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2021

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Full-Text Articles in Other Economics

Economics Of Majoritarian Identity Politics, Rohit Ticku, Raghul S. Venkatesh Jun 2021

Economics Of Majoritarian Identity Politics, Rohit Ticku, Raghul S. Venkatesh

ESI Working Papers

Majoritarian identity politics has become salient in representative democracies. Why do parties engage in identity politics and what are its consequences? We present a model of electoral competition in which parties capture voter groups based on their identity, and compete over an economic policy platform for the support of non-partisan voters. In addition, the party that caters to majoritarian interests makes a costly investment in polarizing identity. The investment provides subsequent payoffs to voters who have a preference for identity. When voter preferences over policy platforms are idiosyncratic in nature, greater investment in polarizing identity (i) increases both parties’ rents …


Group-Identity And Long-Run Cooperation: An Experiment, Gabriele Camera, Lukas Hohl Jun 2021

Group-Identity And Long-Run Cooperation: An Experiment, Gabriele Camera, Lukas Hohl

ESI Working Papers

We stress-test the limits of the power of group identity in the context of cooperation by constructing laboratory economies where participants confront an indefinitely repeated social dilemma as strangers. Group identity is artificially induced by random assignment to color-coded groups, and reinforced by an initial cooperation task played in-group and in fixed pairs. Subsequently subjects interact in-group and out-group in large economies, as strangers. Indefinite repetition guarantees full cooperation is an equilibrium. Decision-makers can discriminate based on group affiliation, but cannot observe past behaviors. We find no evidence of group biases. This suggests that group effects are less likely to …


Creative Occupations And The Precipitating Factors Of Burnout, Natasha E. Koval Jun 2021

Creative Occupations And The Precipitating Factors Of Burnout, Natasha E. Koval

Honors Projects

Creativity is an intrinsic part of the human life; however, it is one of the most challenging concepts to be understood. In this paper, I am examining occupations driven by creativity, their economic significance, and how sustainable these occupations are for the creative employees. I will be particularly looking at burnout and its precipitating factors as a way to understand the wellness of the creative workforce. Creative occupations, if fostered properly, can lead to job growth, increased income, and potential for investment in vulnerable communities. This makes them valuable resources for urban economic development goals. Literature suggests that there is …


The Analysis Of Japanese Consumers’ Purchasing Behaviour Towards Single-Use Plastic Packaging., Yui Setojima Jun 2021

The Analysis Of Japanese Consumers’ Purchasing Behaviour Towards Single-Use Plastic Packaging., Yui Setojima

Business ETD Collections

In recent years, the concept of sustainability has been put into the spotlight due to greater concern of environmental issues. Plastic pollution is one of serious sustainability issues which governments are rushing into making new regulations to deal with. The Japanese government is struggling to manage Japan’s heavy use of plastics and Japanese organizations are being asked to take positive actions towards reducing the use of plastic through media coverage and public pressure. However, plastic pollution requires huge efforts not only from governments but also organizations, whether large or small, and all individuals on Earth. This research aims to investigate …


Classical Theory Of Competitive Market Price Formation, Sabiou M. Inoua, Vernon L. Smith Jun 2021

Classical Theory Of Competitive Market Price Formation, Sabiou M. Inoua, Vernon L. Smith

ESI Working Papers

We offer an information theory of market price formation, formalizing and elaborating on an old, implicit, classical tradition of supply and demand based on buyers’ and sellers’ mone-tary valuations of commodities (formally their reservation prices) and competition as a multilat-eral higgling and bargaining process. The early laboratory market experiments, as it turns out with hindsight, established the remarkable stability, efficiency, and robustness of the old view of competitive price discovery, and not the neoclassical price theory (based on individual utility and profit maximization for given prices). Herein, we present a partial-equilibrium version of the the-ory in which wealth is implicitly …


Budgetary Obstacles To Police Reform: The Case Of San Francisco, Hayden Anderson May 2021

Budgetary Obstacles To Police Reform: The Case Of San Francisco, Hayden Anderson

Master's Projects and Capstones

In response to the murder of George Floyd in May 2020, the Black Lives Matter movement issued a statement calling on cities to Defund the Police. The event sparked a nationwide reckoning that has reshaped the narratives and strategies for remedying the racial bias and police brutality apparent in the criminal justice system. The shift in police reform efforts embraces notions guiding police budgeting decisions. Today's advocates are transforming their approach to police reform to include budgeting decisions by promoting a municipal practice known as police budget reform. This Capstone explores the feasibility of successful police budget reform under current …


