Business Commons^™

Sustained Growth, Eric Thompson, University Of Nebraska-Lincoln

Business in Nebraska

U.S. Macroeconomic Outlook

he U.S. economy remains on a path of sustained, moderate economic recovery. Growth persists despite a stalled U.S. housing sector, recession in Europe and slowing growth in China and much of the developing world. These factors undoubtedly have slowed growth in the U.S. economy, and are a continuing source of uncertainty, but U.S. economic growth has continued just the same. The credit must go to a flexible and agile U.S. private sector. Since the financial crisis began, businesses have continued to improve their balance sheets, invest in productivity, and seek out opportunities in growing sectors of the …

An Evaluation Of The Consequences Of Using Short Measures Of The Big Five Personality Traits, Marcus Credé, Peter D. Harms, Sarah Niehorster, Andrea Gaye-Valentine

Department of Management: Faculty Publications

Researchers often use very abbreviated (e.g., 1-item, 2-item) measures of personality traits due to their convenience and ease of use as well as the belief that such measures can adequately capture an individual’s personality. Using data from 2 samples (N = 437 employees, N = 355 college students), we show that this practice, particularly the use of single-item measures, can lead researchers to substantially underestimate the role that personality traits play in influencing important behaviors and thereby overestimate the role played by new constructs. That is, the use of very short measures of personality may substantially increase both the Type …

Business And Wealth Transfer In Nonmetropolitan Nebraska 2012 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben, Odee Ingersoll, Shawn Kaskie

Rural Futures Institute: Publications

Includes

Executive Summary

Introduction

Businesses in the Community

Expected Number of Businesses in Local Community Five Years from Now by Community Size

Most Likely Outcome when Business Owner Leaves or Retires in Community

Business Exits and Transitions

Concern with Business Exits

Concern that Business Closings will Affect Ability to Get Needed Things by Occupation

Views of Community Strategies for Business Exits

Community Well-Being In Nonmetropolitan Nebraska 2012 Nebraska Rural Poll Results, Rebecca J. Vogt, Cheryl A. Burkhart-Kriesel, Randolph L. Cantrell, Bradley Lubben

Rural Futures Institute: Publications

Includes

Executive Summary

Trends in Community Ratings, 1996-2012

Community Change, 1996-2012

Expected Destination of Those Planning to Move: 1998-2012

Proportions of Respondents Very or Somewhat Satisfied with Each Service, 1997-2012

The Community and Its Attributes in 2012

Perceptions of Community Change by Community Size

Expected Community Change in Ten Years by Community Size

Satisfaction with Cellular Phone Service by Community Size

Difficulty or Ease of Leaving Community

Ease or Difficulty of Leaving Community by Length of Residence in Community

Feelings of Community Powerlessness by Community Size

Local Community Involvement Activities, 2002 and 2012

Distance from Goods and Services

Distance from …

2012 Nebraska Business

College of Business: Trade Publications

2012 Nebraska Business

Nissan: Innovation For All -- Hard To Explain, Easy To Experience, Unl Nsac 2012 Agency

College of Journalism and Mass Communications: Student Advertising Projects

The demographic landscape of the United States is changing. Now more than ever, larger populations of multicultural individuals are present and fully integrated into all parts of American society. As such, building a market share in the African American, Hispanic, and Chinese Millennial markets is absolutely necessary. Nissan recognizes the need to connect with these audiences and will do so by generating increased awareness about its innovative brand. The University of Nebraska-Lincoln NSAC Team has devised an effective, buzz-stimulating campaign to target these audiences.

Nissan offers many innovative features that appeal to Multicultural Millennials. This target audience, however, does not …

Rehabilitation Settings After Joint Replacement: An Application Of Multiattribute Preference Elicitation, Tiffany A. Radcliff, Murray J. Côté, David L. Olson, Debra Liebrecht

Department of Management: Faculty Publications

While advances in medical treatment and technologies have the potential to improve the delivery of health care, their use typically involves making multiple, complex decisions. Patients and their medical providers may share in the decision-making processes and balance a variety of criteria and/or attributes in the pursuit of improved health. This necessitates a stronger understanding of the role of human behavior in health care processes and presents a timely opportunity to use decision analysis tools to contribute to this important aspect of health care operations. This article reports on the application of multiattribute preference elicitation to identify postsurgical rehabilitation setting …

Measuring Implicit Psychological Constructs In Organizational Behavior: An Example Using Psychological Capital, Peter D. Harms, Fred Luthans

Department of Management: Faculty Publications

Implicit psychological constructs are effective predictors of behavioral outcomes but are rarely used in organizational settings because of real or imagined problems with measurement validity and administration. To address these concerns, we present a means of assessing implicit constructs quickly and easily by using psychological capital as an example.

