Digital Commons Network^™

The Progressives: Economics, Science, And Race, Herbert J. Hovenkamp

All Faculty Scholarship

This essay is a brief review of Thomas C. Leonard, Illiberal Reformers: Race, Eugenics, and American Economics in the Progressive Era (Princeton Univ. Press 2016).

Rewarding Excellence - Christopher Fawson, Usu Jon M. Huntsman School Of Business

Jon M. Huntsman School of Business News Collection

Professor Chris Fawson has been teaching economics at Utah State University for the past 21 years, during which time he has also been named Department Head and Senior Associate Dean, Director of International Programs, Vice Provost for Academic and International Affairs, Executive Director of Partners in Business, and the International Professor of the Year (2012). Most recently, he was recognized by the Utah Statesman as one of the 50 most influential people on the USU campus. In addition to all that Dr. Fawson has given to Huntsman students through his teaching and leadership, he makes regular financial contributions to the …

Empirical Connections Between The Construct Of Value, The Quality Of Stability, And The Construct Of Regret, William Samuel Morris Jr.

Theses and Dissertations

The term value is a psychological construct frequently used in the social sciences. This research addresses the issue of stability of ratings of perceived value of participants for monetary, tangible, and intangible items that cross contexts. Also elucidated is the relationship of value to regret. Hypothesis one stated that value would be stable across time and different rating conditions. Forty-four participants rated the value of 72 stimulus items at two time points and in different contexts. Paired samples t-tests indicated 28 participants had no statistical difference in scores. Twenty-eight scores out of 44, when applied to a binomial test, indicates …

Results Of The November Survey Of Nebraska Business: December 4, 2015, Eric Thompson

Leading Economic Indicator Reports

Respondents to the November Survey of Nebraska Business had a positive outlook for both employment and sales over the next six months. To be specific, 31 percent of respondents to the November 2015 survey expect to increase sales over the next 6 months while 20 percent expect sales to decrease. At the same time, 20 percent of respondents expect to grow employment compared to 4 percent who expect to reduce it. Businesses in the Southeast Nebraska region, which includes Lincoln, are most optimistic about the outlook for sales and employment. Businesses in the Omaha and Central Nebraska regions are modestly …

Laying Down The "Brics": Enhancing The Portability Of Awards In International Commercial Arbitration, Benjamin C. Mccarty

Benjamin C McCarty

The drafters of the 1958 New York Convention intended Article V(2)(b) to be interpreted narrowly, and while most pro-arbitration national courts do maintain narrowly defined areas of public policy that are sufficient for refusal of the recognition and enforcement of a foreign arbitral award, this is not always the case. Developing states and jurisdictions that maintain corrupt or inefficient judicial systems have shown a greater willingness to invoke the public policy exception for a broader, amorphous variety of reasons. This phenomenon has created a sense of unpredictability among international investors, arbitrators, and business executives as to the amount of deference …

The Economic Impact Of Lifting Sanctions On Iran: How The Joint Comprehensive Plan Of Action Will Affect The Economy Of Iran, Ryan Foley

Washington Semester Program

During the second term of the Obama Administration, the United States and the European Union negotiated a deal with the Islamic Republic of Iran regarding their nuclear program. These negotiations encompassed the relaxing of sanctions on the Iranian economy in exchange for concessions on the part of their nuclear program. This thesis investigates how the deal will affect the economy of Iran and the international oil market, two entities which are deeply intertwined. The findings suggest that the opening of Iran’s economy will almost certainly lead to a strengthening of their domestic economy in the short-term, but that the government …

The Effects Of Individual And Employer Characteristics On Hourly Employee Retention: An Empirical Study, Robert Allen Cobb

Masters Theses

This paper argues that employee tenure length is a function of not only firm specific characteristics and policies, but also individual characteristics, which can be identified and used in the pre-employment selection process. The information learned from this study can help hiring managers in identifying potentially high-production workers, by looking at several key factors that can be measured in a pre-employment application. This paper quantifies how the tenure length of employees can be influenced by not only the characteristics of the applicant, but also by decisions made by the employer. Some of these decisions include the starting wage, the number …

The Economic Implications Of Evolving Aviation Funding Policy In Tennessee, Hunter Pressley Mccracken

Masters Theses

The majority of state funding for capital improvements at Tennessee’s general aviation and commercial airports comes through grants awarded from the Tennessee Transportation Equity Trust Fund (TETF). Through a 4.5 percent sales and use tax on the consumption of aviation fuel, users help to fund the continued improvement and maintenance of aviation facilities around the state. Aircraft refueling operations associated with the FedEx “SuperHub” in Memphis were responsible for two-thirds of the TETF’s revenue for Fiscal Year 2014. In response to speculation that FedEx would relocate its refueling operations to reduce its fuel tax liability, the Tennessee General Assembly passed …

The Myth Of A Secular Economy: Capitalism's Unarticulated Theology, Daniel F. Sebastian

MSU Graduate Theses

The discipline of modern economics has been categorized as based in mathematics and thus dealing only with facts. Religion, on the other hand, is considered one of the primary institutions in society that engenders different values. The stark separation between these two fields is typical of the modern fact-value distinction. The goal of this project is to provide, relying heavily upon Peter L. Berger, a detailed analysis of the value-laden social functions of religion and consider whether economics, specifically capitalism, also carries out these functions. The thesis blurs the lines between economics and religion by showing that capitalism engages in …

Colloquy, Transactional Economics: Victor Goldberg’S Framing Contract Law, Keith A. Rowley, Mark P. Gergen, Victor Goldberg, Stewart Mcaulay

Mark P. Gergen

Panel discussion among law faculty who teach contracts of 2007 book authored by Victor Goldberg, which suggests that an economic approach to contract interpretation is appropriate.

