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Behavioral Economics

Theses/Dissertations

2023

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Full-Text Articles in Social and Behavioral Sciences

Heat & Social Cooperation: The Effects Of Thermal Stress On Altruism, Alexander J. Courtman Dec 2023

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

Master's Theses

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


Social Media Impacts On Arkansas Consumer Perceptions Of Gmos, Elizabeth R. Berner Dec 2023

Social Media Impacts On Arkansas Consumer Perceptions Of Gmos, Elizabeth R. Berner

Graduate Theses and Dissertations

This study builds upon previous consumer perceptions of GMOs studies. A need existed to determine what, if any, effects social media messages about GMOs had on consumer perceptions in Arkansas. The study utilized a qualitative approach with three focus groups. Data were analyzed using descriptive code. Participants were found to have a general understanding of GMOs, though discussion about what a GMO product was took an uncertain tone. Most participants did not consider GMOs as a factor when purchasing products. Rather participants considered characteristics such as price, quality, and convenience. Participants did not believe the infographics had changed their opinions …


Evaluating Garment Fit Perception For Pregnant Women During 1st, 2nd, Or 3rd Trimesters, Nelima Zipporah Barasa Dec 2023

Evaluating Garment Fit Perception For Pregnant Women During 1st, 2nd, Or 3rd Trimesters, Nelima Zipporah Barasa

Graduate Theses and Dissertations

During pregnancy, women experience diverse physical body changes as the pregnancy progresses through different periods. It has been noted that anthropometric changes occur during pregnancy in a non-linear manner and can be measured using 3D body scanners at various stages of pregnancy. The changes are diverse, and impact pregnant women's garment fit differently as the pregnancy progresses through each trimester. Pregnant women have experience in dressing their pre-pregnant bodies in stylish garments and would similarly want to dress fashionably when pregnant. This has led to the need for garments that can accommodate body changes comfortably and fashionably without losing the …


Per Capita Gdp’S Potential Effect On The Percentage Of Children In Foster Care, Jenna Mcclain Dec 2023

Per Capita Gdp’S Potential Effect On The Percentage Of Children In Foster Care, Jenna Mcclain

Honors College Theses

Few studies have been conducted on the presence of a direct connection between per capita gross domestic product (GDP) and the percentage of children in foster care in a given region. GDP is a known indicator of economic growth (Powers, 1995; Roshaniza & Selvaratnam, 2015), as is a child’s potential for foster care placement associated with a parent or family’s financial status (Bald et. al, 2022; Barth et. al, 2010). Poverty is the bridge in many of these scenarios – low GDP can be indicative of higher poverty rates, and financial hardship under poverty classification can lead to child maltreatment …


Essays On Market Inefficiencies Arising From Information Asymmetry And Market Power, Ming Ge Nov 2023

Essays On Market Inefficiencies Arising From Information Asymmetry And Market Power, Ming Ge

Doctoral Dissertations

This dissertation comprises three chapters that empirically investigate various kinds of market inefficiencies arising from seller misbehaviors. The first two chapters focus on physicians' overtreatment in healthcare markets. A standard reputation system falls short of effectively curbing overtreatment due to the credence-good nature of such a market: patients cannot tell whether a high-cost treatment recommendation (versus a less costly and complex treatment) is necessary even after the service is completed. In the first chapter, I propose a novel solution to reinstate the function of reputation by combining a reputation mechanism with patient search for second opinions. I conduct a laboratory …


The Influence Of Framing And Recent Experience On Farmer Choices In Experimental Games Depicting Risk-Reducing Agricultural Technologies, Ana Maria Ospina Tobar Aug 2023

The Influence Of Framing And Recent Experience On Farmer Choices In Experimental Games Depicting Risk-Reducing Agricultural Technologies, Ana Maria Ospina Tobar

Electronic Theses and Dissertations

Climate change is a major threat to food security, particularly in low and middle-income countries that are highly dependent on staple crops for subsistence. The vulnerability of staple crops, like maize, in the face of climate change, is increasing due to the increasing frequency of droughts. This thesis aims to evaluate two mechanisms through which farmers may be more willing to adopt new technologies that increase their resilience to climate change: First, I evaluate the effectiveness of a new virtual maize farming game as a learning tool to teach farmers about the outcomes they could obtain under different weather events …


The Role Food Security, Financial Literacy, And Nutrition Literacy Play On The Diet Quality Of College Students, Amelia Sullivan Aug 2023

The Role Food Security, Financial Literacy, And Nutrition Literacy Play On The Diet Quality Of College Students, Amelia Sullivan

Electronic Theses and Dissertations

This research aimed to explore the roles of food security status (FSS), financial literacy (FL), and nutrition literacy (NL) on the diet quality (DQ) of college students at the University of Maine. This research additionally sought to understand mediational relationships among these factors that could impact DQ.

