We investigate the economic consequences of additional disclosure about assets with no active market in terms of … value 24 investments. We manipulate the level of disclosure on the fair value of assets (Limited versus Full), the …. Full) disclosure, participants are given a point estimate for the fair value of the investment (resp. plus a range of …

investments. The purpose of this paper is to open the "black box" of the construction of financial disclosure by analyzing the …, the quality of the financial disclosure and the internal reporting systems are measured, and analyzed with a view to … finding some links between them. It is expected that the quality of disclosure is dependent on the quality of the internal …

We analyze the incentives to disclose intermediate research results. We find that despite the help that disclosure can … give to a rival, the leading innovator sometimes chooses to disclose. Disclosure signals commitment to the research project … sufficiently promising, while secrecy may be employed for very good results. As spillovers from disclosure increase, the leader …

allocation of resource and compensations among generations. Fairness is defined by core lower bounds and aspiration upper bounds … extracted the resource. We show that, upon existence, the allocation that satisfies the two fairness criteria is unique and …

Ever since its introduction by Foley [1967] and Varian [1974], the notion of fairness has been one of the most …

How do intrinsic motivations such as fairness and reciprocity influence the efficiency of a principal - multi … the results of an experiment designed to determine whether principal's fairness helps in reducing free-riding amongst team … establishing a fruitful cooperation between principals and team members unequally motivated by genuine fairness considerations. …

the postulate that the perception of the fairness of a urban road pricing policy is important for a successful …