Includes bibliographical references (p. 19-21).

This paper describes the market for borrowing corporate bonds using a comprehensive data set from a major lender. The cost of borrowing corporate bonds is comparable to the cost of borrowing stock, between 10 and 20 basis points, and both have fallen over time. Factors that influence borrowing...

A discussion-based learning approach to corporate finance fundamentalsLessons in Corporate Finance explains the fundamentals of the field in an intuitive way, using a unique Socratic question and answer approach. Written by award-winning professors at M.I.T. and Tufts, this book draws on years...

05 the Boston School Committee voted to replace the existing Boston school choice mechanism with a deferred acceptance mechanism that simplifies the strategic choices facing parents. This paper presents the empirical case against the previous Boston mechanism, a priority matching mechanism, and...

This paper shows that the presence of different types of players { those who only care abouttheir own material payoffs and those who reciprocate others' contributions { can explain the robustfeatures of observed contribution patterns in public good contribution games, even without thepresence of...