Social and Behavioral Sciences Commons^™

An Analysis Of Dynamic Price Discrimination In Airlines, Diego Escobari, Nicholas G. Rupp, Joseph Meskey

Economics and Finance Faculty Publications and Presentations

Prices for the same flight change substantially depending on the time of purchase. This article uses a unique data set with round‐the‐clock posted fares to document significant within‐day price variation. Labeling time‐variation as discriminatory is difficult because the cost of an unsold airline seat changes with inventory, days before departure, and aggregate demand expectations. After controlling for these factors and aggregating hourly fares to have a framework with two consumer types, we are able to identify a component that is largely consistent with dynamic price discrimination. We find higher prices during office hours (when business travelers are likely to buy) …

Corporate Political Strategies And Return Predictability, Chansog Kim, Incheol Kim, Christos Pantzalis, Jung Chul Park

Economics and Finance Faculty Publications and Presentations

We assess whether observable corporate political strategies can serve as channels of value relevant political information flow into stock prices and form the basis for profitable return predictability strategies. We document that returns of politically connected firms’ stocks lead those of their non-connected peers, suggesting that information shocks associated with new policies and other political developments become evident first in the stock prices of firms that pursue political strategies and then, with delay, in those of similar non-connected firms.

Associations Of Specific And Multiple Types Of Childhood Abuse And Neglect With Personality Pathology Among Adolescents Referred For Mental Health Services, Ruby Charak, Noor B. Tromp, Hans M. Koot

Psychological Science Faculty Publications and Presentations

The present study investigated the unique association between five types of childhood abuse and neglect and 18 lower-order dimensions of personality pathology, and using latent classes analysis (LCA) explored patterns of childhood abuse or neglect experiences. Further differences across latent classes on personality pathology traits, personality disorder symptom count and a diagnosis of personality disorder were examined. Participants were 178 adolescents and young adults (12–22 years; M = 16.02, 65.7% girls; 83% Axis I/II disorder) from the Netherlands referred for mental health services. Emotional abuse was uniquely associated with 11 personality pathology traits; sexual and physical were associated with three …

Changes In Acceptance Of Dating Violence And Physical Dating Violence Victimization In A Longitudinal Study With Teens, Marie E. Karlsson, Maegan Calvert, Juventino Hernandez Rodriguez, Rebecca Weston, Jeff R. Temple

Psychological Science Faculty Publications and Presentations

Teen dating violence is a pervasive issue in adolescence and has been linked to maladjustment (Temple, Shorey, Fite, et al., 2013). Physical dating violence is a particularly significant problem with one in five adolescents reporting experiencing physical teen dating violence (TDV; Wincentak et al., 2016). Acceptance of violence has been suggested to increase the risk of TDV; however, most studies to date have been cross-sectional. The purpose of the current study is to examine patterns of acceptance of dating violence and TDV victimization across time. Participants were ethnically diverse teenagers (N = 1,042; ages 13 – 18) …

The Impact Of Crime And Other Economic Forces On Mexico's Foreign Direct Investment Inflows, Rene Cabral, Andre V. Mollick, Eduardo Saucedo

Economics and Finance Faculty Publications and Presentations

This paper examines the effect of different crimes on Foreign Direct Investment (FDI) inflows into the 32 Mexican states. Using a state-quarter panel data for the period 2005 to 2015, we estimate alternative models of FDI, with fixed effects throughout a flexible lag-lengths methodology and System Generalized Method of Moments (SGMM) models in order to identify the determinants of FDI inflows into the country. The dependent variable in our model is the annual inflow of FDI and the independent variables are state level indicators (real wages and electricity consumption), and macroeconomic forces (the real exchange rate and interest rate). We …

Government Size And Openness: Evidence From The Commodity Boom In Latin America, Andre Vianna, Andre V. Mollick

Economics and Finance Faculty Publications and Presentations

Does government size increase to compensate for the volatility that arises from openness? We evaluate this compensation hypothesis by focusing on Latin America, whose economic growth in the 2000s has been often attributed to the commodity boom. Panel data regressions show that during the 2003-2010 commodity boom terms of trade volatility has positive effects on government size compared to the earlier 1990-2002 period. This key finding supports the compensation hypothesis, a result robust to dynamic panels allowing for reverse causation from government size to the real economy. Policy implications include diversification of the production structure and strengthening of regulatory framework.

