Economics Commons^™

Why Supply Chain Collaboration Fails: The Socio-Structural View Of Resistance To Collaboration Strategies, Stanley E. Fawcett, Matthew W. Mccarter, Amydee M. Fawcett, G. Scott Webb, Gregory Magnan

ESI Publications

Purpose

The relational view posits that supply chain integration can be a source of competitive advantage. Few firms, however, successfully co-create value to attain supernormal relational rents. We therefore elaborate theory regarding the reasons why collaboration strategies fail.

Design/methodology/approach

This study employs a quasi-longitudinal, multi-case interview methodology to explore the reasons why collaboration strategies fail to deliver intended results. We interviewed managers at 49 companies in Period 1 and managers at 57 companies in Period 2. Fifteen companies participated in both rounds of interviews.

Findings

This paper builds and describes a taxonomy of relational resistors. We then explore how sociological …

The Effect Of Earned Vs. House Money On Price Bubble Formation In Experimental Asset Markets, Brice Corgnet, Roberto Hernán González, Praveen Kujal, David Porter

ESI Publications

Does house money exacerbate price bubbles? We compare house money asset market experiments with an earned money treatment where initial portfolios are constructed from a real effort task. Bubbles occur; however, trading volumes and earnings dispersion are significantly higher with house money. We investigate the role of cognitive ability in accounting for the differences in earnings distribution across treatments by using the cognitive reflection test (CRT). Low CRT subjects earned less than high CRT subjects. Low CRT subjects were net purchasers (sellers) of shares when the price was above (below) fundamental value. The opposite was true for high CRT subjects.

Risky Business: An Analysis Of Teacher Risk Preferences, Daniel H. Bowen, Stuart Buck, Cary Deck, Jonathan N. Mills, James V. Shuls

ESI Publications

A range of proposals aim to reform teacher compensation, recruitment, and retention. Teachers have generally not embraced these policies. One potential explanation for their objections is that teachers are relatively risk averse. We examine this hypothesis using a risk-elicitation task common to experimental economics. By comparing preferences of new teachers with those entering other professions, we find that individuals choosing to teach are significantly more risk averse. This suggests that the teaching profession may attract individuals who are less amenable to certain reforms. Policy-makers should take into account teacher risk characteristics when considering reforms that may clash with preferences.

Do Prediction Markets Aid Defenders In A Weak-Link Contest?, Cary Deck, Li Hao, David Porter

ESI Publications

Laboratory experiments have demonstrated that prediction market prices weakly aggregate the disparate information of the traders about states (moves) of nature. However, in many practical applications one is attempting to predict the move of a strategic rival. This is particularly important in aggressor–defender contests. This paper reports an experiment where the defender may have the advantage of observing a prediction market on the aggressor's action. The results of the experiments indicate that: the use of prediction markets does not increase the defender's win rate; prediction markets contain reliable information regarding aggressors’ decisions that is not being exploited by defenders; and …

The Role Of The Decision-Making Regime On Cooperation In A Workgroup Social Dilemma: An Examination Of Cyberloafing, Brice Corgnet, Roberto Hernán-González, Matthew W. Mccarter

ESI Publications

A burgeoning problem facing organizations is the loss of workgroup productivity due to cyberloafing. The current paper examines how changes in the decision-making rights about what workgroup members can do on the job affect cyberloafing and subsequent work productivity. We compare two different types of decision-making regimes: autocratic decision-making and group voting. Using a laboratory experiment to simulate a data-entry organization, we find that, while autocratic decision-making and group voting regimes both curtail cyberloafing (by over 50%), it is only in group voting that there is a substantive improvement (of 38%) in a cyberloafer’s subsequent work performance. Unlike autocratic decision-making, …

Experimental Evolution And Economics, Terence C. Burnham, Aimee Dunlap, David W. Stephens

ESI Publications

This is a theory paper that advocates experimental evolution as a novel approach to study economic preferences. Economics could benefit because preferences are exogenous, axiomatic, and contentious. Experimental evolution allows the empirical study of preferences by placing organisms in designed environments and studying their genotype and phenotype over multiple generations. We describe a number of empirical studies on different aspects of preferences. We argue that experimental evolution has the potential to improve economics.

