In the first competitive election for President of the Social Choice and Welfare Society, the (official) approval-voting winner differed from the (hypothetical) Borda count winner, who was also the Condorcet winner. But because the election was essentially a toss-up, it is impossible to say who...

One of the most elusive ingredients in the success of a deal is what deal makers euphemistically refer to as "Social issues" - how power, position, and status will be allocated among the merging companies' executives. A failure to resolve these issues often leads to the destruction of...

Capital heterogeneity has largely been ignored in studies of investemtn behaviour. We estimate a dynamic structural model in which different types of capital are interrelated in both the production and adjustment cost technologies. Our result help explain some of the empirical failings of the...

This paper explores the impact of different types of dynamical linkages (coupling) between the indices of industrial production for the U.S. and Canada. The Ozaki model provides an appropriate empirical framework for analyzing the dynamic path of each economy's productive activity because it...