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COST SHOULD BE NO BARRIER: AN EVALUATION OF THE FIRST YEAR OF HARVARD’S FINANCIAL AID INITIATIVE
Inspiration data financial assistance financial needs finance
2015/7/20
We, the authors, could not have completed this study without inspiration, expertise, and a great deal of data from Harvard’s Office of Admissions and Financial Aid, which has shown unswerving commitme...
Measurement Errors of Expected-Return Proxies and the Implied Cost of Capital
Measurement and Metrics Cost of Capital Investment Return
2015/4/28
Despite their popularity as proxies of expected returns, the implied cost of capital's (ICC) measurement error properties are relatively unknown. Through an in-depth analysis of a popular implementati...
The Cost of Friendship
Partners and Partnerships Investment Performance Personal Characteristics
2015/4/27
This paper explores two broad questions on collaboration between individuals. First, we investigate what personal characteristics affect people's desire to work together. Second, given the influence o...
The Cost of Property Rights:Establishing Institutions on the Philippine Frontier Under American Rule,1898-1918
Property Ownership Rights Governing Rules Regulations and Reforms Cost History Philippines United States
2015/4/22
We examine three reforms to property rights introduced by the United States in the Philippines in the early 20th century: the redistribution of large estates to their tenants, the creation of a system...
On Some Properties of Cost Allocation Rules in Minimum Cost Spanning Tree Problems
Minimum cost spanning tree properties
2009/7/17
We consider four cost allocation rules in minimum cost spanning tree problems. These rules were introduced by Bird (1976), Dutta and Kar (2004), Kar (2002), and Feltkamp, Tijs and Muto (1994), respec...
The 2000 presidential election and the information cost of sensitive versus
Presidential election information asymmetry transaction costs bid-ask spreads adverse selection cost
2011/4/6
We investigate the information cost of stock trading during the 2000 presidential election. We find that the uncertainty of the election induces information asymmetry of politically sensitive firms un...