A cross-sectional convenience sample of college students completed an online questionnaire assessing sociodemographic factors, short healthy eating index (sHEI)-score, FSS, FL, and NL. Participants' continuous data were analyzed using a Pearson correlation. Differences between interactive NL and sHEI-score while controlling for gender and meal plan differences were analyzed using a MANCOVA. Additionally, differences …


Beef And Dairy Substitution Effects Associated With Carbon Labeling And An Information Intervention, Sara Gardner Hedgecock Aug 2023

Beef And Dairy Substitution Effects Associated With Carbon Labeling And An Information Intervention, Sara Gardner Hedgecock

Graduate Theses and Dissertations

Understanding consumer perceptions of carbon emissions in agriculture is a critical step to help increase the sustainability of food consumption. According to the Food and Agriculture Organization of the United Nations, 14.5 percent of all global anthropogenic GHG emissions are estimated to be represented by livestock (FAO), and cattle, raised for beef and milk, are the largest animal species responsible for emissions, comprising over 60 percent of the livestock sector’s emissions. This motivates this study’s analysis of beef and dairy milk products and alternatives. To better understand how consumers may substitute meat and milk products when provided with information about …


Are There Differences In Household Borrowing Across Religions?, Seth Dunn Aug 2023

Are There Differences In Household Borrowing Across Religions?, Seth Dunn

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

This study explores the relationship between religion and economic behavior, specifically asking whether variations in household borrowing can be attributable to identification with different Christian religious traditions across the United States. The hypothesis of different borrowing behaviors across religions is motivated historically and theoretically. Historical data from l967 and 1971 are used in ordinary least squared and logistic regression analyses. Density of religious affiliations and relevant controls are used to predict households’ debt and attitudes towards different reasons for borrowing. Some differences across religions are found. This research contributes to a broader literature exploring the impact of religion on economic …


Understanding Factors Influencing Electric Vehicle Adoption: Evidence From Panel Data Analysis, Ryker Brian Aug 2023

Understanding Factors Influencing Electric Vehicle Adoption: Evidence From Panel Data Analysis, Ryker Brian

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

This paper investigates the factors influencing the adoption of electric vehicles (EVs) using panel data from California. The analysis employs a panel data model with within effects to examine the relationship between EV adoption rates and various socio-economic factors. The continued analysis gives out-of-sample forecasted results for the 4 counties with the highest share of electric vehicles registered in 2021. Additionally, the paper explores the influence of supply-side issues and complementary infrastructure on EV adoption. An introduction to Hidden Markov Methods is then given as the next step in the research.


Search Models Of Money: Alternative Means-Of Payment And Consumer Behaviour With Credit, Kheng Tat Marcus Tan Jul 2023

Search Models Of Money: Alternative Means-Of Payment And Consumer Behaviour With Credit, Kheng Tat Marcus Tan

Dissertations and Theses Collection (Open Access)

This dissertation consists of three chapters on Search Models of Money.

The first chapter is a review of recent advances in Search Models of Money. It reviews the Lagos and Wright (2005) framework which is the workhorse of many modern search models with applications to models with Competing Media of Exchange to Fiat Currency, and models with Money and Credit. We trace the history of the development of search models of money from the first generation to present day. We highlight recent developments that address puzzles such as the coexistence of money in an environment where an asset serves as …


Designing The Future: The Influence Of Lloyd J. Reynolds On American Product Innovation, Bander Qadan Jun 2023

Designing The Future: The Influence Of Lloyd J. Reynolds On American Product Innovation, Bander Qadan

University Honors Theses

This research inquiry will explore how critical advances in American design products and consumerism can be traced back to the late Lloyd J. Reynolds and the silent yet powerful influence he has had on a generation of students, such as the innovative pioneer, Steve Jobs. Lloyd J. Reynolds was a renowned calligrapher and teacher at Reed College. The inquiry is structured chronologically, leading to Apple's 2022 valuation of about two trillion dollars. Four significant areas will be examined to trace this trajectory. Firstly, the paper examines the effects of calligraphy/typography on Lloyd J. Reynolds. Secondly, it delves into Steve Jobs’ …


