Information Loss In Volatility Measurement With Flat Price Trading,
2023
Singapore Management University
Information Loss In Volatility Measurement With Flat Price Trading, Peter C. B. Phillips, Jun Yu
Research Collection School Of Economics
A model of financial asset price determination is proposed that incorporates flat trading features into an efficient price process. The model involves the superposition of a Brownian semimartingale process for the effcient price and a Bernoulli process that determines the extent of price trading. The approach is related to sticky price modeling and the Calvo pricing mechanism in macroeconomic dynamics. A limit theory for the conventional realized volatility (RV) measure of integrated volatility is developed. The results show that RV is still consistent but has an inflated asymptotic variance that depends on the probability of flat trading. Estimated quarticity is …
The Impact Of The "Whistle-To-Whistle" Ban On The Frequency And Placement Of Gambling Advertising On Uk Television,
2023
The University of Sheffield
The Impact Of The "Whistle-To-Whistle" Ban On The Frequency And Placement Of Gambling Advertising On Uk Television, Ellen Mcgrane, Elizabeth Goyder, Rob Pryce, Matt Field
International Conference on Gambling & Risk Taking
Abstract
Introduction:
There are currently no legally enforced restrictions on the broadcast time of gambling advertising on UK television. In August 2019, the Industry Group for Responsible Gambling (IGRG) introduced a voluntary policy which limited advertising around live sports, creating a “safe” window of 5 minutes either side of a match, known as the “Whistle-to-Whistle” period. This policy intended to protect young and vulnerable people from the widespread exposure to gambling adverts on television during pre-watershed (9pm) live sports games.
Methods:
This study will employ panel data statistical models to explore the change in pre-watershed gambling advertising around live sports, …
The Effect Of Television Advertising On Gambling Behaviour: A Quasi-Experimental Study During The 2022 Qatar Fifa World Cup,
2023
The University of Sheffield
The Effect Of Television Advertising On Gambling Behaviour: A Quasi-Experimental Study During The 2022 Qatar Fifa World Cup, Ellen Mcgrane, Rob Pryce, Matt Field, Elizabeth Goyder, Luke Wilson
International Conference on Gambling & Risk Taking
Abstract
Introduction:
The pervasiveness of gambling advertising and its relationship with football have been identified as areas of concern in the UK. Following the liberalisation of advertising laws in the 2005 Gambling Act, there has been increasing recognition of its public health impact. To date, there is a lack of evidence of the impact of advertising on behaviour in “real-world” settings.
Methods:
This study employs a natural experiment measuring the impact of television gambling advertising on the frequency of impulsive football bets placed during the World Cup. Longitudinal betting data collected from a sample of men (aged 18-45) will be …
Can Sports Gambling Become The Fount Of Revenue Consistency?,
2023
Boston College
Can Sports Gambling Become The Fount Of Revenue Consistency?, Richard A. Mcgowan
International Conference on Gambling & Risk Taking
Critics of legalization of gambling maintain that gambling revenue is at best stagnate or will eventually fall as a source of revenue. The stagnation of Lottery proceeds and casino revenue as sources of revenue seemed validate this criticism. But a new source of gambling revenue has recently been championed, namely sports gambling. So, the question this paper will attempt to answer is: Can sports gambling produce consistent and growing revenue that are needed to sustain public policy initiatives?
The legalization of sports gambling in NJ occurred on June 11th, 2018 and the first bet was placed on June 14th. New …
The Application Of Transactional Fairness To The Gambling Sector,
2023
University of Nevada, Las Vegas
The Application Of Transactional Fairness To The Gambling Sector, Seamus Mcgowan, Adam Rivers
International Conference on Gambling & Risk Taking
The idea of ‘fairness’ in consumer protection has been discussed for a long time. However, more recently there has been a renewed focus on the use of unfair pricing practices and terms in consumer markets and regulators and lawmakers are responding. Practices which can be considered unfair often emerge as companies develop new and innovative ways to engage with consumers including offering different prices and / or terms to different sets of customers.
Being ‘fair and open’ is an important principle for gambling regulation. In that context, this paper focusses on fairness in gambling markets and seeks to develop a …
Know When To Hold’Em Unpacking The Determinants Of Table Player Win / Loss And The Elasticity Of Table House Advantage,
2023
University of Nevada, Las Vegas
Know When To Hold’Em Unpacking The Determinants Of Table Player Win / Loss And The Elasticity Of Table House Advantage, Clayton Peister
International Conference on Gambling & Risk Taking
Know when to hold’em
Unpacking the determinants of table player win / loss and the elasticity of table house advantage
Overview
There is significant disagreement about the role of house advantage (HA) in player value. For instance, the operations team often seek to introduce games with high HA, under the assumption that marginal improvements in HA translates into higher house win. By contrast, many casino marketing professionals argue that higher HA only reduces playtime and that a player’s budget is generally fixed. Leveraging over 300m individual player decisions from a major online Asian operator, we explore the role of HA …
Equalizing Postsecondary Transition For At-Promise Youth Receiving Special Education Services: A Chance To Succeed,
2023
University of San Diego
Equalizing Postsecondary Transition For At-Promise Youth Receiving Special Education Services: A Chance To Succeed, Karla R. Sanchez
Dissertations
Postsecondary transition can be difficult for At-Promise Youth Receiving Special Education Services (APYRSES). Special educators supporting postsecondary transition often manifest traditional and institutionalized forms of oppressive education while dismissing collective values and beliefs.
