http://www.cowboyeconomics.com/ Business and Economics News Friday, May 25, 2012 00:19 MST en-us http://www.cowboyeconomics.com/research/Economic_power_of_self-employment_felt_countywide.asp http://www.cowboyeconomics.com/research/Economic_power_of_self-employment_felt_countywide.asp Friday, May 25, 2012 00:00 MST People in rural counties who work for themselves may add a boost to local economies, improving income and job growth, according to economists. http://www.cowboyeconomics.com/research/Contrary_to_popular_belief_investment_banks_do_add_value_to_M&As_new_study_shows.asp http://www.cowboyeconomics.com/research/Contrary_to_popular_belief_investment_banks_do_add_value_to_M&As_new_study_shows.asp Wednesday, May 23, 2012 00:00 MST Investment banks add value to mergers and acquisitions and, in fact, produce important information for the MandA advisory process, according to new research by Matthew Cain, assistant professor of finance at the University of Notre Dame's Mendoza College of Business. http://www.cowboyeconomics.com/research/Bringing_home_(less)_of_the_bacon.asp http://www.cowboyeconomics.com/research/Bringing_home_(less)_of_the_bacon.asp Tuesday, May 22, 2012 00:00 MST New research shows that women stockbrokers sometimes earn as much as 20 percent less than their male counterparts. http://www.cowboyeconomics.com/research/The_downside_of_corporate_dominance.asp http://www.cowboyeconomics.com/research/The_downside_of_corporate_dominance.asp Monday, May 21, 2012 00:00 MST We've said farewell to Friendster. Netscape Navigator is nevermore. As an Internet service provider, AOL is AWOL. What happened to these companies that once ruled their individual markets? According to University of Alberta researchers Kyle Murray and Gerald Haeubl, their market dominance made them vulnerable. http://www.cowboyeconomics.com/research/The_quick_and_easy_way_to_measure_power_consumption.asp http://www.cowboyeconomics.com/research/The_quick_and_easy_way_to_measure_power_consumption.asp Saturday, May 19, 2012 00:00 MST The ambitious goals set by the German government to promote energy efficiency have put pressure on companies to change their energy-use policies. But the sustainable management of energy resources and the associated energy-saving measures can only be implemented if users have a reliable means of quantifying their power consumption. http://www.cowboyeconomics.com/research/Large_differences_in_outcomes_of_attempts_to_eliminate_double_taxation.asp http://www.cowboyeconomics.com/research/Large_differences_in_outcomes_of_attempts_to_eliminate_double_taxation.asp Friday, May 18, 2012 00:00 MST A new doctoral thesis from the School of Business, Economics and Law at the University of Gothenburg, Sweden, explores the issue of double taxation in connection with international transactions. The study sheds light on the vastly different results that the established methods to eliminate double taxation may yield in certain situations: that a transaction is still subject to double taxation or that no tax is paid at all. http://www.cowboyeconomics.com/research/Spurious_switching_points_in_traded_stock_dynamics.asp http://www.cowboyeconomics.com/research/Spurious_switching_points_in_traded_stock_dynamics.asp Thursday, May 17, 2012 00:00 MST Physicists have rebuffed the existence of power laws governing the dynamics of traded stock volatility, volume and inter-trade times at times of stock price extrema. They did this by demonstrating that what appeared as "switching points" in financial markets trends was due to a bias in the interpretation of market data statistics. This study by Vladimir Filimonov and Didier Sornette from the ETH Zurich in Switzerland is about to be published in EPJ B. http://www.cowboyeconomics.com/research/Economic_theory_actually_works_in_health_care.asp http://www.cowboyeconomics.com/research/Economic_theory_actually_works_in_health_care.asp Monday, May 14, 2012 00:00 MST A study of 7,424 privately insured colon cancer patients found that managed care presence in the market and hospital competition increased the likelihood laparoscopic surgery to treat colon cancer lowered costs, a national team of researchers led by a professor at the George Washington