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Adam Smith And Sympathetic Cosmopolitanism, Maria Pia Paganelli

Economics Faculty Research

Is cosmopolitanism something to explain or is it the lack of cosmopolitanism that needs explaining? Is cosmopolitanism natural or something we need to try to achieve? Is cosmopolitanism an end result or a starting point? The answer depends on the anthropological assumptions one makes. If human beings are assumed to be isolated individuals, then cosmopolitanism is something to explain, something to be taught, a possible end result. But if human beings are assumed to be intrinsically and naturally social, then cosmopolitanism may be a starting point and what needs to be explained is its absence.

I suggest that for Adam …

Part 3: Virginia's Workforce: Understanding Apprentices, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

This chapter examines the state of apprenticeship programs in the United States and Virginia, assessing their role in the labor market. We begin with an overview of national apprenticeship policy, tracing major laws and initiatives that have influenced the system’s evolution and expansion. We then review trends in apprenticeship participation, highlighting the states that lead in registrations and program growth. The discussion pivots to Virginia, where we analyze current occupation, wage and demographic data, and regional apprenticeship examples that connect education and industry. Finally, we consider whether apprenticeships represent a sustainable and scalable solution to the Commonwealth’s workforce challenges.

Front Matter: 2025 State Of The Commonwealth Report, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

Cover, front matter, table of contents, sponsors, and other materials for the 2023 State of the Commonwealth Report authored by the Center for Economic Analysis and Policy at Old Dominion University,

Part 3: Heads Carolina, Tails Somewhere Else, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

From 2021 to 2024, Hampton Roads grew more quickly and created jobs at a faster pace than the previous decade. Even after accounting for the impacts of inflation, real Gross Domestic Product (GDP), wages, and incomes were higher than 2019. The region’s economic performance relative to other metropolitan areas, however, has left much to be desired. One reflection of Hampton Roads economic performance has been the continued outmigration of residents to other locales in the Commonwealth and, in some cases, other states.

Part 1: Change Is The Only Constant: The Economy Of Hampton Roads, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Region Reports: Hampton Roads

We discuss how the region’s economy performed in 2024 and provide an assessment of the prospects for growth in 2025 and beyond. Rapid and significant changes in trade, immigration, tax, and expenditure policies will impact the economy of the region, state, and the nation in the coming years in unforeseen ways. We can, however, leverage historical data and experience to make informed judgements about the state of the regional economy and how it may fare over the coming year.

Part 6: Reflections On The State Of The Region Report, Dragas Center For Economic Analysis And Policy, Old Dominion University, James V. Koch

State of the Region Reports: Hampton Roads

In this chapter, Dr. James V. Koch, founding Director of the Dragas Center for Economic Analysis and Policy, reflects on the first 25 years of the State of the Region: Hampton Roads report. Dr. Koch provides insights on where the report has impacted the region. He also asks what the future may hold for the report.

Driving Sustainability: Tax Policy, Esg, And Electric Vehicle Incentives, Raquel Alexander, James G. Lawson, Curtis M. Nicholls, Vernan Rivera

Working Papers

No abstract provided.

Postsecondary Enrollment Demand-Gap Estimation Model: Projecting The Postsecondary Demand-Gap For California By 2035, Manish Ranjan Shrivastav

CGU Theses & Dissertations

The postsecondary education system in California has been under the pressure of expansion by the means of opening a new campus for several years. The Legislative Analyst’s Office has been recommending whether to open new campus or not as a part of its mandate. In 1990, it recommended opening up of one campus of CSU, however, its projections grossly underestimated the future demand. In 2017, the LAO in its report recommended that given the demand projections there is no need for a new campus. The study commissioned by the Chancellor’s office of California State University also made the same recommendation. …

Three Essays On Consumption And Information, Jin Xu

CGU Theses & Dissertations

This dissertation uses theoretical, empirical, and experimental methods to investigate how environmental constraints and psychological mechanisms shape individual consumption and information preference. Chapter 1 explores the impact of COVID-19 lockdown policies on alcohol and tobacco use in the United States. Using data from the 2020 wave of the Behavioral Risk Factor Surveillance System (BRFSS) and exploiting the exogenous variation in initial lockdown orders across states, we estimate the impact of stay-at-home orders on drinking and smoking behaviors for adults in the United States. Combining the propensity score matching method with the difference-in-differences identification strategy, we find that, at least in …

