Showing 1 - 10 of 16
Do network news agencies (ABC, CBS, and NBC) play their dominant strategies in selecting the lead news story (cover story) for nightly newscasts? The present paper seeks an answer to this question by employing elementary game-theory analysis and simple logit/ordered logit regression models to...
Persistent link: https://www.econbiz.de/10009207791
Until 1985, research in the economics literature on state lotteries was based on the simplifying assumption that administrative costs were constant. DeBoer (1985) provided empirical evidence supporting the idea that average administrative costs are not constant, but decline with output. In other...
Persistent link: https://www.econbiz.de/10009277321
The present paper used national data to examine the outcome of political redistricting (in the United States), from the 1982 amendments to the Voting Rights Act of 1965, on congressional quits (retirements) in the U.S. House of Representatives. Our results suggest that the redistricting efforts...
Persistent link: https://www.econbiz.de/10005435410
This note reviews the signalling models presented in the monetary economics literature, and offers a supplementary interpretation regarding the observed US Treasury primacy in signalling. It is argued here that the legal authority given to the US Treasury, under the Gold Reserve Act of 1934, for...
Persistent link: https://www.econbiz.de/10005437686
This study offers a new approach to measure the adoption practices of right-to-work legislation by states over time. By allowing the dependent variable to represent the number of years a state has had the RTW legislation (with 1989 as the terminal year), the intensity of adoption can be...
Persistent link: https://www.econbiz.de/10005468021
This note explores the decay of social norms using a model of the production of social order in the context of 'rules' employed by cities/municipalities to 'govern' activities during Halloween. The empirical results suggest that population homogeneity, the upper class' scope for 'purchasing'...
Persistent link: https://www.econbiz.de/10005471422
This note explores the decay of social norms using a model of the production of social order in the context of 'rules' employed by cities/municipalities to 'govern' activities during Halloween. The empirical results suggest that population homogeneity, the upper class' scope for 'purchasing'...
Persistent link: https://www.econbiz.de/10005265536
The present note provides an extension of the Mixon and Gibson (2001) study of the retention of various types of concealed gun laws across the 50 states of the US by developing a simultaneous system of demand (interest group) and supply (legislative) equations as a 'market for laws'. This...
Persistent link: https://www.econbiz.de/10009195880
A ranking is provided of Southern economics departments and Southern economists using research output data indexed by the Journal of Economic Literature's EconLit database from 1982-1997. Ranking results from a smaller 'core' of each Southern institution's American Economic Association members...
Persistent link: https://www.econbiz.de/10009196104
Tullock recently offered six possible explanations for the observed size disparity between the rent-seeking industry in the major democracies and the value of the actual rent to be derived. One of these is the possibility that rent-seeking is considered immoral by large segments of society, who...
Persistent link: https://www.econbiz.de/10009202579