Social and Behavioral Sciences Commons^™

Education As Democratic Persuasion: Addressing Systemic Inequalities In Brettschneider's Value Democracy, Kyla L. Eastling

CMC Senior Theses

In Corey Brettschneider’s book, Democratic Rights: The Substance of Self- Government, he builds the value theory of democracy wherein procedural and substantive rights are both grounded in the core values of democracy. In his second book, When the State Speaks, What Should It Say? How Democracies Can Protect Expression and Promote Equality, Brettschneider elaborates on his theory to provide an account of how a liberal democracy can address hateful and discriminatory views. In response to both theories, critics have charged that the ideal value democracy does not sufficiently account for systemic inequalities that women and black citizens face. In this …

Looking Beyond Shostakovich's Thirteenth Symphony, Juana Granados

CMC Senior Theses

The objective of this thesis is to explain how Dmitrii Shostakovich used Yevgeny Yevtushenko's poetry to create the Thirteenth Symphony. This collaboration between two arts, poetry and music, reflects more than just separate ideas. The five movements of the symphony bring to public conscience the political opinions of Shostakovich regarding life in the Soviet Union.

The Pursuit Of Innovation: An Analysis Of International Competitive Advantage In A Globalized Knowledge Economy, Tanay Gupte

CMC Senior Theses

With the advent of the internet age, the way in which global society interacts with technology has changed dramatically. The instantaneous availability of information and connectivity, signal the rise of a knowledge economy. This is a system in which the most valuable resource, to nations and private enterprise, is knowledge. This thesis argues that value is created through knowledge flows, which result in innovation and technological advancement. This technological advancement is the primary determinant of a nation’s global competitive advantage in a globalized knowledge economy. This thesis then posits that these innovations are fostered by institutional, social, cultural, economic, and …

Evaluating The Effects Of Nutritional Intake During Adolescence On Educational Attainment And Labor Market Earnings As An Adult, Mikaela Connell

CMC Senior Theses

In this thesis, I analyze whether nutritional intake at the time of adolescence can impact academic attainment and earnings later on in life. Millions of children in the United States are living in food insecure households and do not have access to an adequate nutritious diet. Since adolescence is a time period of intense growth and development, it is essential to meet nutritional needs at this time. Using data from the Longitudinal Study of Adolescent to Adult Health (Add Health), I measure the nutrition of a nationally representative sample of youth in the United States through their daily food intake, …

Examining The Cross-Cultural Differences In Affect Valuation: Whites, East Asians, And Third Culture Kids, Joey Yamada

CMC Senior Theses

This paper explores the cross-cultural differences in affect valuation, emotion regulation, and the relationship between affect valuation, emotion regulation and subjective well-being across White Americans, Asians, and Third Culture Kids (TCKs). Emotional experiences shape every facet of our lives, yet understanding the extent to which emotional experiences are universal is still poorly understood. This is particularly the case among individuals with diverse cultural experiences. In the current study, we look at TCK individuals, a group composed of White-identifying individuals who spent a significant time of their childhood in East Asian countries. Through a questionnaire that was distributed via email and …

The Cultural Legacy Of Communism In Entrepreneurship: Entrepreneurial Perceptions And Activity In Central And Eastern Europe, Amy Wu

CMC Senior Theses

Using data from the Global Entrepreneurship Monitor, this paper examines differences in entrepreneurial perceptions (fear of failure, opportunity perception, self-efficacy, public opinion) between CEE and non-CEE countries, before and after the 2008 recession, as well as the effects of these perceptions on entrepreneurial motivation and overall levels of activity. The results suggest that CEE countries have systematically more pessimistic outlooks in terms of fear of failure and opportunity perception, but no difference from non-CEE countries in self-efficacy and public opinion. Additionally, most of the difference in fear of failure and opportunity perception, along with an increase in necessity-motivated entrepreneurship, comes …

The Effects Of Recreational Marijuana Legislation On The Opioid Epidemic In Washington State, Steven Dickerson

CMC Senior Theses

This paper analyzes the impact of the 2012 legalization of recreational marijuana in Washington State on opioid abuse. Using synthetic control methodology, this paper finds that the legislation prevented 638 overdose deaths and lead to over 3,600 individuals seeking treatment for opioid abuse disorders. Due to the large health, social, and economic impacts of the opioid epidemic, further research should be conducted into ways to reduce the number of opioid prescriptions, the number of opioid overdoses, and opioid abuse generally.

The Need For Enhanced Physical Infrastructure In The United States, Tanvi Gandham

CMC Senior Theses

An examination of necessary infrastructure improvements in the United States.

