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Economics

Selected Works

2015

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Articles 121 - 150 of 911

Full-Text Articles in Social and Behavioral Sciences

Workforce Innovation In Regional Economic Development (Wired), Nancy Hewat, Kevin Hollenbeck Sep 2015

Workforce Innovation In Regional Economic Development (Wired), Nancy Hewat, Kevin Hollenbeck

Kevin Hollenbeck

No abstract provided.


Tb184: Least-Cost Options For The Collection, Treatment, And Disposal Of Biomedical Waste In Maine., Andrew C. Files, Thomas G. Allen, George K. Criner Sep 2015

Tb184: Least-Cost Options For The Collection, Treatment, And Disposal Of Biomedical Waste In Maine., Andrew C. Files, Thomas G. Allen, George K. Criner

George K. Criner

This study examines the cost effectiveness of using current treatment technologies to sanitize, disinfect, shred, and dispose of biomedical waste within the state in relation to the costs of current disposal practices in Maine. The study employs a linear programming model to determine the combination of treatment facilities, transportation options, and disposal sites to treat all waste produced in Maine at the lowest statewide cost. A least-cost solution is developed for three different scenarios. The first two scenarios assume that all treated waste must be shredded in accordance with current regulatory requirements. The third scenario assumes that regulations are changed …


Use Of Unemployment Insurance And Public Employment Services After Leaving Welfare, Christopher J. O'Leary Sep 2015

Use Of Unemployment Insurance And Public Employment Services After Leaving Welfare, Christopher J. O'Leary

Christopher J. O'Leary

In this paper I examine the rates at which adults in households recently receiving Temporary Assistance to Needy Families (TANF) become jobless, apply for and receive unemployment insurance (UI) benefits, and participate in publicly funded employment services. I also investigate the correlation of UI and employment services receipt with maintenance of self-sufficiency through return to work and independence from TANF. The analysis is based on person-level administrative program records from four of the nine largest states between 1997 and 2003. Evidence suggests that three-quarters of new TANF leavers experience joblessness within three years, and one-quarter of the newly jobless apply …


Cynicism In Negotiation: When Communication Increases Buyers’ Skepticism, Eyal Ert, Stephanie J. Creary, Max H. Bazerman Sep 2015

Cynicism In Negotiation: When Communication Increases Buyers’ Skepticism, Eyal Ert, Stephanie J. Creary, Max H. Bazerman

Stephanie J. Creary

The economic literature on negotiation shows that strategic concerns can be a barrier to agreement, even when the buyer values the good more than the seller. Yet behavioral research demonstrates that human interaction can overcome these strategic concerns through communication. We show that there is also a downside of this human interaction: cynicism. Across two studies we focus on a seller-buyer interaction in which the buyer has uncertain knowledge about the goods for sale, but has a positive expected payoff from saying “yes” to the available transaction. Study 1 shows that most buyers accept offers made by computers, but that …


Sector Inmobiliario Y Debilidad De La Zona Euro, Jaime Luque Sep 2015

Sector Inmobiliario Y Debilidad De La Zona Euro, Jaime Luque

Jaime P. Luque

No abstract provided.


An Evaluation Of Competitive Industrial Structure And Regional Manufacturing Employment Change., Joshua Drucker Aug 2015

An Evaluation Of Competitive Industrial Structure And Regional Manufacturing Employment Change., Joshua Drucker

Joshua Drucker

This paper examines the relationships between several aspects of regional industrial structure and employment change in the United States manufacturing sector and 19 subsectors from 1987 to 1997. Economic diversity, industrial specialization, and competitive structure are considered together in a non-causal regression framework in order to assess their relative associations with economic performance. The innovative features of the research are considering together multiple distinct facets of industrial structure at the regional scale, emphasizing the less commonly studied characteristic of industrial competitive structure, and exploiting confidential microdata to construct and evaluate detailed metrics across broad geographic and industrial ranges. The findings …


The Social Practice Of Human Rights, Joel Pruce Aug 2015

The Social Practice Of Human Rights, Joel Pruce

Joel Pruce

The Social Practice of Human Rights bridges the conventional scholar-practitioner divide by focusing on the space in between. In capturing this cutting edge research program, the volume proposes a perspective that motivates critical self-reflection of the strategies that drive communities dedicated to the advocacy and implementation of human rights. The social practice of human rights takes place not in front of a judge, but in the streets and alleys, in the backrooms and out-of-the-way places where change occurs. Contributors to this volume investigate the contexts and efforts of activists and professionals devoted to promoting human rights norms. This research takes …


