How Do Reward Versus Penalty Framed Incentives Affect Diagnostic Performance In Auditing?, 2022 DePaul University
How Do Reward Versus Penalty Framed Incentives Affect Diagnostic Performance In Auditing?, Bright (Yue) Hong, Timothy W. Shields
ESI Working Papers
Prior research examines how rewards versus economically equivalent penalties affect effort. However, accountants perform various diagnostic analyses that involve more than exerting effort. For example, auditors often need to identify whether a material misstatement is the underlying cause of a phenomenon among the possible causes. Testing helps identify the cause, but testing is costly. When participants are incentivized to test accurately (rather than test more) and objectively (unbiased between testing and not testing), we find that framing the incentives as rewards versus equivalent penalties increases testing by lowering the subjective testing criterion and by increasing the assessed risk of material …
Motives For Cooperation In The One-Shot Prisoner’S Dilemma, 2022 University of Alabama
Motives For Cooperation In The One-Shot Prisoner’S Dilemma, Mark Schneider, Timothy W. Shields
ESI Working Papers
We investigate the motives for cooperation in the one-shot Prisoner’s Dilemma (PD). A prior study finds that cooperation rates in one-shot PD games can be ranked empirically by the social surplus from cooperation. That study employs symmetric payoffs from cooperation in simultaneous PD games. Hence, in that setting, it is not possible to discern the motives for cooperation since three prominent social welfare criteria, social surplus (efficiency) preferences, Rawlsian maximin preferences, and inequity aversion make the same predictions. In the present paper, we conduct an experiment to identify which of these social preferences best explains differences in cooperation rates and …
The Coronavirus Pandemic And Participation In The Influencer Economy, 2022 University of Mississippi
The Coronavirus Pandemic And Participation In The Influencer Economy, Emma Grace Richbourg
Honors Theses
The 2019 coronavirus pandemic, also referred to as the COVID-19 pandemic, altered day-to-day life and has effected the economy quite notably. The aim of this paper is to determine to what extent the COVID-19 pandemic altered consumer behavior and whether these alterations encouraged participation in the influencer economy, which represents social media influencers who create and monetize online content. In order to do so, I administered a survey to 250 respondents to evaluate the reach of influencers during the pandemic and whether social media users felt the presence of influencers was an effective marketing technique. I also conducted an analysis …
On The Generalizability Of Using Mobile Devices To Conduct Economic Experiments, 2022 Wuhan University
On The Generalizability Of Using Mobile Devices To Conduct Economic Experiments, Yiting Guo, Jason Shachat, Matthew J. Walker, Lijia Wei
ESI Working Papers
Recent technological advances enable the implementation of online, field and hybrid experiments using mobile devices. Mobile devices enable sampling of incentivized decisions in more representative samples, consequently increasing the generalizability of results. Generalizability might be compromised, however, if the device is a relevant behavioural confound. This paper reports on a battery of common economic games and decision-making tasks in which we systematically randomize the decision-making device (computer versus mobile phone) and the laboratory setup (physical versus online). The results offer broad support for conducting decision experiments using mobile devices. For six out of eight tasks, we find robust null results …
Property, 2022 Chapman University
Property, Bas Van Der Vossen
Philosophy Faculty Books and Book Chapters
"This chapter discusses the nature and value of property rights. It will explain (1) what property rights are, (2) the relationship between private property and economic development, and (3) some objections to structuring societies around such rights. This discussion throughout focuses on the decentralizing nature of private property rights, asking what implications it has from a philosophical, but also social and political, point of view."