Is Avocado Toast The Reason I'M Still Living With My Parents?, Brendan Macdonald

CMC Senior Theses

Is avocado toast the reason that I am still living with my parents? In other words, does the consumption of avocado toast, or more specifically eating out in general, have any impact on one’s ability to be a homeowner. In May of 2017, an Australian real estate developer by the name of Tim Gurner was asked to provide advice to young people who could not afford to purchase a home. He responded by saying, “when I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each,” (Victor, 2017). While the …

Model Specification For Bank Failure: A Retrospective Look At Banks In Missouri During The Great Depression, Peter Welch

CMC Senior Theses

This paper examines banks in Missouri during the Great Depression in order to find the correct model specification for bank failure during economic downturns. The data set controls for a bank’s balance sheet, correspondent network, charters and memberships, county characteristics, and market share, and includes both Federal Reserve member and non-member banks. Using a probit model, it is concluded that the contractionary monetary policy employed by the St. Louis Federal Reserve did not help bank survival, as being a member of the Federal Reserve had no significant effect on a bank’s probability of survival. Additionally, while an increased network led …

The Effects Of The Correspondent Banking Network On The Real Economy, Jack Brown

CMC Senior Theses

There is a longstanding academic debate regarding the role of financial networks. There is a tradeoff between improving the flow of funds and acting as a channel for contagion. This paper investigates the impact of banking networks on the real economy during the Great Depression. Building permit values are used as a proxy for real economic activity as implemented in previous research. A simple linear regression model estimated by ordinary least squares is used such that locational networks are differentiated from networks links to money centers and non-money centers. The results demonstrate that financial networks have both positive and negative …

The Political Economy Of Participation In The Euro: A Case Study Of Italy And Germany, Thomas Schalke

CMC Senior Theses

This thesis analyses the political economy of the decision of Italy and Germany to participate in the euro. The emphasis is on understanding the economic rationales employed in each country in support of euro membership.

For Italy, the central argument is that Italy outsourced monetary policy management to the ECB in order to delimit deficient domestic policy making and import German monetary credibility. This transferred the costs of monetary orthodoxy to Europe, and the thesis briefly examines places where we might observe those costs.

For Germany, the argument is that, out of respect for the national humiliation and shame of …

Going Undrafted: Survival Of Undrafted Free Agents And Seventh Round Draft Picks In The Nfl, Trey Smith

CMC Senior Theses

Over the years there have been a lot of undrafted free agents that have had successful careers in the NFL. The monopsony structure for rookies entering the NFL and the fact that undrafted free agents get to pick what team they play for suggests that there is an advantage in not getting picked in the draft. To explore this possibility, this paper compares the probabilities of remaining in the NFL for undrafted free agents and seventh round draft picks through logit regressions and survival analysis. In doing so, this paper describes the processes the NFL takes in order to find …

Are Volatility Expectations In Different Countries Interdependent? A Data-Driven Solution To Structural Var Identification For Implied Equity Volatility Indices, Timothy H. De Silva

CMC Senior Theses

Over the past couple of decades, the number of volatility indices has increased rapidly. These indices seek to represent the market’s expectation of realized volatility over the coming month, based on the prices of options traded on each underlying equity index. Although the dynamics of realized volatility spillover have been studied extensively, very few studies exists that examine the spillover between these volatility indices. By using DAG-based structural vector autoregression, this paper provides evidence that implied volatility spillover differs from realized volatility spillover. Through solving the well-known VAR identification problem for these indices, this paper finds that Asia, more specifically …

‘The Spirit—The Faith Of America’: The Role Of Religious Rhetoric In Presidential Inaugural Addresses From George Washington To Donald Trump, Ellen Lempres

CMC Senior Theses

While the United States was founded upon the premise of religious freedom, religious rhetoric has pervaded presidential addresses since the Founding. While such addresses were rare at the Founding because constitutional interpretation restricted presidents’ ability to campaign and communicate directly with the American people, the inaugural address is one speech that has existed since George Washington’s inauguration in 1789. During presidential inaugurations, presidents introduce themselves as presidents and establish their policy directions for their presidencies. In this context, according to the role of the rhetorical presidency, early presidents used religious rhetoric in order to unite the nation under a unitary …

Truth And Reconciliation Commissions And The Search For Justice: A Comparative Study Of Chile, Argentina And Guatemala, Pastor Jose Arroyo

CMC Senior Theses

During the mid to late 1900s many Latin American countries found themselves under the rule of violent military regimes and in civil war. The purpose of this paper is to discuss the atrocities committed in the late 20th century throughout Latin America and to discuss the ways in which these societies, affected by state violence, were able to overcome the past. In this paper, I will look at the purpose of truth and reconciliation commissions and their outcomes in Chile, Argentina, and Guatemala in order to find some similarities and compare and contrast the successes and failures of the different …

