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1997

Economics

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Articles 1 - 23 of 23

Full-Text Articles in Social and Behavioral Sciences

Trends. Globalization As Old Wine In New Bottles: The 30th Anniversary Of The Association Of Southeast Asian Nations (Asean), Ibpp Editor Dec 1997

Trends. Globalization As Old Wine In New Bottles: The 30th Anniversary Of The Association Of Southeast Asian Nations (Asean), Ibpp Editor

International Bulletin of Political Psychology

The author discusses the new era of globalization.


Trends. International Trade And The Subversion Of Justice: Japan, The European Union, And Iraq, Ibpp Editor Dec 1997

Trends. International Trade And The Subversion Of Justice: Japan, The European Union, And Iraq, Ibpp Editor

International Bulletin of Political Psychology

The author discusses the moral philosophy, the psychology of moral judgment, and treatises on law often suggest that justice subsumes some combination of behavioral and intentional accountability and equity.


Trends. The Kyoto Protocol: Emissions On Trading Or Purchasing Emissions Rights, Ibpp Editor Dec 1997

Trends. The Kyoto Protocol: Emissions On Trading Or Purchasing Emissions Rights, Ibpp Editor

International Bulletin of Political Psychology

In this analysis, the author discusses the Kyoto Protocol.


Trends. Globalization And The Ugly American: "Fast-Track", Cuba, Libya, And Iran, Ibpp Editor Nov 1997

Trends. Globalization And The Ugly American: "Fast-Track", Cuba, Libya, And Iran, Ibpp Editor

International Bulletin of Political Psychology

The author discusses globalization and the rise in salience of the Ugly American.


Euro-Psychology: When Money Is More Than Money, Ibpp Editor Oct 1997

Euro-Psychology: When Money Is More Than Money, Ibpp Editor

International Bulletin of Political Psychology

This article describes some psychological roles of money and the import of these roles for domestic and international economics. The coming of the euro is used as an example.


Restating Capitalization Standards And Rules: The Case For "Rough Justice" Regulations (Part Two), John W. Lee, Eldridge Blanton, Veena Luthra, Glenn Walberg, Darryl Whitesell Oct 1997

Restating Capitalization Standards And Rules: The Case For "Rough Justice" Regulations (Part Two), John W. Lee, Eldridge Blanton, Veena Luthra, Glenn Walberg, Darryl Whitesell

Faculty Publications

No abstract provided.


Trends. Blowing The Perfect Cover: The Trials Of Mexico's Former Drug Czar, Ibpp Editor Aug 1997

Trends. Blowing The Perfect Cover: The Trials Of Mexico's Former Drug Czar, Ibpp Editor

International Bulletin of Political Psychology

The author discusses the aspects of General Jesus Gutierrez Rebollo's civilian and military trials concerning his alleged illegal involvement in illicit drug trafficking.


How Not To Prevent Oil Crises: Challenge For An Education President, Ibpp Editor Aug 1997

How Not To Prevent Oil Crises: Challenge For An Education President, Ibpp Editor

International Bulletin of Political Psychology

This article describes several problematic approaches that are components of lay psychology.


A Study Of The Stochastic Behavior Of Durable Goods Consumption, Alexander Lebedinsky Aug 1997

A Study Of The Stochastic Behavior Of Durable Goods Consumption, Alexander Lebedinsky

Masters Theses & Specialist Projects

The author of this thesis examines the stochastic behavior of durables consumption in the rational expectations/permanent income hypothesis framework. The testing in this paper parallels the studies conducted by other researchers, who basing their work mainly on quarterly data rejected the frictionless rational expectations/permanent income hypothesis. The distinctive feature of this thesis is that the models are examined using monthly instead of quarterly data. The results of the estimation are compared to the results based on quarterly data. The results show that estimates obtained using monthly data seem to be more consistent with the frictionless rational expectations/permanent income hypothesis than …


