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Articles 1 - 30 of 71
Full-Text Articles in Social and Behavioral Sciences
Year Of Cuba 2019-2020, Nashieli Marcano, Leslie Drost
Year Of Cuba 2019-2020, Nashieli Marcano, Leslie Drost
Research Guides & Subject Bibliographies
No abstract provided.
A Study Of The Effects Of Certificate Of Need Law On Inpatient Occupancy Rates, Jomon Aliyas Paul, Huan Ni, Aniruddha Bagchi
A Study Of The Effects Of Certificate Of Need Law On Inpatient Occupancy Rates, Jomon Aliyas Paul, Huan Ni, Aniruddha Bagchi
Faculty and Research Publications
Increasing healthcare costs and the deterioration of healthcare quality have always been major concerns to policy makers in the United States, and Certificate of Need (CON) Law has been implemented as one way to curb wasteful healthcare resource use. Theoretically, CON can lead to a reduction in the number of beds as well as in the number of inpatient days (possibly by shortening the length of patient stay). However, these two effects impact inpatient occupancy rate in opposite directions. We test empirically to find out which of these two effects dominate. In this study, we investigate the impact of CON …
A Tale Of Two Democrats: How Authoritarianism Divides The Democratic Party, Julie Wronski, Alexa Bankert, Karyn Amira, April Johnson, Lindsey Levitan
A Tale Of Two Democrats: How Authoritarianism Divides The Democratic Party, Julie Wronski, Alexa Bankert, Karyn Amira, April Johnson, Lindsey Levitan
Faculty and Research Publications
Authoritarianism has been predominantly used in American politics as a predictor of Republican identification and conservative policy preferences. We argue that this approach has neglected the role authoritarianism plays among Democrats and how it can operate within political parties regardless of their ideological orientation. Drawing from three distinct sets of data, we demonstrate the impact of authoritarianism in the 2016 Democratic Party’s primaries. Authoritarianism consistently predicts differences in primary voting among Democrats, particularly support for Hillary Clinton over Bernie Sanders. This effect is robust across various model specifications including controls for ideology, partisan strength, and other predispositions. These results highlight …
Monitoring And Employee Shirking: Evidence From Mlb Umpires, John Charles Bradbury
Monitoring And Employee Shirking: Evidence From Mlb Umpires, John Charles Bradbury
Faculty and Research Publications
Standard neoclassical principal-agent theory predicts that stricter monitoring should reduce employee shirking from principal desires; however, recent analyses indicate that social aspects of principal-agent relationships may result in monitoring “crowding out” disciplinary effects. From 2001 to 2008 Major League Baseball (MLB) instituted an automated pitch-tracking system (QuesTec) to assist in monitoring its umpires. The asymmetric implementation of this new monitoring technology allows for the comparison of monitored and unmonitored umpires to identify shirking to placate on-field lobbying pressure. Estimates identify deviations in calls associated with monitoring; however, overall, umpires appeared to be quite sensitive to league directives for changes in …
Searching For Illicit Behavior Through Changes In Productivity: The Case Of Roger Clemens And Performance-Enhancing Drugs, John Charles Bradbury
Searching For Illicit Behavior Through Changes In Productivity: The Case Of Roger Clemens And Performance-Enhancing Drugs, John Charles Bradbury
Faculty and Research Publications
Major League Baseball pitcher Roger Clemens has been accused of using performance-enhancing drugs to boost his performance. If Clemens used ergogenic aids consistent with the accusations of use, then unusual changes in productivity may be evident in his performance record. Two previous studies have examined Clemens’s career and reached conflicting conclusions: Bradlow et al. (2008) declares Clemens’s career to be “atypical” while Albert (2009) finds Clemens’s productivity to be unusually strong but similar to other pitchers who have not been linked with performance-enhancing drugs. This study examines Clemens’s performance at times of alleged use and over his career and finds …
E-Government As A Tool For Stability And Socio-Economic Development In Post-Conflict Libya., Abdulmajid H. Mohamed
E-Government As A Tool For Stability And Socio-Economic Development In Post-Conflict Libya., Abdulmajid H. Mohamed
Faculty and Research Publications
Usually, great challenges lie ahead of any post-conflict government, especially in states that have historically been under dictatorship, like Libya. It has been six years since the violent regime change that took place in Libya in 2011, yet no signs of improvement is foreseen in public service delivery and constructive citizen participation in influencing national policy formation and evaluation. In fact, the situation of public services has been worsened due to the absence of political and executive power from a strong, united government. The resulting widespread of collective frustration and political uncertainty has become a catalyst for a more defective …