Price Discrimination And Focal Points For Tacit Collusion: Evidence From The Airline Industry, Diego Escobari, Nicholas G. Rupp, Joseph Meskey

Economics and Finance Faculty Publications and Presentations

We use unique data sets with round-the-clock posted fares and a regression discontinuity design to identify price discrimination in advance-purchase discounts. Price discrimination increases fares by 7.6% at 14 days to departure, and by 14% at 7 days to departure. While competition reduces price discrimination, it is unaffected by product variety for a multiproduct monopolist. The results show that the arbitrary thresholds of 7 and 14 days-in-advance serve as focal points for tacit collusion and to implement price discrimination in competitive markets. For round-trip tickets price discrimination depends on the days-in-advance for both the outbound and inbound flights.

Childhood Obesity And Academic Outcomes In Young Adulthood, Igor Ryabov

Sociology Faculty Publications and Presentations

The present study used nationally representative data from the National Longitudinal Study of Adolescent Health (a.k.a., Add Health) to examine the impact of childhood obesity on young adult educational attainment. In addition to weight status, independent variables included race–ethnicity, immigrant generational status, family socio-economic status (SES), preference for overweight and obese friends in school, school socio-economic and race–ethnic composition, and other important predictors. Educational attainment was measured as a categorical variable with the categories reflecting key educational benchmarks: (1) being a high school graduate; (2) having some college education; and (3) having completed a bachelor’s or higher degree. The results …

Medical Mobility And Intersectionality Across The United States-Mexico Border [La Movilidad Médica Y La Interseccionalidad En La Frontera Entre Estados Unidos Y México], Rosalynn A. Vega

Anthropology Faculty Publications and Presentations

The objective of this article is to analyze how intersectional processes shape differing degrees of medical mobility (defined as facility of movement across national borders for the purposes of obtaining health care services or pharmaceuticals) across the U.S.-Mexico border for Spanish-speaking Hispanics and English-speaking Whites. Furthermore, this document explores how intersectional factors such as race, language, socioeconomic status, and citizenship shape medical mobility patterns. The research used ethnographic methods (in-depth interviews and participant observation) over a period of sixteen months (from May 2017 until September 2018) in Hidalgo County in the Rio Grande Valley of Texas. The results of the …

Medical Migration As Access To Health Care In The Rio Grande Valley, Rosalynn A. Vega

Anthropology Faculty Publications and Presentations

This qualitative research explains difficulties among migrants when accessing health care. Many individuals of Mexican origin either travel to more accessible health care in Mexico or arrange to have medical services and pharmaceuticals transported to them in the United States. The research is based in a majority Hispanic and Spanish-speaking county in the US which is characterized by a high degree of poverty and illness, especially diabetes (Melo 2017, Montoya 2011). This article provides an ethnographic approach to medical migration and describes the importance of medical migration for both Mexico and the United States. The article offers recommendations for public …

Chapter 1: Introduction, Richard T. Longoria

Political Science Faculty Publications and Presentations

No abstract provided.

Separating Between Unobserved Consumer Types: Evidence From Airlines, Diego Escobari, Manuel A. Hernandez

Economics and Finance Faculty Publications and Presentations

We propose an alternative approach to identify unobserved consumer types and assess whether firms price discriminate. Unlike other screening schemes that rely on quantity discounts or product differentiation, in our finite mixture structure individuals have unit demands and the product is homogeneous. We implement the model using an original U.S. airlines data set. The results support the existence of two demand types. The high-type “business” traveler is less price sensitive, has a higher valuation, and pays a higher price than the low type “tourist.” The proportion of high types also increases as the departure date nears. (JEL C23, L93, …

Latent Classes Of Lifetime Sexual Victimization Characteristics In Women In Emerging Adulthood: Differential Relations With Emotion Dysregulation, Ruby Charak, David Dilillo, Terri L. Messman-Moore, Kim L. Gratz

Psychological Science Faculty Publications and Presentations

Objectives: The aims of the present study were to investigate latent classes of sexual victimization among young adult women based on characteristics of their victimization experiences (e.g., relationship with the perpetrator, nature of act, and frequency) and examine differences in dimensions of emotion dysregulation across these classes and among nonvictims.

