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Accounting For Agent Heterogeneity In Market And Policy Analysis, Konstantinos Giannakas 2019 University of Nebraska-Lincoln

Accounting For Agent Heterogeneity In Market And Policy Analysis, Konstantinos Giannakas

Zea E-Books

doi:10.13014/K2416V8V

This book presents a multi-market framework of market and policy analysis that explicitly accounts for the empirically relevant heterogeneity in consumer preferences and producer characteristics. The explicit consideration of consumer and producer heterogeneity represents a significant departure from the representative consumer and producer that have been at the center of most of the literature on market and policy analysis, and enables the distributional impacts of changes in market conditions and policies to be fully identified. The framework is used to analyze the system-wide market and welfare impacts of a number of changes in market conditions (like ...


Post-Crisis Economic And Social Policy: Some Thoughts On Structural Reforms 2.0., Philomila Tsoukala 2019 Georgetown University Law Center

Post-Crisis Economic And Social Policy: Some Thoughts On Structural Reforms 2.0., Philomila Tsoukala

Georgetown Law Faculty Publications and Other Works

Managing the euro crisis has been a process of institutional transformation for the EU. The European Semester has emerged as a powerful tool for economic policy coordination between the Member States. Beyond the new enforcement tools that the Semester affords the Commission and Council in case of non-compliance with country-specific recommendations, the management of the crisis has given the Commission experience in structural reforms. The Commission now regularly uses this experience in formulating its yearly country-specific recommendations to Member States. Far from a stalwart of untethered neoliberalism, the Commission has been fashioning itself as the manager with a human face ...


A Study Of The Effects Of Certificate Of Need Law On Inpatient Occupancy Rates, Jomon Aliyas Paul, Huan Ni, Aniruddha Bagchi 2018 Selected Works

A Study Of The Effects Of Certificate Of Need Law On Inpatient Occupancy Rates, Jomon Aliyas Paul, Huan Ni, Aniruddha Bagchi

Aniruddha Bagchi

Increasing healthcare costs and the deterioration of healthcare quality have always been major concerns to policy makers in the United States, and Certificate of Need (CON) Law has been implemented as one way to curb wasteful healthcare resource use. Theoretically, CON can lead to a reduction in the number of beds as well as in the number of inpatient days (possibly by shortening the length of patient stay). However, these two effects impact inpatient occupancy rate in opposite directions. We test empirically to find out which of these two effects dominate. In this study, we investigate the impact of CON ...


Should Schools Have Teachers Carry Guns?, John R. Lott Jr 2018 Crime Prevention Research Center

Should Schools Have Teachers Carry Guns?, John R. Lott Jr

Health Behavior Research

With 20 states having teachers and staff carrying guns to varying degrees on school property, we don’t need to guess how the policy would work. Fears of teachers carrying guns in terms of accidents or other problems have not materialized.Letting teachers carry is the only effective way to overcome the strategic advantages of mass public killers.The other alternatives to preventing mass public shootings have real limits.


Sports Arenas, Teams And Property Values: Temporary And Permanent Shocks To Local Amenity Flows, Yulia Chikish, Brad Humphreys, Adam Nowak 2018 West Virginia University

Sports Arenas, Teams And Property Values: Temporary And Permanent Shocks To Local Amenity Flows, Yulia Chikish, Brad Humphreys, Adam Nowak

Economics Faculty Working Papers Series

Professional sports facilities and teams generate local amenity flows in cities that may affect property values. Previous research shows evidence of important positive and negative local amenity flows based on case studies of changes in residential property values in specific cities. We analyze changes in residential property values in Oklahoma City over a period, 2000 to 2016, where both temporary and permanent exogenous shocks to local sports-related amenities occurred. Results from hedonic price models and repeat sales regression models show that nearby residential property prices increased after the opening of a new arena and the arrival of a new, permanent ...


Low Income Households Investment In Energy Efficient Appliances, Jieun Chang 2018 Southwestern Oklahoma State University

Low Income Households Investment In Energy Efficient Appliances, Jieun Chang

Faculty Articles & Research

Introduction

•Does adopting energy efficient appliances reduce electricity consumption among low income households?

•Low income households: households below 150% of the federal poverty level

•Energy efficient appliances:

energy star refrigerators and energy star room air conditioners


The Effects Rebuilding The Century Link Stadium On Residential Property Values In King County Washington, Michael Hensley 2018 University of New Mexico

The Effects Rebuilding The Century Link Stadium On Residential Property Values In King County Washington, Michael Hensley

Shared Knowledge Conference

The price tags associated with building sports centers have been ever increasing over the twentieth century, and with increases in those prices come increases in the public funding and subsidies required to fund them. Sports centers have been credited with having the potential of increasing tourism, employment, and public pride in metropolitan areas. However, the research has mostly shown negligible or adverse effects. We use a hedonic difference in difference approach to determine the effect of building the Century Link Field, a multi-purpose stadium in Seattle, Washington. We find that the building of the stadium was associated with an increase ...