Workplace Deviance And Recession, Aniruddha Bagchi, Siddhartha Bandyopadhyay
Workplace Deviance And Recession, Aniruddha Bagchi, Siddhartha Bandyopadhyay
Faculty and Research Publications
We examine the relationship between the incidence of workplace deviance (on-the-job crime) and the state of the economy. A worker's probability of future employment depends on whether she has been deviant as well as on the availability of jobs. Using a two period model we show that the net impact on deviant behavior to changes in unemployment can go either way depending upon the nature of the equilibrium. Two kinds of equilibria are possible. In one, a non-deviant's probability of being employed increases as expected market conditions improve which lowers the incentive to be a deviant. In contrast, in the …
Winning And Other Determinants Of Revenue In North America's Major Professional Sports Leagues, John Charles Bradbury
Winning And Other Determinants Of Revenue In North America's Major Professional Sports Leagues, John Charles Bradbury
Faculty and Research Publications
This study investigates recent determinants of revenue in North America’s four major professional sports leagues. Estimates reveal that revenue is positively associated with winning in baseball (MLB), basketball (NBA), and hockey (NHL), but not in football (NFL). The returns to winning are not diminishing as commonly assumed, which casts doubt on the uncertainty of outcome hypothesis, and differences across leagues are consistent with revenue sharing arrangements. Estimates also indicate a strong negative relationship between stadium age and revenue, which is consistent with observed rapid replacement of sports stadiums. The results have several important implications for economic models of sports leagues.
Muslim Youth Unemployment And Expat Jihadism - Bored To Death?, Moamen Gouda, Marcus Marktanner
Muslim Youth Unemployment And Expat Jihadism - Bored To Death?, Moamen Gouda, Marcus Marktanner
Faculty and Research Publications
hile the presence of foreign fighters in military conflict has been a regular ingredient of jihad, never before in modern history have foreign fighters gathered at the scale and speed as they have in the territory of the so-called Islamic State. As the foreign fighter phenomenon in Syria and Iraq pose severe security risks for the sender countries, especially from battlefield returnees and lone-wolf sympathizers, it becomes imperative to better understand the push factors of expat jihadism. Empirical studies of these factors are still scarce and often generate contradicting results. The objective of our paper is to contribute to the …
The Impact Of Rural Pensions In China On Labor Migration, Karen Eggleson, Ang Sun, Zhaoguo Zhan
The Impact Of Rural Pensions In China On Labor Migration, Karen Eggleson, Ang Sun, Zhaoguo Zhan
Faculty and Research Publications
We study the impact of China’s new rural pension program on promoting migration of labor by applying a regression discontinuity analysis to this new pension program. The results reveal a perceptible difference in labor migration among adult children whose parents are just above and below the age of pension eligibility: The adult children with a parent just attaining the pension-eligible age are more likely to be labor migrants compared with those with a parent just below the pension-eligible age. We also find that with a pension-eligible parent, the adult children are more likely to have off-farm jobs. These abrupt changes …
Who Takes Advanced Placement?, Benjamin Scafidi, Chris Clark, John Swinton
Who Takes Advanced Placement?, Benjamin Scafidi, Chris Clark, John Swinton
Faculty and Research Publications
In recent years there has been a renewed interest in the sources of achievement gaps between groups of students. One potential source is differential access to high quality educational opportunities. This paper provides an analysis of who takes Advanced Placement (AP) Economics. Using two years of administrative data on all high school students who take a course to satisfy Georgia’s graduation requirement in economics, we find large differences in enrollment in AP Economics across groups. Specifically, African-American and Hispanic students and students from low-income backgrounds are about half as likely to be enrolled in AP Economics as other students. However, …
Role Of Intelligence Inputs In Defending Against Cyber Warfare And Cyber Terrorism, Aniruddha Bagchi
Role Of Intelligence Inputs In Defending Against Cyber Warfare And Cyber Terrorism, Aniruddha Bagchi
Faculty and Research Publications
No abstract provided.
