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Full-Text Articles in Behavioral Economics

Collective Choice, Justin Schwartz Jan 2011

Collective Choice, Justin Schwartz

Justin Schwartz

This short nontechnical article reviews the Arrow Impossibility Theorem and its implications for rational democratic decisionmaking. In the 1950s, economist Kenneth J. Arrow proved that no method for producing a unique social choice involving at least three choices and three actors could satisfy four seemingly obvious constraints that are practically constitutive of democratic decisionmaking. Any such method must violate such a constraint and risks leading to disturbingly irrational results such and Condorcet cycling. I explain the theorem in plain, nonmathematical language, and discuss the history, range, and prospects of avoiding what seems like a fundamental theoretical challenge to the possibility …


Assessment Of The Foreign Non-Government Organizations' Role In Sudan, Professor Issam A.W. Mohamed Jan 2011

Assessment Of The Foreign Non-Government Organizations' Role In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study presented reviews activities of NGOs in Sudan. That was a disputable issue that resulted in a mass expulsion of many in 2009. However¸ there were precedents of such expulsions in previous and following years. The paper discusses humanitarian work in Sudan, positive and negative sides. Reasons are that part of the hypothetical framework here is that their activities in the country are indispensible. The country still faces many humanitarian suffering in most of its regions and international aid is direly required. Thus, it is essential to rectify their modus operandi to be consistent with the culture of the …


Impacts Of Tribal And Economic Factors On Civil Conflict Between North And South Sudan, Professor Issam A.W. Mohamed Jan 2011

Impacts Of Tribal And Economic Factors On Civil Conflict Between North And South Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The crisis of Greater Darfur Region of Sudan extends to other regions as the South Sudan prepares for secession next July 2011. In the past eight years Sudan's crisis in Darfur was amplified by global news media all over the world. Civil conflict erupted, developed into armed rebellions and open uncontrolled war that enveloped the whole region. The current inflamed undecided and unmarked future borders between the south and north are also facing growing tensions. In this current paper we present some information on what we see as the seeds of conflicts with complicated tribal structures in both sides and …


Optimization Of Hydroelectric Power Generation, Case Study Of Roseires Dam In Sudan, Professor Issam A.W. Mohamed Jan 2011

Optimization Of Hydroelectric Power Generation, Case Study Of Roseires Dam In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Water reservoirs are large pools of water created stream or river catchment's areas and torrential rains and for storing water for use in many ways, and perhaps electric power generation is one of the most important uses of these reservoirs and for agriculture. That is extremely beneficial considering a rare and limited economic resources. Applied stochastic processes model has been applied in the work of Roseires dam, in order to develop a system to generate the highest possible power in the resources available. The current paper aims to apply another model, which is a dynamic programming model to verify the …


Using Spectrum Auctions To Enhance Competition In Wireless Services, Peter Cramton, Evan Kwerel, Gregory Rosston, Andrzej Skrzypacz1 Jan 2011

Using Spectrum Auctions To Enhance Competition In Wireless Services, Peter Cramton, Evan Kwerel, Gregory Rosston, Andrzej Skrzypacz1

Peter Cramton

Spectrum auctions are used by governments to assign and price licenses for wireless communications. Effective auction design recognizes the importance of competition, not only in the auction, but in the downstream market for wireless communications. This paper examines several instruments regulators can use to enhance competition and thereby improve market outcomes.


Institutional Structure And Decision Making In Sudan, Professor Issam A.W. Mohamed Nov 2010

Institutional Structure And Decision Making In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study here presented reviews the institutional structure of the Sudanese government. Truly, though it is stigmatized as totalitarian, the structure is phenotypically perfect. Ministry of Ministries council is supposed to cater for analyzing data concerning ministries performance, drawing strategic planning, executing them through ministries and conduct the follow-ups. Department of decision-making was created and packages for data collection and analyses were improvised. However, all these structures seem skeletal as the final decisions structurally seem to be lost between the Presidency Institution and the executive institutions. An introduced flowing chart indicates that the cycle of all decisions end up at …


