We find that the offer price of a private investment in public equity (PIPE) is lower than the prevailing market price (i.e., large discount) when the tax rate on investors’ capital gains is high. Using unique data on PIPE investor identities (which are not available for initial public...

Playlists have become the main entry point for users to obtain music resources. This study aimed to investigate the features of playlist titles and covers that attract users and the consequences of playlist selection on music streaming platforms. In this study, 7,606 playlist data were collected...

This paper provides an experimental investigation of the evolutionary game models which predict transitions among strict Nash equilibria under inexact (inaccurate but unbiased) information of opponents' behaviors. We design a quasi-continuous-time experiment in which a group of subjects play a...

Using rebate rules to facilitate public goods provision has become a common practice for many social, economic, and environmental issues. This paper explores the effect of both non-endogenous and endogenous rebate rules on threshold-public goods provision in large groups. We follow the...

We examine how accounting-based compensation plans influence a firm’s contracts with its creditors. After granting long-term accounting-based compensation plans (LTAPs) to CEOs, firms pay lower spreads and have fewer restrictive covenants in new bank loans. Mechanisms leading to lower...

With a unique opportunity of recruiting hundreds of emissions trading system (ETS) participants in a series of lab-in-the-field experiments, we compare the revenue-neutral consignment auction (CA) with the free allocation (grandfathering, GF hereafter) and uniform price auction (UPA) as an...

Ni 3 S 2 -embedded NiFe LDH heterostructured porous nanosheets were in situ grown on nickel foam (Ni 3 S 2 -NiFe LDHs /NF) via a one-pot solution method mediated by NaHS at room temperature in 15 min. Benefiting from the abundant Ni 3 S 2 -NiFe LDH interfaces, the as-prepared catalyst delivers...

Three-dimensional (3D) porous architecture has attracted considerable attention in remediation of oil/water emulsion. In present work, an air superhydrophilic/superoleophobic diatomite porous ceramic (AS-DC) was prepared, using SiO2 whiskers modified diatomite ceramic as the substrate and FS-50...