Digital Commons Network^™

Giving In Dictator Games: Factors Of Generosity, Margaret Gallagher, Prachi Jain

Honors Thesis

Because perceptions of luck, hard work, and the idea of a “me vs. you” mindset often influence people’s ideas of fairness, it is important to understand these perceptions and how they can affect giving and support for redistributive policies. To better understand the factors that influence people to give or not give to others, I created two modified dictator games to answer the research questions, “How does the generation of initial allocation in a dictator game affect perceptions of deservingness?” and “How does competitive and cooperative priming affect dictator allocation choices between efficiency and inefficiency?” By varying the way the …

The “America First” Trade Policy Of The Trump Administration And Its Economic And Military Repercussions, Emily Jeffers

Senior Honors Theses

This paper looks at the “America first” trade policy of the Trump administration and the perception that it was used to accomplish his goals of economic and military independence from the rest of the world’s interdependent web. It looks at the history of trade policy and tariffs in the United States; this is then linked to the evolution of President Trump’s trade policy through the implementation of tariffs, renegotiation of trade deals, and revision of military policy in order to “decouple” from the rest of the world. It examines the US-China trade war and the desire for increased global trade …

Qualitative Research Methods For The Exploration Of Coworking Environments, Marko Orel Phd, Manuel Mayerhoffer

The Qualitative Report

Coworking is a flexible workspace arrangement that is characterized by the sharing of resources, socializing between peers, collaborating on mutual projects, and co-crafting a community of work. As a result of the benefits coworkers draw from their experience, the coworking model has grown significantly over the past years, which has also led to increasing attention by scholars. When researching the contemporary workplace's evolving nature, a qualitative approach enables scholars to observe, record, and capture the changing attitudes concerning a given subject. Similarly, field researchers have applied qualitative methods with gradually increasing rigor and complexity. To further enhance future studies, the …

A Suggested Revision Of The 2020 Vertical Merger Guidelines (July 2021), Steven C. Salop

Georgetown Law Faculty Publications and Other Works

The DOJ/ FTC Vertical Merger Guidelines (VMGs) were adopted by the FTC in June 2020 by a party-line 3-2 party line over the dissent of the Acting Chair. One might expect that the VMGs will be withdrawn and/or revised, now that there is a Democratic majority. Revision is appropriate because the VMGs are both incomplete and overly permissible. This Suggested Revision can aid that process.

Untold Stories Of The African Diaspora: The Lived Experiences Of Black Caribbean Immigrants In The Greater Hartford Area, Shanelle A. Jones

University Scholar Projects

The African Diaspora represents vastly complex migratory patterns. This project studies the journeys of English-speaking Afro-Caribbeans who immigrated to the US for economic reasons between the 1980s-present day. While some researchers emphasize the success of West Indian immigrants, others highlight the issue of downward assimilation many face upon arrival in the US. This paper explores the prospect of economic incorporation into American society for West Indian immigrants. I conducted and analyzed data from an online survey and 10 oral histories of West Indian economic migrants residing in the Greater Hartford Area to gain a broader perspective on the economic attainment …

Demand Shock Along The Supply Chain: The Bullwhip Effect Of Covid-19 In Chinese Exports, Kaichong Zhang

Economics Honors Projects

This study investigates the bullwhip effect of Covid-19 on global supply chains from the Chinese perspective. The bullwhip effect refers to the amplification of demand shock along the supply chain, and my baseline estimates show that a $1\%$ increase in foreign new cases (a proxy for foreign demand shock) reduces exports of downstream products and that of upstream industries by $2.1\%$ and $4.5\%$ respectively. The estimates also suggest that whether industries are concentrated or not generates ambiguous effects on exports that vary from different empirical specifications. In addition, a heterogeneity analysis suggests that the bullwhip effect is stronger in regional …

What Is Wrong With Micromanagement: Economic View, Sean R. Aguilar, Olga Kosheleva

Departmental Technical Reports (CS)

Purpose: It is well known that micromanagement -- excessive control of employees -- is detrimental to the employees' morale and thus, decreases their productivity. But what if the managers keep people happy -- will there still be negative consequences of micromanagement? This is the problem analyzed in this paper.

