Social and Behavioral Sciences Commons^™

Pricing Lower Or Buying Cheaper? How Grocery Consumers Pay Less During Seasonal Demand Peaks, Colin Watson

Undergraduate Economic Review

The average price paid for a seasonal grocery category is (surprisingly) lower during the category's seasonal demand peak. For several product categories at one supermarket chain, demand peaks are shown to be associated with 1) consumer substitution to lower-quality products, 2) product price reductions, especially on products that increase their market shares, and as a result 3) a decline in the average price paid for the product category. In one very seasonal category, price reductions are driven by intertemporal substitution associated with large weekly discounts. Findings are consistent with any of several loss leader models.

The Effect Of Women’S Intrahousehold Bargaining Power On Child Health Outcomes In Bangladesh, Eleanor M. Schmidt

Undergraduate Economic Review

Trends in developing economies suggest that as relative female intrahousehold bargaining power improves, consumption preferences favor basic needs which promote child welfare. This study seeks to examine whether greater household bargaining power by Bangladeshi women is related to an improvement the health of their children. Results suggest that certain aspects of bargaining power, including female participation in decision-making about child health care, large household purchases and daily needs, are associated with larger child height-for-age z-scores. There exists a positive correlation between children in families where their mothers have decision-making authority and child health outcomes.

A Household Model Of Careers And Education Investment, Jessica F. Young

Undergraduate Economic Review

This paper develops a two-stage non-cooperative household game, in which parents make career decisions and an investment into their child’s human capital. The model is solved for Nash equilibrium outcomes and extended for a cooperative solution. In non-cooperative pure strategies, both parents choosing to work is a Nash equilibrium, though there are alternative outcomes when the conditions underlying the career decision are varied. The investment behaviour of agents is analysed. We find that choices are critically affected by the magnitude of the cost (and reflected quality) of a high education investment relative to a low investment, and the intrinsic value …

The Tortoise And The Hare: A New Moral For An Old Fable, Jaret Kanarek

The Intellectual Standard

Aesop's The Tortoise and the Hare is a prominent moral fable in American cultural discourse. Having originated in ancient Greece, the fa­ble has varied over the years, but the basic elements remain the same. The story, as it is generally told, involves a tortoise and a hare as its two main protagonists. The hare is arrogant; he continually boasts about his speed and picks on the tortoise for being slow. The tortoise grows tired of the hare's boasting and questions the hare's claim of being the fastest creature. In retort, the hare decides to challenge the tortoise to a race …

Faulty Phrases: "There Are No Absolutes" & "The Truth Is Relative", Jaret Kanarek

The Intellectual Standard

"There are no absolutes:' "The truth is relative:' Each phrase im­plies and necessitates the truth of the other. An absolute is something that is universally true, that is, its truth is independent of all other factors or contexts (New Oxford American Dictionary). To say, "there are no absolutes:' is to say that there are no inde­pendent universal truths. All truths are therefore dependent. "The truth is relative" makes exactly this claim. Philosophically speaking, that which is relative "is dependent on something else" (New Oxford American Dictionary). But the concepts of relativity and dependence do not exist in a vacuum. For …

Faulty Phrases: "There Is No Such Thing As Perfection", Michael Christison

The Intellectual Standard

In regard to this saying, one of the most notable references can be found in the movie Tron: Legacy. Although not a direct quote, the charac­ter Kevin Flynn, played by Jeff Bridges, communicates a very similar mes­sage to the public: "The thing about perfection is that it's unknowable. It's impossible, but it's also right in front of us all the time:' This stance from Flynn, or rather the scriptwriters, epitomizes the commonplace idea that I wish to critically examine.

