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This paper explores drivers’ subjective value of time under moving and stopped freeway travel conditions with a stated preference survey. Unlike previous studies that assumed a constant value of time, this research relates perceived satisfaction of a freeway trip to its quality indicators....
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We show that a lack of investor trust affects the revision of cash flow expectations and delays the incorporation of accounting information into the stock price. To overcome investors' dependence on trust, managers can obtain external certification—either through credit ratings or by employing...
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