2013 Conference Brochure: Be A Part Of The Human Rights Movement's New Frontier, Joel R. Pruce, Maureen E. Schlangen Aug 2015

2013 Conference Brochure: Be A Part Of The Human Rights Movement's New Frontier, Joel R. Pruce, Maureen E. Schlangen

Joel Pruce

Why must we explore the social practice of human rights? In the 65 years since the U.N.’s Universal Declaration on Human Rights, the human rights community has become a standard-bearer of normative behavior, influencing development and humanitarian organizations, multinational corporations and philanthropists. Though the movement is viewed as honorable and admirable, the certainty of its mission can inhibit introspection; a natural tendency is to prioritize rather than challenge prevailing assumptions. Are the good intentions of human rights advocates enough? No. Research and dialogue can help propel the human rights community forward by facilitating introspection to improve both advocacy and action: …


2013 Conference Brochure: Be A Part Of The Human Rights Movement's New Frontier Aug 2015

2013 Conference Brochure: Be A Part Of The Human Rights Movement's New Frontier

Maureen E. Schlangen

Why must we explore the social practice of human rights?

In the 65 years since the U.N.’s Universal Declaration on Human Rights, the human rights community has become a standard-bearer of normative behavior, influencing development and humanitarian organizations, multinational corporations and philanthropists. Though the movement is viewed as honorable and admirable, the certainty of its mission can inhibit introspection; a natural tendency is to prioritize rather than challenge prevailing assumptions.

Are the good intentions of human rights advocates enough? No. Research and dialogue can help propel the human rights community forward by facilitating introspection to improve both advocacy and action: …


Views On Department Of Labor’S Proposed Conflict Of Interest Rule - Oral Statement, Anthony Webb Aug 2015

Views On Department Of Labor’S Proposed Conflict Of Interest Rule - Oral Statement, Anthony Webb

Anthony Webb

No abstract provided.


Economic Forecasting, Impact Analysis And Regional Planning With A Focus On The Illawarra, Ashkan Masouman Aug 2015

Economic Forecasting, Impact Analysis And Regional Planning With A Focus On The Illawarra, Ashkan Masouman

Ashkan Masouman

Purpose – This thesis investigates the Illawarra economy and presents three approaches to conducting policy impact analysis and economic forecasting. The primary focus of the policy analysis and economic forecasting is measuring the changes that occur in regional output, income and employment as a result of different policies and economic activities. This thesis analyses the structural shifts and economic transitions that have taken place in the regional economy over the past two decades to determine the direction of the economy and analyse impacts of different policies and economic activities on the regional economy. Methodology – There are five methodologies extended …


Chaotic Behavior In Monetary Systems: Comparison Among Different Types Of Taylor Rule, Reza Moosavi Mohseni Dr., Wenjun Zhang Dr., Jiling Cao Prof. Aug 2015

Chaotic Behavior In Monetary Systems: Comparison Among Different Types Of Taylor Rule, Reza Moosavi Mohseni Dr., Wenjun Zhang Dr., Jiling Cao Prof.

Reza Moosavi Mohseni

The aim of the present study is to detect the chaotic behavior in the monetary economic relevant dynamical system. The study employs three different forms of Taylor rules: current, forward and backward looking. The result suggests the existence of the chaotic behavior in all three systems. In addition, the results strongly represent that using expectations in policy rule especially rational expectation hypothesis can increase the complexity of the system and leads to more chaotic behavior.


Institutional Fantasylands: From Scientific Management To Free Market Environmentalism, Peter S. Menell Aug 2015

Institutional Fantasylands: From Scientific Management To Free Market Environmentalism, Peter S. Menell

Peter Menell

Exposes the utopian parallels between scientific management and free market environmentalism by exploring the limitations of an analytical framework. Outcomes of market-like processes; Expression of preferences through democratic processes; Failure to consider the endogeneity of preferences; Model of human nature; Endowment effects associated with allocation of ownership.


Tailoring Legal Protection For Computer Software, Peter S. Menell Aug 2015

Tailoring Legal Protection For Computer Software, Peter S. Menell

Peter Menell

No abstract provided.


