Research supports the conclusion that an earned college degree enhances ones’ financial earning potential. As vehicles empowered with the ability to positively impact the earning power of African Americans in the United States, it is important that postsecondary HBCUs examine and evaluate the...

This paper empirically captures the interrelationships between the stock markets and interest rates for a set of Asian markets by means of a new technique called co-dependence. It uses a set of data for three countries in Asia - India, Pakistan and Bangladesh, over a time period spanning from...

This paper reports an econometric test of a one-minute paper assignment used as a tool to manage and assess instruction in my statistics class. One of the findings is that the one minute paper when tested by using an OLS estimate in a controlled vs. experimental design framework is found to be...

The paper is a journey into the dilemmas faced by economists attempting to justify and expand the scope of the theory in the direction of bounded rationality. The Robbins-Monro Algorithm that introduces stochastic approximation could be applied to more rational decisions making. Some of the...

Based on the assumptions of the neo-Keynesian distribution theory and using an information-theoretic approach this paper derives the distribution of income between income units. This makes it possible for the theory of functional distribution to handle more complicated social relations and...

The famous 1968 Witsenhausen counterexample demonstrated that for a multi-agent linear quadratic Gaussian (LQG), the optimal linear solution is, in general sub-optimal. The counterexample was a chosen distributed control system (and hence a system with a non-classical information pattern) that...