In this article, the author reviews the process by which the National Institute of Justice, the largest funder of criminological and criminal justice research in the United States, operates in the adjudication, dissemination, and monitoring of research grants. I also analyze the functions of...

Using a sample of Chinese A-share listed companies from 2006 to 2016, this paper examines the impact of insider selling on audit fees. The results show that auditors of clients with higher insider selling tend to charge higher fees. Mechanism tests show that the presence of insider selling is...

We study a principal-agent setting in which both sides learn about future profitability from output, and the project can be abandoned/terminated if profitability is too low. With learning, shirking by the agent both reduces output and lowers the principal's estimate of future profitability. The...