Social and Behavioral Sciences Commons^™

The Financial Crisis Viewed From The Perspective Of The Social Cost Theory, L. Randall Wray

Social Cost Workshop

The talk examines the causes and consequences of the current global financial crisis. K.W. Kapp’s “social costs” theory is contrasted with the recently dominant “efficient markets” hypothesis to provide the context for analyzing the functioning of financial institutions. Rather than operating “efficiently,” the financial sector has been imposing huge costs on the economy—costs that no one can deny in the aftermath of the economy’s collapse. While orthodox approaches lead to the conclusion that money and finance should not matter much, the alternative tradition—from Veblen and Keynes to Galbraith and Minsky—provides the basis for developing an approach that puts money and …

The Social Cost Of Labor And Its Importance For Labor Economics, Robert E. Prasch

Social Cost Workshop

The starting point and core notion of neoclassical or mainstream economics is a reductionist vision of the exchange of commodities. Missing is the historical, social, and legal environments within which exchanges occur. A parallel and equally problematic notion is that labor exists as something of a “found object.” By contrast, the classical school of economists understood that laborers must earn a wage equal to or greater than “subsistence” if society was to be an ongoing enterprise. Laborers must be fed, sheltered, socialized, and educated before they arrive in the labor market. This, in a phrase, is the Social Cost of …

Environmental Sustainability From A Social Cost Perspective, James Swaney

Social Cost Workshop

Over a quarter century, efforts to build global environmental governance institutions have been thwarted by ideology and vested interests, while ecological degradation has accelerated and disparities in wealth, living standards and economic opportunities have grown. Nonetheless, the sustainability idea remains appealing and valid: Future generations can be protected from debilitating ecological degradation only if we, the present generation, redirect development to begin restoring ecological balance to key earth systems (e.g., oceans, climate, biodiversity). The social cost perspective (SCP) of institutional economics, rooted in the contributions of Karl Polanyi (1944) and K. William Kapp (1950), provides a framework for thinking about, …

The Discourse On Social Costs: Heterodox Vs. Neoliberal Economics, Sebastian Berger

Social Cost Workshop

This presentation analyzes the discourse on social costs, focusing on how neoliberal economists in the 1950s and 1960s embarked on the successful project to marginalize the heterodox view that social controls of the economy are a good thing because markets otherwise cause too many social damages. The paper mainly looks at the intellectual project of the institutional economists John M. Clark and K. William Kapp. Both collaborated in the 1940s in crafting the institutional theory of social costs as a critique of the neoclassical theory of costs and externalities (Arthur C. Pigou), as well as the rising post WWII neoliberalism …

The Guardian, April 25, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

The Guardian, April 18, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

An Ebook Primer, Sue Polanka

University Libraries' Staff Publications

According to a survey conducted by the Chief Officers of State Library Agencies (COSLA) in the summer of 2011, 39 percent of public libraries had not begun to offer downloadable media service (ebooks, audiobooks, movies) to their communities. COSLA reported that small, rural libraries with limited budgets were most likely not to have access to downloadable media.

COSLA believes that ebooks will be the preferred format for reading materials in the future. As a result, it has set a goal for all U.S. public libraries to offer ebooks and downloadable media by 2015. As a step in that direction, LJ …

Wright State University Celebration Of Research, Scholarship And Creative Activities Book Of Abstracts Friday, April 13, 2012, Wright State University Office Of Undergraduate Research And Stemm Activities

Symposium of Student Research, Scholarship, and Creative Activities Materials

The student abstract booklet is a compilation of abstracts from students' oral and poster presentations at Wright State University's second annual Celebration of Research, Scholarship and Creative Activities on April 13, 2012.

The Guardian, April 11, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

The Guardian, April 4, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

Eti‐385 As A Novel Anti‐Emetic Against Drug Induced Emesis, Theresa Fennell, James Lucot, Samantha Spitak, Emily Smith, Teresa Garret

Symposium of Student Research, Scholarship, and Creative Activities Materials

Drugs currently used to prevent emesis (nausea and vomiting) target only one or a few of the pathways used by emetic stimuli to trigger the reflex. Thus, an anti-emetic drug will only be effective against some stimuli. Prior work determined that 8-OH-DPAT (DPAT, a 5-HT1A agonist) was a universally effective anti-emetic. Although DPAT prevented emesis, it also elicited an extreme anxiety response making it unsuitable for therapeutic use. Presently, there exists no universal anti-emetic drug. We tested a proprietary drug developed from DPAT, ETI-385, which successfully prevented emesis in musk shrews against chemotherapy, drug and motion stimuli. For FDA purposes, …

Travel Apps, Sue Polanka

University Libraries' Staff Publications

Like many people, I love to travel. And doing so with my smart phone or tablet device allows me to keep information at my fingertips. Whether you are traveling to a local park, across the country, or internationally, there are a variety of apps to enhance your experience.

Wright State University Magazine, Spring 2012, Office Of Communications And Marketing, Wright State University

Wright State University Magazine

Nineteen page issue of the Wright State University Magazine. This magazine is published twice a year and focuses on news related to Wright State alumni, faculty, staff, and friends of the university.