Police Union Membership And Lethal Use Of Force, Scott Barger May 2021

Police Union Membership And Lethal Use Of Force, Scott Barger

Master's Theses

I examine the Fraternal Order of Police union presence in cities as an explanation for the lethal use of violence. Using a novel dataset of FOP union presence, I utilize a simple log OLS linear model to explore the relationships between FOP unions and lethal use of force. I find robust evidence that FOP unions have higher incidences of death at the hands of police, compared to cities without a FOP union. Exposure to FOP leads to an increase in baseline risk of death by police by 17%. This effect increases for larger cities.


The Happiness Study: Identifying Social And Economic That Make The U.S. Happier, Tatum Garrison May 2021

The Happiness Study: Identifying Social And Economic That Make The U.S. Happier, Tatum Garrison

Undergraduate Honors Theses

As happiness is essential to overall well-being, understanding factors that affect it will inform policies designed to maximize people’s happiness within each state. This will have broad implications for economic research and policy. The wealth and general population income of a state determines an initial level of individual happiness. However, once a level of wealth is achieved, individual happiness does not increase proportionally. This paper examines the relationship of a state’s happiness, measured by computing a score based on an individual's health, wellbeing, and work environment, with economic factors such as GDP and median household income, and social factors including …


Do Wealth And Inequality Associate With Health In A Small-Scale Subsistence Society?, Adrian V. Jaeggi, Aaron D. Blackwell, Christopher Von Rueden, Benjamin C. Trumble, Jonathan Stieglitz, Angela R. Garcia, Thomas S. Kraft, Bret A. Beheim, Paul L. Hooper, Hillard Kaplan, Michael Gurven May 2021

Do Wealth And Inequality Associate With Health In A Small-Scale Subsistence Society?, Adrian V. Jaeggi, Aaron D. Blackwell, Christopher Von Rueden, Benjamin C. Trumble, Jonathan Stieglitz, Angela R. Garcia, Thomas S. Kraft, Bret A. Beheim, Paul L. Hooper, Hillard Kaplan, Michael Gurven

ESI Publications

In high-income countries, one’s relative socio-economic position and economic inequality may affect health and well-being, arguably via psychosocial stress. We tested this in a small-scale subsistence society, the Tsimane, by associating relative household wealth (n = 871) and community-level wealth inequality (n = 40, Gini = 0.15–0.53) with a range of psychological variables, stressors, and health outcomes (depressive symptoms [n = 670], social conflicts [n = 401], non-social problems [n = 398], social support [n = 399], cortisol [n = 811], body mass index [n = 9,926], blood pressure [n = 3,195], self-rated health [n = 2523], morbidities [n = …


Big Five Personality Traits And Political Orientation: An Inquiry Into Political Beliefs, Ian E. Phillips May 2021

Big Five Personality Traits And Political Orientation: An Inquiry Into Political Beliefs, Ian E. Phillips

The Downtown Review: An Interdisciplinary Journal Written and Peer-Reviewed by Mandel Honors College Students at Cleveland State University

Personality research centered on the Big Five personality traits has heavily impacted our understanding in regards to what forces orient a person on a political spectrum. Examining how personality differences interact with political orientation, this research seeks to provide information on what makes someone either more or less likely to be liberal or conservative based on their temperament. In this paper, previous personality research is synthesized into one discussion, centered on what the effects of each trait are and how they impact political orientation, the heritability of personality, and what implications there are for such research in the realm of …


An Analysis Of The Factors That Influence Success Rates Of Honors College Students, Braden Bateman May 2021

An Analysis Of The Factors That Influence Success Rates Of Honors College Students, Braden Bateman

Agricultural Economics and Agribusiness Undergraduate Honors Theses

University honors programs provide students with challenging yet rewarding opportunities. Pursuing honors often offers students opportunities (such as access to uique coursework or specialized mentorship) that are not available to the general student popultion. However, honors programs also hold students to more or higher educational milestones in order to graduate with honors. Data from the University of Araksas Fayetteville (UAF) suggest students who start in honors as new freshmen typically graduate at rates much higher than students who were not honors freshmen. However, the percentage of those honors freshmen who complete their honors requirements is much lower than those who …


The Cost Of Crime: A Study On Human Trafficking, Kirsten Krug May 2021

The Cost Of Crime: A Study On Human Trafficking, Kirsten Krug

Applied Economics Theses

Human trafficking is a billion dollar industry that impacts hundreds of thousands of individuals each year. Each year the United States alone spends millions of dollars on law enforcement programs designated to combat human trafficking.

