Social and Behavioral Sciences Commons^™

Introduction To Economics (Single-Semester): Oer Course Packet, David Owens

Economics Faculty Scholarship

This packet describes the structure of a single-semester introductory economics course with no prerequisites that uses no calculus. The content is primarily constituted of open educational resources (OER). The packet is organized as a 13-week, 26-lecture semester, with problem sets due at the end of each week, midterm exams after lectures 8 and 18, and a final exam at the end of the semester. The included materials correspond to an introductory course taught by the author at Haverford College in the Fall semester of 2020. Instructors may use all or any portion of the included materials that may help them …

(Wp 2021-01) Counterfactual Thinking And Attribute Substitution In Economic Behavior, John B. Davis, Theodore Koutsobinas

Economics Working Papers

This paper discusses how counterfactual thinking can be incorporated into behavioral economics by relating it to a type of attribution substitution involved in choices people make in conditions of Knightian uncertainty. It draws on Byrne’s ‘rational imagination’ account of counterfactual thinking, evidence from cognitive science regarding the forms it takes, and identifies types of attribution substitution specific to economic behavior. This approach, which elucidates the reflective stage of causal reasoning, is relevant for the explanation of hypothetical causal rules suitable for diverse tasks such as planning, expectations and mental simulations and for behavioural change interventions, which take into account people’s …

Socioeconomic And Other Dynamics In The Geographical Distribution Of Success In The English F.A. Cup, Edward Genereux

All Graduate Theses, Dissertations, and Other Capstone Projects

The F.A. Cup, which is England’s primary football (soccer) knockout competition, is the world’s oldest competition in the sport, but no comprehensive study into factors that correlate with success has been undertaken. The purpose of the present thesis is to fill this void by assessing the strength of the nine regions of England, as well as the collective strength of non-English clubs in the competition. The coefficent formula used by the Union of European Football Associations (UEFA) for ranking member associations is utilized in a form adapted for the generally single-legged nature of the F.A. Cup. The figures ascertained are …

A Joint Estimation Of Pheasant Hunting Parameters, Rama Khadka

Electronic Theses and Dissertations

The decreasing pheasant population from 2008 to 2019 across South Dakota is a concern as it may lead to decreased hunting activity and consequently reduced economic activity. Past studies have shown that changes in the landscape (e.g., from changing agricultural practices) is a major factor responsible for decreasing the bird population. However, these studies lack a clear understanding of how the fluctuating crop mixes impact the pheasant population together with harvest volume. The goal of this study was to analyze the pheasant population and the quantity of harvested birds during 2008 to 2019 in South Dakota to understand how variations …

Exploring The Determinants Of Aspects Of Rotational Grazing In The U.S. Great Plains, Iftekhar Uddin Ahmed Chowdhury

Electronic Theses and Dissertations

Pasture and rangeland make up about 45 percent of the agricultural land in the U.S. Great Plains and one of the most common form of mismanagement of this pasture is overgrazing. Which results in many detrimental effects on environment. Many practitioners endorsed Rotational grazing (RG) as an improved grazing management practice over season-long continuous grazing. The overall goal of the current study is to assess the certain aspects of using RG in the U.S. Great Plains. Using mail survey data of the of 874 beef cattle producers of North Dakota, South Dakota, and Texas, the study found that neighborhood practice, …

Are Us Government Foreign Aid Flows And Fdi Flows Intertemporally Related? An Investigation Of Twenty-Three Countries In Sub-Saharan Africa, Ravi Kumar Datt Panchagnula

Electronic Theses and Dissertations

In this thesis, I test my central hypothesis that United States government foreign aid flows and FDI flows from anywhere in the world to Sub-Saharan Africa are intertemporally related; thus, I test to what extent FDI flows follow—and, thus, are caused by—aid flows or to what extent aid flows follow—and, thus, are caused by—FDI flows. My panel dataset includes twenty-three Sub-Saharan countries and spans 1991 to 2018. Based on the results of pooled-OLS and panel fixed-effects regressions, and panel Granger causality tests, I show that aid and FDI are intertemporally related. Additionally, Granger-causality is bidirectional: FDI Granger-causes United States government …

