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This paper outlines a simple approach for incorporating extraneous predictions into structural models. The method allows the forecaster to combine predictions derived from any source in a way that is consistent with the underlying structure of the model. The method is flexible enough that...
Persistent link: https://www.econbiz.de/10013146895
Our purpose is to examine the extent to which lakefront property owners view the invasive species zebra mussels and water milfoil as a dis-amenities. While both the ecological and aesthetic impacts of milfoil are universally negative, it less clear how property owners might view zebra mussel...
Persistent link: https://www.econbiz.de/10013063147
In response to the Covid-19 pandemic, universities shifted from predominantly in-person learning to fully online instruction in early 2020. Subsequent semesters faced continued uncertainty regarding course modalities, with institutions adopting an idiosyncratic mix of formats dependent on...
Persistent link: https://www.econbiz.de/10013314113
Undergraduate students are often interested in and benefit greatly from applications of economic principles. Historical novels drawn from real-world situations can engage students with economic concepts in new ways and provide a useful tool to help enhance instruction. In this article, the...
Persistent link: https://www.econbiz.de/10010974881
We use Meta-Regression Analysis (MRA) to investigate how study design influences the finding of a gender gap in the economics education literature. We survey 65 studies published in the <italic>American Economics Review Papers and Proceedings</italic> and the <italic>Journal of Economic Education</italic> over the past 30 years,...
Persistent link: https://www.econbiz.de/10010976401
The conventional wisdom has been that men outperform otherwise equivalent women in collegiate economics courses. Recent work in science, technology, engineering, and mathematics (STEM) fields documenting gains by women suggests that it is time to reevaluate the gender performance gap in...
Persistent link: https://www.econbiz.de/10010953034
Benjamin Franklin, Thomas Jefferson, and George Logan formed the core of the American Physiocratic School. Heavily infuenced by direct contact with the French, the Americans argued that agriculture was the sole source of surplus value; this theory was used to push for pro-agrarian policies, free...
Persistent link: https://www.econbiz.de/10010930413
Persistent link: https://www.econbiz.de/10011254442
Purpose – Wicksell's contributions to welfare economics are viewed as largely aligned with Pareto efficiency and James Buchanan's work in public choice. This conflicts with the Scandinavian representation of Wicksell as the forefather of the modern Swedish socialist economy. The purpose of...
Persistent link: https://www.econbiz.de/10009319857
"This paper describes an internationally-oriented course module for intermediate microeconomics. We describe the collaboration project as well as the results of implementing it at an U.S. and Peruvian university. In the project, U.S. university students were partnered with comparable students at...
Persistent link: https://www.econbiz.de/10010842553