The Critical Need For Mental Health Education To Be Mandated In New Mexico's Public Schools, Bonnie L. Murphy 2018 University of New Mexico

The Critical Need For Mental Health Education To Be Mandated In New Mexico's Public Schools, Bonnie L. Murphy

Shared Knowledge Conference

Based on a review of research and best practices in mental health awareness and skills, this inquiry project argues for state legislative policies that would require mental health awareness and skills in the K-12 curriculum. Mental health affects individual accomplishments in every stage of people’s lives beginning in early childhood and throughout the life cycle. Prevention and treatment of mental illness plays a key role in the ability of an individual to cope with loss and develop resiliency and perseverance in challenging times and to make better decisions that improve the individual’s life and the lives of those ...


Homogeneous Utility Functions With Non-Separable Public Goods: Implications For Non-Market Valuation, Daniel H. Karney 2018 Ohio University

Homogeneous Utility Functions With Non-Separable Public Goods: Implications For Non-Market Valuation, Daniel H. Karney

Daniel H Karney

In a utility model with non-separable public goods, this study derives relationships between the degree of homogeneity of the utility function and both the indirect utility and expenditure functions. Implications for non-market valuation are then derived. For example, assuming a general, non-separable homogeneous utility function, the ratio of marginal willingness to pay for pairs of private and public goods is unaffected by the level of public good provision.


Comparison Of Country/Economies At Stage Of Development With Movement In Rankings Of Countries On Global Competitiveness, Pradip K. Shukla, M. P. Shukla, Y. P. Shukla, A. P. Shukla 2018 Chapman University

Comparison Of Country/Economies At Stage Of Development With Movement In Rankings Of Countries On Global Competitiveness, Pradip K. Shukla, M. P. Shukla, Y. P. Shukla, A. P. Shukla

Business Faculty Articles and Research

With close to 200 countries in the world today, these countries are at various stages of development from less developed to more develop; these stages are often labeled in a rising numerical sequence such as Stage 1 to 3. Countries in the world compete in a global economy to benefit their domestic firms and citizens. As countries move to a higher stage of economic development they offer more global competitiveness for global businesses seeking new markets for sales, offshore outsourcing, and investments.

“The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business ...


Pretrial Release And Failure-To-Appear In Mclean County, Il, Jonathan Monsma 2018 Illinois State University

Pretrial Release And Failure-To-Appear In Mclean County, Il, Jonathan Monsma

Stevenson Center for Community and Economic Development to Stevenson Center for Community and Economic Development—Student Research

Actuarial risk assessment tools increasingly have been employed in jurisdictions across the U.S. to assist courts in the decision of whether someone charged with a crime should be detained or released prior to their trial. These tools should be continually monitored and researched by independent 3rd parties to ensure that these powerful tools are being administered properly and used in the most proficient way as to provide socially optimal results. McLean County, Illinois began using the Public Safety Assessment-CourtTM (PSA-Court or simply PSA) risk assessment tool beginning in 2016. This study culls data from the McLean County ...


Reflections On Two Years Of P.R.O.M.E.S.A., David A. Skeel Jr. 2018 University of Pennsylvania Law School

Reflections On Two Years Of P.R.O.M.E.S.A., David A. Skeel Jr.

Faculty Scholarship at Penn Law

This Essay draws both on my scholarly and on my personal experience as a member of Puerto Rico’s oversight board to assess the first two years of the Board’s existence. I begin in a scholarly mode, by exploring the question of where P.R.O.M.E.S.A., the legislation that created the Board, came from. P.R.O.M.E.S.A.’s core provisions are, I will argue, the product of two historical patterns that have emerged in responses to the financial distress of public entities in the United States. The first dates back to ...


Common Carriage’S Domain, Christopher S. Yoo 2018 University of Pennsylvania Law School

Common Carriage’S Domain, Christopher S. Yoo

Faculty Scholarship at Penn Law

The judicial decision invalidating the Federal Communications Commission’s first Open Internet Order has led advocates to embrace common carriage as the legal basis for network neutrality. In so doing, network neutrality proponents have overlooked the lessons from the history and the academic literature on common carriage. This Essay distills these learnings into five factors that play a key role in promoting common carriage’s success: (1) commodity products, (2) simple interfaces, (3) stability and uniformity in the transmission technology, (4) deployment of the transmission network, and (5) stable demand and market shares. Applying this framework to the Internet suggests ...


