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University of Arkansas, Fayetteville

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Articles 1 - 17 of 17

Full-Text Articles in Behavioral Economics

Essays On Human Capital Formation In Developing Countries, Alexander Sergeevich Ugarov Aug 2019

Essays On Human Capital Formation In Developing Countries, Alexander Sergeevich Ugarov

Theses and Dissertations

Differences in human capital explain approximately one-half of the productivity variation across countries. Therefore, we need to understand drivers of human capital accumulation in order to design successful development policies. My dissertation studies formation and use of human capital with emphasis on its less tangible forms, including skills, abilities and know-how.

The first chapter of my dissertation explores the effects of occupational and educational barriers on human capital stock and aggregate productivity. I find that students' academic skills have very small impact on occupational choice in most developing countries. This finding suggests a higher incidence of occupational barriers in developing ...


Fields And Consumer Groups: The Layered And Overlapping Roles Of Culture, Brandon James Mcalexander Aug 2019

Fields And Consumer Groups: The Layered And Overlapping Roles Of Culture, Brandon James Mcalexander

Theses and Dissertations

The first essay investigates Bourdieu’s conceptualization of fields and its use in the marketing literature. It suggests that fields do not exist in isolation, but rather work together in a number of different possible configurations. Fields are reconceptualized as dominated, overlapped, unrelated, contrasted, and co-constituted, rather than completely distinct and opens a new theoretical space for interpretive researchers in marketing. The second essay is a descriptive ethnography of a local fab lab. The essay describes in rich detail the ways in which new skills are developed in a shared work environment, and contextualizes the findings using practice theory as ...


An Exploratory Study Of The Impact Of Acculturation On Fashion Consumption Among Hispanic Immigrants In The U.S., Laura Toloza May 2019

An Exploratory Study Of The Impact Of Acculturation On Fashion Consumption Among Hispanic Immigrants In The U.S., Laura Toloza

Theses and Dissertations

With a population of 58 million in 2016, the Hispanic immigrant population in the U.S. is expected to grow nearly 30% by 2060 (Hispanic influence, 2016). Immigrants are affected by acculturation and often have difficulty maintaining their culture of origin. Prior studies have revealed acculturation influences on consumer behaviors, but despite the increased population and purchasing power of Hispanic immigrants in the U.S., few studies have explored the ways in which acculturation influences shopping behaviors for fashion products among Hispanic consumers. The purpose of this study is to explore the general attitude related to shopping (i.e., shopping ...


Three Essays On Corruption And Collusion, Arlo Redwine Dec 2018

Three Essays On Corruption And Collusion, Arlo Redwine

Theses and Dissertations

This dissertation studies corruption and collusion with data derived from a laboratory experiment and household data. In Chapter 1 I study experimental procurement auctions with bribery and a public reserve to test for the tacitly collusive equilibrium described by Compte et al. (2005). Three sellers compete for 40 periods to sell a single item to a computerized buyer who accepts bribes and determines ties in bids and bribes randomly. In the closing periods, only 13.5% of auctions display the collusive equilibrium, but 58.7% of selling prices are noncompetitive. In comparison with simulated predictions for auctions that are corrupt ...


Assessing Rice Consumers’ Preferences And Willingness To Pay In Haiti, Cleeford Pavilus Dec 2018

Assessing Rice Consumers’ Preferences And Willingness To Pay In Haiti, Cleeford Pavilus

Theses and Dissertations

In the last 30 years, rice has become the number one food staple in Haiti, and rice imports have outpaced domestic production to supply the country’s increasing rice demand. Policy makers support the claim that increasing local rice supply will not only reduce the dependency on imported rice but also upheave the national economy. However, there is a lack of information on Haitian consumers’ preferences for rice to aid the development of the local rice supply chain. This research aims to bridge that gap by assessing Haitian consumer preferences and willingness to pay for selected rice quality characteristics. The ...


How Gender Norms Impact Women's Access To Financial Inclusion, Caitlyn Goodman Dec 2018

How Gender Norms Impact Women's Access To Financial Inclusion, Caitlyn Goodman

Economics Undergraduate Honors Theses

The purpose of this paper is to determine if there is a relationship between gender norms and women's access to financial resources. Using data from the World Bank and the World Values Survey, I use a linear regression model to assess how attitudes toward education, jobs, and over-all equal rights impact women's account ownership.


