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Partial Budgets For Cover Crops In Midwest Row Crop Farming, Alejandro Plastina, Fangge Liu, Wendiam Sawadgo, Fernando E. Miguez, Sarah Carlson 2018 Iowa State University

Partial Budgets For Cover Crops In Midwest Row Crop Farming, Alejandro Plastina, Fangge Liu, Wendiam Sawadgo, Fernando E. Miguez, Sarah Carlson

Economics Publications

This study uses partial budgets to assess the annual net private economic returns to cover crop use in Midwest row crop farms. Data were compiled through an online survey to farm operators that manage production systems with and without cover crops. The average net returns to cover crops terminated with herbicides followed by corn was negative, but the average net return to cover crops terminated with herbicides followed by soybeans was positive. Cost-share payments tend to be insufficient to cover all private costs associated with cover crop use, but are a critical incentive to support this practice.


Modeling Uncertainty In Rooftop Pv Investment Return, Anuj Mittal, Cameron A. MacKenzie, Caroline C. Krejci, Taylor B. Elkins 2018 Iowa State University

Modeling Uncertainty In Rooftop Pv Investment Return, Anuj Mittal, Cameron A. Mackenzie, Caroline C. Krejci, Taylor B. Elkins

Industrial and Manufacturing Systems Engineering Conference Proceedings and Posters

Residential energy consumers in the U.S. have shown increased interest in solar-based electricity at home, resulting in increased adoption of photovoltaic (PV) systems on residential rooftops. Empirical research has determined that economic factors are the dominant motivation behind consumers’ decisions to adopt rooftop PV. However, the high degree of uncertainty with respect to return on investment has slowed adoption rates. The factors that drive this uncertainty can be classified as exogenous and endogenous. Exogenous factors include market and environmental factors that are not under the consumers’ control, such as change in net metering policies and future electricity tariffs, and ...


Residential Solar In Washington State, Sam Pfeifer 2018 Central Washington University

Residential Solar In Washington State, Sam Pfeifer

All Master's Theses

Electricity generated through residential solar provides a low carbon source of electricity. However, diffusion of residential solar remains low across the United States. Growing this diffusion takes an understanding of localized uptake trends, which can focus policy and business efforts to help increase residential solar market penetration. This is the first research to investigate residential solar uptake in Washington State and to examine environmental education as a potential driver of residential solar uptake. Through a snapshot analysis which considers environmental, economic, education, and cultural variables the present research fills this gap. Triangulated results include mapping of variables, ordinary-least squares multiple ...


Sacrifice, Benefit, And Reciprocity: Evidence From A Trust Game, Mirco Dinelli 2018 Yale University

Sacrifice, Benefit, And Reciprocity: Evidence From A Trust Game, Mirco Dinelli

Honors Theses

Social preferences have generated much interest in recent economic literature. While reciprocity has been closely examined by several economists using gift exchange and other games, much of their focus is on the effect of intentions and motivations. Instead, I focus on two strictly outcome-based factors in the context of a trust game: sacrifice made by the giver and benefit received by the recipient. I attempt to isolate these influences by varying the multiplier across variations of the trust game to create comparison groups that differ in one of these factors, but not both. Unable to control for all expected sources ...


Contributors Of Singaporean Youths' Wellbeing: Life Goals, Family-Community-Nation Capitals, Opportunity And Social Mobility, Kong Weng HO 2018 Singapore Management University

Contributors Of Singaporean Youths' Wellbeing: Life Goals, Family-Community-Nation Capitals, Opportunity And Social Mobility, Kong Weng Ho

Research Collection School Of Economics

Life goals induce one’s current investment and set one’s expectations of future outcomes, affecting one’s current state of subjective wellbeing. Using National Youth Survey (NYS) 2016, which has a representative sample of Singaporean youths, we find that non-zero-sum life goals such as family-oriented life goals and altruism-oriented life goals enhance happiness and life satisfaction of Singaporean youths while career-oriented life goals, zero-sum in nature, reduce subjective wellbeing. Apart from personal motivations or life aspirations, perceived social mobility (in terms of career opportunity and meritocracy) matters positively in the subjective wellbeing of both youths in school and in ...


