This paper examines the effects of Georgia's merit-based HOPE Scholarship on college enrollment. Introduced in 1993 …, the HOPE Scholarship covers tuition, fees, and book expenses for students attending Georgia public colleges, and provides … HOPE as a natural experiment, we contrast college enrollment in Georgia with those in the other member states of the …

, and makes precise the notion of balance sheet vulnerability. It also sheds some light on the role of asset prices in …

Many existing measures of vulnerability lack a theoretical basis. In this paper we propose to measure vulnerability … strongly on the time horizon considered. We use the model to assess the accuracy of existing regression-based vulnerability …

Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model … to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the … household consumed permanently at the poverty line. The results indicate that vulnerability is very sensitive to the time …

situations requiring trust and trustworthiness. As a control we compare the behavior of CEOs with the behavior of students. We …. However, the availability of penalizing incentives also creates hidden returns: if a principal expresses trust by voluntarily … threat is not available. Thus trust seems to reinforce trustworthy behavior. Overall, trustworthiness is highest if the …

-person trust game. Players are typed based on their recent track record as whether or not they are trusting (Players 1) and whether …

THE DEVELOPMENT SOCIAL RELATIONSHIP IN OUR TIMES IMPOSE A GROWING IMPORTANCE TO 'TRUST' AS A RESOURCE BETWEEN PERSONAL … REDUCING OF SOCIAL COMPLEXITY IN OUR NEAPOLITAN REALITY, WE ASSUME THAT IS BETTER TO 'RELIANCE' RATHER THAN TO TRUST. FOR THE … REASON THAT WE DON'T HAVBE A GOOD REPRESENTATIONS OF OTHERS. SO, WE BUILD OUR PERSONAL CONNECTION WITH 'HOPE' AND 'FAITH …

This paper presents a model of trust in which a principal chooses either to trust or monitor an agent who, in turn …, chooses either to honor or exploit that trust. The principal's decision of whether to trust or monitor is based on the … relative temptation an agent faces to exploit the principal's trust, which comprises two elements – the environmental …