Awards are prevalent in all societies and at all times. So far, however, they have escaped the attention of economists. This paper presents a first analysis of awards, distinguishing them from purely monetary forms of rewards. Additionally, popular notions about the use and prevalence of awards are addressed with descriptive statistics from the International Who’s Who.

T study documents that the abnormal stock returns are negative before unscheduled executive option awards and positive afterward. The return pattern has intensified over time, suggesting that executives have gradually become more effective at timing awards to their advantage, and possibly explaining why the results in this study differ from those in past studies. Moreover, I document that the p...

When punitive damage awards create publicity, this could affect the behavior of uncompensated victims, which has implications for the optimal punitive damage multiplier. A new adjusted multiplier is derived that incorporates publicity into the analytical framework. Assuming that all victims receive uniform punitive awards, the result is a lower punitive multiplier relative to the standard resul...

Males usually have little involvement in the dramas of social insect societies, but a newly identified Cardiocondyla ant species has been found to produce long-lived, murderous males, even before the first workers, in a new form of queen-queen competition.

Lists future events that should be of interest to practitioners and researchers.

When punitive damage awards create publicity, this could affect the behavior of uncompensated victims, which has implications for the optimal punitive damage multiplier. A new adjusted multiplier is derived that incorporates publicity into the analytical framework. Assuming that all victims receive uniform punitive awards, the result is a lower punitive multiplier relative to the standard resul...

THE 1997 IEEE Geoscience and Remote Sensing Society’s Awards were presented by the IEEE President Charles Alexander, GRS-Society President Martti Hallikainen, and GRS-Society Vice-President Nahid Khazenie on August 5, 1997, at the Awards Luncheon during IGARSS’97 in Singapore. The call for nomination for the GRS-S Distinguished Achievement Award is published in the GRS-S Newsletter. Nominations...

The National Institutes of Health (NIH) K18 award mechanism provides funded opportunities for established investigators to gain knowledge in fields outside of their primary disciplines, but outcomes associated with these awards have not been evaluated to date. NIH's Basic Behavioral and Social Sciences Opportunity Network (OppNet) is one of the few initiatives that has used this award mechanism...