Social and Behavioral Sciences Commons^™

Pathways For Recognition: Indigenous Land Rights In Panamá, Caruna Gillespie, William Ascher

CMC Senior Theses

Indigenous communities in Panamá face the same challenge that many Indigenous communities experience around the globe: a lack of recognition of their land rights. Over the last several decades, the Panamanian government has developed policies and ratified international agreements that recognize Indigenous rights. The comarcas that institutionalize these rights have had some success. However, despite a seemingly progressive framework for recognition, Indigenous communities across the country continuously have their rights violated by conservation projects and resource extraction efforts in the name of economic development. The Panamanian government crafts recognition policies using loopholes, exceptions, and ambiguous language that allow for them …

Analyzing The Effects Of 2018 Bank Reclassifications On Individual Balance Sheet Compositions, Hiyab Abraha

CMC Senior Theses

The March 2023 collapse of Silicon Valley Bank (SVB) marked the second largest bank failure in United States history and the largest bank failure since the 2008 Global Financial Crisis (GFC). This paper analyzes the mechanisms underlying SVB’s downfall and explores the specific systemic vulnerabilities that March 2023 revealed. To study the impact of systemic risk reclassification on individual bank balance sheets, I construct a quarterly panel dataset of the largest US chartered banks and track their regulatory classification and financial reports from 2009 to 2023. The 2018 Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) changed the Federal …

Do Inclusionary Zoning Ordinances Restrict Housing Supply: An Instrumental Variable Approach Using Evidence From California, Liam James

CMC Senior Theses

Do inclusionary zoning (IZ) ordinances restrict the supply of housing, putting undue upward pressure on prices? Using an improved version of the California Coalition of Rural Housing database, we use OLS and 2SLS methods to estimate the effect of IZ policies on supply. In demonstrating the endogeneity of OLS, we address this concern through the use of differences in two-party voter registration as an instrument for the presence of an inclusionary zoning ordinance. We find no evidence consistent with a clear restrictive effect of these policies.

Happy Teams: Utilizing Remote Data Entry Work To Understand The Relationship Between Team Gender Composition, Team Performance, And Worker Satisfaction, Laura Zimmer

CMC Senior Theses

The following study contributes to existing scholarship surrounding the relationship between gender and teamwork. My experiment aims to build on how gender impacts team members' success, emotions, and overall experience by randomly pairing individuals in two-person remote teams, to complete data entry tasks together. Teams work together remotely to complete tasks rating Chicago roads. Pre and post-teamwork surveys were completed by individuals surrounding their emotions and experience working with their partner. My results demonstrate that single-gender female teams report the highest increases in happiness while working in teams. Individuals were found to rate partners of their same gender more highly …

A Dollar A Day Keeps Inflationary Crisis Away: An Evaluation Of Proposed Dollarization In Argentina, Dante Mcdermott

CMC Senior Theses

This thesis analyzes the history and policy variations of dollarization to gain understanding that can be used to evaluate the proposal of dollarization in Argentina. After analyzing the monetary policy histories of Ecuador, El Salvador, Liberia, Panama, and Zimbabwe, I put the main takeaways into the context of Argentina’s monetary history and current economic situation. I find that the adoption of foreign currencies in an economy provides short-term relief from inflationary crises, but that long-term economic benefits are vulnerable to attacks by populist leaders and their high spending governments. In order to maximize the long-term benefits of dollarization, the policy …

The Cyber Policies Behind Critical Infrastructure: A Look At The Preparedness Of The Top Nuclear Energy-Producing Nations, Jocelyn Livier

CMC Senior Theses

The energy sector is the most targeted industry, with 39% of all cyber-attacks; that's more than three times the frequency of attacks on other industries. ^[1] Cyberattacks on energy infrastructure have become a stark reality. This paper looks closely at the cyber security policy of the U.S., China, and France (top producing nations) and determines if 1). A response to cyberattacks is in place; 2). A response to cyberattacks on critical infrastructure is in place; 3). A direct action plan for cyberattacks on nuclear power plants is in place, and 4). Whether or not cyber simulations and training exercises are …

