In 2011 Oregon enacted a public education open enrollment policy that gives students and families the choice of what school to attend, regardless of district lines. Despite the lack of public information, this policy will sunset this school year unless it is further extended during legislative session. This paper attempts...
This dissertation addresses issues concerning the behavior of firms, which has significant effects on performance. In the first study, we empirically investigate the effect of the reduction in number of firms on price competition in the U.S. macro-brewing industry. The number of macro brewing firms decreased from 766 in 1935...
The purpose of this study is to identify firm safety practices, safety technologies, and firm characteristics that are related to motor carrier accident rates. The theory of the firm suggests that firms maximize profit by investing in safety practices and safety technologies until marginal cost is equal to the marginal...
This dissertation addresses three topics on the implications of firm behaviors in creating and adopting knowledge of production, choosing international location for production and market access, and using informative advertising in a market competition with multidimensional product characteristics. The first study investigates the empirical evidence of local knowledge spillovers in...
This dissertation consists of two essays that address behavioral economics issues.
In first chapter we analyze the effects of psychological pressure on performance using National Basketball Association (NBA) free throw data from the 2002-2003 through 2009-2010 seasons. We find evidence that players choke under pressure – they shoot on average...
The objectives and characteristics of university biotechnology research, including its applicability to such industries as agriculture and food processing, arise from formal and informal linkages among university scientists, public and private-nonprofit funding sources, and industry. In the present study I develop, specify, and estimate a model of the supply and...
Increased efficiency of household energy-using appliances effectively lowers the price of the services these devices provide. Basic consumer theory predicts that ceteris paribus, these lower prices will increase usage, thus making the effect on total energy demand ambiguous. In the literature, this phenomenon
has been called the rebound effect. In...
Two essays are focused on semiparametric econometric methods. The first essay investigates applicability of the smooth back tting estimator (SBE) to statistical analysis of residential energy consumption. The second essay attempts to incorporate additivity restrictions into semiparametric stochastic frontier estimation. The procedure described in the first study is used to...
High concentration and low efficiency have plagued the Chinese banking industry since the establishment of the national banking system in China. Recently, foreign banks have been allowed to enter the Chinese market, and small and medium-sized commercial banks have expanded their market share. At the same time, Chinese bank efficiency...
This dissertation addresses issues of strategic behavior of firms in oligopoly markets. In the first study we analyze how generic advertising affects brand advertising and firm profits in differentiated oligopoly markets. We develop two models, one with vertical differentiation and another with horizontal differentiation. In the case of vertical differentiation,...