For the past three decades, plaintiffs in hundreds of state and federal court lawsuits have challenged state laws that fund public schools with the local property tax. As socioeconomic segregation remains at extremely high levels across the country, reliance on a tax that is based on the wealth of the property within a school district’s territory produces huge inequality in revenues. As the res...

The nursing records of the 242 patients who used the domiciliary night nursing care service in Newham Health District showed that three distinct groups of patients were nursed during 1979 at a cost of 8.8 pounds a day. Forty-three elderly chronically sick and five disabled patients aged under 50 received care for more than 28 days, 63 patients had terminal cancer, and 131 needed short-term care...

In this paper, we focus on studying the appearing time of different kinds of cars on the road. This information will enable us to infer the life style of the car owners. The results can further be used to guide marketing towards car owners. Conventionally, this kind of study is carried out by sending out questionnaires, which is limited in scale and diversity. To solve this problem, we propose ...

This paper evaluates the equity premium using novel data on the consumption of luxury goods. Specifying utility as a nonhomothetic function of both luxury and basic consumption goods, we derive pricing equations and evaluate the risk of holding equity. Household survey and national accounts data mostly reflect basic consumption, and therefore overstate the risk aversion necessary to match the o...

Editorial Review Board Members: Rob Ammon—Slippery Rock University John Benett—Venue Management Association, Asia Pacific Limited Chris Bigelow—The Bigelow Companies, Inc. Matt Brown—University of South Carolina Brad Gessner—San Diego Convention Center Peter Gruber —Wiener Stadthalle, Austria Todd Hall—Georgia Southern University Kim Mahoney—Industry Consultant Michael Mahoney—California State ...

The following piece is based on the lectio praecursoria presented at defense of doctoral dissertation “The Challenge Luxury Experience – Service Provider’s Perspective” which was publicly defended December 3, 2021, Joensuu, University Eastern Finland. full version can be found https://erepo.uef.fi/handle/123456789/26447