U.S. Consumers' Acceptance And Willingness To Pay For Genetically Modified And Genome-Edited Foods, Bindu Paudel

Electronic Theses and Dissertations

Even though genetically modified (GM) crops have a lot of economic potential for producers and consumers, they have not been widely accepted due to increasing concerns related to food safety, human, animal, and environmental health. Unlike GM technology, genome-editing technology does not involve the transfer of genetic materials. It is simpler, cheaper, more precise, and faster relative to GM technology and has immense potential for incorporating producer and consumer traits. Genome-editing technology, as a novel process, not has been explored much from the consumer’s side. This study uses a nationally representative survey of 1,573 U.S. consumers to examine their acceptance …

Protecting Life And Lung: Protected Areas Affect Fine Particulate Matter And Respiratory Hospitalizations In The Brazilian Amazon Biome., Derek Michael Sheehan

Graduate Student Theses, Dissertations, & Professional Papers

I assessed the impacts of upwind protected area coverage on local respiratory health within the Brazilian Amazon. A hypothesized mechanism is the legal prohibition of human ignited fires within protected areas, reducing particulate matter pollution, impacting respiratory health downwind. The connection between fires and respiratory diseases in the Amazon is well established (Smith et al. 2014; Rangel and Vogl 2019; Rocha and Sant’anna 2020). What is not well understood is the potential that government policies aimed at preventing ecosystem loss may also promote health and wellbeing, combining the UN sustainable development goals 3 and 15. Protected areas currently dominate government …

In-Flux: Economic And Community Adaptations Of Former Timber Mill-Towns In The American West, Cherilyn P. Ashmead

Cal Poly Humboldt theses and projects

Once built around natural resource extractive industries, rural communities’ economies are changing as the United States is transitioning away from its industrial past. While much research has focused on rural economic shifts from natural resource production toward amenity-driven economies (Morzillo et al., 2015; Winkler et al, 2007), less research has explored the economic and demographic trends in areas pursuing new modes of production. This two-part study focuses on an understudied region with historic ties to timber in dry mixed-conifer forests, much of which are under federal land management. With few natural amenity draws, the region has largely maintained production-based sectors. …

Playing At The Crossroads Of Religion And Law: Historical Milieu, Context And Curriculum Hooks In Lost & Found, Owen Gottlieb

Articles

This chapter presents the use of Lost & Found – a purpose-built tabletop to mobile game series – to teach medieval religious legal systems. The series aims to broaden the discourse around religious legal systems and to counter popular depiction of these systems which often promote prejudice and misnomers. A central element is the importance of contextualizing religion in period and locale. The Lost & Found series uses period accurate depictions of material culture to set the stage for play around relevant topics – specifically how the law promoted collaboration and sustainable governance practices in Fustat (Old Cairo) in twelfth-century …

A Practical Proactive Proposal For Dealing With Attrition: Alternative Approaches And An Empirical Example, John Dinardo, Jordan Matsudaira, Justin Mccrary, Lisa Sanbonmatsu

Faculty Scholarship

Survey nonresponse and attrition undermine the validity of many and possibly most econometric estimates. We propose that survey administrators and evaluators proactively create an instrument for observation, for example, by ex ante randomizing participants to differing intensity of follow-up. We illustrate how to apply our proposed methodology using a carefully conducted randomized controlled trial, the Moving to Opportunity demonstration project, which de facto randomly assigned a subset of subjects to more intensive follow-up. The approach yields treatment effect estimates similar to the unbiased estimator based on complete administrative data and has narrower confidence intervals than alternative bounding approaches.

