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University of Vermont

2018

Articles 1 - 8 of 8

Full-Text Articles in Economics

Market Efficiency In U.S. Stock Markets: A Study Of The Dow 30 And The S&P 30, Colin Michael Van Oort Jan 2018

Market Efficiency In U.S. Stock Markets: A Study Of The Dow 30 And The S&P 30, Colin Michael Van Oort

Graduate College Dissertations and Theses

The U.S. National Market System (NMS), the largest marketplace in the world for securities and exchange traded funds, suffers from geographic market fragmentation which leads to reduced market efficiency.

Communication lines transmit price updates and other information between geographically isolated exchanges at varying speeds, bounded above by the speed of light.

Market participants have access to federally mandated information provided by the Securities Information Processor (SIP) and privately offered information provided by the exchanges, often called direct feeds.

These feeds are quantitatively and qualitatively distinct, with the direct feeds tending to provide more information at a faster rate than the …


Some Results On A Class Of Functional Optimization Problems, David Rushing Dewhurst Jan 2018

Some Results On A Class Of Functional Optimization Problems, David Rushing Dewhurst

Graduate College Dissertations and Theses

We first describe a general class of optimization problems that describe many natu- ral, economic, and statistical phenomena. After noting the existence of a conserved quantity in a transformed coordinate system, we outline several instances of these problems in statistical physics, facility allocation, and machine learning. A dynamic description and statement of a partial inverse problem follow. When attempting to optimize the state of a system governed by the generalized equipartitioning princi- ple, it is vital to understand the nature of the governing probability distribution. We show that optimiziation for the incorrect probability distribution can have catas- trophic results, e.g., …


A Human Side Of The Smart Grid: Behavior-Based Energy Efficiency From Renters Using Real-Time Feedback And Competitive Performance-Based Incentives, Daniel Fredman Jan 2018

A Human Side Of The Smart Grid: Behavior-Based Energy Efficiency From Renters Using Real-Time Feedback And Competitive Performance-Based Incentives, Daniel Fredman

Graduate College Dissertations and Theses

Our energy system is rapidly transforming, partially due to advances in internet and communications technologies that leverage an unprecedented amount of data. Industry proponents of the so-called “smart grid” suggest these technologies facilitate deeper engagement with end-users of energy (utility customers) that can in turn drive behavior-based changes and accelerate a renewable energy transition. While there has been progress in understanding how these technologies change consumer behavior using, for example, real-time feedback, it’s unclear how specific segments (e.g., renters) respond to these interventions; it’s also unclear why feedback is, or is not, producing changes in energy consumption. The literature suggests …


Cost-Benefit Analysis Of Universal Influenza Vaccination Programs: A Historical-Perspective Case Study Of Vermont, Bryan Charles O'Connor Jan 2018

Cost-Benefit Analysis Of Universal Influenza Vaccination Programs: A Historical-Perspective Case Study Of Vermont, Bryan Charles O'Connor

Graduate College Dissertations and Theses

Since 2010 the Center for Disease Control (CDC) and its Advisory Committee on Immunization Practices (ACIP) have recommended annual influenza vaccinations for all persons aged six months and up (ACIP, 2017). In December of the same year, the Agency of Health and Human Services (AHHS) unveiled Healthy People 2020, a series of health indicators and corresponding 10-year objectives. This newest iteration of the Healthy People program set target influenza vaccination levels for healthy adults 18 and older at 80% (AHHS, 2010).

Aside from the inherent health benefits, multiple studies conducted over the past decade suggest there may be significant economic …


Do Labels Make A Difference: Estimating The Impacts Of Vermont’S Gmo Labeling Law On Perceptions And Prices, Orest V. Pazuniak Jan 2018

Do Labels Make A Difference: Estimating The Impacts Of Vermont’S Gmo Labeling Law On Perceptions And Prices, Orest V. Pazuniak

Graduate College Dissertations and Theses

Vermont is the first and only state in the US to establish mandatory labels for food containing genetically modified organisms (GMOs). This thesis investigates the impact of the mandatory labeling law as it relates to changes in prices, quantities sold, and opinions of GMOs. First, grocery store scanner data from Vermont and Oregon are compared using triple difference (difference-in-difference-in-difference) models. Next, Vermont, Oregon, and Colorado survey response data are compared using difference-in-difference models. The findings reveal that there is a general price premium for non-GMO goods of $0.05/oz across all states and times, that mandatory labeling laws do not result …


Out-Of-Pocket Cost For Individuals Being Treated For Opioid Dependence In Rutland County, Vermont, Christopher T. Veal Jan 2018

Out-Of-Pocket Cost For Individuals Being Treated For Opioid Dependence In Rutland County, Vermont, Christopher T. Veal

Family Medicine Clerkship Student Projects

Each day more than 140 Americans die from drug overdoses, 91 specifically due to opioids. In Vermont, more than 50 people die each year from opioid poisoning. With insurance coverage being a critical component of Opioid Dependence Recovery, many people seeking treatment are unaware of the financial barriers to recovery- namely the out-of-pocket costs associated with treatment. This study sought to provide insight on the financial impact of Opioid Dependence Treatment on the patient, and provide financial assistance information to the Rutland County community.


Who Really Controls Haiti's Destiny? An Examination Of Haiti's Historical Underdevelopment, Endless Poverty, And The Role Played By Non-Governmental Organizations (Ngos), Patrick Scheld Jan 2018

Who Really Controls Haiti's Destiny? An Examination Of Haiti's Historical Underdevelopment, Endless Poverty, And The Role Played By Non-Governmental Organizations (Ngos), Patrick Scheld

Graduate College Dissertations and Theses

The presence of NGOs and development agencies is often considered an apolitical phenomenon, and that the very presence of NGOs within a country is a symbol of a global humanity in action; in short, NGOs equal charity which equals good work. Unfortunately, the reality is often much more complicated as NGOs can also be found to be self-serving, anti-democratic and strictly in pursuit of their next funding source. In this thesis I advance the central hypothesis that the international community’s continued pursuit of an NGO-led neoliberal economic development model has systematically failed to contribute to the sustainable development of Haiti …


Becoming Eco-Logical With Second-Order Systems Theory: Sustainability In Re-Organization Of Economies And Food Systems, Skyler Knox Perkins Jan 2018

Becoming Eco-Logical With Second-Order Systems Theory: Sustainability In Re-Organization Of Economies And Food Systems, Skyler Knox Perkins

Graduate College Dissertations and Theses

Ecological Economics has emerged across disciplines, and has begun to disentangle, not only the relationship between biophysical earth systems and economic activity, but also, fundamental relationships between objectivity, power, value, ethics, perspective and purpose.

In part, this thesis represents an effort to illustrate basic transdisciplinary concepts necessary for understanding the project of Ecological Economics. At present, Ecological Economics is challenged by a seemingly infinite number of available considerations, with a relatively narrow repertoire of impactful mechanisms of control. Given this, it is apparent that the application of Cybernetics to Ecological Economics might provide insights. Cybernetics can help to lend concise …