The notion of stewardship, drawn from the literature of management and organization in the United States, may offer a useful window into this broader understanding of governance. Stewardship depends on a willingness to be accountable for results without using control as the means to reach them. This demands a choice for service with partnership and empowerment as basic governance strategies. St...

Impulsive choice is exemplified by choosing a small or poor reward that is available immediately, in preference to a larger but delayed reward. Impulsive choice contributes to drug addiction, attention-deficit/hyperactivity disorder, mania, and personality disorders, but its neuroanatomical basis is unclear. Here, we show that selective lesions of the nucleus accumbens core induce persistent im...

The current study looks at the role working memory plays in risky-choice framing. Eighty-six participants took the Automatic OSPAN, a measurement of working memory; this was followed by a risky-choice framing task. Participants with high working memory capacities demonstrated well pronounced framing effects, while those with low working memory capacities did not. This pattern suggests that, in ...

Anaerobic capacity/anaerobically attributable power is an important parameter for athletic performance, not only for short high-intensity activities but also for breakaway efforts and end spurts during endurance events. Unlike aerobic capacity, anaerobic capacity cannot be easily quantified. The 3 most commonly used methodologies to quantify anaerobic capacity are the maximal accumulated oxygen...

Motivated by an application in assortment planning under the nested logit choice model, we develop a polynomial-time approximation scheme for the sum-of-ratios optimization problem with a capacity constraint and a fixed number of product groups.

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We study the regulation of a firm with unknown demand and cost information. In contrast to previous studies, we assume demand is influenced by a quality choice, and the firm has private information about its quality capacity in addition to its cost. Under natural conditions, asymmetric information about the quality capacity is irrelevant. The optimal pricing is weakly above marginal costs for a...

creating confidence in the stock market through a secure environment is one of the main achievements of stock markets in the world. in the stock markets of developed countries, there are markets which provide confidence and reduce the risks resulting from the fluctuation of share prices. these markets are called “stock transaction choice markets”. while comparing stock transaction choice contra...