Peer Pressure And Moral Hazard In Teams: Experimental Evidence, Brice Corgnet, Roberto Hernán-González, Stephen Rassenti

ESI Publications

Team incentives have been found to be particularly effective both in the lab and in the field despite the moral hazard in teams problem identified by Holmström (1982). In a newly developed virtual workplace, we show that, in line with Holmström, moral hazard in teams is indeed pervasive. Subsequently, we find strong evidence for the conjecture of Kandel and Lazear (1992) that peer pressure may resolve the moral hazard in teams problem. Organizations equipped with a very weak form of peer monitoring (anonymous and without physical proximity, verbal threats or face-to-face interactions) perform as well as those using individual incentives.

Threads And Stitches Of Peace- Understanding What Makes Ghana An Oasis Of Peace?, Hippolyt Akow Saamwan Pul

Department of Conflict Resolution Studies Theses and Dissertations

Ghana is considered an oasis of peace despite having the same mix of ethno-political competitions for state power and resources; north-south horizontal inequalities; ethno-regional concentrations of Christians and Muslims; highly ethnicised elections; a natural resource dependent economy; and a politically polarized public sphere, among others, that have plunged other countries in Africa into violent and often protracted national conflicts. Use of the conflict paradigm to explain Africa's conflicts glosses over positive deviance cases such as Ghana. This study used the peace paradigm in a mixed method, grounded theory research to examine Ghana's apparent exceptionalism in staving off violent national conflicts. …

At The Intersection Of Deferred Action For Childhood Arrivals, The Migration Trust Network And Labor, Mario Javier Chavez

Open Access Theses & Dissertations

This study unpacks the intersection of Deferred Action for Childhood Arrivals, the Migration Trust Network and Labor. I use 9 in-depth qualitative interviews to address how such policies are affecting the labor acquisition and labor outcomes of DACA recipients. The Migrant trust network remained important for DACA recipients, although in a more indirect and macro-level way than described in Flores-Yeffal (2013). In particular, DACA recipients relied on the collective efficacy embedded within the community to facilitate their job search. Additional, migrant trust networks function differently according to the DACA recipients' level of education, but to fully benefit from the advantages …

The Nigerian Economy And The Dutch Disease., Kenechukwu Daryl Nweke

Open Access Theses & Dissertations

Dutch Disease explains the relationship between exploitation of natural resources and the decline in the agricultural and manufacturing sectors. The dependent variable of the model shows the contraction of either the manufacturing or agricultural sector. The theory asserts that increase in revenues from natural resources will de-industrialize a nationâ??s economy by appreciating the real exchange rate, and exports on the booming commodity, which in turn makes the tradable sector less competitive.

The government of Nigeria has neglected the agriculture sector, causing the sector to be less competitive in the trade market. As a result, when economic activities in Nigeria increase …

Strategies To Overcome Barriers To A More Effective Leadership Style, David Barnwell

Walden Dissertations and Doctoral Studies

Disengaged employees and leaders lacking the skills to engage their employees account for an estimated $300 billion annual loss through lowered productivity. This study focused on a leader's understanding of employee engagement as a means of increasing productivity. Utilizing the theory of leadership styles and expectancy theory for the conceptual framework, this descriptive study explored strategies small business leaders have used to develop effective leadership styles to improve workplace engagement. Interviews with a purposive sample of 20 highest-ranking executives at small businesses with between 50 and 250 employees in the Mid-Atlantic region of the United States were analyzed using the …

Estimating Cost Adjustments Required To Accomplish Target Savings In Chronic Disease Management Interventions: A Simulation Study, Rafael Diaz, Joshua G. Behr, Bruce S. Britton

VMASC Publications

Chronic diseases are persistent ailments that are not preventable or curable with medication or vaccination. Many of the leading chronic conditions in industrialized societies may be related to lifestyle choices. The prevalence of these chronic conditions significantly affects the health, suffering, and longevity of patients. This paper demonstrates the utility of system dynamics as an approach to model and simulate the behavior of key cost factors in the implementation of population health management interventions. The study uses modeling and simulation as an evaluative method to identify potential savings stemming from an intervention within a well-defined population group. The model is …

First Full Uncorrected Proofs Of Capitalism, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Capitalism: competition, conflict, crises, by Anwar Shaikh. Unpublished — first uncorrected proof, dated October 11, 2015.

