We design an experiment to examine behavior and welfare in a multi-level trust game representing a pass through investment in an intermediated market. In a repeated game, an investor invests via an intermediary who lends to a borrower. A pre-experiment one-shot version of the game serves as a baseline and to type each subject. We alter the transparency of exchanges between non-adjacent parties....

Trends in data from recent years show movement toward eutrophication in Otsego Lake; these include increasing total phosphorus and resultant increasing chlorophyll a concentrations, decreasing Secchi transparency readings and decreasing hypolimnetic oxygen concentrations(Harman et al., 1997). The increase in phosphorus has triggered the changes in chlorophyll a, Secchi transparency, and dissolv...

Transparency is a concept that is widely shared, but with a wide spectrum of distinct interpretations. We have been working on nailing down the transparency concept within the organizational context. As such, we have created a conceptual model of transparency, focusing on its relationships with other qualities (accessibility, usability, understandability, informativeness and auditability). Depa...

in this paper, an exchange of letters between the philosopher jacques derrida and architect peter eisenman is used as a catalyst to discuss the material qualities of glass and its relationship with the concept of transparency in architecture. in his criticism of an architecture devoid of human qualities, derrida uses glass, defined through walter benjamin’s writings, as a hard and cold material...

We prove a formula for the number of permutations in Sn such that their first n− k entries are increasing and their longest increasing subsequence has length n− k. This formula first appeared as a consequence of character polynomial calculations in recent work of Adriano Garsia and Alain Goupil. We give two ‘elementary’ bijective proofs of this result and of its q-analogue, one proof using the ...

Let Ln be the length of the longest increasing subsequence of a random permutation of the numbers 1, . . . , n, for the uniform distribution on the set of permutations. Hammersley’s interacting particle process, implicit in Hammersley (1972), has been used in Aldous and Diaconis (1995) to provide a “soft” hydrodynamical argument for proving that limn→∞ ELn/ √ n = 2. We show in this note that th...

It is proved in [BOO], [J2] and [Ok1] that the joint distribution of suitably scaled rows of a partition with respect to the Plancherel measure of the symmetric group converges to the corresponding distribution of eigenvalues of a Hermitian matrix from the Gaussian Unitary Ensemble. We introduce a new measure on strict partitions, which is analogous to the Plancherel measure, and prove that the...