This paper analyzes the optimal design of stock option vesting conditions when the CEO faces a risk of being replaced at an interim date. First, I show that long vesting terms do not necessarily discourage but in fact can encourage short-termism. Second, the model demonstrates that the optimal vesting schedule involves balancing incentives for managerial effort with incentives for long-term inv...

Constructive Mathematics Simon Fraser University Burnaby BC Canada Catania, July 19-26, 2000 URL: www. e m.sfu. a/personal/jborwein Papers: www. e m.sfu. a/preprints/1 ABSTRACT. I shall des ribe some basi Bana h spa e ideas that allow one to fruitfully apply notions from smooth analysis, even in spa es whi h do not admit smooth renorms (or \bumps"), and so to perform Partially Smooth Variationa...

OBJECTIVE Previous studies have suggested that no single wheelchair pressure-relieving cushion material was optimal for all persons with spinal cord injury (SCI). The purpose of this study was to compare the effectiveness of the short-term pressure-relieving ability of the three most commonly prescribed wheelchair cushions (Roho, Jay, Pindot) for a person with SCI. METHOD The number of pressu...

Post-Pleistocene avian colonization of deglaciated North America occurred from multiple refugia, including a coastal refugium in the northwest. The location of a Pacific Coastal refugium is controversial; however, multiple lines of evidence suggest that it was located near the Queen Charlotte Islands (also known as Haida Gwaii). The Queen Charlotte Islands contain a disproportionately large num...

The biotic and abiotic factors responsible for determining ranges of most species are poorly understood. Canada jay (Perisoreus canadensis Linnaeus, 1766) relies on perishable cached food over-winter survival late-winter breeding the persistence could be a driver range limits. We confirmed that jay’s lower elevational limit Vancouver Island, British Columbia, matches subalpine zone (900 m) then...

An increasing body of studies of widely distributed, high latitude species shows a variety of refugial locations and population genetic patterns. We examined the effects of glaciations and dispersal barriers on the population genetic patterns of a widely distributed, high latitude, resident corvid, the gray jay (Perisoreus canadensis), using the highly variable mitochondrial DNA (mtDNA) control...

Department of Social and Behavioral Sciences, 3219 College St. Box 20389, Savannah State University, Savannah, GA 31404 ([email protected]) This article was edited by Jay Teachman. Forthcoming, Journal of Marriage and Family Fragile Families Working Paper: WP11-15-FF

This report will review the similarities and differences of four species of pine seed caching members of the avian family Corvidae that live on the slopes and base of the San Francisco Peaks in north-central Arizona. The four species include the Clark’s nutcracker (Nucifraga columbiana), pinyon jay (Gymnorhinus cyanocephalus), western scrub-jay (Aphelocoma californica), and Mexican jay (A. ultr...

The discovery of heparin in 1916 by Jay McLean, a medical student at Johns Hopkins University, not only provided a universal anticoagulant, but also laid the foundation for the discipline of hemostasis and thrombosis[...].