This thesis examines the impact of those programs as deterrents for individuals who are willing to commit this type of violent crime, as well as why they might commit crime in the first place. In addition to providing an economic analysis of the impact of arrest and jail as deterrents on trafficking, the thesis will also look into what may cause an individual to fall …


Mental Illness Economics In The United States: A Comparison With Foreign Countries, Christopher Odum May 2021

Mental Illness Economics In The United States: A Comparison With Foreign Countries, Christopher Odum

Economics Undergraduate Honors Theses

In 2018, suicide was the tenth leading cause of death in the United States, claiming the lives of over forty-eight thousand people.1 Globally, eight-hundred thousand people die from suicide every year, which is twice the number from homicide.2 For years, there has been a stigma around mental illness causing it to be a taboo topic, but recently there has been more of a focus and acceptance in our society. Along with the stigma, throughout most of history there has not been a focus on innovating and curing mental health diseases. In many cases, these diseases left unchecked lead to irrational …


The Effects Of Religiosity On Gender-Differentiated Household Decision-Making In Indonesia, Juliann Phillips May 2021

The Effects Of Religiosity On Gender-Differentiated Household Decision-Making In Indonesia, Juliann Phillips

Economics Undergraduate Honors Theses

Religion is a dominant influence in household decision-making and is an important factor in understanding intra-household bargaining power, especially within developing countries. It is important to understand the extent to which religious beliefs affect decisions made within the household when designing interventions to improve women’s agency. This paper examines the fourth wave of the Indonesia Family Life Survey using the difference-in-differences method to analyze the impact of Islamic religiosity on the likelihood of allowing women within the household to make certain decisions in eight critical categories. While stereotypical beliefs may negatively correlate women’s bargaining power and high levels of religiosity …


Trustors’ Disregard For Trustees Deciding Intuitively Or Reflectively: Three Experiments On Time Constraints, Antonio Cabrales, Antonio M. Espín, Praveen Kujal, Stephen Rassenti May 2021

Trustors’ Disregard For Trustees Deciding Intuitively Or Reflectively: Three Experiments On Time Constraints, Antonio Cabrales, Antonio M. Espín, Praveen Kujal, Stephen Rassenti

ESI Working Papers

Human decisions in the social domain are modulated by the interaction between intuitive and reflective processes. Requiring individuals to decide quickly or slowly triggers these processes and is thus likely to elicit different social behaviors. Meanwhile, time pressure has been associated with inefficiency in market settings and market regulation often requires individuals to delay their decisions via cooling-off periods. Yet, recent research suggests that people who make reflective decisions are met with distrust. If this extends to external time constraints, then forcing individuals to delay their decisions may be counterproductive in scenarios where trust considerations are important. In three Trust …


Standard Vs Random Dictator Games: On The Effects Of Role Uncertainty And Framing On Generosity, Ernesto Mesa-Vázquez, Ismael Rodriguez-Lara, Amparo Urbano May 2021

Standard Vs Random Dictator Games: On The Effects Of Role Uncertainty And Framing On Generosity, Ernesto Mesa-Vázquez, Ismael Rodriguez-Lara, Amparo Urbano

ESI Working Papers

We show that generosity is affected when we vary the level of role uncertainty, i.e., the probability that the dictator’s decision will be implemented. We also show that framing matters for generosity in that subjects are less generous when they are told that their choices will be implemented with a certain probability, compared with a setting in which they are told that their choices will not be implemented with certain probability.


