Social and Behavioral Sciences Commons^™

The Strategy Of Metallgesellschaft: A Sophisticated Catallactic Analysis, Janette Goodridge

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

In the fall of 1993, German company Metallgesellschaft, Ag experienced a loss of over one billion dollars. This loss resulted from its hedging strategy, and was one of the largest losses of its kind at the time. Naturally this raised interest regarding what caused these huge losses, and called into question the events and circumstances surrounding and leading up to this disaster. There are two basic schools of thought regarding Metallgesellschaft's strategy. The first is that it was a good strategy and had the potential to be successful and profitable. The other is that its strategy was risky and speculative. …

The Gambler's Edge - A Theoretical Framework To Trading Securities, Matthew Haines

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Like gamblers, retail investors seeking excess returns in financial markets are prone to miscalculation and their models are often misspeciffied. Forecasting asset prices is extremely difficult in the long run and nearly infeasible in the short run. Additionally, retail investors are likely to be at a disadvantage both technologically and informationally—rarely will they be ahead of the curve. With these disadvantages and the difficulty of predicting future outcomes, retail investors may come to view prices as unpredictable and random in nature, like a roll of the dice. This theoretical research explores a possible investing methodology (derived from gambling principles) should …

Implicit Cost Of Retaliatory Tariffs By Mexico On U.S. Cheese Export, Pengyan Sun

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Mexico imposed retaliatory tariffs on U.S. cheeses ranging from 20 to 25 percent in July 2018. In order to provide valuable information for the government and farmers, my research estimated the implicit cost of retaliatory tariffs by Mexico on U.S. cheese exports. In particular, I estimate the difference between the forecasted value of cheese exported to Mexico and the actual value of cheese exported to Mexico using four different models. The total impact to the U.S. economy from the losses due to retaliatory tariffs was assessed by IMPLAN, an input/output model. The results showed that Mexican tariffs decreased U.S. industry …

Regional Economic Contribution Of Crop Insurance Indemnity Payment In The U.S., Hwangwon Lee

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The Federal Crop Insurance Program (FCIP) has played a pivotal role in agricultural businesses and communities. The FCIP allows farmers to purchase farm and farm-related products and services, maintain heavy agricultural machinery, and utilize farm agency services for preparing for farming in the following agricultural years. In addition, the indemnities enable farmers to repay debts, alleviate farm collapses, and keep farm industries purchasing agricultural-related products and the necessary goods for everyday living, stabilizing the local and farming economies (Lubben & Thompson, 2013).

This study investigates the economic contribution of crop indemnity payments using a methodology that will capture the total …

Changes In Voting Behavior Along Partisan Lines Due To Extreme Weather Events Linked To Climate Change, Daniel Brinkerhoff

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This paper investigates the relationship between extreme weather events linked to climate change and partisan voting behavior. Looking at House of Representative and Senate elections in the US between 2000-2018 and comparing them to extreme damages from droughts, flooding, tropical cyclones, and fire. Ultimately, we do not find a stable relationship between weather damages and partisan voting behavior.