Perfect And Imperfect Real-Time Monitoring In A Minimum-Effort Game,
2010
Chapman University
Perfect And Imperfect Real-Time Monitoring In A Minimum-Effort Game, Cary Deck, Nikos Nikiforakis
ESI Working Papers
This paper presents the results from a minimum-effort game in which individuals can observe the choices of others in real time. We find that under perfect monitoring almost all groups coordinate at the payoff-dominant equilibrium. However, when individuals can only observe the actions of their immediate neighbors in a circle network, monitoring improves neither coordination nor efficiency relative to a baseline treatment without real-time monitoring. We argue that the inefficiency of imperfect monitoring is due to information uncertainty, that is, uncertainty about the interpretation of the information available regarding the actions of others.
Price Increasing Competition? Experimental Evidence,
2010
Chapman University
Price Increasing Competition? Experimental Evidence, Cary Deck, Jingping Gu
ESI Working Papers
Economic intuition suggests that increased competition generates lower prices. However, recent theoretical work shows that a monopolist may charge a lower price than a firm facing a competitor selling a differentiated product. The direction of the price change when competition is introduced is dependent upon the joint distribution of buyer values for the two products. We explore this relationship using controlled laboratory experiments. Our results indicate that the distribution of buyer values does affect prices in a manner consistent with the theoretical predictions, although price increasing competition is rare due in part to overly intense competition regardless of the distribution …
The Attack And Defense Of Weakest-Link Networks,
2010
Chapman University
The Attack And Defense Of Weakest-Link Networks, Dan Kovenock, Brian Roberson, Roman M. Sheremeta
ESI Working Papers
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker‟s objective is to successfully attack at least one target and the defender‟s objective is diametrically opposed. We apply two benchmark contest success functions (CSFs): the auction CSF and the lottery CSF. Consistent with the theoretical prediction, under the auction CSF, attackers utilize a stochastic “guerilla warfare” strategy — in which a single random target is attacked — more than 80% of the time. Under the lottery CSF, attackers utilize the stochastic guerilla warfare strategy almost 45% of …
Export Vs. Import - Led Growth In Mexico,
2010
University of Texas at El Paso
Export Vs. Import - Led Growth In Mexico, Joseph Kababie
Open Access Theses & Dissertations
This study concentrates on the role of imports and the impact they have for economic growth in the country of Mexico. The investigation is conducted in a time series framework using an ordinary least square method, a vector autoregressive model, and a vector error correction model to test the trade variables of exports and imports for exogenous or endogenous induced growth. The results indicate through Granger causality tests that imports are having the significant impact for economic growth. These findings are in some ways in contradiction to previous literature that has focused on exports as being the sole engine for …
Microstructure And Property Evaluation Of Lifepo4 Thin Films For Application In Microbatteries,
2010
University of Texas at El Paso
Microstructure And Property Evaluation Of Lifepo4 Thin Films For Application In Microbatteries, Jose Marcos Mares
Open Access Theses & Dissertations
The shortage of fossil fuels and the requirements to produce clean, environmental friendly, efficient, and economical energy are the principal problems in the context of energy technology for current and future generations. Therefore, advanced energy storage and conversion capabilities with higher capacity and efficiency are desired. Currently, there is an enormous interest in the development of high energy density rechargeable batteries for use in domestic applications, automotive industries and portable electronic applications. The present research focuses on the development of LiFePO4 thin films for solid-state thin-film microbatteries. The present effort was performed with a specific purpose of understanding the effect …
Forecasting Tourist Arrivals To The Bahamas Using Error Correction Models,
2010
University of Texas at El Paso
Forecasting Tourist Arrivals To The Bahamas Using Error Correction Models, Jacky Sharon Charles
Open Access Theses & Dissertations
Tourism is the major domestic export for many countries in the Caribbean region. Given this, the variables which influence tourism demand in this region, as well as accurate forecasts, can assist policy makers in their planning efforts and growth strategies. This study utilizes error correction models (ECMs) to analyze tourism demand in the Bahamas. This is the first empirical attempt to estimate ECMs for tourism demand in the Caribbean region. Findings suggest that income and habit persistence/word of mouth advertising are the primary determinants of tourism demand in the Bahamas, while the cost of travel is generally insignificant. To assess …
Central Bank Independence: Rules, Practices, And Outcomes,
2010
University of Texas at El Paso
Central Bank Independence: Rules, Practices, And Outcomes, Douglas Aaron Block
Open Access Theses & Dissertations
In recent years interest has grown in central bank independence as research has shown that it may affect many important financial issues such as unemployment, inflation, and inflation variability, among others. However, empirical evidence regarding its effect has been inconclusive and there is low correlation among various legal central bank independence measures. In this thesis, I attempt to resolve these problems by generating a new measure of legal central bank independence that takes into account divergence between laws and practices. I then measure the impact that democracy and proportional electoral systems have on reducing this divergence and find that democracy …
Empirical Evidence On Regulatory Burdens And International Income Performance,
2010
University of Texas at El Paso
Empirical Evidence On Regulatory Burdens And International Income Performance, Enedina Licerio
Open Access Theses & Dissertations
This paper analyzes the effects of regulatory burdens on per capita national income (GNI) and the potential increases in GNI that can result from deregulation. Previous research indicates that a rigid regulatory environment hampers income performance. The availability of more recent data and the addition of several new indices by the World Bank now permits a broader analysis of regulatory burdens and income performance to be undertaken. Simulations are conducted to quantify potential impacts of deregulation and greater transparency on income performance. Results show that sizeable income gains can result from deregulation.
Site Value Tax,
2010
Technological University Dublin
Site Value Tax, Tom Dunne
Articles
Tom Dunne discusses some of the issues surrounding property taxation in Ireland
Sascha Vitzhum,
2010
WGLT, Illinois State University
Sascha Vitzhum, Jim Browne
Interviews for WGLT
Jim Browne interviews Assistant Professor Sascha Vitzhum about virtual worlds, economics and marketing. (requires RealPlayer)
