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What Drives Merger Waves? A Study Of The Seven Historical Merger Waves In The U.S., Katherine Ching
What Drives Merger Waves? A Study Of The Seven Historical Merger Waves In The U.S., Katherine Ching
Scripps Senior Theses
Historically, merger and acquisition (or M&A) activity has occurred in cyclical patterns, forming what are known as “merger waves.” To date, there have been a total of seven waves. Though it is widely acknowledged that merger waves exist, there is no consensus on what drives these waves. Through both qualitative and quantitative analysis, this paper aims to determine the causes of merger waves and looks at those causes through two different lenses: the neoclassical view, which states that economic shocks cause merger waves, and the behavioral view, which states that increases in merger activity are due to managerial behavior and …
To What Extent Do Religious Institutions Provide A Societal Value? Is The Tax-Exempt Status Justified?, Annabel Hou
To What Extent Do Religious Institutions Provide A Societal Value? Is The Tax-Exempt Status Justified?, Annabel Hou
Scripps Senior Theses
Religious institutions have been tax-exempt from almost all taxes for more than two centuries. The two primary justifications used to protect this ‘status’ is the constitution and the concept that churches provide positive externalities that believers and non-believers all benefit from. This paper examines the relationship between religiosity and five socially important characteristics: high school graduation rate, a divorce rate, incidence of domestic violence, and levels of substance abuse and crime. I run multiple simple and full regressions across 207 counties in Texas. In four of the five analyses, religiosity has a strong statistically significant desirable impact. With the addition …
The Impact Of Transportation Network Companies On Public Transit: A Case Study At The San Francisco International Airport, Lianne Renee Sturgeon
The Impact Of Transportation Network Companies On Public Transit: A Case Study At The San Francisco International Airport, Lianne Renee Sturgeon
Scripps Senior Theses
The emergence and rapid growth of Transportation Network Companies (TNCs), such as Uber and Lyft, has challenged the transportation industry by offering a new mode of transportation to consumers. It is imperative that transit agencies and cities understand the effect of TNCs on public transit usage to make informed decisions. This study analyzes the impact of TNCs on Bay Area Rapid Transit (BART) ridership at the San Francisco International Airport (SFO) to measure the effect of TNCs on public transit. Using a fixed effects model to analyze hourly BART and TNC ridership data from 2011 to 2018, these findings suggest …
Examining The Role Of Intra-Household Bargaining In The Adoption Of Green Technology, Antara Anand
Examining The Role Of Intra-Household Bargaining In The Adoption Of Green Technology, Antara Anand
Scripps Senior Theses
This paper investigates factors that affect gender-based differences in intra-household bargaining power that are reflected in consumption decisions regarding the adoption of green technology. Using data from the Indian Human Development Survey-II and a probit regression analysis, I find that increasing the level of a woman’s education (a proxy for increasing bargaining power) increases the likelihood of her household adopting LPG, the cleanest fuel option available. I also create an experimental design to serve as a next step for future research and target data collection on individual-level factors and environmental outcomes. The setup is for a potential intervention that assesses …
Sanitation, Ek Prem Katha: The Impact Of Sanitation On Education In Indian Government Schools, Romanshi Gupta
Sanitation, Ek Prem Katha: The Impact Of Sanitation On Education In Indian Government Schools, Romanshi Gupta
Scripps Senior Theses
The Total Sanitation Campaign is an initiative launched by the Government of India in 1999 to accelerate sanitation coverage throughout the country. This thesis measures the impact of the Total Sanitation Campaign on education in Indian government schools. I assess whether access to toilets, access to water or access to both toilets and water impact the following parameters of education: literacy, current enrollment in school or completed years of education. Data is sourced from the Indian Human Development Survey (IHDS) 2005, sorted for the nineteen major states in India and aggregated at a district level for each state. The analysis …
Circadian Variations And Risky Decision Making, Sana Sra
Circadian Variations And Risky Decision Making, Sana Sra
Scripps Senior Theses
Over the past decades, decision making under risk has garnered a great amount of attention both in the field of economics and psychology. Although state-dependent variabilities of risk taking are well-documented, little is known about the effects of a person’s preferred time of day, or chronotype, in risky decision making. Under circumstances of circadian mismatch (e.g., when an “early bird” makes decisions in the evening), research suggests that decision making may reflect a greater reliance on heuristics, such as using stereotypes in social judgments. However, the effects of circadian mismatch on heuristics in risky decision making are relatively unexplored. This …
The Impact Of Four-Day School Weeks And Fifth-Day Programs On Delinquency And Problem Behaviors In Adolescents, Emily Collins
The Impact Of Four-Day School Weeks And Fifth-Day Programs On Delinquency And Problem Behaviors In Adolescents, Emily Collins
Scripps Senior Theses
In recent years, tightening budgets have forced school districts to find new ways to save money. One way that has become increasingly popular is to shorten the traditional five-day school week to only four-days a week. This change is budget friendly and may act through efficiency wage theory as a recruitment tool for better teachers. Despite the increasing prevalence of districts running on four-day weeks, many of the effects of the shorter week on students are still unclear. Utilizing district-level panel data from the Colorado Department of Education, Study One took a difference-in-differences approach to determine the effect of the …
Gender Inequality In Hollywood: The Magnitude, Determinants, And Influence Of The Gender Wage Gap In The Film Industry, Taylor Milana
Gender Inequality In Hollywood: The Magnitude, Determinants, And Influence Of The Gender Wage Gap In The Film Industry, Taylor Milana
Scripps Senior Theses
In the field of labor economics, abundant research has been conducted on the cause and magnitude of the gender wage gap in various industries in the United States. While the national gender wage gap has decreased over the last few decades, this trend has not been observed in every industry. The film industry, in particular, has experienced a notable lack of progress in both its social and economic treatment of women. Because Hollywood has significant influence in the United States, its misguided portrayal of women and failure to ensure equal pay for male and female actors sets a harmful standard …
Measuring The Economic Costs Of Workplace Sexual Harassment On Women, Maureen R. Cowhey
Measuring The Economic Costs Of Workplace Sexual Harassment On Women, Maureen R. Cowhey
Scripps Senior Theses
Workplace sexual harassment costs the government and companies millions of dollars a year. Women who experience sexual harassment in the workplace suffer from negative mental and physical health problems, lower career attainment, decreased productivity, and a higher rate of job turnover. Sexual harassment is both costly and unjust, however the exact cost to women who experience sexual harassment is unknown. This thesis will measure the impact of workplace sexual harassment on wages in different industries. Using data on claims filed with the Equal Employment Opportunity Commission, I calculate and analyze the impact of sexual harassment on wages, age, sex, and …
New Technology, Old Ways? The Gender Price Discount In Online Contemporary Art Auctions, Madeleine Peterson
New Technology, Old Ways? The Gender Price Discount In Online Contemporary Art Auctions, Madeleine Peterson
Scripps Senior Theses
There is evidence there is a global gender price gap in traditional global art auctions. Taking into account recent technological advances in the secondary art market, this study examines if there is a gender gap for the sale prices of female artists’ work in the contemporary, online art auction market. The analysis uses a unique data set of art works sold in Christie’s Online-Only Auctions for the year of 2018. We regress measures of price on gender and controls for various characteristics of the art work and artist. We find that while there is discount in prices of 17% for …