Loose Notes From Box 27-2, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Shaikh, A. (2013, April 23). Profit rate US, 1947–2010. Unpublished manuscript with handwritten annotations. Credited to Anwar Shaikh, PhD.

• Shaikh, A. (2013, October 31). Measurement of profit, capital and the rate of profit (Chapter 7). Unpublished manuscript.

• Soros, G. (1997, February 28). Letter to Paul Davidson regarding Economics for a civilized society. Unpublished correspondence.

• Gandolfo, G. (2008). Giuseppe Palomba and the Lotka–Volterra equations. Unpublished manuscript.

• Handfas, A. (2010, October 22). Testing the classical inflation model with economic activity limits other than throughput. Unpublished appendix with handwritten annotations.

• …

Hm Talk And Conference Papers - Stratification Econ Notes, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes,

• Shaikh, A., PhD. (n.d.). Notes for a Monday morning meeting (MHM) on austerity, David Laibman, Bertell Ollman, David McNally, and the precariat [Handwritten notes].

• Event timeline. (2015, April 20–21). Panel discussion: Does racism make you sick? Featuring Sandy Darity, Darrick Hamilton, and Anwar Shaikh [Document].

• Shaikh, A., PhD. (2015, April 24). Notes for an HM plenary on recurrent patterns, the profit motive, the Greek exit, Costas Lapavitsas, and Yanis Varoufakis [Handwritten notes].

• Shaikh, A., PhD. (2015, April). Notes from the “Does racism make you sick?” panel on points made by Sandy Darity and …

In Memory Of Michael Watts (November 3, 1950–December 5, 2014), William Walstad, Sam Allgood, Tisha Emerson, Gail Hoyt, Kimmarie Mcgoldrick, Georg Schaur, William E. Becker

Department of Economics: Faculty Publications

Michael Watts, Professor of Economics at Purdue University, died unexpectedly on December 5, 2014, at the age of 64 while on vacation in Antigua. His connection to the Journal of Economic Education is a long one. For 20 years, from 1988 through 2007, Mike served as the associate editor for JEE’s instruction section, which typically accounts for the largest number of articles published in a JEE issue. After 2007, he continued to serve on JEE’s editorial board. Mike was a remarkable academic and scholar who made significant and wide-ranging contributions to economic education beyond his valuable service to JEE.

Mike …

Mexico Consensus Economic Forecast, Volume 18, Number 1, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

No abstract provided.

Drug Violence, The Peso, And Northern Border Retail Activity In Mexico, Thomas M. Fullerton Jr., Adam G. Walke

Border Region Modeling Project

Exchange rate fluctuations and international business cycles may acutely affect retail sales in border regions where residents have the option of shopping in the neighboring country. This study examines the determinants of retail sales in six cities located along Mexico’s northern border. Retail activity in these cities is found to increase in tandem with real depreciations of the peso, lower unemployment rates in neighboring US counties, and increased border crossings. Taken together, these results suggest that cross-border shopping contributes to retail activity in the northern border region of Mexico. The opportunities for cross-border shopping may also condition the impact of …

Essays On High-Frequency Financial Data Analysis, Yingjie Dong

Dissertations and Theses Collection (Open Access)

This dissertation consists of three essays on high-frequency financial data analysis. I consider intraday periodicity adjustment and its effect on intraday volatility estimation, the Business Time Sampling (BTS) scheme and the estimation of market microstructure noise using NYSE tick-by-tick transaction data. Chapter 2 studies two methods of adjusting for intraday periodicity of highfrequency financial data: the well-known Duration Adjustment (DA) method and the recently proposed Time Transformation (TT) method (Wu (2012)). I examine the effects of these adjustments on the estimation of intraday volatility using the Autoregressive Conditional Duration-Integrated Conditional Variance (ACD-ICV) method of Tse and Yang (2012). I find …