Method: Participants were 491 women in the age range of 18–25 years from the United States; of these, 335 participants (M = 22.0, SD = 2.22) reported at least one experience of sexual victimization during their lifetime. Latent class analysis was used to identify groups of women based on characteristics …

Peace Process Pathologies: A Comparative Analysis Of The Breakdown Of The Israeli-Palestinian And Turkish-Kurdish Peace Processes, Matthew Weiss

Public Affairs and Security Studies Faculty Publications and Presentations

Despite the significant differences between the issues under contention, the Oslo peace process between Israel and the Palestinians and the “solution process” between Turkey and the Kurdistan Workers’ Party (PKK) were plagued by common dysfunctions that militated against their success. A comparative investigation points to several salient common denominators that rendered both peace processes susceptible to collapse, including the inadequate identification of the end goals of negotiations by the conflicting parties, mistrust and societal polarization. Over-reaching security measures enacted by the stronger side in each conflict (Israel and Turkey) that stifled freedom of expression, conflated lawful dissent with criminality, tended …

Natural Disaster Risk And Corporate Leverage, Ahmed Elnahas, Dongnyoung Kim, Incheol Kim

Economics and Finance Faculty Publications and Presentations

Firms located in more disaster-prone counties adopt more conservative leverage policies than those in less disaster-prone counties. Compared to peers in the least disastrous areas, firms in the most disastrous areas are less levered by 3.6 percentage points, equivalent of foregoing $13.47 million. We argue that this systematic difference in leverage is attributed to elevated operating disruption, increased cost of capital, and tightened financial flexibility. Our findings indicate that firms incorporate natural disaster risk in financing decision, which is consistent with the trade-off theory of capital structure.

The Cavalry Of Christ: The Catholic Church And South Texas (1821-1882), Francisco Ortiz Jr.

Anthropology Faculty Publications and Presentations

The article reflects on the cavalry of Christ, Catholic Church and South Texas from 1821-1882. It mentions that Mexican Catholics upheld certain religious traditions such as family altars within the home in the light of the shortage of priests and places of worship. It also mentions about a petition that was presented to U.S. Bishops by a group of Catholics in 1837 and requested English speaking priests and help in confronting anti-Catholic sentiment that had become much more prominent.

Spanish Translation And Validation Of The Interpersonal Needs Questionnaire, Caroline Silva, Gabriela Hurtado, Chelsey Hartley, José N. Rangel, Joseph D. Hovey, Jeremy W. Pettit, Paloma Chorot, Rosa M. Valiente, Bonifacio Sandín, Thomas E. Joiner

Psychological Science Faculty Publications and Presentations

The present study reports the multistage development and evaluation of a Spanish translation of the Interpersonal Needs Questionnaire (INQ). The INQ measures the constructs of thwarted belongingness and perceived burdensomeness, which the interpersonal theory of suicide proposes are proximal causes of suicidal desire. Participants were bilingual Hispanic college students in the United States (n = 56), heritage Spanish-speaking college students in the United States (n = 281), college students in Spain (n = 1,016), psychiatric inpatients in Mexico (n = 181), college students in Mexico (n = 239), and Spanish-speaking U.S. adults (n = …

Debt Market Illiquidity And Correlated Default Risk, Siamak Javadi, Mohsen Mollagholamali

Economics and Finance Faculty Publications and Presentations

We empirically test the theoretical prediction of the impact of debt market liquidity on correlated default risk. Confirming the theory, our results indicate that the lower debt market liquidity, leads to an economically significant increase in the correlated default risk. Also consistent with theory, we show that this effect is more pronounced for short-term debt.

Indigenous People’S Environmental Concerns: The Missing Piece In Ongoing Administrative And Political Decentralization In Africa, George Atisa, Aziza Zemrani, Matthew Weiss

Public Affairs and Security Studies Faculty Publications and Presentations

Decentralization is assumed to make national governments more accountable and enables local people to get involved in governance decisions. This study examines the relationships and whether decentralization activities, policies and regulations support indigenous concerns for the environment. Much of the pristine and local lands globally have already been degraded through overexploitation of natural resources leading to significant loss of environmental benefits to people, especially the marginalized and indigenous communities. Using citizen-over-state and state-over-citizen theory, the influence of national level policies on local policies and vice versa is examined. Two sets of data are analyzed: reports from conservation organizations and peer …

