Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10001968976
If we model microeconomic systems in terms of their information processing characteristics, we may find it useful to compare our models to those produced by the discipline devoted to the study of information processing. Computer science, and in particular its sub-field of software engineering,...
Persistent link: https://www.econbiz.de/10012964971
Using self-reported data from banks in mainland China, I apply a technique used in forensic accounting based on Benford's Law to detect fraudulent manipulation of non-performing loan (NPL) figures. I find large data anomalies consistent with false reporting in mainland banks that do not appear...
Persistent link: https://www.econbiz.de/10012964973
I conduct an event studies analysis of the effect of corporate name changes on short-term stock price movements for companies listed on the New York Stock Exchange. Using the NYSE Composite Index as a baseline for comparison, I find that changing corporate name has a small positive effect on...
Persistent link: https://www.econbiz.de/10012964974
We can better understand the cost that climate change may impose on underdeveloped countries in the future by examining the cost imposed by climate change on developed countries in the past. Using Europe of the 19th century as a model since it resembled modern day under developed areas, I...
Persistent link: https://www.econbiz.de/10012964977
This paper examines whether corruption can be an efficiency enhancing adaptation to poor institutional environments. Prior research on this question has not taken into account the heterogeneity of corruption or the possibility that petty bureaucratic corruption in the form of bribery may grease...
Persistent link: https://www.econbiz.de/10012964978
The purpose of this project is to determine if calendar effects observed in stock markets can be explained by prospect theory. In order to answer this question, I have created an agent based model simulating a stock market. There was no sign of any calendar effect in any of the configurations...
Persistent link: https://www.econbiz.de/10012964979
I conduct an on-line experiment to decompose giving in a dictator game into amounts motivated by pure altruism and amounts motivated by the warm glow of giving as defined in Andreoni (1989). By manipulating the price of benefit to the recipient while holding the price of the act of giving...
Persistent link: https://www.econbiz.de/10012917118