The Guardian, March 28, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

The Guardian, March 7, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

The Internet Archive's In-Library Lending Program, Sue Polanka

University Libraries' Staff Publications

Libraries bore the brunt of the growing pains of ebooks in 2011-from the HarperCollins Publishers announcement to limit use to 26 circulations to Penguin Group USA's abrupt withdrawal of content from OverDrive, Inc. to Amazon's facilitation of library downloads on Kindle devices. Many librarians realized the hard way that the benefits of ownership do not accrue in electronic formats. It's no wonder librarians everywhere are searching for fair, sustainable, ownership-based models to procure ebook content. Does this perfect solution exist?

It just might, in the form of the Internet Archive's In-Library Lending Program (http:/ /openlibrary.org/borrow)-a collection created by librarians for …

Localized Deconvolution: Characterizing Nmr-Based Metabolomics Spectroscopic Data Using Localized High-Throughput Deconvolution, Paul E. Anderson, Ajith H. Ranabahu, Deirdre A. Mahle, Nicholas V. Reo, Michael L. Raymer, Amit P. Sheth, Nicholas J. Delraso

Kno.e.sis Publications

The interpretation of nuclear magnetic resonance (NMR) experimental results for metabolomics studies requires intensive signal processing and multivariate data analysis techniques. Standard quantification techniques attempt to minimize effects from variations in peak positions caused by sample pH, ionic strength, and composition. These techniques fail to account for adjacent signals which can lead to drastic quantification errors. Attempts at full spectrum deconvolution have been limited in adoption and development due to the computational resources required. Herein, we develop a novel localized deconvolution algorithm for general purpose quantification of NMR-based metabolomics studies. Localized deconvolution decreases average absolute quantification error by 97% and …

For-Profit College Entry And Cost Efficiency: Stochastic Frontier Estimates Vs Two-Year Public And Non-Profit Colleges, G. Thomas Sav

Economics Faculty Publications

This paper provides stochastic frontier cost and (in)efficiency estimates for private for-profit colleges with comparisons to public and private non-private colleges. The focus is on the two-year U.S. higher education sector where there exists the largest and fastest growing entry of for-profit colleges. Unbalanced panel data is employed for four academic years, 2005-2009. Translog cost frontiers are estimated with an inefficiency component that depends upon environmental factors defined by college specific characteristics. More experienced public and private non-profit colleges are found to be more cost efficient relative to the newer entrants. In addition, the newer for-profits exhibit greater efficiency variability …

The Guardian, February 29, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

Government Integration Options For The Dayton Metro, Lavea Brachman, Alison D. Goebel, Greater Ohio Policy Center

Records of Dayton Together (MS-603)

No abstract provided.

The Guardian, February 22, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

The Guardian, February 15, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

Wright State University Libraries Access Newsletter Winter 2012, Wright State University Libraries

Access Newsletter

A four page newsletter created by Wright State University Libraries that addresses the current affairs of the Libraries.

The Guardian, February 8, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

Is The Production Of Religious Knowledge Efficient? Managing Faith Related Postsecondary Institutions, G. Thomas Sav

Economics Faculty Publications

The focus of this paper is on the efficiency of producing and managing religion based knowledge in postsecondary institutions. Panel data is used to estimate a stochastic cost frontier and associated inefficiencies for a panel of 222 U.S. bible colleges, theological seminaries, and other faith based higher education institutions over the 2005-09 academic years. Results indicate that institutions offering undergraduate only education are on average less inefficient than graduate only or combined undergraduate-graduate education institutions. Government provided student loans and private philanthropy are efficiency improving, while institutional debt acts to increase inefficiency. Time varying inefficiencies show efficiency gains over the …

Framework For The Analysis Of Coordination In Crisis Response, Hemant Purohit, Andrew Hampton, Valerie L. Shalin, Amit P. Sheth, John M. Flach

Kno.e.sis Publications

Social Media play a critical role during crisis events, revealing a natural coordination dynamic. We propose a computational framework guided by social science principles to measure, analyze, and understand coordination among the different types of organizations and actors in crisis response. The analysis informs both the scientific account of cooperative behavior and the design of applications and protocols to support crisis management.

The Guardian, February 1, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

Discovering Fine-Grained Sentiment In Suicide Notes, Wenbo Wang, Lu Chen, Ming Tan, Shaojun Wang, Amit P. Sheth

Kno.e.sis Publications

This paper presents our solution for the i2b2 sentiment classification challenge. Our hybrid system consists of machine learning and rule-based classifiers. For the machine learning classifier, we investigate a variety of lexical, syntactic and knowledge-based features, and show how much these features contribute to the performance of the classifier through experiments. For the rule-based classifier, we propose an algorithm to automatically extract effective syntactic and lexical patterns from training examples. The experimental results show that the rule-based classifier outperforms the baseline machine learning classifier using unigram features. By combining the machine learning classifier and the rule-based classifier, the hybrid system …

The Guardian, January 25, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.

The Guardian, January 18, 2012, Wright State University Student Body

The Guardian Student Newspaper

Twelve page issue of The Guardian, the official student-run newspaper for Wright State University. The Guardian has been published regularly since March of 1965.