We find that managers receive more risk-taking incentives in their compensation packages once their firms are referenced by credit default swap (CDS) trading, particularly when institutional ownership is high and when firms are in financial distress. These findings provide suggestive evidence...

In a randomized controlled trial involving hundreds of university students, we provide relative performance feedback specifically designed to reduce low performers' demoralization, by dynamically assigning students to small leaderboard groups that share a similar score in a semester-long online...

Metal organic frameworks (MOFs) is a promising adsorbent for the removal of arsenic (As) from wastewater. The removal efficiency of As is influenced by many factors, such as the textural properties of MOFs, adsorption conditions, and As species. Examining all relevant factors through traditional...