Adolescent Bereavement And Resilient Outcomes: A Comprehensive Analysis, Jenna Holmes

CMC Senior Theses

This thesis explores the complexities of adolescent bereavement and factors that improve resilience. Bereavement in adolescence is particularly difficult and complicated because it occurs during a crucial developmental period, and maladaptive coping during this time has been linked to many negative outcomes. This review covers three different theoretical models (i.e., Model of Adolescent Grieving, Multidimensional Grief Theory, and the Contextual Resilience Model for Bereaved Adolescents) of adolescent bereavement and compares their strengths and weaknesses. The importance of promoting resilience and healthy bereavement is underscored, followed by a discussion of how the type of loss (e.g., parent, sibling, and friend), different …

Analysis Of Government Stimulus During Covid-19 And The Bank Distress Of 2023, Kara Hagler

CMC Senior Theses

Due to the hardships that small businesses were facing from the onset of COVID-19 in March 2020, the government created the Payment Protection Program (PPP). This program used banks as the initial lenders for small business loans to facilitate loans from the government to small businesses. In this article, I study how participation in the PPP lending program contributes to the Bank Distress of 2023 by using a bank-level quarterly panel data set from 2019-2023. Estimation of difference-in-difference specifications reveals banks that opted into the PPP program experienced an increase in held-to-maturity securities relative to non PPP banks. The mechanism …

Progressive Maternity And Reproductive Justice: The Identity Of Motherhood As A Conduit Of American Social Policy, Sharanya Suresh

CMC Senior Theses

For this thesis, I explore the following research questions: How did primary actors such as the activists and scholars within the Progressive Maternity and Reproductive Justice movements use and construct maternal and gender identities within their respective movements? What are the policy implications for building coalitions around gender and motherhood? I argue that the Progressive Maternity movement embraces motherhood as an identity by which we coalesce and create policy, while the Reproductive Justice movement has a nuanced understanding of motherhood and gender, with a rejection of the notion that citizenship is contingent on motherhood at the center of their political …

Analyzing The Mental Health Realities Among Daca Recipients Within The Mexican Community, Oscar Javier Gonzalez

CMC Senior Theses

Immigration to the United States, particularly from Mexico, has resulted in a significant population of undocumented individuals residing in the nation. Among them are those who arrived in the U.S. as children, with some eligible for protection under the Deferred Action for Childhood Arrivals (DACA) program, offering temporary relief from deportation and government benefits. This thesis analyzes the historical context of immigration and the DACA program, focusing on the often-overlooked experiences and mental health realities encountered by Mexican DACA recipients. These experiences encompass the pursuit of the American Dream, deportation fears, family separation, challenges in accessing government services, navigating the …

Applying Transformational Leadership To Dentistry: Finding A Leader In A Dentist, Irene Jun

CMC Senior Theses

A dentist holds a unique leadership position in which they must lead their dental practice, their dental staff, and their patients. The multifaceted nature of the occupation requires a combined team effort, and a cohesive partnership can be inspired through transformational leadership. Transformational leadership is a mutual process where leaders and followers empower one another and develop together toward a shared vision. Its effectiveness is implemented by the leader and further maintained by the followers. A transformational leader within a dentist can be manifested through the 4I’s of transformational leadership: idealized influence, inspirational motivation, intellectual stimulation, and individual consideration. The …

For Richer Or Poorer: The Warren Court's Relationship To Socioeconomic Class, Nicole Jonassen

CMC Senior Theses

The U.S. Constitution does not enshrine socioeconomic rights. Why does this matter? Many argue that socioeconomic rights have value in and of themselves because they secure certain minimum conditions of human dignity, but socioeconomic rights also have instrumental value because abject material deprivation often makes traditional political and civil rights meaningless. In this thesis, I explore the relationship between U.S. constitutional law and socioeconomic rights through an analysis of the Warren Court’s decisions regarding socioeconomic class. In Chapter 1, I present existing literature on socioeconomic rights, socioeconomic rights in the American context, and what many scholars see as the Warren …

