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Behavioral Economics Commons

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Articles 1 - 11 of 11

Full-Text Articles in Behavioral Economics

Examining Citizens' Preferences For Aquaculture Using Discrete Choice Experiments, Olga Bredikhina May 2019

Examining Citizens' Preferences For Aquaculture Using Discrete Choice Experiments, Olga Bredikhina

Electronic Theses and Dissertations

Over the last few decades, discrete choice experiments (DCEs) have become increasingly popular across different subfields of economics as a way to elicit citizens‟ stated preferences for product and service attributes as well as various environmental and infrastructure features. The DCE framework could be seen as a time- and cost-effective alternative to the revealed preferences framework that is based on data obtained using transactions observed in real-world markets. DCEs offer the advantage over revealed preferences data because they allow learning about consumer preferences for hypothetical products or product attributes without bearing the costs of introducing new products to the market ...


Local Food Policy & Consumer Food Cooperatives: Evolutionary Case Studies, Afton Hupper May 2019

Local Food Policy & Consumer Food Cooperatives: Evolutionary Case Studies, Afton Hupper

Electronic Theses and Dissertations

Darwin’s theory of natural selection has played a central role in the development of the biological sciences, but evolution can also explain change in human culture. Institutions, mechanisms that govern behavior and social order, are important subjects of cultural evolution. Institutions can help stabilize cooperation, defined as behavior that benefits others, often at a personal cost. Cooperation is important for solving social dilemmas, scenarios in which the interests of the individual conflict with those of the group. A number of mechanisms by which institutions evolve to support cooperation have been identified, yet theoretical models of institutional change have rarely ...


Behaviors And Perceptions Of Environmental Decision Making: The Role Of Information Dissemination Through Public Disclosures And Labels, Jordan R. Anthony May 2018

Behaviors And Perceptions Of Environmental Decision Making: The Role Of Information Dissemination Through Public Disclosures And Labels, Jordan R. Anthony

Electronic Theses and Dissertations

Environmental decision making may be influenced by information and how this information has been disseminated. By recognizing that information needs to be salient to the individual (Cash et al., 2003, 2006), tailored and framed to the individual (Pelletier & Sharp, 2008), and recognizing that the information must be presented in a way that the individual is ready and able to accept the information (Teisl, Rubin, & Noblet, 2008) all serve as a means to improve the effect information has on environmental decision making. Through this work, two studies of contextual examples of how information dissemination affects environmental decision making are presented.

The first study seeks to learn about how safety information disclosures affect the perception of risk. Coastal water quality may be threatened by natural and human process; it is important to understand how coastal water users perceive the risk to human health associated with these threats (Hlavsa et al., 2011; Lewis & Miller, 2016). I use data collected by the New England Sustainability Consortium’s Safe Beaches & Shellfish Project 2015 mail survey conducted in Maine and New Hampshire on coastal residents (Fox et al., 2017). I investigate how information through public disclosures at either beaches or shellfish harvesting areas influence risk perceptions associated with entering the water (or eating shellfish) under an advisory or closure. Further, we test to see if the frames of marine environment or public health may be more appropriate to communicate information to the public and how it influences risk perception. The findings suggest that disclosures of poor coastal water quality at these areas do not influence risk perception nor do specific messages appear to alter risk perceptions.

The second study seeks to better understand consumer information seeking behavior and use of product labels for aquaculture products and how these behaviors change when the heterogeneity in preferences is considered. Despite aquaculture’s stance as a rapidly growing sustainable food technology, public opinion about aquaculture is still relatively unformed (Murray et al., 2017). Labeling of aquaculture products is an opportunity to provide information that is salient and messages that bridge the gap between the individual and the information presented on labels at the time of purchase (Cash et al., 2003, 2006; Pelletier & Sharp, 2008; Teisl et al., 2008). We use data from a 2017 national survey collected by the Sustainable Ecological Aquaculture Network Human Dimensions Team to capture behaviors and perceptions of aquaculture. To approach our unique problem, audience segmentation methods ...


Determinants Of Tipping Behavior: Evidence From Us Restaurants, Nusrat Jahan Jan 2018

Determinants Of Tipping Behavior: Evidence From Us Restaurants, Nusrat Jahan

Electronic Theses and Dissertations

This study aims to analyze people’s tipping behavior to assess the factors that determine both the likelihood of leaving a tip and tip size in US restaurants. A total 2,334 away from home eating events are considered in this study based on the nationally representative National Household Food Acquisition and Purchase Survey (FoodAPS) dataset. Two different tipping scenarios are considered for full-service restaurants to examine differences in customers’ behavior under two different situations. Considering that households’ tipping decisions and tip sizes are functions of the demand for personal interest (D"#, ) and the demand for social interest (D&#), different ...


