2045 research outputs found
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Is Projection Bias Present within a General Manager’s Decision-Making Process within Major League Baseball (MLB)?
Get PDFThroughout my research I seek to understand the role projection bias plays within Major League Baseball (MLB). Projection bias stems from the field of behavioral economics, which as a whole seeks to understand the psychological side of the individual’s economic decision-making process. MLB teams have contuinally seeked ways to better analyze the performance of players prior to signing them. By limiting projection bias, teams will be able to better allocate their funds to players who are most likely to remain consistent or even increase in performance folowing the contract. White and Sheldon (2014) show through empirical evidence that MLB players tended to increase their performance in the year prior to entering free agency. Their study also demonstrated that players tended to decline in performance following their contract. It is possible that this phenomenon known as contract theory is a reasoning for the decline in player performance; however, General Managers also may be at fault for this occurrence. In my research, I analyze players who have signed long-term deals while comparing their statistics pre and post contract. My results show which General Managers have been more susceptible to projection bias while also discussing the potential causes
The Effect of Chinese Foreign Direct Investment on Economic Growth in the Asian Region
Get PDFThis paper examines the effect of Foreign Direct Investment (FDI) on economic growth. Following a theoretical model of endogenous growth to analyze this relationship, I use a log linear regression with country and time fixed effects. I focus specifically on Chinese FDI in 6 Asian countries: Hong Kong, South Korea, Indonesia, Thailand, Malaysia, and the Philippines. I reach the conclusion that FDI does not have a significant impact in this particular case. I further conclude that the growth rate of the population and the level of human capital have a significant effect on economic growth
When More Is Worse: Different Product Types And Choice Overload
Get PDFAlthough standard choice theory argues that consumers benefit from large assortments, choice overload theory argues that consumers instead face unexpectedly demotivating outcomes from having too many options. This investigation uses a conceptual framework to compare consumer purchasing decisions for different types of products to see whether consumers face choice overload in a similar or different fashion. Results reveal that for products such as food, electronics, and investments, consumers experience choice overload when assortments are large and when presentation of options are in a difficult-to-comprehend format. Luxury products do not seem to follow this pattern, however. Businesses and policymakers should take note of these findings and create choice formats which aim to reduce the cognitive effort consumers require to make purchasing decisions in order to reduce consumers’ experience of choice overload
Examining the Employment Effect of Minimum Wage Increase for Major Race and Ethnicity Groups
No full textThis study examines how minimum wage increase affect the employment for different race and ethnicity group using a fixed-effect model. By using the ACS 1-year estimates data from 2009 to 2017 and the independent variable that captures the Minimum wage change for all states and the District of Columbia for the same period of time, I am able to find the overall minimum wage effect on employment as well as the effect for individuals from different race and ethnicity groups across the entire country. The primary result indicates there is no significant minimum wage effect on employment for my sample between 2009 and 2017. However, when focusing on each major race and ethnicity groups, I find there are significant and negative minimum wage effects on employment for Blacks or African Americans and Hispanics or Latinos
Spectroscopic Study of Low-Pressure Oxygen Plasmas and Their Reaction with Chemisorbed Hydrocarbons
Get PDFLying on the Kitchen Floor
No full texthttps://creativematter.skidmore.edu/lib_stu_art_fall2019/1011/thumbnail.jp
Intergenerational Differences in Income among Asian Americans
Get PDFUsing three generational cohorts, this paper compares the effects of generational status on earnings among seven Asian ethnic groups: Indian, Chinese, Filipino, Vietnamese, Korean, Japanese, and multi-race. Data from the 2014, 2016, and 2018 Current Population Survey were used to investigate income differences between first, second, and third and higher generations of Asian Americans. Total personal incomes of a sample of 16,521 individuals were analyzed. The findings showed that only Chinese, Filipino, and Korean individuals demonstrate income differences between first and second generations, where those who are second generation have higher incomes on the average than those who are first generation. Education has the strongest effect on income for all ethnic groups. In addition, results indicate that Asian women have lower personal incomes than Asian men on average. Among older respondents, all but one of the six Asian ethnic groups have higher personal incomes than those of younger respondents. The straight-line assimilation theory is partially confirmed by the first and second generations of Chinese, Filipino, and Korean. The study also indicates that the paths towards economic assimilation vary for different Asian ethnic groups
Sound Spectrogram Analyses -3
No full texthttps://creativematter.skidmore.edu/altered_books_2019/1017/thumbnail.jp
Children\u27s Early Phonological Patterns -2
No full texthttps://creativematter.skidmore.edu/altered_books_2019/1020/thumbnail.jp
Examining the Impact of Consolidated Ownership on Ticket Pricing in the Ski Industry: A Hedonic Price Model
Get PDFThis paper examines the impact of recent consolidation within the North American ski industry on day ticket and season pass prices. It utilizes a unique cross-sectional data set consisting of 120 ski areas in the US and Canada for the 2018/19 ski season. Using an OLS hedonic price model, I find that conglomerate owned ski areas price day tickets and season passes well above those of independent ski areas. However, for ski areas that are included on multi-area season passes such as the Epic or Ikon Pass, consumers actually pay a far lower price for their season passes. This is possible because the vertical integration of conglomerate owners enables them to extract additional profits from ancillary revenue streams such as dining and lodging. The results provide evidence that conglomerates possess elevated pricing power but cannot conclusively present a case for antitrust intervention