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Four Ways Our Daily Conversations Shape Our Children's View Of The World, Abby M. Foreman Jul 2026

Four Ways Our Daily Conversations Shape Our Children's View Of The World, Abby M. Foreman

Faculty Work Comprehensive List

"Am I telling the everyday stories of life where God’s love and grace is abundant?"

Posting about modeling healthy communication styles to children from In All Things, an online hub that offers insight into maintaining and faithful and orthodox Reformed Christian worldview while fearlessly engaging in every aspect of contemporary life – until all is made new.

Four Ways Our Daily Conversations Shape Our Chldren's View of the World


Data For Post-Retail Application Of Chitosan Coating And Uv-C Irradiation: Effects On Strawberry Shelf Life, Microbial Quality, And Consumer Acceptance, Jonathan Kershaw Jul 2026

Data For Post-Retail Application Of Chitosan Coating And Uv-C Irradiation: Effects On Strawberry Shelf Life, Microbial Quality, And Consumer Acceptance, Jonathan Kershaw

ScholarsArchive Data

Food waste is a global issue with significant environmental, economic, and human health impacts. The largest share of household and retail food waste comes from fresh produce, much of which is still edible at the time of disposal. While previous work has investigated shelf-life extension technologies applied on freshly harvested produce, almost no studies have investigated the efficacy of these treatments when applied to post-retail produce. This study investigated the effect of UV-C exposure and chitosan coating on the quality, microbial load, and visual acceptance of post-retail strawberries. Strawberries were assigned to low dose UV-C, chitosan dip, or one of …


Science, Uncertainty, And Stewardship: Climate Change Viewpoints In Higher Education, Jamie Jensen, Isaiah Aduse-Poku Jul 2026

Science, Uncertainty, And Stewardship: Climate Change Viewpoints In Higher Education, Jamie Jensen, Isaiah Aduse-Poku

ScholarsArchive Data

This dataset supports a Q-methodology study of climate change viewpoints among undergraduate students at Brigham Young University. Participants were recruited from an introductory non-majors biology course during Fall 2025. The study examined how students organized climate-change views across scientific evidence, human causation, uncertainty, political beliefs, religious stewardship, moral responsibility, perceived agency, climate policy, and future risks.


The California Composite Index Reaches Its Highest Level Since The Second Quarter Of 2022, Anderson Center For Economic Research Jul 2026

The California Composite Index Reaches Its Highest Level Since The Second Quarter Of 2022, Anderson Center For Economic Research

Anderson Center Press Releases

No abstract provided.


Perspectives Of Power: A Qualitative Study On Teacher Empowerment In Elementary Settings, Caitlin Mattie Shuppy Jul 2026

Perspectives Of Power: A Qualitative Study On Teacher Empowerment In Elementary Settings, Caitlin Mattie Shuppy

Electronic Theses and Dissertations

The purpose of this qualitative study was to gain insight and understanding of elementary school teachers’ perspectives of teacher empowerment in relation to six key principles: self-efficacy, professional development, collaboration, communication, shared vision, and support. The teacher perspective remains underrepresented in empowerment research; this study was designed to center the voices of those most directly experiencing empowerment in their daily work. Two research questions guided the study: How do elementary school teachers perceive teacher empowerment in relation to six key teacher empowerment principles and what principle(s) do teachers identify as most influential in fostering their sense of empowerment?

A basic …


Illuminating Sanja Matsuri: Lived Religion And Festival Practice In Asakusa, Caleb R. Merckle Jul 2026

Illuminating Sanja Matsuri: Lived Religion And Festival Practice In Asakusa, Caleb R. Merckle

Electronic Theses and Dissertations

This thesis examines Sanja Matsuri, a major Shintō and Buddhist festival in Asakusa, Tokyo, through the lenses of lived religion, participant observation, autoethnography, and anthropology. Departing from institution-centered approaches, it foregrounds the experiential dimensions of festival participation, showing how physical devotion, collective movement, and festive intensity function as expressions of spiritual meaning. Ethnographic fieldwork conducted in 2023 and 2025 included participant observation, informal interviews with local and foreign participants, and Reflexive Discourse Analysis of fieldnotes and bilingual transcripts. Analysis reveals a dynamic interplay between formal sacralization strategies — such as mitama-ire rituals and structured processions — and spontaneous, informal participant …


Re: Conditional Approval Letter For The Butte Priority Soils Operable Unit Unreclaimed Sites Quality Assurance Project Plan, Emma Rott Jul 2026

Re: Conditional Approval Letter For The Butte Priority Soils Operable Unit Unreclaimed Sites Quality Assurance Project Plan, Emma Rott

Silver Bow Creek/Butte Area Superfund Site

No abstract provided.