Monetary Policy Preferences Of Individual Fomc Members: A Content Analysis Of The Memoranda Of Discussion, Henry W. Chappell Jr., Thomas M. Havrilesky, Rob Roy Mcgregor Aug 1997

Monetary Policy Preferences Of Individual Fomc Members: A Content Analysis Of The Memoranda Of Discussion, Henry W. Chappell Jr., Thomas M. Havrilesky, Rob Roy Mcgregor

Faculty Publications

The Memoranda of Discussion provide detailed records of Federal Open Market Committee (FOMC) meeting deliberations. Procedures are developed for coding the textual data in the Memoranda and assessing the reliability of those codings. The codings are then used in the estimation of parameters of individual FOMC members' reaction functions. Data from the 1970 to 1976 period are employed in the estimation. In the future, similar methods could be used to analyze newly released transcripts of FOMC meetings held after 1976.


Restructuring Of The Electric Utility Industry: Free Markets And Environmental Protection, Rick Gilliam Jun 1997

Restructuring Of The Electric Utility Industry: Free Markets And Environmental Protection, Rick Gilliam

Dams: Water and Power in the New West (Summer Conference, June 2-4)

12 pages.

Contains 1 page of references.


Adam Smith On The Virtues: A Partial Resolution Of The Adam Smith Problem, Spencer J. Pack Mar 1997

Adam Smith On The Virtues: A Partial Resolution Of The Adam Smith Problem, Spencer J. Pack

Economics Faculty Publications

Adam Smith's definition of justice as a moral virtue based on the "passion" of resentment in 'The Theory of Moral Sentiments' (1759), despite seeming contradictions, supports his analysis of an acquisitive, commercial society in 'The Wealth of Nations' (1774) partly by precluding the concept of a just price.


Price Theory And Vertical Restraints: A Misunderstood Relation, Alan J. Meese Jan 1997

Price Theory And Vertical Restraints: A Misunderstood Relation, Alan J. Meese

Faculty Publications

The Chicago School of antitrust analysis has exerted a strong influence over the law of vertical restraints in the past two decades, leading the Supreme Court to abandon much of its traditional hostility toward such agreements. Chicago's success has provoked a vigorous response from Populists, who support the traditional approach. Chicago, Populists claim, has improperly relied upon neoclassical price theory to inform the normative and descriptive assumptions that drive its analysis of trade restraints generally and of vertical restraints in particular. This reliance is misplaced, Populists assert, because the real world departs from that portrayed by price-theoretic models and, at …


Relativism, Reflective Equilibrium, And Justice, Justin Schwartz Jan 1997

Relativism, Reflective Equilibrium, And Justice, Justin Schwartz

Justin Schwartz

THIS PAPER IS THE CO-WINNER OF THE FRED BERGER PRIZE IN PHILOSOPHY OF LAW FOR THE 1999 AMERICAN PHILOSOPHICAL ASSOCIATION FOR THE BEST PUBLISHED PAPER IN THE PREVIOUS TWO YEARS.

The conflict between liberal legal theory and critical legal studies (CLS) is often framed as a matter of whether there is a theory of justice that the law should embody which all rational people could or must accept. In a divided society, the CLS critique of this view is overwhelming: there is no such justice that can command universal assent. But the liberal critique of CLS, that it degenerates into …


Political, Economic And Social Dominance Of Major Cities In East Asia During The Twentieth Century, Michael B. Toney, Chalon Keller Jan 1997

Political, Economic And Social Dominance Of Major Cities In East Asia During The Twentieth Century, Michael B. Toney, Chalon Keller

Sociology, Social Work and Anthropology Faculty Publications

One of the greatest shift in human societies has been the change from dispersed settlement patterns toward a complex urban pattern. Prior to the industrialization there were only a few urban places scattered throughout the world and none could compare with numerous cities of today with respect to size and complexity. In recent decades the growth of cities in Asia has been particularly remarkable as there has been an increase in the number of medium sized cities and the growth of a number of mega cities. This urbanization of the worlds population has corresponded with other fundamental changes in human …


