The School of Business and Economics will host its first brown bag lunch research seminar of the semester on Thursday, September 15 at 12:00pm in Academic Office Building 101. Dr. Tom Merz and Professor Russ Louks will present their exciting new study.
Title: Scorecasting: A Laboratory Experiment of the Framing Effect on Risky and Safe Choices in a Strictly Competitive, Repeatedly Played 2X2 Game.
The experiment consists of two players (subjects) playing repeated rounds of a “simple” game involving binary choices for each player. The game is one of pure conflict – constant sum, with each round having only one winner. Players choose simultaneously – without knowledge of the choice of his or her opponent. The stage game has a unique Nash equilibrium in mixed strategy (the minimax solution). With two players each making one of two choices, each round has four possible choice combinations. Once each player makes a choice, the winner of a round is determined by a random draw, with the odds of winning being dependent on the choice combination.
Dr. Emanuel Xavier-Oliveira (SBE) and other professors of economics from universities such as Purdue and Yale were asked by the financial web site WalletHub to comment on growth strategies that state economies can adopt in order to improve or return to full capacity. It was part of a WalletHub report just released on the states with the best and worst economies. News of the report has been picked up by Forbes and CBS News, among others.
Dr. Dana Johnson was honored for her contributions in Quality this spring by the American Society for Quality. She received ASQ’s 2016 Gryna Award for co-authoring the paper, “SEM of Service Quality to Predict Overall Patient Satisfaction in Medical CLinics: A Case Study,” published in 2015 in Quality Management Journal, Vol. 22, No. 4 pp. 18-36. The ASQ Gryna Award is for the largest single contribution to the extension of understanding and knowledge of the philosophy, principles, or methods of quality management. Dr. Johnson’s co-author, Dr. Roberta S. Russel, is a Professor of Business Information Technology at Virginia Tech. Both authors thank Elizabeth MacInnes, V.P. Quality, UP Health Systems Portage and James Bogan, UP Health Systems Market President for providing access to the data necessary to complete this research.
ASQ is a global community of people dedicated to quality who share the ideas and tools that make our world work better. With millions of individual and organizational members of the community in 150 countries, ASQ has the reputation and reach to bring together the diverse quality champions who are transforming the world’s corporations, organizations and communities to meet tomorrow’s critical challenges. Celebrating 70 years in 2016, ASQ, with its world headquarters in Milwaukee, Wis., USA, operates regional centers in the U.S. and Canada, North Asia, South Asia, Latin America and Middle East and Africa. Learn more about ASQ’s members, mission, technologies and training by visiting the ASQ webpage.
Dr. Mari W. Buche, director of the Data Science Graduate Program and associate professor of Management Information Systems (SBE), attended the 11th Annual Midwest AIS conference in Milwaukee, Wisconsin May 19-20. The theme for this year’s event was “Bigger, Smarter, Safer: Game Changers for Information Systems.”
Buche participated on a panel entitled “Privacy, technology and surveillance in the digital age: the Big Brother scenario.” The panel focused on redefining privacy expectations and generational gaps in fundamental interpretations of information security. Reference material for this panel was Can ‘Big Brother’ watch us?
Buche also presented a research-in-progress paper entitled “The influence of Outcome-Oriented Security Policy on Security Perceptions and Intentions,” co-authored with Jeff Wall (SBE). The study investigates expected improvements when corporations enhance traditional checklist-oriented information security policies (ISPs) with an outcomes-oriented policy. Intrinsic motivation and employee commitment will be measured in an experimental design study.
– Tech Today