Abandoning The Dream Of Omnipotence: On Autonomy And Self-Binding, Charlie Coil Aug 2018

Abandoning The Dream Of Omnipotence: On Autonomy And Self-Binding, Charlie Coil

Theses and Dissertations

I offer a prolegomenon to the philosophical study of a uniquely human activity—the self-binding act. This philosophical interest directly connects with the Enlightenment project of centralizing personal autonomy and individual freedom as primary values of personhood. Self-binding represents an easily referenced action that introduces a possible clash between autonomy and freedom on the one hand seen as in conflict with other ancient basic human values like self-control and avoiding akrasia. This dissertation investigates the inverted manner whereby an act of self-binding, which voluntarily and effectively limits a person’s options, can end up augmenting rather than interfering with personal ...


Are Prize-Linked Savings Accounts The Solution To Arkansas' Savings Problem?, Mckenzie Wages May 2018

Are Prize-Linked Savings Accounts The Solution To Arkansas' Savings Problem?, Mckenzie Wages

Accounting Undergraduate Honors Theses

This research finds that access to prize-linked savings could improve the financial security of Arkansans. Prize-linked savings (PLS) accounts are nontraditional savings products that offer depositors the chance to win cash prizes instead of a typical interest rate return. Given the low median incomes, high liquid asset poverty rates, and high levels of underbanked and undereducated individuals in Arkansas, there is a need for an innovative savings solution like PLS in the state. PLS accounts capitalize on individuals’ propensity for lottery-like risk-taking to inspire the productive behavior of personal saving. A wide range of individuals, especially those who could stand ...


A Study Into The Relationship Between Nutrition And Income In A College Setting, Alyssa Hicks May 2018

A Study Into The Relationship Between Nutrition And Income In A College Setting, Alyssa Hicks

Economics Undergraduate Honors Theses

Many health related issues in the United States are linked to Americans’ poor diet choices. College students, a subset of that population, establish important trends in their diet habits that they will maintain over their four years in college and beyond. Although previous literature has found income to be a determinant of diet, this paper does not find income to be a significant predictor of student nutrition. One potential explanation is that college provides a unique environment and circumstance. Yet, additional income suggests it could be important for students who suffer from a lack of funds—increasing their income brings ...


Three Essays On The Effect Of Overconfidence On Economic Decision Making, Klajdi Bregu Aug 2017

Three Essays On The Effect Of Overconfidence On Economic Decision Making, Klajdi Bregu

Theses and Dissertations

This dissertation uses experimental evidence to explore the effects of overconfidence on economic decision making. In Chapter 1 I provide experimental evidence of the effects of alcohol on overconfidence and several other important tasks. I also explore the relationship between overconfidence and the behavior in the other tasks. The data from this experiment show that an alcohol level of 0.08 does not have a systemic effect on behavior and more importantly it does not affect one’s level of overconfidence. I also show that overconfidence is not significantly correlated with risk preferences, math, strategic behavior, anchoring, altruism, and food ...


The Taper Tantrum Of 2013: Momentum-Driven Or A Return To Fundamentals?, Colette L. Terhune May 2016

The Taper Tantrum Of 2013: Momentum-Driven Or A Return To Fundamentals?, Colette L. Terhune

Finance Undergraduate Honors Theses

This study explores the driving force behind the Taper Tantrum of 2013. Following the Fed’s announcements of potential QE tapering, investors poured of the bond market, causing yields to rise sharply. This analysis seeks to determine whether this was a momentum-driven reaction or a return to fundamental values. Throughout this paper, fundamental determinants of bond prices and investor returns are combined with trading volume and bid-ask spread data to determine the motivating market force. The findings suggest that the Taper Tantrum was a return to fundamental bond prices following an asset bubble burst, likely due to momentum trading.


