellar), and Wine ...
    • Recovering Conditional Return Distributions by Regression: Estimation and Applications 

      Liu, Fang (2014-12-01)
      I propose a regression approach to recovering the return distribution of an individual asset conditional on the return of an aggregate index based on their marginal distributions. This approach relies on the identifying ...
    • Recovery of Real Estate Returns for Portfolio Allocation 

      Corgel, John B.; deRoos, Jan A. (1999-05-01)
      Appraisal-based return indexes may not approximate the true real estate return distributions because of understated return volatility. Recovery of returns from reported, appraisal-based returns may be possible by evoking ...
    • Redefining Distressed Opportunities 

      Thypin, Ben Carlos (2010-07-01)
      [Excerpt] As the commercial real estate (CRE) industry embarks on a new year and hopes to put the pain of 2009 behind it, industry players should keep in mind that much of the wreckage left in the wake of the world financial ...
    • Redesigning Check-Processing Operations Using Animated Computer Simulation 

      Verma, Rohit; Gibbs, Gerald D.; Gilgan, Richard J. (2000-01-01)
      This paper describes the steps taken by a major commercial bank in the USA to redesign a critical function within its check-processing operation. Animated simulation models of the current and new process were developed to ...
    • Reflecting on Our Recent Articles 

      Sturman, Michael C. (2005-08-01)
      [Excerpt] In my tenure as editor of the Cornell Hotel and Restaurant Administration Quarterly, I have frequently had readers, writers, and parties associated with our publisher, the School of Hotel Administration, express ...
    • Reflections on Our Recent Subscriber Survey 

      Thompson, Gary (2005-08-01)
      In March 2005, we asked subscribers of the Cornell Quarterly (that is, those for whom we had e-mail addresses) to complete a short survey. At the time I am writing this, we had received 97 completed surveys from the 981 ...
    • Reflections, Thank you, and Goodbye 

      Sturman, Michael C. (2008-11-01)
      [Excerpt] This issue marks the end of my term as editor of the Cornell hotel and Restaurant Administration Quarterly. This transition brings forth mixed emotions. In many ways, I enjoyed my role in shaping the journal, ...
    • Regime Shifts in Asian Equity and Real Estate Markets 

      Kallberg, Jarl G.; Liu, Crocker H.; Pasquariello, Paolo (2002-01-01)
      This paper applies a new statistical technology for identifying regime shifts to analyze recent data on real estate and equity markets in eight developing Far Eastern countries in the 1992–1998 time period. We find that ...
    • Regional Contrasts in Consumers’ Attitudes and Behavior Following the BP Oil Spill 

      Susskind, Alex M.; Bonn, Mark A.; Lawrence, Benjamin; Furr, H. Leslie (2016-02-01)
      In this paper, we examine how consumers’ reactions to the British Petrolium (BP) oil spill and their attitudes about the Gulf of Mexico as a tourism destination differ as a function of the respondents’ geographic location ...
    • REIT Capital Structure Choices: Preparation Matters 

      Pavlov, Andrey; Steiner, Eva; Wachter, Susan (2016-02-29)
      Sun, Titman, and Twite (2015) find that capital structure risks, namely high leverage and a high share of short-term debt, reduced the cumulative total return of US REITs in the 2007-2009 financial crisis. We find that ...
    • REIT Capital Structure: The Value of Getting It Right 

      Steiner, Eva (2017-06-07)
      An analysis of the capital structure of commercial real estate investment trusts finds that the strongest REITs overall tend to employ lower leverage and longer debt maturity, maintain larger proportions of fixed-rate debt, ...
    • REITs: Structure and Performance 

      Boudry, Walter I.; Kallberg, Jarl G. (2014-09-08)
      [Excerpt] REITs are attractive to investors, particularly institutional investors, due to their high dividend payouts and ability to provide more liquidity to the underlying market for direct real estate investment. This ...
    • Relational Listening: Fostering Effective Communication Practices in Diverse Organizational Environments 

      Brownell, Judi (1994-01-01)
      [Excerpt] Interest in managing workforce diversity in the hospitality industry has grown steadily over the past several decades. Women, for example, are entering service industries and moving into managerial positions at ...
    • Relationships and Hybrid Contracts: An Analysis of Contract Choice in Information Technology 

      Kalnins, Arturs; Mayer, Kyle J. (2004-01-01)
      Selecting the type of contract is an important aspect of governing interfirm transactions. The purpose of this article is to examine the use of fixed-fee and time-and-materials (T&M, or cost-plus) contracts and a hybrid ...
    • Relative Risk Premium: A New “Canary” for Hotel Mortgage-Market Distress 

      deRoos, Jan A.; Liu, Crocker; Ukhov, Andrey D. (2014-11-01)
      Lenders’ evaluation of the hotel industry’s prospects can be assessed using a metric called the relative risk premium, which we introduce in this report. Similar to the canary in a coal mine, changes in the relative rates ...
    • Rental Housing in Bogota, Columbia: Challenges and Opportunities for Creating More Multifamily Properties 

      Ruiz, Rafael Vivas (2018-05-04)
      This article examines the rental housing market in Bogotá, Colombia and the challenges in developing multifamily rental properties. A description of the factors that affect the development of this asset class is followed ...
    • Replicating and Extending Our Understanding of How Managers Can Adjust the “Warm Glow Thermostat” 

      Giebelhausen, Michael D.; Chun, HaeEun Helen (2017-05-01)
      This article presents four studies that replicate and extend a recent article examining how guest participation in voluntary green programs (e.g., towel reuse) increases service satisfaction by evoking a “warm glow” response. ...
    • Repositioning a Multifamily Asset 

      Willis, Harrison (2016-06-01)
      Multifamily investments, particularly value-added strategies, have been of keen interest to real estate investors for years now. Successful execution of a multifamily investment offers excellent risk-adjusted returns when ...
    • Representing Employee Requirements in Labor Tour Scheduling 

      Thompson, Gary (1993-07-01)
      In this paper, we use the methodology of simulation to evaluate six approaches for handling employee requirements In an LP-based labour tour scheduling heuristic. We model employee requirements both as minimum acceptable ...