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2023

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Full-Text Articles in Industrial Organization

Reducing Food Scarcity: The Benefits Of Urban Farming, S.A. Claudell, Emilio Mejia Dec 2023

Reducing Food Scarcity: The Benefits Of Urban Farming, S.A. Claudell, Emilio Mejia

Journal of Nonprofit Innovation

Urban farming can enhance the lives of communities and help reduce food scarcity. This paper presents a conceptual prototype of an efficient urban farming community that can be scaled for a single apartment building or an entire community across all global geoeconomics regions, including densely populated cities and rural, developing towns and communities. When deployed in coordination with smart crop choices, local farm support, and efficient transportation then the result isn’t just sustainability, but also increasing fresh produce accessibility, optimizing nutritional value, eliminating the use of ‘forever chemicals’, reducing transportation costs, and fostering global environmental benefits.

Imagine Doris, who is …


Essays On Market Inefficiencies Arising From Information Asymmetry And Market Power, Ming Ge Nov 2023

Essays On Market Inefficiencies Arising From Information Asymmetry And Market Power, Ming Ge

Doctoral Dissertations

This dissertation comprises three chapters that empirically investigate various kinds of market inefficiencies arising from seller misbehaviors. The first two chapters focus on physicians' overtreatment in healthcare markets. A standard reputation system falls short of effectively curbing overtreatment due to the credence-good nature of such a market: patients cannot tell whether a high-cost treatment recommendation (versus a less costly and complex treatment) is necessary even after the service is completed. In the first chapter, I propose a novel solution to reinstate the function of reputation by combining a reputation mechanism with patient search for second opinions. I conduct a laboratory …


Regulatory Protection And The Role Of International Cooperation, Yuan Mei Nov 2023

Regulatory Protection And The Role Of International Cooperation, Yuan Mei

Research Collection School Of Economics

I develop a general equilibrium framework to analyze the welfare consequences of product regulations and their international harmonization. In my model, raising product standards reduces a negative consumption externality, but also increases the marginal and fixed costs of production. When product standards are set noncooperatively, the effects of standards on other countries' wages and number of firms are not internalized, giving rise to an international inefficiency. The World Trade Organization's nondiscrimination principle of national treatment only partly addresses this inefficiency. Welfare losses from abandoning national treatment average 2.8%, whereas the maximum welfare gains from efficient cooperation average 11.8%.


Obfuscation And Rational Inattention, Aljoscha Janssen, Johannes Kasinger Nov 2023

Obfuscation And Rational Inattention, Aljoscha Janssen, Johannes Kasinger

Research Collection School Of Economics

We study the behavior of duopolistic firms that can obfuscate their prices before competing on price. Obfuscation affects the rational inattentive consumers' optimal information strategy, which determines the probabilistic demand. Our model advances related models by allowing consumers to update their unrestricted prior beliefs with an informative signal of any form. We show that the game may result in an obfuscation equilibrium with high prices or a transparency equilibrium with low prices and no obfuscation, providing an argument for market regulation. Obfuscation equilibria cease to exist for low information costs and if one firm seems a priori considerably more attractive.


The Slogans And Goals Of Antitrust Law, Herbert J. Hovenkamp Oct 2023

The Slogans And Goals Of Antitrust Law, Herbert J. Hovenkamp

All Faculty Scholarship

This is a comparative examination of the slogans and goals most advocated for antitrust law today – namely, that antitrust should be concerned with “bigness,” that it should intervene when actions undermine the “competitive process,” or that it should be concerned about promoting some conception of welfare. “Bigness” as an antitrust concern targets firms based on absolute size rather than share of a market, as antitrust traditionally has done. The bigness approach entails that antitrust cannot be concerned about low prices, or the welfare of consumers and labor. Nondominant firms could not sustain very high prices or cause significant reductions …


Virtual Currencies And Intrapreneurial Coordination, Martin Sibileau Aug 2023

Virtual Currencies And Intrapreneurial Coordination, Martin Sibileau

Journal of New Finance

Managers of conglomerates or companies with multiple business units are, like central planners in socialist countries, unable to perform economic calculation. These units exchange goods and services internally based on transfer prices, not market prices, and it is hard to ascertain the value contributed by management, which is often hired and rewarded based on political considerations. Innovation is also often unwelcome, as it may challenge privileges of executive management. Until 2016, conglomerates lacked the technology to benefit from economic calculation. In this paper, I propose that a blockchain platform supporting an internal virtual currency enables economic calculation inside conglomerates, unlocking …


The Role Of Filipino Conglomerates In The Nation's Development, Jesus Felipe Aug 2023

The Role Of Filipino Conglomerates In The Nation's Development, Jesus Felipe

Angelo King Institute for Economic and Business Studies (AKI)

Could the country's small and medium companies be the engines of transformation that it needs to attain and sustain the 6.5-8 percent annual growth targeted in the Philippine Development Plan 2023-2028? I doubt it. They have neither the knowledge nor the financial muscle to do it.

