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Economics

2012

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Institution
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The Hospitality Industry's Lmpact On The State Of Nevada: A Summary & Review, Shannon Bybee, Jeremy A. Aguero Dec 2012

The Hospitality Industry's Lmpact On The State Of Nevada: A Summary & Review, Shannon Bybee, Jeremy A. Aguero

UNLV Gaming Research & Review Journal

This article summarizes the economic, fiscal, and social impact findings of The Hospitality Industry's Impact on the State of Nevada, a report issued in November1998 by the International Gaming Institute. This summary includes data on jobs, wages, output, taxes, crime, and other social issues. A brief discussion is included regarding the authors' opinions of the state's dependence on the hospitality industry and gaming taxes, as well as the potential ramifications of this dependence in a changing economic environment.


The Sherman Act And The Balance Of Power, David K. Millon Dec 2012

The Sherman Act And The Balance Of Power, David K. Millon

David K. Millon

None available.


New Game Plan Or Business As Usual? A Critique Of The Team Production Model Of Corporate Law, David K. Millon Dec 2012

New Game Plan Or Business As Usual? A Critique Of The Team Production Model Of Corporate Law, David K. Millon

David K. Millon

None available.


Territorial Behavior And The Economics Of Botnets, Craig S. Wright Dec 2012

Territorial Behavior And The Economics Of Botnets, Craig S. Wright

Australian Information Security Management Conference

This paper looks at the economics associated with botnets. This research can be used to calculate territorial sizes for online criminal networks. Looking at the types of systems we can compare the time required to maintain the botnet against the benefits received. In doing this it will be possible to formulate economic defence strategies that reduce the benefits received through the control of the botnet. We look at the decision to be territorial or not from the perspective of the criminal bot-herder. This is extended to an analysis of territorial size. The criminal running a botnet seeks to maximize profit. …


U.S. Monetary Policy: Qe3, Warren Coats Dec 2012

U.S. Monetary Policy: Qe3, Warren Coats

Warren Coats

The Federal Reserve’s latest round of quantitative easing (QE3) is not likely to help the U.S. economy’s recovery, which is already underway, but increases the risks of new asset bubbles and inflation.


Three Essays On Institutions, Financial Markets And Foreign Direct Investment, Tuan Viet Le Dec 2012

Three Essays On Institutions, Financial Markets And Foreign Direct Investment, Tuan Viet Le

Graduate Theses, Dissertations, and Problem Reports

This dissertation is composed of three essays in financial economics and development economics. The underlying theme in three essays is about the impact of institution quality on financial markets and foreign direct investment (FDI). There are five chapters included in this dissertation. Chapter one is the introduction. Chapter two of my dissertation investigates the connection between freedom of the press and equity returns in emerging market firms. Freedom of the press is argued to affect systematic risk in financial markets and thus, has impact on returns of financial assets. The study reveals that there is significant connection between freedom of …


Assessment Of The Economic Impacts Of Recreational Boating In Virginia, Thomas J. Murray Dec 2012

Assessment Of The Economic Impacts Of Recreational Boating In Virginia, Thomas J. Murray

Reports

Virginia is home to more than 200,000 recreational boats, providing a gateway to marine recreation in Chesapeake Bay and offshore waters. Virginia’s importance to boating access carries with it an expanding economy related to boating and boating related industries.

In addition to the large group of boater-citizens who reside in Virginia, local marine businesses such as marinas also provide access and berthing to many non-locally owned watercraft. While watercraft registrations provide a partial and useful estimate of the stock of boats in a region, the true economic impact arising from recreational boating primarily depends upon the type of boats as …


A Case Study Using Principal-Agent Theory To Explore How A Public, Four Year University Interacts With A System Office, Annie Macias Dec 2012

A Case Study Using Principal-Agent Theory To Explore How A Public, Four Year University Interacts With A System Office, Annie Macias

UNLV Theses, Dissertations, Professional Papers, and Capstones

The focus of this research was to examine the funding relationship between a single public institution of higher education and its accompanying system office. Such a study is important in order to obtain insight into the relationship between a System Office and an institution, and thus how institutions carry out their fiscal responsibilities, not directly to the state but to the System Office they serve. The study provides insight into how the System Office communicates and transacts with an institution regarding financial allocations. Also important is whether that institution receives effective communication and whether the institution's perceived expectations are as …