The Cost Of Float To A Firm: Commercial Banking Treasury Management Analysis Case Study, Patricia R. Robertson
The Cost Of Float To A Firm: Commercial Banking Treasury Management Analysis Case Study, Patricia R. Robertson
Faculty and Research Publications
This case is ideal for an upper-level finance course that has an emphasis on short-term financial management. Despite significant advancements in electronic payment systems, most U.S. firms continue to pay invoices with paper checks mailed to suppliers. So long as the checks are received by the due date, firms are in compliance with supplier credit terms. However, paper checks must be processed and recorded by the supplier, deposited in the supplier’s bank, and cleared against the payer’s bank before the cash is transferred from the payer’s checking account to the supplier’s checking account. This delay in the conversion of a …
Free Trade Agreements And The Consolidation Of Democracy, Xuepeng Liu, Emanuel Ornelas
Free Trade Agreements And The Consolidation Of Democracy, Xuepeng Liu, Emanuel Ornelas
Faculty and Research Publications
We study the relationship between participation in free trade agreements (FTAs) and the sustainability of democracy. Our model shows that FTAs can critically reduce the incentive of authoritarian groups to seek power by destroying protectionist rents, thus making democracies last longer. This gives governments in unstable democracies an extra motive to form FTAs. Hence, greater democratic instability induces governments to boost their FTA commitments. In a dataset with 116 countries over 1960-2007, we find robust support for these predictions. They help to rationalize the rapid simultaneous growth of regionalism and of worldwide democratization since the late 1980s.
Commercial Bank Risk Management And Financial Performance Case Study, Patricia R. Robertson
Commercial Bank Risk Management And Financial Performance Case Study, Patricia R. Robertson
Faculty and Research Publications
The case is ideal for an upper-level finance course with an emphasis on financial institution risk management and financial performance. It is unique in that it sources data from the Federal Financial Institutions Examination Council (FFIEC) website through a series of reports called the Uniform Bank Performance Report (UBPR). The UBPR is a report set created for bank supervisory, examination, and management purposes. It presents data and ratios for each bank in a concise and consistent format. This allows the course instructor to assign multiple banks confident that the data is available and consistently presented. The case can be used …
Optimal Allocation Of Resources In Airport Security: Profiling Vs. Screening, Aniruddha Bagchi, Jomon Paul
Optimal Allocation Of Resources In Airport Security: Profiling Vs. Screening, Aniruddha Bagchi, Jomon Paul
Faculty and Research Publications
This model examines the role of intelligence gathering and screening in providing airport security. We analyze this problem using a game between the government and a terrorist. By investing in intelligence gathering, the government can improve the precision of its information. In contrast, screening can be used to search a passenger and thereby deter terrorist attacks. We determine the optimal allocation of resources between these two strategies wherein we model the role of intelligence using the concept of supermodular precision. One striking result is that under certain circumstances, an increase in the investment in intelligence can induce a more devious …
Game Theory And Family Business Succession: An Introduction, Timothy Mathews, Tim Blumentritt, Gaia Marchiso
Game Theory And Family Business Succession: An Introduction, Timothy Mathews, Tim Blumentritt, Gaia Marchiso
Faculty and Research Publications
One of the most significant challenges to enduring family businesses is the process of passing the leadership of a firm from one generation to another. This article introduces game theory as a model for examining succession as a set of rational but interdependent choices made by individuals about a firm’s leadership. Its primary contribution is demonstrating the application of game theory to understanding the decisions and outcomes of succession events.
Private Equity Firms' Reputational Concerns And The Costs Of Debt Financing, Rongbing Huang, Jay R. Ritter, Donghang Zhang
Private Equity Firms' Reputational Concerns And The Costs Of Debt Financing, Rongbing Huang, Jay R. Ritter, Donghang Zhang
Faculty and Research Publications
A popular view is that private equity (PE) firms tend to expropriate other stakeholders of their portfolio companies. Bonds offered during 1992-2011 by companies after their initial public offerings (IPOs) do not reflect this view. We find that yield spreads on bonds offered by PE-backed companies are on average 70 basis points lower, holding other things constant. We also find that PE-backed companies have more conservative investment and dividend policies after bond offerings compared to non-PE-backed companies. These results suggest that PE firms’ reputational concerns dominate their wealth expropriation incentives and help their portfolio companies reduce the costs of debt.
