Paper BDJ envelope welcomed

most welcomed Economics & Corporate Culture ∗

Most non-economists would question whether economists know anything about culture. Indeed, given some faculty meetings I’ve been through, I imagine they might go so far as to say economists are uncultured. Although the second sentiment probably does go too far, there is certainly merit to the first. In particular, with a few exceptions (notably Kreps, 1990; Crémer, 1993; Lazear, 1995; Hodgson, ...

Should Speculators Be Welcomed in Auctions?

The possibility of resale after an auction attracts speculators (i.e., bidders who have no use value for the objects on sale). In a multi-object auction, a high-value bidder may strictly prefer to let a speculator win some of the objects and then buy in the resale market, in order to keep the auction price low for the objects she wins in the auction. Therefore, although speculators increase com...

Profit - Welcomed or Disdained by Ancient Romans ?

"Salve Lucrum," an inscription embedded in the threshold of Casa di Sirico, a large mansion in Pompeii, raises an interesting question. "Salve" is a term used by the Romans as a greeting; thus the phrase can be translated as "Hail Profit!" This greeting can be contrasted to the view, suggested by some contemporaneous literature, that the Roman elite distanced themselves from commercial activity...

Rio de Janeiro welcomed and cared of the Brazilian nursing.

News from the Funding Front: Upcoming Opportunities, Proposals Welcomed

This column has been a welcome opportunity to keep the CBE—Life Sciences Education readership aware of national efforts to improve undergraduate education in the life sciences and of ways to become a part of that effort (Woodin et al. 2009, 2010, 2012; Wei and Woodin, 2011). Throughout the years of engagement in the Vision and Change initiative, from the summer of 2007 to the present, the three...