Relationship Between Leadership, Organizational Commitment, And Intent To Stay Among Junior Executives, Lorraine Elizabeth Anderson

Walden Dissertations and Doctoral Studies

Executive-level attrition rates from retiring baby boomers may result in a shortage of qualified junior executives to replace the retirees. The purpose of this correlational study was to examine the efficacy of leadership style and organizational commitment in predicting intent to stay among junior executives. The Multifaceted Leadership Questionnaire, Three-Component Model (TCM) Employee Commitment Survey, and Intent to Stay Scale were administered to 147 junior executives employed in the southern region of the United States. Motivation theory served as the theoretical foundation in this study. The results of the bivariate regression were significant, F(1, 105) = 27.82, p < .001, R2 = .21, suggesting that leadership style significantly predicted intent to stay. The results of the multiple linear regression were significant, F(2, 104) = 19.42, p < .001, R2 = .27, suggesting that the model as a whole was able to significantly predict intent to stay. Affective commitment, B = 0.64, p < .001, was the only significant contributor to the model. The implications for positive social change include the potential to provide senior management with a better understanding of factors that relate to junior executive retention. The potential exists to provide senior executives with the necessary tools to increase retention. The social change implications include the potential for senior management to create a more desirable workplace, higher job satisfaction, and overall organization environment, making it more desirable to stay with the organization.

Ketegaran Upah Nominal Sebagai Sarana Rekonsiliasi Hubungan Industrial Pada Masa Krisis, Joko Susanto

Jurnal Ekonomi dan Pembangunan Indonesia

The decreasing of worker productivity, that happened in the crisis, would be a reason for employer to lower nominal wages. However, the crisis also led to a reduction of worker's real incomes due to higher inflation so the workers ask higher nominal wage to maintain their welfare. This research analysis nominal wage determination in Indonesian chemical industries during the crisis. This research uses regression analysis based on the dynamic panel data model. The results show that during the crisis, nominal wage rate is not decrease. Employer state that decline in nominal wage have a negative impact on company performance. During …

National Agri-Marketing Association Annual Conference Professional Growth Opportunities For Unl Students, Caleb Nuehring, Rosalee A. Swartz

Cornhusker Economics

The National Agri-Marketing Association (NAMA) annual conference in April of each year is a highlight for Nebraska NAMA students. The students look forward to opportunities to network with professionals and attend sessions and workshops presented by internationally known speakers and experts.

NAMA is comprised of 23 professional chapters in six regions nationwide and has more than 3,500 professional and student members. NAMA members include professionals in agribusinesses, commodity associations, advertising and public relations agencies, as well as faculty, staff, and students from universities across the u.s. and Canada. At the state level, Nebraska's professional Cornhusker Chapter has nearly 70 members. …

A Conceptual Framework For Estimating The Impact Of Climatic Uncertainty And Shocks On Land Use, Food Production, And Poverty In The Philippines, Caesar Cororaton, Arlene Inocencio, Anna Bella Siriban-Manalang, Marites Tiongco

DLSU Business & Economics Review

Wide variations in climatic conditions from prolonged dry season to frequent occurrence of super typhoons have significant impact on the Philippines, especially on rural poor households which depend heavily on agriculture and food production for subsistence and income. This paper provides a research framework that can be used to understand the dynamics between climate change and agriculture. The framework incorporates the effects of climate change on agricultural productivity, as well as the effects of agricultural activities and land use on climate change through the emission of greenhouse gasses. The framework uses three simulation models to analyse the impact of climate …

Biophysical Vulnerability Impact Assessment Of Climate Change On Aquaculture Sector Development In Sarawak, Malaysia, Rosita Hamdan, Fatimah Kari, Azmah Othman

DLSU Business & Economics Review

This study is an assessment of the impact of climate change on the biophysical vulnerability of aquaculture production in Sarawak. The relationship between change in risk factors with the total aquaculture production and farmer’s income is identified. It utilizes data from the survey done on 249 aquaculture farmers in Sarawak, as well as secondary data gathered from various government reports. The multiple linear regressions results verify that the mean minimum temperature has a positive significant effect on freshwater ponds, while relative humidity has a negative significant effect on brackish water ponds. The total aquaculture area has a positive significant effect …

