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University of Massachusetts Amherst

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Full-Text Articles in Business

Amalgamation And The Ideology Of White Supremacy In American Sport, Todd Crosset Jul 2015

Amalgamation And The Ideology Of White Supremacy In American Sport, Todd Crosset

Todd Crosset

Prepared for Office of the United Nations High Commissioner for Human Rights: 7th session of the Ad Hoc Committee on the Elaboration of Complementary Standards to the International Convention on the Elimination of All Forms of Racial Discrimination (ICERD)


Western Women, Physicality And Movement In India: On Learning Kabaddi, Todd Crosset Nov 2014

Western Women, Physicality And Movement In India: On Learning Kabaddi, Todd Crosset

Todd Crosset

No abstract provided.


The Great Massachusetts Migration Exchange, Robert A. Nakosteen, Susan Strate Jan 2014

The Great Massachusetts Migration Exchange, Robert A. Nakosteen, Susan Strate

Robert A Nakosteen

No abstract provided.


Cautious Optimism: Massachusetts Economic Recovery And Expansion, Daniel Hodge, Robert A. Nakosteen Jan 2014

Cautious Optimism: Massachusetts Economic Recovery And Expansion, Daniel Hodge, Robert A. Nakosteen

Robert A Nakosteen

No abstract provided.


An Updated Model Of Price-To-Book, Ben Branch, Anurag Sharma, Chetan Chawla, Feng Tu Jan 2014

An Updated Model Of Price-To-Book, Ben Branch, Anurag Sharma, Chetan Chawla, Feng Tu

Ben S. Branch

The price-to-book (PB) ratio is a measure of the relative value that the market places on a share of stock. We have estimated an empirical equation of two stages that explain about 62% of the variation in annual PB levels for the S&P 500 companies from the year 2000 to 2009. We explored the market's ability to anticipate changes in performance and found that the market price appears to reflect anticipatory information not present in the model value. This paper both advances understanding of PB 's determinants and provides a tool for managers who wish to enhance their firm's PB.


Assembling A Covered Call Portfolio On Dividend-Paying Stocks, Ben Branch Jan 2014

Assembling A Covered Call Portfolio On Dividend-Paying Stocks, Ben Branch

Ben S. Branch

No abstract provided.


Round One? Judge Issues Rulings In Long-Awaited Copyright Infringement Lawsuit Against Georgia State University, Linda K. Enghagen Jan 2014

Round One? Judge Issues Rulings In Long-Awaited Copyright Infringement Lawsuit Against Georgia State University, Linda K. Enghagen

Linda K. Enghagen

Long-awaited rulings from the copyright infringement lawsuit provide the most specific guidance available to date regarding fair use of certain types of materials in e-reserves systems and online course management systems. Unless successfully appealed or otherwise overturned, this case represents a significant victory for Georgia State University specifically and higher education in general. In addition to rejecting the 1976 Classroom Copying Guidelines for Books and Periodicals as an appropriate legal standard for fair use, the case holds that semester-to-semester use of the same material is permitted under fair use. Further, at least for non-fiction books, this case provides somewhat formulaic …


On Second Thought...Recent Decisions Continue To Reshape Intellectual Property Landscape, Stephen Mckelvey, John Grady Jan 2014

On Second Thought...Recent Decisions Continue To Reshape Intellectual Property Landscape, Stephen Mckelvey, John Grady

Stephen McKelvey

“Sport Marketing and the Law” column of Sport Marketing Quarterly—have, through the appellate process, produced new decisions warranting attention from legal and sport marketing scholars and practitioners. These recent decisions have the potential to reshape certain aspects of sport marketing practice and reflect litigation trends of which savvy sport marketers should be aware.


