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Economics

2015

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Full-Text Articles in Business

Rewarding Excellence - Christopher Fawson, Usu Jon M. Huntsman School Of Business Dec 2015

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 …


Economics As A Cultural System, Raymond Benton Dec 2015

Economics As A Cultural System, Raymond Benton

Raymond Benton Jr.

This article is an attempt to think about economic theory. The vehicle for thinking about it will be anthropology's concept of culture; the end result will be to suggest that economics is a cultural system, more specifically, that economics is a sacred cultural system. In order to give expression to this view it will be necessary to first sketch the concept of culture as created and historically transmitted systems of symbols and meanings. The argument has been brief and suggestive rather than long and decisive; more exploratory than conclusive. If it is correct, or at least correct in its orientation, …


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

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 …


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

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

Leading Economic Indicator Reports

Copyright 2016 Eric Thompson


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

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 …


The Genesis Of The Graziadio School Of Business And Management: A Little Department At A Small Liberal Arts College Transforms Into A Nimble, Notable School At A Dynamic, Expanding University, Edward Rockey Sep 2015

The Genesis Of The Graziadio School Of Business And Management: A Little Department At A Small Liberal Arts College Transforms Into A Nimble, Notable School At A Dynamic, Expanding University, Edward Rockey

GSBM Faculty Scholarship

At Pepperdine College, during the mid-1960’s, a small Department of Business Administration and Economics, with only three full-time faculty members and two “Auxiliary” faculty, began to grow into what is now known as the Graziadio School of Business and Management at Pepperdine University. This document about the beginnings of what became GSBM does not attempt to be an exhaustive history. Covering the period of the mid-1960’s and then the 1968- 78 deanship of Donald R. Sime, it focuses primarily on such aspects as: The school’s energetic, entrepreneurial dynamics; its remarkable growth in a short period of time; and its distinctive …


Results Of The August Survey Of Nebraska Business: September 4, 2015, Eric Thompson Sep 2015

Results Of The August Survey Of Nebraska Business: September 4, 2015, Eric Thompson

Leading Economic Indicator Reports

Respondents to the August Survey of Nebraska Business had a positive outlook for sales and employment growth over the next six months. To be specific, 28 percent of respondents to the August 2015 survey expected to increase sales over the next 6 months while 18 percent expected to decrease sales. Respondents also were more likely to plan to increase employment (12%) than reduce it (5%). Businesses in the Omaha and Central Nebraska regions were the most optimistic about their outlook for the next six months, particularly for employment. The outlook also was positive in Northeast and Southeast Nebraska and neutral …


Results Of The July Survey Of Nebraska Business: August 7, 2015, Eric Thompson Aug 2015

Results Of The July Survey Of Nebraska Business: August 7, 2015, Eric Thompson

Leading Economic Indicator Reports

Respondents to the July Survey of Nebraska Business reported optimism for business sales and employment growth over the next six months. To be specific, 27 percent of respondents to the July 2015 survey expected to increase sales over the next 6 months while 13 percent expected to decrease sales. Respondents also were much more likely to plan to increase employment (14%) than reduce it (4%). Businesses in the Omaha area were particularly optimistic about the outlook for sales and employment. Elsewhere in the state, businesses in Central Nebraska were optimistic in their outlook while businesses in Southeast Nebraska were positive. …


2014 Economic Contribution Of Nonresident Travel Spending In Montana Travel Regions And Counties, Kara Grau Jul 2015

2014 Economic Contribution Of Nonresident Travel Spending In Montana Travel Regions And Counties, Kara Grau

Institute for Tourism and Recreation Research Publications

Money spent by those traveling to and through Montana has an effect not only on the businesses where spending occurs, but it ripples throughout the state’s economy, as well. Statewide, spending by nonresidents (averaged over two years) totaled $3.79 billion. This report details the methods and results of the economic impact analyses for each of Montana’s travel regions, as well as analyses for counties in which nonresident travelers spent approximately $50 million or more.


