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2012

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Articles 31 - 46 of 46

Full-Text Articles in Other Economics

Correlation Between Economic Factors And High-Technology Export In Asia-Pacific Nations, Jiyan Hu Jan 2012

Correlation Between Economic Factors And High-Technology Export In Asia-Pacific Nations, Jiyan Hu

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the correlation between high-tech exports in Asian-Pacific nations and the economic effects in term of economic growth. Some economic factors will be highlighted in this paper, such as foreign direct investment inflow, R&D expenditure, country openness as well as gross saving. The model will explain some economic factors are the key to determinant the volume of the high-tech export in Asian-Pacific nations. In order to understand the model and interpretation of each factor, high-tech export per worker will be targeted as a dependent variable. This paper will include data from 1997 to 2007 and it will be …


How Consumer Sentiment Affects Personal Consumption, Gregory Hughes Jan 2012

How Consumer Sentiment Affects Personal Consumption, Gregory Hughes

Empirical Economic Bulletin, An Undergraduate Journal

This paper investigates the relationship between consumer confidence and major economic indicators as it relates to the United States after the financial crisis of 2008. This study reveals the effect consumer sentiment has on economic forecasting as it relates to personal consumption. Macro level data used to indicate future economic performance is lacking without the inclusion of consumer confidence levels.


Does Money Matter? An Empirical Analysis On The Effects Of Campaign Financing In Recent Senatorial Elections, Joseph Cunningham Jan 2012

Does Money Matter? An Empirical Analysis On The Effects Of Campaign Financing In Recent Senatorial Elections, Joseph Cunningham

Empirical Economic Bulletin, An Undergraduate Journal

This empirical analysis quantifies political science variables and tests to see if the sources of campaign finance money matters and ultimately determines the most important factors affecting a candidate’s chances of becoming elected. Using data from the 2004 and 2010 Senate elections, this paper tests the importance of a number of political science variables including party affiliation, sources of campaign financing, and incumbency, among others. The effects of the Citizens United Supreme Court decision and its democratic implications are also analyzed to see if money in politics weakens America’s democratic process. There are few studies in the field that are …


Tax Rates On Alcohol: Does It Affect Demand For Particular States?, Matthew Schoenewolf Jan 2012

Tax Rates On Alcohol: Does It Affect Demand For Particular States?, Matthew Schoenewolf

Empirical Economic Bulletin, An Undergraduate Journal

In this paper, different variables will be tested to figure out whether or not different levels of tax have a determinant on the consumption or demand for alcohol. The study will examine several variables including the sales taxes in each state, the different taxes on beer, wine and spirits, along with GDP per capita, death rates and whether or not there is an advertising ban in a particular state. The results from the research and tests performed focus on the factors that are closely correlated to the consumption of alcohol, with GDP per capita proving to be the most influential …


The Impact Of Defense Spending On Economic Growth In The United States, Nathaniel Harty Jan 2012

The Impact Of Defense Spending On Economic Growth In The United States, Nathaniel Harty

Empirical Economic Bulletin, An Undergraduate Journal

This paper addresses whether or not the United States’ government’s choice to cut defense spending is going to have a negative impact on economic growth, and therefore slow down the US recovery. This paper analyzes the findings during the last 70 years regarding defense spending and its effect on economic growth, through comparing that relationship between studies under various circumstances. It then goes into detail of the most recent data from the United States to see if there is a casual relationship between defense spending and economic growth. This paper will use the Granger Causality Method to test the significance …


Effect Of Nutrition Merchandising And Consumer Preferences On Willingness To Pay For Local Tomatoes And Strawberries In Kentucky And Ohio, Lyudmyla Kompaniyets Jan 2012

Effect Of Nutrition Merchandising And Consumer Preferences On Willingness To Pay For Local Tomatoes And Strawberries In Kentucky And Ohio, Lyudmyla Kompaniyets