The Issue Of Internet Polling, Nick A. Nichols

The Intellectual Standard

Surveys, polls, and focus groups are common phenomena in our daily lives. We live in a world where big data is big business. Large decisions hinge on the accuracy and predicative power of these numbers. Therefore, it should not be surprising that there is a market for the malicious manipu-1ation of data. Extreme care must be taken in the collection, checking, and processing of data to prevent decisions from being made on incorrect as­sumptions. In order to demonstrate the full potential and possible impact of these attacks, I shall provide the following example: John Doe is a member of the …

Survival Of The Selfish:Natural Selection And The Myth Of Altruism, Kyle O'Shea

The Intellectual Standard

Altruism, in its purest sense, can be defined as an unselfish regard for or devotion to the welfare of others. An altruistic act is one in which the person or animal benefiting from the act is the only one benefiting from it, and the person or animal performing the act gains nothing or is even harmed by the act. Truly altruistic acts are completely void of selfishness. One would like to believe that altruism could exist in its purest form; however, this devotion to the welfare of others cannot and does not exist in nature over time.

Undergraduate Economic Review: Recent Trends Report, Jake Mann

Undergraduate Economic Review

The Undergraduate Economic Review is a peer-reviewed, internationally distributed open-access journal aimed at promoting high quality undergraduate research. It is supported by the Ames Library and the Department of Economics at Illinois Wesleyan University. The journal has been in existence for eight years, and has published many notable articles from a variety of undergraduate institutions. This report provides an overview and preliminary analysis of statistics and data from Berkeley Electronic Press and Google Analytics reports.

The Personality Of Policy Preferences: Analyzing The Relationship Between Myers-Briggs Personality Types And Political Views, Tracy Lytwyn

Res Publica - Journal of Undergraduate Research

For political scientists and politicians alike, much research has been devoted to understanding the American citizen. Comprehension is the key to capturing votes, pushing forward new ideas, and retaining support in the years to come. This project centers on the theory that people structure their political opinions around problem-solving tendencies that they apply to everyday situations and are particular to their personalities. To evaluate this idea, this study uses the Myers-Briggs Type Indicator (1962) in addition to several questions regarding personal policy preferences to determine whether there is a significant correlation between certain elements of one's personality type and political …

Environmental Legislation: Factors And Factions, Timothy Luby

Res Publica - Journal of Undergraduate Research

In recent years the environment has become an increasingly salient issue, with many citizens calling for higher environmental protection and precautions within the United States. However, it seems that congressmen have become unresponsive to these demands as partisanship progressively becomes the determining factor in environmental voting. This study attempts to discover what factors, along with party, determine a representative’s voting decisions on environmental legislation. By collecting data on United States House members in 2006, 2007, and 2010 and running linear regressions, the most significant factors in predicting House members’ voting patterns are identified; however, party and ideology seem to have …

The Ethnic Security Dilemma And Ethnic Violence: An Alternative Empirical Model And Its Explanatory Power, Jiaxing Xu

Res Publica - Journal of Undergraduate Research

Beginning in the 1990s, a trend of using the security dilemma to explain ethnic violence has emerged. However, previous research mainly focuses on individual cases with large-scale violence; whether ethnic security dilemma theory is a sound approach to explain less violent ethnic conflict remains unclear. This paper employs a large-N design and tests the hypothesis that the ethnic security dilemma causes ethnic conflicts, without discriminating between differences in severity and scale of conflict. The paper also conducts a longitudinal comparison with a previous quantitative model using the latest data available. The empirical results do not support the hypothesis and suggest …

United State House Elections Post-Citizens United: The Influence Of Unbridled Spending, Laura Gaffey

Res Publica - Journal of Undergraduate Research

After the Citizens United decision in 2010 allowed corporations and unions to spend freely in elections, much media attention was given to the influence of unlimited and undisclosed donations during the 2010 midterm elections. This research attempts to determine the impact of increased outside spending by super PACs and other groups post-Citizens United by comparing United States House races in 2006 and 2010. The analysis controls for other factors that influence election outcomes in order to determine the influence of outside spending, confirming that outside money did have a small measurable effect in both elections when spent to support …