The International Society And The Sudanese National Disintegration, Professor Issam A.W. Mohamed Nov 2010

The International Society And The Sudanese National Disintegration, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The political crisis of Sudan is amplified everyday with the expansion of civil conflict from Darfur to Southern Kordofan state. The inevitable secession of Southern Sudan is threatened by the chronic crisis of Abyei pocket between the north and the south that saw open war between the two opponents; the Sudanese army and Popular Liberation of Sudan. Nevertheless, the Attorney General of the International Criminal Court, Ocambo vocalizes more concerns of humanitarian sufferings and war crimes that he claims to be continuing despite of peaceful negotiations. Such situation seems irrational with the de facto state of war that currently prevails …


The Impact Of Tribal Structure On The Economic Parameters And Conflicts Between North And South Sudan, Professor Issam A.W. Mohamed Nov 2010

The Impact Of Tribal Structure On The Economic Parameters And Conflicts Between North And South Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The crisis of Greater Darfur Region of Sudan extends to other regions as the South Sudan prepares for secession next July 2011. In the past eight years Sudan's crisis in Darfur was amplified by global news media all over the world. Civil conflict erupted, developed into armed rebellions and open uncontrolled war that enveloped the whole region. The current inflamed undecided and unmarked future borders between the south and north are also facing growing tensions. In this current paper we present some information on what we see as the seeds of conflicts with complicated tribal structures in both sides and …


Letter To Deputy Administrator Blum (Cms) On Medicare Auction, Peter Cramton Nov 2010

Letter To Deputy Administrator Blum (Cms) On Medicare Auction, Peter Cramton

Peter Cramton

No abstract provided.


Fend For Sudan Unity, Professor Issam A.W. Mohamed Nov 2010

Fend For Sudan Unity, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Sudan is unified as a country by many bonds that are also reasons for it disintegration. From the year 2005 where Nivasha Comprehensive Peace Agreement between the North and South parts, to 2011 the efforts of dividing the country were evident. From 2005, many analysts, tried to warn of the coming consequences of the Southern part secession. There were calls for improvements of the current regime's totalitarianism, open the doors for democracy, sharing people in power and decision making and amending human standards and freedom. However, all calls fell on deaf ears. The Darfur crisis accelerated and the regime clutch …


International Trade, Structural Deformations And Hegemony In Islamic And Arabic Countries, Professor Issam A.W. Mohamed, Dr. Mohamed A. Osman Nov 2010

International Trade, Structural Deformations And Hegemony In Islamic And Arabic Countries, Professor Issam A.W. Mohamed, Dr. Mohamed A. Osman

Professor Issam A.W. Mohamed

Contemporary world economic situation seems gloomy with the shadows of recession in many big economies. There attempts to rectify that situation with domestic restructuring and improvements in social parameters. However, it is imperative that holistic approaches should be reviewed whereas part of them are helping developing economies to improve productivity and expand their exports and imports. The books reviews issues of international trade as presented in theories and de facto applications. Historical backgrounds are analyzed to emphasize their impacts on the present situations. Within the parameters discussed are crusades and ensuing colonization. All these foot prints are still engraved in …


State Institutionalization, Governance And Decision Making In Sudan, Professor Issam A.W. Mohamed Nov 2010

State Institutionalization, Governance And Decision Making In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study here presented reviews the institutional structure of the Sudanese government. Truly, though it is stigmatized as totalitarian, the structure is phenotypically perfect. Ministry of Ministries council is supposed to cater for analyzing data concerning ministries performance, drawing strategic planning, executing them through ministries and conduct the follow-ups. Department of decision-making was created and packages for data collection and analyses were improvised. However, all these structures seem skeletal as the final decisions structurally seem to be lost between the Presidency Institution and the executive institutions. An introduced flowing chart indicates that the cycle of all decisions end up at …


Banks' Reserves Restrictions And Macroeconomic Parameters Of Sudanese Economy (2007-2009), Professor Issam A.W. Mohamed Oct 2010

