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Social and Behavioral Sciences Commons™
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Articles 1 - 9 of 9
Full-Text Articles in Social and Behavioral Sciences
Market Concentration: The Effects Of Technology, David Janashvili '02
Market Concentration: The Effects Of Technology, David Janashvili '02
Honors Projects
Market concentration is often viewed as an important indicator of monopoly power, which makes it a key aspect for analyzing antitrust and other cases. A good understanding of what market concentration is and how it arises is crucial to policy decision making, especially in today's world where large corporations often tend to dominate the business scene. In this paper I investigate how factors accounting for technological change affect market concentration holding constant the effects of other recognized determinants of concentration.
The Effects Of Malpractice On Medical Specialties, Melinda Mannlein '02
The Effects Of Malpractice On Medical Specialties, Melinda Mannlein '02
Honors Projects
"Tort law refers to the set of legal rules and practices that govern wrongful injuries to persons or property" (Culyer & Newhouse, 2000). In today's world, individuals highly utilize the law as a resource for blame and compensation. One of the best demonstrations of this mentality is the reaction of some Americans to the terrorist attacks of September 11, 2001. For instance, in Florida, two men filed a $1.1 trillion lawsuit against Osama bin Laden, claiming that his terrorist acts threatened them with personal injury and forced them to re-fortify their bomb shelters. Additionally, they accuse bin Laden of causing …
Bubble Mania Or Not?, Justin Leverton '02
Bubble Mania Or Not?, Justin Leverton '02
Honors Projects
While many economists define a "bubble" as a deviation from stock market fundamentals, Charles Kindleberger defines a bubble as an upward price movement over an extended range that tends to implode (Kindleberger 1996). An extended negative bubble is a crash. The nature of these beasts makes them very important to the investor. Business schools teach students about the efficient market hypothesis and the economically rational individual. Bubbles make investing difficult because prices deviate from their fundamental valuations. If market fundamentals can not predict prices, the investor is forced to learn new ways of investing.
The Demand For Marijuana, Cocaine, And Heroin, Katherine Hampson '02
The Demand For Marijuana, Cocaine, And Heroin, Katherine Hampson '02
Honors Projects
In the last fifteen years, the "War on Drugs" has led to a large increase in the incarceration of individuals due to drug use. Drug-related convictions have increased at a faster rate than convictions for violent crimes (Reid, 2000). The severity of the epidemic is obvious in California where 75% of incarcerated individuals are there due to drug-related convictions. As the drug problem worsens, police find themselves shifting their focus away from violent and serious property crimes. In addition, the influx of drug-related convicts has caused the parole rate for other inmates to increase, sending violent criminals away from prison …
The Effects Of Family, Social And Background Factors On Children's Educational Attainment, Megan De Serf '02
The Effects Of Family, Social And Background Factors On Children's Educational Attainment, Megan De Serf '02
Honors Projects
In a perfect world, children of all races, socioeconomic backgrounds, and family types would not only have the opportunity to receive a higher education, but they would also take full advantage of these opportunities. The educational level of children in the ghettos of Chicago or St. Louis would be equal to their suburban counterparts. However, it is not a perfect world, and educational attainment of children and young adults from varying backgrounds differ greatly.
Czech Voucher Privatization: A Case Of Decision Making Under Uncertainty, Katia Hristova '02
Czech Voucher Privatization: A Case Of Decision Making Under Uncertainty, Katia Hristova '02
Honors Projects
Voucher privatization, a kind of large-scale privatization, was of special importance. It was conducted by the Czech Government in order to redistribute property among the population in a situation of complete lack of domestic private capital. All citizens over the age of 18 had the opportunity to obtain a voucher book. However, by providing little information about the process, the Government was really aiming only at the knowledgeable citizens who would be successful entrepreneurs. Voucher privatization was also thought of as a way to speed up the transition in the economy.
English Language Proficiency And The Earnings Of Mexican Immigrants, Jeremy Sanford '02
English Language Proficiency And The Earnings Of Mexican Immigrants, Jeremy Sanford '02
Honors Projects
Since 1965, the US has seen increasingly large numbers of immigrants crossing its borders. Indeed, more immigrants are arriving now than at any point in the past; the 1990's saw a higher number of immigrants enter the US than any previous decade (INS 1999). A disturbing corollary to the recent explosion in immigration is the corresponding decline of immigrant earnings relative to the earnings of natives. A cursory glance at the literature strongly suggests the changing national origin of immigrants as the main cause of this relative earnings decline. As a prime example, Mexican immigrants now outnumber any other national …
The Relationship Between Economic Freedom And Soci-Economic Development, Anisha Madan '02
The Relationship Between Economic Freedom And Soci-Economic Development, Anisha Madan '02
Honors Projects
The concept of economic freedom is not a novel one in economic theory. Since the time of Adam Smith, if not before, economists have believed that the freedom to choose and supply resources, compete in business, trade with others, and secure property rights are central ingredients of economic progress (North and Thomas, 1973). Adam Smith (1776-1937) explained how the invisible hand of the marketplace enhanced the wealth of nations. David Ricardo (1821-1912) advocated free trade as a means of producing economic growth. Milton Friedman said, "I believe that free societies have arisen and persisted only because economic freedom is so …
The Cellular Divide: A Comparative Analysis Of Mobile Phone Usage In Spain And The United States, Deborah J. Slezak '02
The Cellular Divide: A Comparative Analysis Of Mobile Phone Usage In Spain And The United States, Deborah J. Slezak '02
Honors Projects
The usage of mobile phones has dramatically increased in the past decade, narrowing the boundaries of size, space, and time. It is this "death of distance" that will be the single most important economic force shaping all of society over the next half century. The economic prosperity of the United States has contributed to the increase in this "luxury" telecommunication device, but how can the rapid increase in European countries with lower per capita incomes such as Spain be explained? The purpose of this paper is to examine mobile phone usage and penetration rates in the United States compared to …