Evaluating Participatory Modeling: Developing A Framework For Cross-Case Analysis. Socio-Economics And The Environment In Discussion (Seed), Natalie A. Jones, Pascal Perez, Thomas G. Measham, Gail J. Kelly, Patrick D'Aquino, Katherine Daniell, Anne Dray, Nils Ferrand Nov 2012

Evaluating Participatory Modeling: Developing A Framework For Cross-Case Analysis. Socio-Economics And The Environment In Discussion (Seed), Natalie A. Jones, Pascal Perez, Thomas G. Measham, Gail J. Kelly, Patrick D'Aquino, Katherine Daniell, Anne Dray, Nils Ferrand

Professor Pascal Perez

Participatory modeling is increasingly recognised as an effective way to assist collective decision-making processes in the domain of natural resource management. This paper introduces a framework for evaluating projects that have adopted a participatory modeling approach. This framework – known as the ‘Protocol of Canberra’ – was developed through a collaboration between French and Australian researchers engaged in participatory modeling and evaluation research. The framework seeks to assess the extent to which different participatory modeling practices reinforce or divert from the theoretical assumptions they are built upon. The paper discusses the application of the framework in three case-studies, two from …


Don't Do What Australia Has Done, R. Nillsen Nov 2012

Don't Do What Australia Has Done, R. Nillsen

Professor Rodney Nillsen

The paper describes and analyses the environment in Australian universities since the changes initiated under the Labor government in 1988 by John Dawkins. It looks at the role and interplay of ideas in the changing intellectual culture in universities, in particular the common effect of the ideas of both liberal economics and postmodernism, and the tensions between corporate values and open enquiry. It raises the issues of the extent to which universities should have a distinct set of values from wider society, and the basis upon which universities should exist as distinctive institutions.


Slides: Colorado’S Groundwater Protection Program, Andrew Ross Nov 2012

Slides: Colorado’S Groundwater Protection Program, Andrew Ross

Monitoring and Protecting Groundwater During Oil and Gas Development (November 26)

Presenter: Andrew Ross, Colorado Department of Public Health and Environment

22 slides


The Economics Of Open Source, Christopher H. Hoebeke Nov 2012

The Economics Of Open Source, Christopher H. Hoebeke

Christopher H Hoebeke

No abstract provided.


The Supreme Court's Theory Of The Fund, William Birdthistle Nov 2012

The Supreme Court's Theory Of The Fund, William Birdthistle

All Faculty Scholarship

Just as the firm has long served as the foundational molecule of the U.S. capitalist economy, theories of the firm have for more than a century dominated legal and economic discourse. Ever since Ronald Coase published The Nature of the Firm in 1937 and asked why firms should exist in an efficient market, classicists and neoclassicists have competed to develop theories — predominantly managerialist and contractual — that best explain the structure and behavior of business organizations.

The investment fund, by contrast, has languished at the margins of corporate theory, relegated as simply a minor, if somewhat curious, example of …


The George-Anne, Georgia Southern University Nov 2012

The George-Anne, Georgia Southern University

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Law Of Trade In Human Rights: A Legal Analysis Of The Intersection Of The General Trade Agreement Of Tariff’S Article Xx(B) And Labor Rights Of Children., Paul Cook Nov 2012

Law Of Trade In Human Rights: A Legal Analysis Of The Intersection Of The General Trade Agreement Of Tariff’S Article Xx(B) And Labor Rights Of Children., Paul Cook

Paul Cook

China's child labor is on the rise with its 8% annual economic growth. Children are valued for their labor for several reasons: their cheaper price, their ignorance of their legal rights, their dexterous hands, and good eye sight. The use of juvenile labor is most prevalent in the following industries: toy production, textiles, construction, food production, and light mechanical work. Underage laborers are particularly vulnerable to job related hazards resulting in injury and death, and this is because they tend to be less aware of workplace hazards than do adult workers. Children begin work as early as twelve years old …


An Economic View Of Innovation And Property Right Protection In The Expanded Regulatory State, J. Miles Hanisee Nov 2012

An Economic View Of Innovation And Property Right Protection In The Expanded Regulatory State, J. Miles Hanisee

Pepperdine Law Review

No abstract provided.


