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Social and Behavioral Sciences Commons™
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Articles 1 - 8 of 8
Full-Text Articles in Social and Behavioral Sciences
A Comprehensive Economic Stimulus For Our Failing Economy, Sarah R. Anderson, Steven T. Ferraro, Jeffrey D. Greenlaw, Justin E. Holz, David H. Krisch, Jonathan M. Koury, Jamee L. Kuznicki, Stephen M. Mcnamee, Jeffrey D. Ryckbost, Kristi L. Saeger, Andrew L. Smith, Daniel B. Sprague, Ryan Willaurer, Timothy D. Wills, Benjamin B. Wood
A Comprehensive Economic Stimulus For Our Failing Economy, Sarah R. Anderson, Steven T. Ferraro, Jeffrey D. Greenlaw, Justin E. Holz, David H. Krisch, Jonathan M. Koury, Jamee L. Kuznicki, Stephen M. Mcnamee, Jeffrey D. Ryckbost, Kristi L. Saeger, Andrew L. Smith, Daniel B. Sprague, Ryan Willaurer, Timothy D. Wills, Benjamin B. Wood
Gettysburg Economic Review
This paper presents a comprehensive plan to fix the ailing American economy, through a five-step approach. First, the Federal Reserve must continue to broaden the scope of monetary policy, by purchasing and selling long-term securities. Manipulating expectations through FOMC statements is another tool at the Federal Reserve’s disposal. Secondly, the government must enact fiscal stimulus to stabilize the economy in the short and medium runs, through investment in infrastructure projects, green technology, fusion technology, and science education. Additionally, the new fiscal policy must tackle the mortgage meltdown, which is weighing down the entire economy. Third, the regulatory system must be …
The Economic Decline Of Zimbabwe, Chidochashe L. Munangagwa
The Economic Decline Of Zimbabwe, Chidochashe L. Munangagwa
Gettysburg Economic Review
For the past decade, Zimbabwe has been experiencing an economic decline that has resulted in an inflation rate of 231 million percent and an unemployment rate of over 90 percent. Past research has concluded that the economic decline of Zimbabwe has mainly been caused by poor monetary policies and failure of fiscal policies to control the budget deficit. This research aimed to closely examine some of these policies that the Zimbabwean government implemented, the effects of these policies on economic activity, employment and inflation levels in the country. By interviewing many economic analysts in Zimbabwe, I managed to gather the …
The Gettysburg Economic Review, Volume 3, Spring 2009
The Gettysburg Economic Review, Volume 3, Spring 2009
Gettysburg Economic Review
No abstract provided.
The Effects Of Framing, Risk, And Uncertainty On Contributions Toward A Public Account: Experimental Evidence, Justin E. Holz
The Effects Of Framing, Risk, And Uncertainty On Contributions Toward A Public Account: Experimental Evidence, Justin E. Holz
Gettysburg Economic Review
This paper uses laboratory evidence from four strategically equivalent voluntary contribution games to evaluate differences in contributions toward a public account due to framing, risk, and uncertainty. I test four hypotheses. (1) Individuals contribute more to a public account when the dilemma is framed as the mitigation of a public loss than the provision of a public good. (2) Individuals contribute more to a public account when the loss is certain than when faced with the risk of a loss. (3) Individuals contribute more to a public account when the loss is certain than when environmental uncertainty is associated with …
Long-Term Contracts And The Principal-Agent Problem, Elizabeth A.R. Purcell
Long-Term Contracts And The Principal-Agent Problem, Elizabeth A.R. Purcell
Gettysburg Economic Review
This paper examines the principal-agent problem within professional sports. Imperfect information between managers and players, as well as the guaranteed income a long-term contract provides, are predicted to provide players with the incentive to alter effort over the length of a contract – especially during the first year of a long-term contract. Regression analysis indicates that players’ performance levels decline during the first year of a long-term contract, suggesting that the effects of the principal-agent problem may outweigh competing effects. The study does not, however, suggest that players increase performance in the final year of a contract.
A Look At Women And Abortion In The United States, Denitsa D. Koleva, Kristina V. Marinova, Robyn A. Byrne
A Look At Women And Abortion In The United States, Denitsa D. Koleva, Kristina V. Marinova, Robyn A. Byrne
Gettysburg Economic Review
The issue of abortion is defined by ethical questions and, often, controversial views. This paper argues the importance of a coherent and enhanced effort to study the quantitative relationship between women’s characteristics and the average number of abortions in the United States. It specifically looks at the average number of previous abortions and socioeconomic and demographic characteristics, as this relationship has not been explored before in the existing literature. We expect to establish a correlation between the average number of previous abortions and characteristics such as age, marital status, income and highest degree of education completed. An empirical model is …
Reading Adam Smith: Understanding The Misinterpretations & The Fallacy Of The Adam Smith Problem, Ross J. Witte
Reading Adam Smith: Understanding The Misinterpretations & The Fallacy Of The Adam Smith Problem, Ross J. Witte
Gettysburg Economic Review
This paper investigates Adam Smith’s intricate vision of human motivation and seeks to expose the fallacy of the “Adam Smith Problem”. Through an expansive study of the famed economist’s two most prominent works, An Inquiry into the Nature and Causes of the Wealth of Nations (WN) and The Theory of Moral Sentiments (TMS), I will show that the two are perfect complements of one other and that Adam Smith did not set down in one place his views on the nature of man. Adam Smith saw man for what he truly is, dominated by selfinterest but not without concern for …
The Strength Of The Veblenian Critique Of Neoclassical Economics, Svetoslav I. Semov
The Strength Of The Veblenian Critique Of Neoclassical Economics, Svetoslav I. Semov
Gettysburg Economic Review
More than one hundred years ago, Thorstein Veblen wrote a powerful critique of neoclassical economics that castigated the discipline for turning the individual into a “lightning calculator of pleasures and pains, who oscillates like a homogeneous globule”, or equivalently, for the individual’s static maximization of utility based on exogenous preferences. His critique is relevant even today, since there are economists who still continue to criticize the assumptions of homo economicus and exogenous preferences, and insist on introducing more realism to economic theory. Furthermore, recent developments in game theory and experimental economics, which stand at the cutting-edge of economics today, are …