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Articles 1 - 11 of 11

Full-Text Articles in Social and Behavioral Sciences

Shirking In The National Hockey League, Luke D. Cain Jun 2011

Shirking In The National Hockey League, Luke D. Cain

Honors Theses

Shirking has been examined in baseball and basketball, but never hockey. If Shirking is found to be evident in hockey, then management should give players shorter contracts and should pay a discount price if a long‐term contract is given. The dependent variable for this study is shirking. There are many different independent variables and they are all different measures of performance (except for dummy variables for team and position). Most studies of hockey have minimal measures of performance, which are usually offensive statistics, but I will include defensive statistics as well. The sample for the study is players who participated …


Middle Class Political Competition And Economic Growth, Jorge A. Enriquez Murillo Jun 2011

Middle Class Political Competition And Economic Growth, Jorge A. Enriquez Murillo

Honors Theses

Middle class individuals play a fundamental role in countries’ political and economic spheres. Their political demands for a fair tax system and public goods provisions enhance positive economic performance and development. A large share of income held by the middle class, according to Easterly (2001), is positively related to economic growth and political stability. Similarly, Alesina and Rodrik (1994) –among other political economic studies- highlight that a well-endowed median voter population influences the implementation of growth-enhancing economic policies. This study examines the interplay between political competition and a politically active middle-class and its subsequent effect on economic growth. The dependant …


Culture Macroeconomics Adjustments And Economic Growth, Schuyler R. Hooper Jun 2011

Culture Macroeconomics Adjustments And Economic Growth, Schuyler R. Hooper

Honors Theses

This paper argues that culture is the underlying determinant causing the delays and massive social costs sometimes seen as countries attempt to stabilize after experiencing external shocks. While there have been significant ties between culture and economic performance in the past, as in Tabellini (2008) and Licht et al. (2007), this paper argues that culture matters more during periods of disequilibrium than it does during times of equilibrium. The empirical methodology for this paper closely mirrors that of Rodrik (1999), in which he proposed that latent social conflicts and poor institutions of conflict management were the reasons for delayed adjustments …


Reform In The Credit Rating Industry, Ronald D. Knox Jun 2011

Reform In The Credit Rating Industry, Ronald D. Knox

Honors Theses

Ninety three percent of all AAA-rated subprime mortgage backed securities issued in 2006 were downgraded to junk bond status subsequent to the financial crisis. The credit rating agencies clearly failed to give the early warning signs on these and numerous financial products that went bust. This thesis investigates the role of credit rating agencies in the functioning of financial markets and proposes policy changes to reform this industry. The sources of market failures in this industry can be traced to conflicts of interest, barriers to entry, lack of accountability, and asymmetric information. I propose three possible reforms to improve the …


Applying Fair Division To Global Carbon, Emily D. Lacroix Jun 2011

Applying Fair Division To Global Carbon, Emily D. Lacroix

Honors Theses

The world climate policy debate has come to a political standstill between devel-oped and developing countries. They cannot agree on a “fair” manner to decide how much each country is allowed to pollute, and who should pay for pollution abate-ment costs. The United States and developed countries believe that all countries should participate and reduce their carbon dioxide emissions to their 1990 levels be-cause everyone will benefit. By contrast, developing countries believe that developed countries should be required to do the majority of the emission abatement because they cause the majority of the pollution. Carsten Helm [2008] proposed an unconventional …


Foreign Direct Investment Response Following Intellectual Property Rights Reform, Samuel G. Lundquist Jun 2011

Foreign Direct Investment Response Following Intellectual Property Rights Reform, Samuel G. Lundquist

Honors Theses

Over the past several decades, Foreign Direct Investment (FDI) flows across the globe have increased markedly. During this same period, a large number of countries have strengthened their Intellectual Property Rights (IPRs) regimes in response to global legislative changes such as the Agreement of Trade-Related Aspects of IPRs or domestic policy initiatives. In this thesis, I empirically investigate the impact of IPR reform on FDI activity. I use a panel data set that consist of FDI flows from Germany and US into 15 host countries over a 24 year time period. As a proxy for IPR regime change I use …


