Economics Commons^™

The Economics Behind The Legalization Of Sports Gambling And Financial Market Relations, John Bassham

Finance Undergraduate Honors Theses

With the recent legalization of sports gambling, it has become a popular spectacle among sports fans and financial analysts pursuing an understanding of it. This thesis dives into the meticulous relationship between sports gambling and economic factors/financial market relations using academic literature to understand the relationship.

The thesis explores sports gambling from an economic standpoint using incentives to understand the market participants and economic advantages and disadvantages. It also uses academic literature and analytics to make a case for market efficiency while also delving into particular inefficiencies.

Furthermore, this thesis uses characteristics of the stock market in comparison of the …

The Mathematics Of Financial Portfolio Optimization Incorporating Environmental, Social, And Governance Score Information, Ian Driskill

Master's Theses

We numerically investigate the effects that Environmental, Social, and Governance (ESG) scores have on portfolio optimization with Modern Portfolio Theory assumptions and how ESG scores correlate with the market returns of a rated company's stock. Additionally, we review and analyze a research paper published in the Journal of Financial Economics regarding ESG investing titled “Responsible investing: The ESG-efficient frontier” by Pedersen, Fitzgibbons, and Lukasz. Our overall goal is provide insight for socially responsible inclined investors, to help them understand what ESG scores tell us and how those scores may effect their overall investment returns."

An Account And Reflection Of What Has Allowed Poland To Have A Successful Transformation From Communism To A Free-Market Economy: How Foreign Investment And Poland's Tax Code Has Stimulated Economic Growth And What Ukraine Can Learn When Rebuilding Its Economy., Gunnar Krug

Finance Undergraduate Honors Theses

I have always had a deep fascination with history, mainly European history. This academic thesis is a perfect opportunity to blend my learnings from the Sam M. Walton College of Business with my lifelong passion for European history. My paper is about finding a specific policy during Poland’s transformation from a centralized economic communist country to a free market democratic country and using that to help stimulate Ukraine’s economic recovery postwar with Russia. I traveled to Poland for about a week to get the best understanding of what Poland’s recovery looked like, not just in terms of economic numbers but …

Bull Spit, Sirena Nieves, Sirena M. Nieves

Electronic Theses and Dissertations

BULL SPIT, formally known as “It’s Bullshit!!”, is an exhibition consisting of seven sculptures, four installations, and one performance. The sculptures are informed by my research on low-income, working-class communities of color, analogous to the one I grew up in. The materials for my work include domestic objects such as bedsheets, hardware, uniforms, and miscellaneous items that reflect the contemporary dysfunctional dynamics between families and communities of low-income backgrounds. Cardboard, plastic bags, Styrofoam, and paper are disposable materials manipulated into abject forms to integrate the survival practice developed from the poverty culture of “making the most out of nothing.” …

Bidding Strategy For A Wind Power Producer In Us Energy And Reserve Markets, Anne Stratman

Department of Electrical and Computer Engineering: Dissertations, Theses, and Student Research

Wind power is one of the world's fastest-growing renewable energy resources and has expanded quickly within the US electric grid. Currently, wind power producers (WPPs) may sell energy products in US markets but are not allowed to sell reserve products, due to the uncertain and intermittent nature of wind power. However, as wind’s share of the power supply grows, it may eventually be necessary for WPPs to contribute to system-wide reserves. This paper proposes a stochastic optimization model to determine the optimal offer strategy for a WPP that participates in the day-ahead and real-time energy and spinning reserve markets. The …

Get Smart About Your Money, Sharonda Singleton Brown, Imani Beverly, Jacquelyn J. Daniel

Georgia Library Quarterly

“Get Smart About Your Money” was an event held at the Atlanta University Center (AUC) Robert W. Woodruff Library for Money Smart Week 2023. The goal of the event was to introduce the new business librarian, promote financial literacy in the Atlanta University Center community, and participate in National Money Smart Week.

Mergers And Acquisitions In The Us Nursing Home Industry, Wenqing Li

Legacy Theses & Dissertations (2009 - 2024)

This dissertation provides a comprehensive exploration of the strategic formation and outcomes of horizontal Mergers and Acquisitions (M&As) in the US nursing home industry. We delve into two central themes that underpin the strategic decisions and implications of M&A activities in the U.S. nursing home industry.

Social Security Disability Applications: Seasonality, Cross-Sectional Correlations, And The Covid-19 Pandemic, Yimeng Yin

Legacy Theses & Dissertations (2009 - 2024)

This dissertation investigates three important topics related to the time pattern and the inter-state heterogeneity of the application volumes of the two public disability programs run by the U.S. Social Security Administration (SSA) — Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI).

