Repeat sales indices are commonly used to estimate the trend in house prices. Two assumptions are made when estimating these indices: 1) that the house characteristics are unchanged between observed sales and 2) that the underlying shadow prices for those attributes are constant or change...

In this paper, we first propose a two-level nonlinear conservative difference scheme for solving the generalized Rosenau-Kawahara equation. The second-order convergence in $L_\infty$-norm of the scheme is proved by an induction argument and discrete energy method. And the the prior estimate in...

Using the passage of the Federal Trademark Dilution Act (FTDA) as an exogenous shock to trademark protection, we find that stronger trademark protection induces firms to increase their CEO risk-taking incentives as measured by CEO portfolio vega. The effect is greater for firms facing more...