Coach Leadership Effect On Elite Handball Players’ Psychological Empowerment And Organizational Citizenship Behavior, Young Han Lee, So-Hee Kim, Joon-Ho Kang Jan 2013

Coach Leadership Effect On Elite Handball Players’ Psychological Empowerment And Organizational Citizenship Behavior, Young Han Lee, So-Hee Kim, Joon-Ho Kang

Young Han Lee

This article examines the significance of the correlation between coach leadership behavior and players' organizational citizenship behavior, and the mediating role of psychological empowerment in the process. A total of 73 professional handball players from five different teams assessed leadership style, psychological empowerment, and organizational citizenship behavior based on the scale adapted from Multifactor Leadership Questionnaire form 5X. Regression analysis and bootstrap methods were utilized to test the proposed hypotheses. Findings indicated that both transactional and transformational leadership styles significantly predicted players' organizational citizenship behavior. In particular, psychological empowerment played a mediating role in the association between coach leadership and …


The Effects Of Coworker Heterogeneity On Firm-Level Output: Assessing The Impacts Of Cultural And Language Diversity In The National Hockey League, Leo Kahane, Neil Longley, Robert Simmons Jan 2013

The Effects Of Coworker Heterogeneity On Firm-Level Output: Assessing The Impacts Of Cultural And Language Diversity In The National Hockey League, Leo Kahane, Neil Longley, Robert Simmons

Neil Longley

This paper uses data from the National Hockey League (NHL) to consider the potential gains to firms from employing culturally diverse work teams. It finds that the presence of foreign workers does increase firm-level performance: NHL teams that employed a higher proportion of European players performed better. However, the results also indicate that teams perform better when their European players come from the same country rather than being spread across many European countries. When teams have players from a wide array of European countries, integration costs associated with language and cultural differences may start to override any gains from diversity.


Whither The Recovery? Massachusetts At The Economic Crossroads, Robert A. Nakosteen, Robert Nakosteen Jan 2013

Whither The Recovery? Massachusetts At The Economic Crossroads, Robert A. Nakosteen, Robert Nakosteen

Robert A Nakosteen

No abstract provided.


Considering Cultural Influences In Volunteer Satisfaction And Commitment, Sheranne Fairley, Young Han Lee, B. Christine Green, Mi Lyang Kim Jan 2013

Considering Cultural Influences In Volunteer Satisfaction And Commitment, Sheranne Fairley, Young Han Lee, B. Christine Green, Mi Lyang Kim

Young Han Lee

Volunteers are crucial to the delivery of sport events worldwide. This research examines the efficacy of Western models of volunteering for Korean volunteers. Specifically, this research examines the relationship between benefits, sense of community, satisfaction, and commitment in a Korean context. A survey of 218 volunteers at the 2011 Formula One Grand Prix in Seoul, Korea was conducted. The results indicate that the structure of benefits obtained was less differentiated than previous research that has been conducted in Western cultures where volunteering is more prevalent. Further, the results show that the two benefits that Korean volunteers believed they obtained, excitement …


[“Calling The Question”] The Politics Of Time In A Time Of Polarized Politics, Elizabeth L. Krause,, Anurag Sharma Jan 2013

[“Calling The Question”] The Politics Of Time In A Time Of Polarized Politics, Elizabeth L. Krause,, Anurag Sharma

Anurag Sharma

In this paper, we examine the role of time in shaping decision-making processes in a town meeting, a type of legislative body common in many New England towns. Town meetings are one of the oldest and most democratic institutions of local governance in the United States, and they provide a rich arena in which to investigate how large groups of people convene and make decisions together. A mixed-methods approach enabled our team of researchers to gain insight into the processes and dynamics that played out in one town meeting. We analyze the tensions between democratic values of “taking time” vs. …


Goal Reversion In Consumer Choice, Kurt A. Carlson, Margaret G. Meloy, Elizabeth G. Miller Jan 2013

Goal Reversion In Consumer Choice, Kurt A. Carlson, Margaret G. Meloy, Elizabeth G. Miller

