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Full-Text Articles in Economics

Evaluating Utah's Rural Online Initiative: Empowering Organizational Leaders Through Remote Work, Paul A. Hill, Amanda D. Ali, Lendel K. Narine, Andrea T. Schmutz, Tyson M. Riskas, Debra M. Spielmaker Sep 2022

Evaluating Utah's Rural Online Initiative: Empowering Organizational Leaders Through Remote Work, Paul A. Hill, Amanda D. Ali, Lendel K. Narine, Andrea T. Schmutz, Tyson M. Riskas, Debra M. Spielmaker

Journal of Extension

Compared to urban counties, Utah's rural counties experienced high levels of unemployment. Informed by a statewide needs assessment, Utah State University Extension developed a remote work leadership course to equip business leaders with knowledge and skills to create remote jobs as a solution to rural unemployment. This descriptive evaluation study collected data from course participants (N = 62). Findings showed short-term outcomes were achieved; participants experienced increases in knowledge and skills and had more positive intentions toward creating remote jobs and hiring employees from rural counties. Extension professionals can design and evaluate their programs using the framework in this study.

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Scalability And Robustness Of Feed Yard Mortality Prediction Modeling To Improve Profitability, Ryan Feuz, Kyle Feuz, Jeffrey Gradner, Miles Theurer, Myriah Johnson Sep 2022

Scalability And Robustness Of Feed Yard Mortality Prediction Modeling To Improve Profitability, Ryan Feuz, Kyle Feuz, Jeffrey Gradner, Miles Theurer, Myriah Johnson

Applied Economics Faculty Publications

Cattle feed yards routinely track and collect data for individual calves throughout the feeding period. Using such operational data from nine U.S. feed yards for the years 2016-2019, we evaluated the scalability and economic viability of using machine learning classifier predicted mortality as a culling decision aid. The expected change in net return per head when using the classifier predictions as a culling aid as compared to the status quo culling protocol for calves having been pulled at least once for bovine respiratory disease was simulated. This simulated change in net return ranged from - $1.61 to $19.46/head. Average change …

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The Case For Dynamic Cities, Brian J. Asquith, Margaret C. Bock Sep 2022

The Case For Dynamic Cities, Brian J. Asquith, Margaret C. Bock

Upjohn Institute Working Papers

Cities today are confronting never-before-seen challenges to their top spot in the economic hierarchy. In this chapter, we lay out four challenges, past and future, that cities face today and identify policies that can help address the problems we identify. We call attention to the need for many U.S. cities to redevelop the large amount of aging postwar single-family housing, while reforming past exclusionary zoning and infrastructure decisions that exacerbated inequality. Cities will have to fix these past mistakes against the backdrop of an aging population and the rise of remote working, both of which undercut cities’ traditional source of …

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Research Of S&T And Financing Integration Development From Innovation Chain Perspective, Yingming Li, Qian Li, Ying Wang Sep 2022

Research Of S&T And Financing Integration Development From Innovation Chain Perspective, Yingming Li, Qian Li, Ying Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

S&T and financing integration contributes to improve innovation efficiency and expand profit margin of financial capital. With the shortening transformation period from basic research into practical productive force, this integration extends to the front of the innovation chain. Dominant position in foundation innovation is becoming the focus of major country competition. From the perspective of innovation chain, this study puts forwards a logical framework of S&T and financing integration. For different innovation stages, the study analyzes the technology innovation goals, industrial development characteristics, and the rules of capital operation. Based on the co-evolution processes of S&T and financing, suggestions of …

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Deepen Combination Of Science, Technology And Finance To Empower Enterprises To Carry Out High-Quality Innovation, Wei Xue, Beibei Hu, Shijie Wei Sep 2022

Deepen Combination Of Science, Technology And Finance To Empower Enterprises To Carry Out High-Quality Innovation, Wei Xue, Beibei Hu, Shijie Wei

Bulletin of Chinese Academy of Sciences (Chinese Version)