Estimating Risk Preferences In The Field, Levon Barseghyan, Francesca Molinari, Ted O'Donoghue, Joshua C. Teitelbaum 2018 Cornell University

Estimating Risk Preferences In The Field, Levon Barseghyan, Francesca Molinari, Ted O'Donoghue, Joshua C. Teitelbaum

Georgetown Law Faculty Publications and Other Works

We survey the literature on estimating risk preferences using field data. We concentrate our attention on studies in which risk preferences are the focal object and estimating their structure is the core enterprise. We review a number of models of risk preferences—including both expected utility (EU) theory and non-EU models—that have been estimated using field data, and we highlight issues related to identification and estimation of such models using field data. We then survey the literature, giving separate treatment to research that uses individual-level data (e.g., property insurance data) and research that uses aggregate data (e.g ...


Essays On Environmental Economics And Policy, Mehdi Nemati 2018 University of Kentucky

Essays On Environmental Economics And Policy, Mehdi Nemati

Theses and Dissertations--Agricultural Economics

Environmental goals such as urban water conservation and pollution control regulations are typically achieved through price and non-price methods. This dissertation offers an analysis of the non-price approaches, including the rationing of water for particular users, installation of particular technologies, and adoption of particular certifications to achieve environmental goals. To begin, an analysis of California’s 2015 urban water conservation mandate was performed. Results indicate that the average welfare loss of the mandate is $6,107 per acre-foot of restriction in Northern California and $2,757 per acre-foot of restriction in Southern California. In terms of monthly household-level willingness-to-pay (WTP ...


The Cultural Shaping Of Career Aspirations: Acculturation And Chinese Biculturals' Career Identity Styles, Dan Tao, Rui Zhang, Evelina Lou, Richard N. Lalonde 2018 Dickinson College

The Cultural Shaping Of Career Aspirations: Acculturation And Chinese Biculturals' Career Identity Styles, Dan Tao, Rui Zhang, Evelina Lou, Richard N. Lalonde

Faculty and Staff Publications By Year

Choosing one’s occupation is an important life decision for young adults. This decision may be particularly complicated for biculturals who have access to two potentially conflicting sets of career-related cultural norms. The present study examined the role of both mainstream and heritage acculturations in the context of career decisions, for a sample of bicultural Chinese emerging adults in Canada (N = 194). Results first verified the validity of a modified measure of Berzonsky’s (1989) identity processing styles in the career domain. Path analysis supported our proposed model and showed that Canadian acculturation predicted an informational career identity style, whereas ...


Precarious Paradise: The Financial Well-Being Of Hispanic Immigrant Day Laborers In Malibu, Luisa Blanco, Lila M. Carlsen, Daniel R. Morrison, George Carlsen, Ashley Chaparro, Erick Molina 2017 Pepperdine University

Precarious Paradise: The Financial Well-Being Of Hispanic Immigrant Day Laborers In Malibu, Luisa Blanco, Lila M. Carlsen, Daniel R. Morrison, George Carlsen, Ashley Chaparro, Erick Molina

Lila McDowell Carlsen

Using a mixed method approach we conducted a study consisting of written surveys, focus groups, and individual interviews with 58 men and women who were seeking employment through the Malibu Community Labor Exchange (MCLE) at the time of the study and were predominantly Hispanic immigrants. A central aim of this study is to develop an understanding of how Spanish-speaking Hispanic immigrant day laborers have fared financially in the aftermath of the economic crisis of 2007-2008. We find in our study that weak labor market conditions and intersecting inequities have led to job insecurity, job scarcity, and wage stagnation among workers ...


Fake News: Can We Correct It All And Does It Matter If We Don't?, Emma C. Brickfield 2017 College of the Holy Cross

Fake News: Can We Correct It All And Does It Matter If We Don't?, Emma C. Brickfield

Economics Department Student Scholarship

This paper looks to identify if correcting fake news articles is sufficient to prevent people from making decisions based on factually incorrect information. Through an experiment, I find that correcting a fake news article makes a person less likely to put money towards the issue that the fake story supported. I also find that over time people are more likely to forget the corrections but that it does not change their economic decision at a statistically significant rate.