Panel Data Analysis Of Import Tariff Policy On Economic Growth And Industrial Output In Developing Economies, 2022 Bryant University
Panel Data Analysis Of Import Tariff Policy On Economic Growth And Industrial Output In Developing Economies, Connor A. Palazzo
Empirical Economic Bulletin, An Undergraduate Journal
This paper is focused on interpreting the effects of import tariff policy on domestic economic growth in the small market economies of developing nations. There have been several previous studies that have investigated the effect of tariff policy on domestic consumers and producers of already established economies. In addition, there have also been many studies assessing the effects tariffs from developed countries have on developing countries. However, few reports have been done on how tariffs impact the domestic producers of a developing nation. It is widely accepted that open and free trade is the best method for facilitating growth and …
Strengthening The Southern Nevada Workforce Pipeline, 2022 University of Nevada, Las Vegas
Strengthening The Southern Nevada Workforce Pipeline, Katie M. Gilbertson
Student Research
Workforce development has been a keystone in the discussion of economic diversification of Las Vegas for decades. The leisure and hospitality industry is the lifeline for the Southern Nevada economy due to the reliance on tourism as the city’s main economic driver. The leisure and hospitality industry requires physical labor and more face-to-face customer interaction than other employment sectors. Thus, these jobs often do not require high educational attainment, but rather sharp soft skills like effective listening, nonverbal communication, and negotiation strategies. While these are valuable traits, the lack of educational attainment within the leisure and hospitality workforce suppresses employees’ …
The Role Of Homeownership In Taiwan's Low Fertility Story, 2022 Wiilliam & Mary
The Role Of Homeownership In Taiwan's Low Fertility Story, William Anderson
Undergraduate Honors Theses
With one of the lowest fertility rates on record, Taiwan is at the forefront of the global lowest-low fertility phenomenon. Policymakers in Taiwan and researchers around the world have a considerable interest in the reasons driving Taiwan’s depressed fertility and possible ways to alleviate the associated economic concerns. Properties of the housing market represent one suggested factor that may be contributing to this trend. Using individual panel data from Taiwan’s Panel Study of Family Dynamics, I test the correlation between homeownership and fertility outcomes. I find that other variables, such as marriage, age, generation, and socioeconomic status, can explain much …
Essays On The Economics Of Electric Vehicle Charging Stations, 2022 Clemson University
Essays On The Economics Of Electric Vehicle Charging Stations, Aspen Underwood
All Dissertations
Electric vehicles (EVs) have peaked people’s interest since the first electric-powered vehicle was developed in the 1830’s. By the 1890’s EVs were the most common vehicle in the U.S. However, due to issues with charging batteries and limitations of the electrical grid, EVs were left behind as gasoline vehicles became commonly available in the early 20th century. Several attempts to repopularize EVs over the last 100 years suffered from difficulties with limited driving ranges, but today, expanded driving ranges and improved charging capabilities have made EVs a real alternative to gasoline engines. The possibility of zero-emission transportation made possible by …
What Are The Economic Barriers For A More Efficient Adoption Equilibrium? Analyzing The Perceived Challenges Lgbtq+ Persons Face In The Adoption Process, 2022 University of Arkansas, Fayetteville
What Are The Economic Barriers For A More Efficient Adoption Equilibrium? Analyzing The Perceived Challenges Lgbtq+ Persons Face In The Adoption Process, Andrew Schoonover
Economics Undergraduate Honors Theses
From understanding why adoption matters to drilling down why same sex male couples are not adopting at high rates, more questions are raised than answers found. But all of the complexities and intricacies boil down to one umbrella question: How can the economy shift the equilibrium (i.e., current state of adoption in America) to be more equitable, empowering, and efficient for everyone? Specifically, how can policy choices help increase the demand of gay couples to adopt -- helping to close the gap between gay and lesbian adoption rates? The “lowest hanging fruit” policy remedy for this problem is to alleviate …
Mississippi Crime And Corrections: The Effects Of House Bill 585 On Crime And Incarceration Rates, 2022 The University of Southern Mississippi
Mississippi Crime And Corrections: The Effects Of House Bill 585 On Crime And Incarceration Rates, Madisyn Flammia
Honors Theses
The state of Mississippi’s historically high incarceration rate peaked in the year 2013, when it was the second highest nationwide. To combat this problem, House Bill 585 was passed into law in 2014. The law consisted of multiple reforms, which were part of an effort to toughen sentencing for violent offenders and reduce severity of punishment for non-violent criminals, with the aim of reducing incarceration and refocusing prison space for violent crimes. I employed difference in differences and synthetic control methododologies to examine the effects of House Bill 585 on crime and imprisonment rates. My results revealed that House Bill …
Salary Cap Efficiency: A Study Of The Relationship Between A Nfl Quarterback’S Salary And Their Team’S Performance, 2022 University of Connecticut
Salary Cap Efficiency: A Study Of The Relationship Between A Nfl Quarterback’S Salary And Their Team’S Performance, Prasad Gosavi
Honors Scholar Theses
For years, sports economists have attempted to understand the impact of salary caps in sports leagues, as they can have an impact on a team’s favored personnel approach. In the National Football League (NFL), one of the more important positions is the team’s quarterback, who has the ability to command large contracts. This paper examines the work of past researchers, and attempts to add to the literature by analyzing data from the past ten NFL seasons. I find inconclusive results relating to the relationship between a NFL team’s winning percentage and the amount of salary cap space allocated for their …