Comparing Student Performance And Satisfaction In Face-To-Face And Hybrid Formats For A Finance Course, Patricia R. Robertson
Comparing Student Performance And Satisfaction In Face-To-Face And Hybrid Formats For A Finance Course, Patricia R. Robertson
Faculty and Research Publications
In a study conducted at a large, public university, the author assessed the impact of course delivery method (face-to-face versus hybrid formats) on student performance and satisfaction. The study was based on the concurrent instruction of a senior-level finance course over two semesters. Student performance was based on the percent of students achieving a grade of A, B or C in the course (as opposed to D, F or W/WF) and the scores on the individual gradable assignments. The study shows no significant difference between hybrid and face-to-face delivery in the mean score of student performance. In addition, there was …
A Case For Banking Oversight Reform In Crisis Mitigation, J. Barrow, S. Smalt
A Case For Banking Oversight Reform In Crisis Mitigation, J. Barrow, S. Smalt
Faculty and Research Publications
This paper reviews the key weaknesses in the banking system related to the 2007 global financial crisis and finds supervisory oversight and accountability underrepresented or missing in recommended solutions although they are a critical contributor to the problem. The paper purports: (1) focusing on the fundamental factors that attribute to the vulnerability of the banking system is a key component of a model for the mitigation of a financial crisis and; (2) the factors are interrelated; therefore, the model should be holistic. The analysis results in an integrative blueprint and includes a simple case study application. The findings of the …
Student Performance In A Principle Of Microeconomics Course Under Hybrid And Face-To-Face Delivery, P. Verhoeven, T. Rudchenko
Student Performance In A Principle Of Microeconomics Course Under Hybrid And Face-To-Face Delivery, P. Verhoeven, T. Rudchenko
Faculty and Research Publications
Designing a hybrid course entails the challenge of choosing learning activities for each of the face-to-face and online environments--and sequencing and coordinating the activities across the two environments--to promote student attainment of the course’s learning objectives. This paper presents a study comparing student performance in an undergraduate Principles of Microeconomics course taught by the same instructor under hybrid (n = 51) and face-to-face (n = 24) delivery. The percentage of hybrid students completing the course (71%) was not significantly different (chi-square = .61, p = .433) than that (79%) of the face-to-face students. A regression analysis controlling for student GPA …
Quasi-Maximum Likelihood Estimation Of Multivariate Diffusions, Xiao Huang
Quasi-Maximum Likelihood Estimation Of Multivariate Diffusions, Xiao Huang
Faculty and Research Publications
This paper introduces quasi-maximum likelihood estimator for multivariate diffusions based on discrete observations. A numerical solution to the stochastic differential equation is obtained by higher order Wagner-Platen approximation and it is used to derive the first two conditional moments. Monte Carlo simulation shows that the proposed method has good finite sample property for both normal and non-normal diffusions. In an application of estimating stochastic volatility models, we find evidence of closeness between the CEV model and the GARCH stochastic volatility model. This finding supports the discrete time GARCH modeling of market volatility.
The Exercise Of Corporate Bond Clawbacks And Debt Renegotiation: An Empirical Analysis, Kenneth Daniels, Fernando Diaz, Gabriel G. Ramirez
The Exercise Of Corporate Bond Clawbacks And Debt Renegotiation: An Empirical Analysis, Kenneth Daniels, Fernando Diaz, Gabriel G. Ramirez
Faculty and Research Publications
Bond clawback provisions allow the issuer to partially redeem a bond issue often within three years of issuance using proceeds only from new equity issues. We document that clawback bonds are often renegotiated and clawbacks provisions are rarely exercised. We find that the probability of exercising an option increases if the firm is large and has lower levels of debt, the issue is large and if the issue was subject of renegotiation prior to the exercised date, the workout took the form of a cash tender offer. We find that the likelihood of renegotiation of an IPOC is positively associated …
Social Versus Conservative Democracies And Homicide Rates, Marcus Marktanner, Luc Noiset
Social Versus Conservative Democracies And Homicide Rates, Marcus Marktanner, Luc Noiset
Faculty and Research Publications
Purpose – The purpose of this paper is to critique recent findings that democratic practices are positively related to homicide rates. Design/methodology/approach – Economic rational choice model supported by empirical evidence. Findings – It was found that higher homicide rates are only characteristic of democracies that fail to respond to the median voter's call for equitable social development. Originality/value – The paper makes an original distinction between conservative and social democracies, operationalizes this distinction theoretically and empirically, and shows that higher homicide rates are a phenomenon of conservative, not social, democracies.