A Call For Action: An Analysis Of The Impending Regulatory Crisis In The Municipal Securities Market, Philip Grommet Nov 2012

A Call For Action: An Analysis Of The Impending Regulatory Crisis In The Municipal Securities Market, Philip Grommet

Philip Grommet

This Article warns of an impending regulatory crisis in the municipal securities market. The municipal securities market is an integral tool that allows state and local governments to implement important public interest projects by appealing to retail investors seeking tax-exempt income. Its regulation has garnered little attention – aside from the market’s characterization as “sleepy.” However, the market has grown exponentially and today’s market is increasingly populated with complex financial instruments. Quite simply, its regulation has not kept pace with developments in the market. Municipal securities issuers are not subject to the general registration requirements of the Securities Act of …


A Matter Of Scale: Assessing The Great Recession Against The Great Depression, Steven L. Danver Nov 2012

A Matter Of Scale: Assessing The Great Recession Against The Great Depression, Steven L. Danver

Walden Faculty and Staff Publications

The Great Depression of the 1930s and the Great Recession of the late 2000s are compared using economic, social, and political measures to determine if the later economic downturn was as much of a bellwether event as its predecessor.


Markets As A Moral Foundation For Contract Law, Nathan B. Oman Nov 2012

Markets As A Moral Foundation For Contract Law, Nathan B. Oman

Faculty Publications

No abstract provided.


Marketing Strategies For Organic And Natural Meat Producers, Kynda Curtis, Shane Feuz, Nelissa Aybar Nov 2012

Marketing Strategies For Organic And Natural Meat Producers, Kynda Curtis, Shane Feuz, Nelissa Aybar

All Current Publications

In-person consumer surveys concerning meat consumption preferences and willingness to pay for specialty meat products were carried out in the fall of 2007 (Wang, Curtis, and Moeltner, 2011).


A Paradox In Employment: The Contradiction That Exists Between Immigration Laws And Outsourcing Practices, And Its Impact On The Legal And Illegal Minority Working Classes, Mary O'Sullivan Oct 2012

A Paradox In Employment: The Contradiction That Exists Between Immigration Laws And Outsourcing Practices, And Its Impact On The Legal And Illegal Minority Working Classes, Mary O'Sullivan

Mary T O'Sullivan

The drastic distinctions between the United States’ immigration and outsourcing policies have created a system where American companies are able to send unlimited jobs overseas, yet, have very restricted ability to bring workers to domestic offices and factories. Restrictive immigration policies seek to protect American jobs, while liberal outsourcing regulations permit, and encourage, employers to send jobs outside of the United States. As a result, the United States’ outsourcing policy sabotages the purpose of American immigration laws. The uncertainty of the contradiction between immigration and outsourcing policy may be the cause of unusually high unemployment numbers, particularly in the minority …


Disparities In Globalization Of The World Economies, Sudhanshu K. Mishra, Binod Kumar Oct 2012

Disparities In Globalization Of The World Economies, Sudhanshu K. Mishra, Binod Kumar

Sudhanshu K Mishra

This paper constructs composite indices of globalization of 131 countries spread over the five continents and classified into World-I, World-II and World-III countries. KOF, the Business Cycle Research Institute in the Swiss Federal Institute of Technology, Zurich is the source of data used in this study. The Composite Indices of Globalization have been computed by Pena’s method, which attributes the most desirable properties to the indices so constructed. On the basis of these indices, the paper investigates into the trends of globalization and disparities in globalization for a period of 11 years (1999-2009). Disparities have been obtained as the Gini’s …


Community Development Or Business Promotion? A Look At Sports-Led Economic Development, John P. Pelissero, Beth Henschen, Edward Sidlow Oct 2012

Community Development Or Business Promotion? A Look At Sports-Led Economic Development, John P. Pelissero, Beth Henschen, Edward Sidlow

John P. Pelissero

No abstract provided.


Papers, Abstracts, And Proceedings Of The Seventh Annual Himalayan Policy Research Conference, Vijaya R. Sharma, Mukti P. Upadhyay, Jeffry Drope, Naresh Nepal, Alok Bohara Oct 2012

Papers, Abstracts, And Proceedings Of The Seventh Annual Himalayan Policy Research Conference, Vijaya R. Sharma, Mukti P. Upadhyay, Jeffry Drope, Naresh Nepal, Alok Bohara

Himalayan Research Papers Archive

Papers and abstracts from the Seventh Annual Himalayan Policy Research Conference (HPRC) held at the Madison Concourse Hotel and Governor's Club in Madison, WI. The event was a pre-conference proceeding of the 41st South Asian Conference at the University of Wisconsin, Madison on October 11, 2012. Session topics included South-South Cooperation and Developmental Issues, Resources and Environment, Political and Administrative Restructuring, and Gender, Ethnic, Health and Education Issues.


