Social and Behavioral Sciences Commons^™

Managing Herbicide Resistance: Listening To The Perspectives Of The Practitioners, Jill Schroeder, David Shaw, Michael Barrett, Harold Coble, Amy Asmus, Raymond Jussaume, David E. Ervin

Economics Faculty Publications and Presentations

No abstract provided.

Economic And Behavioral Drivers Of Herbicide Resistance Management In The U.S., Huichun Sun, Terrance M. Hurley, Katherine Dentzman, David E. Ervin, Wesley Everman, George Frisvold, Jeffrey Gunsolus, Raymond Jussaume, Jason Norsworthy, Micheal Owen

Economics Faculty Publications and Presentations

Weeds invade farms, grow and reproduce aggressively. For more than half a century, the primary tool used by farmers to control weeds has been herbicides, but the effectiveness of herbicides is declining due to herbicide resistance. An option available for farmers to better balance weed control and herbicide resistance is to adopt resistance management practices. However, the adoption of resistance management has been low. This study aims to explore the impact of economic and behavioral factors on a farmer’s choice over chemical, cultural and mechanical tactics of weed control. I use multivariate regression analysis and a unique U.S. farm-level weed …

Balance Sheet Effects On Monetary And Financial Spillovers: The East Asian Crisis Plus 20, Joshua Aizenman, Menzie D. Chinn, Hiro Ito

Economics Faculty Publications and Presentations

We study how the financial conditions in the Center Economies [the U.S., Japan, and the Euro area] impact other countries over the period 1986 through 2015. Our methodology relies upon a two-step approach. We focus on five possible linkages between the center economies (CEs) and the non-Center economics, or peripheral economies (PHs), and investigate the strength of these linkages. For each of the five linkages, we first regress a financial variable of the PHs on financial variables of the CEs while controlling for global factors. Next, we examine the determinants of sensitivity to the CEs as a function of country-specific …

Stepping Up During Elections: Independent Central Banks And Inflation, Ana Caolina Garriga, Cesar M. Rodriguez

Economics Faculty Publications and Presentations

It has been argued that elections should affect inflation, but evidence thus far has not incontrovertibly shown such an effect. We argue that monetary institutions offset inflationary pressures originated by the electoral cycle. Delegation of monetary policy to independent central banks curbs politically induced inflationary pressures. The anti-inflationary effects of central bank independence depend on the governments’ incentives to boost the economy, a root of inflationary pressures. Those incentives are stronger in election years, especially when there is uncertainty about the electoral results. Independent central banks are better suited to counter inflation under those circumstances. Statistical analyses on a sample …

Green Electricity Markets As Mechanisms Of Public-Goods Provision: Theory And Experimental Evidence, Arnab Mitra, Michael R. Moore

Economics Faculty Publications and Presentations

Utility-based green electricity programs provide market opportunities for consumers to reduce the carbon footprint of their electricity use. These programs deploy three types of public-goods contribution mechanisms: voluntary contribution, green tariff, and all-or-nothing green tariff (Kotchen and Moore, 2007). We extend the theoretical understanding of the all-or-nothing green tariff mechanism by showing that an assumption of warm-glow preferences is needed to explain widespread participation in programs deploying this mechanism. We conduct the first experimental test to compare the revenue generating capacity of a pure public good (based on the voluntary contribution mechanism) and an impure public good (based on the …

Cooperation Versus Competition In Works Of Russian Evolutionists, Svetlana G. Kirdina-Chandler, John B. Hall

Economics Faculty Publications and Presentations

The article is in Russian.

One of the fundamental assumptions of mainstream economics is that competing agents maximising individual utility comprise the near totality of economic activity. However, this assumption attracts criticism because there is little experimental evidence to suggest that the competitive model is the only form of economic activity. Therefore, searches for other plausible theoretical foundations for economic activity, such as cooperation and mutual aid, are still relevant. In this connection our inquiry reintroduces a debate which occurred in Russia in the 19th and early 20thcenturies. Responses to Charles Darwin’s “The Origin of Species by Means of Natural …

Towards An Intellectual History Of Evolutionary Economics: Competition And Struggle Versus Cooperation And Mutual Aid, John B. Hall, Svetlana Kirdina-Chandler

Economics Faculty Publications and Presentations

Our inquiry considers the origins of Evolutionary Economics by reintroducing a debate that took place in Russia in the 19th and early 20th century. Responses to Charles Darwin’s The origin of Species are considered, especially critiques stressing Darwin’s emphasis upon competition and struggle in natural selection, that can be traced directly to Thomas Robert Malthus. Considering challenging contributions made by several Russian scholars, we place special emphasis upon Peter Kropotkin’s focus on cooperation and “mutual aid” in natural selection and evolution. We then speculate upon the commonality found in the evolutionary views advanced by Kropotkin and his American contemporary, Thorstein …