There is another group of companies that could lead the way. These are the large conglomerates of the nation. They have much better knowledge of the economy and financial power. Yet, in general, they do not innovate or export. Instead, they are into non-tradable activities (real estate, banking, distribution, insurance, construction, telecommunications and food). …


Understanding Factors Influencing Electric Vehicle Adoption: Evidence From Panel Data Analysis, Ryker Brian Aug 2023

Understanding Factors Influencing Electric Vehicle Adoption: Evidence From Panel Data Analysis, Ryker Brian

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

This paper investigates the factors influencing the adoption of electric vehicles (EVs) using panel data from California. The analysis employs a panel data model with within effects to examine the relationship between EV adoption rates and various socio-economic factors. The continued analysis gives out-of-sample forecasted results for the 4 counties with the highest share of electric vehicles registered in 2021. Additionally, the paper explores the influence of supply-side issues and complementary infrastructure on EV adoption. An introduction to Hidden Markov Methods is then given as the next step in the research.


Quantifying The Impact Of Airlines Exit In Tourism Destinations. The Cases Of Monarch And Thomas Cook, Ubay Pérez-Granja, Juan Luis Eugenio-Martin Jun 2023

Quantifying The Impact Of Airlines Exit In Tourism Destinations. The Cases Of Monarch And Thomas Cook, Ubay Pérez-Granja, Juan Luis Eugenio-Martin

ITSA 2022 Gran Canaria - 9th Biennial Conference: Corporate Entrepreneurship and Global Tourism Strategies After Covid 19

We analyze the impact on tourists’ arrivals after the bankruptcies of Monarch Airlines and Thomas Cook. It draws on arrivals from the UK to Canary Islands and it employs a univariate and multivariate structural time series with level interventions. More interestingly, after Monarch exit, the policymakers applied a laissez faire strategy, which resulted in a 93.04% net loss of their level of traffic in Tenerife. However, after Thomas Cook exit, the policymakers intervened in the market proposing incentives to the incumbent airlines to cover the loss. It resulted in a 34.72% net loss of Thomas Cook level of traffic. Moreover, …


The Effect Of Google Fiber On Incumbents' Average Broadband Speed, Erick J. Solis May 2023

The Effect Of Google Fiber On Incumbents' Average Broadband Speed, Erick J. Solis

Theses and Dissertations

Broadband speeds have important effects on firms and households. Using data from the FCC ``Form 477" database, the Census Planning database, and Google's solicitation to communities interested in high-speed internet (Google Fiber RFI), I estimate the effect of Google Fiber rollout on internet download speeds offered by incumbent firms to consumers. I implement a difference-in-difference approach using census Metropolitan Statistical Areas as my definition of a broadband market. My approach captures both the direct and spillover effects of Google Fiber rollout. My findings show that average incumbents’ speed is 20 percent higher in markets where Google Fiber entered; the results …


The Distributional Impacts Of Transportation Networks In China, Lin Ma, Tang Yang May 2023

The Distributional Impacts Of Transportation Networks In China, Lin Ma, Tang Yang

Research Collection School Of Economics

This paper evaluates the distributional impacts of transportation networks in China.We show that the quality of roads and railroads vary substantially over time and space, and ignoring these variations biases the estimates of travel time. To account for quality differences, we construct a new panel dataset and approximate quality using the design speed of roads and railroads that varies by vintage, class, and terrain at the pixel level. We then build a dynamic spatial general equilibrium model that allows for multiple modes and routes of transportation and forward-looking migration decision.We find aggregate welfare gain and less spatial income inequality led …


Esg Reporting And Its Effect On Financial Performance Of Oil, Gas, And Utility Companies In The United States, Logan Lam Apr 2023

Esg Reporting And Its Effect On Financial Performance Of Oil, Gas, And Utility Companies In The United States, Logan Lam

