LOSS AVERSION AND LABOR SUPPLY

In many occupations, workers’ labor supply choices are constrained by institutional rules regulating labor time and effort provision. This renders explicit tests of the neoclassical theory of labor supply difŽ cult. Here we present evidence from studies examining labor supply responses in “neoclassical environments” in which workers are free to choose when and how much to work. Despite the favorable environment, the results cast doubt on the neoclassical model. They are, however, consistent with a model of reference-dependent preferences exhibiting loss aversion and diminishing sensitivity.labor supply, loss aversion, neoclassical environments

Spartan Daily, May 5, 2000

Volume 114, Issue 64https://scholarworks.sjsu.edu/spartandaily/9561/thumbnail.jp

Spartan Daily, October 19, 2004

Volume 123, Issue 35https://scholarworks.sjsu.edu/spartandaily/10039/thumbnail.jp

Freedom of Speech and the Press in the Information Age

On June 26 -- 27, 2008, more than 130 social studies teachers from across the United States, its territories, Cuba and even Iraq gathered at Georgetown University in Washington, D.C., for the James Madison Symposium conducted in partnership with the McCormick Freedom Museum. The symposium was titled Freedom of Speech and Press in the Information Age and explored four related topics under this thematic umbrella including free speech on the Internet and blogs, as well as in the traditional press; the Fairness Doctrine; press coverage during wartime; and the free speech implications of campaign finance reform.The two-day conference was organized around four separate panels based on the aforementioned subjects, and also included an evening banquet with a keynote address by C-SPAN President and CEO Brian Lamb, as well as a morning working session on lesson plans to address the four central topics.This report presents a summary of these deliberations in chapter form, with each chapter followed by a lesson plan rooted in the conference proceedings. The hope is that the summaries of the panel discussions help to contextualize the topics addressed and provide solid leads for further examination of these issues. They frame the embedded lesson plans, each designed for use in social studies classes at the secondary level

Radio\u27s Political Past

The history of radio is inextricably suffused with politics. Though licensed experimental stations were transmitting as early as 1916, the first scheduled and advertised radio program in America-broadcast on November 2, 1920, from Pittsburgh\u27s KDKA-was an 18-hour marathon on the election returns of the Harding-Cox presidential race. Over the following months, KDKA broadcast numerous other civic-oriented programs. In November 1921, radio beamed the voice of the .U.S. president overseas for the first time when RCA\u27s powerful Port Jefferson, Long Island, station went on the air with an international address by President Harding that was heard by radio listeners in Europe, Japan, Australia and Central and South America. While Harding was the fi rst president to use radio as a means of political communication, Calvin Coolidge - who succeeded Harding on his death in August 1923 - was more adept at it, a fact Coolidge recognized. I am very fortunate that I came in with the radio, Coolidge commented. I can\u27t make an engaging, rousing or oratorical speech...but I have a good radio voice, and now I can get my message across to [the public] without acquainting them with my lack of oratorical ability

Spartan Daily, September 10, 2001

Volume 117, Issue 7https://scholarworks.sjsu.edu/spartandaily/9712/thumbnail.jp