Economics Commons^™

Heat & Social Cooperation: The Effects Of Thermal Stress On Altruism, Alexander J. Courtman

Master's Theses

Recent literature has highlighted the effects of temperature on economic outcomes and violence in humans, on both the interpersonal and intergroup levels: as temperatures rise, humans are more likely to exhibit increased aggression and agitation. However, little research has been done on how pro-social behaviors like cooperation and altruism among humans might respond to increased temperatures. As extreme heat events increase in frequency, will humans and communities work together in the face of adverse shocks and crises? Leveraging experimental data collected randomized controlled trails held in 4 locations across the world, this paper seeks to establish a relationship between thermal …

Information Loss In Volatility Measurement With Flat Price Trading, Peter C. B. Phillips, Jun Yu

Research Collection School Of Economics

A model of financial asset price determination is proposed that incorporates flat trading features into an efficient price process. The model involves the superposition of a Brownian semimartingale process for the effcient price and a Bernoulli process that determines the extent of price trading. The approach is related to sticky price modeling and the Calvo pricing mechanism in macroeconomic dynamics. A limit theory for the conventional realized volatility (RV) measure of integrated volatility is developed. The results show that RV is still consistent but has an inflated asymptotic variance that depends on the probability of flat trading. Estimated quarticity is …

Terrorism And Growth: Evidence From India And Egypt, Nibal Ezz Eldin Attia Nibal, Ahmed Sabry Abou Zaid

Future Journal of Social Science

The impact of terrorism is different in developed and developing countries, according to many economists. But what leads to variation in the consequences of terrorism among two developing countries? This paper takes into account two developing countries from two different continents and quantifies the impact of terrorism on GDP per capita. The data is extracted and arranged from the Global Terrorism Index (Humanity, n.d.) for India and Egypt from the years 1975-2018 and 1977-2018, respectively. A set of statistical analyses using the OLS and Newey-West method is used to examine the relationship between the variables. For India, an act of …

Liquid Border, Yingfan Jia

Masters Theses

A River is a mighty and constantly-evolving force, leaving behind an intricately designed and constantly changing system. Not just a river, the Rio Grande stretches all the way from Colorado before intersecting with the US-Mexico Border in southern Texas - a point where the powerful forces of nature now merge with a clearly-defined political boundary. The outcome of this is a unique ecological niche, which may often go unnoticed despite its distinctiveness.

Texas is famous for its farms and ranches, and the Rio Grande Valley of South Texas was once an agricultural hub. However, urbanization and the depletion of water …

Economic Impacts Of Investment Facilitation, Edward J. Balistreri, Zoryana Olekseyuk

Yeutter Institute International Trade Policy Review

After the successful adoption of the Trade Facilitation Agreement (TFA) in 2014, investment facilitation is gaining importance as the next policy priority for a plurilateral agreement under the World Trade Organization (WTO). In fact, more than 110 WTO Members aim to conclude the negotiations on the Investment Facilitation for Development (IFD) Agreement by mid-2023 after only three years of formal negotiations. Investment facilitation refers to actions taken by governments designed to attract foreign investment and maximize the effectiveness and efficiency of its administration through all stages of the investment cycle. The IFD agreement focuses on allowing investment to flow efficiently …

Aclp - Updated Estimates Of State Bead Allocations - As Of June 2023, New York Law School

Reports and Resources

No abstract provided.

(Wp 2023-02) What Are Reflexive Economic Agents? Position-Adjustment, Slam, And Self-Organization, John B. Davis

Economics Working Papers

If mainstream economics and its view of economic agents is designed for a world in which reflexivity and feedback processes in the economy are ‘tamed’ and predictable, how are we to understand economic agents in a world in which reflexivity is ‘untamed’ and economies regularly exhibit unexpected fluctuations and significant nonlinearities? In a nonlinear world, economies evolve and undergo critical phase transitions from one form of organization to another. It seems, then, that we should also expect economic agents to evolve and undergo critical phase transitions from being one type of agent to another just as we observe that economies …

Montana Travel Region & Counties - Economic Contribution Of 2021/2022 Averaged Nonresident Travel Spending, Kara Grau

Institute for Tourism and Recreation Research Publications

Nonresidents now spend over $5 billion in Montana each year. This report looks at the distribution of spending across Montana's six travel regions, as well as 18 of the 56 counties with the highest spending based on an average of 2021 and 2022 spending data.