The Lottery Colonel Blotto Game With Draws, Jingzhi Liu

Behavioral and Computational Economics (MS) Theses

This study presents a novel exploration of the lottery Colonel Blotto game. This adaptation introduces the possibility of draws or ties, moving beyond the traditional winner-take-all framework. The inclusion of the possibility of a draw allows for a more realistic depiction of contests where players may arbitrarily split the value of a battlefield in the absence of a decisive victory. Our model is characterized by the number of battlefields, battlefield values that may vary across battlefields, but are symmetric across players, the distinct player shares of each battlefield value captured in the event of a draw, the potentially asymmetric budgets …

The Catalyst For Preservation: Assessing The Impact Of Historic Tax Credit Leverage On Surrounding Property Values In The State Of South Carolina, John Sutton

All Theses

The historic rehabilitation tax credit, in its many forms, is the single greatest driver of historic preservation investment in the United States. Despite this, very little research has been done regarding the secondary effects of historic tax credit leverage. The goal of this thesis is to assess the impact that substantial historic tax credit projects have had on the value of the properties that surround them in the state of South Carolina. Property tax assessment records were solicited from three different county governments within South Carolina to analyze the change in the assessed value induced by the introduction of tax …

Do Unions And Collective Bargaining Impact Economic Inequality In Oecd Nations?, Brady D. Crosby

Political Science Theses and Capstones

The decline of unionization has coincided with a dramatic increase in income and wealth inequality within countries across the world. Many theories in the existing literature have been proposed to explain both trends, including technology/automation, globalization and shifts in public policy. I analyze the impact of collective bargaining rates and union density on economic inequality. To test the connection between collective bargaining, labor unions and inequality, I use a series of statistical tests, including basic correlation tests, as well as a series of linear regression tests with Gini, union density, collective bargaining among other variables. The results show a moderately …

Drip Irrigation And Water Conservation In Onions; An Economic Analysis, Jenny De Boer

All Graduate Reports and Creative Projects, Fall 2023 to Present

Water diversions for irrigated agriculture have contributed to increased water stress in drought prone areas across the globe. Previous research finds that farmers increase irrigation intensity per unit of product grown, increase total area under irrigation, and switch to more water intensive crops to increase yields and compensate for the cost of drip irrigation installation. Other studies have shown that drip irrigation can produce yields that parity surface irrigated yields or even surpass them using less water and increasing profits. Ultimately this plot trial showed drip irrigated onion yields were 6.31% greater than surface irrigated onion yields using an average …

Persuasion As A Function Of Celebrity, Argument Complexity, And Need For Cognition, Stratton Stave, Blair T. Johnson Dr., Lisset Martinez-Berman, Matthew B. Jané

Honors Scholar Theses

With advertising commanding so much money as an industry, it is critical to determine what people like or do not with ads. Our focus was on three main factors within advertising, two dimensions within how the advertisement is presented, one based on the person reading the ad. The two dimensions based on presentation were the complexity of the ad, done the first time by omitting letters from the ad and the second time by swapping letters within words, and celebrity endorsement, comparing popstar Taylor Swift’s to Alicia Steele, an AI-generated celebrity. We also measured Need for Cognition (NFC), the level …

How Do Immigration And Technological Growth Affect One Another? Providing Guiding Principles For Policymakers, Nate Karren

All Graduate Reports and Creative Projects, Fall 2023 to Present

The relationship between immigration and technological growth is more nuanced than a simple statement of positive or negative correlation. How one affects the other varies depending on the skill level of the immigrant and the field where they work. Conclusions drawn by the literature form patterns that can be used to best understand the relationship between immigration and technology. High-skilled immigration boosts technological development through a complementary relationship, but low-skilled immigration can be a complement or a substitute with technological growth depending on the sector. Policymakers interested in promoting long-term economic growth through technological growth should have a clear picture …

The Effect Of Crime On Mental Health In South Africa, Magda Tsaneva, Lauren-Kate Laplante

Economics

This paper examines the impact of district-level crime rates in South Africa on individual depression symptoms. We use panel data from the National Income Dynamics Survey collected between 2008 and 2014 and estimate an individual fixed effects regression model, thus controlling for characteristics of the individual's environment that could affect crime and mental health. We find that an increase of one standard deviation in property (violent) crime is associated with a 7.2 (8.7) percentage point increase in the probability of depression symptoms. Analysis of potential mechanisms suggests that indirect exposure to crime likely affects mental health by increasing stress rather …

Essays On The Labor Market Outcomes And Location Choices Of Military Veterans, Brian Bifulco

All Dissertations

The economic outcomes of military veterans are a persistent source of interest for economists, policy analysts, and the public in the United States. Veterans' outcomes bear directly on the decision of prospective recruits to join the military and current service-members to exit the military, informing policymakers about the long-term sustainability of the all-volunteer force. This dissertation focuses on veterans' economic outcomes by examining their relationship with market entry conditions and the location decisions veterans make when they exit the military.