China has been promoting the combination of science, technology and finance for more than 40 years. A sci-tech finance system covering different links of enterprise technological innovations has been built. However, considering the new situation in the new era of highquality development in China, sci-tech finance is facing major challenges and growing problems, and urgently needs to be further upgraded and developed. This study puts forward four suggestions. First, it suggests improving the financial system based on the law of innovation, so as to build a sci-tech finance system with differentiated positioning and integrated links. Second, it recommends innovating the …

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Intellectual Property Strategies In Promoting Integration Of Sci-Tech And Financing, Haibo Liu, Pengfei Wang, Yafeng Zhang Sep 2022

Intellectual Property Strategies In Promoting Integration Of Sci-Tech And Financing, Haibo Liu, Pengfei Wang, Yafeng Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Intellectual property (IP) is a key in strengthening the integration of sci-tech and financing for the aim of innovation-driven development. Sci-tech activities are a type of investment in nature. Innovative entities can attract investment with high-quality IP, and investors can profit from innovation by investing in IP. This study analyzes the investment nature of sci-tech activities from two periods of research & development and transformation of sci-tech achievements, and analyzes the role of IP in the two periods. Based on practical foundations, the main considerations are put forward from the aspects of national needs, industry characteristics, endowment difference, and target …

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The Growth Of Firms, Markets And Rents: Evidence From China, Daniel Berkowitz, Shuichiro Nishioka Sep 2022

The Growth Of Firms, Markets And Rents: Evidence From China, Daniel Berkowitz, Shuichiro Nishioka

Economics Faculty Working Papers Series

Using recent methods for estimating firm-level markups and profit shares, we document that Chinese manufacturing firms collected more rents following China's accession to the World Trade Organization (WTO). This is because the net entry of firms lagged the massive growth in the domestic market. These effects were particularly strong in domestic markets where state ownership was pervasive. While selection on large productive firms drove the rise in the aggregate markups in the United State (De Loecker et al, 2020), these competitive forces played a secondary role in Chinese manufacturing.

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Inequality As A Barrier To Economic Integration? An Experiment, Gabriele Camera, Lukas Hohl, Rolf Weder Sep 2022

Inequality As A Barrier To Economic Integration? An Experiment, Gabriele Camera, Lukas Hohl, Rolf Weder

ESI Working Papers

International economic theory suggests that people should embrace economic integration because it promises large gains. But policy reversals such as Brexit indicate a desire for economic disintegration. Here we report results of an experiment of how size and cross-country distribution of gains from integration influence individuals’ inclination to cooperate to reap its intended benefits and to embrace or reject integration. The design considers an indefinitely repeated helping game with multiple equilibria and strategic uncertainty. The data reveal that inequality of potential gains neither affected behavior nor reduced support for economic integration. However, integration may lead to disappointing, unequally distributed welfare …

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The Great Resignation Among Restaurant Workers: A Content Analysis Of News Sources’ Portrayals Of The Covid-19 Labor Shortage, Mackenzie M. Williams Sep 2022

The Great Resignation Among Restaurant Workers: A Content Analysis Of News Sources’ Portrayals Of The Covid-19 Labor Shortage, Mackenzie M. Williams

The Cardinal Edge

When workers left the labor market in large numbers during the COVID-19 pandemic, proclamations of a labor shortage emerged extensively throughout the news. In this study, I analyze the coverage of the worker shortage among three news sources with different political orientations. Several themes emerged from analyzing a total of 75 articles. The findings showed that the perspective shown in the article, the cause of the labor shortage, restaurant worker portrayal, support of solutions, and opinion of the labor shortage all differed based on the political identity of the news source. This research supports previous findings that show there is …

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The Economic Behavior Of Restaurant Tipping: The Effect Of Tipping On Profit, Golnoush Esmaeily Sep 2022

The Economic Behavior Of Restaurant Tipping: The Effect Of Tipping On Profit, Golnoush Esmaeily