Banks' Reserves Restrictions And Macroeconomic Parameters Of Sudanese Economy (2007-2009), Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The paper analyzes the impacts of Islamic and conventional Banks reserves' restrictions in Sudan. Comprehensively, those restrictions are necessary for health banks, performance and the viability of the macroeconomic performance in any country. The selected period of the analysis (2007-2009) is vital to study impacts of the Global Financial Crisis on the Sudanese economy. The paper introduces available data on banks institutions, macroeconomic policies and the central Bank of Sudan considering its part on controlling money supply and demand besides drawing policies for banks behaviors. It is conceivable from my conclusions here that there are conflicts between conventional and Islamic …


Reducing Healthcare Costs Requires Good Market Design, Peter Cramton, Brett Katzman Oct 2010

Reducing Healthcare Costs Requires Good Market Design, Peter Cramton, Brett Katzman

Peter Cramton

No abstract provided.


Letter From 167 Concerned Auction Experts On Medicare Competitive Bidding Program, Peter Cramton Sep 2010

Letter From 167 Concerned Auction Experts On Medicare Competitive Bidding Program, Peter Cramton

Peter Cramton

No abstract provided.


The Janjaweed, The Armed Movements And The Political Disintegration Of Sudan, Issam A.W. Mohamed Professor Jul 2010

The Janjaweed, The Armed Movements And The Political Disintegration Of Sudan, Issam A.W. Mohamed Professor

Professor Issam A.W. Mohamed

The present paper is part of unpublished book divided into three interrelated manuscripts that analyze the collapse of the Sudan. The current paper concludes that the rebellion by certain in Darfur region has triggered a further a counteraction by other tribes of Arab descendants. The counter-actors were recruited by an unprecedented tyrannical regime to submit the rebels but succeeded only in genocide and the turning over the regime and started their own rebellion. That resulted in an intricate situation carrying all symptoms of chaos. Truly, the regime maintained its existence but with continuously deteriorating life condition in Darfur region. The …


Wind Energy In Colombia: A Framework For Market Entry, Peter Cramton, Walter Vergara, Alejandro Deeb, Natsuko Toba, Irene Leino Jul 2010

Wind Energy In Colombia: A Framework For Market Entry, Peter Cramton, Walter Vergara, Alejandro Deeb, Natsuko Toba, Irene Leino

Peter Cramton

The purpose of this report is to provide decision makers in Colombia (and by extension other countries or regions), who are considering the deployment or consolidation of wind power, with a set of options to promote its use. The options presented are the result of an analysis of the Colombian market; this analysis included simulations and modeling of the country’s power sector, and extensive consultations with operators, managers, and agents. More information on the analysis and simulations is presented in the appendixes. Wind was chosen to exemplify the range of renewable energy alternatives available to complement traditional power sector technologies …


Macroeconomic Effects Of Foreign Currency Exchange Rates On Savings Attitudes In Sudan, Professor Issam A.W. Mohamed May 2010

Macroeconomic Effects Of Foreign Currency Exchange Rates On Savings Attitudes In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The impacts of fluctuations of exchange rates of foreign hard currencies are well documented in economics literature. There are measures taken over by countries to absorb their impacts on income, employment and national economies ability to function and produce. However, distortions are observed in underdeveloped and developing countries. Sudan is among those where impacts of fluctuations in exchange rates versus national currencies are strongly observed and felt on its economy. In the past three decades they represented the highest effects on real money's value, had macroeconomic impacts, affect the prices of productive inputs, produced commodities and the economy's performance. The …


Impacts Of Southern Sudan Secession: Case Study Of Hawazma Nomads Of Kordofan, Professor Issam A.W. Mohamed May 2010

Impacts Of Southern Sudan Secession: Case Study Of Hawazma Nomads Of Kordofan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Tribal interactions between groups of Southern Kordofan and the Southern provinces of Bahr al Ghazal and Upper Nile are wide and old. The old coexistence habits that previously dominated a one country structure were torn down by a de facto status secession by the Southern region of Sudan. The South Kordofan represents a region where tribal groups live in. Now it represents a region of future candidate for war. The decision of secession of Southern Sudan for independence involved delayed drawing borders and arguments of conflicts on specific regions bordering the two parts of Sudan. In South Kordofan many tribes …


