We use unique panel data on the evolution of transparent budget procedures in the American states over the past three decades to explore the political and economic determinants of fiscal transparency. Our preliminary results suggest that more equal political competition and power sharing are associated with both greater levels of fiscal transparency and increases in fiscal transparency during t...

BACKGROUND Many patients' and consumers' organizations accept drug industry funding to support their activities. As drug companies and patient groups move closer, disclosure become essential for transparency, and the internet could be a useful means of making sponsorship information accessible to the public. This survey aims to assess the transparency of a large group of Italian patient and con...

The aims of this study are to examine how liquidity in the Government of Canada securities market has evolved over the 1990s and to determine what factors influence the level of liquidity in this market, with some comparisons to the U.S. Treasury securities market. We find empirical support for the hypothesis that an increase in effective supply of the securities enhances market liquidity. Empi...

Abstract Dialetical Frameworks (ADFs) are a recent development in computational argumentation which are, it has been suggested, a fruitful way of implementing factor based reasoning with legal cases. In this paper we evaluate this proposal, by reconstructing CATO using ADFs. We evaluate the ease of implementation, the efficacy of the resulting program, ease of refinement of the program, transpa...

We investigate the role of non-uniform spatial density profiles of trapped atomic Bose-Einstein condensates in the propagation of Raman-matched laser pulses under conditions for electromagnetically induced transparency (EIT). We find that the sharp edged axial density profile of an interacting condensate (due to a balance between external trap and repulsive atomic interaction) is advantageous f...

The literature on e-adoption in various areas such as health, education, learning, security, energy, transport and environment is growing enormously in last few years. A growing literature recognizes the positive impact eadoption has made on social and economic front. Organizations have created more operational and economic efficiencies. Individuals have been benefited by having more opportunit...

The literature on e-adoption in various areas such as health, education, learning, security, energy, transport and environment is growing enormously in last few years. A growing literature recognizes the positive impact eadoption has made on social and economic front. Organizations have created more operational and economic efficiencies. Individuals have been benefited by having more opportunit...

I investigate the relation between firm risk and firm transparency over the period 1992-2006 and find that the level of firm transparency and the level of firm risk are negatively related. I also find that higher CEO pay-performance sensitivity (delta) works to mitigate this inverse relationship. This result is consistent with Hermalin and Weisbach (2007) who suggest that managers reduce risk t...