A collection of published articles from members of the Department of Economics, Finance & Quantitative Analysis at Kennesaw State University.
Visit the full list of Faculty Publications to view the work from other departments on campus.
Submissions from 2009
Dogs No Longer Man's Best Friend: A Test of Football Market Efficiency, Ladd Kochman
GATT/WTO Promotes Trade Strongly: Sample Selection and Model Specification, Xuepeng Liu
Trade and Income Convergence: Sorting Out the Causality, Xuepeng Liu
Impact of Facility Damages on Hospital Capacities for Decision Support in Disaster Response Planning for an Earthquake, Jomon Paul and Li Lin
The Influence of Roles, Advocacy, and Adaptation to the Accounting Decision Environment, Robert Pinsker, Robin Pennington, and Jennifer Schafer
Justification and Self Review: Mitigating Irrelevant Affect in Accounting Judgments, Brad Schafer and Jennifer Schafer
Submissions from 2008
Biases in Individual Forecasts: Experimental Evidence, Lucy Ackert, Bryan K. Church, and Kristen Ely
What Affects the Market’s Ability to Adjust for Optimistic Forecast Bias? Evidence from Experimental Asset Markets, Lucy F. Ackert, Bryan K. Church, and Ping Zhang
Arbitrage, Liquidity, and the Valuation of Exchange Traded Funds., Lucy F. Ackert and Yisong S. Tian
Selling Licences for a Process Innovation: The Impact of the Product Market on the Selling Mechanism, Aniruddha Bagchi
Health Status and Health Dynamics in an Empirical Model of Expected Longevity, Hugo Benítez-Silva and Huan Ni
Information, Credit Risk, Lender Specialization and Loan Pricing: Evidence from the DIP Financing Market, Kenneth Daniels and Gabriel G. Ramirez
Board Structures Around the World: An Experimental Investigation, Ann B. Gillette, Thomas H. Noe, and Michael J. Rebello
The Networking Function of Investment Banks: Evidence from Private Investments in Public Equity, Rongbing Huang, Zhaoyun Shangguan, and Donghang Zhang
Panel Vector Autoregression Under Cross-Sectional Dependence, Xiao Huang
Income Determinants of Low Income Credit Unions, Curtis M. Jolly, Ellene Kebede, and Alison Keefe
The Consequences of Information Revealed in Auctions, Brett E. Katzman and Matthew Rhodes-Kropf
Will Competitive Bidding Decrease Medicare Prices?, Brett Katzman and Kerry Anne McGeary
Falling Knives: Extreme Value Investing, Ladd Kochman and James Tompkins
The Political Economy of Free Trade Agreements: an Empirical Investigation, Xuepeng Liu
Why Iraq?, Anton D. Lowenberg and Timothy Mathews
Assignment of the Property Tax: Should Developing Countries Follow the Conventional View?, Jorge Martinez-Vazques, Mark Rider, and Luc Noiset
Participation Incentives in Rank Order Tournaments with Endogenous Entry, Timothy Mathews and Soiliou Daw Namoro
How Important is Asymmetric Covariance for the Risk Premium of International Assets?, Stefano Mazzotta
Performance, Bias, and Efficiency of Foreign Exchange Correlation Forecasts, Stefano Mazzotta
Contributions of Advertising Assets and R&D Assets to the Market Value of the Firm, Tom W. Miller and Richard E. Mathisen
An Expanded Concept of Capital in Development Economics, Luc Noiset
A Revelation Principle for Dominant Strategy Implementation, Jesse Schwartz and Quan Wen
An Approach for Incorporating the Topic 'Ethics in Research' into an Introductory Statistics Course, Penny Verhoeven and Hope Baker
Submissions from 2007
When the Shoe is on the Other Foot: Experimental Evidence on Valuation Disparities, Lucy Ackert, Bryan K. Church, and Gerald P. Dwyer
Provision of Non-audit Services and Individuals’ Investment Decisions: Experimental Evidence, Lucy Ackert, Bryan K. Church, and Arnold Schneider
Auditor Reputation and Individuals’ Investment Decisions, Lucy F. Ackert, Bryan K. Church, and Arnold Schneider
