Social and Behavioral Sciences Commons^™

Local Competition, Multimarket Contact, And Product Quality: Evidence From Internet Service Provision, Kyle Wilson

Pomona Faculty Publications and Research

I investigate the effect of competition on quality in the internet service provision industry: I examine both local competition within markets and multimarket contact among firms across markets. This industry offers an ideal setting, as quality is both objective and measurable. I use data from speedtest.net from 2008 to 2014 to estimate a reduced-form model of the effects of local competition and multimarket contact on realized consumer download speeds. I find that increased multimarket contact leads to decreased download speeds, which is consistent with the mutual forbearance hypothesis. I also find that duopolies lead to faster download speeds than do …

Endogenous Preferences: A Challenge To Constitutional Political Economy's Normative Foundation?, Malte Dold

Pomona Faculty Publications and Research

This paper starts with the observation from behavioral economics that preferences are endogenous, i.e., they are unstable, context-dependent, and open to processes of adaptation. It then asks whether welfare analysis and normative economics are still possible in a world populated by people with endogenous preferences. In particular, it looks at recent proposals by Viktor Vanberg and Carl Christian von Weizsacker. In highlighting an institutional perspective, both can be seen as proponents of modern ordoliberalism and both claim that their approaches can deal with the issue of endogenous preferences in a more coherent way than approaches that remain within the mind …

Behavioural Normative Economics: Foundations, Approaches And Trends, Malte Dold

Pomona Faculty Publications and Research

This article summarises the theoretical foundations, main approaches and current trends in the field of behavioural normative economics. It identifies bounded rationality and bounded willpower as the two core concepts that have motivated the field. Since the concepts allow for individual preferences to be context-dependent and time-inconsistent, they pose an intricate problem for standard welfare analysis. The article discusses the ways in which two prominent approaches - the preference purification approach and the opportunity approach - have tackled the problem. It argues that shortcomings in each of these approaches motivate an agency-centric perspective. The article presents two concrete policy proposals …

L’Économie Solidaire De Kabylie : Une Perspective Critique, Mohamed-Amokrane Zoreli

Journal of Amazigh Studies

Résumé :

Dans cet article, l’auteur réalise, pour le contexte de la Kabylie, une étude d’ensemble de l’évolution des pratiques d’économie sociale, du modèle originel jusqu’à la période actuelle, en passant par les différentes phases de colonisation puis d’indépendance. L’objectif est triple. Voir d’abord quels sont les ressorts, les mécanismes et les finalités des solidarités locales originelles et comment elles se mobilisent pour répondre à des besoins socio-économiques et politiques. Voir ensuite comment l’Etat-nation et la mondialisation ont impacté dans le temps long ces solidarités locales, en les démobilisant et immobilisant par différents moyens, juridiques, économiques et politiques. Voir enfin …

Heaven? Is It Worth It?: The Effect Of Belief On Religious Participation And Signaling, Claudia R. Chin

Scripps Senior Theses

Religion has long been a subject that baffles economists because of its seemingly inefficient requirements. It is hard to get one's mind around why an individual would be willing to give up secular commodities for religion, or face the strict entry costs and stigma society associates with the religion. Although many reasons have been suggested, the most widely accepted solution to why we engage in these behaviors is Religious Signaling Theory (RST). RST argues that people engage in these ineffective costs as a way to signal their commitment to the religion, and religions were utilized by society to enforce these …

Neo-Whorfian Examination Of Cross-Linguistic Temporal Discounting Behavior, Piper Connelly

Scripps Senior Theses

This study examines differences in temporal discounting tendencies in German and French participants (recruited through Amazon Mechanical Turk) through the lens of Neo-Whorfian cognition and the Linguistic Savings Hypothesis (Chen 2013). The LSH proposes that tendencies towards future-oriented economic decisions can be cognitively explained by literal morphosyntactic conventions of one’s native language. Our experiments (sooner-smaller/larger-later choices, endowment-investment task) failed to produce results aligning with the LSH, but uncovered the importance of controlling for risk appetite when specifically investigating intertemporal choice. There are several fruitful improvements to consider for the future, such as stricter sampling, taking richer detail of time preferences, …