Elizabeth G Miller

How do consumers manage goal conflicts before making a choice? This question was studied by examining emerging preferences in choices involving two products that were means to conflicting goals. These preference patterns revealed that an initially active goal, which had been set aside to reconcile a goal conflict, exerted greater than expected influence on the remainder of the choice process. This influence was manifest in a tendency for consumers to revert to the product aligned with the initially active goal upon seeing information that objectively favored neither product. The prevalence of the reversion (i.e., flip-flop) preference pattern suggests that activation …


Fortune 500 Companies' Use Of Twitter Communications: A Comparison Between Prodnct And Service Tweets, Kunal Swani, George R. Milne, Cory Cromer, Brian P. Brown Jan 2013

Fortune 500 Companies' Use Of Twitter Communications: A Comparison Between Prodnct And Service Tweets, Kunal Swani, George R. Milne, Cory Cromer, Brian P. Brown

George R. Milne

The growth of Twitter through the years has attracted the attention of IMC marketers who perceive it as a tool to interact with their clientele in a more efficient, effective, and engaging manner. Marketers are constantly trying to create effective tweets to increase consumer engagement on Twitter that will help their brands. Using content analysis, the authors measured the relationship between different messaging strategies and message content for products and services by analyzing 3,982 tweets of 277 Fortune 500 companies. This exploratory research found significant differences in tweeting marketing strategies between services vs. products. When these tweets were fiirther examined …


Benchmarking International Tourism Destinations, Albert Assaf, Larry Dwyer Jan 2013

Benchmarking International Tourism Destinations, Albert Assaf, Larry Dwyer

Albert Assaf

Industry productivity growth measures the contribution to the growth of the economy that an industry delivers. Benchmarking international tourism destinations in respect of their productivity is often avoided due to the difference in tourism characteristics between destinations. This paper introduces a novel approach to destination benchmarking that is theoretically motivated to account for this problem. The benchmarking framework proposed uses separate groups of countries with similar characteristics to construct a metafrontier that envelops these groups, and as such represents the world tourism industry. The paper confirms that ignoring heterogeneity (that is, differences in destination characteristics) can lead to bias in …


Improper Tip Pooling Targeted In Class Action Lawsuits, Linda K. Enghagen Jan 2013

Improper Tip Pooling Targeted In Class Action Lawsuits, Linda K. Enghagen

Linda K. Enghagen

The use of class action lawsuits against large corporations over allegedly illegal tip pooling arrangements is increasingly common. This work examines the use of class action lawsuits for this type of lawsuit and analyzes two recent cases from Massachusetts and New York targeting the legality of Starbucks’ tip pooling policy under the laws of each state respectively. Both cases represent significant developments in this area of law in that each, for the first time, provides court interpretations of their respective state statutes regulating tip pooling arrangements. In light of the specific requirements of Massachusetts law, the Massachusetts case yielded a …


New Ftc Guides Impact Use Of Social Media For Companies And Athlete Endorsers, Stephen Mckelvey, James T. Masteralexis Jan 2013

New Ftc Guides Impact Use Of Social Media For Companies And Athlete Endorsers, Stephen Mckelvey, James T. Masteralexis

Stephen McKelvey

In 2012, Nike became the first company in the United Kingdom to have a Twitter campaign banned after the Advertising Standards Authority (ASA), the U.K.’s equivalent of the United States’ Federal Trade Commission, held that soccer star Wayne Rooney had violated rules for clearly communicating to the public that his tweets were advertisements for Nike (Furness, 2012). Nike, through its endorsement deal with Rooney, encouraged Rooney to engage in Twitter messaging as part of its wider “Make It Count” advertising campaign. Rooney’s tweet, which went out to his 4.37 million followers, said: “My resolution – to start the year as …


Politics And Globalization: Uncertainty And Its Economic Discontents, Michael Goodman, Robert A. Nakosteen Jan 2012

Politics And Globalization: Uncertainty And Its Economic Discontents, Michael Goodman, Robert A. Nakosteen

Robert A Nakosteen

Although the Bay State’s knowledge-based economy is poised for continued moderate expansion, it faces serious headwinds beyond its control. These include the stubbornly slow recoveries in the national and global economies, the prospect of sequestered budget cuts and major tax increases at the year’s end, and the continuing sovereign debt crisis in the 17 Euro Zone nations.


