Behavioral Economics Commons^™

Three Essays On Gender Differences On Risk Preferences And Credit Market Constraints, Jyoti Rai

Dissertations

The disadvantages that women face in the financial market hamper their social and economic well-being. These disadvantages may arise from their own risk preferences or from financial market. The aim of this dissertation is to examine different aspects of the disadvantages that women face in the U.S Financial Market. In that light, I present three essays that analyze gender differences in risk preferences and credit market constraints. I use the Survey of Consumer Finances (SCF) data for all my empirical analysis.

In the first essay, I examine whether women exhibit greater financial risk aversion than men using attitudinal and behavioral …

The Economic Cost Of Depressive Disorders: Evidence From A Large Midwest Public University, Alketa Hysenbegasi

Dissertations

This dissertation aims to estimate the total cost of depression and the benefits of its treatment per diagnosed depressed student in Western Michigan University. To accomplish this, first, I measure the overall impact of depression and the effectiveness of its treatment on the student school performance. The empirical evidence show that diagnosed depression decreases student GPA by 0.48 points (almost a half grade), but this impairment is reduced by treatment about 0.43 points. Further, I develop and validate different measurements of student school performance and I observe that the negative effect of diagnosed depression and the positive effect of treatment …

Underdevelopment As Meta-Axiological Dilemma: The Socioeconomic Implications Of African Axiology For Rational Choice Determinants Of Microeconomic Agency, Sundiata Keita Ibn-Hyman

Dissertations

The intergenerational problems of indigence, poverty and social dysfunction that plague African societies are inextricably grounded in the broader issue of ethnocentrism in neoclassical microeconomics. Economic anthropology provides a methodological critique of the conceptual limitations of neoclassical micro-behavioral assumptions narrowly imposed on non-westem economic organization. While recognizing non-westem economic praxes, the sociological implications of strict neoclassical microeconomic agency for non-westem socioeconomic development is conspicuously ignored. The critique fails to specifically consider the impact of neoclassical ethnocentrism to non-westem sociocultural organization and improvement.

This research utilizes an African-centered, social psychological approach to examine the paradigmatic implications of rational choice criteria for …