Ex-Ante Evaluation Of Public-Private Partnerships: Macroeconomic Analysis, Junxiao Liu, Peter Love, Brad Carey, Jim Smith, Michael Regan Aug 2015

Ex-Ante Evaluation Of Public-Private Partnerships: Macroeconomic Analysis, Junxiao Liu, Peter Love, Brad Carey, Jim Smith, Michael Regan

Michael Regan

Public-private partnerships (PPPs) are currently a popular approach for governments to procure social and economic infrastructure. The macroeconomic environment plays a critical role and influences the factors that can lead to the successful delivery of a PPP project. Despite the importance of the macroeconomic environment, limited attention has been paid to ex-ante (that is, before the event, or forecast) evaluation. A review of the normative literature was undertaken, aiming to derive key performance indicators (KPIs) of PPP success. The KPIs were validated by using a vector error correction model. It is suggested that the developed KPIs can be used to …


The Handbook Of Economic Methodology, John B. Davis, D. Wade Hands, Uskali Mäki Aug 2015

The Handbook Of Economic Methodology, John B. Davis, D. Wade Hands, Uskali Mäki

D. Wade Hands

The Handbook of Economic Methodology is a major multidisciplinary reference work on the developing field of economic methodology. It consists of more than a hundred specially commissioned essays by leading scholars from around the world. This definitive volume provides detailed and authoritative coverage of crucial topics and issues that have developed in recent decades and introduces a variety of emerging themes which economic methodologists have begun to explore. This comprehensive Handbook includes a variety of substantive entries in which experts in the field summarise past achievements in economic methodology and indicate the direction of future research. They provide biographical entries …


On The Strategic Use Of Border Tax Adjustments As A Second-Best Climate Policy Measure, Charles F. Mason, Edward B. Barbier, Victoria Umanskaya Jul 2015

On The Strategic Use Of Border Tax Adjustments As A Second-Best Climate Policy Measure, Charles F. Mason, Edward B. Barbier, Victoria Umanskaya

Charles F Mason

No abstract provided.


Firm Size, Foreign Exposure And Inequality In Wage: A Decomposition Analysis, Satis Devkota, Kul Kapri, Mukti Upadhyay Jul 2015

Firm Size, Foreign Exposure And Inequality In Wage: A Decomposition Analysis, Satis Devkota, Kul Kapri, Mukti Upadhyay

Kul Kapri

This study uses pooled cross-section data from two large surveys of firms in Nepal to determine
wage inequality. Applying an inequality decomposition procedure, the estimated wage inequality
is then attributed to various factors that affect the labor demand function in the country. We find
that firm size and exposure of firms to international trade are among the factors showing
statistical significance in affecting wage disparity in Nepal. To the extent wage inequality can be
attributed to the factors considered in this study, firm size alone accounts for 55 to 84 percent of
the inequality depending on the size indicators such …


Chaotic Behavior In Monetary Systems: Comparison Among Different Types Of Taylor Rule, Reza Moosavi Mohseni Dr., Wenjun Zhang, Jiling Cao Jul 2015

Chaotic Behavior In Monetary Systems: Comparison Among Different Types Of Taylor Rule, Reza Moosavi Mohseni Dr., Wenjun Zhang, Jiling Cao

Reza Moosavi Mohseni

The aim of the present study is to detect the chaotic behavior in monetary economic relevant dynamical system. The study employs three different forms of Taylor rules: current, forward, and backward looking. The result suggests the existence of the chaotic behavior in all three systems. In addition, the results strongly represent that using expectations in policy rule especially rational expectation hypothesis can increase complexity of the system and leads to more chaotic behavior.


Ii Keynes On Safe Assets, Lester G. Telser Jul 2015

Ii Keynes On Safe Assets, Lester G. Telser

Lester G Telser

Only the monetary authorities can create and issue safe assets. A safe asset is not offset by any liability so no private entity can issue it. The nominal value of a safe asset is fixed and it usually offers no nominal yield. The rationale for safe assets can be traced to the factors underlying the Keynesian liquidity trap. Since late 2008 the Fed has paid 0.25 percent on member bank reserves held in deposits at the Fed. This is part of the program known as ‘quantitative easing.’ It may have presented collapse of the U.S. banking system.


What Is The Relation Between Public Pensions And Private Savings?, Marta Lachowska, Michał Myck Jul 2015

What Is The Relation Between Public Pensions And Private Savings?, Marta Lachowska, Michał Myck

Marta Lachowska

No abstract provided.