Essays On Political Economy And Behavior, Seth Emblem May 2023

Essays On Political Economy And Behavior, Seth Emblem

Economics Theses and Dissertations

This dissertation consists of three essays which focus on the intersection of political economy and behavioral economics. I am interested in understanding how people behave in politically adjacent areas so that we can find the policy interventions that can best address the issues that arise from these areas. To do so, I utilize incentivized survey instruments and laboratory experiments to study how people behave in these settings. In Chapter 1, I examine the question of how people respond to standard political surveys and whether these surveys reflect people’s genuine beliefs regarding factual political questions. Responses to standard political surveys suggest …


Reducing Recycling Contamination Using An Information Nudge, Mimi Rivette May 2023

Reducing Recycling Contamination Using An Information Nudge, Mimi Rivette

LSU Master's Theses

Recycling contamination is a central challenge to recycling programs but is infrequently studied due to the difficulty of measuring contents and the inconvenience of sorting through recycling bags by hand. We conducted two simultaneous experiments to address both the issue of recycling contamination and the infrequency of its study at Louisiana State University in Fall 2021. We implemented two signage treatments, the first explicitly instructing passersby not to recycle a short list of common recycling contaminants, including Styrofoam, food wrappers, plastic bags, and face masks, and the second generally encouraging recycling but excluding specific instructions on what to recycle. To …


Feeling The Heat: Heterogeneous Treatment Effects Of Heat On Human Cooperation, Scott K. Klaus May 2023

Feeling The Heat: Heterogeneous Treatment Effects Of Heat On Human Cooperation, Scott K. Klaus

Master's Theses

The goal of this paper is to examine how increased temperatures affect human behavior in terms of cooperation. Currently, there is an abundance of literature regarding increased aggression in humans as temperatures rise. However, there is ambiguity concerning whether a similar effect exists in altering levels of cooperation in human interactions. Additionally, people of different characteristics may be influenced by heat at varying levels. First, we run a baseline model of prosociality on different heat measurements, such as standard and wet-bulb temperatures. Included in this model are experimental specification variables, a “trigger”, and characteristics. The trigger is defined as losing …


Impacts Of Rising Temperatures On Human Behavior With A Focus On Gender Differences, Stephanie Marie Emilia J. Hermoso May 2023

Impacts Of Rising Temperatures On Human Behavior With A Focus On Gender Differences, Stephanie Marie Emilia J. Hermoso

Master's Theses

Climate change is one of the biggest and most pressing issues the world is facing today. While its economic implications are substantial, it is also important to investigate the effects of climate change on human behavior. This paper examines the relationship of rising temperatures and its effect on an individual’s cooperative behavior – specifically egalitarianism, generosity, selfishness, and spite. This study will focus on the differences between how males and females react to the temperature. Research indicates that there are substantial behavioral differences between men and women. How do the economic decisions of men and women differ when interacted with …


Ties That Bind: Allomaternal Care And Cooperation Among Matrilocal And Patrilocal Northeast Indian Tribes, Shreeja Guha May 2023

Ties That Bind: Allomaternal Care And Cooperation Among Matrilocal And Patrilocal Northeast Indian Tribes, Shreeja Guha

Master's Theses

Why do humans cooperate? Given the extensive range of literature from various disciplines on the puzzle of human cooperation, there is no one answer to that question. In this paper, I look at whether childcare provided by individuals other than the genetic mother, i.e. allomaternal care, can be one possible explanation for the evolution of human cooperation, especially in small communities with no formal childcare. The data for this study comes from field experiments & surveys conducted with a sample of 416 mothers and fathers from matrilocal and patrilocal tribes in North-east India. I present evidence that allomaternal care plays …


Tempers Rising: The Effect Of Heat On Spite, Jake C. Cosgrove May 2023

Tempers Rising: The Effect Of Heat On Spite, Jake C. Cosgrove

Master's Theses

The relationship between heat and harmful outcomes is well documented, with research connecting various adverse economic outcomes to the climate. In the presence of increasing global warming and climate change, understanding why the climate leads to negative economic outcomes is essential for forming peaceful institutions of the future. We study how behavioral economic outcomes change in the presence of heat through a lab experiment involving 1,110 observations conducted in five different countries. This paper specifically focuses on the social preference outcome of spite. We find that increased time exposure to the treatment effect of heat is required to elicit an …


Sweet And Timely Insurance: The Role Of Honey In Reducing Coffee Producer Food Insecurity Exposure In Mexico, Grant Xavier Storer May 2023

Sweet And Timely Insurance: The Role Of Honey In Reducing Coffee Producer Food Insecurity Exposure In Mexico, Grant Xavier Storer

