Open Access. Powered by Scholars. Published by Universities.®

Behavioral Economics Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 1 - 3 of 3

Full-Text Articles in Behavioral Economics

The International Ipad Index: Price Variants Across Countries And Associated Population Factors, Laura A. Renfroe Jan 2013

The International Ipad Index: Price Variants Across Countries And Associated Population Factors, Laura A. Renfroe

Laura A Renfroe

The goal of this research was to determine which population factors were associated with iPad pricing differences across countries. Specifically, this paper measured the relationship between iPad prices in a given country and its U.S. dollar exchange rate, amount of income inequality, Gross Domestic Product per capita, luxury good sales growth, Individualism Index score, and population density. Panel data was collected for the iPad 2, the iPad Retina, and the iPad Mini tablets from 38 countries of varying geographic locations, economic paradigms, and political structures. The pooled data set yielded 114 observations in total. Regressing iPad price as a percent …


Consumer Preference Of Semi-Professional Trumpet Players, Mario Yuuji Harper Dec 2012

Consumer Preference Of Semi-Professional Trumpet Players, Mario Yuuji Harper

Mario Yuuji Harper

This project has taken data on the performance and price of trumpet players in the USU Caine college of performing arts. We analyzed this to see the instrument preferences of aspiring professional trumpet players. We have chosen two primary variables to determine this from. First, we find the sound signature produced by the instrument and the player. Second, we look at the type of music that the player is interested in. This is a seemingly simple relationship, but we have found it to be fraught with complication.


Resource Allocation, Affluence And Deadweight Loss When Relative Consumption Matters, Jesse A. Matheson, B. Curtis Eaton Dec 2012

Resource Allocation, Affluence And Deadweight Loss When Relative Consumption Matters, Jesse A. Matheson, B. Curtis Eaton

Jesse A Matheson

We explore the link between affluence and well-being using a simple general equilibrium model with a pure Veblen good. Individuals derive utility from the pure Veblen good based solely on how much they consume relative to others. In equilibrium, consumption of the pure Veblen good is the same for everyone, so the Veblen good contributes nothing to utility. Hence, resources devoted to the Veblen good provide us with a measure of deadweight loss. We ask: Under what preference conditions does the proportion of productive capacity devoted to the pure Veblen good increase as an economy becomes more affluent? In a …