Decision-Making In Simultaneous Games: Reviewing The Past For The Future, Mohsen Ahmadian, Ehsan Elahi, Roger Blake 2017 University of Massachusetts Boston

Decision-Making In Simultaneous Games: Reviewing The Past For The Future, Mohsen Ahmadian, Ehsan Elahi, Roger Blake

Mohsen Ahmadian

This research reviews the prior behavioral economics studies in simultaneous games and behavioral operations management literature to propose some new research avenues in the field of behavioral operations management with a focus on simultaneous competitions. Findings of this study show that although many behavioral studies have been done, behavioral research on simultaneous competitions in operations management is rare. Review of the literature indicates that some contemporary trends are emerging in behavioral studies, so there are many opportunities for future research in this area. Moreover, this research highlights the importance of decision science as an interdisciplinary field of study, which in ...


Spillovers From Behavioral Interventions: Experimental Evidence From Water And Energy Use, Katrina Jessoe, Gabriel E. Lade, Frank Loge, Edward Spang 2017 University of California, Davis

Spillovers From Behavioral Interventions: Experimental Evidence From Water And Energy Use, Katrina Jessoe, Gabriel E. Lade, Frank Loge, Edward Spang

Economics Working Papers

This paper provides experimental evidence that behavioral interventions spill over to untreated sectors by altering consumer choice. We use a randomized controlled trial and high-frequency data to test the eect of social norms messaging about residential water use on electricity consumption. Messaging induces a 1.3 to 2.2% reduction in summertime electricity use. Empirical tests and household survey data support the hypothesis that this nudge alters electricity choices. An engineering simulation suggests that complementarities between appliances that use water and electricity can explain only 26% of the electricity reduction. Incorporating the cross-sectoral spillover increases the cost-eectiveness of the intervention ...


Essays In Behavioral Economics, Jing Li 2017 University of Tennessee, Knoxville

Essays In Behavioral Economics, Jing Li

Doctoral Dissertations

In chapter one, I propose a model consolidating the norm- and preferences-based approaches to explain laboratory bargaining outcomes. Social norms are identified by the axioms of cooperative bargaining theory, and other-regarding preferences are captured using Fehr and Schmidt's inequity aversion utility function. The model applies to bargaining situations where other-regarding agents abide by social norms in their decision-making. Preferences and norms interact to determine bargaining outcomes, and their interaction undermines the recoverability of the other-regarding preference parameters based on observations from the lab.

In chapter two, I employ a lab experiment to study whether men receive lucrative tasks more ...


Nebraska Business And Consumer Confidence Index: December 1, 2017, Eric Thompson 2017 University of Nebraska-Lincoln

Nebraska Business And Consumer Confidence Index: December 1, 2017, Eric Thompson

Leading Economic Indicator Reports

Consumer and business confidence surged in Nebraska during November. The Consumer Confidence Index – Nebraska (CCI-N) rose to 106.2 in November from 95.1 in October. The November value is well above the neutral level of 100.0. Likewise, the Business Confidence Index – Nebraska (BCI-N) rose from 102.7 in October to 114.1 in November, which is also well above the neutral value of 100.0. When asked about the most important issue facing their business, customer demand was mentioned by 32 percent of respondents. Nearly as many businesses mentioned workforce issues. In particular, the availability and quality of ...


The Impact Of Culture On Hispanic Entrepreneurs As Mediated By Motivation, Challenge, And Success, Valerie V. Ballesteros 2017 University of the Incarnate Word

The Impact Of Culture On Hispanic Entrepreneurs As Mediated By Motivation, Challenge, And Success, Valerie V. Ballesteros

Theses & Dissertations

In the modern economic environment, demographic shifts in U.S. population resulting from changing immigration, changing economic policies and environments, and growing socioeconomic disparity, scholarly research examining the business behavior of specific groups and the impact of behavior on the broader marketplace is valuable and necessary. Hispanic entrepreneurs, when compared to both minority and non-minority business-owners, started and flourished in successful business ownership at a greater growth rate than any other group (Davila, Mora, & Zeitlin, 2014). Since the beginning of the 21st century, Hispanic entrepreneurs have become a measurable economic force. The cultural experience of the Hispanic entrepreneur is important ...