Counties As Catalysts For Change_ Exploring The Economic Costs Of Child Maltreatment Through Its Connection To Incarceration, Kayla Solomon

Scripps Senior Theses

This study posits the question, what is the relationship between child maltreatment and adult incarceration at the county-level, and how can we utilize an understanding of it to inform child welfare strategies? Child maltreatment is a public health crisis and an obstacle to the United States Economy. Inspired by my high school capstone project on the connection between the foster care and criminal justice systems, I entered this project hoping to add to the myriad of literature that influences child welfare policy throughout California and the broader United States. This project serves to culminate my college career and exemplifies my …

The Impact Of Development Aid On Human Development, Lauren Candia Shaffer

CGU Theses & Dissertations

This dissertation examines the relationship between development aid and human development in recipient countries. The primary function of this research is to determine which types of aid are most effective in improving human development. To accomplish this goal, I use a fixed effects regression analysis to examine the following aid types in individual chapters of the dissertation: Total Aid, Donor-specific aid, Sectoral Aid, Conditional Aid, and aid flowing from Multilateral, Bilateral, and Private sources. This analysis produced mixed results, indicating that some types of aid have a positive and significant impact on human development, some have a negative and significant …

Capital Controls And Banking Crises In Emerging Markets, Xizhen Huang

CGU Theses & Dissertations

There is limited research studying the relationship between capital controls and banking crises and the existing research has mixed results. We argue that the results may depend on the measurement of capital controls. Previous research used a broad index of capital controls, but this may lead to imprecise results due to their inability to account for the possible differences in the effects of different types of capital controls and capital flows. We also argue that the relationship may depend on political and institutional factors, such as institutional quality and other economic policies like macroprudential policies and exchange rate regimes. In …

Uncovering The Effects Of The Freedman's Bank Failure On Personal Property: An Analysis Of Newly Obtained Data From Kentucky And Georgia, Hannah Fowler

Scripps Senior Theses

The Freedman's Savings and Trust Company (the Freedman’s Bank), collapsed in 1874, resulting in the loss of savings for many African American depositors. This study uses a difference-in-difference analysis to investigate the impact of the closure of the Freedman's Bank on the economic well-being of African American taxpayers in Georgia and Kentucky during the Reconstruction era. The analysis did not identify a statistically significant treatment effect; however, it highlights the potential of previously unused archival data sources for future research. The study also draws attention to the need for more comprehensive and rigorous research in this area, in order to …

The Evolution Of Efficiency In The Chinese Stock Market, Qiyun Li

CGU Theses & Dissertations

This dissertation examines the weak-form efficiency of the Chinese stock market and provides evidence on how the market efficiency evolved throughout the last three decades. The Shanghai Composite Index (SSEC) and the Shenzhen Component Index (SZSE) are the primary indicators of the Chinese stock market in this study. Both traditional economics and the complex systems’ methods are employed to evaluate market efficiency, with an additional focus on the effect of two parameter inputs (embedded dimension and noise filter) on entropy methods to improve their ability to detect phase transitions in stock market data. The traditional efficiency tests indicate that the …

Parenting: An Economic Analysis, Benjamin J. Smith

CGU Theses & Dissertations

Policies like universal preschool and The American Families Plan have brought attention to the need to invest in child development. Research has shown that such investments, when evaluated over the long run, provide large rates of return not just to families but to society. However, the effect of policies directed at children ultimately depends on the way parents respond to these policies. Therefore, in order to design policies effectively, the complex nature of parenting must be considered. In this dissertation, I analyze the impact of parental behavior and traits on child outcomes as well as the influences of specific parental …

The Role Of Mediators In The Relationship Between Export Diversification And Economic Development, Hajer Abdulla Basodan