Master's Theses

Smallholder coffee producers face a combination of pre- and post-harvest risk factors that leaves them particularly vulnerable to food insecurity. A popular form of on-farm diversification is honey production through beekeeping, that has both nutritional and commercial value. This study investigates the role of honey production as means of food security management due to the heightened pollinating activity during the coffee flowering stage that follows the annual coffee harvest provides an additional non-contemporaneous source of income. Using primary data collected in coffee-producing regions of Chiapas, Mexico, I find that during the honey harvest months, which occurs during the early stage …


Charity Begins At Home: Investigating How Culture Shapes In-Group Bias In Altruistic Behavior, Angira Shukla May 2023

Charity Begins At Home: Investigating How Culture Shapes In-Group Bias In Altruistic Behavior, Angira Shukla

Master's Theses

The paper builds a structural model of altruistic transfers based on identity matches with another individual and estimates the weights that people place on the characteristic matches. We also take a comparative look at the role of culture in these transfers. The culture here is trying to contrast a traditional society versus a cosmopolitan one. I run an experiment in India to examine these differences. I find that in both the urban and rural samples individuals tend to give more to girls and donate largely on the basis of the need of the receiver. I also find that the rural …


Intricacies Of Agency: Rational Choice, Behavioral Economics, And Our Normative Commitments, Max Hendrix May 2023

Intricacies Of Agency: Rational Choice, Behavioral Economics, And Our Normative Commitments, Max Hendrix

Fenwick Scholar Program

This project undertakes a philosophical analysis of the intricacies of agency found in rational choice theory - the mainstream economic theory that agents are fundamentally rational and utilize their rationality to identify and pursue their self-interest. Recent experimental evidence within and outside of economics has cast doubt on the psychological accuracy and predictive prowess of the theory, laying the foundation to discuss the strengths and limitations of the theory as well as the impacts that this paradigm of agency has on our society today. I argue that rational choice theory struggles as a holistic conception of agency both from an …


Using Video Storytelling To Transform The Consumer Narrative Of Fashion Into One Of Caretaking: A First Step Towards A Sustainable Fashion Industry, Piumi De Alwis May 2023

Using Video Storytelling To Transform The Consumer Narrative Of Fashion Into One Of Caretaking: A First Step Towards A Sustainable Fashion Industry, Piumi De Alwis

Masters Theses

This study speaks about today’s apparel industry run by the consumption based “consumer narrative” and will introduce a sustainable alternative of “caretaker narrative,” a consumer oriented way of being to combat toxic practices in the apparel industry. Meanwhile on the other hand in today’s day and age video storytelling is getting extremely popular in the media we daily consume. This study examines how to effectively use video storytelling to popularize the sustainable practice of the “caretaker narrative” in society.


Heterogeneous Effects In The Prospects Of Upward Mobility Hypothesis: The Roles Of Risk And Political Beliefs., Nathaniel Badalov May 2023

Heterogeneous Effects In The Prospects Of Upward Mobility Hypothesis: The Roles Of Risk And Political Beliefs., Nathaniel Badalov

Theses and Dissertations

I test for heterogenous effects in the Prospects of Upward Mobility (POUM) hypothesis framework. This framework suggests that individuals who are poorer than average but expect to become richer than average support less redistribution. Using a survey of households in primarily transition economies - Life in Transition Survey (LiTS2) and ordered logistic regression, I test whether the POUM effect is influenced by the riskiness of the individual's environment or political beliefs. The results suggest that the POUM effect holds independent of the riskiness of the environment but is conditional on political beliefs. The prospects of upward mobility decrease redistributive support …


Multivariate Econometric Regression Of Factors That Determine Form Of Disposition Of Human Remains Using Archival Death Certificates, Salt Lake County, Utah, Delphine T. Feigenbaum May 2023

Multivariate Econometric Regression Of Factors That Determine Form Of Disposition Of Human Remains Using Archival Death Certificates, Salt Lake County, Utah, Delphine T. Feigenbaum

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

This project considers the inescapable and burgeoning issues concerning the long-term allocation of scarce natural resources between the living and the deceased. America’s population growth will demand more space and maintenance resources used for disposition. To meet the forthcoming exigencies, economic planners need to address natural resource availability for future generations while incorporating sustainable and innovative technologies to prohibit environmental injustice.