Mental Health In U.S. Prisons: How Our System Is Set Up For Failure, Katherine Daifotis

CMC Senior Theses

During the past 60 years, United States prisons have become one of the primary institutions caring for mentally ill individuals. Factors such as privatization of mental health care with a focus on profit-maximization, ineffective jail diversion programs, and unsuccessful mental health courts have contributed to prisons having an increased population of mentally ill inmates. In fact, about 20% of people who are currently incarcerated suffer from a major mental illness (Mason, 2007). Other elements outside of the justice system such as a lack of mental health awareness and a lack of resources have led to damaging interactions between the mentally …

Strength Through Diplomacy: A Fundamental Review Of The Relationship Between North Korea And The United States, Benjamin D. Blackstone

CMC Senior Theses

At the time that this thesis is printed, we are reminded of the tumultuous relationship between North Korea and the United States every day. If we follow the mainstream news regularly, it seems like we are on a steady path to war. Ultimately, this paper is centered around the question: what is the best foreign policy strategy for both countries to achieve respective goals, without descending into armed conflict? Specifically, I evaluated the failures of the last three U.S. Presidents and used their shortcomings to explain limitations in current foreign policy strategy. I also attempted to show North Korean concerns …

Determining Factors Of Risk Tolerance: Evidence From Fantasy Football Snake Drafts, Nicholas Obrand

CMC Senior Theses

This paper utilizes fantasy football snake drafts to analyze risk tolerance of individuals who are trying to maximize their present and future utility, but are faced with unknown factors and only have limited resources. Fantasy football provides a unique perspective on risk tolerance, different than the commonly researched fields of auctions, financial portfolios, and lotteries. I examine mock draft data from Fantasy Football Calculator as well as rankings data from Fantasy Pros to gauge the amount of risk associated with each draft pick. I find that the more perceived uncertainty that is connected to an individual selection, the more likely …

"Do As I Say, Not As I Do": An Examination Of The Impact The United States Has On Nuclear Weapons Norms, Alex Kenchi Ohlendorf

CMC Senior Theses

This thesis explores the reputation that the United States has for supporting and promoting three norms related to nuclear weapons: nonproliferation, non-use, and deterrence, while simultaneously examining the impact that United States actions can have on the saliency of the norms themselves. Ultimately, the United States has the ability to considerably impact the saliency of international nuclear norms, and has encouraged other states to accept and abide by them. However, there exists a disparity between the words and actions of the United States. In effect, the United States may “talk the talk” by expressing support and attempting to influence other …

Jocks For Justice: How Sports Media Reflects And Propagates Societal Narratives, Laura Kathryn Reifsnyder

CMC Senior Theses

Sports presents one of the most popular forms of entertainment in society, and sports media continues to expand its billion-dollar influence through new television deal and broadcasting rights. But with a population of journalists who are overwhelmingly white, straight, and male, sports media is promoting the hegemony of said image by reproducing stereotypes in its broadcasts to audiences around the country. Mainstream media regurgitates these stereotypes in their coverage of minority athlete by portraying black players as unintelligent or “thug”-ish, women as “butch”, and gay athletes as effeminate. These representations allow for the perpetuation of the white, heterosexual male narrative …

The Mall Ain’T Dead Yet! An Aristotelian Argument For The Continuation Of Physical Retail Space With The Rise Of Modern Technology, Tarah Gilbreth

CMC Senior Theses

According to Aristotle, for a human being to live their best life, that is a life that flourishes, is to live a political life. A political life is lived best in a polis , or a self - sufficient community, so therefore, the most flourishing human life is one lived in a polis . Also, for a polis to be self - sufficient, its citizens must be flourishing, so there exists a special sort of constitutive relationship between the polis and its citizens. There are certain capacities available to human beings in the polis that promote their flourishing (namely loyalty …

Ipo Underpricing And Insider Wealth Maximization In Internet Firms, Bhavika Booragadda

CMC Senior Theses

This paper empirically tests the theoretical model developed by Aggarwal, Krigman and Womack (2001), which argues that insiders of a firm strategically underprice its initial public offering to maximize personal wealth by selling shares at lockup expiration. First day underpricing generates information momentum for the stock in terms of increased research coverage and recommendations by analysts. Increased research coverage is positively correlated with stock returns and insider selling at the end of the lockup period. Although the value of the stock should be typically based on discounted expected future cash flows, several empirical papers suggest a downward sloping demand curves …

The Glass Ceiling’S Missing Pieces: Female Migrant Domestic Workers Navigating Neoliberal Globalization In Latin America, Roselyn Cantu