Testing, Diversity, And Merit: A Reply To Dan Subotnik And Others, Andrea A. Curcio, Carol L. Chomsky, Eileen Kaufman

Andrea A. Curcio

The false dichotomy between achieving diversity and rewarding merit frequently surfaces in discussions about decisions on university and law school admissions, scholarships, law licenses, jobs, and promotions. “Merit” judgments are often based on the results of standardized tests meant to predict who has the best chance to succeed if given the opportunity to do so. This Article criticizes over-reliance on standardized tests and responds to suggestions that challenging the use of such tests reflects a race-comes-first approach that chooses diversity over merit. Discussing the firefighter exam the led to the Supreme Court decision in Ricci v. DiStefano, as well as …

Essays On Intergovernmental Fiscal Relationship, Bimal Soti

FIU Electronic Theses and Dissertations

The aim of this dissertation is to explore a number of issues in intergovernmental fiscal relationships in the United States. Three independent essays in the dissertation focus on three different issues of interest in public finance: the response of school districts and county governments to changes in state government grant allocations; political determinants of presidential disaster declarations; and the crowding out of federal transfers to states by private charitable donations with special reference to the proportion of federal welfare grants to all 50 U.S. states over the period 2005 - 2013.

Results in the first essay show that decreases in …

Gwu Program To Spotlight Ethics In Social Media, Office Of University Communications

Gardner-Webb NewsCenter Archive

Social media ethics will be in the spotlight during Gardner-Webb University’s Dimensions program Nov. 17 in the Tucker Student Center. The program begins at 9:25 a.m. and is free and open to the public. Joe Jones, a digital and social media marketing professional for 12 years, will be the guest speaker.

Judicial Treatment Of The Antitrust Treatise, Hillary Greene, D. Daniel Sokol

D. Daniel Sokol

This essay examines Herbert Hovenkamp's influence in antitrust law and policy in the courts. This essay focuses its attention primarily with the Treatise and primarily in the area of merger law – procedural with issues of antitrust injury and substantively with merger efficiencies. The essay provides a case count citation analysis of Hovenkamp's scholarship and compares Hovenkamp to other major figures in antitrust scholarship (Bork and Posner) and to the other antitrust treatises (Kintner and Sullivan) in the courts. Our meta-level findings show that Hovenkamp is far more cited than other treatise writers or scholars who have been recognized for …

Irish Gms Cost Projections And Its Implications Between 2016 And 2026, Aisling Conway Lenihan, Noel Woods

Dept. of Management & Enterprise Publications

Introduction: Ireland had one of the highest pharmaceutical spends per capita in the EU in 2012. The General Medical Services (GMS) scheme is the largest community drug scheme in Ireland with approximately 40% of the population eligible for free drugs and appliances in 2012. The total cost of GMS prescriptions increased by 414% between 1998 and 2012. This paper projects Irish GMS cost from 2016 to 2026 and examines the implications of the estimated impact on GMS expenditure.

Method: Central Statistics Office (CSO) population projections (2013) and HSE-PCRS GMS population prescription data (2012) were used to develop four variables; population, …

Results Of The October Survey Of Nebraska Business: November 6, 2015, Eric Thompson

Leading Economic Indicator Reports

Copyright 2016 Eric Thompson

Virginia's Water Resource Law: A System Of Exemptions And Preferences Challenging The Future Of Public Health, The Environment, And Economic Development, Jefferson D. Reynolds

University of Richmond Law Review

No abstract provided.

A Practitioner’S Guide To Testing Regional Industrial Localization, Andrew J. Cassey, Ben O. Smith

Economics Faculty Publications

The Ellison-Glaeser index is an unbiased measure of geographic industrial localization that improves upon simpler measures, such as the location quotient. We develop and describe software that allows for the Ellison-Glaeser index to be used in a statistical test to assess the chance that a particular industry is geographically localized. We give instructions on how to install the software, run the program, and interpret the results.

