Business Commons^™

Assessing The Efficacy Of Cites Restrictions On Malagasy Rosewood, Nicholas Cargill

Honors Theses

This paper seeks to determine whether the CITES trade restrictions on rosewood have been effective. Effectiveness will be measured by the amount of illegal logging the restrictions reduce. The Matt Hansen Global Deforestation dataset, which measures deforestation from year to year, will be analyzed in the Google Earth Engine Code Editor to determine the yearly amount of deforestation in Madagascar. This output will then be loaded into R and assessed using OLS estimation techniques to determine whether the ban had a significant impact on the amount of illegal logging occurring in Madagascar. Because CITES restrictions are lifted and restored with …

Tmi : An Examination Of Excess Returns Surrounding Phase Iii Fda Approvals, Luke Chiotelis

Honors Theses

Over the past three decades, the Biotechnology and Pharmaceutical industry has had the largest growth rate of any sector in the U.S. economy. Currently, the largest 10 companies have a market cap of over 700 billion dollars. In the past 20 years, Biotech has outperformed the Standard and Poor’s 500 index earning superior returns for those willing to invest in this risky, high growth industry (Bloomberg L.P.). This upward trend is expected to continue as both institutional and private investment in biotech continues to soar.

A better understanding of the FDA approval process and the way a company’s stock price …

The Effectiveness Of Promotions In Minor League Baseball : A Study Of The Eastern League, Collin R. Zucker

Honors Theses

Minor League Baseball (MiLB) is comprised of 247 teams playing in 17 leagues at six different levels. Every team in these leagues is an affiliate of a Major League Baseball (MLB) team, but many are privately owned and are therefore financially independent. While MiLB primarily serves as a development environment for future MLB players, profit maximization is still a goal of various front offices. Minor League Baseball has existed for over a century but only recently have teams been regarded as profitable investments. In Forbes’ “Most Valuable Minor League Teams” list published in 2016, the average value of the top …

Trade Evolution And Exchange Market Pressures, Bradley Rotter

Honors Theses

This paper looks at the relationship between trade openness and an exchange rate volatility index called exchange market pressure. The theory behind the paper is that increasing trade flows between nations should reduce economic volatility, as it allows for the correct allocation of goods and services across borders. The results show a negative relationship between an increase in trade openness and volatility as measured by exchange market pressures. The empirical estimate is based on 20 OECD nations from 1992 to 2007. Although, trade shows some impact on volatility, most instability arises from systematic risks that are felt globally.

Why Isn't China Exporting Automobiles? : A Model Of Technology Adoption, Nianchen Han

Honors Theses

In modern times, the automobile industry has become a relatively labor intensive industry as compared to other industries such as the food processing industry orIT industry. Normally, several people are involved in each process of an automobile production line. However, for a food processing firm such as a bottled water firm, it only takes a few people to control the huge machine in the factory. Under the Heckscher-Ohlin theorem’s assumption, a country will operate an industry that is intensive in its abundant resource. That means a labor abundant country will produce labor intensive goods and a capital abundant country will …

Generic Medicine Price Discrimination In The Emerging Market, Amy Mcmahon

Honors Theses

This paper studies price discrimination in forty emerging markets for forty-nine generic drugs for the therapeutic areas of cardiovascular diseases and infectious diseases. This paper studies how the age of a drug and how income distribution in a country affect the price discrimination of that drug in the country. Price data comes from the World Health Organization and Health Action International database. This paper shows that: (1) the longer the drug has been on the market, the less price discrimination that is present; and (2) the greater the income inequality in a country, the more price discrimination that is present. …

Autism Insurance Coverage : Which State Policies Work And Why?, Elizabeth Ivy Homan

Honors Theses

In the spring of 2011, Virginia's legislature passed its first autism insurance mandate via Senate Bill 1062 and House Bill 2467. As a legislative intern for Senator Janet Howell - the primary sponsor of SB 1062 - I was able to track the mandate from beginning to end. I observed conferences between Senator Howell and representatives from autism advocacy groups, I sat in on various Senate and House committee meetings, I carefully reviewed changes in the mandate's text when Senator Howell compressed her two original autism bills into one new bill in order to match Delegate Greason's HB 2467, and …

Textbook Bundling : Is It Really Worth The Sum Of Its Parts, Kati Simmons

Honors Theses

Studies have been conducted examining the impact of commodity bundling on company profits and the premium prices charged for these bundles. With recent news of the skyrocketing costs of higher education, it is critical to highlight the specific effects of commodity bundling on the prices of textbooks. A study performed by the Government Accountability Office in 2005 cited that a main cause of increasing textbook prices is the recent inclusion of textbook supplements such as software and workbooks. This paper investigates the impact that different types of supplements have on the overall price paid for the bundle. Aggregate sales data …

My Life At The Arts Council Of Richmond Or An Analysis Of A Senior Project On Advocacy, Laura Yeatts

Honors Theses

Advocacy entails different activities, dependent on the issue, but all types of advocacy have certain characteristics in common. Advocacy is promoting one's chosen cause by creating publicity, calling and writing legislators or others in power, developing programs to show off your cause, etc. The goal of all advocacy is to garner support from a wide range of people, especially those who can influence the success of your efforts. Most often that means influencing legislators who control public funding and business leaders who make up the bulk of private funding. Advocacy takes place at the grass roots level with community canvassing …

The Culmination Of A Major, Juli Finnell

Honors Theses

Recycling efforts up until now have been generally successful. The United States has gone from being a complete "throw-away" society to one with recycling firmly implanted in its consciousness. Over the past decade, the amount of material collected for recycling has increased dramatically. Yet, we must remember that recycling is much more than just collection. There are three stages involved in completing the full recycling cycle, and collection is only the first. The second and third stages involve reproduction and resale. Overall, America has done well on the first two stages. The advancement of technology has greatly increased our ability …

My Experiences With The Community Foundation, Jennifer L. Vest

Honors Theses

Founded in 1968, the Community Foundation is a philanthropic endowment serving the Greater Richmond and Central Virginia community. ...in the Foundation's 1992 Annual Report they write, "We exist to help individuals, corporations, and other foundations achieve their own unique ideas about community philanthropy. We provide permanent stewardship, efficient administration, and the opportunity for our benefactors to remain active in their giving." ...over 400 localities across the nation have created similar foundations that cumulatively manage $8 billion in assets. In 1992, The Community Foundation made grant commitments totalling $1,352,232 to 193 agencies in Greater Richmond and Central Virginia and has approximately …