Designing Survey Methods To Evaluate The Undeclared Economy: A Review Of The Options, Colin C. Williams Jun 2015

Designing Survey Methods To Evaluate The Undeclared Economy: A Review Of The Options, Colin C. Williams

Colin C Williams

This Working Paper is part of the GREY project which is developing capacities and capabilities in tackling undeclared work. In this Working Paper, the various options available to researchers when designing surveys to tackle undeclared work are evaluated. These issues include the unit of analysis used, the data collection methodology, an array of questionnaire design issues (including the reference period, whether to define the phenomenon for participants, a direct versus gradual approach to sensitive issues, whether to do a supply- and/or demand-side survey; whether to examine the relationship between purchasers and sellers, how to discourage social desirability bias), sample size, …


Laboratory Experiments In Economics: Coming Of Age, Shyam Sunder Jun 2015

Laboratory Experiments In Economics: Coming Of Age, Shyam Sunder

Shyam Sunder

No abstract provided.


The Economics Of Successful Billboard Advertising, Alexa Thomas Jun 2015

The Economics Of Successful Billboard Advertising, Alexa Thomas

Graphic Communication

This study explains the economics of billboard advertising, specifically pertaining to the internal and external elements that make them effective for both consumers and the brand. Billboards have been used as an advertising medium for more than a century, and are still used today. The question is, “What about billboards make them so effective?” Secondary research was examined to better understand the history of billboards, how they compare to other mediums, and the elements experts consider throughout the campaign process. After analyzing secondary articles and studies, primary research was conducted by interviewing a sample of consumers and experts to determine …


2014 Nonresident Visitation, Expenditures, And Economic Impact Estimates: Estimates By Full Year, Quarters, Trip Purposes, And International Visitors., Kara Grau May 2015

2014 Nonresident Visitation, Expenditures, And Economic Impact Estimates: Estimates By Full Year, Quarters, Trip Purposes, And International Visitors., Kara Grau

Institute for Tourism and Recreation Research Publications

A collection of 2014 full year and quarterly estimates of nonresident visitation, expenditures by nonresident travelers, and economic impact estimates, including expenditures by purpose of trip, airport of arrival, and international visitors.


Shaky Foundations: The Tradeoff Between Structural Safety And Financial Security, Grace Daly May 2015

Shaky Foundations: The Tradeoff Between Structural Safety And Financial Security, Grace Daly

Undergraduate Honors Theses

This paper investigates the relationship between the financial positions of a subcontractor and their performance on the construction site. Financial default by a subcontractor can cost general contractors additional time and expense, as they try to find replacements and keep the projects on schedule. This highlights the importance of vetting subcontractors before awarding a bid. This study attempts to bridge the gap between the subjective nature of construction quality and the more technical financial analysis in determining the overall quality of subcontractors. Safety measures are also incorporated into performance ratings. Data is collected for the years 2009 through 2014 from …


[Review Of The Book Sustainable Prosperity In The New Economy? Business Organization And High-Tech Employment In The United States], Rosemary Batt, Jae Eun Lee May 2015

[Review Of The Book Sustainable Prosperity In The New Economy? Business Organization And High-Tech Employment In The United States], Rosemary Batt, Jae Eun Lee

Rosemary Batt

[Excerpt] Best known as a business and economic historian, William (Bill) Lazonick may often escape the view of academics in human resource studies, organizational behavior, and labor relations. This is a mistake. Lazonick's new book, Sustainable Prosperity in the New Economy?, is a must-read for scholars and students in these fields. He has chosen to study an important problem in the real world, has marshaled detailed empirical evidence to support his argument, and has used this evidence to critique conventional theory in economics and management.