Theorizing Beyond "The Code Of Capital": A Reply, Katharina Pistor

Faculty Scholarship

In this reply, I respond to and elaborate on the critique of my book “The Code of Capital” published in this special issue. The common thread of the critiques is the call for more theorizing of the themes the book addresses, especially the conception of state power, of resources, social relations and questions of knowledge and access to knowledge about the law, or epistemology. This reply is only a first response to issues that do require further analysis and I am hoping to follow suit on at least some of them in the near future.

The Code Of Capital: How The Law Creates Wealth And Inequality – Core Themes, Katharina Pistor

Faculty Scholarship

In this brief introduction, I summarize the core themes of my book “The Code of Capital: How the Law Creates Wealth and Inequality”. Capital, I argue, is coded in law – predominantly in a handful of private law institutions. By relying on legal coding techniques, asset holders invoke the right to enforce claims against others, if necessary with the help of the state’s coercive power.

Benefit-Cost Analysis Of Covid-19 Policy Intervention At The State And National Level, James L. Doti

Economics Faculty Articles and Research

This study analyzes the benefits of statewide policy intervention in reducing COVID-19 deaths and the costs of that intervention in lost jobs and lower real gross state product (RGSP). Policy interventions are measured by the Oxford stringency index which places a daily numerical value on the level of a state’s policy intervention.

Empirical evidence is provided that shows policy interventions have reduced COVID-19 deaths by 375,000 lives in 2020. On the cost side, it was found that policy intervention resulted in a loss of 7.3 million jobs and a decline of $410 billion in RGSP.

The study concludes by integrating …

Culture, Institutions & The Long Divergence, Alberto Bisin, Jared Rubin, Avner Seror, Thierry Verdier

ESI Working Papers

During the medieval and early modern periods the Middle East lost its economic advantage relative to the West. Recent explanations of this historical phenomenon— called the Long Divergence—focus on these regions’ distinct political economy choices regarding religious legitimacy and limited governance. We study these features in a political economy model of the interactions between rulers, secular and clerical elites, and civil society. The model induces a joint evolution of culture and political institutions converging to one of two distinct stationary states: a religious and a secular regime. We then map qualitatively parameters and initial conditions characterizing the West and …

A Simple Measure Of Economic Complexity, Sabiou M. Inoua

ESI Working Papers

Contrary to conventional economic growth theory, which reduces a country’s output to one aggregate variable (GDP), product diversity is central to economic development, as recent, “economic complexity”, research suggests. A country’s product diversity reflects its diversity of knowhow or “capabilities”. Researchers proposed the Economic Complexity Index (ECI) and the country Fitness index to estimate a country’s number of capabilities from international export data; these measures predict economic growth better than conventional variables such as human capital. This paper offers a simpler measure of a country’s knowhow, Log Product Diversity (or LPD, the logarithm of a country’s number of products), which …

Differences In Cognitive Reflection Mediate Gender Differences In Social Preferences, Antonio M. Espín, Valerio Capraro, Brice Corgnet, Simon Gächter, Roberto Hernán-González, Praveen Kujal, Stephen Rassenti

ESI Working Papers

Previous studies have shown that women tend to be more egalitarian and less self-interested than men whereas men tend to be more concerned with social efficiency motives. The roots of such differences, however, remain unknown. Since different cognitive styles have also been associated with different distributional social preferences, we hypothesise that gender differences in social preferences can be partially explained by differences in cognitive styles (i.e., women rely more on intuition whereas men are more reflective). We test this hypothesis meta-analytically using data from seven studies conducted in four countries (USA, Spain, India, and UK; n=6,910) where cognitive reflection and …

Gold Mining Districts And Path Dependence, Jason T. Dunn

Honors Theses

This paper applies quantitative spatial analysis to the long-term impact of Western gold rushes, studying the effect of 19th century US mineral districts on modern (2010) population density, as a proxy for long-term economic growth. OLS regression estimates show positive effects for areas adjacent to historic mining districts. Census tracts within 15 miles of a mineral district but not containing one are 29.8% more dense than other tracts. Additionally, capital-intensive/large-scale mining was more persistent than labor-intensive/small-scale methods, and path dependence is achieved mainly through agglomeration. This research corroborates historical arguments focusing on the development of Western infrastructure for long term …

