192,394 research outputs found
When No Law is Better than a Good Law
No full textThis paper argues, both theoretically and empirically, that sometimes no security law may be better than a good security law that is not enforced. The first part of the paper formalizes the sufficient conditions under which this happens for any law. The second part of the paper shows that a specific security law - the law prohibiting insider trading - may satisfy these conditions, which implies that our theory predicts that it is sometimes better not to have an insider trading law than to have an insider trading law but not enforce it. The third part of the paper takes this prediction to the data. We revisit the panel data set assembled by Bhattacharya and Daouk (2002), who showed that enforcement, not the mere existence, of insider trading laws reduced the cost of equity in a country. We find that the cost of equity actually rises when a country introduces an insider trading law, but does not enforce it.
bhattacharya-a-bt/CBCS_normalization: Code and summary results for "An approach for normalization and quality control for NanoString RNA expression data"
No full textIncluded:
nanostring_RUV_functions.R - R code for the functions used in normalization, quality control, and post-normalization visualization
sabry_analysis.R - R code for analysis of Sabry et al, 2019 dataset. The raw data can be found here
a tutorial for our iterative QC and normalization proces
Knowledge Disclosure, Patents and Optimal Organization of Research and Development
No full textWe develop a model of two-stage cumulative research and development (R&D), in which one Research Unit (RU) with an innovative idea bargains to license her nonverifiable interim knowledge exclusively to one of two competing Development Units (DUs) via one of two alternative modes: an Open sale after patenting this interim knowledge, or a Closed sale in which precluding further disclosure to a competing DU requires the RU to hold a stake in the licensed DU's post-invention revenues. Both models lead to partial leakage of RU's knowledge from it's description, to the licensed DU alone in a closed sale, and to both DUs in an open sale. We find that higher levels of interim knowledge are more likely to be licensed via closed sales. If the extent of leakage is lower, more RUs choose open sales, generating a non-monotonic relationship between the strength of Intellectual Property Rights (IPR) and aggregate R&D expenditures. We also develop a rationale for the ex ante acquisition of control rights over the RU by a DU, rooted in the RU's incentives to create knowledge under alternative modes of sale thereof, and her wealth constraint in ex interim bargaining.R&D organisation, patents, intellectual property rights
Interview with Dr R. Bhattacharya Secretary, Atomic Energy Regulatory Board (AERB), Government of India
No full text14-15How safe are Indian nuclear reactors? Dr R. BHATTACHARYA, Secretary, Atomic Energy Regulatory Board (AERB), Government of India, Director, Information & Technical Services Division & Director,Industrial Plants Safety Division, sought to allay some fears in a talk with Hasan Jawaid Khan
Appropriate Similarity Measures for Author Cocitation Analysis
No full textWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
"Closing the R&D Gap, Evaluating the Sources of R&D Spending"
No full textBoth spending and tax policies have been implemented in the United States with the goal of stimulating private sector research and development (R&D). Karier questions whether current R&D policy, especially the research and experimentation tax credit, can contribute to closing the gap between nondefense expenditures on R&D in the United States and such expenditures in other countries, such as Japan and Germany. He also explores possible changes to our current R&D policy to make it more effective.
Fabric development during shear deformation in the Main Central Thrust Zone, NW-Himalaya, India
No full textQuartz microfabrics and associated microstructures have been studied on a crustal shear zone-the Main Central Thrust (MCT) of the Himalaya. Sampling has been done along six traverses across the MCT zone in the Kumaun and Garhwal sectors of the Indian Himalaya. The MCT is a moderately north-dipping shear zone formed as a result of the southward emplacement of a part of the deeply rooted crust (that now constitutes the Central Crystalline Zone of the Higher Himalaya) over the less metamorphosed sedimentary belt of the Lesser Himalaya. On the basis of quartz c- and a-axis fabric patterns, supported by the relevant microstructures within the MCT zone, two major kinematic domains have been distinguished. A noncoaxial deformation domain is indicated by the intensely deformed rocks in the vicinity of the MCT plane. This domain includes ductilely deformed and fine-grained mylonitic rocks which contain a strong stretching lineation and are composed of low-grade mineral assemblages (muscovite, chlorite and quartz). These rocks are characterized by highly asymmetric structures/ microstructures and quartz c- and a-axis fabrics that indicate a top-to-the-south sense that is compatible with south-directed thrusting for the MCT zone. An apparently coaxial deformation domain, on the other hand, is indicated by the rocks occurring in a rather narrow belt fringing, and structurally above, the noncoaxial deformation domain. The rocks are highly feldspathic and coarse-grained gneisses and do not possess any common lineation trend and the effects of simple shear deformation are weak. The quartz c-axis fabrics are symmetrical with respect to foliation and lineation. Moreover, these rocks contain conjugate and mutually interfering shear bands, feldspar/quartz porphyroclasts with long axes parallel to the macrosopic foliation and the related structures/microstructures, suggesting deformation under an approximate coaxial strain path. On moving towards the MCT, the quartz c- and a-axis fabrics become progressively stronger. The c-axis fabric gradually changes from random to orthorhombic and then to monoclinic. In addition, the coaxial strain path gradually changes to the noncoaxial strain path. All this progressive evolution of quartz fabrics suggests more activation of the basal, rhomb and slip systems at all structural levels across the MCT. (C) 2004 Elsevier B.V. All rights reserved
Going Beyond Counting First Authors in Author Co-citation Analysis
No full textThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Replication Data for article: "What is Ragin's Indirect Method of Calibration?"
No full textThis includes the Original dataset (Book1.xlsx), Calibrated data (Calibrateddata.xlsx), RScript (.Rmd), and R Markdown file (.html), for the article "What is Ragin's Indirect Method of Calibration?" (DOI:10.1080/13645579.2022.2110732
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