Obama’s Mortgage Modification Program A Colossal Flop

December 20, 2012 by | Economic Science Institute

“If housing tends to lead economic recoveries, then we’re in trouble. This marks the worst post-recession home-buying market since the Great Depression. Nobel laureate Professor Vernon L. Smith, who delivered the keynote address at the Cato Institute’s 30th Annual Monetary Conference on Nov. 15, noted how housing leads both recession and recoveries.” Read the full


IFREE/ESI Lecture Series Presents Quazi Shahriar, Ph.D., “When Does Cheap-Talk (Fail to) Increase Efficient Coordination?”

December 7, 2012 by | Economic Science Institute

Dec. 7th, Quazi Shahriar, Ph.D. – When Does Cheap-Talk (Fail to) Increase Efficient Coordination? Abstract: Can cheap-talk always help achieve maximum efficiency in situations that require coordination? Utilizing a class of two-person two-action coordination games, we show experimentally that cheap-talk may or may not be informative, rending it helpful for or detrimental to efficiency (relative


The IFREE/ESI Lecture Series Presents Chew Soo Hong, Ph.D., “How does familiarity breed investment?”

November 30, 2012 by | Economic Science Institute

Nov. 30th, Chew Soo Hong, Ph.D. – How does familiarity breed investment? Abstract: In his 1921 Treatise on Probability, John Maynard Keynes offered a striking hypothesis about decision making under uncertainty: “… if two probabilities are equal in degree, ought we, in choosing our course of action, to prefer that one which is based on


Chapman University honors Entrepreneur of the Year Arbonne International CEO Kay Napier

November 19, 2012 by | Leatherby Center

Chapman University’s Leatherby Center for Entrepreneurship will host its third annual Entrepreneur of the Year Award Dinner honoring Katherine “Kay” Napier, CEO of Arbonne International. The dinner will take place Feb. 27, 2013, in Chapman University’s Sandhu Conference Center. Kay Napier has served as the Chief Executive Officer of Arbonne International ─ a privately held


IFREE/ESI Lecture Series Presents: Uri Gneezy, Ph.D. on “Incentives and Behavior Change”

November 9, 2012 by | Economic Science Institute

Nov. 9th, Uri Gneezy, Ph.D.– Incentives and Behavior Change Abstract: Economists often emphasize that “incentives matter.” The basic “law of behavior” is that higher incentives will lead to more effort and higher performance. Employers, for example, often use extrinsic incentives to motivate their employees. In recent years, the use of incentives in behavioral interventions has


The IFREE/ESI Lecture Series Presents Glenn Harrison, Ph.D., “Asset Integration and Attitudes to Risk”

November 2, 2012 by | Economic Science Institute

Nov. 2nd, Glenn Harrison, Ph.D.  – Asset Integration and Attitudes to Risk Abstract: Measures of risk attitudes derived from experiments are often questioned because they are based on small stakes bets and do not account for the extent to which the decision-maker integrates the prizes of the experimental tasks with personal wealth. We exploit the


Argyros Student Profile – Sarah Luna – MBA Candidate

October 25, 2012 by | Graduate & MBA

As a new feature of the blog, we will be profiling some of our students at the Argyros School of Business and Economics.  This week, we talk to Sarah Luna, an MBA student who is an entrepreneur CEO committed to teaching fitness and well-being. She explains why she chose the MBA program at Chapman University

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