Social Capital Unmasced: The Role Of Social Capital In State-Level Economic Growth, Meredith H. Allen

Honors Theses

While the examination of social capital in social science research has expanded since the 1990s, little is known about its development over time or contributions to economic growth, particularly at the community level. I create a state-level index of social capital from 2008 to 2019 to analyze its evolution across the United States since the Great Recession. After analyzing the different rates of social capital improvement across the country, I then integrate the index in the production function and a growth accounting framework alongside capital and labor. I find that social capital is not only significant as a factor of …

Ethnicity And Education: College Attendance Patterns Among Early 20th-Century Maine's Immigrant Community, Jacob M. Nash

Honors Theses

I examine the college attendance patterns of second-generation Russian-Jewish immigrants in Maine in the early 20^th century relative to other ethnic groups using individual-level Census records. I employ the Abramitzky, Boustan, and Eriksson (ABE) algorithm to track second-generation Jewish, Italian, French Canadian, English Canadian and European immigrants from the 1910 Census to the 1940 Census. My logistic regression analysis indicates that second-generation Jewish immigrants in Maine attended college at significantly higher rates than their peers of similar background in every other ethnic group. While I cannot evaluate them, I also discuss potential explanations for the disparity in college attendance …

‘The Robinhood Effect’ - Digital Technology In Global Financial Markets And Its Effects On Investor Decision Making, Ben Steib

Honors Theses

We are currently experiencing a revolution that is larger, arguably, than the industrial revolution, it’s the Internet, also known as the World Wide Web. The Internet has transformed how we live — how we talk, how we work, how we go about our daily business, and how we manage our finances on a global and individual level. In the late 1990s, an investor would search the World Wide Web and, within seconds, find 3,372 websites with the term "investment,” today, the same search for “investment” yields 1,860,000,000 results. Today, as proven with GameStop and other popular ‘meme stocks,’ social media, …

The Predictive Power Of The Term Structure Under Unconventional Monetary Policies, Luying Yang

Honors Theses

Previous research has confirmed a positive relationship between the slope of the yield spread and future economic growth. Since the start of the Great Recession, a number of developed economies have hit the zero lower bound and adopted unconventional monetary policies such as large-scale bond/asset purchase programs and negative interest rate policies. This paper finds that the yield spread’s predictive power generally deteriorates after the central bank adopts its first bond purchase program. However, there is no general pattern of how these unconventional monetary policies impact the yield spread’s forecasting ability across countries.

Cost-Effectiveness Analysis Of Managed Care For Osteoporotic Hip Fractures, Benchaporn Kotnarin

Chulalongkorn University Theses and Dissertations (Chula ETD)

Osteoporotic fracture patients are still unidentified, untreated for osteoporosis. This group of patients is likely to have recurrent fractures and has more morbidity, these problems put a burden on the high cost of taking care of patients and poor clinical outcomes. The intervention for improving the quality of osteoporosis treatment, King Chulalongkorn Memorial Hospital (KCMH) calls “Managed care”. Managed care has an orthopedist who plays a crucial role in fragility fracture and long-term osteoporosis treatment. The purpose of this study is to access the cost-effectiveness of managed care for patients aged 50 years and over with osteoporotic hip fractures compared …

The Marketing Factors That Have An Influence On Momo-Paradise’S Customer Loyalty In Bangkok Metropolitan Area, Apiporn Buachart

Chulalongkorn University Theses and Dissertations (Chula ETD)

Momo-paradise, one of the most profitable shabu-shabu buffet types of restaurants in Thailand has gained brand love phenomenon even when the buffet prices have adjusted to increase since 2021. Therefore, this paper aims to study the effects of marketing factors that affect the retention of Momo-paradise’s loyal customers in the Bangkok area. The independent variables are categorized into two groups: namely marketing and demographic factors. The marketing factors include product quality, price perception, promotion, service quality, brand image, and physical environment. The demographic factors include age, gender, status, education level, income level, and occupation. The dependent variable is loyalty intention. …