Investing In Democratic Countries: An Investigation Of Democracy And Fdi, 2022 Bryant University
Investing In Democratic Countries: An Investigation Of Democracy And Fdi, Maxwell Lajeunesse
Honors Projects in Economics
In this paper, the relationship between Foreign Direct Investment (FDI) inflows and democracy levels of upper-middle income nations using three different measures of democracy is investigated. An empirical analysis across the years 2010 through 2018 was conducted, using the democracy indicators and data from the United States Agency for International AID (USAID). These democracy indicators are the EIU Democracy Index, Polity5, and IDEA Global State of Democracy Indices. The importance of this research revolves around the benefits of FDI inflows and how countries may capitalize on these benefits. Additionally, FDI has increased rapidly in the past 20 years and democracy …
Determinants Of Real Median Household Income In The United States Using Time-Series And Panel Data Analysis, 2022 Bryant University
Determinants Of Real Median Household Income In The United States Using Time-Series And Panel Data Analysis, Evan Clark
Empirical Economic Bulletin, An Undergraduate Journal
This paper’s main objective was to explore the determinants of income inequality using real median household income in the United States. This paper utilizes time series analysis to examine the Gini coefficient, trends in the top 1%’s share of wealth, and the relationship between real median income and varying demographics. The Gini coefficient is a summary measure of income inequality in a country. Income inequality is how unevenly income is distributed throughout a population. The results show that there is a negative correlation between the top 1%’s share of total wealth and the United States Gini rating, and that inequality …
Effectiveness Of Aid: Panel Data Analysis Of Foreign Aid In Africa, 2022 Bryant University
Effectiveness Of Aid: Panel Data Analysis Of Foreign Aid In Africa, Will Bittrich
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the effectiveness of international foreign aid flows into the continent of Africa. The study incorporates economic information into an econometric model to examine the influence of variables including natural resources, types of government, corruption, and education. The influence of gender equality and rule of law in relation to developed countries is factored in through a dependent variable. These findings provide an analysis on the efficiency of foreign aid and its effects on economic development in the region.
Impact Of Corruption On Economic Growth In Central America: A Panel Data Analysis, 2022 Bryant University
Impact Of Corruption On Economic Growth In Central America: A Panel Data Analysis, Ben Bresnee
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the possible impact of corruption on economic growth in Central America. This study incorporates information into a model to examine the influence of different factors such as population growth, aid, human capital, gross domestic investment, Corruption, and consumption. This study finds that there is a negative effect of corruption on economic growth in Central America.
A Panel Data Analysis On Income Inequality On Life Expectancy In Asia, 2022 Bryant University
A Panel Data Analysis On Income Inequality On Life Expectancy In Asia, Julianna Flaccavento
Empirical Economic Bulletin, An Undergraduate Journal
This paper aims to investigate the possibility of interdependence between income and life expectancy in countries across Asia. The study looks at the difference of life expectancies for men, women, and the two genders combined. We also looked at how health could have an impact on the model. We ran a fixed and random effect model on our panel data. We then ran the fixed and random effect model on the countries separated by income levels which we separated into low, middle, and high. The results show that the fixed effect was significant in Asia on both males and females …
The School-To-Prison Pipeline: A Panel Data Analysis, 2022 Bryant University
The School-To-Prison Pipeline: A Panel Data Analysis, Samuel Guider
Empirical Economic Bulletin, An Undergraduate Journal
The objective of this paper is to analyze the potential affect public-school funding has on juvenile incarceration rates in the United States using a panel series data set from 2000 until 2020. The United States has the highest per capita incarceration rates among 114 other members of the Organization of Economic Co-operation and Development (OECD), with 639 individuals for every 100,000 are incarcerated in the United States. This papers aims to use explanatory variables like race (black and white), sex, age, arrests, educational attainment, and rates of school attendance to further help in answering if an increase in public spending …
The Empirical Analysis Of Motherhood Penalty: The Effect Of Having Children On Women’S Career, 2022 Bryant University
The Empirical Analysis Of Motherhood Penalty: The Effect Of Having Children On Women’S Career, Madison Henry
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the motherhood penalty as well as the fatherhood bonus. The Motherhood penalty is a phenomenon by which women’s pay decreases once they become mothers. The fatherhood bonus refers to the advantages that working fathers get in terms of pay and perceived competence in comparison with working mothers and childless men. This study incorporates information on the effect a child has on a mother’s income verse that of a father’s, while also measuring how a woman’s income is affected after having a child comparatively to that of a childless woman’s. The results show that the income of Mother’s …
A Panel Data Analysis Of Institutional Quality, Fdi, And Public Debts’ Impact On Economic Growth For Asean, 2022 Bryant University
A Panel Data Analysis Of Institutional Quality, Fdi, And Public Debts’ Impact On Economic Growth For Asean, Joshua Kearney
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the effects on economic growth driven by institutional quality, foreign direct investment, and public debt while doing a breakdown and comparison between the first and last five nations to join ASEAN as well as a collective analysis of the complete 10 ASEAN. The model used in this paper focuses primarily on the country’s gross domestic product and the domestic growth seen within ASEAN that utilized public debt to fund governmental agendas.