The Influence Of Cosmopolitan Values On Environmental Attitudes: An International Comparison, Lauren Contorno

Res Publica - Journal of Undergraduate Research

Many recent environmental politics and environmental behavior studies have attempted to explain the variation in individuals’ environmental attitudes by means of their personal values. This piece enters into the recent debate that has developed around the dichotomous ideologies of cosmopolitanism and patriotism and their relationship to environmentalism, arguing that individuals with cosmopolitan values are more likely to exhibit concern for environmental issues than those with patriotic values. Through an analysis of regression models for seven Western industrialized nations, this study confirms a positive correlation between cosmopolitan values and environmentalism. The explanatory power of cosmopolitanism was greater than that of social …

Keep It Clean? How Negative Campaigns Affect Voter Turnout, Hannah Griffin

Res Publica - Journal of Undergraduate Research

This study examines the effects of negative political campaigns on voter turnout over the last 10 years. Voter turnout in the United States is extremely low in comparison to other advanced industrialized nations, and the negativity that surrounds our elections may be the key to understanding why. The study is also a response to recent scholarship with conflicting conclusions on how the tone of campaigns affects the electorate. The independent variable in this study is the degree of campaign negativity, as perceived by voters. It is measured by state exit poll responses over the past 10 years, and its effect …

Author's Biographies

Res Publica - Journal of Undergraduate Research

No abstract provided.

Editors' Introduction, Laura Gaffey, Lauren Contorno

Res Publica - Journal of Undergraduate Research

No abstract provided.

Letter From The Department Chair, James Simeone

Res Publica - Journal of Undergraduate Research

No abstract provided.

Table Of Contents

Res Publica - Journal of Undergraduate Research

No abstract provided.

Res Publica Xvii

Res Publica - Journal of Undergraduate Research

Complete copy of the 2012 volume of Res Publica.

The Growing Concern Of Poverty In The United States: An Exploration Of Food Prices And Poverty On Obesity Rates For Low-Income Citizens, Catherine Gillespie, Kathy Gray, Ethan Bailey, John Zivalich

Undergraduate Economic Review

Studies demonstrate the link between income and obesity, determining factors to explain the strong correlation between high body mass index and low socioeconomic status. Many focus on uncovering predictors but few use a systems approach: identifying the interaction among predictors and their relative magnitude concerning obesity. This study asks: do poverty or food price indicators have a statistically stronger relationship with obesity?

By collecting data, evaluating trends, and analyzing statistics, this study extends research by revealing a stronger relationship between obesity and food prices as opposed to obesity and poverty.

Immigrants, Medicaid, And The Deficit Reduction Act, Nicholas T. Fritsch

Undergraduate Economic Review

This study examines the effects of the Deficit Reduction Act (DRA) on immigrant Medicaid participation using data from the 2005 and 2007 March supplements of the Current Population Survey. The DRA made changes to Medicaid coverage laws by requiring proof of citizenship for eligibility rather than a sworn statement, as was the case prior to the DRA, thus reducing the non-citizen/non-legal permanent resident use of Medicaid. A difference-in-difference methodology is used, and the research finds that the laws were effective in decreasing non-citizen use of Medicaid relative to citizens, though there is a possibility of “chilling effects” on eligible non-citizens.

Demand For Money And Exchange Rate: Evidence For Wealth Effect In India, Sahadudheen I

Undergraduate Economic Review

External factors such as variations in exchange rates should, to some extent, affect the composition of optimal money holdings. It was Robert Mundell who proposed the idea that demand for money could depend on the exchange rate in addition to the income and interest rate. Changes in exchange rate may have two effects on the demand for domestic currency, wealth effect and currency substitution effect. The main objective of the paper is to examine the effects of exchange rate on domestic demand for money in India covering the period of 1998Q1 to 2009Q4. The statistical and time series properties of …