Design/methodology/approach: To analyze our problem, we use general -- but simplified -- mathematical models of how productivity depends on the working rate.

Findings: We show that even in the absence of psychological discomfort, micromanagement is still detrimental to productivity. Interestingly, the negative effect of micromanagement increases as the population becomes more …

A Pseudo Panel Analysis Of The Returns To Field Of Study, Bilge Eriş-Dereli

Topics in Middle Eastern and North African Economies

This study employs pseudo-panel fixed-effects approach to estimate the returns to field of study in Turkey. Repeated cross sections of Turkish Labor Force Surveys between 2016-2019 are used. Year of birth and region are used as grouping variables. The results indicate significant earnings differences across field of study when cohort-fixed effects are controlled. Relative to the base field, Education Sciences, there are higher returns to Environmental Sciences & Mathematics & Statistics and Engineering & Manufacturing & Architecture and Health & Welfare. On the other hand, there are lower returns to Social Sciences & Journalism. The earnings differences are insignificant for …

Randomized Tax Deadlines Can Help Economy, Julio C. Urenda, Olga Kosheleva

Departmental Technical Reports (CS)

Purpose: While the main purpose of reporting -- e.g., reporting for taxes -- is to gauge the economic state of a company, the fact that reporting is done at pre-determined dates distorts the reporting results. For example, to create a larger impression of their productivity, companies fire temporary workers before the reporting date and re-hire then right away. The purpose of this study is to decide how to avoid such distortion.

Design/methodology/approach: We want to make our solution applicable for all possible reasonable optimality criteria. Thus, we use a general formalism for describing and analyzing all such criteria.

Findings: We …

On Factor Models With Random Missing: Em Estimation, Inference, And Cross Validation, Sainan Jin, Ke Miao, Liangjun Su

Research Collection School Of Economics

We consider the estimation and inference in approximate factor models with random missing values. We show that with the low rank structure of the common component, we can estimate the factors and factor loadings consistently with the missing values replaced by zeros. We establish the asymptotic distributions of the resulting estimators and those based on the EM algorithm. We also propose a cross validation-based method to determine the number of factors in factor models with or without missing values and justify its consistency. Simulations demonstrate that our cross validation method is robust to fat tails in the error distribution and …

Applied Microeconomics And Business Intelligence In The Digital Age, Thomas J. Weinandy

Dissertations

The Digital Age is defined by advances in big data, low-cost computing, and modern analytical methods. In three chapters, I apply microeconomic thought to the influence these digital technologies have on business and consumer decision-making.

Chapter One considers how Transportation Network Companies (TNCs) like Uber and Lyft impact the relationship between the quantity of car service trips and fuel prices. I find that a single day 1% increase in fuel prices is associated with a 0.367 to 0.486% decrease in the number of TNC trips and a 0.033 to 0.088% increase in the number of taxi trips, even though the …

Understanding Modern History Of International Food Law Is Key To Building A More Resilient And Improved Global Food System, Michael T. Roberts

Journal of Food Law & Policy

This article advocates the need for a history of the development of modern international food law and suggests an analytical approach to complement the chronicling of events. Comprehension of this history will help elucidate the evolution of a complicated modern global food system, including its resiliency and vulnerability as demonstrated by Covid-19, thereby providing valuable context for change in the system where needed. This essay makes the case for such a history in three parts. First, it briefly demonstrates the need for a historical perspective through a critical examination of a journal article that speaks to Covid-19 food security in …

School Reopenings, Mobility, And Covid-19 Spread: Evidence From Texas, Charles J. Courtemanche, Anh Le, Aaron Yelowitz, Ron Zimmer