Mapping The Terrain Of Education Reform: Global And Local Responses In The Philippines, Vicente Reyes Jul 2015

Mapping The Terrain Of Education Reform: Global And Local Responses In The Philippines, Vicente Reyes

Dr. Vicente C Reyes Jr

This book envisions the formulation of critical perspectives on education reform using the Philippine experience, recognizing the need to address relevant issues and challenges particularly in an increasingly globalized 21st century setting. A specific education reform project, the Leaders and Educators in Asia Programme (LEAP) which is a joint effort between the Philippines’ Department of Education, the Ateneo de Manila University in the Philippines, the National Institute of Education-Singapore and Singapore’s Temasek Foundation, serves as the analytical focus of how education reform as a globalised movement is implemented, interpreted and made sense of by stakeholders involved in the reform project. …


Private Value Determinations And The Potential Effect On The Future Of Research And Development, Amy L. Landers Jul 2015

Private Value Determinations And The Potential Effect On The Future Of Research And Development, Amy L. Landers

Amy L. Landers

Although the promise of an emerging patent market is thought to provide future benefits to invention, innovation, and the public, this essay examines the possibility that the aggregate influence of this activity could instead destabilize patent values in a manner that mirrors the "bubble" phenomenon that occurred in certain markets in the past. To the extent that this occurs, this would destabilize the patent system and might have negative consequences for the future of investment in research, development and innovation.


Betting On Market Efficiency: A Note, Ladd Kochman, Ken Gilliam Jul 2015

Betting On Market Efficiency: A Note, Ladd Kochman, Ken Gilliam

Ladd Kochman

Two mechanical betting rules were applied to games in the National Football League for the 2000-2008 seasons. Wagers of $11 (to win $10) on all NFL underdogs produced a net loss of $717. When bets were limited to visiting underdogs, only $395 (or $44 per year) was lost. The results suggest that gambling on the outcome of football games can be a rewarding activity for bettors more interested in action than financial gain.


Market Efficiency And The Arena Football League: A Note, Ladd Kochman, Randy Goodwin Jul 2015

Market Efficiency And The Arena Football League: A Note, Ladd Kochman, Randy Goodwin

Ladd Kochman

With final scores like 99-68 and 80-74, can the market for wagers on Arena Football League games operate with the same efficiency generally associated with the more established betting markets? The question extends the argument by Pankoff (1968) that football point spreads are analogous to security prices and that profitable betting rules would create doubt about the efficiency of any competitive marketplace. Pankoff reasoned that bettors were no less numerous, knowledgeable or profit-maximizing than investors and that superior returns should be just as elusive to the former as they are to the latter. However, arena football's short point spread history …


Is It Time To Reconsider The Semivariance Again? A Note, Ladd Kochman Jul 2015

Is It Time To Reconsider The Semivariance Again? A Note, Ladd Kochman

Ladd Kochman

Building on the assumption that stock returns are less-than-symmetric, the semivariances (SV) are computed for 14 domestic and foreign stock indices as well as their respective arithmetic means (AM) and standard deviations (SD) and hypotheses that the correlation between SVs and AMs will be both positive and greater than the correlation between SDs and AMs.


Football Market Efficiency And The Gambler's Fallacy, Ladd Kochman, Ken Gilliam Jul 2015

Football Market Efficiency And The Gambler's Fallacy, Ladd Kochman, Ken Gilliam

Ladd Kochman

No abstract provided.


Time Diversification: Tool, Fallacy Or Both?, Ladd Kochman, Randy Goodwin Jul 2015

Time Diversification: Tool, Fallacy Or Both?, Ladd Kochman, Randy Goodwin

Ladd Kochman

It seems fair to conclude that time diversification is more nearly a fallacy than a tool. Total periodic returns based on random annual outcomes expose the practice of diversifying with time not only as unproductive but as extremely risky as well. Yet, as the contrived distribution of alternating returns of 30% and -10% demonstrated, it is impossible to completely reject the idea that risk can actually decrease over time.


A Runs Test Of Football-Betting Market Efficiency, Ladd Kochman, Ken Gilliam Jul 2015

A Runs Test Of Football-Betting Market Efficiency, Ladd Kochman, Ken Gilliam

Ladd Kochman

No abstract provided.


The Gambler's Fallacy: A Test Of Football-Betting Market Efficiency, Ladd Kochman, Ravija Badarinathi Jul 2015

The Gambler's Fallacy: A Test Of Football-Betting Market Efficiency, Ladd Kochman, Ravija Badarinathi

Ladd Kochman

Imaginary wagers placed on college football teams during the 2006-2010 seasons that were expected to beat the point spread following two games in which they lost both on the field and against the spread produced a wins-to-bets ratio that was statistically nonrandom but not profitable. However, when that rule was limited to the major conference schools, a significantly profitable W/B ratio emerged that challenges the efficiency of a competitive market.