Theses and Dissertations--Agricultural Economics

This project investigates the impacts of nutrition merchandising on consumers’ willingness to pay for local tomatoes and strawberries. The data come from survey of Kentucky and Ohio residents in June 2011. Two thousand one hundred twelve individuals from Kentucky and Ohio were surveyed, to find out the impact of selfawareness of health benefits and health benefits information on their willingness to pay. The consumers were offered one of the three survey versions. The versions varied by how much nutrition information was provided to the consumer related to both strawberries and tomatoes – otherwise identical. A had the most, B had …


Examining The Role Of Immigration In Crime Decline Across United States Cities, Brianna J. Losoya Jan 2012

Examining The Role Of Immigration In Crime Decline Across United States Cities, Brianna J. Losoya

CMC Senior Theses

Despite previous research in this area, the relationship between immigration and crime in the United States remains ambiguous and surrounded by misconceptions. However, recently, scholars have suggested that, despite the claims of policy-makers and popularized sociological theories, large immigrant concentrations may be linked with lower as opposed to higher crime rates. In the past, research in this area has been imprecise due to it its implementation of cross-sectional analyses for a limited selection of geographic regions. However, through the implementation of time-series procedures and the use of annual data for metropolitan statistical areas during the 2005–2010 periods, the present study …


The Evolution Of The Music Industry In The Post-Internet Era, Ashraf El Gamal Jan 2012

The Evolution Of The Music Industry In The Post-Internet Era, Ashraf El Gamal

CMC Senior Theses

The rise in the prevalence of the Internet has had a wide range of implications in nearly every industry. Within the music business, the turn of the millennium came with a unique, and difficult, set of challenges. While the majority of academic literature in the area focuses specifically on the aspect of file sharing within the Internet as it negatively impacts sales within the recording sector, this study aims to assess the Internet’s wider impacts on the broader music industry. In the same time that record sales have plummeted, the live music sector has thrived, potentially presenting alternative business models …


Buyer's Equilibrium With Capacity Constraints And Restricted Mobility: A Recursive Approach, Gabriele Camera, Jaehong Kim Jan 2012

Buyer's Equilibrium With Capacity Constraints And Restricted Mobility: A Recursive Approach, Gabriele Camera, Jaehong Kim

ESI Working Papers

We study a decentralized trading model as in Peters (1984), where heterogeneous market participants face a trade-o between price and trade probability. We present a novel proof of existence of a unique demand vector in Nash equilibrium, based on a recursive approach that exploits the monotonicity of matching functions.


Building And Rebuilding Trust With Promises And Apologies, Eric Schniter, Roman M. Sheremeta, Daniel Sznycer Jan 2012

Building And Rebuilding Trust With Promises And Apologies, Eric Schniter, Roman M. Sheremeta, Daniel Sznycer

ESI Working Papers

Using trust games, we study how promises and messages are used to build new trust where it did not previously exist and to rebuild damaged trust. In these games, trustees made non-binding promises of investment-contingent returns, then investors decided whether to invest, and finally trustees decided how much to return. After an unexpected second game was announced, but before it commenced, trustees could send a one-way message. This design allowed us to observe the endogenous emergence and natural distribution of trust-relevant behaviors and focus on naturally occurring remedial strategies used by promise-breakers and distrusted trustees, their effects on investors, and …


Too Many Cooks Spoil The Broth: How The Tragedy Of The Anticommons Emerges In Organizations, Matthew W. Mccarter, Shirli Kopelman, Thomas A. Turk, Candace Ybarra Jan 2012

Too Many Cooks Spoil The Broth: How The Tragedy Of The Anticommons Emerges In Organizations, Matthew W. Mccarter, Shirli Kopelman, Thomas A. Turk, Candace Ybarra

ESI Working Papers

In organizations, conflict often revolves around commons resources because they are critical for influence, performance, and organizational survival. Research on property rights, territoriality, and social dilemmas suggests that to reduce such conflict, organizations should facilitate the (psychological) privatization of commons resources. We complement these three literatures by drawing from the legal, organizational, and social psychology literatures to model how psychologically privatizing organizational commons resources – to prevent a tragedy of the commons (an overuse problem) – can lead to the emergence of equivalently problematic tragedy in organizations: the tragedy of the anticommons (an underuse problem). Our model contributes to these …