Your Anonymous Words Matter: The Harms Of Internet Anonymity And Its Inhibiting Effects On Producing Knowledge, Sena Selby

CMC Senior Theses

In this paper, I will argue against Karen Frost-Arnold’s claim that internet anonymity has more epistemic benefit than epistemic harm for online communities. I will first outline her arguments that anonymity poses epistemic benefits for speakers of marginalized communities, who often rely on anonymity to share their experience and testimony without fear of repercussions, such as testimonial injustice, backlash, and even physical harm. I will then consider objections to Frost-Arnold’s account made by others, including the idea that anonymous testimony is not reliable. I will show how this objection alone is insufficient against Frost-Arnold’s claim. Then, I will offer my …

Driven By Change: The Impact Of Macroeconomic Shifts And Covid-19 On New Vehicle Sales, Jackson Aldrich

CMC Senior Theses

This paper examines the impact of macroeconomic factors and the COVID-19 pandemic on new vehicle sales. In order to address these two topics, a two-pronged approach was used with separate regression models. The macroeconomic variables include monthly supply of new homes, CPI for urban public transportation, unemployment rate, disposable personal income, inflation expectation, consumer sentiment, average gas prices, and total vehicle miles traveled which were regressed on total vehicle sales from 1978-2022. The regression results confirmed and supported current literature and highlighted the importance of the housing market and unemployment rate on new vehicle sales. The COVID-19 pandemic model variables …

Is Green The New Gold? Esg’S Influence On The Financial Performance Of The Energy And Mining Industries, Alexa De Vegvar

CMC Senior Theses

The demand for Environment, Social, and Governance (ESG) reporting has increased in recent years. As the concern for climate change has moved to the forefront of the investment process, companies have needed to prioritize ESG in their operations. Previous literature addresses how ESG has benefited companies’ financial performance and increased shareholder value. The pandemic has proven to have positively impacted ESG reporting as social priorities shifted. However, studies have also shown that ESG reporting is too ambiguous to concretely display any relationship with financial performance. This thesis will analyze the impact of ESG and environmental data reporting on the Return …

Reclaiming Democracy: Examining Disenfranchisement Laws And Policy Recommendations To Restore Voting Rights For Formerly Incarcerated People, Maeve Conte

CMC Senior Theses

This paper examines the disenfranchisement of formerly incarcerated people and the steps by which they can participate in civic society again. It delves into the history of these laws, both in the United States and abroad, and the philosophies behind disenfranchisement. It then uses Florida’s Amendment 4 as a case study in current debates surrounding voting rights. After a literature review on voting, it assesses the voting population inside prisons in states that allow it and includes policy recommendations for these states. This thesis also applies interventions from the literature review to reduce the cost for formerly incarcerated people. Ultimately, …

Analysis Of Research On The Effects Of Auditory Stimulation On Anxiety And Stress In Clinical And General Populations, Rebecca Lee

CMC Senior Theses

The use of auditory stimulation may be a useful method in treating clinical anxiety disorders, as well as aiding in coping with daily stress among general populations. The understanding of how certain forms of auditory stimulation can increase anxiety and stress is also critical so clinicians and the general population can approach decreasing anxiety and stress in the most effective way possible. The following paper will provide a literature review on studies published after the year 2000, analyzing the various impacts of different types of auditory stimulation, including impacts of music-therapy, music and noise at different frequencies, binaural beat stimulation, …

Towards Algorithmic Justice: Human Centered Approaches To Artificial Intelligence Design To Support Fairness And Mitigate Bias In The Financial Services Sector, Jihyun Kim

CMC Senior Theses

Artificial Intelligence (AI) has positively transformed the Financial services sector but also introduced AI biases against protected groups, amplifying existing prejudices against marginalized communities. The financial decisions made by biased algorithms could cause life-changing ramifications in applications such as lending and credit scoring. Human Centered AI (HCAI) is an emerging concept where AI systems seek to augment, not replace human abilities while preserving human control to ensure transparency, equity and privacy. The evolving field of HCAI shares a common ground with and can be enhanced by the Human Centered Design principles in that they both put humans, the user, at …

