This paper extends the canonical single-period model of voluntary costly disclosure to a dynamic setting with asymmetric information over disclosure costs. I show that dynamic incentives have an ambiguous effect on firms’ disclosure decision and that the cost of disclosure no longer prevents full disclosure by all firms. My main results show that (1) there is a positive inter-temporal connectio...

background some grafts harvested from the groin area do not become hyperpigmented and in an individual with multiple pieces of grafts, the hyperpigmentation of the pieces may vary. this study evaluates the orientation of the inset of groin grafts according to their donor sites (superior-inferior) and its role in graft hyperpigmentation. methods patients with hand burn contracture or syndactyly ...

Mansour Mesdaghi was born in 1941 in Ghazvin, Iran, where he completed his elementary and high school.After graduation from Gorgan Forest and Range school, he had been employed in Ministry of Natural Resources as a technician in FAO branch of United Nation in collaboration with Dr. D. L. Goodwin, the Range Scientist at Houmand Range Research Station. He received his B.A degree in Economics at T...

A singularly perturbed model is proposed for a system comprised of a PEM Fuel Cell(PEM-FC) with Natural Gas Hydrogen Reformer (NG-HR). This eighteenth order system is decomposedinto slow and fast lower order subsystems using singular perturbation techniques that provides tools forseparation and order reduction. Then, three different types of controllers, namely an optimal full-order,a near-opti...

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A full three-dimensional, single phase computational fluid dynamics model of a proton exchange membrane fuel cell (PEMFC) with both the gas distribution flow channels and the Membrane Electrode Assembly (MEA) has been developed. A single set of conservation equations which are valid for the flow channels, gas-diffusion electrodes, catalyst layers, and the membrane region are developed and numer...