It is impossible to study elements independently because their availability to crops is interdependent. Nitrogen- and phosphorus-based fertilization decisions are currently a research hotspot. Combining the relationship between higher grain yield and lower environmental impact to achieve higher...

The first essay proposes potential benefits from monitoring as important determinants of institutional block holding, where the measures for monitoring benefits are identified from the information asymmetry problem. Using U.S. data, I find that firms’ agency problems attract large...

This paper examines the sunk cost fallacy as a self-commitment device in mitigating self-control problems and analyzes its implications for contract design. The sunk cost fallacy can lead to over-consumption and escalation of commitment. We show that consumers anticipate the fallacy ex-ante, and...

We examine the role of institutional investors in firms¡¯ innovation strategies. We find that although institutional shareholding is positively related to the likelihood of patenting, it is not related to firms¡¯ exploratory innovation activities. Moreover, the presence of a block...

The recent outbreak of COVID-19 has posed serious threats and challenges to global supply chain operations. To survive the crisis, it is critical to rethink the proper setting of global supply chains and reform many related operational strategies. In this paper, we combine a careful literature...

This study presents a community-based financial literacy program offered to low-income families in the heart of Silicon Valley. Leveraging local financial institutions and organizations, it provided financial education and encouraged habit formation, hoping for lasting outcomes toward financial...