This qualitative case study examined the beliefs and attitudes shared by three special education teachers after being introduced to a justice-focused, humanizing intervention to facilitate postsecondary transition for APYRSES. The conceptualized intervention was grounded in liberatory educational frameworks and drew from critical, culturally affirming, sustaining, and humanizing theories that foster cultural reciprocity, self-determination skills, and antiracist social–emotional justice learning to afford opportunities for APYRSES to succeed. The …
Bone Flute:Exploring Voices From The Margins Of Entrepreneurship With Expressive Therapies,
2023
Lesley University
Bone Flute:Exploring Voices From The Margins Of Entrepreneurship With Expressive Therapies, Cherith A. Pedersen
Expressive Therapies Dissertations
The problem under investigation is the lived experiences of marginalized entrepreneurs in Barbados. The group of entrepreneurs being explored have been marginalized culturally, institutionally, and resourcefully. The research questions were: How do marginalized entrepreneurs experience business-related encounters due to their identity? How does their identity and use of their “voice” in business situations, position them as businesspersons? Can photography illustrate how they see themselves as businesspersons? There were eight participants in the study, who ranged in age from 18 to 69 years. They were three females and five males who belonged to diverse marginalized identities such as a single mother, …
Gender Inequality And Economic Decline: A Comparative Analysis Of Gender Roles And Its Impact On Economic Development In Egypt And Iran,
2023
Fordham University
Gender Inequality And Economic Decline: A Comparative Analysis Of Gender Roles And Its Impact On Economic Development In Egypt And Iran, Kayla E. Joyner
Senior Theses
This thesis will demonstrate that increasing female labor force participation in Iran and Egypt will facilitate overall economic growth, reduce poverty rates, and increase family investment in education and health. There are three critical factors that I will examine that are significantly deterring female participation in the labor force in these two countries specifically: sociocultural values, legal barriers, and economic policies. By refusing to mobilize the increasing potential female labor force, Iran and Egypt are hindering the nation’s social and economic development.
Economicdevelopment In The Postcolonial And Postwar Era In East Asia: A Comparison Of Taiwan And South Korea,
2023
Fordham University
Economicdevelopment In The Postcolonial And Postwar Era In East Asia: A Comparison Of Taiwan And South Korea, Eliot R. Johnston
Senior Theses
This thesis examines the postwar political economy of South Korea and Taiwan, aiming to find how Taiwan achieved higher GDP per capita and lower corruption perception than South Korea when both countries carried out similar policies as they developed their economies. By comparing a historical overview of policy and outcome and taking economic measures, the thesis seeks to find a method that could be applied to other developing countries. Though the measurements used were insufficient to prove analysis, enough was found to give plausible suggestions for the difference in the outcome, such as the South Korean reliance on mega conglomerates …
Digital Job Growth In The Mountain West, 2002-2020,
2023
University of Nevada, Las Vegas
Digital Job Growth In The Mountain West, 2002-2020, Lana Kojoian, Miguel Soriano Ralston, Caitlin J. Saladino, William E. Brown Jr.
Economic Development & Workforce
This fact sheet examines data from the Brookings Institution report, “As the Digitalization of Work Expands, Place-based Solutions Can Bridge the Gaps,” which explores information on digital job growth in the U.S. The original report contains the digitalization scores of each state from 2002 to 2020 as well as scores for specific occupations. This fact sheet focuses on the digital job growth for each state in the Mountain West (Arizona, Colorado, Nevada, New Mexico, and Utah) and their metros.