CGU Theses & Dissertations

As the global economy has become interconnected, international trade has become a common medium for developing and developed countries to interact. However, there is a gap in the scholarly literature when considering the effects of export diversification. The goal of this dissertation is to study and identify the relationship between export concentration and economic development in developing countries. Data were collected from the International Monetary Fund World Bank for quantitative analysis. Using mediator analysis and these mediators included export volatility (export instability), net barter (terms of trade), and current account balance (competitiveness). The findings from the quantitative analysis revealed that …

Essays In Behavioral Economics: Lying And Deception, Shanshan Zhang

CGU Theses & Dissertations

The U.S. economy loses hundreds of millions of dollars in tax revenues, wages, and investment dollars, as well as hundreds of thousands of jobs each year due to dishonest behavior (Mazar and Ariely, 2006; Griffin et al., 2022). Thus, understanding dishonest behavior and finding mechanism to effectively reduce dishonest behavior are of great relevance to policy makers and the economy in general. This dissertation studies deceptive behavior and the relevant factors using online experiment, observational data, and field experiment in three chapters, respectively. Chapter 1 studies the effect of interaction with a machine (voicebot) on dishonest reporting. We conducted an …

Optimal Portfolio Construction For Oil-Based Sovereign Wealth Funds, Mohammed Saeed Alshowaikhat

CGU Theses & Dissertations

Chapter 1 of this dissertation delves into the economic challenges faced by oil-exporting countries that rely heavily on a single income source, with a particular focus on Saudi Arabia as a case study. The primary objective is to examine the efforts of Saudi Arabia's sovereign wealth fund in diversifying revenue streams and mitigating risks associated with an excessive dependence on oil. To achieve this, the study proposes an adaptation of the subset-optimization algorithm within the mean-variance model, aiming to enhance portfolio construction in sovereign wealth funds. Chapter 2 of the dissertation conducts a comparative analysis between portfolios constructed using the …

The Effect Of Bureaucracy On The Inflow Of Foreign Direct Investment: A Comparative Study Of Libya And The United Arab Emirates, Abdurraouf Abdussalam Elakder

CGU Theses & Dissertations

Attracting foreign direct investment (FDI) is a determinant factor for developing national economies, and Libya is no exception. However, the bureaucracy in Libya still needs to be improved to help attract foreign direct investment. Therefore, this comparative case study seeks to analyze the effects of bureaucracy on attracting FDI to Libya and the United Arab Emirates, highlighting the bureaucratic barriers embodied mainly in bureaucratic expansion, bureaucratic corruption, and the obstacles of the FDI laws. I argue in favor of eliminating those bureaucratic barriers and improving bureaucratic quality, enhancing the chances of attracting and keeping FDI. The study's standpoint is that …

The Subscription Video-On-Demand Industry – Past, Present, And Future, Emily Anderson

Scripps Senior Theses

In the past few years, we have seen a massive change in television viewing habits. More Americans subscribe to video streaming services than to cable and satellite, and most subscribe to several. While the streaming industry is rapidly growing, it is unclear where the industry is heading, and projections in the literature vary. Using data I collected and aggregated into original data sets, I explore the evidence to uncover patterns and trends. Specifically, I analyze the pricing strategies that select streaming services have used over time. My research focuses on six popular subscription video-on-demand services with similar organizational structures: Netflix, …

Why Have There Been No Rich Women Artists? Examining The Gender Price Discount In The Contemporary Auction Market For Early Twentieth Century Mexican Avant-Garde Art, Lucy P. Bloomstran

Scripps Senior Theses

This paper examines the gender price discount for early twentieth-century Mexican avant-garde art in the contemporary auction market. A premium for art by men is established through the econometric analysis of a dataset of auction transactions taking place at major American and Mexican auction houses between 2000 and 2022. After this price discount for women’s art is established, a deep delve into gender discrimination in the creation and exhibition of Mexican Muralism and Surrealism is presented to provide possible art historical explanations for the results of the regression analysis.