Honors Theses

According to the Harvard Business Review article ESG Investing Isn’t Designed to Save the Plant (Pucker and King 2022), the term ESG investments – which stands for environmental, social, and governance investing – often confuses investors because it is unregulated. Additionally, the author continued to claim that the data is outdated and mostly unaudited. Even if data on these investments is available to investors, it can still be challenging for them to make decisions regarding ESG. Trusting compatibility and accuracy can be difficult considering that companies can choose how to produce or calculate their own ESG data. Another claim that …


The Economics Of Information And Communication Technologies In Our Society, Augusto Espin Apr 2023

The Economics Of Information And Communication Technologies In Our Society, Augusto Espin

Doctoral Dissertations

Information and Communication Technologies (ICTs) play a fundamental role in today's society. As ICTs they become more mature and widely adopted, societies become more dependent on their use to operationalize daily activities. However, there are multiple societal impacts of ICTs that are not yet well understood. In this dissertation, I explore three different aspects of ICTs that have been widely discussed by media and industry during recent years. I analyze these topics from an economic perspective, contributing to the debate with rigorous modeling and the ensuing discussion of its implications. First, I study the impact that the COVID-19 pandemic had …


The Occupy Movement: More Than Just A Movement, Logan O'Brien Apr 2023

The Occupy Movement: More Than Just A Movement, Logan O'Brien

Sociology 323 Racial and Ethnic Relations

A look into the Occupy Movement from the early 2000s.


On The State Of Academic Journals And The Value Of Jnams, Michael E. Dobbs Mar 2023

On The State Of Academic Journals And The Value Of Jnams, Michael E. Dobbs

Journal of the North American Management Society

No abstract provided.


From Strategic Emerging Industries To Future Industries: New Directions, New Problems And New Ideas, Jiaofeng Pan, Xiaoming Wang, Junbo Xue, Hua Shen Mar 2023

From Strategic Emerging Industries To Future Industries: New Directions, New Problems And New Ideas, Jiaofeng Pan, Xiaoming Wang, Junbo Xue, Hua Shen

Bulletin of Chinese Academy of Sciences (Chinese Version)

The development from strategic emerging industries to future industries reflects the development trend of global science and technology frontier, and it is more a new need to build a new engine for industrial upgrading and build a new development pattern in China. In the process of gradual development and breeding of future industries, strategic emerging industries continue to open up new directions and expand new fields, while they also bring new problems and new requirements for original innovation, factor market and industrial ecology. Focusing on these new requirements and problems, this study puts forward policy recommendations, namely enhancing the original …


Pollution Control And Carbon Reduction In Whole Industrial Process: Method, Strategy And Scientific Basis, Hongbin Cao, He Zhao, Yuehong Zhao, Di Zhang Feb 2023

Pollution Control And Carbon Reduction In Whole Industrial Process: Method, Strategy And Scientific Basis, Hongbin Cao, He Zhao, Yuehong Zhao, Di Zhang

Bulletin of Chinese Academy of Sciences (Chinese Version)

As China's environmental protection emission standards are becoming stricter and industrial parks are taking shape, problems such as the lack of stable cooperative treatment technology for toxic pollutants and carbon emission reduction, and the high control cost seriously restrict the sustainable development of economic society and the realization of the strategic goal of carbon emission reduction. Guided by the major environmental protection demand of industries, this study put forward the method, strategy and scientific basis of "Synergistic reduce pollution and carbon in the whole process of industry". Through the coordination of control methods, cross-media, multi-field and multi-factor modeling optimization, the …


影視業勞工狀況中期研究報告2023, 嶺南大學政策研究院, 嶺南大學文化研究及發展中心, 嶺南大學「青年貧窮與就業」研究團隊, 鄧立賢, 蔡美琦, 楊皓鋮, 梁仕池, 潘毅 Jan 2023

影視業勞工狀況中期研究報告2023, 嶺南大學政策研究院, 嶺南大學文化研究及發展中心, 嶺南大學「青年貧窮與就業」研究團隊, 鄧立賢, 蔡美琦, 楊皓鋮, 梁仕池, 潘毅

CCRD Research Report

文化及創意產業是近年香港政府重點發展的產業,銳意將香港打造成「中外文化藝術交流中心」。然而文化及創意產業行內的運作模式、勞動條件和文化卻鮮有被研究。近期,業內發生了幾宗轟動的工業意外,備受社會關注。此外,媒體不時報導從業員被「拖糧」、長時間超時工作、行業前景受限等,反映需要深入研究創意產業勞工的工作狀態。在眾多的創意產業行業中,影視業的從業員人數較多,每年亦有大量畢業生投入市場,因此本研究報告集中討論影視行業的狀況。我們在今年四月至八月透過訪談接觸了30位從業員,訪問他們的入行經歷、勞動狀態、待遇等問題。另外在六月至八月,我們利用問卷調查了123名從業員,主要收集他們的接案協議及酬勞、工時及勞動強度、職業安全等數據。

