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American Public University Volkswagen Co Public Relations Analysis Paper
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In this problem set you will summarize the paper “Imperfect Public Monitoring with Costly Punishment: An Experimental Study” (Ambrus and Greiner, AER 2012) and recreate some of its findings.1 Big Picture[Q1] What is the main question asked in this paper?[your written answer here][Q2] Summarize the experiment design.[your written answer here][Q3] Summarize the main results of the experiment.[your written answer here][Q4] Why are these results valuable? What have we learned? Motivate your discussion with a real-world example. In particular discuss the tradeoffs to transparency in groups and how these tradeoffs might be navigated in a firm, or more broadly, a society.[your written answer here][Q5] If punishment is ineffective under imperfect monitoring, what else can you lean on to ensure people cooperate (at least a little) in a public goods problem?[your written answer here]2 TheoryPayoffs to agent ii areπi=(ei−xi)+α∑i=1nxiπi=(ei−xi)+α∑i=1nxiwhere eiei is the agent’s endowment, xixi is her contribution to the public good, αα is the marginal per capita return, and nn is the group size.[Q6] Explain αα and why in public goods game requires 1n<α<11n<α<1.[your written answer here][Q7] Suppose ei=e=20ei=e=20 (i.e. everyone has 20), α=0.4α=0.4 and n=4n=4. Show that xi=0xi=0 is a symmetric Nash equilibrium, but xi=20xi=20 is the social optimum. (Recall that in a Nash equilibrium ii cannot increase her payoff by changing her contribution.) Hint: you can use code to answer this problem by calcuting payoffs to a representative agent and plotting them. You might the curve() function useful.[your written answer here]3 Replicationpunnoise = read_csv("../data/punnoise_data.csv")3.1 DescriptionUse theme_classic() for all plots.[Q8] Recreate Table 1 and usekable() to make a publication-quality table (in HTML).# your code here3.2 InferenceConsider the linear modely=α+β1x1+β2x2+εy=α+β1x1+β2x2+ε[Q9] Write down the marginal effect of x1x1 (in math).[your written answer here]Now suppose you have a non-linear modely=F(α+β1x1+β2x2+ε)y=F(α+β1x1+β2x2+ε)where F(⋅)F(⋅) is a “link function” that compresses the inputs so that the output y^∈[0,1]y^∈[0,1].[Q10] Write down the marginal effect of x1x1. How does this compare to the marginal effect in the linear model?[your written answer here][Q11] A probit model uses the Normal CDF ΦΦ as the link function, where Φ′=ϕΦ′=ϕ is the Normal PDF. Use glm() to estimate Model 1 in Table 2. Assign the model to the object m1. Cluster the standard errors at the group level.# your code here[Q12] Interpret the coefficients. (For more on the probit model, see the appendix.)[your written answer here]3.2.1 Average marginal effects[Q13] Table 2 reports the average marginal effects (AMEs) of the variables on P(contribute)P(contribute). Calculate the AME to the variable round as follows:Use predict()to create an object predictions that contains the predicted z-scores. (i.e. Xβ^Xβ^. Hint: use the option type="link" in predict().)# your code hereUse dnorm() to calculate the probabilities of the predicted z-scores and store the output in an object called index.# your code hereNow calculate the marginal effects by multiplying the predicted probabilities times the estimated coefficient for round and store the output in dydxround.# your code hereUse mean() to calculate the AME.# your code here[Q14] Verify your calculations with margins(), the plot the AMEs. (Note: these will not be exactly the same as those in the paper, since the paper uses an outdated method in Stata.# your code here# your code here[Q15] Interpret the AMEs.[your written answer here]
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American Public University Volkswagen Co Public Relations Analysis Paper
Web Research Essay - Find one real world PR disaster or botched PR attempt and prepare a 5 page APA Format (1700 word mini ...
