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Investors have a finite capacity to organize all information they receive from financial disclosures. In a model of rational inattention, we show that investor attention capacity affects the probability of disclosure. In the model, an informed firm makes a strategic voluntary disclosure subject...
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Rapid urbanization has brought a range of urban environmental problems that reduce human thermal comfort and health. Urban parks are considered to improve outdoor thermal comfort and promote public health. However, there has been rare research focused on human physiological thermal responses in...
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