19,146 research outputs found

    What's Wrong with Moral Deference?

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    Time-Symmetric Rolling Tachyon Profile

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    We investigate the tachyon profile of a time-symmetric rolling tachyon solution to open string field theory. We algebraically construct the solution of [arXiv:0707.4472] at 6th order in the marginal parameter, and numerically evaluate the corresponding tachyon profile as well as the action and several correlation functions containing the equation of motion. We find that the marginal operator's singular self-OPE is properly regularized and all quantities we examine are finite. In contrast to the widely studied time-asymmetric case, the solution depends nontrivially on the strength of the deformation parameter. For example, we find that the number and period of oscillations of the tachyon field changes as the strength of the marginal deformation is increased. We use the recent renormalization scheme of [arXiv:1412.3466], which contains two free parameters. At finite deformation parameter the tachyon profile depends on these parameters, while when the deformation parameter is small, the solution becomes insensitive to them and behaves like previously studied time-asymmetric rolling tachyon solutions. We also show that convergence of perturbation series is not as straightforward as in the time-asymmetric case with regular OPE, and find evidence that it may depend on the renormalization constants.Comment: 27 pages, 8 figures; reference added, extended discussion of numerical integratio

    Rationality, Tort Reform and Contingent Valuation: A Classroom Experiment in Starting Point Bias

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    This simple classroom experiment demonstrates the existence of starting point bias. Asked to place a dollar value on a non-market good such as the loss of a limb or the destruction of a wetland, students place a much smaller value on the loss if a small value is first suggested by the questioner while placing a significantly higher value on the loss when a large value is originally suggested. This experiment can be used in theory classes to demonstrate the limits of individual rationality or in applied classes in law or environmental economics in relation to tort reform or contingent valuation.starting point bias, contingent valuation, tort reform, classroom experiment, experimental economics

    Alternative Methods of Calculating Optimal Timber Rotations: A Critique of the Stokey/Lucas/Prescott Tree-Cutting Problem

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    The traditional question of optimally deciding when to cut down a tree is among the most commonly posed questions asked of students learning the technique of dynamic programming. This paper shows that the traditional tree-cutting example is improperly formulated when the question of replanting is addressed, derives the proper method of finding optimal harvest length, and applies this method to an empirical forest growth function.forestry, dynamic programing, tree cutting problem

    The Effects of Labor Strikes on Consumer Demand: A Re-examination of Major League Baseball

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    Previous research has concluded that the 1981 and 1994/95 Major League Baseball (MLB) strikes have caused short-term losses in attendance but have not resulted in any long-term effects on attendance. While total attendance at MLB games following the 1994/95 strike has recovered to its pre-strike levels, this has been done only through the construction of new stadiums at an unprecedented pace which cannot continue into the future. After accounting for stadium effects, average MLB baseball attendance has dropped significantly since the 1994/95 strike.baseball, strikes, sports, attendance

    Mega-Events: The effect of the world’s biggest sporting events on local, regional, and national economies

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    This paper provides an overview of the economics of sports mega-events as well as a review of the existing literature in the field. The paper describes why boosters’ ex ante estimates of the economic impact of large sporting events tend to exaggerate the net economic benefits of these events and surveys the results of a large number of ex post studies of exploring the true impact of mega-events.sports, impact analysis, mega-events

    Sports and the Law: Using Court Cases to Teach Sports Economics

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    The purpose of this paper is two-fold. First, it lays forth a rationale for the use of court cases in teaching a sports economics class. Second, it provides an overview of the most important cases related to sports economics. Court classes allow students to develop critical reading and reasoning skills while allowing the instructor to present readings outside the standard textbook that are accessible to most undergraduates. A sports economics course with a focus on legal issues also broadens the course to fit better within a liberal arts education rather than being a narrow speciality field.sports, court cases, legal economics

    When Artists Fall: Honoring and Admiring the Immoral

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    Is it appropriate to honor artists who have created great works but who have also acted immorally? In this article, after arguing that honoring involves identifying a person as someone we ought to admire, we present three moral reasons against honoring immoral artists. First, we argue that honoring can serve to condone their behavior, through the mediums of emotional prioritization and exemplar identification. Second, we argue that honoring immoral artists can generate undue epistemic credibility for the artists, which can lead to an indirect form of testimonial injustice for the artists’ victims. Third, we argue, building on the first two reasons, that honoring immoral artists can also serve to silence their victims. We end by considering how we might respond to these reasons

    The education of looked after children in Scotland : some comparisons with Scandinavian countries and Finland

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    The purpose of this research briefing is to present quantitative research studies and national government statistics that allow comparisons to be made between Scotland's performance in relation to the education of looked after children, and that of Denmark, Norway, Sweden and Finland

    Research Note : Contrary Evidence on the Economic Impact of the Super Bowl on the Victorious City

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    Previous research has indicated a surprising statistically significant impact on the local economy in the city that wins the Super Bowl. An analysis of personal income growth in victorious Super Bowl cities from 1972-2000 cannot further confirm these results, finding no statistically significant effect on the local economies of these cities.
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