We report the results of a laboratory experiment investigating propagation of beliefs in a social network. During the experiment, participants faced several questions having objectively correct answers and could update their answers several times based on aggregate information about answers...

Data from the California Learning Assessment Systemare used to examine certain characteristics of testsdesigned as the composites of items of different modes.The characteristics include rater severity, test information,and definition of the latent variable. Three differentassessment...

Cities have started to restructure themselves into 'smart cities' to address the challenges of the 21st Century-such as climate change, sustainable development, and digital disruption. One of the major obstacles to success for a smart city is to tackle the mobility and accessibility issues via...

This paper investigates the difference in growth effects of human capital in African countries and the rest of the world. Using an expanded neoclassical growth model, panel data, a dynamic panel estimator and a broader definition of human capital including both health and education, we find that...

Betting market odds for Major League Baseball are used to examine the level of uncertainty of outcome, an ex-ante form of competitive balance. The efficient markets hypothesis cannot be rejected for the years 1990-2006 in Major League Baseball. Therefore, the odds provide an ex-ante measure of...

We evaluated the psychometric properties of the London Measure of Unplanned Pregnancy among Indian women using classical methods and Item Response Modeling. The scale exhibited good internal consistency and internal structure, with overall scores correlating well with each item’s response...

The federal government has imposed a minimum wage since 1938, and nearly all the states impose their own minimum wages. These laws prevent employers from paying wages below a mandated level. While the aim is to help workers, decades of economic research show that minimum wages usually end up...

Social preferences and formal contract enforcement are two mechanisms that facilitate performance of an agreement. The standard argument is that formal contracting substitutes when social preferences are lacking. We, alternatively, explore the hypothesis that social preferences and contract...

This open access book proposes a conceptual framework for understanding measurement across a broad range of scientific fields and areas of application, such as physics, engineering, education, and psychology. It addresses contemporary issues and controversies within measurement in light of the...