471 research outputs found

    Myopia drives reckless behavior in response to over-taxation

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    Application of “piercing the corporate veil” doctrine in the Ukrainian law

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    Purpose: In the article, authors develop a structure of applying the gaps of corporate law and the possibility of restricting all possible structures of the legal field in Ukraine. The functioning of corporate law is always exercised according to the principle of the company’s greatest possible involvement in the employee’s everyday life. There is always differentiation emerging, which determines to what extent the existence of corporate spirit and ethics are needed within the society. Design/Methodology/Approach: The method of comparative law was used as the subject of the study, which enabled us to compare the customary rules of law with specific corporate law rules. Additionally, it is appropriate to apply the historical method, which fully reflects that the article elaborates the historical aspect of the development of the studied phenomenon as well as the formation of the holistic component. Findings: The article implements the aspects of managing the legal regulation of corporate law on the basis of modernizing separate provisions of the legal area of a social environment. Practical Implications: The perspectives of applying the corporate law provisions in the state’s economic development can be defined as the conclusions of the study. Originality/Value: The authors clearly demonstrate the obligation to implement the provision that stipulates that the corporate law, in case its principles are violated, has still to be oriented at understanding the specificity of its application in commercial institutions.peer-reviewe

    Etching of random solids: hardening dynamics and self-organized fractality

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    When a finite volume of an etching solution comes in contact with a disordered solid, a complex dynamics of the solid-solution interface develops. Since only the weak parts are corroded, the solid surface hardens progressively. If the etchant is consumed in the chemical reaction, the corrosion dynamics slows down and stops spontaneously leaving a fractal solid surface, which reveals the latent percolation criticality hidden in any random system. Here we introduce and study, both analytically and numerically, a simple model for this phenomenon. In this way we obtain a detailed description of the process in terms of percolation theory. In particular we explain the mechanism of hardening of the surface and connect it to Gradient Percolation.Comment: Latex, aipproc, 6 pages, 3 figures, Proceedings of 6th Granada Seminar on Computational Physic

    International cooperation in combating illicit trafficking in cultural property

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    The paper discusses the basics of international cooperation in the field of combating illicit trafficking in cultural property. The directions of international cooperation in the field of combating illicit trafficking in cultural property and works of art are considered: interaction between international organizations, representatives of governments of UN member states, non-governmental organizations and the private secto

    Multi-Exciton Spectroscopy of a Single Self Assembled Quantum Dot

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    We apply low temperature confocal optical microscopy to spatially resolve, and spectroscopically study a single self assembled quantum dot. By comparing the emission spectra obtained at various excitation levels to a theoretical many body model, we show that: Single exciton radiative recombination is very weak. Sharp spectral lines are due to optical transitions between confined multiexcitonic states among which excitons thermalize within their lifetime. Once these few states are fully occupied, broad bands appear due to transitions between states which contain continuum electrons.Comment: 12 pages, 4 figures, submitted for publication on Jan,28 199

    Absolute and relative stability of loss aversion across contexts

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    Individuals’ decisions under risk tend to be in line with the notion that “losses loom larger than gains”. This loss aversion in decision making is commonly understood as a stable in- dividual preference that is manifested across different contexts. The presumed stability and generality, which underlies the prominence of loss aversion in the literature at large, has been recently questioned by studies reporting how loss aversion can disappear, and even reverse, as a function of the choice context. The present study investigated whether loss aversion reflects a trait-like attitude of avoiding losses or rather individuals’ adaptability to different contexts. We report three experiments investigating the within-subject context sensitivity of loss aversion in a two-alternative forced-choice task. Our results show that the choice context can shift people’s loss aversion, though somewhat inconsistently. Moreover, individual estimates of loss aversion are shown to have a considerable degree of stability. Altogether, these results indicate that even though the absolute value of loss aversion can be affected by external factors such as the choice context, estimates of people’s loss aversion still capture the relative dispositions towards gains and losses across individuals
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