The main result of Morris and Shin (2002)–restated in papers by Amato, Morris, and Shin (2002) and Amato and Shin (2003) and commented upon by the Economist (2004)–has been presented and interpreted as an anti-transparency result: more public information can be bad. However, some scrutiny of the result shows that it is actually pro transparency: except in very special circumstances, more public...

Recognition of the molecular mechanisms of cAMP action against DNA damage-induced apoptosis can be useful to improve the efficacy of DNA damaging therapeutic agents. Considering the critical role of bcl-2-associated death promoter (BAD) and p53 proteins in DNA damage -induced apoptosis, the aim of this study was to assess the effect of cAMP-elevating agents on these proteins in doxorubicin-trea...

We argue that the pervasive practice of evaluating portfolio managers relative to a benchmark has real effects. Benchmarking generates additional, inelastic demand for assets inside benchmark. This leads “benchmark inclusion subsidy:” firm values an investment project more than one outside. The same wedge arises valuing M&A, spinoffs, and IPOs. overturns proposition investment’s value is indepe...

A profession that claims to understand economies, and that has gained power over the greater part of our societies, has big responsibilities. The fundamental responsibility is to ensure its perception of economies gives some useful guidance to the behaviour of real economies. Here mainstream economics fails utterly, and has been failing for a long time. Worse, it actively resists alternative vi...

This article presents the problems of social ethics as seen by Jan Piwowarczyk. Catholic belongs to philosophical and theological sciences. It is a science which, among other things, establishes principles life in accordance with morality – thus making moral value judgements. Judging any activity requires benchmark: this case, general principle morality. Therefore, most essential element, at sa...

Most existing light field (LF) disparity estimation algorithms focus on handling occlusion, texture-less or other areas that harm LF structure to improve accuracy, while ignoring potential modeling ideas. In this paper, we propose a novel idea called Bad Pixel (BadPix) correction for method modeling, then implement general post-refinement network estimation: Bad-pixel Correction Network (BpCNet...