American Public University Volkswagen Co Public Relations Analysis Paper
Web Research Essay - Find one real world PR disaster or botched PR attempt and prepare a 5 page APA Format (1700 word minimum) essay applying all concepts and applications we have diligently practiced throughout this class from your newly acquired PR position. This event should be different than ones that you selected elsewhere in the course.Instructions: Use the following framework for your case analysis. Your case analysis assignment is designated above and can be found in your textbook.Step 1: Read the case thoroughly with a view to understanding the Public Relations issues illustrated by the case. Make sure you discriminate between information which is relevant and that which is superfluous and/or ambiguous.Step 2: Define clearly and concisely the basic problems (or issues) in the case. Then identify the main issues. Do not be confused with "symptoms." Identify the key decisions to be made.Step 3: Use the information and facts provided in the case to analyze the situation. This would include understanding the situaton, an analysis of the environment (if applicable)-- for example, are there particular strengths and weaknesses, external opportunities and threats (SWOT analysis), etc. that should be mentioned?Step 4: Based on your analysis from step 3 above, identify possible alternative strategy solutions to cope with the problem(s)/Issue(s) you have identified in step 2 above. State any assumptions you make, and feel free to make assummptions in order for the strategies to work. Evaluate the pros and cons of each alternative considered. This should form the main focus of your attention in the case analysis.Step 5: Recommend a course of action (if appropriate), selecting the alternative proposed in step 3 above. Which would you consider most appropriate to solve the problems you have identified in step 2 above taking into consideration the analysis made in step 3? Include some specifics regarding how the recommendations may be implemented by the marketing team. Note: You should edit your recommendations based on the latest web-information that you can access by going to the company's website.Your response should follow the organizational structure listed above (Steps 1-5). Write well. Write clearly. Clearly structure your final report.**Will be submitted to Turn It In must have less than 20% word for word usage.***
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In this problem set you will summarize the paper “Imperfect Public Monitoring with Costly Punishment: An Experimental St ...
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In this problem set you will summarize the paper “Imperfect Public Monitoring with Costly Punishment: An Experimental Study” (Ambrus and Greiner, AER 2012) and recreate some of its findings.1 Big Picture[Q1] What is the main question asked in this paper?[your written answer here][Q2] Summarize the experiment design.[your written answer here][Q3] Summarize the main results of the experiment.[your written answer here][Q4] Why are these results valuable? What have we learned? Motivate your discussion with a real-world example. In particular discuss the tradeoffs to transparency in groups and how these tradeoffs might be navigated in a firm, or more broadly, a society.[your written answer here][Q5] If punishment is ineffective under imperfect monitoring, what else can you lean on to ensure people cooperate (at least a little) in a public goods problem?[your written answer here]2 TheoryPayoffs to agent ii areπi=(ei−xi)+α∑i=1nxiπi=(ei−xi)+α∑i=1nxiwhere eiei is the agent’s endowment, xixi is her contribution to the public good, αα is the marginal per capita return, and nn is the group size.[Q6] Explain αα and why in public goods game requires 1n<α<11n<α<1.[your written answer here][Q7] Suppose ei=e=20ei=e=20 (i.e. everyone has 20), α=0.4α=0.4 and n=4n=4. Show that xi=0xi=0 is a symmetric Nash equilibrium, but xi=20xi=20 is the social optimum. (Recall that in a Nash equilibrium ii cannot increase her payoff by changing her contribution.) Hint: you can use code to answer this problem by calcuting payoffs to a representative agent and plotting them. You might the curve() function useful.[your written answer here]3 Replicationpunnoise = read_csv("../data/punnoise_data.csv")3.1 DescriptionUse theme_classic() for all plots.[Q8] Recreate Table 1 and usekable() to make a publication-quality table (in HTML).# your code here3.2 InferenceConsider the linear modely=α+β1x1+β2x2+εy=α+β1x1+β2x2+ε[Q9] Write down the marginal effect of x1x1 (in math).[your written answer here]Now suppose you have a non-linear modely=F(α+β1x1+β2x2+ε)y=F(α+β1x1+β2x2+ε)where F(⋅)F(⋅) is a “link function” that compresses the inputs so that the output y^∈[0,1]y^∈[0,1].[Q10] Write down the marginal effect of x1x1. How does this compare to the marginal effect in the linear model?[your written answer here][Q11] A probit model uses the Normal CDF ΦΦ as the link function, where Φ′=ϕΦ′=ϕ is the Normal PDF. Use glm() to estimate Model 1 in Table 2. Assign the model to the object m1. Cluster the standard errors at the group level.# your code here[Q12] Interpret the coefficients. (For more on the probit model, see the appendix.)[your written answer here]3.2.1 Average marginal effects[Q13] Table 2 reports the average marginal effects (AMEs) of the variables on P(contribute)P(contribute). Calculate the AME to the variable round as follows:Use predict()to create an object predictions that contains the predicted z-scores. (i.e. Xβ^Xβ^. Hint: use the option type="link" in predict().)# your code hereUse dnorm() to calculate the probabilities of the predicted z-scores and store the output in an object called index.# your code hereNow calculate the marginal effects by multiplying the predicted probabilities times the estimated coefficient for round and store the output in dydxround.# your code hereUse mean() to calculate the AME.# your code here[Q14] Verify your calculations with margins(), the plot the AMEs. (Note: these will not be exactly the same as those in the paper, since the paper uses an outdated method in Stata.# your code here# your code here[Q15] Interpret the AMEs.[your written answer here]
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