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Social and Behavioral Sciences Commons

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Articles 1 - 9 of 9

Full-Text Articles in Social and Behavioral Sciences

Externality Effects Of Residential Property Values: The Example Of Noise Disamenities, David Clark Aug 2006

Externality Effects Of Residential Property Values: The Example Of Noise Disamenities, David Clark

David E. Clark

Studies conducted by the Federal Railroad Administration in the 1990s reveal that train whistle bans lead to higher accident rates at train crossings. However, advocates of these bans argue that they eliminate noise externalities that have a detrimental effect on residential home values. To assess this latter claim, an event study is conducted and hedonic models are estimated for three different areas in which Conrail unilaterally began ignoring local whistle bans. While the findings consistently show that proximity to rail lines has a negative and statistically important influence on home values, there is little evidence that the Conrail decision had …


Generic Skills For Hospitality Management: A Comparative Study Of Management Expectations And Student Perceptions, Michael Raybould, Hugh Wilkins Jul 2006

Generic Skills For Hospitality Management: A Comparative Study Of Management Expectations And Student Perceptions, Michael Raybould, Hugh Wilkins

Michael Raybould

Tertiary providers of hospitality management degree programs must fulfil the needs of student, industry and academic stakeholder groups. The students attracted to this type of program tend to be motivated primarily by the anticipated vocational outcomes. As a result, hospitality management curriculum needs to meet both industry and student expectations by delivering the skill sets needed in the workplace and the institutional demands for academic rigour. This article reports on research that aimed to compare hospitality managers' expectations of graduate skills with student perceptions of the skills that hospitality managers valued. In contrast to previous research on this topic, this …


Group Differences And Measurement Equivalence: Implications For Command Climate Survey Research And Practice, Erich Dierdorff, Eric Surface, Adam Meade, Lori Foster Thompson, Don Martin Dec 2005

Group Differences And Measurement Equivalence: Implications For Command Climate Survey Research And Practice, Erich Dierdorff, Eric Surface, Adam Meade, Lori Foster Thompson, Don Martin

Erich C. Dierdorff

Military organizations use survey methodology to assess attitudes related to command climate. Many commands are staffed with both military and civilian personnel. However, no previous research has examined the equivalence of a command climate survey’s measurement properties across these types of personnel. Differences in the personnel systems and organizational socialization could lead to different views of various facets of a command climate survey, making direct comparisons or aggregations of group-level data inappropriate. Furthermore, men and women may also view aspects of command climate surveys differently. Using two administrations of a command climate survey in a U.S. Major Army Command, our …


Markov Chain Analyses Of Communication Processes In Negotiation, Mara Olekalns, Philip Smith, Laurie Weingart Dec 2005

Markov Chain Analyses Of Communication Processes In Negotiation, Mara Olekalns, Philip Smith, Laurie Weingart

Mara Olekalns

Markov chain analysis provides a way to investigate how the communication processes in dyadic negotiations are affected by features of the negotiating context and how, in turn, differences in communication processes among dyads affect the quality of the final settlement. In Markov models, the communication process is represented as a sequence of transitions between states, which describes how tactics are used and how they are reciprocated during the course of a negotiation. This article provides an introduction to Markov chain analysis and shows, using simulated data, how Markov chain models may be analyzed using widely-available loglinear modeling software. Model selection, …


Closed End Fund Discounts As Sentiment Indicies, Thomas Berry Dec 2005

Closed End Fund Discounts As Sentiment Indicies, Thomas Berry

Thomas D Berry

No abstract provided.


The Disposition Effect And Individual Investor Decisions: The Role Of Regret And Counterfactual Alternatives, Thomas Berry, Suzanne Fogel Dec 2005

The Disposition Effect And Individual Investor Decisions: The Role Of Regret And Counterfactual Alternatives, Thomas Berry, Suzanne Fogel

Thomas D Berry

Recent studies have documented a strong tendency for individual investors to delay realizing capital losses, while realizing gains prematurely (Odean [1996], Shefrin and Statman [1985], Weber and Camerer [1996]). This tendency has been termed the “disposition effect.” The disposition effect is inconsistent with normative approaches to stock sales, such as those based on tax losses (see, for example, Constantinides [1983]). We surveyed individual investors, and found that more respondents reported regret about holding on to a losing stock too long than about selling a winning stock too soon. This finding suggests that individual investors are consistently engaging in behavior that …


Foreign Exchange Intervention By The Bank Of Japan: Bayesian Analysis Using A Bivariate Stochastic Volatility Model, Michael Smith, Andrew Pitts Dec 2005

Foreign Exchange Intervention By The Bank Of Japan: Bayesian Analysis Using A Bivariate Stochastic Volatility Model, Michael Smith, Andrew Pitts

Michael Stanley Smith

A bivariate stochastic volatility model is employed to measure the effect of intervention by the Bank of Japan (BOJ) on daily returns and volume in the USD/YEN foreign exchange market. Missing observations are accounted for, and a data-based Wishart prior for the precision matrix of the errors to the transition equation that is in line with the likelihood is suggested. Empirical results suggest there is strong conditional heteroskedasticity in the mean-corrected volume measure, as well as contemporaneous correlation in the errors to both the observation and transition equations. A threshold model is used for the BOJ reaction function, which is …


Macro Determinants Of Total Factor Productivity In Pakistan, Safdar Khan Dec 2005

Macro Determinants Of Total Factor Productivity In Pakistan, Safdar Khan

Safdar Khan

No abstract provided.


Faculty And Male Football And Basketball Players On University Campuses: An Empirical Investigation Of The "Intellectual" As Mentor To The Student Athlete, Keith Harrison Dec 2005

Faculty And Male Football And Basketball Players On University Campuses: An Empirical Investigation Of The "Intellectual" As Mentor To The Student Athlete, Keith Harrison

Dr. C. Keith Harrison

No abstract provided.