Physical Sciences and Mathematics Commons^™

Studying The Relationship Between Financial Risk Aversion And Income With The Jeopardy! Daily Double, Miles Johnson

Mahurin Honors College Capstone Experience/Thesis Projects

It has long been up for debate as to whether there is a link between financial risk aversion and income. This study’s purpose is to, using data from the game show Jeopardy!, investigate this question through analytical research. This study made use of multiple regression analyses in order to examine the relationship between income and risk aversion in Jeopardy! contestants who appeared on the show between January 2019 and October 2020. Specifically, this study looked to isolate the potential impact a contestant’s estimated annual income had on their willingness to bet on the Jeopardy! Daily Double question. It was …

Interdependence Across Foreign Exchange Rate Markets- A Mixed Copula Approach, Richard Adjei-Boateng

Masters Theses & Specialist Projects

The purpose of this thesis is to study the dependence structure of exchange rate pairs using a mixture of copula as opposed to a single copula approach. Mixed copula models have the ability to generate dependence structures that do not belong to existing copula families. The flexibility in choosing component copulas in this mixture model aids the construction of a system that is simultaneously parsimonious and flexible enough to generate most dependence patterns in exchange rate data. Furthermore, the method of mixture copulas facilitates the separation of both the structure and degree of dependence, concepts that are respectively embodied in …

The Economic Determinants Of American Professional Sports Franchise Valuations, Ryan Flora

Mahurin Honors College Capstone Experience/Thesis Projects

This thesis seeks to analyze the impact of regional identities on American professional sports team valuations. Regional identities are classified as any name of a team that is not tied directly to the city that they reside in. For example, the Carolina Panthers have a regional identity because they are not based out of “Carolina”, they are based out of Charlotte, North Carolina. Another example would be the Arizona Cardinals, whose name encompasses the whole state of Arizona rather than Phoenix, the city they are based out of. The leagues that will be involved in this study are the National …

An Analysis Of The Success Of Farmers Markets In Kentucky Using Logistic Regression And Support Vector Machines, Jeron Russell

Mahurin Honors College Capstone Experience/Thesis Projects

The purpose of this research is to look at the relationship that market-specific, economic, and demographic variables have with the success of farmers markets in Kentucky. It additionally seeks to build a tool for predicting farmers market success that could be used by policy makers to aid in decision-making processes concerning farmers markets. Logistic regression and Support Vector Machines (SVMs) are used on data acquired from the Kentucky Department of Agriculture and the American Community Survey in order to analyze the data in a traditional statistical approach as well as a machine learning approach. The results included an SVM model …

Optimal Control Theory And Estimation Of Parameters In A Differential Equation Model For Patients With Lupus, Peter Agaba

Masters Theses & Specialist Projects

System Lupus Erythematosus (SLE) is a chronic inflammatory autoimmune disorder that affects many parts of the body including skin, joints, kidneys, brains and other organs. Lupus Nephritis (LN) is a disease caused by SLE. Given the complexity of LN, we establish an optimal treatment strategy based on a previously developed mathematical model.For our thesis work, the model variables are: Immune Complexes (I), Pro-inflammatory mediators (P), Damaged tissue (D), and Anti-inflammatory mediators (A). The analysis in this research project focuses on analyzing therapeutic strategies to control damage using both parameter estimation techniques (integration of data to quantify any uncertainties associated with …

[Sabbatical Report], Alex Lebedinsky

Sabbatical Reports

During the sabbatical leave I collaborated with Dr. Ferhan Atici of the Mathematics department on a new theory of mathematical modeling called Time Scale Calculus (TSC). Dr. Atici and I are also working on another article (titled) "Cagan-type rational expectation model on complex discrete time domains."

A Normal Truncated Skewed-Laplace Model In Stochastic Frontier Analysis, Junyi Wang

Masters Theses & Specialist Projects

Stochastic frontier analysis is an exciting method of economic production modeling that is relevant to hospitals, stock markets, manufacturing factories, and services. In this paper, we create a new model using the normal distribution and truncated skew-Laplace distribution, namely the normal-truncated skew-Laplace model. This is a generalized model of the normal-exponential case. Furthermore, we compute the true technical efficiency and estimated technical efficiency of the normal-truncated skewed-Laplace model. Also, we compare the technical efficiencies of normal-truncated skewed-Laplace model and normal-exponential model.