Heterogeneous Beliefs And Risk Neutral Skewness, Geoffrey C. Friesen, Yi Zhang, Thomas Zorn

Department of Finance: Faculty Publications

This study tests whether investor belief differences affect the cross-sectional variation of risk-neutral skewness, using data on firm-level stock options traded on the CBOE from 2003 to 2006. Using well known proxies for heterogeneous beliefs, we find that stocks with greater belief differences have more negative skews, even after controlling for systematic risk and other firm-level variables known to affect skewness. This result also goes beyond the net price pressure hypothesis suggested by Bollen and Whaley (2004). Factor analysis identifies latent variables linked to systematic risk and belief differences. The belief factor explains more variation in the risk-neutral density than …

Emergent Organizational Capacity For Compassion, Laura T. Madden, Dennis Duchon, Timothy M. Madden, Donde Ashmos Plowman

Department of Management: Faculty Publications

Our model of emergent organizational capacity for compassion proposes that organizations can develop the capacity for compassion without formal direction. Relying on a framework from complexity science, we describe how the system conditions of agent diversity, interdependent roles, and social interactions enhance the likelihood of self-organizing around an individual response to a pain trigger. When agents then modify their roles to incorporate compassionate responding, their interactions amplify responses, changing the system, and a new order emerges: organizational capacity for compassion. In this new order the organization's structure, culture, routines, and scanning mechanisms incorporate compassionate responding and can influence future responses …

The Effect Of Advertising-Focused, Short-Term Study Abroad Programs On Students’ Worldviews, Frauke Hachtmann

College of Journalism and Mass Communications: Faculty Publications

Global employers in the advertising industry are increasingly interested in hiring students with intercultural communication skills and cultural experience. While the benefits of long-term study abroad programs are well documented, this study focuses on advertising-specific, short-term study abroad programs. The purpose was to explore the effectiveness of such programs on students’ worldviews using a mixed methods design. The results show that students displayed lower levels of ethnocentrism after participating in short-term, advertising-focused study abroad programs. In addition, five qualitative themes emerged: an awareness of and appreciation for the out-group, an increased awareness of the in-group, the importance of communication, a …

Simulating School Closure Policies For Cost Effective Pandemic Decision Making, Ozgur M. Araz, Paul Damien, David A. Paltiel, Sean Burke, Bryce Van De Geijn, Alison Galvani, Lauren Ancel Meyers

Department of Supply Chain Management and Analytics: Faculty Publications

Background: Around the globe, school closures were used sporadically to mitigate the 2009 H1N1 influenza pandemic. However, such closures can detrimentally impact economic and social life.

Methods: Here, we couple a decision analytic approach with a mathematical model of influenza transmission to estimate the impact of school closures in terms of epidemiological and cost effectiveness. Our method assumes that the transmissibility and the severity of the disease are uncertain, and evaluates several closure and reopening strategies that cover a range of thresholds in school-aged prevalence (SAP) and closure durations.

Results: Assuming a willingness to pay per quality adjusted life-year (QALY) …

Pricing Mortality Securities With Correlated Mortality Indexes, Yijia Lin, Sheen Liu, Jifeng Yu

Department of Management: Faculty Publications

This article proposes a stochastic model, which captures mortality correlations across countries and common mortality shocks, for analyzing catastrophe mortality contingent claims. To estimate our model, we apply particle filtering, a general technique that has wide applications in non-Gaussian and multivariate jump-diffusion models and models with nonanalytic observation equations. In addition, we illustrate how to price mortality securities with normalized multivariate exponential titling based on the estimated mortality correlations and jump parameters. Our results show the significance of modeling mortality correlations and transient jumps in mortality security pricing.

Boots On The Ground: A First-Hand Account Of Conducting Psychological Research In Combat, Peter D. Harms, Paul B. Lester

P. D. Harms Publications

At the height of the surge in Iraq, Captain Paul Lester, an Army research psychologist, embedded himself with the 2nd Battalion, 6th Infantry Regiment in order to study leadership and psychological resilience in combat. Few researchers are ever presented with the opportunities and responsibilities inherent for a psychologist in this situation or with the decisions he faced when agreeing to take on this mission. In his own words, Captain Lester explains the nature of this mission, what makes research in this context so unique, and what lessons he learned.

Rtbs: Your Audio Companion, 3am, Cori Schwabe, Casey Mattison, Kathryn Kawa, Allea Grummert, Nick Holle, Gabbi Silke, Derrick Sloan, Brittany Guindon, Amanda Hinrichs

College of Journalism and Mass Communications: Student Advertising Projects

Radio Talking Book Service, a non-profit organization that assists the visually impaired by providing a free radio reading service, came to the University of Nebraska-Lincoln with a challenge: increase brand and service awareness throughout Nebraska.

