In this paper the reading behaviour of economists is examined to see whether particular typesof knowledge - basic and applied - imply different investment patterns. As it turns out, thereading intensity of advanced theoretical and empirical literature declines with three to fourpercent per year...

We develop a behavioral theory of real options that relaxes the informational and behavioral assumptions underlying applications of financial options theory to real assets. To do so, we augment real option theory's focus on uncertain future asset values (prospective uncertainty) with feedback...

I received an internal grant from the College of Business, University of Nevada-Las Vegas to conduct a Twitter experiment in my large Principles of Microeconomics class (177 students) during the Fall Semester of 2010 and in my large Principles of Macroeconomics class (145 students) during the...

This paper shows that an economy with unobservable preference shocks can be temporarily explosiveif adaptive learning agents focus on short run optimization but ignore long run constraints. However,when agents slowly learn that the economy will not be sustainable under the explosive path, they...

I In response to the COVID-19 pandemic, universities closed to face-to-face learning, shifting entirely to online instruction midway through the spring 2020 semester. In this paper, we compare student performance in the COVID-19 affected semester to that of the previous three unaffected...

In this paper, I look at the possibility that sea pirates increase their performance over time. I consider three main determinants of performance as far as maritime piracy is concerned: The distance of the attacks which highly depends on the material and financial capacity of pirates, the...