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Social and Behavioral Sciences Commons™
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Articles 1 - 5 of 5
Full-Text Articles in Social and Behavioral Sciences
Prediction Of Individual Income: A Machine Learning Approach, Michael Matkowski
Prediction Of Individual Income: A Machine Learning Approach, Michael Matkowski
Honors Projects in Economics
The use of machine learning models to improve prediction problems and handle increasingly large datasets is a rising trend in economics. Prediction plays a particularly important role in applied economics because it provides critical insights to assess market outcomes. This study builds on previous literature to showcase the relative power of these modelling methodologies in economics through the prediction of income. This research utilizes data from the Current Population Survey from 2017 – 2020, containing 467,811 observations and 264 variables. 2017-2018 data served as training data for the models and 2019-2020 served as data for the two testing sets. The …
Weather Variability And The Tourism Industry: A Panel Data Analysis, Carmela Coppola
Weather Variability And The Tourism Industry: A Panel Data Analysis, Carmela Coppola
Honors Projects in Economics
Increasing weather variability around the world has led to many researchers examining the impacts of weather variability on vulnerable industries. For example, the tourism industry can make up a large portion of an economy’s growth, with some of the most dependent countries relying on tourism for over 40% of GDP (World Travel & Tourism Council 2014). In an attempt to better understand the relationship between weather variability and the tourism industry at the country level, this study employs a series of fixed effects panel regression models to analyze the impact of rainfall and temperature on tourism levels and growth rates …
Does Academic Performance Predict Workplace Productivity?, Jodie-Gaye Hunter
Does Academic Performance Predict Workplace Productivity?, Jodie-Gaye Hunter
Honors Projects in Economics
This research examines if college GPA affects productivity and compensation in the workplace. It uses data collected from a survey of approximately 23,000 Bryant University graduates in different stages of their career. About 10 percent of the alumni surveyed completed the survey. The econometric model used in this study allows estimating the effect of GPA on income after controlling for various demographic and socioeconomic variables, including education, major, occupation, gender, among others. The empirical work provides evidence that GPA has a positive and statistically significant impact on workplace productivity for females, but GPA seems to be a weaker predictor of …
The Implications Of Self-Driving Cars On Insurance, Amanda Lobello
The Implications Of Self-Driving Cars On Insurance, Amanda Lobello
Honors Projects in Mathematics
Self-driving cars, also known as autonomous vehicles, are being researched and tested by automakers, technology industry leaders, and other institutions. Lawmakers and politicians are discussing the legislation that will affect the fate of such technology. Primary benefits include safety, mobility, free time, less traffic, and green effects. However, there are also obstacles to the implementation of self-driving vehicles including consumer acceptance, legal liability, and cost. With the potential shift in responsibility from driver to automaker, rating factors for insurance may change, weighing more heavily on the model of the car as a factor. The fate of auto insurance is in …
Valuing “Green” How “Going Green” Affects A Company’S Stock Price, Alexia Bayer
Valuing “Green” How “Going Green” Affects A Company’S Stock Price, Alexia Bayer
Honors Projects in Finance
Environmentally conscious decision making has become a prominent topic in business that has the potential to affect the public opinion and performance of companies. This project seeks to identify whether or not positive changes in excess return might offer an incentive for companies to adopt green initiatives. It examines the ways in which companies’ green initiatives, as measured by their annual Carbon Disclosure Project S&P 500 Climate Change Report score, impact their stock price. In other words, is there value in “going green”? It is hypothesized that companies exhibiting greater variance in their environmental initiatives from one year to the …