Impact Of Antihypertensive Medications On Implant Success: A Retrospective Cohort Study On Monomedicated Patients, Antony Chidiac, Stephanie Mrad, Charbel Kachouh, Richard M. Sadaka, Joseph Bassil Jul 2026

Impact Of Antihypertensive Medications On Implant Success: A Retrospective Cohort Study On Monomedicated Patients, Antony Chidiac, Stephanie Mrad, Charbel Kachouh, Richard M. Sadaka, Joseph Bassil

International Arab Journal of Dentistry

Objective: The aim of this study main is to analyze the influence of antihypertensive treatments on the failure and survival rates of dental implants.

Methods: Medical records of 586 patients who received a total of 1,814 dental implants between 2012 and 2022 met the inclusion criteria and were retrospectively reviewed. Patients were divided into two groups: a control group comprising 512 systemically healthy patients with 1581 implants, and a group of 74 patients taking only antihypertensive medications who received a total of 233 implants. Implant failure was assessed according to criteria defined by the International Congress of Oral Implantologists.

Results: …


Influence Of Veneer Thickness On Double Bond Conversion Of Preheated Composite And Self-Adhesive Resin Cement Under Lithium Disilicate Restorations: An In-Vitro Study., Vanessa Kanaan, Marie Abboud, Alexandre Monnier, Dani Irani, Vana Mardirossian, Cynthia Kassis Jul 2026

Influence Of Veneer Thickness On Double Bond Conversion Of Preheated Composite And Self-Adhesive Resin Cement Under Lithium Disilicate Restorations: An In-Vitro Study., Vanessa Kanaan, Marie Abboud, Alexandre Monnier, Dani Irani, Vana Mardirossian, Cynthia Kassis

International Arab Journal of Dentistry

Introduction: This study evaluated the influence of lithium disilicate restoration thickness on the degree of conversion (DC) of a self-adhesive dual-cured resin cement (Bifix SE®; VOCO GmbH, Cuxhaven, Germany) and a preheated composite resin (VisCalor Bulk®; VOCO GmbH, Cuxhaven, Germany).

Methods: Sixty IPS e.max CAD (LTB1) specimens (2 mm, 4 mm, 6 mm; n D 10 per group) were fabricated and divided into six groups. Groups 1–3 were luted with Bifix SE, and Groups 4–6 with preheated VisCalor Bulk. Specimens were conditioned with 5% hydro_uoric acid and silane, then cemented and light cured. Raman spectroscopy was used to determine DC. …


Hypo-Responsiveness Of The Dental Pulp In Patients With Type 2 Diabetes And Hypertension: A Cross-Sectional Study, Kavitha M, Mallolu Anthony Sanjana Vijay, Niveditha B, Fathima A.I, Pavithra D, Vigneshwaran J Jul 2026

Hypo-Responsiveness Of The Dental Pulp In Patients With Type 2 Diabetes And Hypertension: A Cross-Sectional Study, Kavitha M, Mallolu Anthony Sanjana Vijay, Niveditha B, Fathima A.I, Pavithra D, Vigneshwaran J

International Arab Journal of Dentistry

Introduction: Diabetes mellitus and hypertension, two of the most prevalent metabolic disorders worldwide, exert profound and progressive effects on multiple physiological systems. While their systemic complications are well documented, their subtle yet clinically significant impact on oral structures, particularly the dental pulp, remains underexplored.

Objectives: This study aims to assess the functional responsiveness of dental pulp nerves in individuals with type 2 diabetes mellitus and systemic hypertension, and to compare the findings with responses from healthy individuals, using an Electric pulp tester (EPT) as a diagnostic tool.