The Cardinal Edge

This paper explores the potential motivations behind restaurant tipping and its effect on profit. The analysis discovers several reasons that motivate people to tip in a restaurant, including exemplary service quality, future service, and social norms. Initially, tipping was used to encourage service quality, but it shifted to become the desire to conform to the social norm. Customers aim to prevent embarrassment and unfairness that may result from not tipping or lacking empathy for the worker. A survey was conducted with 40 Louisville customers and 16 Louisville servers soliciting their opinion about their tipping behavior. The quantitative study results show …

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Effect Of Socio-Economic Factors On Loan Repayment Performance Of Youth Revolving Fund In Oromia Regional State, Ethiopia, Abebe Negesse Bantu, N.S. Malik Sep 2022

Effect Of Socio-Economic Factors On Loan Repayment Performance Of Youth Revolving Fund In Oromia Regional State, Ethiopia, Abebe Negesse Bantu, N.S. Malik

Arab Economic and Business Journal

Youth Revolving Fund (YRF) loan was established to help unemployed youths alleviate their economic and social difficulties. However, its loan repayment performance is not as expected. Thus, the objective of this study was to examine effect of socio-economic factors on loan repayment performance of YRF in Oromia Regional State. 328 data collected from 328 respondents and the result showed peer pressure, loan diversion, time of maturity of investment and predominant economic shocks were affected loan repayment at 5% level of significance. Finally, government is recommended to create awareness about YRF loan, reconsider training and guidance, and alternative fund utilization strategy.

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Odu Economist Outlines Costs Resulting From Unchecked Sea Level Rise, Brendan O'Hallarn Sep 2022

Odu Economist Outlines Costs Resulting From Unchecked Sea Level Rise, Brendan O'Hallarn

News Items

No abstract provided.

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India’S Economy At 75 : Part Iii, Ishrat Husain Dr. Sep 2022

India’S Economy At 75 : Part Iii, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Despite impressive achievements since 1991, India is facing several major challenges. A major problem is absorbing its youth in a productive labour force and finding gainful employment for them. Half of its population is under the age of 25. Only 35 per cent of the working age population has a job while 12 million new entrants would enter the labour force every year. The past record in labour absorption, despite impressive economic growth, has not been stellar. The great divide between the organized and unorganized parts of the economy is growing. Ninety per cent of the jobs are in the …

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The Impact Of Intangible Capital On The Productivity Of Small Firms, Črt Kostevc, Tjaša Redek Sep 2022

The Impact Of Intangible Capital On The Productivity Of Small Firms, Črt Kostevc, Tjaša Redek

Economic and Business Review

Despite the mounting evidence in support of the role of intangible capital on firm performance, some research gaps remain. This paper focuses on the link between intangible capital and firm performance with a particular focus on the effect firm size has on the relationship by studying the population of Slovene enterprises between 2007 and 2020. We find that while intangible assets are positively associated with productivity, the link is by no means linear. Furthermore, micro firms appear to benefit most from investing in intangible assets, while the effect is less robust for small and medium-size enterprises (SMEs) and large firms. …

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Triggers Of Different Types Of Firm Growth, Nina Ponikvar, Maks Tajnikar, Petra Došenović Bonča Sep 2022

Triggers Of Different Types Of Firm Growth, Nina Ponikvar, Maks Tajnikar, Petra Došenović Bonča

Economic and Business Review

Authors define and explain firm growth as its transition from current position to short-term or long-term equilibrium motivated by profit maximisation. They allocate growing firms into six groups according to their growth type based on different dimensions of firm growth, i.e. growth of labour, growth of capital, growth of the volume of business, and growth of profit. Given that the typology of growing firms employed for the purpose of this paper is based on microeconomic theory, the triggers and their hypothesised relevance in explaining short-term and long-term growth patterns are also grounded in microeconomic theory. Accordingly, the authors study growth …

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Intangibles And Participation In Global Value Chains In The Eu: Evidence From The Globalinto Input-Output Intangibles Database, Petros Dimas, Dimitrios Stamopoulos, Aggelos Tsakanikas Sep 2022