研究發現

外判制度導致影視業工作普遍零散化、延遲支付酬勞(即「拖糧」)情況常見。問卷顯示,有42.3%回覆者表示在現時或上一份工作,開工前僅前有口頭或訊息協議,14.6%回覆者則在開工前沒有任何形式的協議。影視業的外判制度其來有自,經歷九十年代港產製作大幅萎縮,投資商須緊縮成本製作預算,改以承包及自由工作方式聘用勞工,導致從業員缺乏正式僱傭關係和相關勞工保障。零散化的勞動模式亦造成普遍的不合理待遇,包括「拖糧」、欠缺清晰的工作協議、內容修改和工時安排等。

影視業從業員的勞動強度普遍較高,過勞和工傷普遍,但甚少有適當處理。超過六成回覆者表示「頗多」或「經常」連續兩天工作12小時以上;76.4%回覆者表示試過或目睹工傷,不過,只有11.7%回覆者表示有向勞工處呈報工傷。

政策倡議

訂立從業員基本待遇守則。影視業應制訂標準合約以保障從業員的基本權益,包括明確的酬勞支付方式、日期、付款分期,以及具體的休息時間規定。在盡量減低各持份者的行政成本下,標準合約讓自由工作者享有合理保障。行業亦應規範每組拍攝之間的最短休息時間及每週休息日。政府應負起帶頭責任,規定受資助團體或個人必須以不亞於行業標準合約的待遇聘請製作人員。

訂立工業安全指引。業界組織、勞工團體和勞工處應盡快共同制定工業安全指引。勞工處應研究拍攝場地的安全隱患,參考現行法例和工作守則,製作適用的宣傳材料和訓練課程。確立工作守則後,勞工處可研究不同執法的可行性,例如要求呈報拍攝現場、巡查、鼓勵舉報不安全的拍攝環境等。勞工處應審視勞工法例,研究同時保障僱員、日薪從業員、自由工作者的工傷補償。另外,勞工處應積極研究將中暑和過勞納入工傷保障範圍。

政府須完善對影視業的資助。政府應完善電影發展資助階梯,並鼓勵影視製作人擴展到不同平台,開拓市場。同時須增加畢業生支援,並聯同業界和學界,研究影視製作的區域分工及香港影視界的比較優勢,並按此推行相關的教育、人才培訓和資助計劃,使香港影視業能在區域分工中突圍而出。


Reality Tv’S Place In The Entertainment Landscape: A Look Into The State Of Contemporary Media Costs, Lila Rose Beckford Hoge Jan 2023

Reality Tv’S Place In The Entertainment Landscape: A Look Into The State Of Contemporary Media Costs, Lila Rose Beckford Hoge

Scripps Senior Theses

Previous literature has confirmed that reality television is less expensive to produce than scripted. This paper investigates both how production costs have developed overall, and how and why they differ between the two genres of scripted and unscripted television. After interviewing professionals in the industry, the results shed light on how the production processes have key differences, perhaps most important being the writer’s presence or lack thereof. The results expose reality television’s function in streaming platforms as retainment content. Streaming platforms are also examined as a catalyst for change in the industry’s landscape, bringing many disruptions along with them. Ad-based …


Assessing The Impact Of Financial Obstacles On Manufacturing Firm's Capacity Utilization: Bayesian Approach, Arab Dahir Hassan, Razim Ozcan Jan 2023

Assessing The Impact Of Financial Obstacles On Manufacturing Firm's Capacity Utilization: Bayesian Approach, Arab Dahir Hassan, Razim Ozcan

The Indonesian Capital Market Review

This study aims to investigate the relationship between financial obstacles and the capacity utilization of manufacturing firms. This study departs from previous studies in the literature by employing Bayesian linear regression analysis. The results demonstrate that financial constraints have a considerable negative effect on the capacity utilization of manufacturing enterprises, but access to credit lines has a positive effect. The sample consists of 1,494 private manufacturing firms in 31 Europe & Central Asian countries. Financial obstacles were perceived as the major impediment to business operations by 65% of the enterprises in the survey. Furthermore, 52% of enterprises in the sample …


