Digital Commons Network^™

Napster's Mediations, Gavin Mueller

Fast Capitalism

While Napster has often been understood as a force for disintermediation, this essay examines three possible levels that Napster could be theorized as engaged in mediation: the level of protocol, the level of interface, and the level of culture. Each has implications for how we understand the politics of Napster, and peer-to-peer more generally.

Inciting Infringement And Innovation: From Napster To Now - The Dialectic Of Law And Technology, Matthew David

Fast Capitalism

The original Napster had only a short life, but what it set in motion has lasted and been significant. From 1999 to 2001(2) the Napster platform offered the first widely known and widely adopted music file-sharing download service; combining internet distribution and MP3 file-compression with its own central server acting to enable user uploading and downloading of music. Whilst Napster was shut down for ‘contributory infringement’ on the grounds that its central server directly facilitated copyright infringing downloading, its closure on these grounds saw the rise of fully peer-to-peer (P2P) services such as Kazaa. When P2P uploaders were targeted for …

Napster "Freedom" At Northeastern University: A Distanced Ethnography, Marcus Breen

Fast Capitalism

This article offers a critical first hand account, from an academic at Northeastern University after Napster's creator Sean Fanniong left the campus in 1999. Reflecting on the impact of Fanning on the campus, drawing on the history of community computer innovation in Boston as a means of activism, the article identifies through Marx, the way monopoly capitalism destroyed Napster's capacity for free music culture. The impact of Intellectual Property law in shutting down digital innovations such as Napster, is considered for the impact it had on the ideals of the liberal university in the United States.

Introduction: Napster At 25, David M. Arditi

Fast Capitalism

Author Biography

David M. Arditi, University of Texas Arlington

Associate Professor of Sociology

Director - Center for Theory

The Profitability Of Racial Diversity And Gender Balance In Modern Hollywood, M. Garrett Roth, William Mcandrew

The Journal of Economics and Politics

This paper investigates the effects of racial and gender diversity in modern Hollywood. The primary objective is to determine if an objectively measurable increase in diverse casting over the last two decades has had a positive or negative impact on profits, and a secondary objective to measure diversity’s impact on critic scores. The study utilizes data focusing on the fifty most expensive films from 2003, 2008, 2013, 2018, and 2023. The findings indicate that profit is neither positively nor negatively affected by diversity, whether in ethnicity or gender. However, movie critic ratings are negatively affected by ethnic diversity when using …

Teaching Numeracy For Social Justice: Educational Equity, Esther Isabelle Wilder, Crystal C. Rodriguez, Caterina Shost, Eduardo Vianna, Frank Wang

Numeracy

The special collection, “Teaching Numeracy for Social Justice: Educational Equity,” focuses on how quantitative reasoning (QR) can function as a vehicle for equity, empowerment, and democratic participation. Building on a longstanding tradition that treats numeracy as inseparable from social justice, these contributions highlight how progressive pedagogies (e.g., active learning, authentic research, and equity-oriented assessment) have the potential to broaden access for students historically excluded from quantitative fields. The studies span a variety of conceptual frameworks, introductory and advanced quantitative instruction, and interdisciplinary applications, showcasing how inclusive QR practices can build confidence, agency, and real-world understanding. These articles demonstrate that when …

Brute Force Branding: Variations & Repetitions Of The Almighty Dollar Banknote, Rui-Long Monico

Artl@s Bulletin

Abstract: This paper examines the U.S. dollar as a global brand and mythic icon, revealing how its stable aesthetic asserts dominance and infiltrates daily life. Through visual analysis and global comparison, it shows how banknotes are battlegrounds where art, identity, and geopolitics collide—currency as a weapon of soft power and cultural hegemony. The dollar’s visual inertia—ritualized, repeated, reappropriated—cements its supremacy as a symbolic force, where repetition enforces authority and variation sparks both resistance and conformity. Banknotes emerge as tools of statecraft and vessels of collective memory, as reflected in the author’s bespoke creation accompanying this study.

Résumé: Cet article analyse …

The Influence Of Nurse Union Size On Nurse Practitioner Full Practice Authority In The U.S., Yusuf Khan

Spectra Undergraduate Research Journal

The scope of practice for Advanced Practice Registered Nurses (APRNs) is a critical issue in healthcare policy, influenced by both demand for healthcare services and legislative action. This paper examines the impact of nurse union size on a state having full practice authority for nurse practitioners across the United States. Utilizing data from the Nurse Unionization Data Tool and controlling for several variables (right-to-work laws, physicians per capita, and personal healthcare expenditures per capita), this study employs multivariate logistic regression to analyze the relationship between the proportion of unionized nurses and the extent of practice authority granted by state laws. …

Military Service During The Vietnam War Hurt Veterans’ Long-Term Health, Xintong Wang, Carlos A. Flores, Alfonso Flores-Lagunes

Upjohn Institute Policy and Research Briefs

No abstract provided.