The goals are to answer the following questions: How do demographical variables, age and sex influence the choice of disposition? How do cause of death variables influence the choice of disposition? I also evaluate the hypothesis that the average …


The Determinants Of Homeownership: Mortgage Rates, Median Household Income And Vacancy Rates, Aisha S. Mackey May 2023

The Determinants Of Homeownership: Mortgage Rates, Median Household Income And Vacancy Rates, Aisha S. Mackey

Applied Economics Theses

Several studies conducted have considered the determinants to homeownership in America. In our study, we are looking at the impact of mortgage rates, median household income, and vacancy rates. Here, we identify how homeownership is determined, how mortgage rates affect homeownership, how median income affects homeownership, and how vacancies affect homeownership. Our study begins with a literature review. We then use regression analysis to look at the relationship between total homes owned, the mortgage rate, median household income, and vacancy. Our study confirms our expectations. We find that there is a negative relationship between total homes owned and the mortgage …


Time-Inconsistent Preferences And The Welfare Effects Of Financing Unfunded Social Security With Consumption Taxation, Emily E. Sorensen May 2023

Time-Inconsistent Preferences And The Welfare Effects Of Financing Unfunded Social Security With Consumption Taxation, Emily E. Sorensen

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

A sizable body of evidence suggests that individuals make retirement preparation plans for the future, but then they persistently fail to follow through and prepare adequately to fund their retirement. In parallel, observational and experimental evidence suggests that people discount the future hyperbolically, and a hyperbolic discount function leads to inadequate preparation for retirement in modeling applications. In this paper, I construct a life-cycle model of consumption, saving, and intensive labor supply in which the representative individual possesses a hyperbolic discount function. The model exhibits time-inconsistent dynamic optimization as the individual persistently formulates, breaks, and then re-formulates consumption, saving, and …


Understanding The Evolution Of Enforcement Systems In Resource Dilemmas, Devin M. Flener May 2023

Understanding The Evolution Of Enforcement Systems In Resource Dilemmas, Devin M. Flener

College of Arts & Sciences Senior Honors Theses

The effective management of resources on Earth is a pressing global social dilemma. An alternative solution to the traditional managing methods of these common pool resources is communal self-management facilitated through principles of restorative justice and developed through exploratory learning. We examined how communication, restorative justice techniques, and opportunity for exploratory learning impacted groups’ ability to develop a strong conceptual understanding of enforcement as well as an enforcement system in order to maintain an effective conservation strategy. Participants (N=288) were randomly assigned to 72 four-person groups in six separate conditions. Each group played nine rounds of a computer-simulated foraging task …


Perceptions Of Student Loan Debt: A Phenomenological Study Exploring Black Undergraduate Students' Experiences., Pilar Prather May 2023

Perceptions Of Student Loan Debt: A Phenomenological Study Exploring Black Undergraduate Students' Experiences., Pilar Prather

Electronic Theses and Dissertations

The rising cost of higher education concerns many families in the United States, especially those from historically underrepresented backgrounds. The purpose of this study is to explore the phenomenon of Black students' perception of their student loan debt and how their financial knowledge influences their decisions at a public institution. This qualitative research provides space to empower individuals to share their stories through semi-structured interviews to get an account of their experiences. Grounded in Yosso's (2005) Community Cultural Wealth Theory, the study seeks to capture the unique ways Black students make financial decisions. The dissertation is divided into five chapters: …


Perceptions Of Tourism And Quality Of Life: A Case Study In Savannah, Georgia, Marissa J. Renee Apr 2023

Perceptions Of Tourism And Quality Of Life: A Case Study In Savannah, Georgia, Marissa J. Renee

Honors College Theses

The World Travel and Tourism Council estimates that Travel and Tourism accounted for 10.3% of the world economy in 2019 and ¼ of all net new jobs over the past five years. Savannah, Georgia has experienced huge growth in the last decade due to tourism, with visitor spending on lodging alone increasing from $466 million in 2009 to $1 billion in 2019. The current study examined differences in perceived impact of tourism on quality of life using established predictors of tourism sentiments. An online community survey was conducted in Chatham County, Georgia (N = 94) using the Tourism Quality of …


Consumers And Eco-Labels: A Quantitative Analysis Of The Effects Of Various Sustainability Certification Models On Consumer Opinions, William F. Joseph Apr 2023

Consumers And Eco-Labels: A Quantitative Analysis Of The Effects Of Various Sustainability Certification Models On Consumer Opinions, William F. Joseph

Senior Theses

This research consists of an econometric analysis of the efficacy of a privatized sustainability certification model versus a proposed government-endorsed sustainability certification model within the United Sates market. Today, the widely accepted model of sustainability certification is constituted by a large market of private certifiers. By analyzing the effects of the current model and alongside the effects of a hypothetical government-endorsed system on consumer preferences for sustainably produced goods, the thesis aims to motivate further discussion into the possible benefit of adopting a government-sponsored sustainability certification system. In general, analysis of the data suggests much more promising and significant effects …