The Economics Of Crime: Exploring The Impact Of Psychedelics, Gun Liability Insurance, And Zero-Bail Policies On Crime, Victor Olu Kilanko

CGU Theses & Dissertations

This dissertation investigates the intersection of public health and criminal justice by empirically evaluating the effects of three distinct policy reforms: psychedelic decriminalization, firearm liability mandates, and zero cash bail, on crime outcomes in California. It aims to inform evidence-based policymaking by leveraging quasi-experimental methods to identify the causal impact of each intervention. A growing number of U.S. jurisdictions have decriminalized psychedelic substances, and there are attendant theoretical expectations that such reforms could promote desistance from crime through the rehabilitative potential of psychedelics. This study examines the causal impact of psychedelic decriminalization on violent and property crime rates using monthly …

Energetic And Economic Aspects Of Rebound, Part I: Foundations Of A Rigorous Analytical Framework, Matthew Kuperus Heun, Gregor Semieniuk, Paul E. Brockway

University Faculty Publications and Creative Works

Widespread implementation of energy efficiency is a key greenhouse gas emissions mitigation measure, but rebound can ‘‘take back’’ energy savings. However, the absence of solid analytical foundations hinders empirical determination of the size of rebound. A new clarity is needed, one that involves both economics and energy analysis. In this paper (Part I), we advance foundations of a rigorous analytical framework for consumer-sided rebound that starts at the microeconomic level and is approachable for both energy analysts and economists. We develop foundations of a framework that (i) clarifies the energy, expenditure, and consumption aspects of rebound, (ii) combines embodied energy …

The Savings Mirage, Sara Sternberg Greene

Faculty Scholarship

In the past, we did not worry much about elderly poverty because retirement was short for most Americans – a brief jaunt of post-work life was soon met with death. But with the 100-year life becoming a reality for more Americans, an elderly poverty crisis looms. The American dream of abundant retirement savings remains elusive for many, particularly low-wage workers. While government initiatives emphasize individual responsibility and financial education as a way toward retirement success, the reality is that governmental policies are barriers, including asset limitations that prevent those who receive public benefits from saving. This chapter urges reform in …

Making Finance Relevant By Applying Corporate Finance To Personal Finance: The Case Of Leverage

Journal of Economics and Finance Education

This paper is based on the idea that Finance can be made more relevant to students by applying lessons learned in Corporate Finance to the Personal Finance of students. To demonstrate this, the paper introduces a unique example of Operating Leverage and Financial Leverage; and provides examples in which these Corporate Finance concepts are applied to the Personal Finance of students. The basic premise of this paper is that students learn better if the abstract concepts are made relevant to them, i.e., if the instructor relates the abstract concepts to the personal experience of students. This paper implies that there …

Truth, Reconciliation, And Neoliberalism: Remembering And Forgetting Pinochet’S Chile, Aimee Leigh Gallagher

History - Master of Arts in Teaching

I. Synthesis Essay………………..................4

III. Primary Documents and Headnotes.....26

IV. Textbook Critique……………….............36

V. Textbook Entry…………………………....42

Behavioral Finance: The Influence Cognitive Dissonance Has On Investors, Noah A. Adams

A with Honors Projects

The aim of this literature review is to understand the relation between the Cognitive Dissonance Theory and investor decision-making. Under the Investor Rationality Theory, investors are perceived to act in their best interest financially after gathering all available information on their investment. Behavioral Finance on the other hand is the study of psychological biases and emotions and how they influence investors, causing them to act rather irrationally and consequentially creating an irrational market.

Rethinking Retained Earnings In The Additional Funds Needed Formula, James E. Larsen

Finance and Financial Services Faculty Publication

This paper critically re-evaluates the traditional application of the Additional Funds Needed formula by analyzing alternate interpretations of retained earnings. It illustrates how definitional shifts influence capital forecasts with a more nuanced approach to financial modeling in growth scenarios. The approach emphasizes numerical clarity, policy realism, and adaptability for financial planning. The paper challenges conventional AFN usage by embedding definitional flexibility and temporal awareness, offering decision-makers clearer visibility into funding sensitivity. It reframes AFN as a dynamic planning tool rather than a static formula, with implications for forecasting, policy-setting, and strategic finance.