Intangibles And Participation In Global Value Chains In The Eu: Evidence From The Globalinto Input-Output Intangibles Database, Petros Dimas, Dimitrios Stamopoulos, Aggelos Tsakanikas

Economic and Business Review

The scope of this paper is to provide empirical evidence regarding intangible inputs, global value chains (GVCs) participation and their linkage with exports in the EU and the UK, utilizing data from WIOD and the newly constructed GLOBALINTO Input-Output Intangibles Database for the period 2000–2014. GVC participation metrics are calculated based on a production-based decomposition framework and include backward and forward participation indices. Intangible inputs follow a breakdown by origin into domestic and imported intangible inputs. Our empirical results suggest that GVC participation (both backward and forward) is a significant driver for exports and highlight the importance of intangibles’ origin …

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Intangible Assets And Their Impact On Economic Performance, Mojca Bavdaž, Yannis Caloghirou, Mira Dimitrić, Aimilia Protogerou Sep 2022

Intangible Assets And Their Impact On Economic Performance, Mojca Bavdaž, Yannis Caloghirou, Mira Dimitrić, Aimilia Protogerou

Economic and Business Review

The paper introduces the topic of intangible assets. It describes the evolution of the concept of intangible assets and the role of these assets in today’s economy. The importance of intangible assets is highlighted through many quantitative estimates of the impact that intangible assets have on economic performance. After reviewing research carried out mainly in the Western economies, the paper concentrates on the research covering the size and impact of intangible investment in the Central and Eastern European (CEE) and Balkan countries. Moreover, the focus shifts to the firm level where the management of intangible assets faces several challenges that …

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The Characteristics And Role Of Intangible Capital In Central-Eastern Europe, The Balkans And In The Mediterranean, Igor Lončarski, Mojca Marc Sep 2022

The Characteristics And Role Of Intangible Capital In Central-Eastern Europe, The Balkans And In The Mediterranean, Igor Lončarski, Mojca Marc

Economic and Business Review

No abstract provided.

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Grease Or Grit?: International Case Studies Of Occupational Licensing And Its Effects On Efficiency And Quality, Morris M. Kleiner Editor, Maria Koumenta Editor Sep 2022

Grease Or Grit?: International Case Studies Of Occupational Licensing And Its Effects On Efficiency And Quality, Morris M. Kleiner Editor, Maria Koumenta Editor

Upjohn Press

The book provides a comprehensive approach to whether a dominant governmental institution in the labor market-occupational licensing-greases, which enhances, or on the other hand results in grit, which diminishes the efficient workings of labor and service markets in parts of Europe and the United States. The detailed case studies in the book indicate that an increase in the availability of service providers or enhanced competition does not have negative effects on the quality of the services provided, prices, or survey measures of consumer satisfaction.

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Seize The Time: Needed Research On Local Economic Development In An Era Of Increased Attention To Problems Of Place, Timothy J. Bartik Sep 2022

Seize The Time: Needed Research On Local Economic Development In An Era Of Increased Attention To Problems Of Place, Timothy J. Bartik

Upjohn Institute Policy Papers

With the increased attention to place-based policies comes an increased need for policy-relevant research on local economic development. Within the policy area of local economic development, this paper identifies five types of research needs: 1) better definitions of local labor markets; 2) policy know-how on how local economic development’s benefits can be better spread to distressed neighborhoods; 3) evidence on what types of jobs have both good growth prospects in the U.S. economy yet also provide good long-run job opportunities in local labor markets for the majority of U.S. workers who lack a bachelor’s degree; 4) estimates of how local …

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Essays On The Effects Of Mergers On Competition, Yiran Cao Sep 2022

Essays On The Effects Of Mergers On Competition, Yiran Cao

Lingnan Theses (MPhil & PhD)

