Patrilocal Exogamy As A Monitoring Mechanism: How Inheritance And Residence Patterns Co-Evolve,
2010
Singapore Management University
Patrilocal Exogamy As A Monitoring Mechanism: How Inheritance And Residence Patterns Co-Evolve, Brishti Guha
Research Collection School Of Economics
Economists have modeled inheritance norms assuming the pattern of post-marital residence is exogenous. We model the co-evolution of these two institutions, examining how patrilineal inheritance and patrilocal exogamy reinforced each other in a patrilineal-patrilocal equilibrium. We also derive conditions for a matrilineal-matrilocal equilibrium. The endogenous choice of the old to monitor the sexual behavior of the young women who reside with them, thereby affecting the paternity confidence of the young women’s husbands and hence their incentives, is crucial. Our model fits the data on the relationship between inheritance, residence patterns and paternity confidence, and on the importance of paternity uncertainty.
Advertising Collusion In Retail Markets,
2010
Stanford University
Advertising Collusion In Retail Markets, Kyle Bagwell, Gea M. Lee
Research Collection School Of Economics
We analyze non-price advertising by retail firms, when the firms are privately informed about their respective costs of production. In a static advertising game, an advertising equilibrium exists in which lower-cost firms select higher advertising levels. In this equilibrium, informed consumers rationally employ an advertising search rule in which they buy from the highest-advertising firm since lower-cost firms also select lower prices. In a repeated advertising game, colluding firms face a trade-off: the use of advertising can promote productive efficiency, but only if sufficient current or future advertising expenses are incurred. At one extreme, if firms pool at zero advertising, …
Investor Knowledge And Investment Barriers.,
2010
Universiti Malaya
Investor Knowledge And Investment Barriers., Steven Doman
Student Works (2010-2019)
The world of investing in the various products related to the stock and bond markets is confusing for many people. This is a problem since financial investments often represent a large portion of an individual’s personal assets. As regulators begin to search for answers about what caused the economic crisis of 2008-2009 and try to pass regulations that will prevent it from happening again, investors will continue to look to the products of investment firms to help accomplish their financial goals. Unfortunately for investors, many will continue to choose investments based on very limited personal knowledge. Investment firms will in …
Financial Illiteracy: Prevalence, Consequences, And Solutions,
2010
Portland State University
Financial Illiteracy: Prevalence, Consequences, And Solutions, Gerald Matasy
Economics Undergraduate Honors Theses
As Americans have become increasingly responsible for their own financial security their ability to make financial decisions in their best interests has certainly grown in importance. The focus of this paper is to determine what role financial literacy plays in making optimal financial decisions and maintaining economic stability. Using mostly research from other studies and some original research, this paper seeks to examine the level of financial literacy among the general population and what the implications are for the general lack of literacy. What I find is that individuals who have lower levels of financial literacy generally make poorer financial …
Getting Past 'Rational Man/Emotional Woman': Comments On Research Programs In Happiness Economics And Interpersonal Relations,
2010
University of Massachusetts Boston
Getting Past 'Rational Man/Emotional Woman': Comments On Research Programs In Happiness Economics And Interpersonal Relations, Julie A. Nelson
Economics Faculty Publication Series
Orthodox neoclassical economics portrays reason as far more important than emotion, autonomy as more characteristic of economic life than social connection, and, more generally, things culturally and cognitively associated with masculinity as more central than things associated with femininity. Research from contemporary neuroscience suggests that such biases are related to certain automatic processes in the brain, and feminist scholarship suggests ways of getting beyond them. The “happiness” and “interpersonal relations” economics research programs have made substantial progress in overcoming a number of these biases, bringing into consideration by economists a wide range of phenomena which were previously neglected. Analysis from …
The Economic Impact Of Medicaid Spending In Arkansas,
2010
University of Arkansas, Fayetteville
The Economic Impact Of Medicaid Spending In Arkansas, Katherine A. Deck, Viktoria Riiman
Publications and Presentations
Arkansas Medicaid is a joint federal and state program that provides necessary medical services to needy and low-income persons that is administered through the Arkansas Division of Medical Services at the Arkansas Department of Human Services. The Medicaid program is designed to provide the baseline health outcomes that are necessary for the state’s economy to function. The expenditures that are made through the Arkansas Medicaid program significantly affect the Arkansas economy. This report details the economic impacts of the direct expenditures of the Medicaid program on the Arkansas economy.
