majority teachers grade minority and majority students differently for the same work. Using an experiment, I rule out the … existence of such a direct grading bias. I do find indirect evidence for alternative explanations: teachers report lower …

This paper is the first attempt to assess the impact of official FOREX interventions of the three major central banks … Bayesian framework developed by Bos and Shephard (2004). Our results show that in general, the concerted interventions tend to … affect the dynamics of both currency components of the exchange rate. In contrast, unilateral interventions are found to …

side. We use the model to investigate the welfare effects of discrimination (also known as risk selection). We postulate … find that aggregate surplus decreases when risk aversion is high. When risk aversion is low however, discrimination …

-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …

maximization problem of the firm. As a result, monitoring and pay should be complements. In our experiment, between and within …