Social and Behavioral Sciences Commons^™

Borderplex Business Barometer, Volume 4, Number 6, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

Regional Household Economic Stress And Retail Sales Fluctuations, Thomas M. Fullerton Jr., Ana P. Gutierrez-Zubiate

Departmental Papers (E & F)

Economic stress indices are used to monitor business cycle conditions in several regions.Although the deployment of these tools is spreading, there have been relatively few efforts to empirically assess the performance of these gauges, especially at the regional level.This study takes advantage of one such index that is published monthly and has more than 15 years of historical data.Results obtained confirm an inverse relationship between household economic duress and retail sales activity, but it is not found to be statistically reliable over the long-run.Deviations from equilibrium are found to last for 142 months.More relevantly, a 1-point increase in the index …

The Prospector, May 5, 2020, Utep Student Publications

The Prospector

Headline: Congratulations Graduates

Economics Of Reciprocity And Temptation, Laxman Bokati, Olga Kosheleva, Vladik Kreinovich, Nguyen Ngoc Thach

Departmental Technical Reports (CS)

Behavioral economics has shown that in many situations, people's behavior differs from what is predicted by simple traditional utility-maximization economic models. It is therefore desirable to be able to accurately describe people's actual behavior. In some cases, the difference from the traditional models is caused by bounded rationality -- our limited ability to process information and to come up with a truly optimal solutions. In such cases, predicting people's behavior is difficult. In other cases, however, people actually optimize -- but the actual expression for utility is more complicated than in the traditional models. In such case, it is, in …

Commonsense Explanations Of Sparsity, Zipf Law, And Nash's Bargaining Solution, Olga Kosheleva, Vladik Kreinovich, Kittawit Autchariyapanitkul

Departmental Technical Reports (CS)

As econometric models become more and more accurate and more and more mathematically complex, they also become less and less intuitively clear and convincing. To make these models more convincing, it is desirable to supplement the corresponding mathematics with commonsense explanations. In this paper, we provide such explanation for three economics-related concepts: sparsity (as in LASSO), Zipf's Law, and Nash's bargaining solution.

Borderplex Pandemic Monitor, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Borderplex Business Barometer, Volume 4, Number 5, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

The Prospector, April 23, 2020, Utep Student Publications

The Prospector

Headline: UTEP Conducts COVID-19 Vaccine Research

The Prospector, April 7, 2020, Utep Student Publications

The Prospector

Headline: UTEP Names New Provost

Minero Magazine, Volume Xxx, Spring 2020, Utep Student Publications

The Prospector

Articles:

• Burritos: The tradition that never fades
• Pickin' Up the Pace: diferentes maneras de llegar a tu clase
• Pachuco Prestige: Fashion trends across the ages
• En Nombre de la Verdad: periodismo bajo ataque

How To Explain The Anchoring Formula In Behavioral Economics, Laxman Bokati, Vladik Kreinovich, Chon Van Le

Departmental Technical Reports (CS)

According to the traditional economics, the price that a person is willing to pay for an item should be uniquely determined by the value that this person will get from this item, it should not depend, e.g., on the asking price proposed by the seller. In reality, the price that a person is willing to pay does depend on the asking price; this is known as the anchoring effect. In this paper, we provide a natural justification for the empirical formula that describes this effect.

Mexico Consensus Economic Forecast, Volume 23, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate

Border Region Modeling Project

No abstract provided.

Borderplex Business Barometer, Volume 4, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

The Prospector, March 10, 2020,, Utep Student Publications

The Prospector

Headline: Coronavirus Impedes Travel for Spring Break, Summer

The Prospector, March 3, 2020, Utep Student Publications

The Prospector

Headling: El movimiento contra el feminicidio impacta en las redes sociales

Quantum (And More General) Models Of Research Collaboration, Oscar Galindo, Miroslav Svitek, Vladik Kreinovich

Departmental Technical Reports (CS)

In the last decades, several papers have shown that quantum techniques can be successful in describing not only events in the micro-scale physical world -- for which they were originally invented -- but also in describing social phenomena, e.g., different economic processes. In our previous paper, we provide an explanation for this somewhat surprising successes. In this paper, we extend this explanation and show that quantum (and more general) techniques can also be used to model research collaboration.

Data From: Municipal Water Consumption And Urban Economic Growth In El Paso, Daniel J. Pastor, Thomas M. Fullerton Jr.

Datasets

This study investigates the nexus between municipal water consumption and economic growth for El Paso, Texas. Located in the semi-arid southwestern United States, El Paso water consumption has been the subject of prior economic studies. However, the relationship between water consumption and economic growth has not been previously analyzed for El Paso or any other metropolitan economies in the region. Empirical results indicate that municipal water usage and real personal income are integrated of order one, but are not co-integrated. Given that, a vector autoregression model is estimated and a Granger causality test is performed. Estimation results show unidirectional causation …

Borderplex Business Barometer, Volume 4, Number 3, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

The Prospector, February 18, 2020, Utep Student Publications

The Prospector

Headline: Students push for participation

The Prospector, February 11, 2020, Utep Student Publications

The Prospector

Headline: The Love Issue

The Prospector, February 4, 2020, Utep Student Publications

The Prospector

Headline: Mike Bloomberg visits El Paso

Predictably (Boundedly) Rational: Examples Of Seemingly Irrational Behavior Can Be Quantitatively Explained By Bounded Rationality, Laxman Bokati, Olga Kosheleva, Vladik Kreinovich

Departmental Technical Reports (CS)

Traditional economics is based on the simplifying assumption that people behave perfectly rationally, that before making any decision, a person thoroughly analyzes all possible situations. In reality, we often do not have enough time to thoroughly analyze all the available information, as a result of which we make decisions of bounded rationality -- bounded by our inability to perform a thorough analysis of the situation. So, to predict human behavior, it is desirable to study how people actually make decisions. The corresponding area of economics is known as behavioral economics. It is known that many examples of seemingly irrational behavior …

Borderplex Business Barometer, Volume 4, Number 2, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

The Prospector, January 28, 2020, Utep Student Publications

The Prospector

Headline: Super Bowl LIV

The Prospector, February 25, 2020, Utep Student Publications

The Prospector

Headline: Brewing up a business

The Prospector, January 21, 2020, Utep Student Publications

The Prospector

Headline: Welcome Back Issue

Minero Magazine

The Casasola Project: An Archival Outreach Initiative, Abbie Weiser

Presentations & Slide Shows

PowerPoint presentation about the Casasola Project for the now-canceled meeting (due to the COVID-19 pandemic) of the West Texas Historical Association.

Mexico Consensus Economic Forecast, Volume 23, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate

Border Region Modeling Project

No abstract provided.

Borderplex Business Barometer, Volume 4, Number 1, Thomas M. Fullerton Jr., Steven L. Fullerton, Ana Gutierrez Zubiate, Ignacio Santana

Border Region Modeling Project

No abstract provided.

Highlights From The Borderplex Economic Outlook To 2021, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.