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Full-Text Articles in Social and Behavioral Sciences

Adaptive Learning Gain In Asset Pricing, Sedealy Juste Lokossou Jan 2023

Adaptive Learning Gain In Asset Pricing, Sedealy Juste Lokossou

Electronic Theses and Dissertations

This paper delves into the complexities of asset pricing, emphasizing the need to go beyond prevailing paradigms and constant learning gain assumptions. We examine the influence of personal experiences, adaptive learning processes, and subjective return expectations on asset pricing. By incorporating the concept of time-varying learning gain, we provide a more realistic portrayal of asset pricing. Empirical analysis reveals a consistent negative correlation between experienced real payout growth and subsequent returns, indicating counter-cyclical behavior. Our findings also support the mean-reversion hypothesis in stock returns, although caution is needed due to some scenarios lacking statistical significance. Theoretical exploration uncovers that higher …


U.S. Consumers' Acceptance And Willingness To Pay For Genetically Modified And Genome-Edited Foods, Bindu Paudel Jan 2021

U.S. Consumers' Acceptance And Willingness To Pay For Genetically Modified And Genome-Edited Foods, Bindu Paudel

Electronic Theses and Dissertations

Even though genetically modified (GM) crops have a lot of economic potential for producers and consumers, they have not been widely accepted due to increasing concerns related to food safety, human, animal, and environmental health. Unlike GM technology, genome-editing technology does not involve the transfer of genetic materials. It is simpler, cheaper, more precise, and faster relative to GM technology and has immense potential for incorporating producer and consumer traits. Genome-editing technology, as a novel process, not has been explored much from the consumer’s side. This study uses a nationally representative survey of 1,573 U.S. consumers to examine their acceptance …


Earning, Taxing, Spending, Saving: Tracking South Dakota Incomes, Matthew Berg Apr 2020

Earning, Taxing, Spending, Saving: Tracking South Dakota Incomes, Matthew Berg

Schultz-Werth Award Papers

When tracking the flow of personal incomes, four groupings of expenditures emerge: taxes, fixed expenses, saving, and consumption. This cross-sectional study of 2016 data highlights the differences in these areas across the sixty-six South Dakota counties and between various levels of income to illustrate the income flows among South Dakota residents. Using data primarily from the Internal Revenue Service, several important patterns and statistics arise. In South Dakota, the average statewide income per capita was about $32,127. Individuals in metropolitan counties received the highest average incomes per capita, and individuals in counties with the lowest population densities had the lowest. …


Determinants Of Tipping Behavior: Evidence From Us Restaurants, Nusrat Jahan Jan 2018

Determinants Of Tipping Behavior: Evidence From Us Restaurants, Nusrat Jahan

Electronic Theses and Dissertations

This study aims to analyze people’s tipping behavior to assess the factors that determine both the likelihood of leaving a tip and tip size in US restaurants. A total 2,334 away from home eating events are considered in this study based on the nationally representative National Household Food Acquisition and Purchase Survey (FoodAPS) dataset. Two different tipping scenarios are considered for full-service restaurants to examine differences in customers’ behavior under two different situations. Considering that households’ tipping decisions and tip sizes are functions of the demand for personal interest (D"#, ) and the demand for social interest (D&#), different socio-demographic, …