In contrast to other well-known cognitive models of moral decision-making, social cognitive theory posits that individuals can disengage from their own moral standards thereby allowing themselves to commit immoral acts. While previous research largely supports the general premise of moral...

We conducted five studies to examine the effects of physiological deprivation on unethical behavior. Consistent with predictions from Reinforcement Sensitivity Theory, we found that physiologically deprived participants engaged in unethical behavior related to obtaining physiological satiation....

Whereas previous research has shown that ego depletion can lead to an increase in unethical behavior, we suggest that this effect hinges on the social consensus of the unethical behavior. Drawing from theories on social consensus and dual-process decision-making, we hypothesize and confirm that...

This paper explores the effects of capital openness on financial crises and contagion. In the model, we analyze four channels of contagion involved in the process of financial crisis: monsoon effects, spillovers, self-fulfilling expectations and new information. We empirically test the data from...

This paper explores the effects of capital openness on financial crises and contagion. In the model, we analyze four channels of contagion involved in the process of financial crisis: monsoon effects, spillovers, self-fulfilling expectations and new information. We empirically test the data from...

We use an implicit alternating direction numerical procedure to estimate the value of a fixed‐rate mortgage (FRM) with embedded default and prepayment options. The value of FRMs depends on interest rates, the house value, and mortgage maturity. Our numerical results suggest that the joint...

An integrated simulation-assessment approach (ISAA) was developed in this study to systematically tackle multiple uncertainties associated with hydrocarbon contaminant transport in subsurface and assessment of carcinogenic health risk. The fuzzy vertex analysis technique and the Latin hypercube...

An interval-parameter fuzzy robust nonlinear programming (IFRNP) approach was developed for stream water quality management under uncertainty. The interval and fuzzy robust programming methods were incorporated within a general framework to address uncertainties associated with the nonlinear...

This article empirically tests the 'too non-traditional to fail' argument by exploring the determinants of systemic risk for the BRICs banks. The argument is found not applicable for the BRICs banks, since the systemic risk is merely determined by balance-sheet characteristics, rather than...

Water quality management is complicated with a variety of uncertainties and nonlinearities. This leads to difficulties in formulating and solving the resulting inexact nonlinear optimization problems. In this study, an inexact chance-constrained quadratic programming (ICCQP) model was developed...