Voluntary Return In The Comprehensive Peace Agreement Of Northern And Southern Sudan, Professor Issam A.W. Mohamed Apr 2010

Voluntary Return In The Comprehensive Peace Agreement Of Northern And Southern Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The date of South secession is coming soon at the 9th July 2011. However, there is the problem of people from the south who live in the north. Some of them where behaving as natural citezens and had jobs or education or even lived for decades and centuries in the north. Others were internally displaced people, but both are compelled to return to their homes in the south as the Comprehensive Peace Agreement signed by the twp parties, North and South have stressed on. That created inevitable another displacement or uprooting for them and definitely another human tragedy. This paper …


Impacts Of Banks' Reserves Restrictions On Macroeconomic Parameters Of Sudan (2007-2009), Professor Issam A.W. Mohamed Apr 2010

Impacts Of Banks' Reserves Restrictions On Macroeconomic Parameters Of Sudan (2007-2009), Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The paper analyzes the impacts of Islamic and conventional Banks reserves' restrictions in Sudan. Comprehensively, those restrictions are necessary for health banks, performance and the viability of the macroeconomic performance in any country. The selected period of the analysis (2007-2009) is vital to study impacts of the Global Financial Crisis on the Sudanese economy. The paper introduces available data on banks institutions, macroeconomic policies and the central Bank of Sudan considering its part on controlling money supply and demand besides drawing policies for banks behaviors. It is conceivable from my conclusions here that there are conflicts between conventional and Islamic …


Media Attention & Executive Pay In The Netherlands, Jordan Otten Apr 2010

Media Attention & Executive Pay In The Netherlands, Jordan Otten

Jordan Otten

This report is centered around three research questions on newspaper coverage and executive compensation in The Netherlands. 1) How has the coverage developed over the years? 2) How selective are newspapers in their coverage? And 3) What are the influences of newspaper coverage on executive compensation?

Based on the articles that have appeared in the period 1998- mid 2009, it can be concluded that the attention by newspapers is not only of the most recent years. Newspapers do not systematically focus on the better or worse performing companies and do also not focus on the higher or highest paid executives. …


The Social Infrastructure And The Civil Institutions In Sudan, Professor Issam A.W. Mohamed Mar 2010

The Social Infrastructure And The Civil Institutions In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Contemporary Sudanese society endures many hardships which are manifested in economic retraction, inflation, recession and stagflation. However, social conflicts are also manifested in simple man's daily complaints to open rebellions. Most academicians agree on one point, that the society endures abnormal conditions. The current paper aims delves into a historical context of civil society as a concept in general which originated in the west. Next it displays differences between it and the Sudan supposing that there is unique experience appropriate to the Sudanese state of affairs. Therefore that possibility of creating an appropriate term that fully describes the social structures …


The Impacts Of Water Pollution On Economic Development In Sudan, Professor Issam A.W. Mohamed Mar 2010

The Impacts Of Water Pollution On Economic Development In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Water pollution is a chronic crisis in Sudan that is rarely researched. However, it is combined with scarcity, disputes and uncertainty. In The current paper we introduce its concepts with emphasis on the growing problems of pollution combined with scarcity. A Case study of the growing problem of pollution is introduced and analyzed using economic parameters.


Human Rights Violations, Missing Justice, Civil Conflicts And Darfur Political Future, Professor Issam A.W. Mohamed Feb 2010

Human Rights Violations, Missing Justice, Civil Conflicts And Darfur Political Future, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

This paper reset some facts about Darfur civil conflict. It is brief statement of facts integrated with what I describe here as the missing justice. Violations of human rights are undeniable, but channels of achieving justice are absent. It is my conclusion here that the escalation of civil conflicts in Darfur from armed gangs to rebel groups and then to open civil wars were instigated by concrete evidence of human rights violations, atrocities and genocides and most of all by the inability of the concerned authorities to carry out justice which was lost in the maze of deception, lies, ignorance …


