Some like it safe

Some Like It Safe: Agency and Corporate Purchase of Insurance

This paper documents that managers having large private benefits of control tend to purchase more insurance to reduce their exposure to the firm's unsystematic risk. Private benefits of control are estimated as the difference between the price of the stock and an equivalent synthetic stock (constructed with options). Our empirical analysis controls for the simultaneity between the choice of the...

Some like it plastic.

The artist,. . ., like the thinker or the scientist, seeks the truth and makes his appeal.”1 The artist, however, enjoys a superior level of freedom and in doing so he “must strenuously aspire to the plasticity of sculpture, to the color of painting, and to the magic suggestiveness of music.” Plasticity is the foundation of the Manifesto of the Futurist Sculpture2: “the Futurist sculptor percei...

Some don't like it hot.

Thermosensation: Some like it hot

The ability of organisms to respond to fluctuating temperatures is ubiquitous but poorly understood. Recent studies of nematodes reveal specific sensory neurons and interneurons that mediate thermotaxis.

Some like it hot, some like it warm: phenotyping to explore thermotolerance diversity.

Plants have evolved overlapping but distinct cellular responses to different aspects of high temperature stress. These responses include basal thermotolerance, short- and long-term acquired thermotolerance, and thermotolerance to moderately high temperatures. This 'thermotolerance diversity' means that multiple phenotypic assays are essential for fully describing the functions of genes involved...