Snowmobile Recreation In Western Montana, Liam Harry, Melissa Weddell

Institute for Tourism and Recreation Research Publications

This report is a summary of recreation snowmobilers in Western Montana regarding their visitor characteristics and demographics. The Institute forTourism and Recreation Research (ITRR) conducted surveys of snowmobilers to understand the profile and general characteristics of this user group.

Essays On Tax Impacts On Corporate Finance, Corporate Governance And Regional Disparity, Mei Li

Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters that cover topics on tax impacts on corporate finance, regional disparity and corporate governance.

Chapter 1 - How Do Net Operating Loss Carryforwards Affect Tax Impact on Corporate Capital Structure? This paper examines the impact of net operating loss (NOL) carryforwards on the tax implications of corporate capital structure. Leveraging the Tax Cuts and Jobs Act of 2017 (TCJA), the largest tax reform in four decades, this paper investigates the effect of NOL carryforwards on firms' sensitivity to tax reforms. As NOL carryforwards have become increasingly significant since 2000, but not widely researched due …

Economic Factors And Theories Of Decline And Reform In The Late Ottoman Empire C. 1789–1911, Peter S. Gomori

Dissertations, Theses, and Capstone Projects

Tribes of Turkish speaking people (“Turks”) migrated in the 11th century from the Central Asian Steppes to what we consider the Middle East. Over the next two centuries this community would expand north, west and south to form a vast empire: the Ottoman Empire. Possibly the peak of the size of this empire would probably occur during the 16^th century under the rule of the Sultan, Suleiman the Magnificent (1494- 1566) where the population of the Ottoman Empire was estimated to be up to 30 million. Yet there would be rivals. To the East was the Safavid Empire (today …

The Economic Surplus, The Baran Ratio, And Long Wave Cycles, Thomas E. Lambert

Faculty Scholarship

This paper briefly outlines the idea and development of the economic surplus concept at the macroeconomic level as opposed to the one in microeconomics often labeled as a Marshallian surplus. Of special interest and focus is the concept as developed and used by heterodox economists. The notion of a residual amount of output or income over and above what is necessary for a society’s consumption (education, housing, food, clothing, health care, transportation, and other necessities of life) that can be used either for further consumption by an elite class, used for reinvestment in productive activities, and/or wasted on unproductive efforts …

Protecting Youth From Mexican Drug Cartel Recruitment: The Prospects Of Educational Interventions, Lisa Hochstetler

Lux et Fides: A Journal for Undergraduate Christian Scholars

This investigation considers the impact of Mexico’s War on Drugs since 2006 and the influence of widespread cartel networks on the youth population. As both victims and perpetrators of drug-related crime, the young individuals of Mexico are the center of this research. The goal of this investigation was to determine how education in Mexico’s grade schools could be leveraged to protect its youth from drug-related violence and cartel recruitment. Therefore, the study examines both the challenges suffered by the education system due to the Drug War and the prospects for educational interventions to strengthen and protect youth over and against …

Correlated Equilibrium And Evolutionary Stability In 3-Player Rock-Paper-Scissors, William Grant

Department of Economics - Faculty Scholarship

In the game of rock-paper-scissors with three players, this paper identifies conditions for a correlated equilibrium that differs from the mixed strategy Nash equilibrium and is evolutionarily stable. For this to occur, the correlation device attaches more probability to three-way ties and solo-winner outcomes than would result from the Nash equilibrium. The correlated equilibrium is evolutionarily stable because any mutant fares worse than a signal-following player when facing two players who follow their own correlated signals. The critical quality of the correlation device is to make this true both for potential mutants who would disobey their signal and instead choose …