Politics, Hegemony And Survival In Sudan, Professor Issam A.W. Mohamed Feb 2010

Politics, Hegemony And Survival In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Since the beginning of the year 2010, the political crisis of Sudan expands everyday. The inevitable secession of Southern Sudan amplifies with the chronic crisis of Abyei pocket between the north and the south. However, most analysts vocalize their astonishment at irrational official behavior as the de facto state of war that currently prevails in the country and call it pure stupidity. In this paper we analyze what is behind the regime structure and the conception of the Hakimya that makes their regime fortified from accepting rationality, resilience and sense of truth to respond for solutions and help of the …


Tyranny And Economic Greed: The Disintegration Of The Sudanese Nation, Professor Issam A.W. Mohamed Jan 2010

Tyranny And Economic Greed: The Disintegration Of The Sudanese Nation, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The present paper is part of unpublished book divided into three interrelated manuscripts that analyze the collapse of the Sudan. The current paper conclude that the decision of the International Criminal Court to arrest President Bashir triggered a process for the disintegration of an unprecedented tyrannical regime that embezzled the Sudanese nation under the pretext of imposing Islamic Sharia Laws. However, there is a pronounced prominent conflict manifested here which is the question whether it was a real Islamic laws, or was it only a powerful tool to control the country. The dogma imposed hegemonic regime that extracted all economic …


Participation And Engagement In Sport: A Double Hurdle Approach For The United Kingdom, Babatunde Buraimo, Brad Humphreys, Rob Simmons Jan 2010

Participation And Engagement In Sport: A Double Hurdle Approach For The United Kingdom, Babatunde Buraimo, Brad Humphreys, Rob Simmons

Dr Babatunde Buraimo

This paper uses pooled cross-section data from four waves of the United Kingdom’s Taking Part Survey, 2005 to 2009, in order to investigate determinants of probability of participation and levels of engagement in sports. The two rival modelling approaches considered here are the double-hurdle approach and the Heckman sample selection model. The Heckman model proves to be deficient in several key respects. The double-hurdle approach offers more reliable estimates than the Heckman sample selection model, at least for this particular survey. The distinction is more than just statistical nuance as there are substantive differences in qualitative results from the two …


De Coöperatie, Organisatievorm Uit Het Verleden Voor Onze Samenleving Van Morgen?, Wim Van Opstal Jan 2010

De Coöperatie, Organisatievorm Uit Het Verleden Voor Onze Samenleving Van Morgen?, Wim Van Opstal

Wim Van Opstal

De financieel-economische crisis heeft het debat over de wijze waarop we onze economie moeten organiseren opnieuw aangewakkerd. Brede lagen van de bevolking, het maatschappelijk middenveld en zelfs de politieke klasse gingen op zoek naar alternatieven voor ons economisch bestel. Eén van deze alternatieven is de coöperatie. Het loont daarom eens de moeite om te kijken in welke domeinen men deze organisatievorm (her)ontdekt heeft en of de coöperatie daadwerkelijk een alternatief kan vormen voor bepaalde sociale en economische problemen.


Naar Een Monitor Voor De Sociale Economie In Vlaanderen, Wim Van Opstal, Eva Deraedt Jan 2010

Naar Een Monitor Voor De Sociale Economie In Vlaanderen, Wim Van Opstal, Eva Deraedt

Wim Van Opstal

In de loop van 2009 werd aan het HIVA – Onderzoeksinstituut voor Arbeid en Samenleving (KULeuven) in de schoot van het Steunpunt Werk en Sociale Economie een monitor voor de sociale inschakelingseconomie opgesteld (Deraedt & Van Opstal, 2009a, b). Het ontwerp van deze monitor volgt daarbij de conceptualisering van de sociale economie, zoals eerder uitgewerkt in een technisch voorrapport door Gijselinckx & Van den Broeck (2008). Bij de uitdraai van de monitor werden verschillende administratieve databanken aan elkaar gekoppeld, wat ons toelaat een profielschets van de sector op te stellen op ondernemingsniveau en op het niveau van haar doelgroepmedewerkers. Daarnaast …