Recent empirical studies find that options trading enhances firm value by allowing for a more efficient allocation of firm resources. In this paper, we develop and test the hypothesis that, in addition to a more efficient allocation of firm resources, options trading also enhances firm value...

pt. 1. Customs and traditions -- pt. 2. Social structure -- pt. 3. Marriage and family -- pt. 4. Needs, values, and aspirations -- pt. 5. World view -- pt. 6. Religion and belief -- pt. 7. Arts and entertainment -- pt. 8. Governing system -- pt. 9. Economic system -- pt. 10. Education system --...

In many online systems, individuals provide services for each other; the recipient of the service obtains a benefit but the provider of the service incurs a cost. If benefit exceeds cost, provision of the service increases social welfare and should therefore be encouraged—but the individuals...

Lignocellulosic biomass-based ethanol is categorized as 2^nd generation bioethanol in the advanced biofuel portfolio. To make sound incentive policy proposals for the Chinese government and to develop guidance for research and development and industrialization of the technology, the paper reports...

Previous analysis of fan motivation suggests a number of differences exist in the sport spectatorship of female and male fans, however discrepancies are present in the collective findings. We extend the literature by drawing on sport economic demand research, testing how specific game...