An Era Of Economic Recovery Amid High Risk, Robert A. Nakosteen, Martin Romitti Jan 2012

An Era Of Economic Recovery Amid High Risk, Robert A. Nakosteen, Martin Romitti

Robert A Nakosteen

Massachusetts’ economic recovery has experienced ten consecutive quarters of increasing gross state product and a steady drop in its unemployment rate. In spite of these gains, the Bay State saw a significant slowdown last year and faces risks ahead from federal budget cuts, fragile Euro Zone economies, slower Asian economic growth, and international conflicts.


The Role Of Demand Information And Monitoring On Tacit Collusion, Christian Rojas Jan 2012

The Role Of Demand Information And Monitoring On Tacit Collusion, Christian Rojas

Christian Rojas

Motivated by the Green and Porter (1984) and Rotemberg and Saloner (1986) models, we construct lab experiments to test the effects of two factors on collusion: information (regarding next period's demand state) and monitoring (of a rival's past action). Results indicate that information may facilitate collusion more than monitoring, especially as subjects gain experience. A robust finding is that subjects in the Rotemberg and Saloner treatment cooperate as predicted by this theory: collusion falls dramatically in anticipation of unusually large demand and returns to high levels otherwise. These results suggest that tacit and fairly elaborate collusion could arise in stochastic …


The Influence Of Industry Mix On Regional New Firm Entry, Henry C. Renski Jan 2012

The Influence Of Industry Mix On Regional New Firm Entry, Henry C. Renski

Henry C Renski

Per capita rates of entry are commonly used to measure regional entrepreneurial climate. Yet entry rates vary widely by industry and tend to mirror existing regional specializations. Without controlling for industry mix, factors associated with regional differences in entry may describe the industry base rather than entrepreneurial climate. This study finds that while industry mix explains a potentially large portion regional variation in entry, it does not radically alter the relative standing of the most highly ranked regions. Most of the factors commonly associated with the regional entrepreneurial climate remain significant after purging the data of industry mix effects. However, …


Controlling Urban Air Pollution Caused By Households: Uncertainty, Prices, And Income, Carlos Chávez, John K. Stranlund, Walter Gómez Jul 2011

Controlling Urban Air Pollution Caused By Households: Uncertainty, Prices, And Income, Carlos Chávez, John K. Stranlund, Walter Gómez

John K. Stranlund

We examine the control of air pollution caused by households burning wood for heating and cooking in the developing world. Since the problem is one of controlling emissions from nonpoint sources, regulations are likely to be directed at household choices of wood consumption and combustion technologies. Moreover, these choices are subtractions from, or contributions to, the pure public good of air quality. Consequently, the efficient policy design is not independent of the distribution of household income. Since it is unrealistic to assume that environmental authorities can make lump sum income transfers part of control policies, efficient control of air pollution …


Cittaslow, Slow Cities, Slow Food: Searching For A Model For The Development Of Slow Tourism, Linda L. Lowry, Misoon Lee Jun 2011

Cittaslow, Slow Cities, Slow Food: Searching For A Model For The Development Of Slow Tourism, Linda L. Lowry, Misoon Lee

Linda L Lowry

Slow Tourism, a new trend that originated in Italy, is now traversing the globe. This study traces its evolution, synthesizes existing definitions, and develops a conceptual model for the stages of Slow Tourism development. It uses a qualitative, exploratory framework situated in the paradigms of constructivism and critical theory and a critical, interpretative form of inquiry and analysis. Data sources included various types of secondary data as well as primary data collected during personal interviews conducted in November of 2010 with key leaders in the first two CittaSlow designated cities in the U.S. Findings suggest that Slow Tourism, which can …


Thin And Lumpy: An Experimental Investigation Of Water Quality Trading, Jordan F. Suter, John M. Spraggon, Gregory L. Poe May 2011