A Market Strategy Analysis Of Luckin Coffee, Yuqing Huang

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper takes Luckin Coffee as the research object. The relevant background of China's freshly ground coffee market was introduced, and it was determined that the market still has a huge space for development. Then, collect a lot of official information to summarize Luckin Coffee's marketing strategy. Through relevant analysis, this paper finds that the market environment of Luckin coffee company is relatively healthy, which is more conducive to its development. And because of Luckin's entry into the freshly ground coffee market, the entry barrier has also been raised. However, Luckin Coffee still faces fierce competition in the substitute industry, …

Financial Risk Warning Of Listed Real Estate Companies In China, Huimin Zhou

Chulalongkorn University Theses and Dissertations (Chula ETD)

The main methods of this analysis include principal component analysis and binary logistic regression, and the essence of the study is to predict and find out which financial factors will lead to the financial and credit risks of real estate companies. This paper examines the real estate companies listed on the main board of China in the A-share market, and the financial data analysis period is from 2014 to 2020. Through empirical analysis, it can be found that cash profit rate, sales profit rate, sales cash rate and operating profit rate have the greatest impact on the accuracy of financial …

Assessing The Access: The Significance Of Internet Penetration On Economic Output In Thailand, Anan Vichitanan

Chulalongkorn University Theses and Dissertations (Chula ETD)

The COVID-19 pandemic and the digitalization of industries have emphasized the importance of Internet access in Thailand. Thai households that could not access the Internet during the COVID-19 pandemic were left behind in both education and employment. The digital divide has never become any more apparent during this moment. As such it is important to study how the Internet penetration rate, the proportion of Internet users relative to the entire population, across Thai provinces affects their economic output through productivity. The effects of the rate of Internet penetration on the growth of Gross Provincial Product will be studied. Other factors …

Factors Affecting Airline Decision To Join Alliance: Evidence Of Global Full-Service Carriers (Fscs), Thikhamporn Benyaapikul

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper illustrates the determinants of airlines’ decision to join global alliances. The author adopted various models and compared a variety of literature reviews to find out supporting ideas of the advantages of forming cooperative alliances. The result shows that airlines with several passengers’ volumes and full-service airlines lead to the participation between airlines with five beneficial emphases – reduction of utility cost, driving growth opportunities through globalization, strengthening market position, improvement of service quality, and enhancing passengers’ loyalty. These all present competitive advantages compared to non-airline alliances. Most collaborations have been joined by international airlines, however, some airline alliances …

The Relationship Between Growth Rate And Outward Foreign Dierct Investment Of Thailand, Chonlakorn Kliakaew

Chulalongkorn University Theses and Dissertations (Chula ETD)

This paper determines whether there is a relationship between the growth rate in Thailand and outward foreign direct investment from ASEAN and Europe. The variables that have been adopted are outward foreign investment in ASEAN, outward foreign investment in Europe, foreign direct investment, and gross fixed capital formation, all of which have been measured using time series data from Quarter 1 in 2005 to Quarter 3 in 2021. The two-stage least squares model was employed in this investigation. The main findings are the outward foreign direct investment from ASEAN has a relationship with GDP and it also has an effect …

An Empirical Analysis Of Poverty And Income Inequality In U.S. Southeastern States, Maria Del Carmen Tellez

Masters Theses

This paper analyzes the impacts of education achievement, percentage of households led by a single parent, the percentage of minority population, per capita personal income, percentage of population over 65 years old, and minimum wage on income inequality in 9 southeastern states of the United States, as well as the effects of these variables on poverty, measured as the percentage of the population below poverty level. These southeastern states are Alabama, Arkansas, Georgia, Florida, Louisiana, Mississippi, Oklahoma, Tennessee, and South Carolina. The period of time used for this analysis is from 2000 to 2019. Panel data was used for this …