Behavioral Economics Commons^™

时尚报刊、广告与当代中国消费意识形态, Qili Lei

Lingnan Theses

本论文针对 1990 年代以来中国社会在经济文化方面的巨大改变，归纳并指出一种新的“消费意识形态”在中国业已历史地形成并取代日渐式微的传统 意识形态，成为宰制当代中国社会的主导力量。论文批判地回顾了1949 年以后中国大陆语境中意识形态涵义的历史嬗变，以四个具有典型意义的时尚报刊和广告案例、广告事件为例，从不同侧面解析了广告形象以及广告产业如何作为 中介与以时尚报刊为代表的文化工业一起，参与当代中国“消费意识形态”建 构的社会过程。

论文通过对“消费意识形态”所遮蔽的当代中国社会问题的揭示，对“消费意识形态”在当代中国社会发生影响的深度和广度的阐释，回应了九十年代以来在中国思想界有较大影响的“后六·四”文化论争中的一些重要问题，展现了文化研究在中国大陆介入现实社会思考和批判的可能空间。

Open Versus Sealed-Bid Auctions: Testing For Revenue Equivalence Under Singapore's Vehicle Quota System, Winston T. H. Koh, Roberto S. Mariano, Yiu Kuen Tse

Research Collection School Of Economics

Using data from the auction of vehicle quota licenses in Singapore, we study if revenue equivalence holds when the auction format was switched from a sealed-bid format (May 1990 to June 2001) to an open bidding format since July 2001. Our econometric analysis indicates the change in auction format led to a change in bidding behavior. On average, the quota license premium under the open bidding format is about US$1,000 (about 7.5% of the Category E license price in June 2001) lower, compared to the forecast level that would have prevailed if there had been no change in the auction …

Empowering Women As Family Financial Planners: A Mitigation Of The Pandemic's Economic Impact, Faridiah Aghadiati Fajri, Hilda Octavana Siregar, Dianila Oktyawati, Rumiyati Rumiyati

ASEAN Journal of Community Engagement

This article discusses a community engagement program that supports housewives as financial managers in difficult times, like COVID-19 Pandemic. This paper believes in the capacity of housewives, particularly in managing the financial conditions of the domestic. The pandemic conditions affect the world in multiple aspects and levels. Physical distancing as one of the policies applied had a wide impact, especially in the economic sector, globally and locally. The temporary shutdown of various business sectors has impacted the society, starting with a decrease in the family’s income, continuing with the difficulties to meet their needs, and eventually their welfare. This article …

The Shapley-Shubik Index, The Donation Paradox And Ternary Games, Vincent C. H. Chua, H. C. Huang

Research Collection School Of Economics

In this paper, we show that although the Shapley-Shubik index is immune to the donation paradox in weighted binary games, extension of the index to ternary games along the direction suggested in Felsenthal and Machover (1996, 1997) will cause it to be vulnerable to the paradox and this is the case as long as the number of players in the game exceeds three. This undermines the attractiveness of the Shapley-Shubik index as a measure of a priori voting power.

Investor Skepticism V. Investor Confidence: Why The New Research Analyst Reforms Will Harm Investors, John L. Orcutt

Law Faculty Scholarship

Part I of this Article provides an overview of research analysts and their basic functions, including a discussion of sell-side analysts' role in the market's recent boom and bust. Part II examines the conflicts of interest that have plagued sell-side research, and Part III reviews the Regulatory Actions that are meant to address these conflicts. In Part IV, the author will make the case for encouraging, rather than lessening, investor skepticism in sell-side research and will explain why the Regulatory Actions are not likely to improve the performance of sell-side analysts. Finally, Part V will offer a simpler proposal to …

Introduction To, Preferences And Rational Choice: New Perspectives And Legal Implications, Matthew D. Adler, Claire Finkelstein, Peter Huang

Faculty Scholarship

No abstract provided.

Jack Of All Trades Or Master Of One? Specialization, Trade And Money, Gabriele Camera, Robert R. Reed, Christopher Waller

Economics Faculty Articles and Research

We consider a model of decentralized exchange where individuals choose the set of goods they produce. Specialization involves producing a smaller set of goods and doing it more proÞciently. In doing so, agents reduce production costs, but also reduce the ease of trading their output. We derive the equilibrium degree of specialization and examine how it is affected by underlying fundamentals. Due to the existence of a hold-up problem, individuals specialize too little relative to the social optimum. Introducing money leads to more specialization relative to barter and increases welfare.

Customer Racial Discrimination In The Professional Sports Card Market: The Case Of League Majority Versus Minority, Tyler Forrest

University Avenue Undergraduate Journal of Economics

Previous research finds that customer racial discrimination decreases the price of a non-white baseball player’s card but does not decrease the price of a non-white basketball player’s card. This paper seeks to examine if racial minority or league minority affects the value of a trading card. Using disaggregated player performance data from 1977 we explore this question with baseball cards (in which non-white players are the league minority) and basketball cards (in which white non-players are the league majority). Using Tobit regressions, we find that customer discrimination exists against non-white players in both baseball and basketball leagues.

Housing Preferences Of Spanish-Speaking Migrants, Pueo Keffer

University Avenue Undergraduate Journal of Economics

In this research I attempt to model and investigate the housing decisions of Spanish-speaking migrants. I use methods developed by Bajari and Kahn (2002) to obtain willingness to pay measurements for the migrant groups in samples drawn from three major California cities. I then apply these results to several hypotheses that attempt to describe current migration patterns of Hispanics into increasingly segregated communities characterized by high levels of crowding, low educational attainment, and high levels of Spanish speakers. This research finds that spoken language plays a significant role in a migrant’s decision process. Spanish-speaking migrants demonstrate a significant preference for …

On The Proper Motives Of Corporate Directors (Or, Why You Don't Want To Invite Homo Economicus To Join Your Board), Lynn A. Stout

Cornell Law Faculty Publications

One of the most important questions in corporate governance is how directors of public corporations can be motivated to serve the interests of the firm. Directors frequently hold only small stakes in the companies they manage. Moreover, a variety of legal rules and contractual arrangements insulate them from liability for business failures. Why then should we expect them to do a good job?

Conventional corporate scholarship has great difficulty wrestling with this question, in large part because conventional scholarship usually adopts the economist's assumption that directors are rational actors motivated purely by self-interest. This homo economicus model of behavior may …

Denying Human Homogeneity: Eugenics & Making Of Post-Classical Economics, Sandra J. Peart, David M. Levy

Jepson School of Leadership Studies articles, book chapters and other publications

The question we propose to address is how did economics move from the classical period characterized by the hardest possible doctrine of initial human homogeneity—all the observed differences among people arise from incentives, luck, and history¹—to become comfortable with accounts of human behavior which alleged foundational differences among and within races of people? (Darity 1995) In this paper, we shall argue that early British eugenics thinkers racialized economics in the post-classical period.²

An Analysis Of Student Credit Card Debt Determinants And Factors, James Paton

Masters Theses

The Permanent Income Hypothesis (PIH) derived by Milton Friedman in 1957 states that individuals will base their current consumption on what they consider to be their "normal income." Normal income is derived by the individual's current and expected future income.

Credit cards have become prevalent among college campuses. Credit card issuers seek out students because of market saturation and the idea that students, are generally in independence limbo; still being supported by parents, yet regarded as legal adults.

This study seeks to find if the PIH is valid amongst college students by using student credit card debt as a sort …