I was the discussant for this paper at Hawaii Accounting Research Conference 2020 on the UH Hilo campus:
by Carlos Corona and Tae-Wook Ryan Kim
I learned that research in the Theory Track of the accounting discipline primarily is about mathematical modeling of the effects of government policies and business decisions. It borrows methods from economics for such modeling. In the case of the Corona-Kim paper: quadratic programming without constraints, and exponential utility functions. Usually these are not empirical papers, i.e., they don’t test the model explicitly against data. Indeed this would be hard to do with notions like “intensity of scrutiny”.