Voting on Tax Policy Design: A Test of the Selfish versus Social Preferences Hypothesis, Lucy Ackert, Ann B. Gillette, Jorge Martinez-Vazquez, and Mark Rider
Information Opacity, Credit Risk, and the Design of Loan Contracts for Private Firms, Lucy Ackert, Rongbing Huang, and Gabriel G. Ramirez
Social Preferences and Tax Policy Design: Some Experimental Evidence, Lucy Ackert, Jorge Martinez-Vazquez, and Mark Rider
Debt Restructurings, Holdouts, and Exit Consents, Kenneth Daniels and Gabriel G. Ramirez
Debtor-in-Possession Financing and the Resolution of Uncertainty in Chapter 11 Reorganizations, Upinder S. Dhillon, Thomas Noe, and Gabriel G. Ramirez
The Unconditional and Conditional Exchange Rate Exposure of U.S. Firms, Jan Ericsson, Xiao Huang, and Stefano Mazzotta
An Empirical Investigation of the Social Market for Cigarettes, Brett E. Katzman, Sara Markowitz, and Kerry Anne McGeary
A Subsidized Vickrey Auction for Cost Sharing, Jesse Schwartz and Quan Wen
Wage Negotiation under Good Faith Bargaining, Jesse Schwartz and Quan Wen
Submissions from 2006
An Experimental Examination of the House Money Effect in a Multi-Period Setting, Lucy Ackert, Narat Charupat, Bryan K. Church, and Richard Deaves
Margin, Short Selling, and Lotteries in Experimental Asset Markets, Lucy Ackert, Narat Charupat, Bryan K. Church, and Richard Deaves
Firm Image and Individual Investment Behavior, Lucy Ackert and Bryan K. Church
The Relationship Between Medical Care Costs and Personal Bankruptcy, Billie Ann Brotman
If at First You Don’t Succeed: The Effect of the Option to Resolicit on Corporate Takeovers, Ann B. Gillette and Thomas H. Noe
An Analysis of UK Net Beef Imports during the Mad Cow Crisis: Implications of a J-Shaped Curve, Sonja B. Langley and Alison Keefe
The Role of Varying Risk Attitudes in an Auction with a Buyout Option, Timothy Mathews and Brett E. Katzman
Research on India and China: Interconnections and Comparisons, Penelope B. Prime
Wage Bargaining under the National Labor Relations Act, Jesse Schwartz and Quan Wen
Macroeconomic Conditions, Firm Characteristics, and Credit Spreads, Dragon Yongjun Tang and Hong Yan
Submissions from 2005
The Relationship between Short Interest and Stock Returns in the Canadian Market, Lucy Ackert and George Athanassakos
Circuit Breakers with Uncertainty About the Presence of Informed Agents: I Know What You Know ... I Think, Lucy Ackert, Bryan K. Church, and Narayanan Jarayaman
What’s in a Name: An Experimental Examination of Investor Behavior, Lucy Ackert, Bryan K. Church, James G. Tompkins IV, and Ping Zhang
Matching Intermediaries for Information Goods in the Presence of Direct Search: An Examination of Switching Costs and Obsolescence of Information, Manish Agrawal, Govind Hariharan, Rajiv Kishore, and H. R. Rao
Real Estate Loan Delinquency, Property Prices and Alternative Income Opportunities, Billie Ann Brotman
Is Exchange Risk Priced Beyond Intertemporal Risk?, Ines Chaieb, Stefano Mazzoto, and Oumar Sy
The Market-Implied Economic Lives of Advertising Expenses and R&D Expenses, Tom W. Miller, Richard W. Mathisen, and John P. McAllister
Farmers and Social Security Reform, James L. Novak, Paul Gentle, Patricia Duffy, and Alison Keefe
Submissions from 2004
Immediate Disclosure or Secrecy? The Release of Information in Experimental Asset Markets, Lucy Ackert, Bryan K. Church, and Ann B. Gillette
Asset Prices and Informed Traders’ Abilities: Evidence from Experimental Asset Markets, Lucy Ackert, Bryan K. Church, and Ping Zhang
Short Sales: Bearish or Bullish?, Lucy F. Ackert and George Athanassakos
Debtor-in-Possession Financing, Sris Chatterjee, Upinder S. Dhillon, and Gabriel G. Ramirez
Market Efficiency and the Arena Football League: A Note, Ladd Kochman and Randy Goodwin
The Why and How of Mutual Fund Standard Deviations, Ladd Kochman and Randy Goodwin
