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Articles 1 - 20 of 20
Full-Text Articles in Economic Theory
Chinese Political Rhetoric And Ideology: Tension And Pretension, Israel Paredes
Chinese Political Rhetoric And Ideology: Tension And Pretension, Israel Paredes
Honors Theses
This changing nature of the Chinese government’s ideology leads one to believe that its core beliefs are not dogmatic, despite the foundation for their ideology being rooted in specific societal and economic theories. Starting with Mao Zedong to modern day, the Chinese government officials will continue to support the original tenets (and, no doubt, future presidents’ additions to the tenets). However, the interpretation of their ideology over time is fluid and is used to support policies and actions during a political cycle. Chinese political leaders are unlikely to disagree with a past leaders, and will rather use their own interpretation …
When God Gives You Tomatoes, Don't Import Them From Italy: A Case Study On The Impact Of Supranational Institutional Policy On The Ghanaian Tomato Industry, Kaci Wilcox
Honors Theses
Supranational organizations such as the International Monetary Fund (IMF), the World Bank, and the European Union (EU) have impressed market liberalizing policies upon developing countries for decades in efforts to stabilize their economies and introduce them to global markets. While these programs and the resulting popular scholarly debates are typically geared toward macroeconomic indicators, the way those policies affect industries on the micro level has been somewhat overlooked, especially when considering how such policy over time could affect an individual industry. This thesis studies how supranational organizations such as the IMF, the World Bank, and the EU contribute to the …
Finance And Fear: Sentiment, Media, And Financial Markets During The Covid-19 Pandemic, Alison N. Sommers
Finance And Fear: Sentiment, Media, And Financial Markets During The Covid-19 Pandemic, Alison N. Sommers
Honors Theses
This thesis aims to build on existing research of market psychology and the effect of sentiment on financial markets. The main objective of this study is to determine the ability of investors to make rational decisions during the most recent period of high sentiment. The anomalies that have occurred in the stock market can be better understood by market psychology which focuses on the biases and social factors that influence investors. The media is a newly relevant factor impacting the volume of sentiment present in the market. A review of literature reveals that many studies of sentiment and financial market’s …
The Coronavirus Pandemic And Participation In The Influencer Economy, Emma Grace Richbourg
The Coronavirus Pandemic And Participation In The Influencer Economy, Emma Grace Richbourg
Honors Theses
The 2019 coronavirus pandemic, also referred to as the COVID-19 pandemic, altered day-to-day life and has effected the economy quite notably. The aim of this paper is to determine to what extent the COVID-19 pandemic altered consumer behavior and whether these alterations encouraged participation in the influencer economy, which represents social media influencers who create and monetize online content. In order to do so, I administered a survey to 250 respondents to evaluate the reach of influencers during the pandemic and whether social media users felt the presence of influencers was an effective marketing technique. I also conducted an analysis …
Two Sided Matching: A Study Of Underemployment, Benjamin E. Plevin
Two Sided Matching: A Study Of Underemployment, Benjamin E. Plevin
Honors Theses
This paper lays out a general equilibrium framework to study and predict the underemployment rate. A heterogeneous labor market in which both workers and firms differ in skill type is considered and calibrated to simulate both unemployment and underemployment rates. Qualitatively, the model’s predictions match the empirical evidence suggesting underemployment decreases with increases to unemployment insurance. Quantitatively, the one-shot foundation limits the model’s predictive capabilities.