Trade Policy Implications On Food Security In Rice And Maize In Kenya And The Philippines, Chris Simon Sitienei Kipkorir, Marites Khanser

DLSU Business & Economics Review

The research is a study on trade policy implications on food security in rice and maize in Kenya and the Philippines. It covers, globalization as embodied by the East African Community and ASEAN region, trade and agricultural trade policies, agricultural development and factors of production regarding rice and maize. The purpose of the study is to determine implication of trade and trade policy model on food security, state of production and consumption on rice and maize. We also try to determine if there is no significant correlation between the factors of production concerning rice and maize. The study is a …

Does Financial Cooperation Agreement Influence The Real Economy?: A Gmm Panel Data Approach On Asean+3 Countries, Md. Saifur Rahman, Mohamed Aslam, Wee-Yeap Lau, Farihana Shahari

DLSU Business & Economics Review

This study aims to investigate the influences and contributions of financial integration on real sectors in ASEAN+3 economies. It employs General Methods of Moment (GMM) technique and uses the proxies of financial integration and real economy from 1990 to 2012. The findings show that financial integration on real economy has positive effect, such as increasing government spending, reducing unemployment, and so forth. The finding has great implications for the regional economies. It is recommended that the policy makers improve the financial integration in order to develop the real economy.

Determinants Of Investor’S Subscription Level Of Ipos: Evidence From Indian Capital Market In Post Mandatory Ipo Grading Regime, Souvik Banerjee, K.T. Rangamani

DLSU Business & Economics Review

This research paper determines the factors that influence investor’s appetite for Graded Initial Public Offerings(IPOs) between 2007 and 2013, in the context of Indian capital market. Company specific factors related to pre-issue financial position, corporate governance, and post issue promoter holding, firm age at the time of the issue, reputation of the lead manager of the issue, reputation of the credit rating agency, IPO Grade, and also market sentiment related factors like change in the money supply, Foreign Institutional Investor’s (FII) inflow, Price to Earnings (PE) ratio of the market, and market return, are considered. Out of these factors, FII …

Evaluating Banking Agents: A Case Of Brazilian Banking Correspondents, Tania Pereira Christopoulos, Lauro Emilio Gonzales Frias, Tomás Costa De Azevedo Marques

DLSU Business & Economics Review

Financial institutions play an important role in the development of any country’s economy, but there is still an enormous gap between supply and demand of financial services that meet the needs of the poor. Hence, it is important to analyze the role of the traditional financial system in the expansion of proper financial services, and their accessibility to the poor. Within inclusive finance, the most promising topic seems to be branchless banking. One major example of branchless banking is the case of banking correspondents (BC) in Brazil. In order to deepen the comprehension of the subject, this article will present …

Breastfeeding In The Philippine Workplace: What’S Wrong With The Right?, Emily Sanchez Salcedo

DLSU Business & Economics Review

There are four main differences between the Philippine and American statutes that promote breastfeeding. First, the Philippine law provides that lactation breaks should be compensated while the American law explicitly stated that employers are under no such obligation. Second, the Philippine law provides for “culturally appropriate lactation care and services” whereas majority of American states exempt breastfeeding from public indecency laws. Third, the Philippine law makes a conclusive statement that breastfeeding “enhances mother-infant relationship”. The American law wisely left such matter to individual realization. Fourth, the Philippine law puts the right of a mother to breastfeed on equal footing with …

Dine In Or Out: Understanding The Budgeting And Eating Out Behavior Of De La Salle University Students, Ma. Luisa C. Delayco, Hazel T. Biana

DLSU Business & Economics Review

The preparation and consumption of one’s food is governed by choices, attitudes, behavior, and beliefs. In De La Salle University, a school surrounded by a variety of restaurants, students make these food choices every day. Understanding how these food decisions are made is noteworthy, as this paper seeks to comprehend the students’ budgeting and eating out behavior through the use of Fishbein and Ajzen’s Theory of Reasoned Action. The underlying variables of the budgeting and eating out behavior of students are used to explain the pattern of correlations within a set of observed variables. Through an administered survey and data …