Status Update On The Threat Of Babesiosis Returning To The United States, Jason Tidwell, Christopher Vitek, Donald B. Thomas, John M. Thomas

Biology Faculty Publications and Presentations

Babesiosis is a hemolytic disease caused by protozoan parasites in the genus Babesia, transmitted through the saliva of infected ticks. The most economically important species, Babesia bigemina and B. bovis, infect cattle and are the etiological agents of bovine babesiosis. In the southern United States, eradication efforts directed against the tick vectors, Boophilus spp., began in the early 1900s. A quarantine zone in south Texas along the US/Mexico border was subsequently established following the eradication of the disease in the US. The permanent quarantine zone, spanning approximately 33% of the total shared border between Texas and Mexico, has helped limit …

Asthma Predictors Influence On Self-Management Asthma Education Status, Luis Enrique Espinoza, Lucas Enrique Espinoza, Michaela Lanay Wilson, Tracy E. Denton

Sociology Faculty Publications and Presentations

Objective

The objective of this study was to determine the characteristics of adults with active asthma who were most likely to acquire self-management asthma component education.

Methods

We analyzed adult data from the 2014 Behavioral Risk Factor Surveillance System (BRFSS)-Asthma Call-back Survey (ACBS). Multivariate logistic regression and multivariate linear regression models were used to analyze the association between asthma self-management education and predictors.

Results

Adults who had health insurance (aB = 0.33 [SE = 0.15], p < .05), routine care visits (aB = 0.75 [SE = 0.08], p < .05) and hospitalization (aB = 0.50 [SE = 0.23], p < .05) reported higher asthma education scores. Adults aged 18-34 years were more likely to report inhaler use instruction (aOR = 3.9; 95% CI: 2.5-6.3, p < .05), than older adults aged 65 years and older. Having a formal education, being a woman, and being black increased the likelihood of having a higher self-management score.

Conclusion

Having health insurance, making routine visits, and having asthma episodes were associated with multiple asthma education components which ensures social justice. Asthma control …

A Non-Parametric Approach To Testing The Axioms Of The Shapley Value With Limited Data, Victor H. Aguiar, Roland Pongou, Jean-Baptiste Tondji

Economics and Finance Faculty Publications and Presentations

The unique properties of the Shapley value–efficiency, equal treatment of identical input factors, and marginality–have made it an appealing solution concept in various classes of problems. It is however recognized that the pay schemes utilized in many real-life situations generally depart from this value. We propose a non-parametric approach to testing the empirical content of this concept with limited datasets. We introduce the Shapley distance, which, for a fixed monotone transferable-utility game, measures the distance of an arbitrary pay profile to the Shapley pay profile, and show that it is additively decomposable into the violations of the classical …

An Analogue Study Examining Attitude Change Theory And Its Implications For Dissemination And Implementation Of Empirically Supported Treatments, Laura D. Seligman, Andrew L. Geers, Erin F. Swedish, Joseph D. Hovey, Gabriela Hurtado

Psychological Science Faculty Publications and Presentations

Despite the promise of research-based treatments, dissemination into community settings has been problematic. Attitudes toward these treatments may be partially responsible for the slow uptake. Building on the functional theory of attitudes, it was hypothesized that presenting emotion-focused rather than cognitively-focused information about a treatment would produce more positive attitudes toward the treatment in individuals interested in clinical practice. To test this hypothesis, 144 students (116 women; Mage = 22.46 years) completed a measure of vocational interest and evaluated a treatment after reading either an emotional or cognitive passage about the treatment. Consistent with the hypothesis, participants’ interests in clinical …

Labor Law And Innovation Revisited, Bill B. Francis, Incheol Kim, Bin Wang, Zhengyi Zhang

Economics and Finance Faculty Publications and Presentations

This paper examines the impact of changes in job security on corporate innovation in 20 non-U.S. OECD countries. Using a difference-in-differences approach, we provide firm-level evidence that the enhancement of labor protection has a negative impact on innovation. We then discuss possible channels and find that employee-friendly labor reforms induce inventor shirking and a distortion in labor flow. Further investigation reveals that the negative relation is more pronounced in 1) firms that heavily rely on external financing, 2) firms that have high R&D intensity, 3) manufacturing industries, and 4) civil-law countries. Our micro-level evidence indicates that enhanced employment protection impedes …