CMC Senior Theses

This thesis explores globalization’s effects on female migrant domestic workers in Latin America by examining the socioeconomic and political status of Paraguayan and Peruvian domestic workers in Argentina. Through this research, I answer several key questions. First, how does globalization shape neoliberal markets that enforce the exploitative structures of domestic labor? Second, how is gender inequality present in governmental and social discrimination? Third, do the costs of transnational care labor outweigh the benefits? The former two questions are answered by the rising demand for care labor and resulting global care chains that fuel greater cross-border migration and statelessness of female …

An Exploration Of The Adaptive Functions Of Dreams And Empirically-Based Methods Of Dream Interpretation, Isaac Roberts

CMC Senior Theses

This paper presents a meta-analysis of dream theory within psychology and neuroscience. The questions it attempts to answer are: what is the neuroscientific basis of dreaming? Why do dreams exist (do they have an adaptive function)? Could dreams possibly have no function? And, what is the best way to interpret a dream? The current analysis presents various theories relevant to each of these questions and compares their viability. It also briefly examines the origins of psychological thought on dreams and, towards the end, outlines the steps and empirical support for a well-regarded method of dream interpretation known as the cognitive …

Can A Comprehensive Transition Plan To Barefoot Running Be The Solution To The Injury Epidemic In American Endurance Runners?, Michael A. Scarlett

CMC Senior Theses

Fossils belonging to the genus Homo, dating as far back as two million years ago, exhibit uniquely efficient features suggesting that early humans had evolved to become exceptional endurance runners. Although they did not have the cushion or stability-control features provided in our modern day running shoes, our early human ancestors experienced far less of the running-related injuries we experience today. The injury rate has been estimated as high as 90% annually for Americans training for a marathon and as high as 79% annually for all American endurance runners. There is an injury epidemic in conventionally shod populations that …

Returns To Buying Winners And Selling Losers: A Look At Cryptocurrencies, Daniel Walker

CMC Senior Theses

This paper is, to my knowledge, one of the first ever to examine the effectiveness of price momentum trading strategies applied to cryptocurrencies. Using aggregate OHLCV (Open, High, Low, Close, Volume) data on cryptocurrency pairs from Poloniex, Bittrex, and Bitfinex, I apply Jegadeesh and Titman’s classic -month/-month momentum trading strategy, reporting annual returns with and without incorporating trading fees. Portfolios are resampled daily, weekly, and monthly, testing lookback and holding periods ranging from one day to one year. The results show that trading cryptocurrencies using momentum strategies derives returns that rapidly increase the more often portfolios are resampled, with the …

The Relevance Of Caste In Contemporary India: Reexamining The Affirmative Action Debate, Shambhavi Sahai, Shambhavi Sahai

CMC Senior Theses

With the changing significance of caste and caste identity, this thesis explores the role of affirmative action or "reservations" in Indian higher education. Specifically, it aims to reopen the debate on the dominance of a "creamy layer" among the OBCs in an increasingly nationalist India. Viewing caste through the lens of ethnic identity, this thesis draws comparisons between the identity of OBCs and Scheduled Castes and Tribes, OBCs of the "Hindi Belt" and OBCs of the South, followed by an analysis of the politicization of caste identity today. The thesis concludes with an evaluation of affirmative action today and possible …

Generalization Of Ipad®-Learned Skills In Children With Autism Spectrum Disorder, Claire Klein

CMC Senior Theses

The present study investigated the effects of learning from an iPad® to real-world skills for children with autism spectrum disorder (ASD). Research has demonstrated that for some children with ASD, electronic media such as an iPad® is highly motivating, highly preferred, and increasing in popularity in homes and in classrooms (Chen & Bernard-Opitz, 1993; Rideout, 2017; Shane & Albert, 2008). Because academic skills are often difficult for children with ASD due to problems with motivation, the current study used the motivating features of iPad® apps to teach real-world academic skills to children with ASD, with the hypothesis that skills would …

Reaching The Unreached: The Role Of Information Communication Technologies On Agency Of Women In India, Suvena Yerneni

CMC Senior Theses

In this paper, I analyze the impact of Information Communication Technologies (ICTs) on female empowerment in India. In defining female empowerment, I consider the three dimensions of agency: social autonomy, economic autonomy, and mobility. Using nationally-representative data of 2012 from the Indian Human Development Survey (IHDS), I find that these information communication technologies, measured by ownership and use, have positive and significant impacts on female agency and decision-making abilities. I extend my analysis to two types of media: computers and mobile phones. These results persist even after accounting for the effects of education, income, and age of women.