We compare a seller’s agency regime, in which agents give sellers information about buyers’ willingness to pay, with a buyer’s agency regime, in which agents keep buyers’ information confidential. Aggregate gains from trade can be higher under either agency regime. Aggregate gains from trade are higher under buyer’s agency if traders expect to spend less time in the market under buyer’s agency....

Purpose The aim of the study is threefold: understanding interconnections amongst visual and verbal multimodal communication strategies used in food discourse; identifying themes celebrity chef's discourse with respect to pro-environmental behaviour; providing a methodological framework visually analyse food-themed videos. Design/methodology/approach This uses mise-en-scène critical analyses ga...

This paper aims to find details about an excellent Spanish pianist from the beginning of 20th century who starred when she was a little child: her name María Vallès. Not many news are known brief biography since had short life and could develop become as pianist. Through research work some press articles first decades were found, which highlight excellence piano performances in Spain. carried o...

Abstract This article examines the artistic potential of forms image-making that involve registering features real objects using mind-independent processes. According to skeptics, these processes limit an agent’s intentional control over resultant “automatic images,” which in turn limits work, and form as a whole. I argue this is true only if understood mean agent produces work by their own bod...

Firms undertake a variety of actions to reduce risk through diversification, including entering diverse lines of business, taking on project partners, and maintaining portfolios of risky projects such as R&D or natural resource exploration. By a well-known argument, securities holders do not directly benefit from risk-reducing corporate diversification when they can replicate this diversificati...

We study an infinite-horizon Lucas tree model where a manager is hired to tend to the trees and is compensated with a fraction of the trees’ output. The manager trades shares with investors and makes an effort that determines the distribution of the output. When the manager is less risk-averse than the investors, managerial trading smoothes output and results in a less volatile stock price and ...

Once the acidic gases have been emitted to the atmosphere they can be transported over large distances. Hydrogen chloride is highly soluble and is deposited close to source areas, whereas sulphur dioxide and nitrogen oxides are relatively insoluble (at atmospheric concentrations) and are therefore usually transported much further from the source before being deposited. For example, around 90% o...