Previous research has shown that receiving an unfair monetary offer in economic bargaining elicits also-called feedback negativity (FN). This scalp-recorded brain potential probably reflects a bad-vs-good evaluation in the medial frontal cortex and has been linked to fundamental processes of reinforcement learning. In the present study, we investigated whether the evaluative mechanism indexed b...

nominally serves, it opens its wards to patients from places from which it gets practically no financial assistance. The larger the hospital, the bigger the town to which it belongs, the more important its work, the more marked is the difference between contributions of money and of patients from distant quarters, the more unfair the distribution of the burden. The inhabitants of any one distri...

Using data on municipal bonds issued in California and New York between 1996 and 2014, this paper documents a decline in the benefit of municipal bond insurance, explores its underlying determinants, and quantifies its aggregate effect. First, we find that the insurance benefit declined remarkably from approximately 5.1% of the overall deal value between 1996 and 2001 to 0.5% by 2011-2014. Seco...

a novel distributed frequency allocation scheme named as exponential distribution based frequency allocation (EDFA) is proposed in Fractional Frequency Reuse (FFR) aided OFDMA networks. EDFA has a flexible adjustment between fairness and throughput. Simulation results demonstrate that compared to the proportional fairness (PF) allocation and equal rate allocation (ERA) schemes, EDFA could achie...

The methods for determining OWA operator weights have aroused wide attention. We first review the main existing methods for determining OWA operator weights. We next introduce the principle of maximum entropy for setting up probability distributions on the basis of partial knowledge and prove that Xu’s normal distribution-based method obeys the principle of maximum entropy. Finally, we propose ...

The Effect of Sanctions on the Job Finding Rate: Evidence from Denmark This paper investigates the effect of sanctions of unemployment insurance benefits on the exit rate from unemployment for a sample of Danish unemployed. According to the findings are that even moderate sanctions have rather large effects. For both males and females the exit rate increases by more than 50% following impositio...

Our paper provides an explanation why cost-of-living adjustment (COLA) provisions and their characteristics vary widely across U.S. industries. We develop models of optimal risk sharing between a firm and union to investigate the determinants of a number of contract characteristics. These include the presence and degree of wage indexing, the magnitude of deferred noncontingent wage increases, c...

Organisations spend much money on Information Technology (IT) development and maintenance activities with the intention that these will create results enable benefits for organisations. This paper seeks to understand potential associations between IT adoption of management practices realise value organization. The aim is also uncover differences public private We surveyed 86 Norwegian organisat...