Perceived risk of punishment and the commission of homicides: a covariance structure analysis

Article Abstract:

An analysis of a covariance structure model, which regards the perceived risk as an endogenous latent variable indicated by two measures of punishments, has shown that the perceived risk of sanctions is negatively and significantly correlated with the rate of homicide commission. The analysis also found out that the perceived risk of sanction is positively and significantly correlated with the presence of police, which empirically supports Fisher and Nagin's resource saturation hypothesis.

Psychological aspects, Usage, Punishment, Homicide, Risk perception, Criminal behavior, Analysis of covariance, Covariance analysis

---

Military spending, government disarray, and economic growth: a cross-country empirical analysis

Article Abstract:

Gross domestic product (GDP) per capita growth is positively associated with GDP's average investment share and military expenditure share, as well as secondary schools' enrollment rate. On the other hand, growth rate is found to have a negative relationship with population growth rate and the initial level of real GDP per capita. An uncertain economic atmosphere resulting from government disarray creates a negative effect on real GDP per capita growth rate.

Economics, Gross domestic product, Economic history, National income

---

Learning by experience and learning by imitating successful others

Article Abstract:

A sample of 80 economics and econometrics majors from a university participated in an experiment to determine which type of learning can be experimentally observed. The three types of learning, which include learning from experience, learning by imitation, and learning from secondhand experience, were compared against the ideal Bayesian. Results supported the theory that individuals learn from their own experience but not as much as the model Bayesian would.

Research and Development in the Physical, Engineering, and Life Sciences, Mathematics, Bayesian statistical decision theory, Bayesian analysis, Learning, Knowledge, Theory of, Epistemology, Imitation

Similar abstracts:

• Abstracts: Sovereign credit spreads and the composition of the government budget. Deindustrialization and Changes in Manufacturing Trade: Factor Content Calculations for 1978-1995
• Abstracts: Determinants of intra-industry trade: a sensitivity analysis. Frontier technology and absorptive capacity: evidence from OECD manufacturing industries
• Abstracts: Perfect correlated equilibria. Existence and properties of equilibria for a dynamic game on productive assets
• Abstracts: Wage indexation and the exchange rate regime: a strategic analysis. The effect of changing monetary policy regimes on stock prices
• Abstracts: Hedge funds and the collapse of Long-Term Captal Management. Divergence, big time

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.