Methods: A total of 600 teeth from 75 adult patients (25 diabetic, 25 …


The Efficacy Of Mini-Screw Rapid Palatal Expansion (Marpe) In Late Adolescents And Young Adults: A Systematic Review, Afaf El Merouani Drissi, Hajar Ben Mohimd, Hicham Benyahia, Fatima Zaoui Jul 2026

The Efficacy Of Mini-Screw Rapid Palatal Expansion (Marpe) In Late Adolescents And Young Adults: A Systematic Review, Afaf El Merouani Drissi, Hajar Ben Mohimd, Hicham Benyahia, Fatima Zaoui

International Arab Journal of Dentistry

Introduction: Mini-screw assisted rapid maxillary expansion (MARPE) emerged as a less invasive alternative treatment for transverse maxillary expansion, and designed to overcome the limitations of conventional rapid maxillary expansion for patients from post-pubertal growth spurt period onwards, often presenting with an interdigitated suture. The aim of this systematic review is to evaluate the efficacy of this treatment on skeletal, dento-alveolar and periodontal levels based on CBCT studies, by comparing it to the conventional rapid maxillary expansion (RPE).

Methods: a literature search of five databases (PubMed, Scopus, Web of Science, ScienceDirect and the Cochrane library) was conducted from 2010 until July …


Minimally Invasive Decompression And Long-Term Follow-Up Of An Orthokeratinized Odontogenic Cyst Of The Mandible: A 7-Year Case Report, Akram Belmehdi, Karima El Harti Jul 2026

Minimally Invasive Decompression And Long-Term Follow-Up Of An Orthokeratinized Odontogenic Cyst Of The Mandible: A 7-Year Case Report, Akram Belmehdi, Karima El Harti

International Arab Journal of Dentistry

Introduction: Orthokeratinized odontogenic cyst (OOC) is a rare developmental jaw lesion with indolent behavior and low recurrence potential.

Case presentation: A 33-year-old healthy male was referred after incidental discovery of a mandibular radiolucency. Cone-beam CT revealed a well-defined unilocular lesion in close relation to the inferior alveolar canal. Aspiration confirmed its cystic nature, and a conservative decompression was performed using a rubber drain to reduce lesion size and preserve adjacent structures. Histopathologic examination identified orthokeratinized epithelium consistent with OOC. After seven months of decompression, the lesion showed marked ossification, allowing safe enucleation and peripheral curettage. Radiographic follow-ups at 19 months …


Employing Artificial Intelligence For Non-Invasive Diagnosis Of Craniofacial Deformities: A Systematic Review Of Non-Ionizing Radiation Methods, Nurul Mutmainnah, Harun Achmad, Lusy Damayanti Jul 2026

Employing Artificial Intelligence For Non-Invasive Diagnosis Of Craniofacial Deformities: A Systematic Review Of Non-Ionizing Radiation Methods, Nurul Mutmainnah, Harun Achmad, Lusy Damayanti

International Arab Journal of Dentistry

Introduction: Craniofacial deformities, like craniosynostosis and plagiocephaly, require early diagnosis, but traditional methods like CT scans use harmful ionizing radiation. Artificial Intelligence (AI) offers a non-invasive, radiation-free alternative, using 2D and 3D imaging for accurate diagnosis, improving safety and accessibility, especially in remote areas.

Objective: This review evaluates the use of AI in diagnosing craniofacial deformities without ionizing radiation, focusing on its strengths, limitations, and challenges in clinical implementation.

Methods: The literature was searched across five databases—PubMed, Google Scholar, ScienceDirect, Wiley, and Cochrane—over the last decade, following PRISMA guidelines. Inclusion criteria were AI-based, non-invasive imaging techniques for craniofacial deformities. The …


Risk Factors Of Suicidality Among Physician Assistants, Lynn Marie Page Jul 2026

Risk Factors Of Suicidality Among Physician Assistants, Lynn Marie Page

Walden Dissertations and Doctoral Studies

Suicide is a global public health issue that affects all ages, genders, races, and social classes. Although suicide rates are higher among health care providers than in the general public, there is a gap in the literature regarding the suicidal risk factors of physician assistants (PAs), who increasingly provide health care in the United States. The aim of this quantitative cross-sectional study was to explore the association between anxiety, burnout, and depression and the stress-reducing benefits of mindfulness-based interventions (MBIs), as well as the dependent variable suicidality among PAs in the United States. A self-directed questionnaire incorporated psychometrically validated tools …


Analisis Respon Siswa Berdasarkan Asesmen Berbasis Taksonomi Solo (Structure Of The Observed Learning Outcome) Pada Materi Perubahan Fisika Dan Kimia, Nurul Amaliyah, Imraatul Mufidah, Dyne Rizki Puspitasari, Siti Zubaidah Jul 2026

Analisis Respon Siswa Berdasarkan Asesmen Berbasis Taksonomi Solo (Structure Of The Observed Learning Outcome) Pada Materi Perubahan Fisika Dan Kimia, Nurul Amaliyah, Imraatul Mufidah, Dyne Rizki Puspitasari, Siti Zubaidah

