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Full-Text Articles in Social and Behavioral Sciences

Hierarchical Decomposition Of U.S. Personal Consumption Expenditure: 1984-1991 And 2000-2006, Steven D. Silver Nov 2013

Hierarchical Decomposition Of U.S. Personal Consumption Expenditure: 1984-1991 And 2000-2006, Steven D. Silver

Faculty Publications

We conceptualize structure in personal consumption by explicitly defining categorizations of goods and services that consumers typically make in defining and organizing these objectives in their heuristics. Results from estimation of an Almost Ideal (AI) Demand System in each of two study periods generally support the structural differentiation of consumption goods.


Do Markets Promote Immoral Behavior?, Fred Foldvary Sep 2013

Do Markets Promote Immoral Behavior?, Fred Foldvary

Faculty Publications

Pure markets enhance good behavior, because in such arrangements, voluntary acts are rewarded and involuntary acts are punished. A pure market, as we define it, consists only of voluntary human action. That’s because a truly free market includes governance structuresthat penalize coercive harm, and such pure markets do not impose any restrictions or costs on honest and peaceful human activity.Critics of markets think otherwise. They point to slave markets or a market for stolen goods as examples of market immorality.


An Economic Survey Analysis Of The Legal Literature Pertaining To The Privacy Implications Of Radio Frequency Identification Technology, Stephen M. Jerbic Jul 2013

An Economic Survey Analysis Of The Legal Literature Pertaining To The Privacy Implications Of Radio Frequency Identification Technology, Stephen M. Jerbic

Stephen M. Jerbic

No abstract provided.


An Economic Survey Analysis Of The Legal Literature Pertaining To The Privacy Implications Of Radio Frequency Identification Technology, Stephen M. Jerbic Jul 2013

An Economic Survey Analysis Of The Legal Literature Pertaining To The Privacy Implications Of Radio Frequency Identification Technology, Stephen M. Jerbic

Faculty Publications

No abstract provided.


Effects Of Ad-Valorem Taxes On Location Decision Under Free Entry Cournot Oligopoly, Yeung-Nan Shieh Mar 2013

Effects Of Ad-Valorem Taxes On Location Decision Under Free Entry Cournot Oligopoly, Yeung-Nan Shieh

Yeung-Nan Shieh

This paper examines the impact of the ad-valorem commodity tax as a policy device on the location decision of undifferentiated oligopolistic firms with free entry. It shows that: (1) When the distance between the plant location and the output market is held constant, the optimum location for the oligopolistic firm would be independent of the ad-valorem tax if the production function is homothetic, and (2) when the distance between the plant location and the output market is a decision variable, the optimum location for the oligopolistic firm will move closer to the output market if the demand function is linear …


Effects Of Ad-Valorem Taxes On Location Decision Under Free Entry Cournot Oligopoly, Yeung-Nan Shieh Mar 2013

Effects Of Ad-Valorem Taxes On Location Decision Under Free Entry Cournot Oligopoly, Yeung-Nan Shieh

Faculty Publications

This paper examines the impact of the ad-valorem commodity tax as a policy device on the location decision of undifferentiated oligopolistic firms with free entry. It shows that: (1) When the distance between the plant location and the output market is held constant, the optimum location for the oligopolistic firm would be independent of the ad-valorem tax if the production function is homothetic, and (2) when the distance between the plant location and the output market is a decision variable, the optimum location for the oligopolistic firm will move closer to the output market if the demand function is linear …