A new study by Turner College faculty Uma Sridharan, Fady Mansour, Lydia Ray and University of North Florida management professor Tobias Huning investigates the effect of risk tolerance on the decision to use Bitcoin in making payments and receiving compensation. They collected survey data from 225 respondents to measure risk attitudes and the choice to use Bitcoin. Two measures of risk are employed – the general risk-taking propensity scale (GRiPS) and the risk-taking index (RTI). Analysis of the survey data reveals that individuals who chose to receive payment in Bitcoin show a significantly greater risk propensity for both GRiPS and RTI. According to one model specification discussed in the study, individuals with the lowest risk-taking propensity exhibit a 17% to 36% probability of accepting payment in Bitcoin, compared to a range of 57% to 68% for individuals with the highest risk-taking propensity. Interestingly, the results suggest that the choice to make payment using Bitcoin is unrelated to risk-taking propensity. The study is set to appear in the July 2023 issue of the Journal of Financial Economic Policy. “For future research, we plan to incorporate various macroeconomic trends to estimate the effect of risk attitude on adopting different kinds of cryptocurrencies, conditional on the macroeconomic environment and business cycle,” Sridharan indicated to Turner Business.
Officials in the Turner College's Butler Center for Research and Economic Development recently put the finishing touches on an extensive report on trends in educational programs and occupations in the Columbus area. The report also includes data on business and technology trends. According to Fady Mansour , Director of the Butler Center, there are several key takeaways from the report regarding 10 occupational gaps that currently exist in the Columbus area. First, software development occupation exhibits the biggest labor shortage, with the report adding that the TSYS School has a bachelor's degree program in information technology along with a new AI track for the bachelor's degree in computer science, both of which can qualify students for this occupation. Other educational programs are in demand, such as computer programming and cloud computing. Second, there is a gap of 30 employees per year in general and operations management. This gap could be addressed by the Turn...

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