Journal of Innovation and Teacher Professionalism

This study aimed to describe the level of seventh-grade students' understanding of physical and chemical changes through the analysis of their responses using a SOLO taxonomy-based assessment. The study employed a qualitative descriptive approach, with lesson implementation conducted through the Lesson Study stages of plan, do, and see. The participants were 31 seventh-grade students of SMP Laboratorium Universitas Negeri Malang. Data were collected from students' written responses to four essay questions representing the unistructural, multistructural, relational, and extended abstract levels of the SOLO taxonomy and were analyzed descriptively. The results showed that most students were at the …


July 10, 2026 Ereporter, University Of Alabama At Birmingham Jul 2026

July 10, 2026 Ereporter, University Of Alabama At Birmingham

eReporter (campus newsletter)

No abstract provided.


Enhancing Nursing Competency In The Ambulatory Surgery Center, Rachael Owokole Jul 2026

Enhancing Nursing Competency In The Ambulatory Surgery Center, Rachael Owokole

Walden Dissertations and Doctoral Studies

In this project, I addressed a persistent practice problem among agency nurses working in an ambulatory surgery center (ASC) in Southern California, who often enter the facility with varying familiarity with its policies and procedures. I designed this staff education, evidence-based practice (EBP), quality-improvement initiative to strengthen nursing knowledge and competency among agency nurses at the facility. The practice question was designed to assess on whether their knowledge and self-perceived competency improved after participating in the education program. I obtained evidence for the project from peer‑reviewed research, clinical guidelines, and national competency frameworks. I identified sources through systematic searches of …


General Education Primary Teachers’ Perspectives Of Inclusive Practices To Engage Students With Special Educational Needs, Zhen Rolle Jul 2026

General Education Primary Teachers’ Perspectives Of Inclusive Practices To Engage Students With Special Educational Needs, Zhen Rolle

Walden Dissertations and Doctoral Studies

The problem addressed through this study was that general education primary teachers (GEPTs) struggled to engage students with special educational needs (SEN) in Bahamian primary inclusive classrooms (BPICs). The purpose of this qualitative study was to investigate GEPTs’ perspectives on their successes, challenges, and additional training needed to engage students with SEN in BPICs. This study was guided by universal design for learning, pioneered by Rose and Meyer, which supported an inclusive academic environment that accommodated students with SEN. For this basic qualitative design, data were collected from semistructured interviews with 10 GEPTs. Through thematic analysis, the following five themes …


Staff Education To Instruct Nurses On How To Use The Braden Scale To Increase Their Knowledge, Anna Shedrick Jul 2026

Staff Education To Instruct Nurses On How To Use The Braden Scale To Increase Their Knowledge, Anna Shedrick

Walden Dissertations and Doctoral Studies

No abstract provided.


U.S. Health Care Leaders’ Strategies To Improve Operational Efficiency Through Artificial Intelligence In Hospital Settings, Antwonne Demarco Ward Jul 2026

U.S. Health Care Leaders’ Strategies To Improve Operational Efficiency Through Artificial Intelligence In Hospital Settings, Antwonne Demarco Ward

Walden Dissertations and Doctoral Studies

Health care leaders in the United States increasingly adopt artificial intelligence (AI) to improve operational efficiency, yet many organizations struggle to achieve sustained operational value from AI initiatives. This problem is important to health care leaders, patients, clinicians, staff, and communities because AI-supported decisions may affect workflow, access, safety, staffing, and trust. The purpose of this qualitative pragmatic inquiry project was to explore strategies U.S. health care leaders used to improve operational efficiency through AI in hospital settings. Eight U.S. health care leaders in hospital settings across the United States participated. The technology-organization-environment framework grounded the project. Data were collected …


Talent Management Strategies For Employee Retention And Business Effectiveness In Small To Medium-Sized Businesses, Felicia Y. Coverson Jul 2026

Talent Management Strategies For Employee Retention And Business Effectiveness In Small To Medium-Sized Businesses, Felicia Y. Coverson