Using Immersive Data Visualization To Highlight Changing Travel Patterns In Maine Due To Covid 19, Colleen Metcalf, Charlotte Aucoin Apr 2021

Using Immersive Data Visualization To Highlight Changing Travel Patterns In Maine Due To Covid 19, Colleen Metcalf, Charlotte Aucoin

Thinking Matters Symposium

The impacts of COVID 19 are of top concern to tourism policy makers and stakeholders across Maine, as tourism plays a vital role in the state’s economy. This project shows the value of the Storymap to present, in an accessible and visually appealing way, the continuing research on how volunteered geographic information from social media can track changes in tourist’s movement and spending in Maine. The metadata from Flickr photos was used to examine where visitors spent time in the summer of 2020, revealing new patterns of tourism activity due to Covid-19 travel restrictions. In addition, we incorporate the results …


Mapping The Cash Waqf Literature Based On Web Of Science And Vosviewer: A Bibliometric And Visualization, Sri Yayu Ninglasari Apr 2021

Mapping The Cash Waqf Literature Based On Web Of Science And Vosviewer: A Bibliometric And Visualization, Sri Yayu Ninglasari

Library Philosophy and Practice (e-journal)

This study aims to systematically explore and cluster by mapping and visualizing the cash waqf research literature to serve basis for future research. A system mapping research (SMS) was employed with bibliometric analysis using VOSviewer based on Web of Science data from 1979 to April 2021. This study visualized patterns of the co-occurrence of keywords, co-citation relationships, and citations of documents. We show the literature's influential aspects, such as the number of publications per year, countries, institutions, journals, authors, and topics. The review of cash waqf research comprises 46 publications by 107 authors affiliated with 32 organizations in 9 countries, …


A Comparative Analysis Of Bohemian And Irish Immigration During The Antebellum Period, Emily Suchan Apr 2021

A Comparative Analysis Of Bohemian And Irish Immigration During The Antebellum Period, Emily Suchan

Honors Projects

Compare and Contrast the immigration experience of an Irish and Bohemian (Czech) immigrant. This essay describes the history of both regions and analyzes the political and economic stressors for immigration during the second half of the nineteenth century. This essay specifically follows the Irish Famine immigrants and the Czechs who settled in Cleveland, OH


Legalized Same-Sex Marriage And Coming Out In America: Evidence From Catholic Seminaries, Avner Seror, Rohit Ticku Apr 2021

Legalized Same-Sex Marriage And Coming Out In America: Evidence From Catholic Seminaries, Avner Seror, Rohit Ticku

ESI Working Papers

We study the effect of legalization of same-sex marriage on coming out in the United States. We overcome data limitations by inferring coming out decisions through a revealed preference mechanism. We exploit data on enrollment in seminary studies for the Catholic priesthood, hypothesizing that Catholic priests' vow of celibacy may lead gay men to self-select as a way to avoid a heterosexual lifestyle. Using a differences-in-differences design that exploits variation in the timing of legalization across states, we find that city-level enrollment in priestly studies fell by about 15% exclusively in states adopting the reform. The celibacy norm appears to …


An Investigation Of Health Insurance Policy And Behavior In A Virtual Environment, J. Dustin Tracy, Kevin A. James, Hillard Kaplan, Stephen Rassenti Apr 2021

An Investigation Of Health Insurance Policy And Behavior In A Virtual Environment, J. Dustin Tracy, Kevin A. James, Hillard Kaplan, Stephen Rassenti

ESI Publications

We introduce a new experimental approach to measuring the effects of health insurance policy alternatives on behavior and health outcomes over the life course. In a virtual environment with multi-period lives, subjects earn virtual income and allocate spending, to maximize utility, which is converted into cash payment. We compare behavior across age, income and insurance plans—one priced according to an individual’s expected cost and the other uniformly priced through employer-implemented cost sharing. We find that 1) subjects in the employer-implemented plan purchased insurance at higher rates; 2) the employer-based plan reduced differences due to income and age; 3) subjects in …


Nebraska Recovers From The Pandemic Economy, Eric Thompson Apr 2021

Nebraska Recovers From The Pandemic Economy, Eric Thompson

Business in Nebraska

The COVID-19 Pandemic threw the United States economy into a severe and sharp recession during the first half of 2020. A combination of government “shutdown” restrictions and private actions led to a particularly severe decline in economic activity in late March and April. The lifting or reduction of government restrictions across the United States led to a fast recovery in subsequent months, especially as businesses and consumers learned to adapt to their new operating conditions. However, the rate of recovery has slowed recently as the spread of Covid-19 has accelerated and many businesses have curtailed travel, maintained “work from home” …


