In this article we study the effect of uncertainty on an entrepreneur who must choose the capacity of his business before knowing the demand for his product. The unit profit of operation is known with certainty but there is no…

The primary resource in university teaching is the scholarship of faculty. This discussion paper explores the potential role of scholarship as a teaching resource and the value of a scholarship perspective in instructional develop- ment. It is argued that the…

Teaching Assistants (TAs) play an important role in most major universities. Interest in the training and development of TAs has increased in recent years, particularly in the U.S.A. In Canada very little research has been conducted regarding the work and…

This article explores the experiences of mid-career, older faculty mem- bers in higher education through a qualitative study of 20 associate pro- fessors (15 men and 5 women) between the ages of 41 and 59 at a Canadian university. The…

We instillate rational cognition and learning in seemingly riskless choices and judgments. Preferences and possibilities are given in a stochastic sense and based on revisable expectations. the theory predicts experimental preference reversals and passes a sharp econometric test of the…

The paper investigates the pricing of derivative securities with calendar-time maturities.

In the presence of moral hazard, received agency theory predicts the Marshallian inefficiency of agricultural tenancy contracts, meaning that inputs per hectare on sharecropped land will differ from that on owned land. in this paper, we test for the presence…

This survey presents within a single model three theories of decentralization of decision-making within organizations based on private information and incentives. Renegotiation, collusion, and limits on communication are three sufficient conditions for decentralization to be optimal., Cet article présente, dans…

In this article we study the effect of uncertainty on an entrepreneur who must choose the capacity of his business before knowing the demand for his product. The unit profit of operation is known with certainty but there is no…

We analyze an alternative to the standard rationalizability requirement for observed choices by considering non-deteriorating selections. A selection function is a generalization of a choice function where selected alternatives may depend on a reference (or status quo) alternative in addition…