Cagan Type Rational Expectations Model On Time Scales With Their Applications To Economics, Funda Ekiz

Masters Theses & Specialist Projects

Rational expectations provide people or economic agents making future decision with available information and past experiences. The first approach to the idea of rational expectations was given approximately fifty years ago by John F. Muth. Many models in economics have been studied using the rational expectations idea. The most familiar one among them is the rational expectations version of the Cagans hyperination model where the expectation for tomorrow is formed using all the information available today. This model was reinterpreted by Thomas J. Sargent and Neil Wallace in 1973. After that time, many solution techniques were suggested to solve the …

Empirical Methods For Predicting Student Retention- A Summary From The Literature, Matt Bogard

Economics Faculty Publications

The vast majority of the literature related to the empirical estimation of retention models includes a discussion of the theoretical retention framework established by Bean, Braxton, Tinto, Pascarella, Terenzini and others (see Bean, 1980; Bean, 2000; Braxton, 2000; Braxton et al, 2004; Chapman and Pascarella, 1983; Pascarell and Ternzini, 1978; St. John and Cabrera, 2000; Tinto, 1975) This body of research provides a starting point for the consideration of which explanatory variables to include in any model specification, as well as identifying possible data sources. The literature separates itself into two major camps including research related to the hypothesis testing …

Monopoly, Regulation, And Innovation, Matt Bogard

Economics Faculty Publications

Recently the Justice department has started investigations into alleged anti-trust violations by Monsanto. This has helped fuel a lot of already hyped discontent with one of the world’s leaders in innovative solutions for sustainable agriculture. This article discusses how the regulatory environment could possibly have contributed to more concentration and power in the biotech industry. Increasing regulation would likely have the opposite effect of creating a level playing field in the agriculture industry. From AgWeb, March 27,2010 http://www.agweb.com/blog/Economic_Sense_190/Monopoly_Regulation__and_Innovation_10771/

Analysis Of Economic Models Through Calculus Of Variations, Raman Arora

Masters Theses & Specialist Projects

This thesis is a combination of two science fields: Mathematics and Economics. Mathematics is often used to formulate a clear and concise solution to economic problems. In my observation calculus of variation has often been used in various macroeconomic problems. This mathematical method deals with maximizing or minimizing of various objective functions given a set of constraints. This topic brings out one of the best ways to show the relationship between mathematics and economics. My thesis consists of three parts: The first chapter contains a review of the calculus of variations. Basic definitions and important conditions have been stated. The …

Ua35/11 Student Honors Research Bulletin, Wku Honors Program

WKU Archives Records

The WKU Student Honors Research Bulletin is dedicated to scholarly involvement and student research. These papers are representative of work done by students from throughout the university.

• Albin, Bettye. John Dryden's Criticism: The Neglected Link
• Allen, Christopher. Martial Reflections: Ancient Cultures and Their War-Gods
• Case, Laura. Climatic Preference
• Deller, Kathy. Regression Analysis: The Effects of Advertising, Price, Income and Import Sales on American-Made Auto Sales
• Downing, Elizabeth. Dorothy Leigh Sayers: Detective of Literary Theory in The Mind of the Maker
• Elder, Janice. A Retrospective Study on Discharge Planning and Primiparas at Breckinridge Memorial
• Flora, Joan. Narcissism and the Need for …

Ua77/1 Western Alumnus, Vol. 49, No. 4, Wku Alumni Association

WKU Archives Records

Alumni magazine published by WKU. This issue has the following articles:

• Kerrick, Sara-Lois. Western's First Lady – Harriet Downing
• Bennett, Jo. Oral History, History on Tape
• Snodgrass, Jim. A Freshman Dabbles with Ethylene Gas and Has a Surprising Result – Steve Estok
• Bennett, Jo. Mark Twain Slept Here – Gene Rich
• Given, Ed. It's a Long Time to December – Gene Keady
• Gross, Jan. Shakertown, More Than a Memory
• Conway, Sheila. WKU Fine Arts Festival
• Armstrong, Don. Free Enterprise and Free People
• Highland, Jim. Joseph Cangemi in Venezuela, Latin American Connection
• Jack Corn Photographer
• Julian Carroll Addresses Graduates
• Regents Appoint …

The Fresh-Water Mussel Industry Of The Lower Tennessee River: Ecology & Future, Randall Grace

Masters Theses & Specialist Projects

The fresh-water mussel industry of the Tennessee River is nearing an end. Overharvesting, habitat alterations, and pollution are the major contributors to the depletion of the mussel resource, upon which the shell industry is based. A history of unconcern by shell harvesters and weak conservation enforcement by governmental agencies, has left the major waterways of the United States nearly void of commercial clams. The lower Tennessee River presently supplies the mussel industry with nearly all the important species of mollusks. If this industry is to be maintained in the United States, ways to preserve and propagate the mussel population must …

Ua66/8/5 Kyrock - The World's Best Pavement, George Huntington Clark, Ellen Churchill Semple Geographical Society

Student Organizations

Speech regarding Kyrock by George Huntington Clark, consulting geologist to the Kentucky Rock Asphalt Company given at a meeting of the Ellen Churchill Semple Geographical Society.