Determinants And Effects Of Offset Usage Within The California Cap-And-Trade System – A Firm-Level Analysis, Adarsh Srinivasan

CMC Senior Theses

This thesis examines the determinants of the usage of carbon offsets within the California cap-and-trade program for greenhouse gas emissions. It also investigates the relationship between a firm’s investment in offsets and its financials for publicly traded companies. Entity-level data from 2013 to 2020 was used, which was sourced from the California Air Resources Board. Multiple regression analysis was used to investigate factors that correlated with offset usage and whether offset usage correlated with EBITDA. Dummy variables indicating geographic location and economic sector of each entity were used as controls. The analysis found that total covered emissions and privately owned …

Entremezclando Sueños: Reimagining Education Through Community-Centered Program Evaluations, Cassandra Hernandez

CMC Senior Theses

This thesis fuses Chicane Latine Studies (CLS) and Public Policy methodologies to explore how student-centered organizations can incorporate Decolonial Feminism into their program evaluation pedagogy. In today’s society, the political economy, influenced by structural biases, gravely impacts marginalized communities by overlooking holistic wellbeing as a valid priority. Embodying Decolonial Feminism can help community organizations fight back against systemic inequities and redefine for themselves their existence. A starting point is adjusting how organizations conduct program evaluations. Using Chicana Latina Feminista (CLF) Pláticas, concepts from these pláticas culminated into a collaborative decolonial feminist program evaluation guide called "Entremezclando Sueños." This guide serves …

The Standing Of Anger: Insights From The Debate(S) On Constructed Emotion, Andrew Holzer

CMC Senior Theses

In her book, Anger and Forgiveness: Resentment, Generosity, Justice, Martha Nussbaum argues that anger is inherently flawed because it fundamentally contains the desire for payback. To support her argument, she posits specific metaphysical claims about the nature of emotions like anger. This thesis is an extended critique of her metaphysical foundation from the perspective of empirical research in the neuroscience of emotion. The first reason to dispute this picture is descriptive; this view of anger is based on an outdated version of cognitive appraisal theory, which sees emotions as triggered directly by static moments of cognitive appraisal. The second …

Mental Imagery Contributes To Loss Aversion By Amplifying Negative Emotions, Daniel Kroshchuk

CMC Senior Theses

Defined as the experience of sensory information without the presence of external stimuli, mental imagery is thought to play a role in memory, emotional regulation, and decision-making. Recent studies suggest that mental imagery varies widely across the general population, with approximately 2-4% of individuals having a reduction or complete absence of visual imagination, a phenomenon known as aphantasia. Individuals with aphantasia show reduced emotional arousal to fear-inducing imagery, raising the question of how variation in imagery affects cognitive processes that are influenced by emotion. Specifically, in economic decision-making it has been shown that the prospect of loss triggers negative emotions, …

Assessing The Opportunities And Risks Of Extraction In The Lithium Triangle, Jennifer Cuahutencos

CMC Senior Theses

Climate change mitigation efforts have grown in recent years, giving rise to energy transition technologies, including electric vehicles and grid storage, which rely heavily on lithium. The resulting acceleration of lithium demand poses an opportunity for Argentina, Bolivia, and Chile – collectively referred to as the Lithium Triangle, where more than half of the world’s lithium resources are found – to produce lithium as a way of generating revenue that can be redistributed to increase social well-being. Despite the enticing opportunity, lithium extraction has several socioecological and economic risks that may make lithium extraction a futile endeavor. This thesis aims …

More Than A Feeling: Exploring The Drivers Of Music Catalog Values, Emily Nutting

CMC Senior Theses

This paper examines which characteristics of songs affect transaction price in the sale of artist’s music catalogs. My analysis tests many variables, including the number of years between the song’s release its catalog’s sale (age); the natural log of the number of Spotify streams the song has (popularity); the genre of the song; themes in the song, such as dating, violence, romance, obscenity, sadness, and feelings; and elements of the song like danceability, energy, loudness, instrumentalness (the prevalence of instrumentals relative to vocals in a song), and acousticness (the measure of sound made using instruments as opposed to electronic means). …