The Economic And Financial Effect Of Single Parent Homes, Douglas Sidey Apr 2015

The Economic And Financial Effect Of Single Parent Homes, Douglas Sidey

Senior Honors Theses

A crisis is facing the American population today because of the growing prevalence of single parent homes. This single parenthood produces a cyclical nature in which the families that get started have a hard time removing themselves from the patterns and problems of this cycle. This is due in large part to the financial issues that a family will face due to the divorce from, or loss of, a spouse. These financial issues affect not only the parent that is raising children alone, but it affects the children, the spouse that has left, and the economy at large. This phenomenon, …


Mega-Regional Trade, Joshua Meltzer Mar 2015

Mega-Regional Trade, Joshua Meltzer

Brookings Scholar Lecture Series

This lecture will discuss the impact of the Trans Pacific Partnership negotiations and the Transatlantic Trade and Investment Partnership negotiations on U.S. economic competitiveness and leadership in Asia and Europe. This will lead into a discussion of large Free Trade Areas (FTA), or groups of countries that have few or no price controls in the form of tariffs or quotas between each other. FTAs allow the agreeing nations to focus on their comparative advantages and to produce the goods they are comparatively more efficient at making, thus increasing the efficiency and profitability of each country. We will explore the impact …


A Rationale For Meeting Quotas Asymmetrically, J. Patrick Meister, Robert S. Main Feb 2015

A Rationale For Meeting Quotas Asymmetrically, J. Patrick Meister, Robert S. Main

Robert S. Main

Under certain conditions, otherwise identical, competing firms may find it jointly preferable to face differing degrees of trade barriers on individual products rather than symmetric trade barriers. The key is the ability to reduce marginal production cost via research and development. The economic significance of this insight is that there could be a role for a market for quota allotments. This insight also has applications to Voluntary Export Restraints in which a priori symmetric, restricted firms may prefer to have individual production levels allocated asymmetrically. This indicates the need for detailed studies of how quotas are met by individual firms. …


Financial Anxiety, Physiological Arousal, And Planning Intention, John Grable, Wookjae Heo, Abed Rabbani Feb 2015

Financial Anxiety, Physiological Arousal, And Planning Intention, John Grable, Wookjae Heo, Abed Rabbani

Journal of Financial Therapy

Results from this exploratory clinical study indicate that financial anxiety—holding an unhealthy attitude about one’s financial situation—and physiological arousal—the physical precursor to behavior—play important roles in shaping consumer intention to engage in future financial planning activity. Findings suggest that those who are most likely to engage the services of a financial adviser exhibit low levels of financial anxiety and moderate to high levels of physiological arousal. The least likely to seek the help of a financial adviser are those who exhibit high financial anxiety and low physiological arousal. Results support findings documented in the literature that high anxiety levels often …


It-Enabled Coordination In Electronic Markets: An Experimental Investigation Of The Effects Of Social Communication On Group Buyers, Alexander Pelaez Feb 2015

It-Enabled Coordination In Electronic Markets: An Experimental Investigation Of The Effects Of Social Communication On Group Buyers, Alexander Pelaez

Dissertations, Theses, and Capstone Projects

Coordination, and the mechanisms by which coordination occurs, represents a significant area of study for economic research, and information technology. Technology enhances communication in both speed and quantity of information and when aligned with appropriate tasks can improve decision-making and task performance. Examining the effect of technology based coordination mechanisms on market platforms provides insight into outcomes as represented by buyer surplus and task completion as well as behaviors, such as network structure and emotional attitudes in economic experiments. Drawing on theory from economics and information systems, larger buyer groups should be able to obtain better prices and extract higher …


Results Of The December Survey Of Nebraska Business: January 21, 2015, Eric Thompson Jan 2015

Results Of The December Survey Of Nebraska Business: January 21, 2015, Eric Thompson

Leading Economic Indicator Reports

Respondents to the December 2014 Survey of Nebraska Business maintained an optimistic outlook for sales and employment. December respondents were much more likely to expect sales to rise (28%) than fall (14%) at their business over the next six months and more likely to plan to increase (16%) than reduce employment (4%). Within the state, optimism about employment was broadbased. However, there were differences in the sales outlook. Respondents from the Omaha area were the most optimistic about sales. Respondents from Southeast and Central Nebraska were close to state averages. Respondents from West Nebraska had a neutral sales outlook and …