Thin And Lumpy: An Experimental Investigation Of Water Quality Trading, Jordan F. Suter, John M. Spraggon, Gregory L. Poe

John M. Spraggon

Water quality trading schemes in the United States can predominantly be character- ized by low trading volumes. In this paper we utilize laboratory economics experiments to explore the extent to which the technology through which pollution abatement is achieved in uences market outcomes. Mirroring the majority of water quality trading markets, the sessions utilize small trading groups composed of six participants. To understand the extent to which abatement technology in uences trading behavior, the experimental treatments vary the degree of heterogeneity in initial abatement costs and the potential for long-lived investments in cost-reducing abatement technology.


An Experimental Analysis Of Compliance In Dynamic Emissions Markets, John K. Stranlund, James J. Murphy, John M. Spraggon Apr 2011

An Experimental Analysis Of Compliance In Dynamic Emissions Markets, John K. Stranlund, James J. Murphy, John M. Spraggon

John M. Spraggon

Two important design elements for emission trading programs are whether and to what extent firms are able to bank emissions permits, and how these programs are to be enforced. In this paper we present results from laboratory emissions markets designed to investigate enforcement and compliance when these markets allow permit banking. Banking is motivated by a decrease in the aggregate permit supply in the middle of multi-period trading sessions. Consistent with theoretical insights, our experiments suggest that high permit violation penalties have little deterrence value in dynamic emissions markets, and that the main challenge of enforcing these programs is to …


Who Should Bear The Administrative Costs Of An Emissions Tax?, John K. Stranlund, Carlos A. Chavez Mar 2011

Who Should Bear The Administrative Costs Of An Emissions Tax?, John K. Stranlund, Carlos A. Chavez

John K. Stranlund

All environmental policies involve administrative costs, the costs of implementing and managing policies that extend beyond abatement costs. We examine theoretically the optimal distribution of these costs between the public and regulated sources of pollution. The distribution of administrative costs affects social welfare only if public funds are more expensive than private funds, or if the distribution of administrative costs affects the size of a regulated industry. If having the public take on a larger part of administrative costs increases the size of the industry and this does not lead to lower emissions for a given emissions tax, then it …


The Endogenous Formation Of Coalitions To Provide Public Goods: Theory And Experimental Evidence, David M. Mcevoy, Todd L. Cherry, John K. Stranlund Feb 2011

The Endogenous Formation Of Coalitions To Provide Public Goods: Theory And Experimental Evidence, David M. Mcevoy, Todd L. Cherry, John K. Stranlund

John K. Stranlund

This paper examines the endogenous formation of coalitions that provide public goods in which players implement a minimum participation requirement before deciding whether to join. We demonstrate theoretically that payoff-maximizing players will vote to implement efficient participation requirements and these coalitions will form. However, we also demonstrate that if some players are averse to inequality they can cause inefficient outcomes. Inequality-averse players can limit free riding by implementing larger than efficient coalitions or by blocking efficient coalitions from forming. We test the theory with experimental methods and observe individual behavior and coalition formation consistent with a model of inequality-averse players.


A Feast Or Famine Economy: The Bay State’S Robust But Imbalanced Economic Recovery, Michael Goodman, Robert A. Nakosteen Jan 2011

A Feast Or Famine Economy: The Bay State’S Robust But Imbalanced Economic Recovery, Michael Goodman, Robert A. Nakosteen

Robert A Nakosteen

Massachusetts ’ rebound from the recession has outpaced the nation, but the Bay State’s recovery has been skewed. It has been business-led, white collar, and regionally imbalanced.


Economic Currents: Diverging Destinies, Michael Goodman, Robert A. Nakosteen Jan 2011

Economic Currents: Diverging Destinies, Michael Goodman, Robert A. Nakosteen

Robert A Nakosteen

The State’s overall economic recovery masks widening inequality in education, innovation, and incomes, as well as growing regional imbalances.