Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Institution
Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
The Efficient-Market Hypothesis During A Recession, Jill Marie Williams
The Efficient-Market Hypothesis During A Recession, Jill Marie Williams
Undergraduate Honors Capstone Projects
The phrase, "A Random Walk Down Wall Street" may make a portfolio manager shudder. I first learned about this theory while reading a book of the same name by Burton G. Malkiel. I saw the last four years crashing down around me as I read about the competition I would be facing upon graduation–a blindfolded chimpanzee.
The random walk theorizes that the stock market is so efficient that a blindfolded chimpanzee can throw darts at the Wall Street Journal to select a portfolio of stocks that will perform equally as well as those managed by the experts. Unfortunately for the …
Marital Happiness And Family Economics, Bryan Eldon Engelhardt
Marital Happiness And Family Economics, Bryan Eldon Engelhardt
Honors Papers
Economics has long been the study of maximizing production, minimizing cost, and analyzing distributions, but it was not until recently that the field of economics added the social institution of the family and subjective well being to its list. What is being expounded upon within this discussion is how marital happiness affects family economics. The question begins with how marriage affects the basic micro model of economics: utility, and in turn how marital happiness affects economic decisions made by the family, such as the amount of leisure and goods to consume.
Economic issues already analyzed within the family include joint …