Chapter 1 examines the earnings and employment outcomes of new military veterans associated with market entry conditions. This chapter intersects …

Better Understanding The Risks And Costs Of Motherhood In The Post-Roe United States, Mackayla Wall

Honors Theses

This paper reviews the literature on the risks and costs of motherhood. The paper compares and analyzes various studies conducted between 1990 and 2023 relating to family planning, pregnancy, and maternal health in America. Changes in healthcare legislation and policies, as well as access to contraception and abortion, have all had an impact on the economic costs of pregnancy and motherhood. These changes emphasize the importance of better understanding the economic costs of pregnancy and motherhood in all its stages— from timing pregnancy to recovering from pregnancy and birth and experiencing childrearing costs. When analyzing previous studies, I discovered that …

How To Get Away With Insider Trading And How To Stop It?, Blade H. Kisler

Honors Theses

The realm of investing, while promising, is often clouded by complexity and opacity, exacerbated by the prevalence of insider trading. This unethical practice allows select individuals to amass vast fortunes by exploiting confidential information unavailable to the public. Particularly alarming is the possibility of insider trading within Congress, where lawmakers wield privileged access to non-public information and could possibly engage in lucrative stock transactions. This paper delves into specific coincidences of Congressional stock trading to underscore the systemic nature of this phenomenon among influential figures.

De-Escalating The United States-China Trade War Using A Global Conflict Resolution Methodology Framework, Angelina Kapp

Undergraduate Honors Theses

How can the United States and China collaboratively de-escalate their current trade relationship using a conflict resolution methodology to foster economic growth and foreign investor confidence in the evolving landscape of global trade? This paper will serve as a guide to those wanting to gain a comprehensive understanding of the macroeconomic causes and impacts of the contentious trade war between the U.S. and China. The year 2018 can be attributed to the start of the war when then-President Donald Trump implemented tariffs on Chinese goods and products. These back-and-forth financial and economic measures have been continually imposed to this day …

To Tip Or Not To Tip: An Analysis Into Prompted Tipping, Jared Dingman

Theses/Capstones/Creative Projects

Giving tips (or gratuities) in restaurants in the United States has been and is currently a hotly debated and discussed topic. Concerns regarding proper compensation have been raised, but there is a need for empirical evidence to investigate and solve potential issues of compensation. This honors thesis aimed to answer two questions: Whether restaurant patrons tip more when prompted with tipping percentages, and whether those who have worked in the tipping industry tip more than those who have not. I administered a brief survey with tipping scenarios to gauge prompted and unprompted tipping behaviors. With these scenarios, demographic information was …

Economic Anomalies Following The Handover Of Hong Kong, Nathan Martin

Economics Undergraduate Honors Theses

This paper seeks to examine and provide a possible explanation for economic anomalies in Hong Kong following its handover to China. Hong Kong was on a 99-year lease to the United Kingdom from China before being handed back over July 1^st, 1997. Due to the “one country, two systems” policy espoused in the handover agreement that was to be implemented for fifty years, this event marks a rare natural experiment of a peaceful regime change without a significant change in governance. This paper seeks to understand the impact of the act of regime change on selected key macroeconomic …

The Digital Pivot: Exploring Credit Card And E-Payment Utilization In Direct-To-Consumer U.S. Agriculture, Amanda Thomsen

Economics Undergraduate Honors Theses

This study examines the adoption of electronic payment systems within direct-to-consumer (DTC) transactions in U.S. farmers' markets to draw broader implications for small business strategy. Through primary and secondary data sources, this paper assesses the impact of electronic payment integration on consumer behavior and market dynamics. The analysis reveals significant disparities in payment system adoption across different geographic and demographic landscapes. Regions with higher adoption of credit card systems at farmers' markets are predominantly urban and higher-income areas, suggesting a correlation between market access to technology and economic status. Consumer data further indicates that the availability of electronic payment options …

Community Development In Stann Creek, Belize, Connor O'Neill

Economics Undergraduate Honors Theses

This research attempts to understand the inner workings of community development by taking part in ongoing development projects in Belize. Through collaboration with existing government entities, we took part in meetings, surveys, and site visits to gather the data necessary for the development projects. These projects consisted of finding cost of production, collecting market research, and constructing business plans. During our time, we experienced multiple difficulties similar to those that developers consistently encounter. Ultimately, we gained valuable insight into procedures involved in community development, as well as being able to aid in ongoing development work.

