NI pay disparity

Executive Pay Disparity and the Cost of Equity Capital

Executive pay disparity, as measured by chief executive officer (CEO) pay slice (CPS), is positively associated with the implied cost of equity, even after controlling for other determinants of the cost of equity. The difference in the cost of equity can explain 43% of the difference in the valuation effect attributable to CPS reported by Bebchuk, Cremers, and Peyer (2011). Further analysis sho...

A Dynamic Explanation of the Willingness to Pay and Willingness to Accept Disparity

Recent evidence from laboratory experiments suggests that important disparities exist between willingness to pay (WTP) and compensation demanded for the same good. Because a fundamental postulate in neoclassical theory is that with small income effects and many available substitutes, the willingness to accept (WTA) and WTP measures of value for a commodity should be roughly equivalent, this fin...

Can't pay, must pay.

editorial editorial l ong ago, in a political galaxy far away, i was educated at one of the world's elite universities. neither i, nor my middle-class parents, paid a penny in upfront fees for this privilege. in fact, the state—or more precisely my local municipality—paid me a substantial 'maintenance grant' every term which covered my room in college, living expenses, books and other study ess...

Can't pay, won't pay.

Integrating Disparity Images by Incorporating Disparity Rate

Intelligent vehicle systems need to distinguish which objects are moving and which are static. A static concrete wall lying in the path of a vehicle should be treated differently than a truck moving in front of the vehicle. This paper proposes a new algorithm that addresses this problem, by providing dense dynamic depth information, while coping with real-time constraints. The algorithm models ...