Capturing Value In Emerging Markets: A Real Options Perspective On Resilience And Risk, Alexander Castillo

CMC Senior Theses

This paper examines the evaluation of investment opportunities in emerging markets (EMs) through real options analysis, against the backdrop of their unique risk profiles and the recent trend of EMs exhibiting resilience in economic performance. While EMs are associated with high growth rates and infrastructure gaps, they have shown adaptability, particularly in monetary policy responses to inflation. This paper explores the sensitivity of net present value (NPV) and real options (RO) to changes in the capital asset pricing model, adapting the yield spread to capture default risk and local risk-free rates. Utilizing oil benchmark price data, the paper constructs a …

Does The Constitution Follow The Flag? The Paradox Of Puerto Rican Identity And Citizenship, Laura Somoza Velez

CMC Senior Theses

How do identity and citizenship interact? Puerto Rico’s current political status is that of an unincorporated, organized territory of the United States, under the shiny title of ‘Commonwealth.’ Although they have US Citizenship, Puerto Rican residents aren’t protected by the US Constitution. This source of dual identification, American and Puerto Rican, creates a unique circumstance where questions of identity, and belonging naturally arise. In this thesis, I aim to answer how the citizenship condition created in Puerto Rico and how it is experienced measure up to current debates and scholarship surrounding citizenship. Achieved through a historical analysis of the formation …

China’S Strategic Calculus: A Comparative Analysis Of China’S Approaches Towards The Philippines And Vietnam In The South China Sea Dispute, Letian Wang

CMC Senior Theses

The South China Sea (SCS) dispute is a longstanding territorial conflict involving several surrounding states. In this paper, I analyze the differences in China’s policies towards the Philippines and Vietnam as China exerts its expansion into the SCS using relevant International Relations theories. The Philippines’ democratic values, alliance with the U.S., small-scale volume of trade with China, and active strategies against China all contradict China’s interests to be the regional hegemonic power. In contrast, Vietnam’s socialist regime, alliance with China, substantial trade with China, and passive strategies do not contradict China’s interests as much and even comply with them. Hence, …

The Effect Of Tommy John Surgery On Mlb Starting Pitcher Performance, 2017-2023, Jake Tracey

CMC Senior Theses

This thesis investigates the effect of Tommy John surgery on MLB starting pitcher performance for the 2017-2023 MLB seasons. The paper uses data from the sources Statcast (BaseballSavant.mlb.com) and BaseballReference.com, focusing on various conventional and advanced performance statistics for MLB starting pitchers as well as their salary. Using the Ordinary Least Squares (OLS) regression model, the thesis measures the significance of the dummy variable Tommy John surgery on various pitching statistics to see how the surgery affects performance for MLB starting pitchers. The regressions measure the effect of Tommy John surgery on a pitchers era, wins, weighted on base average …

Speaking To Maryland’S Eastern Shore: Lessons For Candidates Looking To Earn The Watermen Vote, Maryum Khwaja

CMC Senior Theses

One of the thirteen original states, Maryland is located on the East Coast. It consists of two main sections that are separated by the Chesapeake Bay: the Eastern Shore, which is east of the Chesapeake, and mainland Maryland, west of the Chesapeake. As a whole, Maryland is a blue state. The East Shore is different: it has Republican House member, Andy Harris, and holds different values from the rest of the state, and it votes differently, too. In the 2020 election, Biden won the statewide vote 65-32 percent – but Trump carried Harris’s district 56-42 percent.

The people of the …

From The Barrel To The Border: Exploring The Roots And Ramifications Of Gun Trafficking From The United States To Mexico, Alexandra Punishill

CMC Senior Theses

Nowhere is the discussion surrounding gun violence more prominent than in the United States, with the impacts of our gun-friendly culture being felt around the world. This thesis analyzes the dynamics of gun trafficking from the United States to Mexico and sheds light on its role in fueling the epidemic of gun violence south of the border. It is argued that the particular system of federalism adopted by the United States has led to a variety of state-level gun regulations that have shaped domestic gun policy and have had an international impact. Despite Mexico’s persistent efforts to combat the gun …