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volunteers have been utilized in Extension for over 50 years, serving on program area committees to develop programs that meet … program area committees. However, 42 percent of the respondents disagreed or remained neutral to subject matter specialists … education as a motivational factor for serving on the Ag/NR committees. Committee members feel strongly about assisting with …
Persistent link: https://www.econbiz.de/10009465244
experimental manipulations are implemented to test various aspects of this model. These experiments use five-person committees with …
Persistent link: https://www.econbiz.de/10009468404
"In this paper we formulate a cost-induced equilibrium concept. This equilibrium is generated from transaction costs connected with a sequential agenda process. Our claim is that most collective choice Institutions carry with them decision costs. If these transaction costs are very large, they...
Persistent link: https://www.econbiz.de/10009468499
In this paper, we study committee decision making process using game theory. By a committee, we mean any group of people who have to pick one option from a given set of alternatives. A well defined voting rule is specified by which the committee arrives at a decision. Each member has a...
Persistent link: https://www.econbiz.de/10009430933
This dissertation is composed of three essays considering the role of private information in economic environments. The first essay considers efficient investments into technologies such as auditing and enforcement systems that are designed to mitigate information and enforcement frictions that...
Persistent link: https://www.econbiz.de/10009439044
Drawing on the theoretical and empirical evidence that private information risk is priced in the expected returns of equities, we hypothesize that information risk premium is an important component of the risk premium that leads to the violation of uncovered interest rate parity (UIRP). Using an...
Persistent link: https://www.econbiz.de/10009440723
We study the quantitative properties of constrained efficient allocations in an environment where risk sharing is limited by the presence of private information. We consider a life cycle version of a standard Mirrlees economy where shocks to labor productivity have a component that is public...
Persistent link: https://www.econbiz.de/10009440991
In this dissertation I study theories on auctions with participation costs withvarious information structure.Chapter II studies equilibria of second price auctions with differentiated participationcosts. We consider equilibria in independent private values environments wherebidders? entry costs...
Persistent link: https://www.econbiz.de/10009465016
Financial analysts are an important group of information intermediaries in the capital markets. Their reports, including both earnings forecasts and stock recommendations, are widely transmitted and have a significant impact on stock prices (Womack 1996; Lys and Sohn 1990, among others). Empirical...
Persistent link: https://www.econbiz.de/10009465202
University of Minnesot Ph.D. dissertation. July 2010. Major: Economics. Advisor: Larry E. Jones and Narayana R. Kocherlakota. 1 computer file (PDF); vi, 99 pages, appendices A-B.
Persistent link: https://www.econbiz.de/10009462799