Prior research has examined audit pricing for publicly held firms and provided some evidence of a Big 8 premium in pricing. We investigate audit pricing among private firms for the first time, and we compare audit pricing for private and listed clients. The relatively great degree of dispersion in auditor choice (between Big 5 and non-Big 5 auditors) in our large sample of privately held audit ...

In order to decide on advertisement fees for web servers, Naor and Pinkas 7] introduced metering schemes. They proposed metering schemes in which any server is able to construct a proof to be sent to an audit agency if and only if it has been visited by at least a certain number, say h, of clients. Afterwards, the authors of 3] generalized the idea of Naor and Pinkas and proposed metering schem...

PURPOSE The objectives of this study are to compare the hospital employees' and patients' recognition and attitudes toward the opening of the medical services market, to analyze the differences between hospital employees and patients on the factors in selecting a foreign hospital. MATERIALS AND METHODS This study collected and analyzed data using systematic questionnaires that were self-admin...

Bulletin, any person may give notice to the European Patent Office of opposition to that patent, in accordance with the Implementing Regulations. Notice of opposition shall not be deemed to have been filed until the opposition fee has been paid.

Skilled investors make money off uninformed investors. By acting as intermediaries, they provide a hedge to the uninformed investors themselves. I present a model in which households have imperfect information about expected returns. Non-traded income shocks lead them to rebalance, sometimes at the wrong time. Active funds hedge this risk by trading on superior information. In equilibrium, they...

\\i: examine ethnici~and individual trip taking behavior associated with MIural resource based recreation in the Florida Keys. \Ve estimate trip demand using the travel cost method. \\e then extend this model with a vanilla paran)cter adaptation to test the congruency of demand and economic vaIue XI-II~ white and Hispanic user subgroups. f&r findings indicate significant differences in price re...

Recent policy discussions by the Medicare Payment Advisory Commission (MedPAC) regarding physician prices in the traditional fee-for-service (FFS) Medicare Program reflect movement toward a market pricing model. Earlier objectives such as sustainable levels of spending have given way to concerns over the relationship between fees and actual costs, access to care, and the importance of demand an...

This paper is concerned with stock loan valuation in which the underlying stock price is dictated by geometric Brownian motion with regime switching. The stock loan pricing is quite different from that for standard American options because the associated variational inequalities may have infinitely many solutions. In addition, the optimal stopping time equals infinity with positive probability....

This paper examines the existence of users’ preference for flat rate media access fees and identifies the factors that influence such preferences. Specifically, we explore consumer addiction to flat rate pricing plans, defined as “flat-rate preference,” and examine such concepts from the perspective of behavioral economics. Consumers’ psychological factors employed from behavioral economics are...