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Articles 1 - 12 of 12
Full-Text Articles in Social and Behavioral Sciences
Should Voting Be Mandatory? Democratic Decision Making From The Economic Viewpoint, Olga Kosheleva, Vladik Kreinovich, Boakun Li
Should Voting Be Mandatory? Democratic Decision Making From The Economic Viewpoint, Olga Kosheleva, Vladik Kreinovich, Boakun Li
Departmental Technical Reports (CS)
Many decisions are made by voting. At first glance, the more people participate in the voting process, the more democratic -- and hence, better -- the decision. In this spirit, to encourage everyone's participation, several countries make voting mandatory. But does mandatory voting really make decisions better for the society? In this paper, we show that from the viewpoint of decision making theory, it is better to allow undecided voters not to participate in the voting process. We also show that the voting process would be even better -- for the society as a whole -- if we allow partial …
Demand For Accessible Type A Apartment Units In The City Of El Paso, Texas, Roberto Tinajero, David Ramirez, Lisa Tomaka, Dennis L. Soden
Demand For Accessible Type A Apartment Units In The City Of El Paso, Texas, Roberto Tinajero, David Ramirez, Lisa Tomaka, Dennis L. Soden
IPED Technical Reports
No abstract provided.
Dinámica Del Consumo De Gasolina En Ciudad Juárez: 2001 - 2009, Thomas M. Fullerton Jr., Gabriel Múnoz Sapien, Martha Patricia Barraza De Anda, Lisbeily Domínguez Ruvalcaba
Dinámica Del Consumo De Gasolina En Ciudad Juárez: 2001 - 2009, Thomas M. Fullerton Jr., Gabriel Múnoz Sapien, Martha Patricia Barraza De Anda, Lisbeily Domínguez Ruvalcaba
Border Region Modeling Project
This research analyzes short-run gasoline consumption dynamics in Ciudad Juárez, Chihuahua, México. Parameter estimation is carried out using linear transfer function ARIMA analysis. This market is of interest because it is influenced by regional, national, and international economic conditions due to its location on the border with the United States. Explanatory variables that satisfy the significance criterion include the real price of gasoline in Ciudad Juárez, the price of gasoline in Ciudad Juárez relative to that charged across the border in El Paso, Texas, USA, and formal sector employment in Ciudad Juárez. Sample data are for January 2001 to December …
Borderplex Economic Outlook: 2012-2014, Thomas M. Fullerton Jr., Adam G. Walke
Borderplex Economic Outlook: 2012-2014, Thomas M. Fullerton Jr., Adam G. Walke
Border Region Modeling Project
No abstract provided.
Mexico Consensus Economic Forecast, Volume 15, Number 4, Thomas M. Fullerton Jr, Adam G. Walke
Mexico Consensus Economic Forecast, Volume 15, Number 4, Thomas M. Fullerton Jr, Adam G. Walke
Departmental Papers (E & F)
No abstract provided.
Why Clayton And Gumbel Copulas: A Symmetry-Based Explanation, Vladik Kreinovich, Hung T. Nguyen, Songsak Sriboonchitta
Why Clayton And Gumbel Copulas: A Symmetry-Based Explanation, Vladik Kreinovich, Hung T. Nguyen, Songsak Sriboonchitta
Departmental Technical Reports (CS)
In econometrics, many distributions are non-Gaussian. To describe dependence between non-Gaussian variables, it is usually not sufficient to provide their correlation: it is desirable to also know the corresponding copula. There are many different families of copulas; which family shall we use? In many econometric applications, two families of copulas have been most efficient: the Clayton and the Gumbel copulas. In this paper, we provide a theoretical explanation for this empirical efficiency, by showing that these copulas naturally follow from reasonable symmetry assumptions. This symmetry justification also allows us to provide recommendations about which families of copulas we should use …
El Paso Downtown Management District: 2012 Employer Survey, Roberto Tinajero, David Ramirez, Dennis L. Soden
El Paso Downtown Management District: 2012 Employer Survey, Roberto Tinajero, David Ramirez, Dennis L. Soden
IPED Technical Reports
The Institute for Policy and Economic Development (IPED) at the University of Texas at El Paso was contracted by the El Paso Downtown Management District (DMD) and the City Development Department (CDD) of the City of El Paso, Texas to collect data and conduct survey research on issues related to downtown El Paso. Accordingly, this report provides a snapshot of the characteristics and opinions of business owners/managers within the Downtown Management District area. The survey and its findings are intended to guide the DMD and the CDD in their mission to improve public property, public facilities and promote economic development …
Mexico Consensus Economic Forecast, Volume 15, Number 3, Thomas M. Fullerton Jr., Adam G. Walke
Mexico Consensus Economic Forecast, Volume 15, Number 3, Thomas M. Fullerton Jr., Adam G. Walke
Departmental Papers (E & F)
No abstract provided.
Mexico Consensus Economic Forecast, Volume 15, Number 2, Thomas M. Fullerton Jr., Adam G. Walke
Mexico Consensus Economic Forecast, Volume 15, Number 2, Thomas M. Fullerton Jr., Adam G. Walke
Departmental Papers (E & F)
No abstract provided.
The Economic Impact Of Research Activities At The University Of Texas At El Paso (Fiscal Year 2010-11), David Ramirez, Roberto Tinajero, David A. Schauer, Dennis L. Soden
The Economic Impact Of Research Activities At The University Of Texas At El Paso (Fiscal Year 2010-11), David Ramirez, Roberto Tinajero, David A. Schauer, Dennis L. Soden
IPED Technical Reports
No abstract provided.
Borderplex Panel Evidence On Restaurant Price And Exchange Rate Dynamics, Thomas M. Fullerton Jr., André Varella Mollick
Borderplex Panel Evidence On Restaurant Price And Exchange Rate Dynamics, Thomas M. Fullerton Jr., André Varella Mollick
Border Region Modeling Project
This paper examines prices for 32 identical menu items sold by restaurant franchises operating on both sides of the border between El Paso in the U.S. and Ciudad Juárez in Mexico from July 1997 to June 2008. The relationship between real exchange rate (RER) volatility and the degree of price convergence is examined within a panel data context. The city-pair and goods selected provide a unique experiment in which distance, tradability, and industry considerations are set aside and the extent of RER volatility is the only factor to influence price convergence. We find non-monotonic relationships between mean reversion and RER …
Mexico Consensus Economic Forecast, Volume 15, Number 1, Thomas M. Fullerton Jr., Adam G. Walke
Mexico Consensus Economic Forecast, Volume 15, Number 1, Thomas M. Fullerton Jr., Adam G. Walke
Departmental Papers (E & F)
No abstract provided.