In this paper, I study the e¤ects of overcon…dence on incentive contracts in a moral-hazard framework in which principal and agent knowingly hold asymmetric beliefs regarding the probability of success of their enterprise. Agent overcon…dence can have con‡icting e¤ects on the equilibrium contract. On the one hand, an overcon…dent agent disproportionately values successcontingent payments, and t...

A major concern affecting the efficient use of carbon fibre reinforced composite laminates in the aerospace industry is the low velocity impact damage which may be introduced accidentally during manufacture, operation or maintenance of the composite structures. It is widely reported that the contact behavior of composite laminates under low-velocity impact can be obtained under quasi-static loa...

in this work application of seven synthetic polymers as adsorbents for the removal of hg(ii) from aqueous solution was studied. the equilibrium studies are systematically carried out in a batch process, covering various process parameters that include agitation time, adsorbent dosage, and ph of the aqueous solution. variations of hg(ii) concentration in solution have been studied through measur...

patient noncompliance to current tuberculosis (tb) therapy owing to multidrug administration daily leads to treatment failure and emergence of multidrug resistant and extensively drug resistant tb. to avoid the daily dosing, application of nanotechnology is the only viable solution by virtue of sustained release of drugs. other potential advantages of the system include the possibility of selec...

an analytical equation of state (eos) developed by ihm-song-mason (ism) has been applied tocalculate some thermophysical properties of molten polymers including poly (1-octene) (po), poly (vinylmethyl ether) (pvme), poly (vinyl chloride) (pvc), and poly (styrene) (ps). three temperature-dependentparameters of the ism eos have been determined based on the alternative scaling constants, dispersiv...