Social and Behavioral Sciences Commons^™

Recreational Marijuana In Ohio: A Cost Benefit Analysis, Noah Polanski

Williams Honors College, Honors Research Projects

This study aims to analyze the cost and benefits of legalizing recreational marijuana in Ohio by estimating the monetary value of major cost and benefit items caused by legal recreational marijuana being implementing in Ohio. Key areas that are used in the analysis to give an accurate picture of the costs and benefits of marijuana are the areas of: tax revenue, the labor market, the criminal justice system, public health and safety, and educational attainment. By focusing on changes experienced in other states that have legalized, a realistic estimation of what will happen in Ohio can be made.

Data shows …

The Digital Revolution Revisited: Artificial Intelligence & Employment, Nicholas Lavy

Williams Honors College, Honors Research Projects

Artificial intelligence (AI) is a quickly advancing technology that has the potential to displace a great deal of workers. Unlike past automation-based technologies, I find that high skilled labor is more impacted by AI than lower skilled labor. In order to analyze the impact that AI will have on the labor market, I utilize a fixed effects model for a historical case of automation’s impact on employment and a fitted parameter methodology to analyze the careers most and least exposed to artificial intelligence. My results suggest that an increase in exposure to automation technologies by one percentile leads to a …

Democracy In The Mena, Alexandria Petrof

Williams Honors College, Honors Research Projects

There is not sufficient evidence that the Middle East will be able to democratize effectively. First and foremost, most attempts of implementing democracy have failed. The landscape and lack of industrialization also plays a role in the inability to apply democratic systems into this area. Lastly, the educational system, or lack thereof, struggles to educate their children and citizens as a whole and education is one of the biggest factors in the success of democracy.

The Effect Of Low Skill Job Opportunities On Postsecondary Enrollment, Mallory Radesic

Williams Honors College, Honors Research Projects

This research examines the effect that low skill job opportunities have on the probability of enrollment in postsecondary institutions between men and women, namely the construction and manufacturing industries. The research is based on the human capital investment theory, which states that individuals will enroll in postsecondary institutions when the perceived benefits outweigh the costs. More job opportunity heightens the opportunity cost of enrollment, hence lowering the probability of enrollment. After running a probit model, there is evidence that enrollment is countercyclical and that enrollment decisions do not vary significantly between men and women. I find that a 1 percent …

Welcome To The Neighborhood: A Spatial Analysis Of Crime And Housing Values, Anthony Senick

Williams Honors College, Honors Research Projects

Crime is an obvious unwanted problem in any population anywhere in the world. Not only does it present problems for public safety, but it crime has negative monetary costs as well. One such way these costs can be observed is in their effect on property values. Past studies have examined this relationship between crime and housing values using the hedonic housing price model and spatial analysis, and I attempt to perform a similar analysis, but with the inclusion of new variables and spatial techniques, for the City of Akron, Ohio. With 2017 housing sale data provided by the Summit County …