Public Choice Economics Consistent With A Biblical Worldview, Jeffrey E. Haymond

Business Administration Faculty Presentations

Public choice economics is often criticized by its critics not primarily for its lack of empirical content, but more often from its incomplete view of human nature; i.e., its “cynicism.” Even supporters seem to implicitly accept the critics’ view of public choice as only allowing a view of government from a selfish perspective. In this article, I will examine the biblical basis for the fundamental assumption of public choice: that individuals act according to their self-interest, whether in the public or the private sector. I will argue that a true view of human nature will include the biblical view of …

Spectrum License Design, Sharing, And Exclusion Rights, William H. Lehr

University of Illinois Journal of Law, Technology & Policy

The FCC is in the midst of a rulemaking to create a novel tripartite sharing regime in the 3.5GHz band. This has the potential to be a watershed event in the decades long transition toward more flexible and dynamic, market-based spectrum management. As part of this proceeding, Lehr (2014b) proposed interpreting commercial licenses to protected access as options contracts that explicitly separated the interference protection and exclusion rights as a way to endogenize market-based incentives to share spectrum. This paper builds on Lehr (2014b) by setting forth the larger vision implicit in the earlier proposal and expanding on the case …

Total U.S. Cost Evaluation Of Low-Weight Tension-Based Photovoltaic Flat-Roof Mounted Racking, B. T. Wittbrodt, Joshua M. Pearce

Joshua M. Pearce

The economics in the U.S. of solar photovoltaic (PV) systems is changing rapidly as the cost per unit power of PV modules has dropped quickly. These costs reductions have two important results: marked decrease in levelized cost of electricity (LCOE) into ranges competitive or better than traditional electricity-generation technologies and the economic role of racking has been gaining prominence relative to that of modules. As the relative importance of costs of PV racking has been marginal historically, there has been relatively little progress on reducing the materials and costs associated with it, which has caused racking to contribute to a …

Why Have Strong Legislative Acts Had Weak Economic Effects?, Douglas W. Mackenzie Ph.D.

Douglas W MacKenzie Ph.D.

Responses to the 2008 crisis were dramatic. Government officials enacted unprecedented acts of legislation and policies, with the intent of improving economic conditions. While measures taken to improve economic conditions were aggressive, the results of these measures have been disappointing. The aggressive and controversial nature of policy responses to the 2008 Crisis caused high levels of uncertainty about the public policy. There is correlation between levels of “economic policy uncertainty” and hiring of new employees. The statistical correlation between uncertainty and hiring is important in explaining the weak response of economic conditions to policies of the past eight years.

Law, Economics, And Evolutionary Theory: State Of The Art And Interdisciplinary Perspectives, Peer Zumbansen, Gralf-Peter Calliess

Peer Zumbansen

This paper is the introduction essay to an edited collection entitled “Law, Economics, and Evolutionary Theory”, forthcoming with Edward Elgar. The volume brings together work by legal scholars, economists, historians and sociologists and aims at a critical investigation of the parallel and often competing theoretical architectures of legal and economic governance from an evolutionary perspective. By reconstructing discussions in law over the relationship between legal realism, law & society, and law & economics, and in economics over the merits and prospects of institutional and neo-institutional economics from an evolutionary perspective, the introduction argues that a theory of governance must today …

Thinking Twice About A Gold Rush: Pacrim Cayman Llc V. El Salvador, Gus Van Harten

Gus Van Harten

No abstract provided.

Results Of The September Survey Of Nebraska Business: October 2, 2015, Eric Thompson

Leading Economic Indicator Reports

Respondents to the September Survey of Nebraska Business had a positive outlook for employment growth and a slightly positive outlook for sales growth over the next six months. To be specific, 27 percent of respondents to the September 2015 survey expected to increase sales over the next 6 months while 24 percent expected to decrease sales. Respondents also were more likely to plan to increase employment (12%) than reduce it (5%). Businesses in the Northeast Nebraska region were the most optimistic about their outlook for the next six months, followed by the Omaha region. The outlook also was modestly positive …

Free Trade Then And Now, Or Still Manchester United, Maimon Schwarzschild

Faculty Scholarship

No abstract provided.

Ce Fall 2015, Coyote Economist

Coyote Economist

Inside this Issue:
Commencement................................2
Pizza Party.........................................2
Econ Student Scholarship...............2
Tentative Winter Schedule...............6
Tentative Spring Schedule...............6

Aggregate Demand And Defensive Spending In The United States From The Second World War To The End Of The Twentieth Century, Sam Martin

Student Writing

No abstract provided.

Destination-Based Cash-Flow Taxation: A Critical Appraisal, Wei Cui

Wei Cui

This Article offers the first comprehensive appraisal in both the legal and economic literatures of proposals for adopting destination-based cash flow taxation (DCFT) of multinational corporations. The DCFT was a key recommendation for reforming corporate taxation in the U.K., and has subsequently attracted wide attention as a way to fundamentally reform international taxation in the U.S., Europe and elsewhere. The core intuition of the DCFT is to tax profits earned by mobile capital by reference to immobile factors. I distinguish three versions of the DCFT for implementing this intuition: 1. formulary apportionment of business profits by reference to locations of …

Individual And Collective Sovereignty In The Corporate Enterprise (Reviewing Frank H. Easterbrook & Daniel R. Fishel, The Economic Structure Of Corporate Law (1991) And Robert N. Bellah Et Al., The Good Society (1991), Lyman P. Q. Johnson

Lyman P. Q. Johnson

Not available.