Bundling In Advance Sales: Theory And Evidence From Round-Trip Versus Two One-Way Tickets*, Diego Escobari, Paan Jindapon, Nicholas G. Rupp

School of Economics and Finance Faculty Publications

We theoretically derive an optimal price for a bundle of two goods that are sold in advance to risk-averse buyers. The theory predicts that a round-trip ticket is less expensive than two one-way tickets when demands for the outbound and the inbound are uncertain and positively correlated. Using a unique airlines dataset, we find evidence that is consistent with the theory; round-trip bundle discounts exist and they are larger for passengers who buy early in advance, stay on a Saturday night, and have higher valuations. We also find that the bundle discounts decrease with competition.

Gender Equity In Labor Market Opportunities And Aggregate Technical Efficiency: A Case Of Equity Promoting Efficiency, Gautam Hazarika, Maroula Khraiche, Levent Kutlu

School of Economics and Finance Faculty Publications

This study applies a panel data stochastic frontier analysis to country data towards examining the effect of gender equity in labor market opportunities upon efficiency in the production of GDP. It finds that aggregate technical efficiency is improved by a widening of women’s labor market opportunities as indicated by a rise in their share of employment, but that this effect is dampened by patriarchal cultural norms whose strength is measured by the proportion of the population tracing its ancestry to ethnic groups who adopted the plough as an agricultural implement. That aggregate technical efficiency rises in women’s share of employment …

The Design Of Environmental Policy For The Olive Oil Sector In The Presence Of Eco-Friendly Firms, Luis Gautier

Economics Faculty Publications and Presentations

The olive oil sector in the European Union has recently exhibited an increase in the production of eco-friendly olive oil, which is consistent with the policy goals of increasing the production of eco-friendly products and addressing environmental degradation. Under current Common Agricultural Policy (CAP) 2023–2027 regulations, environmental policy in the European Union is predominantly of the command-and-control type with less emphasis on market-based policies. We study the design of environmental policy by comparing an emission tax (market-based policy) and a relative binding standard (command-and-control policy) in an industry where firms are transforming themselves into eco-friendly firms. We argue that an …

Expanding The Access To Kidney Transplantation: Strategies For Kidney Transplant Programs, Angie Nishio Lucar, Ankita Patel, Shikha Mehta, Anju Yadav, Mona Doshi, Megan Urbanski, Beatrice Concepcion, Neeraj Singh, M. Lee Sanders, Arpita Basu, Jessica Harding, Ana Rossi, Oluwafisayo Adebiyi, Milagros Samaniego-Picota, Kenneth Woodside, Ronald Parsons

Department of Medicine Faculty Papers

Kidney transplantation is the most successful kidney replacement therapy available, resulting in improved recipient survival and societal cost savings. Yet, nearly 70 years after the first successful kidney transplant, there are still numerous barriers and untapped opportunities that constrain the access to transplant. The literature describing these barriers is extensive, but the practices and processes to solve them are less clear. Solutions must be multidisciplinary and be the product of strong partnerships among patients, their networks, health care providers, and transplant programs. Transparency in the referral, evaluation, and listing process as well as organ selection are paramount to build such …

Teaching Financial Econometrics To Students Converting To Finance, Stan Hurn, Peter C. B. Phillips, Vance Martin, Jun Yu

Cowles Foundation Discussion Papers

Financial econometrics is a dynamic discipline that began to take on its present form around the turn of the century. Since then it has found a permanent position as a popular course sequence in both undergraduate and graduate teaching programs in economics, finance, and business schools. Because of the breadth of the subject’s foundations, its extensive coverage in applications and because these courses attract a wide range of students with accompanying interests and skill sets that cover diverse areas and technical capabilities, teaching financial econometrics presents many challenges to the university educator. This chapter addresses some of these challenges, provides …

Supply Chain Disruptions And Supplier Capital In U.S. Firms, Ernest Liu, Vladimir Smirnyagin, Aleh Tsyvinski

Cowles Foundation Discussion Papers

We empirically and quantitatively study the impact of supply chain disruptions on U.S. businesses. Leveraging granular shipment-level data on the universe of U.S. seaborne imports with nearly 200 million observations, we construct a measure of disruptions at the individual firm level for the time period 2013-2023. We document a significant heterogeneity in disruption rates among U.S. public firms, with a notable increase observed in recent years. We introduce a notion of supplier capital and investigate the effect of supply disruptions on firms’ investment decisions. In the data, firms tend to increase investment in supplier capital following the shock, however, financially …

Borderplex Business Barometer, Volume 8, Number 5, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.