Incorporating Sustainability Into Principles Of Macroeconomics: A Case Study, Madhavi Venkatesan Jan 2015

Incorporating Sustainability Into Principles Of Macroeconomics: A Case Study, Madhavi Venkatesan

Madhavi Venkatesan

Using grant funded resources, this case study explicitly engaged students in a Principles of Macroeconomics course with respect to the impact of sustainability-based values on economic indicators and standard of living parameters, while coincidentally opening discussion to the implicit nature of consumption-based values in the economic assessment of growth. Student assimilation and reaction to the curriculum was documented over the period of the course. Students provided responses to weekly questionnaires, which tracked their changing perceptions, values, and behaviors. Weekly class discussions and individual student assessment of the awareness fostered by reviewing the two divergent value structures also contributed to qualitative …


The Power Of Brand Love, Marc Fetscherin, Ryan Barker, Jeffery Peacock Jan 2015

The Power Of Brand Love, Marc Fetscherin, Ryan Barker, Jeffery Peacock

Faculty Publications

In this article we would like to respond to Romaniuk’s (2013) Viewpoint article "What’s (brand) love got to do with it?" and provide our point of view regarding brand love. While we agree with some of the limitations she points out in Batra et al.’s (2012) article, and acknowledge them, we disagree with her statement that there is ‘no evidence that building brand love leads to higher market share, sales or profitability’ (Romaniuk 2013, p. 185). It is conceivable that there was no evidence when she wrote the article in 2013. However, as this article illustrates, we have since 2013 …


The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2015, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2015

The Pittsburg Micropolitan Area Economic Report, Quarter 1, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.


The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2015, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2015

The Pittsburg Micropolitan Area Economic Report, Quarter 2, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.


The Pittsburg Micropolitan Area Economic Report, Quarter 4, 2015, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2015

The Pittsburg Micropolitan Area Economic Report, Quarter 4, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.


The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2015, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2015

The Pittsburg Micropolitan Area Economic Report, Quarter 3, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Report is created by the Business and Economic Research Center (BERC) at Pittsburg State University.


The Pittsburg Micropolitan Area Economic Profile, 2015, Pittsburg State University. Gladys A. Kelce College Of Business Jan 2015

The Pittsburg Micropolitan Area Economic Profile, 2015, Pittsburg State University. Gladys A. Kelce College Of Business

Pittsburg Micropolitan Reports

The Pittsburg Micropolitan Area Economic Profile is created by the Business and Economic Research Center (BERC) at Pittsburg State University.


A Theorem On The Methodology Of Positive Economics, Eduardo Pol Jan 2015

A Theorem On The Methodology Of Positive Economics, Eduardo Pol

Faculty of Business - Papers (Archive)

It has long been recognized that the Milton Friedman's 1953 essay on economic methodology (or F53, for short) displays open-ended unclarities. For example, the notion of "unrealistic assumption" plays a role of absolutely fundamental importance in his methodological framework, but the term itself was never unambiguously defined in any of the Friedman's contributions to the economics discipline. As a result, F53 is appealing and liberating because the choice of premises in economic theorizing is not subject to any constraints concerning the degree of realisticness (or unrealisticness) of the assumptions. The question: "Does the methodology of positive economics prevent the overlapping …


The Value Of Luxury Brand Names In The Fashion Industry, Tricia Wang Jan 2015

The Value Of Luxury Brand Names In The Fashion Industry, Tricia Wang

CMC Senior Theses

Brand names in the Fashion industry are often times perceived as overpriced and unreasonable. Nevertheless, the success of well-known luxury brands in the industry has been growing domestically and internationally at a breakneck pace. Forbes publishes an annual list on the top 100 most valuable brands annually using a formula of their own making. 8 out of these 100 brands are luxury fashion brands. Why are luxury fashion brands so coveted? It can’t only be because of humans’ desires to own superior goods or even for the sake of their egos. In this paper I will delve into the hidden …