V. Bužek, 1,2 V. Vedral, 1 M. B. Plenio, 1 P. L. Knight, 1 and M. Hillery 3 Optics Section, The Blackett Laboratory, Imperial College, London SW7 2BZ, England Institute of Physics, Slovak Academy of Sciences, Dubravská cesta 9, 842 28 Bratislava, Slovakia Department of Physics and Astronomy, Hunter College, City University of New York, 695 Park Avenue, New York, New York 10021 ~Received 13 Nove...

1 Department of Mathematics Education, Gyeongsang National University, Chinju 660-701, Republic of Korea 2 Department of Algebra and Geometry, Faculty of Sciences, Palacky University (UP), 771 47 Olomouc, Czech Republic 3 Department of Mathematics, Hanyang University, Seoul 133-791, Republic of Korea 4 Department of Mathematics Education, Chinju National University of Education, Chinju 660-756,...

2. Originator and Professional Background: Leon Festinger was born in 1919 in New York, New York. He attended the College of the City of New York and received a B.S. in 1939. He attended the University of Iowa in Iowa City, receiving his Master's Degree in 1940 and his Ph.D. in 1942. He began his career at the University of Rochester, Rochester, New York, as an instructor from 1943-45. He was A...

a Department of Glycobiotechnology, Institute of Chemistry, Slovak Academy of Sciences, Dúbravská cesta 9, 845 38, Bratislava, Slovak Republic; b Department of Graphic Arts Technology and Applied Photochemistry, Faculty of Chemical and Food Technology, Slovak University of Technology, Radlinského 9, 812 37, Bratislava, Slovak Republic Institute of Materials and Machine Mechanics, Slovak Academy...

We present a framework for studying the relation between the distributions of income and house prices that is based on an assignment model where households are heterogeneous by incomes and houses by quality. Each household owns one house and wishes to live in one house; thus everyone is potentially both a buyer and a seller. In equilibrium, the distribution of prices depends on both distributio...

U niversity endowments are important and interesting institutions both in the investing community and society at large. First, they play a role in maintaining the academic excellence of many universities which rely heavily on income from their endowments. In recent years, well-heeled institutions such as Harvard and Princeton have used their deep pockets to increase admissions and reduce effect...

Borislav Dechev Bojanov was born in Shemshevo, a little village just outside the beautiful central Bulgarian city of Veliko Tarnovo, of which he was so fond. Borislav took his first degree at Sofia University. He then went to Wroclaw, Poland, where he did a Master’s Thesis under the supervision of Professor Stefan Paszkowski. He returned to the Department of Mathematics of Sofia University in 1...

We introduce a post-entry liquidity constraint to the standard model of a …rm with serially correlated pro…tability and an irreversible exit decision. We assume that …rms with no cash holdings and negative cash ‡ow must either exit or raise new cash at a transaction cost. This creates a precautionary motive for holding cash, which must be traded o¤ against the liquidity cost of holding cash. We...