Mergers enable firms to internalize pricing externalities among competitors, hence raising market power and reducing social welfare. Mergers, on the other hand, can create merger-specific efficiencies and hence promote welfare. This thesis investigates the competitive effects of both horizontal and vertical mergers, motivated by this trade-off. It consists of two chapters. Chapter 2 sheds light on the competitive effects of killer acquisitions by extending the theoretical model of Cunningham et al. (2021). It examines how an acquiring firm's post-acquisition divestiture incentive is affected by the nature of competition, how the divestiture strategy impacts the likelihood of killer acquisitions, and what …

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Reviewing John Maynard Keynes: The Economic Consequences Of The Peace, John C. Daniel Sep 2022

Reviewing John Maynard Keynes: The Economic Consequences Of The Peace, John C. Daniel

Liberty University Journal of Statesmanship & Public Policy

The 1919 Treaty of Versailles is one of the most impactful documents in world history. The treaty effectively ended World War I, decimated Germany, and laid the foundation for World War II. In his analysis The Economic Consequences of the Peace, John Maynard Keynes gives a first-hand account of the influence of world leaders President Woodrow Wilson, English Prime Minister David Lloyd George, and French Prime Minister Georges Clemenceau and the roles they played during the Paris Peace Conference. Keynes explains the treaty from a geopolitical lens, argues against the treaty’s reparations clause, and advocates for alternative solutions. Almost …

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Beauty Premium Of Working Women In Urban Indonesia, Tri Putri Octafia, Diahhadi Setyonaluri Sep 2022

Beauty Premium Of Working Women In Urban Indonesia, Tri Putri Octafia, Diahhadi Setyonaluri

Makara Human Behavior Studies in Asia

Being attractive is believed to give many benefits in life. Economic studies have observed that physical attractiveness is associated with a higher wage. The benefits of being attractive have been perceived from early age, to the labor market, and to the marriage market. Despite all the advantages that beauty brings, efforts are being made to achieve or maintain attractiveness. People spend substantial resources,such as time and money, to enhance appearance. Using Ordinary Least Square (OLS) regression, this study examines the correlation between perceived attractiveness and earnings among urban working women in Indonesia. Findings show that the income of women who …

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Climate Change Adaptation And Mitigation In A Small Archipelago: The Role Of Ecotourism In Malta, Karl Agius Sep 2022

Climate Change Adaptation And Mitigation In A Small Archipelago: The Role Of Ecotourism In Malta, Karl Agius

International Journal of Islands Research

The aim of this paper is to present the potential of ecotourism to develop into a niche contributing to climate change adaptation strategies whilst making the existing tourism industry more resilient. The paper provides an overview of mitigation measures adopted in Malta by the aviation, tourism and hospitality industry as well as policy makers in the archipelago to respond to major challenges that climate change poses for tourism. These changes are vital to lure ecotourists and to support ecotourism development. Six main themes emerged from the research in the context of the role ecotourism can play as an adaptation to …

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Interfirm Network Analysis In Marginal Tourist Destinations: The Mediator Company In Business Relationships, Giovanni Ruggieri, Gaspare Varvaro, Salvatore Iannolino Sep 2022

Interfirm Network Analysis In Marginal Tourist Destinations: The Mediator Company In Business Relationships, Giovanni Ruggieri, Gaspare Varvaro, Salvatore Iannolino

International Journal of Islands Research

The literature on tourist destinations and the use of empirical approaches evidence the need to adopt this model to increase tourism economies. In model application, the enterprises, and local stakeholders, sometimes represent limitations or opportunities. This article opens the view to tourist destination networks, described as relational structures that can influence and determine the destination-building process. The Network Analysis methodology offers a better understanding of inter-firm relational dynamics when applied in a small context, and in this case, the application was undertaken on the island of Sicily, in Menfi town and its hinterland. Findings show the presence of a company …

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A Relational Approach To Networks In A Tourism Destination: Business And Family Networks In San Vito Lo Capo, Sicily, Giovanni Ruggieri, Salvatore Iannolino Sep 2022

A Relational Approach To Networks In A Tourism Destination: Business And Family Networks In San Vito Lo Capo, Sicily, Giovanni Ruggieri, Salvatore Iannolino