We began by conducting both secondary and primary research, developing key insights and examining all possible target audiences. We investigated the day-to-day life of the visually impaired, learning that many who have experienced vision loss suffer from decreasing independence and increasing feelings of loneliness. Our primary research revealed that these individuals turn first to eye care professionals, resource organizations for the visually impaired and residential …

Rudolph The Red-Nosed Reindeer And A Four-Year-Old: Lessons For Leadership & Life, Connie I. Reimers-Hild

Kimmel Education and Research Center: Faculty and Staff Publications

Last week while I was in the shower, my four-year-old daughter, Raquel, walked into the bathroom and asked me an interesting question. “Mom, why doesn’t anyone like Rudolph’s shiny red nose?” My daughter was supposed to be in bed sleeping. I am 99% sure she was lying in bed reflecting on her day.

Many nights I have quietly checked on her before going to bed myself only to find her talking to herself while she makes vivid hand gestures and motions. On this particular evening, her talk and gestures must have focused on Rudolph the Red-Nosed Reindeer. After thinking about …

Building A Better Mousetrap: Enhanced Dollar Cost Averaging, Lee Dunham, Geoffrey C. Friesen

Department of Finance: Faculty Publications

This paper presents a simple, intuitive investment strategy that improves upon the popular dollarcost- averaging (DCA) approach. The investment strategy, which we call enhanced dollar-costaveraging (EDCA), is a simple, rule-based strategy that retains most of the attributes of traditional DCA that are appealing to most investors but yet adjusts to new information, which traditional DCA does not. Simulation results show that the EDCA strategy reliably outperforms the DCA strategy in terms of higher dollar-weighted returns about 90% of the time and nearly always delivers greater terminal wealth for reasonable values of the risk premium. EDCA is most effective when applied …

Identifying Barriers And Incentives Related To Attending The Performing Arts: An Examination Of First Year College Students, Laura J. Sweet

College of Journalism and Mass Communications: Theses

Young adults entering their first year of academic study beyond high school face seemingly limitless opportunities. For the first time, they’re on their own: deciding everything from when to eat to where to study and what to do in their free time. Campuses are rich with possibilities. From official student organizations and clubs, to impromptu pizza parties and dorm floor trivia contests, daily decisions create the experiences that shape the life to come. On many large campuses, alongside academic buildings are art galleries and performance spaces. Research shows that early exposures to the arts lead to increased engagement during student …

World Food Crisis: Imperfect Markets Starving Development, A Decomposition Of Recent Food Price Increases, Christine Costello

College of Business: Dissertations, Theses, and Student Research

The recent decade has experienced two rather substantial food price spikes. This thesis sets out to provide an in-depth look at the recent food price increases by achieving two goals: assessing the forces driving food prices, and determining the magnitude of those forces. These goals are reached by reviewing selected rhetoric on the recent food price increases, analyzing case studies, and lastly determining our modeling capabilities in decomposing food price changes. Additionally, this thesis will serve as a tool for stakeholder's to better address critical policy issues surrounding food, agriculture, and energy policies.

Adviser: Hendrik Van Den Berg

The Increasing World Population: A Call For Entrepreneurial Leadership & Innovation, Connie I. Reimers-Hild

Kimmel Education and Research Center: Presentations and White Papers

According to the United Nations, the world’s population hit 7 billion on October 31, 2011. The United Nations is projecting the world population to reach 9.3 billion by 2050. The new population landmark set off alarms in governments and organizations around the world. Most of the growth will occur in the poorest and least developed regions of the world, which already must work to resolve issues related to shortages of quality food, soil, air and water. Many people living in these countries also lack access to education, healthcare and global political capital. This white paper discusses the importance of innovation …

Coaching Leaders: Co-Creating Purpose Based Innovation, Connie I. Reimers-Hild

Kimmel Education and Research Center: Presentations and White Papers

Innovation always begins with people; however, structures and policies are also important catalysts of innovation and change. This presentation will present information on the positive impacts of leadership and innovation coaching at the individual and organizational levels.

Coaching Leaders: Co-Creating Purpose Based Innovation, Connie I. Reimers-Hild

Kimmel Education and Research Center: Presentations and White Papers

Innovation always begins with people, and leading innovation at the individual and organizational levels can be a tricky process. This presentation focuses on Dr. Connie's Inner-Leader Coaching Ecosystem and the positive impact it has had in three different cases.