The Impact Of The "Whistle-To-Whistle" Ban On The Frequency And Placement Of Gambling Advertising On Uk Television, Ellen Mcgrane, Elizabeth Goyder, Rob Pryce, Matt Field

International Conference on Gambling & Risk Taking

Abstract

Introduction:

There are currently no legally enforced restrictions on the broadcast time of gambling advertising on UK television. In August 2019, the Industry Group for Responsible Gambling (IGRG) introduced a voluntary policy which limited advertising around live sports, creating a “safe” window of 5 minutes either side of a match, known as the “Whistle-to-Whistle” period. This policy intended to protect young and vulnerable people from the widespread exposure to gambling adverts on television during pre-watershed (9pm) live sports games.

Methods:

This study will employ panel data statistical models to explore the change in pre-watershed gambling advertising around live sports, …

The Effect Of Television Advertising On Gambling Behaviour: A Quasi-Experimental Study During The 2022 Qatar Fifa World Cup, Ellen Mcgrane, Rob Pryce, Matt Field, Elizabeth Goyder, Luke Wilson

International Conference on Gambling & Risk Taking

Abstract

Introduction:

The pervasiveness of gambling advertising and its relationship with football have been identified as areas of concern in the UK. Following the liberalisation of advertising laws in the 2005 Gambling Act, there has been increasing recognition of its public health impact. To date, there is a lack of evidence of the impact of advertising on behaviour in “real-world” settings.

Methods:

This study employs a natural experiment measuring the impact of television gambling advertising on the frequency of impulsive football bets placed during the World Cup. Longitudinal betting data collected from a sample of men (aged 18-45) will be …

Can Sports Gambling Become The Fount Of Revenue Consistency?, Richard A. Mcgowan

International Conference on Gambling & Risk Taking

Critics of legalization of gambling maintain that gambling revenue is at best stagnate or will eventually fall as a source of revenue. The stagnation of Lottery proceeds and casino revenue as sources of revenue seemed validate this criticism. But a new source of gambling revenue has recently been championed, namely sports gambling. So, the question this paper will attempt to answer is: Can sports gambling produce consistent and growing revenue that are needed to sustain public policy initiatives?

The legalization of sports gambling in NJ occurred on June 11th, 2018 and the first bet was placed on June 14th. New …

Demographic And Population Change In Mountain West Cities And Suburbs, 2020 Census, Zachary Billot, Saha Salahi, Caitlin J. Saladino, William E. Brown Jr.

Demography

This fact sheet examines the five metro areas with populations exceeding one million in the Mountain West, drawing from the Brookings Institution report, “Today’s Suburbs are Symbolic of America’s Rising Diversity: A 2020 Census Portrait” by William Frey. Demographic data are included for both primary city and suburban portions for the major metros in Arizona, Colorado, Nevada, and Utah.

The Application Of Transactional Fairness To The Gambling Sector, Seamus Mcgowan, Adam Rivers

International Conference on Gambling & Risk Taking

The idea of ‘fairness’ in consumer protection has been discussed for a long time. However, more recently there has been a renewed focus on the use of unfair pricing practices and terms in consumer markets and regulators and lawmakers are responding. Practices which can be considered unfair often emerge as companies develop new and innovative ways to engage with consumers including offering different prices and / or terms to different sets of customers.

Being ‘fair and open’ is an important principle for gambling regulation. In that context, this paper focusses on fairness in gambling markets and seeks to develop a …

Know When To Hold’Em Unpacking The Determinants Of Table Player Win / Loss And The Elasticity Of Table House Advantage, Clayton Peister

International Conference on Gambling & Risk Taking

Know when to hold’em

Unpacking the determinants of table player win / loss and the elasticity of table house advantage

Overview

There is significant disagreement about the role of house advantage (HA) in player value. For instance, the operations team often seek to introduce games with high HA, under the assumption that marginal improvements in HA translates into higher house win. By contrast, many casino marketing professionals argue that higher HA only reduces playtime and that a player’s budget is generally fixed. Leveraging over 300m individual player decisions from a major online Asian operator, we explore the role of HA …