Restating Capitalization Standards And Rules: The Case For "Rough Justice" Regulations (Part One), John W. Lee, Eldridge Blanton, Veena Luthra, Glenn Walberg, Darryl Whitesell Jan 1997

Restating Capitalization Standards And Rules: The Case For "Rough Justice" Regulations (Part One), John W. Lee, Eldridge Blanton, Veena Luthra, Glenn Walberg, Darryl Whitesell

Faculty Publications

No abstract provided.


Economics And Sociology: The Prospects For An Interdisciplinary Discourse Of Law, Kenneth G. Dau-Schmidt Jan 1997

Economics And Sociology: The Prospects For An Interdisciplinary Discourse Of Law, Kenneth G. Dau-Schmidt

Articles by Maurer Faculty

My purposes in this essay are two-fold. First, I provide some background on the disciplines of economics and sociology as a basis for the discussion at this Symposium and for my own discussion of the potential for an interdisciplinary discourse on law. In this regard, in the first section of the essay I provide a brief history of the relationship between the two disciplines, a brief outline of the basic characteristics of each disciplinary perspective, and a brief discussion of the emerging opportunities for useful exchange between the two disciplines. Second, I examine the prospects that the economic analysis of …


Gatt, Dispute Settlement And Cooperation: A Reply, Dan Kovenock, Marie Thursby Jan 1997

Gatt, Dispute Settlement And Cooperation: A Reply, Dan Kovenock, Marie Thursby

Economics Faculty Articles and Research

In our 1992 paper, we analyzed GATT and its dispute settlement procedure (DSP) in the context of a supergame model of international trade featuring both explicit (GATT) and implicit (non-GATT) agreements. Our paper departed from the previous economics literature on GATT enforcement (see, for instance Hungerford (1991) and Ludema (1990)) by incorporating the ``twin engines of international obligation and retaliation'' (Hudec, 1990). International obligation imposed a cost of violating an explicit international agreement, such as GATT, while retaliation could take place either within the rules stipulated by the international agreement or by punishment outside of the agreement. In Section 2 …


Nest Eggs And Stormy Weather: Law, Culture, And Black Women's Lack Of Wealth, Regina Austin Jan 1997

Nest Eggs And Stormy Weather: Law, Culture, And Black Women's Lack Of Wealth, Regina Austin

All Faculty Scholarship

No abstract provided.


Dividends, Noncontractibility, And Corporate Law, William W. Bratton Jan 1997

Dividends, Noncontractibility, And Corporate Law, William W. Bratton

All Faculty Scholarship

No abstract provided.


Nondisclosure As A Contract Remedy: Explaining The Advance-Notice Puzzle, John T. Addison, John B. Chilton Jan 1997

Nondisclosure As A Contract Remedy: Explaining The Advance-Notice Puzzle, John T. Addison, John B. Chilton

Faculty Publications

Prior theoretical work predicts an underprovision of advance-notice contracts stemming from their enforcement costs. In the present model, it is rather the fundamental inability of workers to alienate their right to quit taken in conjunction with parameters central to job separation decisions that jointly determine the mix of notice and no-notice contracts observed in equilibrium. Not all equilibrium contracts are efficient, but there is no underprovision of notice. Mandating notice cannot improve on joint value and indeed may reduce it. Furthermore, although a mandate can be merely redistributive, there are cases in which it harms all parties.


Coursebook For Economics, A. Studenmund Dec 1996

Coursebook For Economics, A. Studenmund

A. H. Studenmund

No abstract provided.


Economics: Private And Public Choice, A. Studenmund, James Gwartney, Richard Stroup Dec 1996

Economics: Private And Public Choice, A. Studenmund, James Gwartney, Richard Stroup

A. H. Studenmund

No abstract provided.