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Atlantic Economic Journal

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Responsibility to punish: discouraging free-riders in public goods games.(Report)
Introduction John Nash brought economists' attention to the potential for dissonance between social and individual optimums with his groundbreaking work in game theory. Similarly, the recent . . .

Economics, sociology, politics, and religion: success of marketing students.(ANTHOLOGY)
JEL D71 Various recent studies show the positive impact of a person's religiosity or spirituality on his or her ethical inclination and leadership effectiveness. UCLA's Higher Education . . .

Inflation in post-conflict countries: the case of Sierra Leone.(ANTHOLOGY)
JEL 050 Little formal analysis has been done on the causes of monetary disequilibrium in countries that have been ravaged by civil conflict over sustained periods of time. Sierra Leone is a case . . .

Patent infringement and royalty rates: is litigation a 'deterrent'?(ANTHOLOGY)
JEL K41 Patent infringement cases require that a damages expert put forth a reasonable royalty calculation to assist the trier of fact in determining damages absent the ability of the patent . . .

Gun ownership and the gun control index.(ANTHOLOGY)
Keywords Gun control * Gun ownership JEL K1 Most prior research on gun control has attempted to establish a link between gun control laws and crime rates. A smaller set of work has attempted to . . .

Hedging with a new risk-aversion concept.(ANTHOLOGY)
JEL D80 In this note, we apply a new definition of risk aversion to the standard hedging model where the firm (producer) is concerned with the negative impact of the shocks. From the perspective . . .

Additional evidence on the effect of class attendance on academic performance.(ANTHOLOGY)
JEL A20 * C12 Professors often claim that students who attend their classes regularly receive better grades and learn more than those who do not. Romer (Journal of Economic Perspectives 7, 1993), . . .

Motor vehicle output and GDP, 1968-2007.(Report)
Literature According to a recent National Bureau of Economic Research Working Paper by Barsky and Killian (2004), a "model that explains how an oil price shock may lower real GDP is the sectoral . . .

Single versus multi-market approach: an application to the Greek cotton market.(Report)
Introduction A number of complications arise in multi-market models that create confusion regarding the proper application of the theory. Complications due to the simultaneous nature of the price . . .

Determinants of the allocation of volunteer time: church-related versus other non-market activities.(Report)
Introduction Dating from Gary Becker's (1965) seminal work on time allocation, economists have studied a variety of time allocation decisions. One of the more interesting uses of the time . . .

Imperfect competition in German food retailing: evidence from state level data.(Report)
Introduction The European food retailing market is characterized by high and rising concentration and increased vertical dependency (Dobson et al. 2003). Politicians and economists have raised . . .

Premarital birth among young Hispanic women: evidence from semiparametric competing risks analysis.(Report)
Introduction The Aid to Families with Dependent Children (AFDC) program [replaced by Temporary Assistance for Needy Families (TANF)] was often blamed for increasing illegitimate births, declining . . .

PAC contributions from sectors of the financial services industry, 1998-2002.(Report)
Introduction The purpose of this paper is to examine the relationship between campaign contributions from political action committees (PACs) representing the financial services industry and . . .

Do campaign contributions and lobbying expenditures by firms create "political" capital?(Report)
Introduction In this paper we examine a simple yet important question: Are firm political contributions and lobbying a way of buying long-term influence? Specifically, our analysis examines the . . .

Influence of the number of statewide referenda involving emotionally-charged issues on voter turnout, 2006.(Report)
Introduction As Putnam (2000, p. 35) states, "Voting is by a substantial margin the most common form of political activity, and it embodies the most fundamental democratic principle of equality . . .

Win a world series, raise ticket prices. But, excessively?(ANTHOLOGY)
JEL L83 The Boston Red Sox celebrated wildly on the field in St. Louis in October 2004, having just completed a sweep of the Cardinals and ending an 86-year World Series championship drought. . . .

Power law versus exponential law in characterizing stock market returns.(ANTHOLOGY)
JEL G10 A relatively new line of research in financial economics has attracted the interest of physical scientists who are applying methods developed for strongly fluctuating dynamic physical . . .

The impact of exchange rate volatility on exports: a cross country analysis (1973-2004).(ANTHOLOGY)
JEL F10 * F33 With the move from fixed to flexible exchange rates in Europe in 1973, there was increasing concern about effects of exchange rate variability on trade. Economic theory is ambiguous . . .

Measuring the technology diffusion from multinational enterprises.(ANTHOLOGY)
JEL F01 * F20. F23 * O10. O15 * O31 * 047. 057. L24 Many empirical studies (e.g. Borensztein et al., Journal of International Economics, 1998) use FDI to GDP ratio to measure the technology . . .

The nature of shocks in Eurozone.(ANTHOLOGY)
JEL F30 * F33 The frequency and nature of shocks impacting the individual member countries is one of the major factors determining the success of a monetary union. Starting with the seminal work . . .

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