As shown by Tversky and Kahneman (1991), framing an outcome as a loss causes individuals to expend extra effort to avoid that outcome. Since classroom performance is a function of student effort in search of a higher grade, we seek to use loss aversion to encourage student effort. This field...

This paper is a response to Richard Sander’s latest work challenging the notion that race based affirmative action is still relevant and demanding that institutions of higher education consider class based affirmative action. To support his thesis, Sander conducts an empirical study on who...

This ethnographic work examines the inner workings of a highly formalized plea bargaining unit in a large urban prosecutor's office from the lawyers' point of view. Observations of forty two plea negotiations between prosecutors and defense attorneys along with both formal and informal...

The notion of a colorblind society captured the imagination of voters who passed propositions banning affirmative action in higher education admissions in California, Washington, more recently in Michigan, and on November 4th, in Nebraska. Affirmative action is no longer required, proponents...

The paper brings forth additional information necessary for a better application and perception of the concept of statutory audit for all those who are interested in this matter. It emerges from the need of European harmonization and international convergence, limiting the content and the...

The international financial crisis started in 2007 brought to the fore the fragility of the banking system, for which the axiom "When confidence was gone, the crisis arose", coupled with an acute need to rebuild public confidence in the banking system in general, refers directly to the commands...

Business corporations seek profit. That is, after subtracting cost, they maximize net revenue. Spillovers (both costs and benefits) involve trade-offs governing boards should make. Spillovers, especially when coupled with clumsy applications of discounted present value, distort a business'...

Como parte de un trabajo más extenso sobre el gasto público nacional en la región Caribe y el ordenamiento territorial en el período 1995-20071, en este documento se analizan las asignaciones del presupuesto general de la nación para la inversión regionalizable, entre los años 1995-2007...

In the knowledge economy, labor has become a complex process. Thus, flexibility came as a response to the traditional labor market rigidities in an attempt to control change and new possible risks, considering the relaxation of labor market regulation, the focusing on human factors, unlocking...