A Cross-Sectional Exploration Of Household Financial Reactions And Homebuyer Awareness Of Registered Sex Offenders In A Rural, Suburban, And Urban County., John Charles Navarro Aug 2017

A Cross-Sectional Exploration Of Household Financial Reactions And Homebuyer Awareness Of Registered Sex Offenders In A Rural, Suburban, And Urban County., John Charles Navarro

Electronic Theses and Dissertations

As stigmatized persons, registered sex offenders betoken instability in communities. Depressed home sale values are associated with the presence of registered sex offenders even though the public is largely unaware of the presence of registered sex offenders. Using a spatial multilevel approach, the current study examines the role registered sex offenders influence sale values of homes sold in 2015 for three U.S. counties (rural, suburban, and urban) located in Illinois and Kentucky within the social disorganization framework. Homebuyers were surveyed to examine whether awareness of local registered sex offenders and the homebuyer’s community type operate as moderators between ...


Governing The Urban Water Commons : Essays On Collaborative Policy Networks In A Polycentric Ecology Of Urban Water Policy Games., Emmanuel Frimpong Boamah May 2017

Governing The Urban Water Commons : Essays On Collaborative Policy Networks In A Polycentric Ecology Of Urban Water Policy Games., Emmanuel Frimpong Boamah

Electronic Theses and Dissertations

Governing social-ecological systems, such as the urban water commons, is a multi-scale and multi-sector (polycentric) human-environment process. This dissertation interrogates this process by situating itself within the Ecology of Games Framework by Norton Long (and updated by Mark Lubell) and the literature on polycentric governance by the Bloomington School of Political Economy. The dissertation’s three essays 1) offer both theoretical and methodological means to enact polycentric public economies within the ecology of games framework, and 2) explicate the conditions under which interoganizational collaboration is fostered within a polycentric ecology of policy games in governing the Middle Rio Grande urban ...


Emotions, Intuitions And Risk Perception In Critical Care, Oleksandr Dubov Jan 2017

Emotions, Intuitions And Risk Perception In Critical Care, Oleksandr Dubov

Electronic Theses and Dissertations

The theory of decision-making as it applies to bioethics and healthcare assumes a rational decision maker: someone who knows all his alternatives, has clear preferences, can rank and weigh risks and benefits of an intervention, and always acts in his own best interests. However, the growing body of research from the field of decision science shows that, in reality, such a purely rational decision maker does not exist. Instead, patients are rational within personal or environmental constraints such as uncertainty or ambiguity in which non-rational approaches such as emotion and intuition are instrumental. This issue is particularly important in critical ...


Sperner's Lemma, The Brouwer Fixed Point Theorem, The Kakutani Fixed Point Theorem, And Their Applications In Social Sciences, Ayesha Maliwal Dec 2016

Sperner's Lemma, The Brouwer Fixed Point Theorem, The Kakutani Fixed Point Theorem, And Their Applications In Social Sciences, Ayesha Maliwal

Electronic Theses and Dissertations

Can a cake be divided amongst people in such a manner that each individual is content with their share? In a game, is there a combination of strategies where no player is motivated to change their approach? Is there a price where the demand for goods is entirely met by the supply in the economy and there is no tendency for anything to change? In this paper, we will prove the existence of envy-free cake divisions, equilibrium game strategies and equilibrium prices in the economy, as well as discuss what brings them together under one heading.

This paper examines three ...


Exchange Patterns And Relations In Collaborative Governance., Charles Wharton Kaye-Essien May 2016

Exchange Patterns And Relations In Collaborative Governance., Charles Wharton Kaye-Essien

Electronic Theses and Dissertations

Collaborative governance has received considerable attention in recent years. From environmental resource management to public safety, collaborative governance continues to play a vital role in regional problem solving. In spite of this increasing popularity previous attempts to model the political, economic, and demographic determinants of collaboration have in most cases produced inconsistent results, thereby undermining the ability to generalize from such findings. Additionally, our understanding of the relational patterns that emanate from collaborative agreements remains fairly rudimentary. The main objective of this research is to address some of the gaps in the literature and improve our understanding of collaborative governance ...


Examining The Low Volatility Anomaly In Stock Prices, Munish Malhotra Nov 2013

Examining The Low Volatility Anomaly In Stock Prices, Munish Malhotra

Electronic Theses and Dissertations

Modern portfolio theory states that investments with greater beta, a common measure of risk, require greater returns from investors in order to compensate them for taking greater risk. Therefore, under the premise that market participants act rationally and therefore markets run efficiently, investments with higher beta should generate higher returns vis-à-vis investments with lower beta over the long run. In fact, many studies suggest that investments with lower beta actually generate equal to or higher returns relative to investments with higher beta. In looking at data for the S&P 500 going back 22 years between 1990 and 2012, this ...


Park Aid Systems: Factors That Affect Consumer Purchase Decisions, Nadeesha Kushlanie Surasinha Thewarapperuma Aug 2013

Park Aid Systems: Factors That Affect Consumer Purchase Decisions, Nadeesha Kushlanie Surasinha Thewarapperuma

Electronic Theses and Dissertations

Backover crashes in the United States result in at least 300 fatalities and 17,000 injuries every year. Backover crashes occur when a non-occupant of a vehicle is struck by a vehicle moving in reverse. Children are particularly vulnerable. Of the 300 fatalities, at least 100 deaths are children under the age of five. Limited visibility is one factor behind these deaths. The deaths are especially tragic, since the availability of a simple park aid device can expand a driver’s field of vision during a reversal maneuver. Park aid devices include a rearview camera or a sensory system.

This ...