The U.S. No Longer Makes The Grade: Economic Inequality Put An End To The 'American Century', David S. Mason Oct 2012

The U.S. No Longer Makes The Grade: Economic Inequality Put An End To The 'American Century', David S. Mason

David S. Mason

In his State of the Union address last January, U.S. President Barack Obama said that "anyone who tells you that America is in decline or that our influence has waned, doesn't know what they're talking about." Former Utah Gov. Jon Huntsman, when in the race for the 2012 Republican presidential nomination, warned that unless Americans changed directions, they would see the "end of the American century by 2015." As bright and capable as both of these politicians are, they are both whistling in the wind. The American century - the post-World War II era of U.S. global leadership and dominance …


Providing A Foundation For Wealth For Wealth Creation And Development In Africa: The Role Of The Rule Of Law, John Mukum Mbaku Oct 2012

Providing A Foundation For Wealth For Wealth Creation And Development In Africa: The Role Of The Rule Of Law, John Mukum Mbaku

JOHN MUKUM MBAKU

PROVIDING A FOUNDATION FOR WEALTH CREATION AND DEVELOPMENT IN AFRICA: THE ROLE OF THE RULE OF LAW JOHN MUKUM MBAKU ABSTRACT This paper examines the struggle in Africa to alleviate and eventually eradicate poverty. It is argued that the most effective way for African countries to deal with poverty is to create wealth. Unfortunately, these countries have not been able to create the wealth that they need to confront poverty. This is due primarily to the fact that since independence, these countries have not been able to undertake democratic institutional reforms to create and adopt institutional arrangements that guarantee and …


2012 – A Performance Review For Restaurant Firms, Atul Sheel Oct 2012

2012 – A Performance Review For Restaurant Firms, Atul Sheel

Journal of Hospitality Financial Management

No abstract provided.


The Proverbs 31 Woman: Entrepreneurial Epitome?, Jeffrey E. Haymond Oct 2012

The Proverbs 31 Woman: Entrepreneurial Epitome?, Jeffrey E. Haymond

Business Administration Faculty Publications

This article provides an exegesis of Proverbs 31:10-31 from an economic perspective, portraying the Proverbs 31 woman as an ideal entrepreneur. She is industrious, generous, and pious in all her actions, specializing in small-scale capitalist production. As such, her behavior is consistent with the vision of entrepreneurship found in Mises and Knight. Proverbs is part of the biblical "wisdom" literature, and the specific texts viewed are intended to showcase her worthiness. Her actions are provided as proof that “many daughters have done nobly, but you excel them all,” and provide a model to emulate. The woman (or man) who serves …


The U.S. No Longer Makes The Grade: Economic Inequality Put An End To The 'American Century', David S. Mason Oct 2012

The U.S. No Longer Makes The Grade: Economic Inequality Put An End To The 'American Century', David S. Mason

Scholarship and Professional Work - LAS

In his State of the Union address last January, U.S. President Barack Obama said that "anyone who tells you that America is in decline or that our influence has waned, doesn't know what they're talking about." Former Utah Gov. Jon Huntsman, when in the race for the 2012 Republican presidential nomination, warned that unless Americans changed directions, they would see the "end of the American century by 2015." As bright and capable as both of these politicians are, they are both whistling in the wind. The American century - the post-World War II era of U.S. global leadership and dominance …


Assessing Whether Oil Dependency In Venezuela Contributes To National Instability, Adam Kott Oct 2012

Assessing Whether Oil Dependency In Venezuela Contributes To National Instability, Adam Kott

Journal of Strategic Security

The focus of this article is on what role, if any, oil has on Venezuela's instability. When trying to explain why a resource-rich country experiences slow or negative growth, experts often point to the resource curse. The following pages explore the traditional theory behind the resource curse as well as alternative perspectives to this theory such as ownership structure and the correlation between oil prices and democracy. This article also explores the various forms of instability within Venezuela and their causes. Finally, the article looks at President Hugo Chavez's political and economic policies as well as the stagnation of the …