Intricacies Of Agency: Rational Choice, Behavioral Economics, And Our Normative Commitments,
2023
College of the Holy Cross
Intricacies Of Agency: Rational Choice, Behavioral Economics, And Our Normative Commitments, Max Hendrix
Fenwick Scholar Program
This project undertakes a philosophical analysis of the intricacies of agency found in rational choice theory - the mainstream economic theory that agents are fundamentally rational and utilize their rationality to identify and pursue their self-interest. Recent experimental evidence within and outside of economics has cast doubt on the psychological accuracy and predictive prowess of the theory, laying the foundation to discuss the strengths and limitations of the theory as well as the impacts that this paradigm of agency has on our society today. I argue that rational choice theory struggles as a holistic conception of agency both from an …
The Unique Challenges Of The Carbon Offsetting And Reduction Scheme For International Aviation (Corsia),
2023
University of Windsor
The Unique Challenges Of The Carbon Offsetting And Reduction Scheme For International Aviation (Corsia), Olajumoke Abisola Rosemary Oginni
Major Papers
Air transportation is a particularly contentious issue in climate disputes. This concern is because they emit emissions like those produced by the combustion of fossil fuels. Consequently, the aviation industry is recognized as one of the top ten emitters in the world, with emissions expected to soar. As the emissions from the industry begin to rise, the increase raises serious environmental concerns about its global impact and influence on people on the ground. When non-CO2 effects are excluded, aviation emissions began to account for 2.1% of global emissions, leading the aviation industry, national governments, civil society, and international organizations to …
The Tax Effects Of Intergenerational Transfers: A Quantitative Exercise.,
2023
University of Windsor
The Tax Effects Of Intergenerational Transfers: A Quantitative Exercise., Belinda Ewuraadwoa Arhin Boateng
Major Papers
Economists predict transfer of wealth from one generation to the next due to increased global wealth. This transfer of wealth is predicted to widen already existing poverty gaps in some economies. Some economists have suggested the taxation of intergenerational transfers in a bid to increase government revenue and reduce the widening gaps between the poor and the rich. This study captures the key mechanisms at work in assessing the labour earnings reaction to changes in unearned income, emanating from gifts and bequests that heirs receive. Three theoretical models are developed to understand the labor earnings reaction with varying unearned income …
The Effect Of Quantitative Easing On The Financial Market In Canada,
2023
University of Windsor
The Effect Of Quantitative Easing On The Financial Market In Canada, Ashiqur Rahman
Major Papers
This empirical study examines the effects of quantitative easing (QE) on the Canadian financial market. Specifically, the study focuses on the Bank of Canada's Government of Canada Bond Purchase Program (GBPP), conducted during COVID-19 between 2020 and 2022. I use two analytical methods, e.g., event study and time series analysis, to quantify the impact of the Bank of Canada's large asset purchases on the 10-year government bond yield's term premium. The results indicate that the Bank of Canada's $260 billion asset purchases in 2020 would reduce the 10-year term premium by 34 basis points, which suggests the significant impact of …
Cuban Embargo: An Insufficient Measure To Encourage Us Foreign Policy Interests,
2023
University of Windsor
Cuban Embargo: An Insufficient Measure To Encourage Us Foreign Policy Interests, Esme Jm Prowse
Major Papers
This major paper examines the Cuban embargo as an ineffective hard power policy and explores the potential of soft, hard, and smart power as alternative approaches to resolve the failures of the 60-year-old blockade. The paper analyzes the historical context and rationale behind the embargo and assesses its impact on Cuban-American relations, regional stability, and U.S. national interests. The study argues that the embargo has failed to achieve its intended goals and has instead perpetuated a cycle of hostility, isolation, and human rights abuses. By drawing on the theoretical frameworks of soft, hard, and smart power, the paper presents policy …
An Introduction To The Bartik Benefit-Cost Model Of Business Incentives,
2023
W.E. Upjohn Institute for Employment Research
An Introduction To The Bartik Benefit-Cost Model Of Business Incentives, Timothy J. Bartik
Reports
This short report provides an introduction to a new model of the benefits and costs of business incentives to promote state economic development. This model provides potential users—anyone interested in evaluating an incentive project or incentive program in their state—with a model that can be used for practical evaluation purposes, such as deciding whether or not a project should be undertaken, whether or not to expand or terminate a current incentive program, or how an incentive program could be improved by reforms to have higher net benefits. What is most distinctive about the model is that it focuses on how …
Benefits And Costs Of An Incentive Project Or Program For State Residents: A Model For Flexible Use In Any State,
2023
W.E. Upjohn Institute for Employment Research
Benefits And Costs Of An Incentive Project Or Program For State Residents: A Model For Flexible Use In Any State, Timothy J. Bartik
Presentations
No abstract provided.
Bartik Benefit-Cost Model Of Business Incentives: A User’S Guide,
2023
W.E. Upjohn Institute for Employment Research
Bartik Benefit-Cost Model Of Business Incentives: A User’S Guide, Timothy J. Bartik
Reports
This “user’s guide” explains a model for evaluating state or local business incentives. These incentives include tax breaks provided by state and local governments to business, to encourage local job growth. The model is intended to be used by state legislative audit bureaus, state and local economic development agencies, university centers for business research, economic development consulting firms, or any group that wants to evaluate an overall economic development program, or individual economic development projects. Users provide information on the incentives provided, and the incented jobs, and the model then produces estimates of the effects of the program on jobs, …
Three Essays In The Economics Of Child Development And Health Inequities,
2023
Southern Methodist University
Three Essays In The Economics Of Child Development And Health Inequities, Travis Whitacre
Economics Theses and Dissertations
In chapter 1, I assess the long-term education and labor market effects of missed ADHD diagnoses. Doing so is challenging for two reasons. First, a person's true ADHD status is unobserved; only their diagnosed status is known. Second, even if diagnostic errors are observed, they are likely akin to non-classical misclassification errors and therefore endogenous. To overcome these empirical challenges, I use and extend on a partial observability model with genetic data from Add Health. Through the lens of the partial observability model. I recover an estimate of true ADHD status, and the probability of underdiagnosis. Then, I estimate their …