The Leveling Spirit: Violence And Inequality In Postwar Iraq, Griffin Perrault
The Leveling Spirit: Violence And Inequality In Postwar Iraq, Griffin Perrault
Honors Theses
The Iraq War (2003–2011) constitutes by some estimates one of the deadliest and most destructive conflicts of the 21st century (Hagopian et al., 2013). In addition to the disputed figures of excess violent civilian casualties––generally ranging from 180,000 to 210,000 deaths––the war has created one of the major refugee crises of modern times, with 1 in 25 Iraqis estimated to have been displaced from their homes by the 2003 invasion (Costs of War, 2021). While much of this violence has been wrought by American and Iraqi coalition troops, violence against civilians has also been perpetuated by insurgent groups and paramilitary …
Dynamic Double Auctions: An Analysis Of Secondary Sneaker Market And Its Future As An Nft Marketplace, Chris Zhu
Honors Theses
A theoretical analysis of a dynamic double auction over time shows that greater market density can result in more aggressive trading strategies from buyers and sellers. In addition, my model suggests a fast price discovery period initially, with impatient investors having a more aggressive approach. I confirm these results using resale sneaker data from the StockX website for five deadstock sneakers. I find that market density is positively correlated with bid prices, and the bid-ask spread decreases over time during the price discovery period. However, the results also indicate that sellers price in additional transaction costs and lags in their …
Investigating The Economic Effects Of Food Affordability, Food Access, And Education On Obesity Rates In Mississippi Counties, Youssef Osman
Investigating The Economic Effects Of Food Affordability, Food Access, And Education On Obesity Rates In Mississippi Counties, Youssef Osman
Honors Theses
The growing rate of obesity across the United States is a topic of great concern considering both the health and financial costs associated with the disease. Many researchers have sought to determine the major causes of obesity so that policy suggestions can be made to reduce its occurrence. Some of the referenced drivers of obesity include high food costs, poor access to healthy food, and a lack of knowledge regarding nutrition. This thesis seeks to find the effects of county-level food prices, income, food access, and education level on obesity rates in Mississippi counties. The analysis uses cross-sectional data from …
Naloxone Access And Opioid Use: A Theoretical Analysis, Caroline Dunsby
Naloxone Access And Opioid Use: A Theoretical Analysis, Caroline Dunsby
Honors Theses
Naloxone, commonly known by the brand name Narcan, is a medication that reverses the potentially fatal effects of an opioid overdose. Amidst the opioid epidemic that has taken tens of thousands of lives each year, many policies have been enacted to increase the public's access to naloxone, allowing non-medical personnel to save lives. There have been two distinct reactions to these policies. Those that support the policies state that harm reduction measures are necessary to save lives. Those that oppose the policies claim that by providing naloxone, states may be increasing risky opioid use - suggesting that naloxone leads to …
Celtic Tiger Ireland As A Case Study In The Practical Application Of Neoliberal Economic Policy, Natalie Sneed
Celtic Tiger Ireland As A Case Study In The Practical Application Of Neoliberal Economic Policy, Natalie Sneed
Honors Theses
The Celtic Tiger economic boom, which occurred in Ireland from approximately 1987 to 2009 has generally been considered one of the most remarkable economic turnarounds in any country in the modern era. My purpose in this project was to identify the primary causes and effects of such rapid and dramatic economic growth and development to determine whether it is sensible for other countries emerging from colonial rule to seek to emulate the Irish economic model. Through a review of the economic literature on the Irish economy in the last three decades, I identify Ireland’s implementation of a neoliberal economic policy …
The Business Cycle And Health: An Analysis Of How Macroeconomic Conditions Impact Health Outcomes In The U.S., Talitha Kumaresan
The Business Cycle And Health: An Analysis Of How Macroeconomic Conditions Impact Health Outcomes In The U.S., Talitha Kumaresan
Honors Theses
The U.S. spends about twice as much per person on healthcare, yet the disease burden remains higher in the U.S. than in comparable countries (Sawyer and Cox 2018; Sawyer and Gonzales 2017). Although health status is perceived to be an outcome of individual decision making, the business cycle also affects health. While the effect of macroeconomic shocks on health outcomes has been studied extensively, results remain inconclusive. This analysis uses longitudinal data over 30 years and panel data models to examine the effect of macroeconomic conditions on obesity, diabetes, hypertension, depression, congestive heart failure, and heart attack or myocardial infarction. …
Game Theory In Cricket, Shabab Ahmed
Game Theory In Cricket, Shabab Ahmed
Honors Theses
The paper uses the natural setting of cricket to test theoretical predictions in game theory. In this setting, the agents play a one-shot-two-person constant sum game. The paper assesses whether trained professionals in cricket follow the `mix' of strategies predicted by Nash equilibria. The test uses a unique dataset derived from commentary data comprising of bowler and batsman strategies and outcomes. The paper creates a model for bowler-bastman interactions in cricket and uses this in conjunction with the data to generate predicted Nash equilibrium frequencies. These predicted frequencies are then compared with the actual frequencies from the data. My study …
Investigating The Effect Crime Has On Uber And Yellow Taxi Pickups In Nyc, Kebing Li
Investigating The Effect Crime Has On Uber And Yellow Taxi Pickups In Nyc, Kebing Li
Honors Theses