International Energy Geopolitics, Bert Chapman 2018 Purdue University

International Energy Geopolitics, Bert Chapman

Libraries Faculty and Staff Presentations

Overview of international energy geopolitical trends. Emphasizes the importance of the Persian Gulf, South China Sea, East China Sea, Russia, and the Arctic to U.S. and international economic and strategic developments. Stresses the continuing importance of fossil fuels in domestic and international energy consumption, the variety of energy sources being used by various global regions, the potential for military conflict over access to natural resources, and how emerging energy leaders will determine global energy, environmental, and international security developments.


Moderate Growth With A Stronger Industrial Sector, Eric Thompson 2018 University of Nebraska-Lincoln

Moderate Growth With A Stronger Industrial Sector, Eric Thompson

Business in Nebraska

Nebraska will record solid economic growth during the forecast period but will lag U.S. growth. While Nebraska’s large farming sector has stabilized, it will not contribute much to economic growth during the forecast period. Job growth also will be sluggish in transportation, retail trade and state and local government. Job growth, however, will be stronger in the services, finance, manufacturing and construction. Projected growth rates for 2018 to 2020 are presented in Table 1.

Employment will grow by 0.8% to 1.0% per year, below the national rate. Non-farm income will grow between 3.6% and 3 ...


Policy Innovations For Affordable Housing In Singapore: From Colony To Global City, Sock Yong PHANG 2018 Singapore Management University

Policy Innovations For Affordable Housing In Singapore: From Colony To Global City, Sock Yong Phang

Research Collection School Of Economics

Global cities today are facing fundamental challenges in relation to unaffordable housing and growing economic inequality. Singapore’s success in making home ownership possible for 90% of its population has attracted much attention internationally. This book represents a culmination of research by the author on key housing policy innovations for affordable housing. Housing policy changes were effected in the 1960s through reforms of colonial legislation and institutions dealing with state land acquisition, public housing, and provident fund savings. The comprehensive housing framework that was established enabled the massive resettlement of households from shophouses, slums and villages to high-rise government-built flats ...


The Policy Trajectories Of Autonomous Vehicles, John Paul MacDuffie 2018 University of Pennsylvania

The Policy Trajectories Of Autonomous Vehicles, John Paul Macduffie

Penn Wharton Public Policy Initiative

Autonomous Vehicle (AV) technology promises to dramatically reduce deaths and economic losses from crashes caused by human error, increase mobility for those with disabilities, and revolutionize the auto industry. Yet legislation to facilitate oversight of the development and deployment of AVs is stalling in Congress. Professor John Paul MacDuffie offers a primer on AV technology policy, and discusses strategies for addressing safety and other public concerns while still facilitating AV innovation in the private sector.


Election Administration Within The Sphere Of Politics: How Bureaucracy Can Facilitate Democracy With Policy Decisions, Nicholas S. Martinez 2018 Florida International University

Election Administration Within The Sphere Of Politics: How Bureaucracy Can Facilitate Democracy With Policy Decisions, Nicholas S. Martinez

FIU Electronic Theses and Dissertations

Public bureaucracy finds itself in a strange place at the intersection of political science and public administration. Political science finds that, within representative democracy, discretion granted to bureaucrats threatens the nature of democracy by subverting politicians who represent the will of the people – bureaucracy vs democracy. At the same time, public administration holds that, in the interest of promoting democracy, bureaucracy should be objective in its implementation of policy in a way that eliminates the influence of politics from decision-making – politics vs bureaucracy. Those positions are seemingly contradictory in nature. From one perspective, bureaucracy is undemocratic because it is outside ...


Empirical Essays In Household Economics, Hao Li 2018 Southern Methodist University

Empirical Essays In Household Economics, Hao Li

Economics Theses and Dissertations

This dissertation is consist of three empirical studies in economics. The first part empirically examines the effect of universal pre-k on labor force participation of fertility age women in Oklahoma. I investigate the policy effect from both theoretical and empirical perspectives. I apply the synthetic control method (SCM) to the Current Population Survey (CPS) data to identify the causal relationship between universal pre-k and female labor outcomes. I find that universal pre-k increases labor supply of women aged 25 to 45 in Oklahoma. The second empirical study focuses on how the birth outcomes of US children respond to exposure to ...


Comparisons Of Ad Valorem And Unit Tax In Two Different Industries, Kai Zhang 2018 Southern Methodist University

Comparisons Of Ad Valorem And Unit Tax In Two Different Industries, Kai Zhang

Economics Theses and Dissertations

This dissertation analyzes the comparisons between unit and ad valorem tax in two different industries.

Chapter 1 considers an industry with one upstream monopolist and a fixed number of asymmetric downstream firms. I compare market outcomes from unit and ad valorem tax under three pricing schemes that the upstream monopolist can use, uniform pricing, third-degree price discrimination, and two-part tariffs. I find that ad valorem tax is always tax revenue preferred to unit tax when both are charged at the same layer as long as profit margin is positive. Downstream ad valorem tax improves total social welfare by relocating production ...


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