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Full-Text Articles in Economics

Does Bitcoin Use Affect Crime Rates?, Kevin Keane Nov 2020

Does Bitcoin Use Affect Crime Rates?, Kevin Keane

The Corinthian

Bitcoin is the most widely used cryptocurrency in the world because of its decentralized network that completes user-to-user transactions, eliminating the need for intermediaries. During 2017, the volume of Bitcoin transactions totaled $94.3 trillion. Bitcoin transactions are recorded in a public database called the blockchain. Although the blockchain can keep track of how many transactions there are, it can’t identify the people involved in transactions. The lack of identity increases the anonymity of Bitcoin transactions, making it less detectable when used for crime. Using the Uniform Crime Reporting’s state-level crime rate data and blockchain’s Bitcoin transaction information, I estimate the …


Take Me Out To The Ball Game? The Effect Of Crime On Major League Baseball Game Attendance, Allison Jakubek Oct 2017

Take Me Out To The Ball Game? The Effect Of Crime On Major League Baseball Game Attendance, Allison Jakubek

Undergraduate Economic Review

Major League Baseball attendance has been examined since the league’s establishment in 1869. Winning percentage, opponent quality, and stadium quality have all been deemed significant determinants of increasing attendance, but deterring factors have yet to be closely examined. Since a majority of professional sports stadiums are constructed in economically poor, crime ridden areas, it seems natural to assume that crime could have an impact on people’s desire to attend Major League Baseball games. Panel data collected on twenty-eight teams over the course of ten years was used to determine whether or not crime rates have a significant effect on attendance.


European Integration And Anti-Money Laundering Cooperation, Allison Blauvelt Jan 2014

European Integration And Anti-Money Laundering Cooperation, Allison Blauvelt

Claremont-UC Undergraduate Research Conference on the European Union

This paper compares European Union anti-money laundering (AML) efforts with international efforts in scope and intensity through an analysis of the timeline of AML cooperation in Europe from 1980 to 2012, showing the creation or adoption date for relevant organizations and legislation, referred to as actions. The actors include United Nations bodies, the Financial Action Task Force, the Council of Europe, and European Union bodies. This paper also comments on the utility of different European Union (EU) integration theories in explaining the patterns in cooperation. The key finding of this paper is that international AML cooperation operates in waves, with …


An Economic Analysis Of The Death Penalty, Martin Kasten Jan 1996

An Economic Analysis Of The Death Penalty, Martin Kasten

University Avenue Undergraduate Journal of Economics

From an economic perspective, society should only use capital punishment if the marginal benefits outweigh the marginal costs. In the course of analyzing the economic efficiency of capital punishment, and before providing any recommendations, both the benefits and costs of the death penalty must be evaluated. Since the death penalty has been implemented for centuries, many people believe its benefits outweigh its costs. The evaluation of benefits in Part II will be compared to the costs assessed in Part III to determine if this long held assertion is correct.