Experimental Evidence On The Properties Of The California’S Cap And Trade Price Containment Reserve, Rachel Bodsky, Domenic Donato, Kevin James, David Porter Jan 2012

Experimental Evidence On The Properties Of The California’S Cap And Trade Price Containment Reserve, Rachel Bodsky, Domenic Donato, Kevin James, David Porter

ESI Working Papers

We report on a series of experiments to examine the properties of California’s Reserve Sale allocation mechanism to be implemented as part of the forthcoming cap and trade program and compare it with an alternative reserve sale mechanism. The proposed reserve sale mechanism allows covered entities to purchase allowances after the primary auction sale at fixed prices. If demand for units is greater the amount supplied in the reserve sale, a Proportional Rationing rule is used to distribute allowances based on submitted request for units. This rule is contrasted with to an alternative rule, Equal Rationing in which allowances are …


Information Effects In Multi-Unit Dutch Auctions, Joy A. Buchanan, Steven Gjerstad, David Porter Jan 2012

Information Effects In Multi-Unit Dutch Auctions, Joy A. Buchanan, Steven Gjerstad, David Porter

ESI Working Papers

We design a multi-unit descending-price (Dutch) auction mechanism that has applications for resource allocation and pricing problems. We address specific auction design choices by theoretically and experimentally determining optimal information disclosure along two dimensions. Bidders are either informed of the number of bidders in the auction, or know that it is one of two possible sizes; they also either know the number of units remaining for sale or are unaware of how many units have been taken by other bidders. We find that revealing group size decreases bids, and therefore revenue, if units remaining are not shown. When group size …


Do Liars Believe? Beliefs And Other-Regarding Preferences In Sender-Receiver Games, Roman M. Sheremeta, Timothy W. Shields Jan 2012

Do Liars Believe? Beliefs And Other-Regarding Preferences In Sender-Receiver Games, Roman M. Sheremeta, Timothy W. Shields

ESI Working Papers

We examine subjects‟ behavior in sender-receiver games where there are gains from trade and alignment of interests in one of the two states. We elicit subjects‟ beliefs, risk and other-regarding preferences. Our design also allows us to examine the behavior of subjects in both roles, to determine whether the behavior in one role is the best response to the subject‟s own behavior in the other role. The results of the experiment indicate that 60 percent of senders adopt deceptive strategies by sending favorable message when the true state of the nature is unfavorable. Nevertheless, 67 percent of receivers invest conditional …


Are You A Good Employee Or Simply A Good Guy? Influence Costs And Contract Design, Brice Corgnet, Ismael Rodriguez-Lara Jan 2012

Are You A Good Employee Or Simply A Good Guy? Influence Costs And Contract Design, Brice Corgnet, Ismael Rodriguez-Lara

ESI Working Papers

We develop a principal–agent model with a moral hazard problem in which the principal has access to a hard signal (the level of output) and a soft behavioral signal (the supervision signal) about the agent's level of effort. In our model, the agent can initiate influence activities and manipulate the behavioral signal. These activities are costly for the principal as they detract the agent from the productive task. We show that the agent's ability to manipulate the behavioral signal leads to low-powered incentives and increases the cost of implementing the efficient equilibrium as a result. Interestingly, the fact that manipulation …


Why Do Corporations Donate? An Analysis Of Factors Affecting Corporate Philanthropy, Patrick Luensmann Jan 2012

Why Do Corporations Donate? An Analysis Of Factors Affecting Corporate Philanthropy, Patrick Luensmann

Honors Program Theses

The purpose is to determine the influence of measureable economic variables on corporate philanthropy among the top 30 American companies between 2007 and 2009. The significant variables in the model, with a 10% significance level, are Net Income, Assets, Financial Leverage, PE Ratio, and Profit Margin. The model can account for 87.41% of the change between the two years.