How to manage the relationship between Uber and the local taxi industry has been a long-lasting and hot topic for most of the major cities around the world. Whether Uber is stealing money from and undermining the local taxi drivers or it is beneficial for public transportation has no certain conclusions. In this paper, we focus on the city of New York, where both Uber and traditional Yellow Taxi play important roles in public transportation and city culture in general, and we are trying to investigate the factors that are going to affect Uber and Yellow Taxi pickups in New …
Extraordinary Episodes Of Ancient Money, Francis Louis Kailey
Extraordinary Episodes Of Ancient Money, Francis Louis Kailey
Honors Theses
The spread of coins, which occurred throughout the archaic and classical periods of Greece, was a foundational advancement toward forms of the modern economy. Modern theory has sought to explain the invention of coins with a variety of narratives. Generally, these narratives fall into two broad categories: market-driven monetization or state-driven monetization. On the one hand, some theory argues that coins developed from reducing private transaction costs. On the other hand, some theorists argue that the state benefitted from reductions in administrative costs from the use of coins and therefore undertook the cost of minting them. This thesis problematizes these …
Mechanism Design, Matching Theory And The Stable Roommates Problem, Yashaswi Mohanty
Mechanism Design, Matching Theory And The Stable Roommates Problem, Yashaswi Mohanty
Honors Theses
This thesis consists of two independent albeit related chapters. The first chapter introduces concepts from mechanism design and matching theory, and discusses potential applications of this theory, particularly in relation to dorm allocations in colleges. The second chapter investigates a subset of the dorm allocation problem, namely that of matching roommates. In particular, the paper looks at the probability of solvability of random instances of the stable roommates game under the condition that preferences are not completely random and exogenous but endogenously determined through a dependence on room choice. These probabilities are estimated using Monte-Carlo simulations and then compared with …
Optimum Currency Areas And The European Experience: An Examination Of Diverging Competitiveness Among Key Eu Nations, Karol Jablonski
Optimum Currency Areas And The European Experience: An Examination Of Diverging Competitiveness Among Key Eu Nations, Karol Jablonski
Honors Theses
Now in its 18th year of existence, the European single currency - 'the most daring act of integration since the launch of the European integration project' - is facing its biggest challenge yet. Greece, Portugal, and Ireland are still experiencing economic hardships, even after receiving substantial bailout packages in order to avoid defaulting on their debt. Italy and Spain - 'the third and fourth largest economies in the Eurozone' - are close behind, combining high public debts, large budget deficits, and low growth. Germany and France, considered the most robust economies of the Eurozone, are feeling the strain of supporting …
The Effects Of The One-Child Policy On Household Financial Decisions, Sylvia M. Xu
The Effects Of The One-Child Policy On Household Financial Decisions, Sylvia M. Xu
Honors Theses
The Chinese One-Child Policy, enacted in 1979, was an attempt to decrease the population growth rate following a period of massive social and political confusion and uncertainty. While the policy was beneficial to curbing the population growth in China, it also introduced unintentional consequences, including sex imbalance, and other demographic differences. The goal of this paper is to examine the economic behavior and financial decisions of son-families and daughter-families across different provinces and regions of China, which have varying levels of sex imbalance, as a result of a cultural preference for sons. These financial decisions include the household saving rate, …
Economic Impacts Of The Fifa World Cup In Developing Countries, Mirele Matsuoka De Aragao
Economic Impacts Of The Fifa World Cup In Developing Countries, Mirele Matsuoka De Aragao
Honors Theses
Hosting mega events, which have traditionally been a privilege of developed nations, became an attainable goal for developing countries starting in 2008. This might seem to be a positive step, but there are speculations concerning the real benefits and expenses those games generate. The aim of this thesis is to investigate if it is recommendable for a developing country to host a World Cup. This question is answered through an analysis of the two previous World Cups in South Africa (2010) and Brazil (2014). The research involves comparing before and after data for both countries on government expenditure, labor market, …
Economic Leapovers, William Hunter Wolf
Economic Leapovers, William Hunter Wolf
Honors Theses
This paper examines the phenomenon of economic leapovers in technology. Leapovers are defined and placed in historical context, with some examples from telecommunications and case settings from Russia and China. In particular, the socioeconomic factors behind leapovers are noted and analyzed in light of several classical economic doctrines of Adam Smith, David Ricardo, Thomas Malthus, and Karl Marx. The potential for other leapovers is also examined in an extension.
A Study Of The Utility And Validity Of Earnings Forecasts, Michael P. Howell
A Study Of The Utility And Validity Of Earnings Forecasts, Michael P. Howell
Honors Theses
According to William J. Casey, the past Chairman of the Securities and Exchange Commission, and recently appointed Under Secretary of State and Economic Affairs, forecasting should be the first and most important priority of all areas of management and public accounting. Only large institutional investment corporations have had access to such "useful" information when needed. Consequently, large investors are able to make more objective and intelligent investment decisions. A recent study determined that few investment corporations veritably have access to pertinent internal forecasting models. In fact, when interviewed, many executives claimed that even if they could procure such information, they …