Reality Tv’S Place In The Entertainment Landscape: A Look Into The State Of Contemporary Media Costs, Lila Rose Beckford Hoge

Scripps Senior Theses

Previous literature has confirmed that reality television is less expensive to produce than scripted. This paper investigates both how production costs have developed overall, and how and why they differ between the two genres of scripted and unscripted television. After interviewing professionals in the industry, the results shed light on how the production processes have key differences, perhaps most important being the writer’s presence or lack thereof. The results expose reality television’s function in streaming platforms as retainment content. Streaming platforms are also examined as a catalyst for change in the industry’s landscape, bringing many disruptions along with them. Ad-based …

An Investigation On Wage Penalties: The Effect Of Foreign-Born Status On Employee Wages, Salaries, And Incomes In The United States And Canada, Lucy C. Dustman

Scripps Senior Theses

This paper investigates whether there is a wage penalty that negatively affects foreign-born employees in the United States and Canada, addressing the following two questions: (1) Does being a foreign-born employee result in a wage penalty in the United States and Canada? And if so, (2) How does this penalty differ across the two countries over time? With data collected from the Integrated Public Use Microdata Series (IPUMs), four separate multiple linear regression models are estimated to compare the presence of wage penalties across various industries and occupations. These analyses cover the following comparisons: the United States in 1990 and …

Conspicuous Wellness: How Acquired Identities Affect Conspicuous Consumption, Katherine S. Eu

Scripps Senior Theses

This research provides evidence that individuals will conspicuously consume based on their acquired identities, which parallels similar conclusions drawn for conspicuous consumption based on ascribed identities. Using data from 653 respondents, I found positive marginal effects of the “that girl” wellness identity on product choices, accounting for an individual’s potential higher willingness-to-pay, demographics, and speed of making product choices. I conclude that the more an individual associates themselves with an identity, the higher the likelihood of choosing products which align and signal membership in an identity subculture.

Esg Scores As A Measure Of Risk: The Relationship Between Environmental, Social, And Corporate Governance Ratings And The Financial Performance Of U.S. Oil And Gas Companies, Lauren Kim

Scripps Senior Theses

This study investigates the association between ESG (environmental, social, corporate governance) scores on the financial performance of U.S. oil and gas companies, an industry facing significant ESG-related pressures. ESG scores evaluate a firm’s environmental impacts, social responsibility, and corporate governance practices and can be used as a form of evaluating a firm’s risk mitigation efforts. However, there is not sufficient evidence to conclude that there exists a relationship, positive or negative, between ESG scores and firm performance in this industry. Overall, the findings of this study highlight the growing interest in ESG investing and is useful for investors and firms …

Factors That Enable Or Hinder The Transition Of Some Gulf Cooperation Council (Gcc) Countries To Green Energy, Verkine Keukpanossian

CGU Theses & Dissertations

Gulf Cooperation Council (GCC) countries continue to play a strategic role in the global energy system. They account for a fifth of the global oil production and enjoy relatively high GDP per Capita, and their economies heavily rely on oil-producing and exporting at a time when the West is pushing towards net-zero, low-carbon emissions by 2050. This study focuses on the energy sector and takes a transdisciplinary look at Qatar, Saudi Arabia, and the United Arab Emirates (UAE) and tries to understand how these rentier monarchies that have built a solid global comparative advantage in producing and exporting oil and …

The Scope For Monetary Autonomy In Hong Kong And Singapore, Shan Xue

CGU Theses & Dissertations

The monetary trilemma autonomy has been at the heart of a great deal of international monetary analysis. It implies that countries with fixed exchange rates and no capital controls will lose monetary autonomy. What is often not recognized, however, is that the trilemma need not hold in the short run. If capital mobility is less than perfect, then countries can sterilize reserve flows and maintain a degree of monetary autonomy in the short run. Hong Kong is a natural case to test this possibility since it has a credibly fixed exchange rate against the dollar and no major capital controls. …

