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SSRN Electronic Journal, 2012 Experimental evidence and field data suggest that agents hold two seemingly unrelated biases: failure to account for the fact that the behavior of others reflects their private information (“winner's curse”), and a tendency to value a good more once it is owned (“endowment effect”). In this paper we propose that these two phenomena are closely related:
Frenkel, Sivan +2 more
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Colleges: To Endow or Not to Endow?
Academic Questions, 2022As colleges and universities undergo rapid institutional change and ideological capture, George R. La Noue believes it is imperative that donors ask three questions before entering into endowment agreements.
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Journal of the History of Medicine and Allied Sciences, 1991
Academic libraries often wish to build endowments as a principal goal of fund raising activities. For example, one library development brochure begins: “Northwestern University Library's most pressing need is for endowed funds for the purchase of library materials.” Because carefully managed endowments can yield sustained purchasing power, they can ...
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Academic libraries often wish to build endowments as a principal goal of fund raising activities. For example, one library development brochure begins: “Northwestern University Library's most pressing need is for endowed funds for the purchase of library materials.” Because carefully managed endowments can yield sustained purchasing power, they can ...
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Southern Medical Journal, 1915
In this day, when the laity is discussing eugenics, and legislatures are enacting laws for the betterment of the race, it behooves us as medical men to consider the value of the potential mother and her unborn babe as a national asset and ascertain wherein their status can be benefited.
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In this day, when the laity is discussing eugenics, and legislatures are enacting laws for the betterment of the race, it behooves us as medical men to consider the value of the potential mother and her unborn babe as a national asset and ascertain wherein their status can be benefited.
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The Journal of Derivatives, 1999
Endowment warrants are long-term call options with an exercise price that is reduced whenever dividends are paid on the options' underlying shares, so that over the decade-long life of the option the exercise price could fall to zero if anticipated share dividend growth occurs.
Hoang, Philip +2 more
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Endowment warrants are long-term call options with an exercise price that is reduced whenever dividends are paid on the options' underlying shares, so that over the decade-long life of the option the exercise price could fall to zero if anticipated share dividend growth occurs.
Hoang, Philip +2 more
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Strategic Reallocation of Endowments
1987In the framework of pure exchange economies it might well happen that economic agents will find it advantageous to change their endowment holdings and by this increase their utility. Such an increase is achieved by acting competitively with the new endowments and comparing the new equilibrium allocation with the one that would have been achieved ...
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The Review of Economic Studies, 1979
A competitive allocation in an exchange economy has several desirable properties; it is (with minimal assumptions) Pareto optimal and it guarantees that each trader doesn't lose utility in the trade. Besides these properties of efficiency and individual rationality, however, there are undesirable properties such as its manipulability.
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A competitive allocation in an exchange economy has several desirable properties; it is (with minimal assumptions) Pareto optimal and it guarantees that each trader doesn't lose utility in the trade. Besides these properties of efficiency and individual rationality, however, there are undesirable properties such as its manipulability.
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UTMS Journal of Economics, 2013
The aim of the paper that treats the actuarial model of insurance in case of survival or early death is to show the actuarial methods and methodology for creating a model and an appropriate number of sub-models of the most popular form of life insurance in the world.
Sain, Zeljko, Selimovic, Jasmina
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The aim of the paper that treats the actuarial model of insurance in case of survival or early death is to show the actuarial methods and methodology for creating a model and an appropriate number of sub-models of the most popular form of life insurance in the world.
Sain, Zeljko, Selimovic, Jasmina
openaire +1 more source