An Exploratory Study Of Spending Patterns, Obstacles And Traditions Among Same-Sex Marriage Vs Heterosexual Marriage: Who's The Bigger Spender?, Lydia Perritt May 2015

An Exploratory Study Of Spending Patterns, Obstacles And Traditions Among Same-Sex Marriage Vs Heterosexual Marriage: Who's The Bigger Spender?, Lydia Perritt

Theses and Dissertations

This study investigated if there was a significant difference in the amount of money spent on same-sex weddings versus heterosexual weddings. The results of this study would assist both the wedding and hospitality industry by providing much needed financial and planning information.

A descriptive, four-section survey was distributed online via Qualtrics utilizing snowball sampling. A total of 152 respondents participated in the study; 84 heterosexual and 68 LGBTQ. The respondents completed the questionnaire that measured wedding traditions, wedding spending, obstacles and challenges faced during their wedding and wedding planning, and demographic information.

The results of this study indicated that same-sex ...


Less Is More: Information And Priming In Charitable Donations, Juliann Tucker May 2015

Less Is More: Information And Priming In Charitable Donations, Juliann Tucker

Economics Undergraduate Honors Theses

Dictator Game, Religious Identity, Social Distance


Essays In Pro-Social Behavior, Joshua R. Foster Aug 2014

Essays In Pro-Social Behavior, Joshua R. Foster

Theses and Dissertations

This dissertation examines individuals' actions to improve social outcomes when unrecoverable investments are necessary. Situations involving non-pecuniary and pecuniary investments are considered. In the former, the prerequisite of real effort - a non-pecuniary, unrecoverable investment - is examined when said effort determines an individual's ability to procure their preferred social outcome. Theoretical predictions over an individual's effort provision are based on their revealed preferences for the social distribution of wealth according to the general axiom of revealed preference (GARP). Laboratory experiments reveal that individuals' effort provisions do not support the assumption of stable preferences (transitivity) of wealth distribution. Specifically, individuals ...


The Geographic And Social Distance In Finance, Liping Ma Aug 2013

The Geographic And Social Distance In Finance, Liping Ma

Theses and Dissertations

Our research interests lie in studying the economic behavior, choices, and actions of individuals given their geographical and Social proximity to others, and analyze the consequences of such decisions to the financial health and survival of households, firms, and the macro economy. Network analysis and spatial econometrics take account of information spill-overs and constraints of behaviors as consequence of the geographical and Social distance between and among individuals. In this research, we apply those techniques to analyze aspects of corporate governance and explanations for the recent housing crisis.

The literature on principle-agent problems has devoted most of its attention to ...


Institutional Distance And Entry Mode: How Do Emerging-Market Multinational Companies Overcome Competitive Disadvantages In A Developed Market?, Ru-Shiun Liou May 2013

Institutional Distance And Entry Mode: How Do Emerging-Market Multinational Companies Overcome Competitive Disadvantages In A Developed Market?, Ru-Shiun Liou

Theses and Dissertations

As latecomers to global business competition, emerging-market multinational companies (EMNCs) utilize cross-border merger and acquisitions to swiftly acquire strategic assets, such as brands and distribution channels, compensating for their competency deficiency. Developed markets with well-established firms and well-developed market-supporting institutions become important destinations for EMNCs' strategic asset-seeking investments. Institutional distance, national differences in the institutional environment, constitutes a major source of competitive disadvantage for foreign firms competing with indigenous firms. Foreign firms need to overcome the challenges of unfamiliarity, relational, and discriminatory hazards to establish legitimacy in the host market. Compared to established multinationals that originate from other advanced markets ...


Musical Copyright Infringement And Policy Implementation At Higher Education Institutions, Henry Haruaki Wendel Jan 2004

Musical Copyright Infringement And Policy Implementation At Higher Education Institutions, Henry Haruaki Wendel

Inquiry: The University of Arkansas Undergraduate Research Journal

Copyright infringement through campus networks has become an increasingly troubling problem for higher education institutions across the nation for two reasons. First, the network infrastructure is being abused to the extent that high percentages of the traffic to and from the university are of illegal material. Second, much of these materials are illegal, so administrators must follow procedures and implement policies, which will identify the university when a member of the university violates the law. Throughout the nation, university administrators are taking different approaches to combat this new issue on campuses. In this study, the policies of the one hundred ...