Peyote Veneration In Challenging Times: Issues Of Land And Access In South Texas, Servando Z. Hinojosa

Anthropology Faculty Publications and Presentations

Members of the Native American Church in the United States need reliable supplies of peyote, an entheogenic plant that they can today only obtain from licensed peyote dealers in South Texas. These dealers have supplied church members with their sacrament since the early twentieth century. Their predecessors, meanwhile, harvested peyote for Native Americans since before the mid-nineteenth century. In recent decades, though, issues of land access and plant scarcity have made it more difficult to acquire peyote. Better handling of peyote habitat and better harvesting methods are needed to meet increasing demand for peyote.

Beyond America: Cross-National Context And The Impact Of Religious Versus Secular Organizational Membership On Self-Rated Health, Laura Upeniks, Steven L. Foy, Andrew Miles

Sociology Faculty Publications and Presentations

Studies using data from the United States suggest religious organizational involvement is more beneficial for health than secular organizational involvement. Extending beyond the United States, we assess the relative impacts of religious and secular organizational involvement on self-rated health cross-nationally, accounting for national-level religious context. Analyses of data from 33 predominantly Christian countries from the 2005–2008 World Values Survey reveal that active membership in religious organizations is positively associated with self-rated health. This association’s magnitude is higher than the magnitude of associations between many memberships in secular organizations and health. The positive association between involvement in religious organization and self-rated …

Industrial Structure And Political Outcomes: The Case Of The 2016 Us Presidential Election, Thomas Ferguson, Paul D. Jorgensen, Jie Chen

Political Science Faculty Publications and Presentations

This paper analyzes the US presidential election of 2016, examining the patterns of industrial structure and party competition in both the major party primaries and the general election. It attempts to identify the new, historically specific factors that led to the upheavals, especially the steady growth of a “dual economy” that locks more and more Americans out of the middle class. It draws extensively on a newly assembled, more comprehensive database to identify the specific political forces that coalesced around each candidate, including the various stages of the Trump campaign.

Changes In Sentiment On Reit Industry Excess Returns And Volatility, Daniel Huerta-Sanchez, Diego Escobari

Economics and Finance Faculty Publications and Presentations

REIT characteristics pose unique risks and benefits to investors who seek liquid diversification and hedging vehicles to complement their portfolios. This paper tests for the asymmetric effect of individual and institutional investor sentiment on REIT industry returns and conditional volatility. We simultaneously model the impact of two markedly different groups of investors on the return generating process of the REIT industry. Our findings suggest that noise trading imposes significant systemic risk on the realization of REIT industry returns. Interestingly, corrections in institutional investor expectations have a larger effect on REIT industry returns and volatility than changes in individual investor expectations. …

Disentangling The Impacts Of Industrial And Global Diversification On Firm Risk, Mohammad Jafarinejad, Thanh Ngo, Diego Escobari

Economics and Finance Faculty Publications and Presentations

We examine the impact of corporate diversification on firm risk exposure from 1998 to 2016. We find that both global and industrial diversification mitigate idiosyncratic and world market risk while having a negligible impact on U.S. market risk, but the effects vary before, during, and after the financial crisis of 2007–2009. Before the crisis, only global diversification mitigates idiosyncratic risk, but it increases firms' exposure to world market risk. During the crisis, industrial diversification increases idiosyncratic risk, but both types of diversification increase exposure to U.S. market risk. After the crisis, both types of diversification increase firms' exposure to U.S. …

Local Investors’ Preferences And Capital Structure, Binay K. Adhikari, David C. Cicero, Johan Sulaeman

Economics and Finance Faculty Publications and Presentations

We provide evidence that publicly listed firms respond to capital supply conditions shaped by local investing preferences. The local supply of credit is higher and more stable in areas where demographics suggest that local investors prefer safer portfolios. We find that firms headquartered in these areas use more debt financing. The demographics-leverage relation is more pronounced for non-investment-grade and unrated firms that cannot easily tap public markets (about two-thirds of U.S. public companies). Analyses of firms’ financing activities around exogenous shocks to credit supplies – including interstate banking deregulation and the 2008-2009 financial crisis – support the capital supply effect. …