Spanish scientists broke

Spanish scientists working abroad.

IN XAVIER BOSCH’S INTERVIEW “SPAIN’S science minister sees future in telecom” (News Focus, 31 Jan., p. 653), Josep Piqué, Spanish Minister of Science and Technology, asserts that “[n]ow there are many more scientists from abroad working in Spain than there are Spanish scientists abroad.” This statement raises doubts among Spanish scientists both inside and outside of Spain, and thus we tried to...

Spanish scientists in the New World. The eighteenth-century expeditions

IRIS H. W. ENGSTRAND, Spanish scientists in the New World. The eighteenth-century expeditions, Seattle and London, University of Washington Press, 1981, 8vo, pp. xiv, 220, illus., £17.50. Changes of policy, the Napoleonic conflict, and the collapse of the Spanish Empire meant that the massive amount of documentation and other materials arising from the Spanish expeditions to the New World durin...

High Bids and Broke Winners

This paper analyzes auctions where budget-constrained bidders have options to declare bankruptcy. It predicts a bidding equilibrium that changes discontinuously in a borrowing rate available to bidders. When the borrowing rate is above a threshold, high-budget bidders win, and the likelihood of bankruptcy is low. When the borrowing rate is below the threshold, the winner is the most budget-cons...

Going for Broke: Dopamine Influences Risky Choice

Dopamine neurons track reward by increasing or decreasing their firing rate when a reward is present or absent. In this issue of Neuron, Stopper et al. (2014) demonstrate that artificially eliminating these dopamine bursts or dips can alter risky decision-making.

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