This draft is quite preliminary so I look forward to our meeting. For me, writing this draft has raised a number of questions about what institutional features of the tax system might explain why the Survey of Consumer Finance data indicates a large stock of unrealized capital gains on actively-managed businesses, but the capital gains on such businesses seem to be relatively modest in the Stat...

Researchers have debated whether knowledge or certainty is a better candidate for the norm of assertion. Should you make an assertion only if you know it’s true? Or should you make an assertion only if you’re certain it’s true? If either knowledge or certainty is a better candidate, then this will likely have detectable behavioral consequences. I report an experiment that tests for relevant beh...

We examine the effects of the SEC mandated temporary suspension of short-sale price-tests for a set of Pilot securities. While short-selling activity increased both for NYSE and NASDAQ-listed Pilot stocks, returns and volatility at the daily level are unaffected. NYSE-listed Pilot stocks experience more symmetric trading patterns and a slight increase in spreads and intraday volatility after th...

The last twenty years has seen the development of demand for a new type of computing professional, which has resulted in the emergence of the academic discipline of Information Technology (IT). Numerous colleges and universities across the country and abroad have responded by developing programs without the advantage of an existing model for guidance. Efforts to define a model curriculum for IT...

By Pongsak Hoontrakul Sasin of Chulalongkorn University, Bangkok, Thailand and Sunil Sahadev Indian Institute of Management, Kozhikode, India & Sasin of Chulalongkorn University, Bangkok, Thailand First Draft : June 2004 Current Draft : December 15, 2005 ABSTRACT The information and communication technologies are revolutionizing the hospitality sector over the years. This study looks at the pro...

In this paper we present the first draft of the University of Vienna ePortfolio framework which is closely interlinked with the university-wide eLearning strategy. Conceptually the aims of the framework are to bridge the gap(s) between different ePortfolio conceptualizations in order to provide orientation, to integrate ePortfolio on a curricular level within the context of a university-wide co...

Black meristematic fungi are cosmopolitan and able to adapt to extreme fluctuations of ultraviolet radiation, temperature, and moisture and grow in exposed habitats such as stone surfaces. In a survey on fungi associated with fruit rots, leaf spots, canker, gummosis, dieback and trunk diseases of grapevine and walnut trees in Kurdistan Province (Iran), some black meristematic fungal isolates re...

Xylariaceous fungi are typically saprobes, but are also commonly isolated as endophytes and some species are pathogens. Two species of Lopadostoma (Xylariaceae, Xylariales) are reported for the first time from Iran. L. dryophilum was found from dead branches of Quercus sp. in East Azerbaiejan and L. fagi from dead branches of Fagus sp. in Ardabil province. Based on morphology and sequence data ...