University of Arkansas

Walton College

The Sam M. Walton College of Business

Presentations and Recent Research

Presentations

Wednesday, March 13

Time: 12:00 pm-1:00 pm

Place: BBRL Conference Room (JBHT 128)

Title: Risk Preferences and Reform Paths: Experimental Evidence

Presenter: Braxton Gately (ECON)

Abstract: Using a laboratory experiment, I test the predictions of the land reform model outlined in Horowitz (1993). The model predicts that, given risk-neutral agents, there is a unique reform path that avoids conflict. When agents are risk-averse, multiple safe reform paths exist. Risk-neutral agents should always accept the risk-neutral path, while risk-averse agents should always accept both the risk-neutral and risk-averse reform paths. Data was gathered from 40 subjects in the Business Behavioral Research Laboratory at the University of Arkansas. I find that neither of the reform path types outlined in Horowitz prevent conflict, and that this is possibly because of loss aversion.

 

Wednesday, April 10

Time: 12:00 pm-1:00 pm

Place: BBRL Conference Room (JBHT 128)

Title: TBA

Presenter: Andy Brownback (ECON)

 

Thursday, April 25

Time: 12:30 pm-1:30 pm

Place: BBRL Conference Room (JBHT 128)

Title: Collocation: The Secret to Supply Chain Collaboration

Presenter: John Aloysius (Supply Chain)

Abstract: A considerable literature documents the importance of collaboration in supply chain management and various means and factors that promote collaboration between suppliers and retailers such as contractual forms, information technology, and absorptive capacity. However, little is known about how non-monetary incentives impact collaborative behaviors in the supply chain. Using a forecast information sharing and production decision game which features asymmetric information and asymmetric risk sharing, we find that shared experiences, whether online or face-to-face, promote suppliers-retailer collaboration. The most important result is that when the decision making is face to face, we see the greatest levels of collaboration between supplier and retailers, and consequently, efficiency. Our results suggest that even though collocation is costly, it can promote the in-person interactions that significantly improve collaboration, which in turn results in greater supply chain efficiency.