One Shots. Five Stand-alone Scenarios (Unknown Armies by John Tynes

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By John Tynes

Continuously placed one shot in da mind! This anthology of situations for Unknown Armies is the pedal - all you gotta do is positioned it to the steel, pop the snatch, and roll! every one state of affairs is a stand-alone event entire with pre-generated characters. anybody of them may be prepped and run on brief detect, excellent for a no-strings-attched evening of gaming, a practice one-off, or an in-store demo. No personality construction, no long prep, no substantial crusade commitments - simply lock, load, and prepare for a visit to Strangeville, U.S.A.

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Difference of means regressions Consistent with Chapter 3b, the standard deviation of monthly returns without dividends is averaged for each year for all carriers. Next, a difference of means regression is employed as follows: ζit = α 1 + α 2Dt + α 3Divit + εt (1) where ζit is the estimated population‘s standard deviation of monthly returns during year t extrapolated from the sample for carrier i, and D is a dummy variable taking the value of 1 during the post-event period and 0 else. The periods tested are regulation, crashes and 9/11.

01 level). Additionally, note that in the presence of crashes and regulation, dividend policy appears to have no explanatory power over stock volatility. Together, all of this suggests that Air Crashes have industry-wide effects on shareholder stock return variability. Table 10. Air Crashes This table shows descriptive statistics on airline crashes. Data are collected from Bosch, Eckard and Singal (1998) and from the National Transportation Safety Board. The crashes of 9/11 and the American Airlines crash in November 2001 are excluded.

The demand for airline services is highly sensitive to safety concerns. Therefore, I hypothesize that there should be a relation between airline crashes and the risk faced by shareholders. 3. Similar to airline crashes, the industry was forced to endure the consequences of the events from 9/11. I suggest that this event created a large amount of uncertainty as to the industries future cash flow stream. However, as time passes from 9/11 and in the absence of future terrorist attacks – particularly those using airliners, this uncertainty should diminish.

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