Applicant Screening And Performance-Related Outcomes,
2010
Singapore Management University
Applicant Screening And Performance-Related Outcomes, Fali Huang, Peter Cappelli
Research Collection School Of Economics
A fundamental problem faced by employers is how to elicit effort from employees. Most economic models suggest that employers meet this challenge by monitoring employees carefully to prevent shirking. But there is another option that relies on heterogeneity across employees, and that is to screen job candidates to find workers with a stronger work ethic who require less monitoring. We might therefore expect employers who screen candidates more intensively to monitor them less. Using data from a national sample of US employers, we find that employers who screen applicants more intensively for factors that should predict work ethic also monitor …
Major League Baseball: America’S Recession-Proof Pastime,
2010
Bryant University
Major League Baseball: America’S Recession-Proof Pastime, Mark Mcdonnell
Honors Projects in Finance
This project is a study which examines how attendance levels in Major League Baseball stadiums have been impacted by the current recession in the United States which began in October 2007. Research on attendance during past recessions has shown a strong relationship that during downtrends in the economy, baseball attendance levels generally do not suffer. Using an ordinary least squares regression, independent variables including; percent change in ticket price from previous season, distance to closest competitor, percent change in ticket price of the closest competitor, winning percentage during previous year, winning percentage during current year, unemployment rate during current year, …
Customer Loyalty And Lifetime Value: An Empirical Investigation Of Consumer Packaged Goods,
2010
Loyola University, Maryland
Customer Loyalty And Lifetime Value: An Empirical Investigation Of Consumer Packaged Goods, Jason Q. Zhang, Ashutosh Dixit, Roberto Friedmann
Marketing
It is traditionally accepted that customer loyalty is critical for a firm’s profitability. Recent research,however, questions the effects of customer loyalty on profitability. In light of this controversy, we examine the financial effects of customer loyalty using the framework of customer lifetime value (CLV). Our analysis reveals that in the area of consumer packaged goods, customer loyalty is positively associated with customer revenue and customer retention, both of which drive CLV. Thus, customer loyalty is indeed a predictor of long-term customer profitability to a firm. For marketers, customer loyalty continues to be a legitimate end goal to pursue in marketing …
The Green Revolution Of The 1960'S And Its Impact On Small Farmers In India,
2010
University of Nebraska-Lincoln
The Green Revolution Of The 1960'S And Its Impact On Small Farmers In India, Kathryn Sebby
Department of Environmental Studies: Undergraduate Student Theses
The Green Revolution was initiated in the 1960’s to address the issue of malnutrition in the developing world. The technology of the Green Revolution involved bio-engineered seeds that worked in conjunction with chemical fertilizers and heavy irrigation to increase crop yields. The technology was readily adopted in many stated in India and for some was a great success. However, there were many farmers who could not afford the inputs necessary to participate in the Green Revolution and gaps between social classes widened as wealthy farmers got wealthier and poor farmers lagged behind. This paper discusses how small farmers were affected …
The Impact Of Short Term Economic Data On The Perception Of Public Officials: Analysis Of The 2008 Economic Crisis And The American Presidential Election,
2010
Bemidji State University
The Impact Of Short Term Economic Data On The Perception Of Public Officials: Analysis Of The 2008 Economic Crisis And The American Presidential Election, James A. Foster
Political Science Theses and Capstones
As the economy of the United States fluctuated in the months leading to the 2008 presidential election, so did the public’s perception of the two leading candidates for the Oval Office. While American voting habits and economic trends have been researched heavily, the potential to analyze the effects of the economy on public opinion during an historic recession is just being uncovered. Using data from the 2008 American National Election Study, as well as daily closing numbers of the Dow Jones Industrial Average, trends emerge suggesting a possible relationship between short run economic indicators and the public’s views towards political …
Dynamic Treatment Effect Analysis Of Tv Effects On Child Cognitive Development,
2010
Singapore Management University
Dynamic Treatment Effect Analysis Of Tv Effects On Child Cognitive Development, Fali Huang, Myoung-Jae Lee
Research Collection School Of Economics
We investigate whether TV watching at ages 6-7 and 8-9 affects cognitive development measured by math and reading scores at ages 8-9, using a rich childhood longitudinal sample from NLSY79. Dynamic panel data models are estimated to handle the unobserved child-specific factor, endogeneity of TV watching, and dynamic nature of the causal relation. A special emphasis is placed on the last aspect, where TV watching affects cognitive development, which in turn affects future TV watching. When this feedback occurs, it is not straightforward to identify and estimate the TV effect. We develop a two-stage estimation method which can deal with …
Research Poster: Vulnerability To Climate Change And Policy Support In Rural Nevada,
2010
