Closest Without Going Over

Going Public without Governance: Managerial Reputation Effects

This paper addresses the agency problem between controlling shareholders and minority shareholders. This problem is common among public firms in many countries where the legal system does not effectively protect minority shareholders against oppression by controlling shareholders. We show that even without any explicit corporate governance mechanisms protecting minority shareholders, controllin...

Going InXANE over Iron in Feldspar

Crossing over without Chiasmatype?

In a recent number of this journal Professor RICHARD GOLDSCHMIDT has a paper (1917) , “Crossing over ohm Chktsmtypie?“, in which he develops a hypothesis to account for crossing over without recourse to the chiasmatype theory of JANSSENS (which, according to GOLDSCHMIDT, “ziemlich in der Luft schwebt”), or to any similar process. The argument is based on the “von jedermann anerkannten Vorausset...

The desirability bias in predictions: Going optimistic without leaving realism

Does desire for an outcome inflate optimism? Previous experiments have produced mixed results regarding the desirability bias, with the bulk of supportive findings coming from one paradigm— the classic marked-card paradigm in which people make discrete predictions about desirable or undesirable cards being drawn from decks. We introduce a biased-guessing account for the effects from this paradi...

Computer processing of biochemical information without going on-line.

an extensive central installation must be available with the ability to accept multiple inputs on a timesharing basis, one input terminal being located in the laboratory. Both these approaches are expensive. In the first case, the laboratory must bear the whole cost of the equipment and for practical reasons this may result in the provision of a computer too small adequately to do the rather co...