The Impact Of The 2005 Collective Bargaining Agreement On Competitive Balance In The National Hockey League, John L. Simpson Jun 2011

The Impact Of The 2005 Collective Bargaining Agreement On Competitive Balance In The National Hockey League, John L. Simpson

Honors Theses

After a lockout that canceled the 2004‐05 season in the National Hockey League (NHL), the owners and players reached a collective bargaining agreement (CBA) that instituted a ‘hard’ salary cap, a modified revenue sharing system, and changes in free agency. The principal motivation for the new agreement was to raise competitiveness among the teams, in order to generate greater revenue and profitability and to support higher player salaries. The purpose of this study is to evaluate the impact of the CBA on competitive balance within the NHL and identify the principal determinants of the changes in competitiveness among the teams. …


The Sex Generation: The Impact Of Teen Attitudes Views And Knowledge Of Contraceptives And Sexual Activity On The Teen Pregnancy And Std Rates In The United States, Haritha Sishtla Jun 2011

The Sex Generation: The Impact Of Teen Attitudes Views And Knowledge Of Contraceptives And Sexual Activity On The Teen Pregnancy And Std Rates In The United States, Haritha Sishtla

Honors Theses

Among all industrialized nations, the United States faces the highest rates of teen pregnancies and sexually transmitted diseases (STDs). Previous studies have indicated that teens use engagement in sexual activity as a social mechanism to gain popularity among their peers. This paper focuses on two issues: social factors such as peer perceptions towards other peers engaging in sex and using contraceptives, and assesses the level of knowledge teens have about sex, STDs, pregnancy, and contraceptives that could have an effect on the teen pregnancy and STD rates in the United States. Cross-sectional data from Waves I and II (1994-96) National …


Following The Herd: An Economic Analysis Of The Effects Of Herd Mentality On The U.S. Housing Bubble, Michael P. Spicer Jun 2011

Following The Herd: An Economic Analysis Of The Effects Of Herd Mentality On The U.S. Housing Bubble, Michael P. Spicer

Honors Theses

One focus of economics in the recent years has been the integration of human behavior, including that of herd behavior, into economic thought. Herd behavior can be defined as the way that individuals, who have private information, end up acting together as a group inadvertently, without planned action. It is thought to be caused by incomplete information and subsequently information cascades. Does this behavior exist, and if it does, did it have any effect on the recent housing market? The last twelve years provide a good opportunity to test whether or not herd behavior exists in the housing market, and …


Do Medical Technology And Healthcare Spending Affect Health Outcomes?, Chandni V. Vaid Jun 2011

Do Medical Technology And Healthcare Spending Affect Health Outcomes?, Chandni V. Vaid

Honors Theses

Healthcare expenditures have been on the rise for many countries, especially for the developed countries. As of 2009, Japan, Australia and Canada are spending around 8 to 10% of their total GDP on healthcare, while the United States is currently up to 16%. One of the major factors contributing to increased expenditures on healthcare is the emergence of medical technology. Using data from the Organization for Economic Co-operation and Development (OECD), I empirically investigate the effects of medical technologies and healthcare expenditure on health outcomes for a group of 17 countries. Medical technology is measured by the number of MRI …


Regional Variation In The Length Of Hospital Stay And Insurance Coverage: A State-Wide Variation In Length Of Stay And Insurance Types, Samuel S. Yoon Jun 2011

Regional Variation In The Length Of Hospital Stay And Insurance Coverage: A State-Wide Variation In Length Of Stay And Insurance Types, Samuel S. Yoon

Honors Theses

With the continuously growing healthcare expenditure, it is important to examine the causes of this phenomenon. Length of hospital stay is one possible cause. Using the panel data from 2001 – 2008 Healthcare Cost and Utilization Project, Statehealthfacts.org, Center for Disease Control and Prevention Behavioral Risk Factor Surveillance System, Almanac of Hospital Financial & Operating Indicators 2007, and Current Population Survey March Supplements, this paper utilizes regression analysis to investigate geographic variation on the length of stay, focusing on the relationship between the different insurance types and the length of stay. As a variety of insurance types offers different reimbursement …