The Long Goodbye Of The History Of Economic Thought Course In Liberal Arts Colleges In The United States, Humberto Barreto

School of Business and Leadership Working Papers

Economists of a certain age will remember a world in which the history of economic thought (HET) was alive and flourishing. Today, that is not the case. One little-noticed consequence of the elimination of HET from graduate programs in the United States is that the HET course is an endangered species at the undergraduate level. It is not, however, extinct. This paper offers a brief history of HET as a course and explores the extent of the diminution in HET courses in the undergraduate liberal arts college curriculum in the United States. Roughly 40% of 146 schools have a HET …

Retroactive Eligibility Waivers: Innovative Or Ineffective?, Mohamed Kacem Benyamine

Theses and Dissertations

Medicaid’s retroactive eligibility provision covers medical expenses for beneficiaries up to 90 days before the application date. Retroactive eligibility insulates uninsured, low-income households from expensive healthcare emergencies. New Hampshire, Arkansas, and Iowa recently obtained waivers to end retroactive coverage. Using a difference-in-differences design and data from the Behavioral Risk Factor Surveillance System, I evaluate whether changes in retroactive coverage affect enrollment rates and self-reported health. Removing retroactive eligibility has no statistically significant effects on insurance enrollment or self-reported health. However, it does increase rates of access to a doctor by 1.0% overall and by 1.6% for women. Removing retroactive eligibility …

The Effect Of Medical Aid In Dying On Health Outcomes And Risky Behavior Of The Elderly, Jacky Wu

Theses and Dissertations

This study examines the effects of Medical Aid in Dying (MAiD) legalization on health outcomes and behavior among elderly U.S. adults using BRFSS data from 2005-2022. Using staggered difference-in-differences, this paper finds that MAiD increases exercise, lowers BMI, and reduces blood pressure medication use.

The Long Run Effects Of A Teacher-Focused School Reform On Student Outcomes, Sarah R. Cohodes, Ozkan Eren, Orgul Ozturk

Faculty Publications

This paper examines the effects of a teacher-focused school reform program — combining performance pay with teacher observation and feedback — implemented in high-need schools on students’ longer-run educational, criminal justice, and economic self-sufficiency outcomes. Using linked administrative data from a Southern state, we leverage the quasi-randomness of the timing of program adoption across schools to show that the school reform improved educational attainment and reduced both felony criminal activity before age 19 and dependence on government assistance in early adulthood (ages 18–22). We find little scope for student sorting or changes in the composition of teacher workforce to explain …

Testing Mean Stability Of Heteroskedastic Time Series, Violetta Dalla, Liudas Giraitis, Peter C. B. Phillips

Research Collection School Of Economics

Time series models are often fitted to the data without preliminary checks for stability of the mean and variance, conditions that may not hold in much economic and financial data, particularly over long periods. Ignoring such shifts may result in fitting models with spurious dynamics that lead to unsupported and controversial conclusions about time dependence, causality, and the effects of unanticipated shocks. In spite of what may seem as obvious differences between a time series of independent variates with changing variance and a stationary conditionally heteroskedastic (GARCH) process, such processes may be hard to distinguish in applied work using basic …

A New Functional Setting For Term Structure Modeling Using The Health-Jarrow-Morton Framework, Michael Pokojovy, Ebenezer Nkum, Thomas M. Fullerton Jr.

Mathematics & Statistics Faculty Publications

The well-known Heath–Jarrow–Morton (HJM) framework provides a universal and efficacious instrument for modeling the stochastic evolution of an entire yield curve by explaining the interest rate dynamics in continuous time under no-arbitrage conditions. Existing implementations involve exponentially weighted function spaces as theoretical settings for the former stochastic evolution. While the choice of weight can have a drastic effect on model calibration and subsequent forecasting, it cannot be estimated from market data and does not allow for any objective interpretation. The proposed approach does not have this shortcoming as it adopts a suitably designed unweighted function space. The HJM equation is …

The Role Of Socioeconomic Development In Preventing Violent Extremism, Caelan Stewart

CISLA Senior Integrative Projects

No abstract provided.