University School of Public Health and Health Services reported in the journal Cancer, May 8, 2012. http://www.cowboyeconomics.com/research/Many_US_families_are_underwater_with_debts.asp http://www.cowboyeconomics.com/research/Many_US_families_are_underwater_with_debts.asp Thursday, May 10, 2012 00:00 MST As the country emerges from the Great Recession, a substantial number of US families are underwater -- and not just with their mortgages.According to a new University of Michigan report, about one out of every five US households owe more on credit cards, medical bills, student loans and other non-collateralized debts than they have in savings and other liquid assets. http://www.cowboyeconomics.com/research/New_Vermont_law_Researchers_to_measure_genuine_progress.asp http://www.cowboyeconomics.com/research/New_Vermont_law_Researchers_to_measure_genuine_progress.asp Wednesday, May 09, 2012 00:00 MST The Vermont legislature passed a bill that directs researchers at the University of Vermont to develop a new way of measuring the health of the state economy. Policymakers will use the Vermont Genuine Progress Indicator to account for factors like environmental impact, human rights, and volunteer work that are not measured in traditional GDP. Governor Shumlin has indicated he will sign the bill, making it the first such law in the United States. http://www.cowboyeconomics.com/research/Economics_study_homes_in_on_factors_influencing_value_of_great_art.asp http://www.cowboyeconomics.com/research/Economics_study_homes_in_on_factors_influencing_value_of_great_art.asp Tuesday, May 08, 2012 00:00 MST Arzu Aysin Tekindor has never seen "Antiques Roadshow," the PBS television program that routinely subjects artworks and other collectibles to the burning question: what is it worth? But she has devised an economic model that gets at the underpinnings of the question, breaking down how some paintings sell for astronomical prices, like the record auction price of $120 million fetched by Edward Munch's "The Scream" earlier this week. http://www.cowboyeconomics.com/research/How_will_the_US_biotechnology_industry_benefit_from_new_patent_laws.asp http://www.cowboyeconomics.com/research/How_will_the_US_biotechnology_industry_benefit_from_new_patent_laws.asp Saturday, May 05, 2012 00:00 MST Passage of the America Invents Act into law led to the most dramatic changes in the US patent system in 60 years. These reforms will have a significant impact on technology innovators such as biotechnology-based businesses, as detailed in two articles in Industrial Biotechnology, a peer-reviewed journal from Mary Ann Liebert Inc. http://www.cowboyeconomics.com/research/Global_warming_New_research_emphasizes_the_role_of_economic_growth.asp http://www.cowboyeconomics.com/research/Global_warming_New_research_emphasizes_the_role_of_economic_growth.asp Friday, May 04, 2012 00:00 MST It's a message no one wants to hear: to slow down global warming, we'll either have to put the brakes on economic growth or transform the way the world's economies work. That's the implication of an innovative University of Michigan study examining the evolution of atmospheric CO2, the most likely cause of climate change. http://www.cowboyeconomics.com/research/Polluting_China_for_the_sake_of_economic_growth.asp http://www.cowboyeconomics.com/research/Polluting_China_for_the_sake_of_economic_growth.asp Thursday, May 03, 2012 00:00 MST China's economic growth will continue to be energy-intensive and highly polluting for the foreseeable future with emissions and efficiency far below capital growth on the agenda, according to a study published in the International Journal of Global Energy Issues. http://www.cowboyeconomics.com/research/The_wisdom_of_retail_traders.asp http://www.cowboyeconomics.com/research/The_wisdom_of_retail_traders.asp Tuesday, May 01, 2012 00:00 MST A forthcoming paper in the Journal of Finance by professor Paul Tetlock, Roger F. Murray Associate Professor of Finance at Columbia Business School, and Eric Kelley, assistant professor, Finance, the Eller College of Management at the University of Arizona, finds that retail investors' are not as unsophisticated as many think: they can actually predict future stock returns