Optimal Allocation Of Resources In Airport Security: Profiling Vs. Screening, Aniruddha Bagchi
Optimal Allocation Of Resources In Airport Security: Profiling Vs. Screening, Aniruddha Bagchi
Faculty and Research Publications
No abstract provided.
Corruption, Public Integrity, And Globalization In South-Eastern European States: A Comparative Analysis, Andrew I. E. Ewoh, Ani Matei, Lucica Matei
Corruption, Public Integrity, And Globalization In South-Eastern European States: A Comparative Analysis, Andrew I. E. Ewoh, Ani Matei, Lucica Matei
Faculty and Research Publications
The last three decades have witnessed a proliferation of studies on the globalization of corruption or convergence of anticorruption strategies. These studies have been motivated by scholarly concerns from various administrative, economic, and political fields. In view of these interdisciplinary concerns, the purpose of this article is to provide a comparative analysis of corruption phenomena and the demand for public integrity because these developments pertain to the discourse on globalization issues in some South-Eastern European nations within the last decade. The article concludes that the differences observed in these countries are due to their level of maturation in the democratic …
Graph Matching Based Decision Support Tools For Mitigating Spread Of Infectious Diseases Like H1n1, Jomon Aliyas Paul, Kedar Sambhoos
Graph Matching Based Decision Support Tools For Mitigating Spread Of Infectious Diseases Like H1n1, Jomon Aliyas Paul, Kedar Sambhoos
Faculty and Research Publications
Diseases like H1N1 can be prevented from becoming a wide spread epidemic through timely detection and containment measures. Similarity of H1N1 symptoms to any common flu and its alarming rate of spread through animals and humans complicate the deployment of such strategies. We use dynamic implementation of graph matching methods to overcome these challenges. Specifically, we formulate a mixed integer programming model (MIP) that analyzes patient symptom data available at hospitals to generate patient graph match scores. Successful matches are then used to update counters that generate alerts to the Public Health Department when the counters surpass the threshold values. …
Basketball Market Efficiency And The Big Dog Bias, Ladd Kochman, Randy Goodwin
Basketball Market Efficiency And The Big Dog Bias, Ladd Kochman, Randy Goodwin
Faculty and Research Publications
A betting rule is devised to profit from an alleged unwillingness of strong favorites in the National Basketball Association to cover large point spreads. Imaginary wagers placed on NBA underdogs awarded 10+ points by Las Vegas oddsmakers produced a significantly nonrandom wins-to-bets ratio of 53.4 percent during the five consecutive seasons ending in 2007. The failure to generate a W/B ratio of at least 55.4 percent over the 758 games meeting our point spread constraint precludes any claim of profitability.
Workplace Deviance And Recession, Aniruddha Bagchi
Workplace Deviance And Recession, Aniruddha Bagchi
Faculty and Research Publications
No abstract provided.
Technology In The Aid Of Delivering Economic Content To Teachers: Virtual Economics V. 3, John R. Swinton, Benjamin Scafidi
Technology In The Aid Of Delivering Economic Content To Teachers: Virtual Economics V. 3, John R. Swinton, Benjamin Scafidi
Faculty and Research Publications
We examine the impact on student achievement of a face-to-face teacher workshop that also provides economics instructors with access to an electronic library of instructional and reference material for their economics classroom—Virtual Economics v. 3 (VE3), offered by the Council for Economic Education. Based on evidence using student and teacher-level administrative data from the Georgia Department of Education and controlling for students’ prior achievement in mathematics, we find evidence that the VE3 workshop experience increases student achievement in high school economics. Our difference-in-differences estimates suggest that teacher participation in the VE3 workshop increases student achievement by 0.061 standard deviations on …