The problem of deciding exactly how to allocate a limited amount
of capital resources among competing investment alternatives in order
to provide the greatest economic benefit to the business enterprise has
been a subject of interest for nearly a century. Many decision models
and methods for evaluation and comparison of...
This paper explores the contributions of social capital, social connections, and stakeholder engagement to the goals of ecosystem-based management in a local scale marine planning process. The body of work presented here, through a journal article and report, uses the lens of social capital to evaluate stakeholder engagement in making...
This dissertation consists of two papers on International Trade topics. The first paper addresses the development of trade patterns between countries in transition and developed economies. The second paper focuses on the nonparametric estimation of the Knowledge-Capital model of multinationals. The first paper provides a framework for understanding patterns of...
The purpose of this thesis is to provide an estimate of sunk costs in the U.S. brewing industry and analyze the relationships among sunk costs, advertising, and concentration. The estimation procedures involves three steps: (1) estimation of the market value of new and used plant and equipment per barrel of...
Governments have employed special capital gains taxes to curb speculation in real estate and raise public revenue. Economic theory suggests that the introduction of a gains tax with a declining rate structure over time will induce prospective buyers to reduce their demand for land and will induce sellers to offer...
Massively multiplayer role-playing games (MMORPG) are becoming a popular leisure activity world-wide. MMORPG players have created a new kind of market, one for virtual possessions. Some players will buy and sell virtual goods for real-world money. Many game developers oppose this real-market trade because it threatens the control of their...
This study seeks to explore the relationship between social capital and well-being in the rural Western United States. Mixed methods were employed to understand the concepts from multiple angles, using both profile and process indicators. An econometric approach used profile indicators and relied on data from 414 counties in the...