The Experts below are selected from a list of 2655 Experts worldwide ranked by ideXlab platform
Rune Elvik - One of the best experts on this subject based on the ideXlab platform.
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Explaining the distribution of State funds for national road investments between counties in Norway: Engineering standards or vote trading?
Public Choice, 1995Co-Authors: Rune ElvikAbstract:Road investment planning in Norway is officially based on cost-benefit analyses, but the results of such analyses have been shown to have little impact on policy. This paper analyses the distribution of state investment funds for national roads between counties in Norway, trying to find a Rational Choice Explanation of the departure of road investment policy from cost-benefit considerations. Three models are proposed to explain the distribution of investment funds between counties: (1) the highway sufficiency rating model, (2) the net economic benefit model and (3) the vote trading model. Analyses for 1990–93 and 1994–97 investment planning terms support the highway sufficiency rating model and the vote trading model. The net economic benefit model is not supported. The highway sufficiency rating model and the vote trading model are highly correlated, making their relative explanatory contributions impossible to identify.
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Explaining the distribution of State funds for national road investments between counties in Norway: Engineering standards or vote trading?
Public Choice, 1995Co-Authors: Rune ElvikAbstract:Road investment planning in Norway is officially based on cost-benefit analyses, but the results of such analyses have been shown to have little impact on policy. This paper analyses the distribution of state investment funds for national roads between counties in Norway, trying to find a Rational Choice Explanation of the departure of road investment policy from cost-benefit considerations. Three models are proposed to explain the distribution of investment funds between counties: (1) the highway sufficiency rating model, (2) the net economic benefit model and (3) the vote trading model. Analyses for 1990-93 and 1994-97 investment planning terms support the highway sufficiency rating model and the vote trading model. The net economic benefit model is not supported. The highway sufficiency rating model and the vote trading model are highly correlated, making their relative explanatory contributions impossible to identify. Copyright 1995 by Kluwer Academic Publishers
Dongwon Lee - One of the best experts on this subject based on the ideXlab platform.
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Essays on price rigidity on the internet: a massive quasi-experimental data mining approach
2006Co-Authors: Robert J. Kauffman, Dongwon LeeAbstract:Price rigidity involves the observation of prices that do not change with the regularity predicted by standard economic theory. As IT changes the process by which strategic pricing decisions are made and implemented in business operations, there is a need to develop a more substantial managerial understanding of firm pricing in production process terms. In the 1990s, technology-driven pricing was largely the domain of the airlines, hotels and rental car companies, with the practice of revenue yield management. However, now it is possible for bricks-and-clicks firms, and even traditional retailers, to implement systems that permit significant adjustments to be made to prices in situations where menu costs previously made rapid price changes difficult to achieve in an economical way. This dissertation is composed of three essays involving theory development and empirical research on the price rigidity in e-commerce. The first essay, entitled "An Analysis of Daily Price Change Activity in Internet Retailing ," is a case study exploring daily patterns of Internet pricing for the two major online bookstores, Amazon.com and BN.com at a micro-level of analysis, informing our understanding of how rigid prices are on the Internet. In the second essay, entitled "Price Rigidity in Internet-Based Selling: Theory and Evidence," I propose and evaluate a research framework to examine different theories of price rigidity. I also explore what variables can explain the observed empirical regularities and variations in price adjustment patterns of Internet-based retailers. Finally, my third essay, entitled " Price Points and Price Rigidity under Rational Inattention," investigates the practical importance of price points and their link to price rigidity. I also provide a Rational Choice Explanation for their existence, based on Rational inattention theory. This dissertation draws upon theoretical perspectives that are largely new to the field of Information Systems (IS), but that offer rich opportunities for theory building and empirical research in settings that will be of high interdisciplinary interest. Such interdisciplinary studies, I believe, will provide a distinctive foundation for IS research and serve as a guide to research for a variety of new economic phenomena in economies that are influenced by firm investments in Internet technology.
