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Omicron Delta Epsilon Chapter Advisor Session

Paper Session

Sunday, Jan. 3, 2021 10:00 AM - 12:00 PM (EST)

Hosted By: Omicron Delta Epsilon
  • Chair: Ishuan Li, Minnesota State University-Mankato

Public Recognition and Individual Online Donation

Xinyan Shi
,
University of North Carolina-Pembroke

Abstract

This study answers two research questions: (1) how different public recognition schemes influence individuals' decision of charitable giving, and (2) how the priming effects of the self-reported perceived donation amount by others (Perceived Donation) operate with public recognition. To answer these questions, we have conducted an online experiment using crowd source workers from Amazon Mechanical Turk (MTurk).
This study follows the experiment design of Luo and Gao [2020] to make the results comparable. We designed five treatments in the study and found the followings. We observe that people’s perceived average donation is positively related to their contributions. We also find that people who have previously donated to charities and practice meditation have a higher donation participation and donate more. Also, those who have been impacted by COVID directly donate more. We find individual heterogeneity in the donation amount related to one’s Personality Traits. Conscientiousness, independent individuals tend to donate less while extraverts, neuroticism, interdependent individuals tend to donate more. Those who are educated are more likely to donate compared with their counterparts who do not. Extraverts and people of higher neuroticism traits are more likely to donate, while independent individuals are less likely to do so.

Career Challenges Musicians Face in the United States

Ying Zhen
,
Wesleyan College

Abstract

This study summarizes and analyzes the challenges and opportunities that musicians face in the United States, based on a survey of 1,227 musicians in the U.S. in 2018, which was conducted by the Music Industry Research Association (MIRA) and the Princeton University Survey Research Center, in partnership with MusiCares. The results reveal that although “artistic expression” is highlighted as musicians’ favorite aspect of being a musician, 61 percent of musicians’ music-related income is not sufficient to meet their living expenses. Such a share among male musicians is slightly lower than that of female musicians: 58.4 percent vs. 66.3 percent, respectively. However, such a share among white musicians is significantly lower than that of non-white musicians: 57.0 percent vs. 75.5 percent, respectively. The average American earns income from 3.5 music-related activities per year. The most common income source is live performances, followed by music lessons and performing in a church choir or other religious service. MusiCares membership has a negative effect on music-related earnings. All else being equal, musicians with a MusiCares membership make about 40% less music-related income than those without the membership. This might be in consistent with the role MusiCares plays as the charitable arm of the Recording Academy. Interestingly, when MusiCares membership is controlled, education attainment is no longer playing an important role in music-related earnings, while attending a high school featuring in music education is associated with more than 30% music-related earnings. In addition, the music-earnings advantage among those who attended a high school featuring in music education is around 45% significantly higher for those who were born in the U.S.A. than those who were foreign-born, all else being equal.

Pandemic Economics: What Have We Learned from the States' Experiences?

T. J. Hansen
,
Minnesota State University-Moorhead

Abstract

The COVID-19 pandemic has challenged the global economic landscape, most notably suffocating growth and increasing unemployment. The pandemic accelerated the rate of technology adoption in multiple sectors of the economy. Likewise, U.S. public health and economic policies, typically debated at length and executed gradually, are now enacted swiftly and subject to change at a moment's notice. This preliminary analysis of policies enacted, either uniquely or in concert among states, reveals insights related to how economies and state governments are weathering the pandemic. In addition to distinguishing tradeoffs between public health and economic health during a pandemic, the state-level experiences incorporated in this analysis identify synergistic opportunities for improving metrics in both realms. This analysis stems from a collaboration between fall 2020 public finance students and their professor. These parties' reflections frame the costs and benefits for those interested in a pedagogical modification of this nature.

In The Money: Gender and Jockey Success on the Thoroughbred Racetrack

Alexander D. Binder
,
Pittsburg State University

Abstract

This paper examines the relative performance and access to mounts of female jockeys in American horseracing, the only major professional sport where female and male athletes directly compete on a regular basis. We modeled the determinants of the probability for a jockey finishing a race in-the-money placing first, second, or third, and the determinants for receiving mounts. Among other findings, the results indicated that the probability for female jockeys finishing a race in the money was not significantly different from male jockeys, ceteris paribus, yet female jockeys continue to receive fewer mounts after controlling for other relevant, observable factors.
Discussant(s)
Ying Zhen
,
Wesleyan College
Xinyan Shi
,
University of North Carolina-Pembroke
Alexander D. Binder
,
Pittsburg State University
T. J. Hansen
,
Minnesota State University-Moorhead
JEL Classifications
  • A1 - General Economics
  • A1 - General Economics