The Impact Of Michigan's Public Act 308 On Foster Care Outcomes: A Synthetic Control Analysis, Maruis D. Martello

Senior Honors Theses and Projects

This paper evaluates the impact of Michigan’s 2014 Public Act 308 on foster care adoption outcomes. By converting traditional adoption subsidies into dynamic, redeterminable contracts, the policy aimed to reduce the financial uncertainty associated with adopting children with latent or evolving special needs. Using data from the Adoption and Foster Care Analysis and Reporting System (AFCARS) from 2000 to 2022, we implement a generalized synthetic control method to account for unobserved time-varying heterogeneity. We find that the policy had no statistically significant impact on the aggregate adoption rate. However, it generated significant gains within targeted subpopulations, increasing the probability of …

Exploring Dominican University Nursing Students’ Perceptions Of Economic Barriers To Accessing Essential Women’S Health Products, Annabelle E. Burke

Nursing | Senior Theses

Period poverty is defined as inconsistent or inadequate access to feminine hygiene products, and it has been shown to negatively impact physical and mental health, academic performance, and dignity across diverse populations. Existing research highlights financial strain, social stigma, and insufficient support as key barriers to menstrual equity among individuals experiencing homelessness, adolescents living in low-resource environments, low-income women, and general undergraduate students (Brinkley & Niebuhr, 2023; Dave et al., 2022; Gruer et al., 2021; Lahme et al., 2018; Parkinson et al., 2024; Gilchrist et al., 2024). However, no studies have examined these issues amongst Dominican University nursing students who …

A Panel Quantile Model Via Correlated Random Effects Approach For Testing Pecking Order Theory, Zongwu Cai, Meng Shi, Wuqing Wu, Yue Zhao

Student Publications

This article investigates the relative importance of internal and external sources of funds in financing activities across different levels of investment activities by proposing a panel data quantile regression model with correlated random effects, accounting for heteroscedasticity in both firm-specific individuals and distribution of investment. A new estimation method, which takes the influence of disturbance into account, is proposed by using the integrated quasi-likelihood function for the conditional quantile model and Laplace approximation. The large sample theory for the proposed estimator and the corresponding asymptotic χ² test are investigated. A Monte Carlo simulation is conducted to examine the finite …

When Prices Spike: Identifying Excessive Volatility In Fertilizer Markets, Feng Yao, Manuel A. Hernandez

Economics Faculty Working Papers Series

Sharp and volatile fertilizer price movements can hinder adoption and reduce agricultural productivity, especially among vulnerable smallholders. Using a nonparametric location-scale approach to model price returns, we quantify the conditional value-at-risk (CVaR) - the high return threshold exceeded with low probability - to identify excessive price spikes in potash, urea, and di-ammonium phosphate (DAP) markets. We use the bias-corrected estimator from Martins-Filho et al. (2018) and propose a simpler estimator based on Hill (1975). Backtesting results indicate superior performance of the Hill-based estimator, supporting its value as a convenient method for detecting unusual fertilizer price surges amid recurring global volatility.

Nonparametric Estimation Of Smooth Coefficients In Fixed-Effect Panel Data Models, Taining Wang, Feng Yao, Jun Cai

Economics Faculty Working Papers Series

We propose a kernel-based nonparametric estimator for a smooth coefficient panel data model with fixed effects. Without requiring a zero sum of fixed effects, we propose an estimator that is easy to construct and computationally efficient. Eliminating the fixed effects through a local within transformation, we perform a local linear estimation for the coefficient functions associated with time varying variables and associated derivatives. We further estimate the intercept coefficient function, if present, through a difference of kernel weighted averages. We characterize the estimator’s asymptotic properties under a large-n and large-T framework. We demonstrate that the estimator is not asymptotically equivalent …

(Wp 2026-01) Du Bois And Veblen's Concepts Of Relative Position: Common Ground Or Stratification Economics And Institutionalist Economics, John B. Davis

Economics Working Papers

W. E. B. Du Bois and Thorstein Veblen employed the concept of relative position. Du Bois' thinking reflects how for Stratification economics people's relative positions explain racial discrimination and segregation. Veblen reflects how for Institutionalist economics people's relative positions explain the role institutions have in the evolution of the economy. Racism in the US marginalized Du Bois' contributions, leaving a divide between his and Veblen's thinking and also between Stratification economics and Institutionalist economics. This has limited the perceived importance of the concept of relative position in economics, leaving it with the 'position-less' asocial individualism of Neoclassical-mainstream economics. This paper …

International Evidence On The Relationship Between Financial Literacy And Corporate Cash Holdings, Kenneth Yung, Reza Kahibavil, Su Li, Arian Amidi