University of Nevada, Las Vegas
Research Poster: Vulnerability To Climate Change And Policy Support In Rural Nevada, Ahmad Safi
2010 Annual Nevada NSF EPSCoR Climate Change Conference
Supervisor: Dr. William James Smith, Jr. Research poster
Does Television Viewing Affect Children's Behaviour?,
2010
Singapore Management University
Does Television Viewing Affect Children's Behaviour?, Fali Huang, Myoung-Jae Lee
Research Collection School Of Economics
Using three-period panel data drawn from the National Longitudinal Survey of Youth 1979, we investigate whether television (TV) viewing at ages 6–7 and 8–9 years affects children's social and behavioural development at ages 8–9 years. Dynamic panel data models are estimated to handle the unobserved child-specific factor, endogeneity of TV viewing, and the dynamic nature of the causal relation. Special emphasis is placed on this last aspect, focusing on how early TV viewing affects interim child behavioural problems and in turn affects future TV viewing. Overall, we find that TV viewing during ages 6–7 and 8–9 years increases child behavioural …
Shin-Gate: Misunderstanding The Power Of Shame In South Korea,
2010
Central Washington University
Shin-Gate: Misunderstanding The Power Of Shame In South Korea, Koushik Ghosh
All Faculty Scholarship for the College of Business
Shame is not perceived the same way in different cultures, nor is it used the same way. How does that difference across cultures influence our interactions in public space? How does it affect our business interactions? It has been argued, especially in the wake of Asia’s financial crisis in 1997, that there was a lack of shame in Asian cultures aft er the economic crash. The same kind of argument has been presented in the United States following the financial crisis which began in 2008. President Obama has tried to shame the Wall Street crowd. Economic commentators have spoken of …
The Gettysburg Economic Review, Volume 4, Spring 2010,
2010
Gettysburg College
The Gettysburg Economic Review, Volume 4, Spring 2010
Gettysburg Economic Review
No abstract provided.
The Economic Impact Of The University Of Arkansas,
2010
University of Arkansas, Fayetteville
The Economic Impact Of The University Of Arkansas, Katherine A. Deck, Viktoria Riiman
Publications and Presentations
Founded in 1871, the University of Arkansas was established in the city of Fayetteville as both the state university and the major land‐grant university for Arkansas. The University of Arkansas is a flagship university for the integration of student engagement, scholarship and research, and innovation that collectively transforms lives and inspires leadership for a global society. As such, the impact of the University of Arkansas extends far beyond the transfer of knowledge from professors to students and is far reaching in social and economic terms. As leading research universities across the country engage in the process of enumerating the socio‐economic …
Did I Do That? Group Positioning And Asymmetry In Attributional Bias,
2010
Northwestern University
Did I Do That? Group Positioning And Asymmetry In Attributional Bias, Brian Gunia, Brice Corgnet
Economics Faculty Articles and Research
A laboratory experiment examined whether one structural feature of groups—members’ physical positioning—may produce asymmetry in their perceived contribution to a task. In particular, we investigated asymmetry in group members’ (often excessive) claims of credit for collective tasks ("the self-serving attributional bias"). Consistent with the availability account of this bias, group members located in the middle of a group, with easy visual access to their partners’ contributions, demonstrated less bias than outside members (who demonstrated bias consistent with prior research)—but no less satisfaction. Further analyses suggested that these results reflected bias reduction among middle members and did stem from visual availability. …
Multi-Player Bargaining With Endogenous Capacity,
2010
Chapman University
Multi-Player Bargaining With Endogenous Capacity, Gabriele Camera, Cemil Selcuk
Economics Faculty Articles and Research
We study equilibrium prices and trade volume in a market with several identical buyers and a seller who commits to an inventory and then offers goods sequentially. Prices are determined by a strategic costly bargaining process with a random sequence of proponents. A unique subgame perfect equilibrium exists, characterized by no costly delays and heterogeneous sale prices. In equilibrium constraining capacity is a bargaining tactic the seller uses to improve a weak bargaining position. With capacity constraints, sale prices approach the outcome of an auction as bargaining costs vanish. The framework provides a building block for price formation in models …
Team Formation And Self‐Serving Biases,
2010
Chapman University
Team Formation And Self‐Serving Biases, Brice Corgnet
Economics Faculty Articles and Research
There is extensive evidence which indicates that people learn positively about themselves. We build on this finding to develop a model of team formation. We show that under complete information learning positively about oneself prevents efficient team formation. Agents becoming overconfident tend to ask for an excessive share of the group outcome. Positive learning generates divergence in workers' beliefs and hampers efficient team formation. Interestingly, in a context of incomplete information regarding the partner's ability, extensive learning biases may reduce the divergence in agents' beliefs and facilitate efficient team formation as a result. We apply our model to coauthorship and …
