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...

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...

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,...

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...

This paper examines whether gifted programs can help urban districts retain students. Gifted programs often IQ thresholds for admission, which creates strong incentives to manipulate the IQ score of students to increase access to the program. In the presence of local manipulation, the standard...

A central challenge in estimating models with heterogeneous housing is separating quality from price. We provide a new method for estimating hedonic functions for rental rates and housing values treating housing quality as unobserved by the econo- metrician. Our method also deals with the...

We examine the practice of affirmative action and consequences of its proscription on the admission and tuition policies of institutions of higher education in a general equilibrium framework. Colleges are differentiated ex ante by endowments and compete for students that differ by race,...