The objective of this paper is to show the importance of incorporating managerial capacity into the empirical analysis of the determinants of donations to charitable organizations. We adopt a production function approach to model the outcome of the fundraising process. The empirical findings...

The silica gel–water adsorption refrigeration has attracted much attention especially in the last two decades, due to its environmentally friendly refrigeration that can be powered by low grade heat source. In this paper, we reviewed the research about silica gel–water adsorption technology,...

We revisit the effect of traders' experience on price bubbles by introducing either one-third or two-thirds steady inflow of new traders in the repeated experimental asset markets. We find that bubbles are not significantly abated by the third repetition of the market with the inflow of new...

We revisit the effect of traders' experience on price bubbles by introducing either one-third or two-thirds steady inflow of new traders in the repeated experimental asset markets. We find that bubbles are not significantly abated by the third repetition of the market with the inflow of new...

As one of environmentally friendly refrigeration methods, solid adsorption refrigeration has tracked much interest over the world. Silica gel is popularly used in adsorption refrigeration systems as the adsorbent. Like a compressor in a compression refrigeration system, the adsorbent is vital to...

The purpose of this paper is to explore and evaluate smooth approximation methods for value functions. These approximation methods are increasingly important in numerical dynamic programming since they allow researchers to solve models with a multitude of continuous state variables. In this...

Games with asymmetric information play a prominent role in the theoretical literature of malpractice disputes. The common modeling framework in many papers is a game in extensive form which consists of two stages. In the first stage, one agent makes a settlement demand, and the other agent...

The purpose of the paper is to study the incentive and distributional consequences of income taxation in a dynamic model. The framework is estimated under a set of different identifying assumptions using parametric, non-parametric, and semi-parametric techniques. Based on the estimation results,...