Walden Dissertations and Doctoral Studies

One of the most persistent and costly challenges faced by leaders of small-to medium-sized businesses (SMBs) is retaining skilled employees. SMB leaders are concerned about retaining skilled employees because employee turnover threatens organizational stability, productivity, and long-term competitiveness. Grounded in Becker’s human capital theory and Barney’s resource-based view theory, the purpose of this qualitative pragmatic inquiry was to identify and explore the talent management strategies SMB leaders use to retain employees and enhance business effectiveness. The participants were eight SMB leaders with responsibility for talent management and employee retention in Columbia, South Carolina. Data were collected through semistructured interviews and …


“To Complete Our Declaration”: The American Indian Chicago Conference, The Declaration Of Indian Purpose, And The Quest For Self-Determination, Joseph W. Ferguson Jul 2026

“To Complete Our Declaration”: The American Indian Chicago Conference, The Declaration Of Indian Purpose, And The Quest For Self-Determination, Joseph W. Ferguson

Department of History

The American Indian Chicago Conference (AICC) illuminates understudied elements within twentieth century Indigenous history. Post WWII policies of termination came to frame the conference, and archival evidence from the planning and establishment of regional conferences and founding documents allows for analysis of the deeper meaning the conference held. The planning phases, schedule, events, and outcomes of the conference indicate factors of a national Indigenous community and identity that have yet to be fully explored in the historiography of this period. The implications of termination policies on Indigenous peoples in North America act as a starting point for the conference’s development. …


Immigration-Related Sociopolitical Stress, Mental Health, And Tobacco Use Among Mexican American College Students, Seth R. Schwartz, C. Nathan Marti, Liza Talavera-Garza, Caroline E. North, Qingua Yang, Dhiraj Murthy, Srishty Arora, Anna V. Wilkinson, Alexandra Loukas Jul 2026

Immigration-Related Sociopolitical Stress, Mental Health, And Tobacco Use Among Mexican American College Students, Seth R. Schwartz, C. Nathan Marti, Liza Talavera-Garza, Caroline E. North, Qingua Yang, Dhiraj Murthy, Srishty Arora, Anna V. Wilkinson, Alexandra Loukas

Psychological Science Faculty Publications

Sociopolitical stress associated with the policies and rhetoric coming from recent U.S. presidential administrations is of particular concern vis-à-vis Hispanic individuals, who have been disproportionately targeted for detention and deportation. Such stress may be associated with symptoms of depression and anxiety, and ultimately with tobacco use. However, there is a paucity of research examining how sociopolitical stress is associated with mental health problems and substance use among Hispanic emerging adults. Accordingly, the present study was designed to examine the extent to which, within a sample of Mexican American college students, sociopolitical stress would be linked with tobacco use indirectly through …


Jerry Painadath V. Good Shepherd Penn Partners Jul 2026

Jerry Painadath V. Good Shepherd Penn Partners

2026 Decisions

USDC for the Eastern District of Pennsylvania


Gwtc-4.0: Population Properties Of Merging Compact Binaries, Ligo Scientific Collaboration, Virgo Collaboration, Kagra Collaboration, Marc Favata, Shoan Ghosh, Rodica Martin Jul 2026

Gwtc-4.0: Population Properties Of Merging Compact Binaries, Ligo Scientific Collaboration, Virgo Collaboration, Kagra Collaboration, Marc Favata, Shoan Ghosh, Rodica Martin

Department of Physics and Astronomy Faculty Scholarship and Creative Works

We detail the population properties of binary neutron star, neutron star-black hole binary, and binary black hole mergers using 158 events from the cumulative Gravitational-Wave Transient Catalog 4.0. The black hole primary mass distribution consists of a power-law-like continuum that steepens above 35 M-circle dot with overdensities at 10 M-circle dot and 35 M-circle dot. Binary black holes with primary masses near 10 M-circle dot are more likely to have less massive secondaries, with a mass ratio distribution peaking at q = 0.71(-0.11)(+0.12), potentially a signature of stable mass transfer during binary evolution. Black hole spins are inferred to be …


Gwtc-4.0: Population Properties Of Merging Compact Binaries, A. G. Abac, I. Abouelfettouh, Teviet Creighton, Mario C. Diaz, Raul Alberto Espinosa Perez, J Lawrence, Francisco Llamas Villarreal, Soma Mukherjee, Volker Quetschke, Wenhui Wang Jul 2026

Gwtc-4.0: Population Properties Of Merging Compact Binaries, A. G. Abac, I. Abouelfettouh, Teviet Creighton, Mario C. Diaz, Raul Alberto Espinosa Perez, J Lawrence, Francisco Llamas Villarreal, Soma Mukherjee, Volker Quetschke, Wenhui Wang