R&D Subsidies In Permissive And Restrictive Environment: Evidence From Korea, Yumi Koh, Gea M. Lee Jan 2023

R&D Subsidies In Permissive And Restrictive Environment: Evidence From Korea, Yumi Koh, Gea M. Lee

Research Collection School Of Economics

This paper investigates the extent to which a regulatory environment for R&D subsidies shapes the magnitude and direction of R&D subsidies set by a government and consequent innovation paths. When the WTO adopted a permissive regulatory environment, we find that the Korean government increased R&D subsidies significantly (89.21%) and selectively so for firms and industries with higher returns. Recipient firms conducted less basic research and more development research. Improvements in innovations were mostly incremental and minor. However, such changes did not persist once the WTO switched to a restrictive regulatory environment. Our findings show that the regulatory environment imposed by …


Retail Pharmacies And Drug Diversion During The Opioid Epidemic, Aljoscha Janssen, Xuan Zhang Jan 2023

Retail Pharmacies And Drug Diversion During The Opioid Epidemic, Aljoscha Janssen, Xuan Zhang

Research Collection School Of Economics

This study investigates the role of retail pharmacy ownership in the opioid epidemic. Using data of prescription opioid orders, we show that compared with chain pharmacies, independent pharmacies dispense 39.1% more opioids and 60.5% more OxyContin. After an independent pharmacy becomes a chain pharmacy, opioid dispensing decreases. Using the OxyContin reformulation, which reduced non-medical demand but not the legitimate medical demand, we show that at least a third of the difference in the amount of OxyContin dispensed can be attributed to non-medical demand. We show that differences in competitive pressure and whether pharmacists own the pharmacy drive our estimates.


Evaluating The Effect Of Nil Laws On College Athletic Department Revenue, Dylan C. Cherullo Jan 2023

Evaluating The Effect Of Nil Laws On College Athletic Department Revenue, Dylan C. Cherullo

Undergraduate Theses, Professional Papers, and Capstone Artifacts

This paper examines the impact of Name, Image, and Likeness (NIL) laws on revenue for public Division I universities' athletic departments, challenging the long-standing debate within the National Collegiate Athletics Association (NCAA). Utilizing panel data from the Knight Commission on College Athletics, which encompasses over 350 public Division I universities from 2002 to 2021, this study employs a difference-in-differences model. The model investigates state-level changes in university athletic department revenue from sponsorships (sponsrev), with special focus on the post-NIL law era. The analysis is bolstered by controls for various factors including ESPN’s FPI data, coach and equipment expenditures, and COVID-19 …


The Future Of Enterprise Information Systems, Ali Sunyaev, Tobias Dehling, Susanne Strahringer, Li Da Xu, Martin Heinig, Michael Perscheid, Rainer Alt, Matti Rossi Jan 2023

The Future Of Enterprise Information Systems, Ali Sunyaev, Tobias Dehling, Susanne Strahringer, Li Da Xu, Martin Heinig, Michael Perscheid, Rainer Alt, Matti Rossi

Information Technology & Decision Sciences Faculty Publications

[First paragraph] Enterprise information systems (EIS) have been important enablers of crossfunctional processes within businesses since the 1990s. Often referred to as enterprise resource planning (ERP) systems, they were extended in line with electronic businesses to integrate with suppliers as well as customers. Today, EIS architectures comprise not only ERP, supply chain, and customer relationship management systems, but also business intelligence and analytics. Recently, the move towards decentralized technologies has created new perspectives for EIS. Information systems (IS) research has already addressed opportunities and challenges of these developments quite well, but what will be the pressing opportunities and challenges for …


Simulating The Impact Of Emissions Control On Economic Productivity Using Particle Systems And Puff Dispersion Model, Najam Khan Jan 2023

Simulating The Impact Of Emissions Control On Economic Productivity Using Particle Systems And Puff Dispersion Model, Najam Khan

Electronic Theses and Dissertations

A simulation platform is developed for quantifying the change in productivity of an economy under passive and active emission control mechanisms. The program uses object-oriented programming to code a collection of objects resembling typical stakeholders in an economy. These objects include firms, markets, transportation hubs, and boids which are distributed over a 2D surface. Firms are connected using a modified Prim’s Minimum spanning tree algorithm, followed by implementation of an all-pair shortest path Floyd Warshall algorithm for navigation purposes. Firms use a non-linear production function for transformation of land, labor, and capital inputs to finished product. A GA-Vehicle Routing Problem …