Shanghai As An International Financial Center - Aspiration, Reality And Implication, Raph Luo

Undergraduate Economic Review

China’s rapid economic development, especially in the financial sector, has ignited the discussion of the re-emergence of Shanghai as a leading international financial center (IFC). Much still remains to be done for Shanghai to catch up with established centers such as New York and London, including deepening its capital markets and opening itself up to cross-border capital flows. While Shanghai’s current financial development has been made possible largely by China’s past economic conditions and policies, recent reforms are also likely to guarantee Shanghai the position as a world-class onshore IFC in the near future. The rise of Shanghai will likely …

Returns From Self-Employment: Using Human Capital Theory To Compare U.S. Natives And Immigrants, Nikola Popovic

Undergraduate Economic Review

The focus of this paper is to examine the economic returns from self-employment when comparing natives and immigrants. I hypothesize that returns from self-employment will increase with age and education, and that immigrants from China, India, and the Philippines will have higher returns while immigrants from Mexico will have lower returns than natives. I also hypothesize that immigrants with high levels of education will earn more than natives with the same amount of education. The OLS regressions show that human capital variables explain the differences in self-employed income between natives and immigrants, as the literature suggests.

Economic Shocks, Trade And International Relations, Jack Barnes Thompson

Undergraduate Economic Review

In an interdependent world, trade has unavoidable game aspects. A model with two agents is used to determine the impact of trade and a military alliance between two major world players, North America and China, and an external non-actor, South Korea. The objective of this study is to investigate the impact of cooperative actions and outcomes by the two agents on a two-track policy for South Korea. We also study a variant to the game by considering a change in international relations. Welfare implications are also observed.

Does The Economy Determine The President? A Regression Model For Predicting Us Presidential Elections, Roy K. Roth

Undergraduate Economic Review

There is a prevalent belief that the economy determines the President. If the economy is good, the President keeps his job, if it is bad, he is out. A large body of econometric literature has been published on this topic. This paper takes a new approach. I look not at how the popular vote changes with economic conditions, but how the electoral vote changes. I further examine how these changes affect the probability that the incumbent party stays in office. I find that economic conditions may not be as important as they have been purported to be.

Faulty Phrases: "Only Human", Jaret Kanarek

The Intellectual Standard

After a forceful lesson demonstrating his incompetence as a green lantern, Hal Jordan, the hero of 2011's blockbuster Green Lantern, claims, ''I'm done. He's right. I'm only human" (IMDB, 2011). This anti-man attitude pervades the movie, and seems warranted given the portrayal of a reality in which there are non -human species capable of accomplishing feats incomprehen­sible to mankind. Unfortunately, this anti-man attitude is not limited to the realm of fantasy and science fiction where the facts of reality, i.e. laws of logic and physics, have no bearing. For millennia, this attitude has been just as prevalent in the earthly …

Tunnel Vision: A Problem In Academics, Nick A. Nichols

The Intellectual Standard

Inspiration is just as important to scientists as it is to artists. Ein­stein's theories of special relativity were famously drawn from his boyhood question, "What would riding upon a beam of light be like?" Archime­des came to his famous eureka moment, and uncovered the principle of buoyancy, in a bath. Without moments of inspiration like these, humanity would not have made the progress that it has. Taking a broad view of the world has historically been a large part of the academic world; however, there is still a constant struggle with academic tunnel vision. When one becomes obsessed with a …

Responsibility, Michael Christison

The Intellectual Standard

In our society there is a systematic failure to recognize certain cru­cial principles about the human condition, especially by those in positions of power. Parents and policy-makers alike focus too greatly on removing personal responsibility and too little on allowing it. The result is a gradual removal of the individual's authority as the arbiter of his or her own life. Part of the reason for this problem is that "responsibility" as a concept has become somewhat ambiguous, and thus, it has become misunderstood. Reaching a solution requires the clarification of what responsibility is and an understanding of why it is …