There have been significant structural changes in research markets in recent years reflected in the increase in the number of academic journals. This paper uses a differential game model of authors and journal editors to examine the effects of an increase in competition among academic journals....

This study applies the Dynamic Slacks Based Model (DSBM) developed by Tone and Tsutsui (2010) in order to assess the evolution of input saving/output increasing potentials in major Brazilian Banks from 1996 to 2011. We propose that these potentials or slacks can be used as proxies for an...

One of the main goals of terrorism is to instill fear in a targeted populace. We investigate how information precision about rare, but highly devastating terrorist attacks influences psychological resilience, which we operationalize as the ability to continue to take optimum risks. First, we...

This paper analyses airline accidents data from 1927-2006. The fractional integration methodology is adopted. It is shown that airline accidents are persistent and (fractionally) cointegrated with airline traffic. Thus, there exists an equilibrium relation between air accidents and airline...

This paper assesses different measures of Tobin's <italic>q</italic> on the US labor market over 1948--2002. We find a negative long-run relationship between the unemployment rate and Tobin's <italic>q</italic>, which is consistent with capital and labor being complements in production.

This paper models a dynamic scholar’s allocation of time between academia and professional activities outside academia, given the academic labor market and social interactions. The model shows how particularly in less developed countries business and political networks may have large negative...

This paper considers the search for the best papers by the editors of an academic journal. At each period, each editor receives a set of submissions and has to decide which paper to accept. Some editors being more demanding than others, researchers choose the quality level of their papers taking...