A Comparative Analysis Of 14 Central Banks’ Monetary Responses Before And After The Covid-19 Pandemic In Relation To Central Bank Independence, Emelle Stottele

CMC Senior Theses

In theory, during periods of economic downturn, economic policy should follow a countercyclical pattern. In this light, following the recent COVID-19 pandemic, monetary policy is expected to be contractionary. However, prior research shows that the cyclical nature of monetary policy can vary significantly across different countries. Research also suggests that these monetary responses differ based on the level of independence a central bank has for decision-making from government influence. This thesis studies the effects of the COVID-19 pandemic on the monetary responses across a panel of 14 countries from January 2018 to August 2022, capturing the impacts of the pandemic. …

Finding Answers In Gaps: The Relationship Between Drugs And Mexico's Economy, Mariela Centeno

CMC Senior Theses

This paper sets out to understand the economic conditions that paved the way for the evolution and resilience of a powerful and resilient drug economy in Mexico. To do this, I examine the relationship between a proxy for drug movement from Mexico and large economic variables in the country. I use a dataset that incorporates the drug seizures from 1997 to 2022 to understand whether privatization and the resulting rising economic inequalities in Mexico paved the way for a growing drug economy. This paper builds on current literature regarding drug market estimates and drug economy interactions. Using an OLS regression …

Who Votes And Why: Economic And Psychological Predictors Of Political Participation, Rhea Malhotra

Scripps Senior Theses

At the centre of democracy lies the right to vote. The United States of America is considered to be an emblem of democracy, so voting is naturally a topic of discourse in colloquial spheres especially given the long fight for equal voting access. In general, voting is a way for citizens to advocate their needs, interact with contemporary society, and prove their affiliation with their country. That being said, the individual reasons to vote differ from citizen to citizen, but patterns may still exist which is why it is important to explore which variables can predict voting outcomes. By doing …

Boom And Bust: Job Churn In The Technology Industry In The Covid-19 Pandemic Era, Aliza Mayer

Scripps Senior Theses

Layoffs in the technology sector since 2021 have dominated news cycles and raised concern amongst everyone, from investors to employees. However, there is limited literature regarding the reasoning behind these layoffs and whether they really are as concerning and dramatic as our modern-day news has expressed. In this paper, I examined the historical trends of employment and contributing factors and discerned that the current wave of layoffs has occurred for a few reasons. In the past, the technology sector has been very strategic with hiring and only does so when revenue permits. However, during the pandemic, the technology sector became …

A Comparative Study On How Governments And Outside Entities Responded To Natural Disasters: Haiti 2010, Ecuador 2016, And Japan 2011 Earthquakes, Cindy Burga-Romero

CMC Senior Theses

With the world becoming more susceptible to natural disasters on account of climate change, it is important to better see and understand the relationship between a country’s economic and political stability to its ability to provide resources and take care of their people and their institutions. This paper looks at 3 earthquake events in the 21st century that have had large disastrous impacts on the country’s infrastructure, economy, and livelihood of people. The events that occurred in Haiti in 2010, in Ecuador in 2016, and in Japan in 2011 have all had major negative impacts on the vastly different countries. …

Balancing Trade And Security During The Us-China Trade War: A Gravity Model Approach To South Korea’S Relations With The United States And China, Nathalie Chavez

CMC Senior Theses

In analyzing monthly trade and gross domestic product (GDP) data for South Korea, China, and the United States from January 2016 to December 2019, this paper attempts to quantify the effects of the US-China Trade War on Korea’s security and economic considerations. By using a three-country gravity model with both monthly and HS Code (harmonized system) fixed effects, it finds the following. First, increases in both real GDP for the United States and China, as well as real GDP for Korea, are positively associated with increases in Korean exports at statistically significant levels. Thus, the general predictions of the gravity …