MARKETING PROF OFFERS A BEHAVIORAL ECONOMICS
PERSPECTIVE ON THE GOVERNMENT SHUTDOWN
As the federal government looks to a possible shutdown at midnight today caused by a budget deadlock, obvious questions are being raised — which services will be affected? How will air traffic continue? Will the IRS continue processing refunds for paper-submitted tax returns? But Partha Krishnamurthy, a marketing professor at UH Bauer and an expert in the area of behavior economics, is asking a different question — how could a government shutdown change the perception of the federal government in Americans’ eyes? According to Krishnamurthy, it might make citizens see the suspended services as more important than before. “Losing something is different than gaining something,” he says. “Only when things go away do we realize their importance.”
To schedule an interview with Krishnamurthy, see Media Contact section to the left.
TRADERS GET VOCAL AS SHOUT-FILLED TRADITION RETURNS TO UH
Finance students from UH Bauer will compete this weekend against students from business schools across North America at the Houston round of the CME Group Open Outcry Challenge, an annual competition that simulates the experience of being a broker in the trading pit of a mercantile exchange. Students will trade like the professionals in the trading pits in Chicago and New York, using fast paced hand signals and shouting to buy and sell.
- WHO: Students from business schools across North America, including dozens of students from UH Bauer
- WHAT: CME Group Open Outcry Challenge
- WHEN: Saturday, 4/9/2010; 9 a.m. – 3 p.m.
- WHERE: Melcher Hall, AIM Center lobby (University of Houston campus)
To schedule an interview with UH students participating in the event or to attend, see Media Contact section to the left. To see a video from last year’s competition, visit http://www.youtube.com/watch?v=yI6RXZJ3TNo.