Underdogs are Man’s Best Friend: A Test of Football Market Efficiency, Ladd Kochman and Randy Goodwin
Drivers of the Value of the Firm: Profitability, Growth, and Capital Intensity, Tom W. Miller and Richard E. Mathisen
Estimates of the Sensitivities of the Value of the Firm to Profitability, Growth, and Capital Intensity, Tom W. Miller, Richard E. Mathisen, and John P. McAllister
Funding Economic Transition in China: The Privatization Option, Penelope B. Prime
Submissions from 2003
A Simultaneous Equations Analysis of Analysts’ Forecast Bias, Analyst Following, and Institutional Ownership, Lucy F. Ackert and George Athanassakos
Emotion and Financial Markets, Lucy F. Ackert, Bryan K. Church, and Richard Deaves
Debtor-in-Possession Financing and Bankruptcy Resolution: Empirical Evidence, Sandeep Dahiya, Kose John, Manju Puri, and Gabriel G. Ramı́rez
Barriers and Bridges for Successful Environmental Technology Transfer, Michael A. Greiner and Richard M. Franza
Market Efficiency and the Women's NBA, Ladd Kochman and Randy Goodwin
Revisiting the Streaking Teams Phenomenom: A Note, Ladd Kochman and Randy Goodwin
Is it Tax Competition or Tax Exporting, Luc Noiset
Submissions from 2002
The Asset Allocation Decision and Investor Heterogeneity: A Puzzle?, Lucy F. Ackert, Bryan Church, and Basil Englis
Asset Prices and Information Traders’ Abilities: Evidence from Experimental Asset Markets, Lucy F. Ackert, Bryan K. Church, and Ping Zhang
Winners and Losers as Financial Service Providers Converge: Evidence from the Financial Modernization Act of 1999, Robert Hendershott, Darrell Lee, and James G. Tompkins IV
Football Spreads, Runs and Market Efficiency, Ladd Kochman and Randy Goodwin
Time Diversification: Tool, Fallacy or Both?, Ladd Kochman and Randy Goodwin
Globalization of Financial Markets and the Asian Crisis: Some Lessons for Third World Developing Countries, Jong H. Park
The East Asian Model of Economic Development and Developing Countries, Jong H. Park
The Two Giants of Asia: Trade and Development in China and India, Jong H. Park
The Effect of Tax-Based Savings Incentives on the Self-Employed, Laura Power and Mark Rider
China Joins the WTO: How, Why; and What Now?, Penelope B. Prime
A History of Revenue Forecasts, Mark Rider
Submissions from 2001
The Effects of Subject Pool and Design Experience on Rationality in Experimental Asset Markets, Lucy Ackert and Bryan K. Church
An Experimental Study of Circuit Breakers: The Effects of Mandated Market Closures and Temporary Halts on Market Behavior, Lucy Ackert, Bryan K. Church, and Narayanan Jayaraman
Experimental Market Behavior and Accounting Students’ Knowledge of Permanent Earnings, Lucy Ackert, Bryan K. Church, and Deborah Turner
Visibility, Institutional Preferences, and Agency Considerations, Lucy F. Ackert and George Athanassakos
An Empirical Examination of the Price-Dividend Relation with Dividend Management, Lucy F. Ackert and William C. Hunter
Efficiency in Index Options Markets and Trading in Stock Baskets, Lucy F. Ackert and Yisong S. Tian
Mutual Fund Performance in a Nonsymmetrical World: A Case for the Upside Deviation, Ladd Kochman and Ravija Badarinathi
Do Mutual Funds Understate their Volatility?, Ladd Kochman, Ravija Badarinathi, and Randy Goodwin
Uncertain Litigation Cost and Seller Behavior: Evidence from an Auditing Game, Ping Zhang, Bryan K. Church, and Lucy Ackert
Submissions from 2000
Institutional Investors, Analyst Following, and the January Anomaly, Lucy F. Ackert and George Athanassakos
Evidence of the Efficiency of Index Options Markets, Lucy F. Ackert and Yisong S. Tian
Arbitrage and Valuation in the Market for Standard and Poor's Depositary Receipts, Lucy Ackert and Yisong S. Tian
Corporate Governance and Recent Consolidation in the Banking Industry, Yaron Brook, Robert Hendershott, and Darrell Lee