The Causes And Impact Of Evictions In Southern Nevada, Mohit Pande

Student Research

As the Southern Nevada region continues to quickly grow, evictions have become a structural feature of the region’s rental market. The region has one of the highest eviction filing rates in the country and this trend has continued to increase in the wake of the Covid-19 pandemic. This paper examines the availability of market-rate affordable housing and the expansion of subsidized affordable housing to understand how the local housing conditions contribute to the number of evictions in Southern Nevada. Additionally, the paper studies local legal processes, such as the summary eviction system and habitability procedures, to understand the relationship between …

Electric Commuter Rail Access In Residential Communities: A Hedonic Analysis Case Study Of Nonmarket Value Creation, Catherine A. Sunding

Scripps Senior Theses

This study quantifies the price impact on houses of a new electric commuter rail line outside of Denver, Colorado. I find a negative price impact corresponding to increased accessibility and proximity of homes to the rail stations due to the negative externalities associated with the track. I also discover an even larger negative price impact of the rail stations in the years before the stations opened to the public, indicating possible endogeneity in the location of the rail line. I attempt to account for this endogeneity using instrumental variable analysis due to a limitation of house pricing data before 2016.

Classification Of Ghost Job Listings: A Two Step Bert Approach, Caleb Mathison

Senior Honors Theses and Projects

Ghost jobs are advertised positions where companies have no intent to hire which create significant frustration for job seekers. This study explores how to automatically detect these fake listings using public data. Analyzing 849 LinkedIn job postings, I developed a two-step detection method. First, I calculated a ghost job score based on warning signs like listing duration and vague descriptions. Second, I used a BERT neural network to analyze the text patterns. The results demonstrate that machine learning can identify deceptive hiring practices, offering a new way to measure labor market inefficiencies.

Your Attention Is For Sale, Sam Nova

Emerging Writers

There has been an undeniable trend of shortening attention span length within the last decade. The shift has made many people anxious to point fingers at potential factors which may be partial causes. Despite the common claims that the change is inadvertently caused by technology, shorter content online, or any other unintentional factor; the change is engineered and intentional. There is profit to be made for big social media companies from the purposeful shortening of attention spans amongst the public. Through harmful design philosophy which puts profit over public health, social media companies have designed their platforms to be addictive …

Effect Of Trade Openness On Food Security In Economic Community Of West African States Region, Yahaya Umar Isah, Ikubor, Ofili Jude, Bernard, O. A., Zakari Saheed S., Ayodeji, S.

DLSU Business & Economics Review

This study investigates the impact of trade openness on food security in the ECOWAS trade zone. The study relied on the system GMM approach to analyze the impact of trade openness on overall and disaggregated components of food security in the ECOWAS trade zone during the period 2014 and 2021. Annual time series data were sourced from the Food and Agriculture Organization, World Bank Metadata base, and World Integrated Trade Solution. Major findings from the study reveal that trade openness has a significant positive impact on overall food security indicators. However, trade openness has not significantly impacted food availability and …

The Global Value Chain Effects Of Rcep: Estimating The Impact On The Philippines, Caesar B. Cororaton

DLSU Business & Economics Review

This paper extends the global CGE model results of Cororaton (2022) by disaggregating further the RCEP trade creation effects on the Philippines into global value chain (GVC) impacts. The GVC analysis indicates that the trade agreement in RCEP results in higher Philippine exports of US$ 2.8 billion in 2031, of which the increase in Philippine domestic value added is US$ 2.4 billion, significantly higher than the foreign value added of US$ 403 million. Electronic products contribute 67% of the value added generated within the Philippines. The increase in the import contents of Philippine exports is only US$ 413 million. Furthermore, …

Trust During Troubled Times: Evidence From Sierra Leone’S Ebola Epidemic, Colin Cannonier

Funded Scholarship

Existing literature provides evidence that crises can considerably impact public trust. However, research on these dynamics in lower-income and postconflict countries like Sierra Leone is limited. Using nationally representative survey data and district-level Ebola infection data, herein, we examine the relationship between the Ebola epidemic and various measures of government trust. Our analysis, which employs propensity score matching and other techniques, reveals a notable decline in trust among individuals exposed to the outbreak. Our estimates indicate that individual perceptions of trust in government and other government entities decreased by 11.6%– 33.6% following the Ebola epidemic. This relationship is driven by …

Green Cities Conference Proceedings-2025, Minoo Tehrani

Business Faculty Publications

No abstract provided.