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AMCIS - Understanding Price Rigidity On The Internet: A Massive Quasi-Experimental Data Mining Approach
2005Co-Authors: Dongwon LeeAbstract:This research is a three-essay dissertation for theory development and empirical research on price rigidity in e-commerce. Price rigidity involves prices that do not change with the regularity predicted by standard economic theory. The first essay is a case study exploring daily patterns of Internet pricing for the two major online bookstores, Amazon.com and Barnes and Noble.com at a micro-level analysis, informing our understanding of “how rigid prices are on the Internet.” The second essay proposes and evaluates an Internet-based price rigidity model to predict what variables can explain the observed empirical regularities and variations in price adjustment patterns of Internet-based retailers. Finally, the third essay investigates the practical importance of price points on the Internet and provides a Rational Choice Explanation, based on “Rational inattention theory.” I also provide additional commentary on a new empirical research approach called the massive quasi-experimental data mining method, which employs time-series data to examine price adjustment patterns and price rigidity on the Internet. Taken together, this research draws upon new theoretical perspectives that are largely new to the field of information systems (IS), but that offer rich opportunities for theory building and empirical research in settings that will be of high interdisciplinary interest. I believe that such interdisciplinary studies have the potential to provide a distinctive foundation for IS research and can also serve as a guide to research on other economic phenomena in e-commerce.
Mauricio Soares Bugarin - One of the best experts on this subject based on the ideXlab platform.
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Vote splitting as insurance against uncertainty
Public Choice, 1999Co-Authors: Mauricio Soares BugarinAbstract:The present article offers a Rational Choice Explanation for political ticket splitting. It considers a game-theoretic model of voting and bargaining within Congress and between Congress and the president. When parties are ideologically oriented and voters' utilities are state dependent, the model shows that if there is uncertainty about the true state of the world, ticket splitting emerges as a tool risk-averse voters use in order to insure themselves against extreme policies in bad states of nature.
Carlo Barone - One of the best experts on this subject based on the ideXlab platform.
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A Neo-Durkheimian analysis of a new religious movement: The case of Soka Gakkai in Italy
Theory and Society, 2007Co-Authors: Carlo BaroneAbstract:Soka Gakkai is one of the world’s fastest-growing religious movements and Italy figures among the western nations where this religious group has been most successful. This article aims at explaining this success-story: why has Soka Gakkai, and particularly its Italian affiliation, grown so rapidly in recent years? This research question gives the opportunity to assess the applicability of the economic theory of religion to the growth of new religious movements. Hence, in order to explain the expansion of Soka Gakkai, this work begins with an examination of the adaptive strategies developed by a Japanese organization in the Italian religious market. It is claimed, however, that a Rational Choice Explanation cannot stand on its own and that we must take into account the dynamics of pre-contractual solidarity that promote trust, especially when the expected benefits promised by this organization to its adherents do not materialize. Moreover, these solidarity dynamics generate intense emotional gratification that works as a highly motivating incentive to sustain members’ commitment and to prevent them from dropping out. This pre-contractual solidarity is actively produced and continuously reproduced by means of ritual interaction along the lines suggested by Collins’s theory.
Milyojeffrey - One of the best experts on this subject based on the ideXlab platform.
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Sincere Versus Sophisticated Voting in Congress: Theory and Evidence
2015Co-Authors: Groseclosetim, MilyojeffreyAbstract:An asymmetry exists in the empirical literature on sophisticated voting in Congress. All studies that find supporting evidence of sophisticated voting have been only piecemeal—that is, they examine only one or a few roll calls. In contrast, the studies that systematically study many roll calls conclude that sophisticated voting is, at best, very rare. We are aware of three such systematic studies—those by Poole and Rosenthal (1997), Wilkerson (1999), and Ladha (1994). While Ladha's study has gone relatively unnoticed, we reexamine his results and explain why they may be the most important of all empirical work on sophisticated voting. In addition, we introduce a theoretical model, and we show how it, along with some subtle aspects of the rules for voting in the House and Senate, provides a Rational-Choice Explanation for the lack of sophisticated voting in Congress.