Institute for the Study of Free Enterprise Working Papers

This paper examines the effect of fall 2020 school reopenings in Texas on county-level COVID19 cases and fatalities. Previous evidence suggests that schools can be reopened safely if community spread is low and public health guidelines are followed. However, in Texas, reopenings often occurred alongside high community spread and at near capacity, likely making it difficult to meet social distancing recommendations. Using event-study models and hand-collected instruction modality and start dates for all school districts, we find robust evidence that reopening Texas schools gradually but substantially accelerated the community spread of COVID-19. Results from our preferred specification imply that school …

Byzantine Empire Economic Growth: Did Climate Change Play A Role?, Thomas E. Lambert

Faculty and Staff Scholarship

Different chroniclers of the history of the Byzantine Empire have noted various economic data gleamed from historical documents and accounts of the empire at different periods of time. Research for this paper has not uncovered any estimates of long term, annual macroeconomic data (gross domestic product (GDP), national income (NI), etc.) for the empire during its existence. Such data has been estimated to one extent or another for other nations and societies that have existed during the middle ages. This paper attempts to provide conjectures on approximate real GDP per capita trends for the empire over its existence from AD …

The Impact Of Graduate School Ranking On An Economics Professor’S Annual Earnings, Shailee Manandhar

Honors Theses

What are the economic returns to attending a more selective college? This thesis adds to the growing literature on college choices and economic returns by analyzing the effects of graduate school ranking on the annual earnings of economics professors in the United States. In order to answer this question, the author collected an original data set using publicly available salary information from a number of US-based institutions. The data in this paper uses McPherson’s ranking of US Economics Departments, h-index, and other factors collected from the individuals’ CVs to estimate the economic returns. The results from Ordinary Least Squares regression …

Covid-19: A Black Swan?, Ben M. Uehlinger

Senior Honors Projects, 2020-current

A Black Swan, as termed by Nassim Taleb, is an unexpected, high magnitude event that is often rationalized in hindsight. 9/11 and the Financial Crisis of 2008 are two examples of these tail probability events. Though COVID-19 has been regarded as momentous and unexpected, Taleb does not credit it as a true Black Swan. This paper aims to compare COVID-19 to these recent Black Swans in terms of predictability and significance. Cointegration was tested across 11 major sectors. Further economic indicators were explored with the goal of discussing the broader context of each event. It was concluded that COVID-19 was …

An Analysis Of The Factors That Influence Success Rates Of Honors College Students, Braden Bateman

Agricultural Economics and Agribusiness Undergraduate Honors Theses

University honors programs provide students with challenging yet rewarding opportunities. Pursuing honors often offers students opportunities (such as access to uique coursework or specialized mentorship) that are not available to the general student popultion. However, honors programs also hold students to more or higher educational milestones in order to graduate with honors. Data from the University of Araksas Fayetteville (UAF) suggest students who start in honors as new freshmen typically graduate at rates much higher than students who were not honors freshmen. However, the percentage of those honors freshmen who complete their honors requirements is much lower than those who …

Exploiting A Grading Policy Shift As An Instrument To Estimate Impact Of Grading On Teacher Evaluations, Gavin Johnson

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Professors at a university plausibly have an incentive to give higher grades to students, and these higher grades will be reflected in student evaluations, which are used to assess teaching quality, which could have career impacts. This paper takes advantage of a policy shift at the business school at Utah State University that introduced suggested caps on the average course grades that teachers gave. This allowed instrumental variable analysis to correct for bias in OLS estimations of these impacts. The correlation between grades and students' evaluations of teachers was found to be positive suggesting that student evaluations of teachers are …

Trustors’ Disregard For Trustees Deciding Intuitively Or Reflectively: Three Experiments On Time Constraints, Antonio Cabrales, Antonio M. Espín, Praveen Kujal, Stephen Rassenti

