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Full-Text Articles in Business

Myths And Realities Of College Retirement, Dennis Vredenburg Oct 2009

Myths And Realities Of College Retirement, Dennis Vredenburg

Mountain Plains Journal of Business and Technology

This paper will discuss the present difficulties being experienced by American college professors with respect to their planning and preparing for retirement. Current macroeconomic conditions are forcing state and institutional budget and program cuts at colleges and universities across the country, increasing job insecurity for many academics. Simultaneously, stock market losses, reductions in the values of real estate, the erosion of the value of personal pensions, and other related challenges are forcing many seasoned American college professors to rethink their retirement plans. Relatively new options exist for today’s academic instructors as well, including not retiring at all, whether for financial …


A Freer Markets Approach To Fixing The Housing Market, Clark L. Maxam, Marycarol B. Maxam Oct 2009

A Freer Markets Approach To Fixing The Housing Market, Clark L. Maxam, Marycarol B. Maxam

Mountain Plains Journal of Business and Technology

The unprecedented level of government intervention in recent financial markets has mainly ignored the root cause of the financial institution balance sheet problem: housing prices. Rather than apply taxpayer dollars to the symptoms (i.e. buying securities), policies directed at reducing inefficiencies and poor incentives in the housing market will help fix the system from the bottom up and motivate the substantial capital waiting in the wings to buy distressed housing assets. This paper proposes eliminating some of these frictions and inducing positive optionality in the housing market to better incentivize fresh housing investment at a much lower cost than many …


A Case For Teaching Business Ethics In A Cost-Benefits Framework: Are Business Students More Discriminating In Their Decision Making?, Steven R. Cox, Kathy Parkison, Dianne M. Roden Oct 2009

A Case For Teaching Business Ethics In A Cost-Benefits Framework: Are Business Students More Discriminating In Their Decision Making?, Steven R. Cox, Kathy Parkison, Dianne M. Roden

Mountain Plains Journal of Business and Technology

"Based on a survey questionnaire of 299 university students, we find that business majors act more ethically than other majors in some cases and less ethically in others. Business students appear more likely to adopt the consequentialist framework to evaluate ethical dilemmas. Our results are consistent with business students being more discriminating based on the perceived costs and benefits of each case. We find differences in behavior based on active versus passive unethical behavior and based on the identity of the potentially harmed party. This evidence suggests that business school curricula that focus on acting ethically because it is the …


Why Os/2 Failed: Business Mistakes Compounded By Memory Prices, Eric G. Swedin Oct 2009

Why Os/2 Failed: Business Mistakes Compounded By Memory Prices, Eric G. Swedin

Mountain Plains Journal of Business and Technology

"In 2006, IBM ended their support of OS/2, closing the book on an ambitious effort to create a modern operating system for the personal computer. IBM and Microsoft released the OS/2 operating system in December 1987 to replace the primitive DOS with a more sophisticated, preemptive multitasking operating system for personal computers. This article argues that OS/2 failed because of the U.S.-Japan Semiconductor Trade Agreement of 1986, subsequent accusations of DRAM chip dumping by the United States, and the resulting tariffs on Japanese memory chips, led to a memory chip shortage that drove up memory prices. OS/2 required substantially more …


Using The Federal Reserve Bank Of San Francisco’S Online Fed Chairman Game In The Classroom, Derek Stimel Oct 2009

Using The Federal Reserve Bank Of San Francisco’S Online Fed Chairman Game In The Classroom, Derek Stimel

Mountain Plains Journal of Business and Technology

"We describe the interactive Fed Chairman Game available on the Federal Reserve Bank of San Francisco’s website. We discuss how the game can be used in principles of macroeconomics and provide an assignment to go along with it. Also, we discuss an assignment that can be used to adapt the game for an upper division course such as intermediate macroeconomics or money and banking, using Microsoft Excel. The game is a type of active learning. "


Perspectives On The Sources And Eventual Outcome Of The 2008 Economic And Financial Crisis: A Panel Discussion, Stephen T. Evans, David Tufte, Steven D. Harrop, Robb Kerry, Joe G. Baker Oct 2009

Perspectives On The Sources And Eventual Outcome Of The 2008 Economic And Financial Crisis: A Panel Discussion, Stephen T. Evans, David Tufte, Steven D. Harrop, Robb Kerry, Joe G. Baker

Mountain Plains Journal of Business and Technology

"In October 2008 the Southern Utah University School of Business held a panel discussion on the current economic crisis. This discussion was part of the School’s Business Convocation series and was open to the public. The panel was designed with two components in mind. First, a pair of academics with expertise in financial institutions and business cycles offered historical and theoretical perspectives on the crisis. Second, a pair of professionals – a local banking official and a fund manager – offered perspectives on the current financial situation and practical experience based on the policy responses to past crises. As moderator, …