2025 State Of The Commonwealth Report, Vinod Agarwal, Josh Andrews, Andrea Barcenas, Jamie Boex, Leora Friedman, James V. Koch, Angela Kwao, Feng Lian, Anna Makhorkina, Melody Nguyen, Terry Parker, Mohamed Rahoui, Ashley Russ, Samia Tabassum, Jay Walker, Robert M. Mcnab

State of the Commonwealth Reports

This is Old Dominion University’s 11th annual State of the Commonwealth Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion, its president, Brian Hemphill, Ph.D., the Board of Visitors, the Strome College of Business or the generous donors who support the activities of the Dragas Center for Economic Analysis and Policy.

Our work seeks to contribute to the conversation about how Virginia can foster growth across the Commonwealth without glossing over the challenges we face. We want to encourage difficult conversations to …

Part 2: The State Of Virginia's Go Virginia Regions, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

In this chapter, we discuss the economic performance of the nine GO Virginia regions relative to the state and nation. We examine a number of measures of economic performance: population, employment, jobs, wages, personal income, and establishments. Each of these measures is available on a more frequent basis than Gross Domestic Product (GDP), providing a more current picture of the economic activity in each GO Virginia region. In aggregate, these data allow us to construct a clearer picture of the health of Virginia’s regional economies.

Part 4: Is It Better To Give Than Receive? Exploring The Distributional Dimension Of Virginia's Budget, Dragas Center For Economic Analysis And Policy, Old Dominion University

State of the Commonwealth Reports

This chapter focuses on the distribution of intergovernmental finances in Virginia. Specifically, it analyzes the distribution of state-level public resources in the Commonwealth of Virginia that takes place as a result of state-to-local intergovernmental transfers. The analysis suggests that, as a result of the manner in which state revenues are collected and allocated back to localities, some Virginians contribute significantly more to the Commonwealth budget in taxes than they receive back in local benefits, while other state residents receive more in benefits than they pay in taxes.

Fair Play Or Financial Power? Examining The Competitive Impact Of Foreign Investment In European Football, Emma M. Fogg

Scripps Senior Theses

Football is not only the most popular sport in Europe but also fundamental to driving local and international economies due to the heavy influence fans have on driving ticket sales, team merchandise purchases and media rights. In the last twenty years, it has become increasingly popular for wealthy capital groups or businessmen from outside Europe to buy clubs and give teams a large influx of capital. Fans and players alike have grown worried that this type of new ownership will change the football world for the worse because teams with foreign investment can outspend their opponents for the best players. …

Where Purpose Meets Profit: The Impact Of Firm Size On The Relationship Between Esg Performance And Corporate Financial Performance On Firms In The Technology Industry, Riya Hariharan

Scripps Senior Theses

This study evaluates the impact of firm size on the relationship between ESG performance and corporate financial performance of firms within the technology industry. Specifically, this study uses OLS analysis to assess the relationship between ESG, measured using Morningstar Sustainalytics ESG risk scores, and return on assets, using firm market cap as a proxy for firm size. Data was compiled into an original dataset consisting of 254 firms. Results were significant, finding that increasing ESG practices in small and medium firms increases ROA. These findings highlight the economic value of social responsibility efforts in technology firms, particularly in small and …

Essays On The Effectiveness Of Diversion Programs In The United States Criminal Justice System, Tairy Ayon

CGU Theses & Dissertations

The United States criminal justice system is at a transformative time, with growing public support for reforms that prioritize rehabilitation over punishment. In response to this shift, prosecutor-led diversion programs are being introduced in areas where they were previously absent and expanded with increased resources in regions already established across the United States. This dissertation measures the effectiveness of these programs in three ways and uses data from six diverse U.S. jurisdictions. In the first chapter, I focus on how age-based eligibility criteria shape participation in diversion programs and its effectiveness in reducing recidivism. To do this, I examine data …