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Economics

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Independence

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Grafting Democracy: British Policy In The Burma Independence Process, Kylan Rutherford Jul 2018

Grafting Democracy: British Policy In The Burma Independence Process, Kylan Rutherford

Undergraduate Honors Theses

This thesis investigates—through a case study of the independence process in Burma—what, if any, specific policies the British established and followed in granting independence to their former colonies. The author investigates the development of institutions in the first Burma constitution through primary source documents. Statements of policy found indicate that the British strove to create a policy of protection and representation of minorities, encouragement of democracy mirroring Western constitutions, and a desire to establish stability in the region and preserve self-interests. Documents indicate a large disparity between policy and practice. The author concludes that this disparity is caused primarily by …


Preference Reversal And The Independence Axiom, Dan Adelman Jan 1992

Preference Reversal And The Independence Axiom, Dan Adelman

Honors Papers

In his article "Dynamic Consistency and Non-Expected Utility Models of Choice Under Uncertainty," (Journal of Economic Literature, Dec. 1989), Mark Machina asserted that preference reversal (PR) is caused by a violation of the independence axiom. Amos Tversky, Paul Slovic, and Daniel Kahneman submit, however, that "Observed preference reversal ... cannot be adequately explained by violations of independence...." This paper tests these claims by breaking the independence axiom into its two component parts: mixture and replacement separability.