Physics & Astronomy Faculty Publications

We detail the population properties of binary neutron star, neutron star–black hole binary, and binary black hole mergers using 158 events from the cumulative Gravitational-Wave Transient Catalog 4.0. The black hole primary mass distribution consists of a power-law-like continuum that steepens above 35 M⊙ with overdensities at 10 M⊙ and 35 M⊙. Binary black holes with primary masses near 10 M⊙ are more likely to have less massive secondaries, with a mass ratio distribution peaking at  q=0.74+0.13−0.13, potentially a signature of stable mass transfer during binary evolution. Black hole spins are inferred to be nonextremal, with …


Specific Carbohydrate Diet Versus Mediterranean Diet In Adult Patients With Mild To Moderate Ulcerative Colitis: A Randomized Controlled-Feeding Trial, Albert Sheng-Yin Chen, Long Nguyen, Brianna Gray, Katherine Williams, Jenny Gurung, Lauren Canha, Jessica Mcgoldrick, Jane Hubbard, Hamed Khalili Jul 2026

Specific Carbohydrate Diet Versus Mediterranean Diet In Adult Patients With Mild To Moderate Ulcerative Colitis: A Randomized Controlled-Feeding Trial, Albert Sheng-Yin Chen, Long Nguyen, Brianna Gray, Katherine Williams, Jenny Gurung, Lauren Canha, Jessica Mcgoldrick, Jane Hubbard, Hamed Khalili

Student Papers, Posters & Projects

Background and aims: This pilot randomized controlled-feeding trial compared the effect of Specific Carbohydrate Diet (SCD) and Mediterranean diet (MeD) in mild to moderate ulcerative colitis (UC).

Methods: Seventeen adults were randomized to a 6-week SCD (n = 8) or MeD (n = 9) intervention. Primary outcome was change in partial Mayo Clinic score (pMCS).

Results: The study was discontinued early due to significant dropout (n = 9, 52.9%). There was no significant between-group differences observed for pMCS change (SCD, -0.8; MeD, -1.3; p = 0.499) or secondary outcomes. Exploratory metagenomic analysis revealed enrichment of Parasutterella excrementihominis …


Effect Of Naoh Concentration On The Structural, Morphological, And Tensile Properties Of Pineapple Stem Fibers, Ahmad Norca Kurnia Zen, Heru Suryanto, Aminnudin Aminnudin, Fajar Nusantara, Joseph Selvi Binoj Jul 2026

Effect Of Naoh Concentration On The Structural, Morphological, And Tensile Properties Of Pineapple Stem Fibers, Ahmad Norca Kurnia Zen, Heru Suryanto, Aminnudin Aminnudin, Fajar Nusantara, Joseph Selvi Binoj

Journal of Mechanical Engineering Science and Technology (JMEST)

Natural fiber reinforced composites are increasingly being developed due to their environmentally friendly nature, low production costs, and safety for human health. However, the presence of lignin and hemicellulose reduces adhesion properties between fiber and composite matrix. Alkalization treatment is an effective way to remove lignin and hemicellulose attached to cellulose. This study aims to determine the optimum concentration of NaOH used during alkalization process of pineapple stem fiber. The methods included the retting process of fibers from pineapple stems. The obtained fibers were soaked in variations of 2%, 4%, 6%, and 8% NaOH for 4 hours,  then dried and …


Evans Fanor V. University Hospital Jul 2026

Evans Fanor V. University Hospital

2026 Decisions

USDC for the District of New Jersey


Addressing The ‘Chicken-And-Egg’ Dilemma: Pension Reform, Market Coordination, And Policy Design, Shujaat Khan, Bo Li, Yunhui Zhao Jul 2026

Addressing The ‘Chicken-And-Egg’ Dilemma: Pension Reform, Market Coordination, And Policy Design, Shujaat Khan, Bo Li, Yunhui Zhao

Journal of Banking and Financial Economics

Why do domestic stock markets in many emerging market economies fail to develop, even in the presence of high savings rates? In this paper, we argue that this may be a ‘chicken-and-egg’ problem, which we formalise as a market coordination failure. We first develop a stylised game-theoretical model, showing that when long-term equity investment is subject to network externalities, the Pareto-optimal, high-investment equilibrium is not robust to noise. Individual investors, fearing defection by others, will rationally choose a low-investment (or ‘run’) strategy, trapping the market in a state of underdevelopment. We then show how a specific institutional design – a …