ESI Working Papers

Human decisions in the social domain are modulated by the interaction between intuitive and reflective processes. Requiring individuals to decide quickly or slowly triggers these processes and is thus likely to elicit different social behaviors. Meanwhile, time pressure has been associated with inefficiency in market settings and market regulation often requires individuals to delay their decisions via cooling-off periods. Yet, recent research suggests that people who make reflective decisions are met with distrust. If this extends to external time constraints, then forcing individuals to delay their decisions may be counterproductive in scenarios where trust considerations are important. In three Trust …

Performance And Contributions Of The Green Industry To Utah's Economy, Lara Gale

All Graduate Plan B and other Reports, Spring 1920 to Spring 2023

Landscaping and nursery enterprises, commonly known as green industry enterprises, can be found everywhere in Utah, and are necessary to create both aesthetic appeal and human well-being in the built environment. In order to understand the impact that events such as economic shocks or policy changes may have on the green industry, the baseline performance and contribution of the industry must be specified for comparison following these shocks. This study provides a summary and evaluation of the current performance of the green industry in Utah, and estimates the industry’s contributions to Utah’s economy in terms of transactions between industries, employee …

The Effect Of High Elevation Weather Stations On The Usda's Pasture, Rangeland, And Forage Insurance Program, Wyatt Matthew Feuz

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This paper examines the effect of high elevation weather stations on the rainfall index used by the Pasture, Rangeland, and Forage insurance program. Weather station data for the state of Utah is used to identify high elevation weather stations and their location. Utilizing the corresponding rainfall index data, the effect of the high elevation weather stations is determined. This paper finds when high elevation weather stations begin reporting there is a jump up of 19.01–27.88 percentage points on average in the rainfall index for the corresponding grid locations. This indicates the rainfall index may not accurately represent actual precipitation amounts …

Two Essays On Innovation And Growth In China, Qiugu He

Dissertations and Theses Collection (Open Access)

This dissertation studies China’s economic growth from a perspective of industry dynamics. In chapter 1, I introduce the background and policies relating to China’s economic growth after 1978. In chapter 2, I find that the elasticity of the average R&D expenditure of firms on competition is -0.29 in weak-IPR (intellectual property right) provinces, and -0.06 in strict-IPR provinces. Next, I use the Schumpeterian growth model to explain this finding: When the market becomes more competitive, a firm prefers imitation to innovation to a larger extent, as a means of getting new technology. Due to enforcement of IPR laws, the imitation …

Business Cycles, Trend Elimination, And The Hp Filter, Peter C. B. Phillips, Sainan Jin

Research Collection School Of Economics

Trend elimination and business cycle estimation are analyzed by finite sample and asymptotic methods. An overview history is provided, operator theory is developed, limit theory as the sample size n → ∞ is derived, and filtered series properties are studied relative to smoothing parameter (λ) behavior. Simulations reveal that limit theory with λ =O(n4) delivers excellent approximations to the HP filter for common sample sizes but fails to remove stochastic trends, contrary to standard thinking in macroeconomics and thereby explaining ‘spurious cycle’ effects of the HP filter. The findings are related to the long run effects of the GFC.

Boosting: Why You Can Use The Hp Filter, Peter C. B. Phillips, Zhentao Shi

Research Collection School Of Economics

We propose a procedure of iterating the HP filter to produce a smarter smoothing device, called the boosted HP (bHP) filter, based on L2-boosting in machine learning. Limit theory shows that the bHP filter asymptotically recovers trend mechanisms that involve integrated processes, deterministic drifts, and structural breaks, covering the most common trends that appear in current modeling methodology. A stopping criterion automates the algorithm, giving a data-determined method for data-rich environments. The methodology is illustrated in simulations and with three real data examples that highlight the differences between simple HP filtering, the bHP filter, and an alternative autoregressive approach.