The Influence Of Food Recommendations: Evidence From A Randomized Field Experiment, Kamal Bookwala, Caleb Gallemore, Joaquín Gómez-Miñambres Mar 2021

The Influence Of Food Recommendations: Evidence From A Randomized Field Experiment, Kamal Bookwala, Caleb Gallemore, Joaquín Gómez-Miñambres

ESI Working Papers

We report results from a randomized field experiment conducted at two food festivals. Our primary aim is to assess the impact of two types of recommendations commonly observed in food settings: most popular and chef’s choice. Subjects select a cupcake from a binary menu. The two options, offered by the same bakery, are the best seller in the bakery and the baker’s recommended cupcake. Our treatments manipulate whether the recommendation is disclosed in tandem with the cupcakes in the menu. We find that the most popular is the only recommendation that statistically significantly increased consumers’ demand relative to …


Very Low Prevalence And Incidence Of Atrial Fibrillation Among Bolivian Forager-Farmers, Christopher J. Rowan, Michael A. Eskander, Edmond Seabright, Daniel Eid Rodriguez, Edhitt Cortez Linares, Raul Quispe Gutierrez, Juan Copajira Adrian, Daniel Cummings, Bret Beheim, Kirsten Tolstrup, Abinash Achrekar, Thomas Kraft, David E. Michalik, Michael I. Miyamoto, Adel H. Allam, L. Samuel Wann, Jagat Narula, Benjamin C. Trumble, Jonathan Stieglitz, Randall C. Thompson, Gregory S. Thomas, Hillard S. Kaplan, Michael D. Gurven Feb 2021

Very Low Prevalence And Incidence Of Atrial Fibrillation Among Bolivian Forager-Farmers, Christopher J. Rowan, Michael A. Eskander, Edmond Seabright, Daniel Eid Rodriguez, Edhitt Cortez Linares, Raul Quispe Gutierrez, Juan Copajira Adrian, Daniel Cummings, Bret Beheim, Kirsten Tolstrup, Abinash Achrekar, Thomas Kraft, David E. Michalik, Michael I. Miyamoto, Adel H. Allam, L. Samuel Wann, Jagat Narula, Benjamin C. Trumble, Jonathan Stieglitz, Randall C. Thompson, Gregory S. Thomas, Hillard S. Kaplan, Michael D. Gurven

ESI Publications

Background: Atrial fibrillation is the most common arrhythmia in post-industrialized populations. Older age, hypertension, obesity, chronic inflammation, and diabetes are significant atrial fibrillation risk factors, suggesting that modern urban environments may promote atrial fibrillation.

Objective: Here we assess atrial fibrillation prevalence and incidence among tropical horticulturalists of the Bolivian Amazon with high levels of physical activity, a lean diet, and minimal coronary atherosclerosis, but also high infectious disease burden and associated inflammation.

Methods: Between 2005–2019, 1314 Tsimane aged 40–94 years (52% female) and 534 Moseten Amerindians aged 40–89 years (50% female) underwent resting 12-lead electrocardiograms to assess atrial fibrillation prevalence. …


Negative Shocks Predict Change In Cognitive Function And Preferences: Assessing The Negative Affect And Stress Hypothesis, Francesco Bogliacino, Cristiano Codagnone, Felipe Montealegre, Frans Folkvord, Camilo Gómez, Rafael Charris, Giovanni Liva, Francisco Lupiáñez-Villanueva, Giuseppe A. Veltri Feb 2021

Negative Shocks Predict Change In Cognitive Function And Preferences: Assessing The Negative Affect And Stress Hypothesis, Francesco Bogliacino, Cristiano Codagnone, Felipe Montealegre, Frans Folkvord, Camilo Gómez, Rafael Charris, Giovanni Liva, Francisco Lupiáñez-Villanueva, Giuseppe A. Veltri