International Journal of Islands Research

This article constructs a relational framework using the principles of the Network Approach to examining the business exchange structure of a tourist destination. Network Analysis is the methodology to analyse the metrics of collaboration and cooperation among destination companies. The model was applied in a remote tourist destination named San Vito Lo Capo on the island of Sicily, where tourism has significantly expanded in the last twenty years. The focus is on how groupings of small companies within family relations can govern and be responsible for tourism destination cooperation. As the main result, the existence was identified, of a relational …

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The Nexus Between Tourism Demand And Regional Characteristics: The Case Of Japanese Islands, Kantaro Takahashi Sep 2022

The Nexus Between Tourism Demand And Regional Characteristics: The Case Of Japanese Islands, Kantaro Takahashi

International Journal of Islands Research

This paper explores the relationships between tourism demand and regional characteristics of the Japanese islands. A regression model was carried out for 113 islands designated by the Remote Island Development Act, which is one of the laws designed to promote rural areas in Japan. Results show that the transportation situation was related to the demand of arrival tourists, whereas the results were insignificant for the model with the response variable as lodging tourists. Meanwhile, location factors were significant for lodging tourists—that is, open sea areas have more lodging tourism demand than islands in inland sea areas. Furthermore, this study found …

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Changes In The Development Of Social Policy In A Small Island Economy: Malta, Rose Marie Azzopardi, Joseph Azzopardi Dr, Maximilian Bonnici Sep 2022

Changes In The Development Of Social Policy In A Small Island Economy: Malta, Rose Marie Azzopardi, Joseph Azzopardi Dr, Maximilian Bonnici

International Journal of Islands Research

This paper analyses the development of social policies in Malta, with a particular focus on events which have impacted on the country’s growth and subsequently on its social security system and policies involving housing, health, education migration and employment. In recent decades, with costs to sustain an ever-growing web of social services becoming more demanding, governments have tried to encourage more self-help and to lessen the heavy dependence on aid structures within the system, pushed at times by recommendations from regional and international institutions. The smaller the economy the more open it is likely to be. Consequently, it is impacted …

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Ijir Title Page And Table Of Contents Vol. 3, Kevin A. Griffin, Giovanni Ruggieri, Patrizia Calò, Razaq Raj Sep 2022

Ijir Title Page And Table Of Contents Vol. 3, Kevin A. Griffin, Giovanni Ruggieri, Patrizia Calò, Razaq Raj

International Journal of Islands Research

No abstract provided.

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The Personality And Cognitive Traits Associated With Adolescents’ Sensitivity To Social Norms, Christopher Tate, Rajnish Kumar, Jennifer M. Murray, Sharon Sanchez-Franco, Olga L. Sarmiento, Shannon C. Montgomery, Huiyu Zhou, Abhijit Ramalingam, Erin Krupka, Erik Kimbrough, Frank Kee, Ruth F. Hunter Sep 2022

The Personality And Cognitive Traits Associated With Adolescents’ Sensitivity To Social Norms, Christopher Tate, Rajnish Kumar, Jennifer M. Murray, Sharon Sanchez-Franco, Olga L. Sarmiento, Shannon C. Montgomery, Huiyu Zhou, Abhijit Ramalingam, Erin Krupka, Erik Kimbrough, Frank Kee, Ruth F. Hunter

Economics Faculty Articles and Research

Little is known about the personality and cognitive traits that shape adolescents’ sensitivity to social norms. Further, few studies have harnessed novel empirical tools to elicit sensitivity to social norms among adolescent populations. This paper examines the association between sensitivity to norms and various personality and cognitive traits using an incentivised rule-following task grounded in Game Theory. Cross-sectional data were obtained from 1274 adolescents. Self-administered questionnaires were used to measure personality traits as well as other psychosocial characteristics. Incentivised rule-following experiments gauged sensitivity to social norms. A series of multilevel mixed effects ordered logistic regression models were employed to assess …

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