Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Economics

University of Richmond

Honors Theses

Theses/Dissertations

2010

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Aid Effectiveness In Sub-Saharan Africa And South And Southeast Asia : An Analysis Of Substantive Measures Of Development, Brooke Christofferson Apr 2010

Aid Effectiveness In Sub-Saharan Africa And South And Southeast Asia : An Analysis Of Substantive Measures Of Development, Brooke Christofferson

Honors Theses

Recently, aid effectiveness has become a popular topic in the literature. Generally, it is measured by instrumental measures of well-being, specifically, GDP per capita. This paper uses a substantive approach, pioneered by Amartya Sen, to evaluate aid effectiveness. Substantive measures attempt to measure welfare directly. Specifically, I use infrastructure as measured by telephone lines per 100 people, life expectancy, economic diversification as measured by agriculture as a percentage of GDP, and education as measured by enrollment in primary school, as substantive measures of well- being. I find that aid is not allocated based on substantive need in the regions of …


Selection Of Risk And Effort Levels Among Low-Stakes Players : A Case Study In Online Poker, Justin Weiss Apr 2010

Selection Of Risk And Effort Levels Among Low-Stakes Players : A Case Study In Online Poker, Justin Weiss

Honors Theses

Firms pay workers using a variety of different pay structures. The structure that governs executive pay in many instances is a tournament pay structure. This paper examines the applicability of a tournament pay structure to lower wage workers by examining the effort and risk responses of players to tournament incentives and the role these responses play in determining the tournament’s outcome. Players from 19 different tournaments are observed on a hand by hand basis. It is found that players adjust effort and risk taking levels but only in response to certain incentives. This study finds evidence that tournaments are a …