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This paper is an updated version of a previous working paper, Capital Budgeting in the Presence of Managerial Overconfidence and Optimism, by the same authors. Financial support by the Rodney L. white Center for Financial Research is gratefully acknowledged. The authors would like to thank Andrew Abel, Jonathan Berk, Domenico Cuoco, David Denis, Janice Eberly, Robert Goldstein, Peter Swan, and seminar
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TEACHING PLAN Unit 3 Paradise Lost Teaching Objectives Master the key words and structures, and learn something about the rainforest The students are required to understand the importance of environmental protection Key Points Vocabulary: absorb, atmosphere, contain, economic establish, greenhouse Impression Process, purchase, rainforest, resource, solution, vary, speed up, no more than Carbon dioxide Structure: It is the modern world that has speeded up It is people themselves who are the biggest cause Language points 1. description: an account of what someone or something is like
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Unit 2 More about Computer Text 1 Guess What It is Let's begin this unit with a riddle. Try to guess what it is? It is like a tv. but it is not It is a calculator but it is more than a calculator It is not so mysterious, but it is powerful and intelligent When you want to send or receive e-mail
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Flying there is not half the fun I. Basic listening Practice I Script M: would you prefer a window or an aisle seat, madam? W: Aisle, please. If there's none left, then a wind. w seat is Ok. But I don't like middle seats。 Q: what is the order of the womans preference? C: aisle-wingdow-minddle
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Ⅱ. Listening skills Dialog 1 Girl 1: What do you think of this miniskirt, Amy? pretty hot stuff, eh? Girl 2: Wow... it's pretty short. My mom would never let me wear something like that Girl 1: My mom's cool. She lets me make my own decisions about clothes
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Introduction Alkynes contain a triple bond. General formula is C.H2n-2 Two elements of unsaturation for each triple bond. · Some reactions are like alkenes: addition and oxidation. · Some reactions are specific to alkynes
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Unit 2 Invitation and Arrangement of visits 邀请与答复 Dear Mr/Ms We should like to invite you to attend the 2003 International Fair which will be held from april 29 to May 4 at the above address. Full details on the Fair will be sent in a week We look forward to hearing from you soon, and hope that you will be able to attend Yours faithfully
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How to start up? Initial configuration: Criteria for choosing initial configuration: quick relaxation to the equilibrium state. Random initial configuration: Advantage: liquid-like, easy to generate. Drawback: substantial overlaps at high densities. Use: Monte-Carlo for systems without hard-core interactions. Not suitable for hard-core interactions and MD at high densities
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These notes essentially tie up a few loose ends in Lecture 8; in particular, I exhibit examples of inefficiencies in first- and second-price auctions. I would also like to briefly comment on Questions 1 and 2 in Problem Set 2
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