Business and Economics: Recent submissions
Now showing items 61-80 of 102
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The Evolution of Pro-Social Behavior and the Role of the Government
(Scientific Research, 2016-12)This study explores the impact of government intervention on the evolution of cooperation using a popular framework for understanding cooperative behavior (the public goods game). Agents either contribute to the production ... -
Financial Integration and Portfolio Diversification: Evidence from CIVETS Stock Markets
(Scientific Research, 2016-12)This paper investigates the extent of financial integration among a new group of six frontier markets called “CIVETS” by utilizing the multivariate GARCH framework of Engle and Kroner [1]. These countries are expected ... -
Non-Neutral Technological Progress and Income Distribution—Piketty’s Fundamental Laws in a Neoclassical Two-Sector Model
(Scientific Research, 2016-12)This paper discusses the theoretical validity of Thomas Piketty’s fundamental laws about income distribution in the context of a standard neoclassical growth model. We take Uzawa’s two-sector growth model as the platform ... -
Determinants of Oil Futures Prices
(Scientific Research, 2016-08)This study is directed at predicting the determinants of oil futures prices. We evaluate commodity pricing with oil occupying a special position due to highly inelastic demand. Given the sudden fall in oil prices, there ... -
Using Patents in Promotional Activities
(Scientific Research, 2016-10)A traditional view of patents and patenting shows a trade-off between the benefit of appropriation and the cost of information revelation. However, firms may benefit from information revelation to consumers because patents ... -
An Elementary Proof That Well-Behaved Utility Functions Exist
(Scientific Research, 2016-06)Starting from an intuitive and constructive approach for countable domains, and combining this with elementary measure theory, we obtain an upper semi-continuous utility function based on outer measure. Whenever preferences ... -
Research on the Method of Capitalization of Entertainment Products in GDP Statistics
(Scientific Research, 2016-06)It is one of directions of the reform about China’s national economic statistics system to incorporate the intellectual property products into the GDP statistics, and the capital of intellectual property products is the ... -
A Method for Estimating the Participation Rate of Elder Care
(Scientific Research, 2016-06)This paper focused on estimating the participation rate of care giving to elders. We used a theoretical model frame that was in common use for analyzing activity in the labor market and adjusted it for analyzing the care ... -
Greed Supports Economic Growth But Might Make Us More Miserable
(Scientific Research, 2016-06)Most economists, who refer to utility as representing wellbeing, do so under the assumption that utility increases with consumption. In contrast, lately researchers have found evidence that individuals' wellbeing is by ... -
Speed of Adjustment of Capital Structure in Emerging Markets
(Scientific Research, 2016-06)Speed of Adjustment (SOA) is a concept well studied in the area of capital structure. The concept is premised upon the fact that firms have a target capital structure for the next year and strive to achieve this target; ... -
Social Capital, Perceptions and Economic Performance
(Scientific Research, 2016-04)This paper describes how social capital emerges, relates to economic performance and evolves in the long run. Using the concept of psychological equilibrium, two types of individuals are generated in the population ... -
Does Innovative Financing Increase the Firm Performance? An Empirical Investigation of Indian Manufacturing Firms
(Scientific Research, 2016-04)The firms mobilizing resources using innovative debt from market reduce dependence on the traditional banking and financial institutions. The firms raising resources by directly approaching public have some incentive to ... -
Modeling the Relationship between FDI and Financial Development in Small Island Economies: A PVAR Approach
(Scientific Research, 2016-06)FDI is considered as an important source of capital investment for small island economies and is considered as a crucial tool for attaining economic growth and development. Most studies that have been done relating to ... -
The Impact of Nonfarm Activities on Rural Farm Household Income and Food Security in the Upper East and Upper West Regions of Ghana
(Scientific Research, 2016-06)Research shows that participation in rural non-farm activities exerts a pronounced impact on agriculture, household farm decisions, rural development, income and welfare as well as household food security. This paper ... -
Education Not for Money: An Economic Analysis on Education, Civic Engagement and Life Satisfaction
(Scientific Research, 2016-02)Many recent theoretical and empirical findings both in Economics and in Psychology show that, in addition to the effects on policy outcomes, political participation may affect individual utility and increase happiness ... -
Exploring the Origin of Mathematical Economics
(Scientific Research, 2016-02)The existing studies on the origin and history of mathematical economics are euro-centric and cover only the past two centuries. It is intended to show that 1) mathematical economics has an ancient origin. Kautilya wrote ... -
Tourism and Employment Spillovers in a Small Island Developing State: A Dynamic Investigation
(Scientific Research, 2016-04)Using a dynamic vector error correction model, and catering for dynamism and endogeneity, the present study attempts to address the question on whether tourism development enhances employment in Mauritius using time ... -
Value of Waiting and Excess Entry Theorem
(Scientific Research, 2016-04)By reformulating the Cournot model by making use of the optimal stopping theory, we reconsider the excess entry theorem for a stochastic market. It is revealed that: 1) free entry in a stochastic oligopolistic market is ... -
Human Dimensions Approach towards Integrating Sustainable Transportation and Urban Planning Policies: A Decision Support System (DSS) Based on Stated Preferences Data
(Scientific Research, 2017-06)While a lot of progress has been made in Germany to reduce CO2 emissions in the past years in almost all sectors of economy, however, the sector of transportation shows increasing CO2 emissions in the same period of time. ... -
Market Making, Liquidity Provision, and Attention Constraints: An Experimental Study
(Scientific Research, 2017-06)This paper uses an experimental electronic market to investigate the effect of limited attention on the market maker’s ability to provide liquidity and, thus, on aggregate market liquidity. I find that higher demands on ...