Census Tracts, Racial Separation, And The Landscape Of Higher Education, Aaron Scholl

College of Business: Dissertations, Theses, and Student Research

This dissertation centers on research at the intersection of labor, public, and urban economics. Chapter 1 details the role, process, and history of census tract delineation prior to each Decennial Census, and investigates short- and long-run implications of neighborhoods that receive further delineation, or become “split”. Using a difference-in-differences empirical design, I exploit Decennial Censuses from 1980 to 2010 to find that “split” census tracts increase in their proportion of Black residents and these effects persist decades. Further evidence suggests that the Low-Income Housing Tax Credit program may play a role in concentrating residents in areas with greater census tract …

From Self-Sufficiency To Import Dependence In The Republic Of The Marshall Islands: Data Issues And Challenges, Debra L. Claypool

Electronic Theses, Projects, and Dissertations

Although it appears likely that the profoundly asymmetrical political and economic relationship between the United States and the Republic of the Marshall Islands (RMI) has contributed to the abandonment of traditional agriculture, import-dependency, and a decrease in quality of life for the citizens of the RMI, limits in existing quantitative data make it impossible to model exactly how this occurred. Therefore, rather than seek to model this causal relationship, the researcher employed three existing ethnographic studies to establish a quantitative measure of the transformation itself. Using additional government documents to supplement the existing data, a measure of relative percentage of …

Modeling The Us Beef Industry’S Response To Covid-19, Owen Michael Fleming

Undergraduate Economic Review

To understand the beef industry’s response to the COVID-19 pandemic, I proposed a three-sector model of the beef supply-chain and estimated it econometrically. Based on their definitions, it is found that panic, stay-at-home procedures, and expectations are not significant explanatory variables. However, there is strong evidence that COVID-19 spread in a set of counties with large meatpacking plants has the effect of increasing wholesale beef prices, while country-wide spread has the effect of reducing wholesale prices. The results further imply differences in competition across the market levels, with wholesalers responding as if they face less competition than retailers and farmers.

Analyzing And Decomposing South African Income Inequality By Income Source, Race, And Poverty Level For 2008 And 2014, Zia Saylor

Undergraduate Economic Review

In South Africa’s apartheid regime a white minority controlled the black African majority from 1948 until 1994, creating income and wealth inequalities between the different races that linger today. This paper uses data from the 2008 and 2014 National Income Dynamics Survey (NIDS) to understand income inequalities within and between racial categories, to examine how different income sources contribute to overall income inequality, and to study how the interaction between race and poverty shapes the inequality between African households when decomposing into subgroups above and below the poverty line. For this study, I use Gini coefficients to measure inequality. My …

Assessment Of Gingival Status And Gingival Overgrowth Among Immunosuppressed Patients In Universiti Sains Malaysia Hospital, Wan Majdiah Wan Mohamad, Syamimi Izzati Mat Zaid, Haslina Taib

Journal of Dentistry Indonesia

Drug-induced gingival overgrowth (DIGO) is defined as an abnormal growth of the gingiva due to adverse effect of some drugs such as immunosuppressant, calcium channel blocker, and anticonvulsant. Immunosuppressive drugs play an important role in controlling organ transplant rejection and were widely used to treat different diseases. Objective: Immunosuppressive drugs are used for prevention of transplant rejection and management of autoimmune disease. Drug-induced gingival overgrowth (GO) is abnormal growth of gingiva due to adverse effect of these drugs. This study aimed to assess the gingival status, the prevalence of gingival overgrowth and its associated factors among immunosuppressed patients. Methods …

Multiple Oral Ulcerations In A Seizure Patient With Undiagnosed Brain Arteriovenous Malformation, Ambar Kusuma Astuti, Febrina Rahmayanti

Journal of Dentistry Indonesia

Multiple ulcerations are rarely caused by a traumatic event, but seizures can induce repeated injury to the oral mucosa. A patient with a seizure history possesses a challenge in their dental management. Objective: In order to describe a case of multiple oral ulceration in a post-seizure patient with undiagnosed arteriovenous malformation (AVM) in the left parietal lobe and provide short guidelines for dentists in managing patient with a seizure history. Case report: A 23-years old female had multiple oral ulceration in the right and left buccal mucosa and her tongue. She reported having a seizure attack six days before. …