ESI Publications

In the context of the current COVID-19 pandemic, households throughout the world have to cope with negative shocks. Previous research has shown that negative shocks impair cognitive function and change risk, time and social preferences. In this study, we analyze the results of a longitudinal multi-country survey conducted in Italy (N = 1652), Spain (N = 1660) and the United Kingdom (N = 1578). We measure cognitive function using the Cognitive Reflection Test and preferences traits (risk, time and social preferences) using an experimentally validated set of questions to assess the differences between people exposed to a shock compared to …


Measuring Heterogeneous Preferences For Residential Amenities, Arthur J. Caplan, Sherzod B. Akhundjanov, Kristopher Toll Feb 2021

Measuring Heterogeneous Preferences For Residential Amenities, Arthur J. Caplan, Sherzod B. Akhundjanov, Kristopher Toll

Applied Economics Faculty Publications

This study reports on estimates of heterogeneous preferences for residential amenities among households in the Mountain West region of the US. The estimates are derived from a choice experiment funded by the Utah Department of Transportation and Utah Transit Authority—an experiment based upon large samples of both homeowners and renters who participated in a larger, statewide transportation study. The choice experiment and transportation study allow us to control for a rich set of household-level demographic and lifestyle characteristics, which in turn permits identification of a host of factors contributing to heterogeneity in residential preferences. We leverage a percentage-change housing cost …


Nebraska Corn Basis Response To Economic Shutdown, Austin Harthoorn, Cory Walters, Jessica J. Groskopf Feb 2021

Nebraska Corn Basis Response To Economic Shutdown, Austin Harthoorn, Cory Walters, Jessica J. Groskopf

Extension Farm and Ranch Management News

The objective of this article is to evaluate how Nebraska corn basis evolved through this past year’s economic events. We hope growers update their commodity price marketing decision framework as this past year exposed levels prices can reach — an important factor to consider when farm survival is on the line.


A Class Of N-Player Colonel Blotto Games With Multidimensional Private Information, Christian Ewerhart, Dan Kovenock Feb 2021

A Class Of N-Player Colonel Blotto Games With Multidimensional Private Information, Christian Ewerhart, Dan Kovenock

ESI Working Papers

In this paper, we study N-player Colonel Blotto games with incomplete information about battlefield valuations. Such games arise in job markets, research and development, electoral competition, security analysis, and conflict resolution. For M ≥ N + 1 battlefields, we identify a Bayes-Nash equilibrium in which the resource allocation to a given battlefield is strictly monotone in the valuation of that battlefield. We also explore extensions such as heterogeneous budgets, the case M ≤ N, full-support type distributions, and network games.


Economics Students: Self-Selected In Preferences And Indoctrinated In Beliefs, Antonio M. Espín, Manuel Correa, Alberto Ruiz-Villaverde Feb 2021

Economics Students: Self-Selected In Preferences And Indoctrinated In Beliefs, Antonio M. Espín, Manuel Correa, Alberto Ruiz-Villaverde

ESI Working Papers

There is much debate as to why economics students display more self-interested behavior than other students: whether homo economicus self-select into economics or students are instead “indoctrinated” by economics learning, and whether these effects impact on preferences or beliefs about others’ behavior. Using a classroom survey (n>500) with novel behavioral questions we show that, compared to students in other majors, econ students report being: (i) more self-interested (in particular, less compassionate or averse to advantageous inequality) already in the first year and the difference remains among more senior students; (ii) more likely to think that people will be unwilling …


Institutions And Opportunistic Behavior: Experimental Evidence, Antonio Cabrales, Irma Clots-Figueras, Roberto Hernán-González, Praveen Kujal Feb 2021

Institutions And Opportunistic Behavior: Experimental Evidence, Antonio Cabrales, Irma Clots-Figueras, Roberto Hernán-González, Praveen Kujal

ESI Working Papers

Risk mitigating institutions have long been used by societies to protect against opportunistic behavior. We know little about how they are demanded, who demands them or how they impact subsequent behavior. To study these questions, we run a large-scale online experiment where insurance can be purchased to safeguard against opportunistic behavior. We compare two different selection mechanisms for risk mitigation, the individual and the collective (voting). We find that, whether individual or collective, there is demand for riskmitigating institutions amongst high-opportunism individuals, while low-opportunism individuals demand lesser levels of insurance. However, high-opportunism individuals strategically demand lower insurance institutions when they …