Finance Faculty Publications

This study is the first investigation of the relationship between corporate cash holdings and financial literacy (FL). We find that a one‐standard‐deviation increase in FL is associated with an 8%–27% reduction in corporate cash holdings, depending on the measure of FL used. Moreover, higher FL reduces the market value of excess cash, indicating that financially literate environments discourage value‐destroying cash accumulation. The results remain robust across alternative definitions of FL and cash holdings, estimation methods, and country subsamples. We further rule out the influence of endogeneity, refinancing risk, and variation in cash needs. Additional analyses identify agency costs as the …

How Operational And Disclosure Complexity Shapes The Conglomerate Discount, Feng Dong, John A. Doukas, Son Wilson, Rongyao Zhang

Finance Faculty Publications

This study examines how firm operational diversification and disclosure complexity jointly drive the conglomerate discount. We disentangle disclosure complexity, which is determined by managerially influenced financial transparency, from accounting complexity, which is a direct informational consequence of operational complexity. We find that operational diversification is consistently associated with significant conglomerate discounts, while disclosure complexity independently reduces firm value and amplifies the magnitude of the discount when diversification is high. These findings suggest that transparent disclosures can mitigate valuation costs, offering important implications for managers seeking effective communication, investors assessing complex firms, and policymakers aiming to enhance disclosure quality and market …

Ceo-Employee Pay Ratio Disclosure And Dividend Policy, Rajib Chowdhury, John A. Doukas

Finance Faculty Publications

We examine whether and how the magnitude of the CEO pay ratio affects dividend policy in the context of inequality-averse investors. Our results demonstrate a positive association between the two and remain robust to endogeneity concerns. We find that the CEO pay ratios positively affect dividends irrespective of whether CEO compensation contracts motivate risk-averse or risk-taking policy choices. This non-diverse effect on dividend policy across CEOs with different pay structures contradicts previous studies and highlights the wealth effect resulting from the SEC mandate. Further analyses reveal a negative effect of the pay ratio on cash holdings and investment inefficiency.

Sovereign Cat Bonds: Evaluating Issuance, Matthew Sharretts

CISLA Senior Integrative Projects

No abstract provided.

Can A Curator Influence Their Nation’S Art Market Value? Adriano Pedrosa, The 60th Venice Biennale, And The Global Repositioning Of Brazilian Art, Maria Joana Ventosa

MA Theses

The 60th Venice Biennale (2024), curated by Brazilian curator Adriano Pedrosa, the first Latin American curator, and the first curator based in the Global South to lead the Venice Biennale, revived long-standing debates concerning visibility and marginalization, who controls canon formation and, in a market where visibility directly affects value, the power of dictating the market. The curator furthered this discussion by curating a show literally titled “Strangers Everywhere”, focused on representations by artists who identify as “othered”, through, for example colonisation and erasure of native cultures, immigration or queerness.  This thesis examines the evolving role of biennials as platforms …

The State Of Short-Term Rentals – 2024, Elena Bigart, Melissa Weddell, Jesse Wheeler, Sophie Morris, Jenna Asnault

Institute for Tourism and Recreation Research Publications

This report examined the role short-term rentals (STRs) play in Montana’s housing challenges, building on earlier ITRR research (Bigart et al., 2021). Using a mixed-methods approach, the study analyzed STR and housing data from 2019 to 2023 and incorporated interviews with local officials to assess evolving regulations, occupancy patterns, and perceptions of STR impacts. Findings highlight that STRs interact with broader market forces contributing to tight housing conditions and underscore the need for balanced policy approaches that support housing supply and affordability while sustaining tourism-related economic activity.

Labor Market Impacts Of Immigration Enforcement: Evidence From The Second Trump Administration, Rachel Letts

Economics Honors Papers

The onset of the second Trump Administration saw a stark immigration policy shock in the U.S. with record numbers of Immigration Customs Enforcement (ICE) detentions. This paper seeks to understand the labor market impacts of this immigration enforcement that have disproportionately affected the risk of being detained for non-white individuals. To estimate the effect of this policy shock, a triple difference model is used comparing non-white individuals to white individuals living in Metropolitan Statistical Areas (MSAs) with above or below average concentrations of immigration detentions before and after this immigration shock. The regression analysis finds that since the beginning of …

The Economics Of Accountability: Learning From German Holocaust Reparations, Grace I. Gates

Scripps Senior Theses

Drawing on microdata from the Survey of Health, Aging, and Retirement in Europe, this study compares European Holocaust survivors who received reparations with similar Europeans who did not. It finds that, decades on, recipients are not systematically better or worse off on core outcomes like life satisfaction, savings, and debt. This is consistent with the argument that reparations restore parity rather than create new advantages. Where differences emerge, they point to stabilization in more vulnerable settings (e.g., lower likelihood of high debt in parts of Eastern Europe). The main takeaway from effective reparations is applicable to the United States debate: …