Costs Of Inefficient Regulation: Evidence From The Bakken, Gabriel E. Lade, Ivan Rudik 2017 Iowa State University

Costs Of Inefficient Regulation: Evidence From The Bakken, Gabriel E. Lade, Ivan Rudik

Economics Working Papers

Efficient pollution regulation equalizes marginal abatement costs across sources. Here we study a new flaring regulation in North Dakota's oil and gas industry and document its efficiency. Exploiting detailed well-level data, we find that the regulation reduced flaring 4 to 7 percentage points and accounts for up to half of the observed flaring reductions since 2015. We construct firm-level marginal flaring abatement cost curves and find that the observed flaring reductions could have been achieved at 20%lower cost by imposing a tax on flared gas equal to current public lands royalty rates instead of using firm-specific flaring requirements.


The Perceived Return On College Investment In Relation To Economic Expectations Of Students At The University Of Maryland, Joshua S. Roston 2017 University of Maryland at College Park

The Perceived Return On College Investment In Relation To Economic Expectations Of Students At The University Of Maryland, Joshua S. Roston

Undergraduate Economic Review

This paper presents the results of a survey conducted in the spring semester of 2017 of University of Maryland students. The results illustrate how University of Maryland students weigh the decision to attend college in terms of their perceived current economic situation and future expectations as well as predicted return on investment. A body of economic literature on the perception of return on investment from attending college exists already and this study hopes to add to the discussion as its results are unexpected. The results imply that the current generation of college students feels uncertain over the worthwhileness of higher ...


A New Generation Of Voting: Promoting Youth Voter Turnout Through Applied Behavioral Economics, Jonathan Skekloff 2017 University of Pennsylvania

A New Generation Of Voting: Promoting Youth Voter Turnout Through Applied Behavioral Economics, Jonathan Skekloff

SPICE: Student Perspectives on Institutions, Choices and Ethics

The American democratic system is fundamentally based on the idea of a government of the people. At the cornerstone of this system is voting. However, to date, voter turnout among the youth vote (citizens aged 18-29) is very low. This paper explores the historical data of youth voter turnout and subsequently addresses two core questions. First, why is youth voter turnout important? Second, what can we do to increase youth voter turnout in the 21st century? This paper argues that youth voter turnout is important for a number of reasons, from education levels to habitual voting. Primary among these is ...


Statistical Modelling, Optimal Strategies And Decisions In Two-Period Economies, Jiang Wu 2017 The University of Western Ontario

Statistical Modelling, Optimal Strategies And Decisions In Two-Period Economies, Jiang Wu

Electronic Thesis and Dissertation Repository

Motivated by some real problems, our thesis puts forward two general two-period pricing models and explore optimal buying and selling strategies in two states of the two-period decision, when buyer/seller's decisions in the two periods are uncertain: commodity valuations may or may not be independent, may or may not follow the same distribution, be heavily or just lightly influenced by exogenous economic conditions, and so on. For both the example of buying laptops and the example of selling houses, the connections between each example and the two-envelope paradox encourage us to explore optimal strategies based on the works ...


An Examination Of Consumer Willingness To Pay For Local Products, Aaron Adalja, James Hanson, Charles Towe, Elina Tselepidakis 2017 Cornell University School of Hotel Administration

An Examination Of Consumer Willingness To Pay For Local Products, Aaron Adalja, James Hanson, Charles Towe, Elina Tselepidakis

Aaron Adalja

We use data from hypothetical and nonhypothetical choice-based conjoint analysis to estimate willingness to pay for local food products. The survey was administered to three groups: consumers from a buying club with experience with local and grass-fed production markets, a random sample of Maryland residents, and shoppers at a nonspecialty Maryland supermarket. We find that random-sample and supermarket shoppers are willing to pay a premium for local products but view local and grass-fed production as substitutes. Conversely, buying-club members are less willing to pay for local production than the other groups but do not confllate local and grass-fed production.


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