Sustainability Leader Competencies: A Grounded Theory Study, Pamela G. Schwalb

Department of Agricultural Leadership, Education, and Communication: Dissertations, Theses, and Student Research

The purpose of this critical qualitative study was to develop a theory of the competencies of a sustainability leader, grounded in research. A sustainability leader is generally described as an individual who creates profit for his/her stakeholders, while protecting the environment and improving the lives of those for whom he/she impacts as a result of his/her leadership. Nearly 60 individuals familiar with sustainability were asked to characterize an effective leader of a sustainability initiative or a sustainability organization.

The study revealed there is more than one way to be a sustainability leader—different paths can result in decisions and actions that …

Persistent Place-Based Income Inequality In Rural Nebraska, 1979-2009, David J. Peters

Great Plains Research: A Journal of Natural and Social Sciences (through 2013)

This article addresses a current gap in the inequality literature by identifying demographic and economic factors that best explain persistent income inequality across N = 817 non metropolitan block groups in Nebraska between 1979 and 2009. Over one-half of rural places in Nebraska have average levels of income inequality, one-quarter have persistently low inequality, and one-fifth of places have persistently high levels of income inequality. Results of multinomial logistic regression suggest that persistently high-inequality places in rural Nebraska tend to be smaller, more urbanized, more ethnically diverse, more wealthy, more specialized in high-skill and low-skill industries, and have experienced fast …

Review Of Remaking The Heartland: Middle America Since The 1950s. By Robert Wuthnow, Randolph Cantrell

Great Plains Research: A Journal of Natural and Social Sciences (through 2013)

Shrinking farm numbers, population losses, and empty storefronts on Main Street have come to be seen as symptoms of an inevitable slide to oblivion for many Heartland communities. Empirical evidence of such decline is easily found, making the trend a favorite topic for journalists. In Remaking the Heartland, Robert Wuthnow offers a very different interpretation of the same trends. His central argument is that Middle America (defined as eight states including most of the Great Plains) has been characterized by adaptation to changing social and economic realities in a way that has made the region a "more vibrant contributor …

A Research Report: Quality Of Life In Nonmetropolitan Nebraska (2011 Nebraska Rural Poll Results) As Spoken On Kncy Radio Extension Update, October 1, 2011, Connie I. Reimers-Hild

Kimmel Education and Research Center: Presentations and White Papers

Hello! This is Connie Reimers-Hild with the University of Nebraska-Lincoln Extension at the Kimmel Education and Research Center in Nebraska City, NE and host of the television show Market Journal with your Extension Update. Today, I am going to update you on some of the results of the well-being section of the 2011 Nebraska Rural Poll. This particular section of the poll will detail the 2,490 responses from the 2011 Poll.

With all the negativity these days, I get to be the bearer of positive news, which is great! The 2011 Rural Poll found that most rural Nebraskans believe they …

The "High 5" Elevator Pitch Worksheet, Connie I. Reimers-Hild

Kimmel Education and Research Center: Faculty and Staff Publications

Great elevator pitches are created to sell something in 30 seconds or less (the time it takes to go from the first floor to the top of the building in an elevator). Think broadly about how a great pitch can help you. Great pitches can be used to market or sell anything from yourself as an individual to your business or community. Great pitches are clear and compelling. They make memorable impressions of whatever you are pitching and create a foundation for building relationships, clients, sales and investments!

Addressing Work-Related Traumatic Stress Nebraska - Resilience Alliance Facilitator Manual, Acs-Nyu Children's Trauma Institute

Other QIC-WD Products

Child welfare staff are first responders; just like police officer and fire fighters, they are asked to respond to emergency situations with very little information, and by doing so often put themselves at risk. In addition to the very real physical risks involved with responding to a report of suspected child abuse or neglect, there are equally real psychological risks involved with taking care of children and families that have experienced abuse, neglect, family and community violence, and other traumas. Unlike police officers and fire fighters, however, child welfare staff get very little public recognition for the hard work they …

Slow Growth And Uncertainty, Eric Thompson, University Of Nebraska-Lincoln

Business in Nebraska

SLOW GROWTH AND UNCERTAINTY

U.S. Macroeconomic Outlook

A lingering financial crisis, economic shocks, and economic policy have combined to derail the self-sustaining recovery in the United State economy. Growth has slowed to a crawl and the risk of another recession runs high. What has happened? To begin with, the Great Recession of 2008 and 2009 continues to impact the construction sector and state and local government employment. New housing construction remains depressed, causing construction employment to drift downward. With tax revenues below pre-recession levels, state and local government employment continues a steady decline. The market also continues to face unexpected …

(Presentation) Innovation Begins With People: Leading With A New Lens, Connie I. Reimers-Hild

Kimmel Education and Research Center: Presentations and White Papers

Innovation always begins with people. This workshop focused on the importance of creativity and innovation for Nebraska leaders and communities.