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 …
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 …
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 …
Pandemic, Retail Sales And Local Economies: Evidence From Northeast Oklahoma,
2023
Northeastern State University
Pandemic, Retail Sales And Local Economies: Evidence From Northeast Oklahoma, Sanchari Ghosh, Brian Jackson, Ray Murphy
Mountain Plains Journal of Business and Technology
Early post-COVID pandemic studies focused on the macroeconomic impacts of that event on employment, income, healthcare costs, food security, etc. Yet there has been little emphasis on how changes in consumption spending patterns resulting from the pandemic affected retail sales and revenues, each of which are major contributors of growth for local economies. This study investigates these relationships by implementing retail pull and sales gap analyses to determine how non-metropolitan rural regions responded to consumption expenditures and retail sales before and after the pandemic. Using three cities of northeastern Oklahoma as a case study, retail pull factors at the city …
Exploring The Adoption And Impact Of Bitcoin: A Comparative Analysis,
2023
Eastern Washington University
Exploring The Adoption And Impact Of Bitcoin: A Comparative Analysis, Zachary S. Biedscheid
2023 Symposium
Bitcoin, a decentralized digital currency, has gained significant attention recently as a potential alternative to traditional financial systems. This research project aims to explore the adoption and impact of Bitcoin by conducting a comparative analysis of its use in different countries and regions. The study will begin by examining the history and evolution of Bitcoin, its underlying technology, and its potential advantages and disadvantages compared to traditional financial systems. The project will then investigate Bitcoin adoption in different regions, including North America, Europe, Asia, and Africa, by analyzing data from relevant sources such as surveys, news articles, and academic research. …
America Without A Minimum Wage: Why The Federal Minimum Wage Should Be Abolished,
2023
Liberty University
America Without A Minimum Wage: Why The Federal Minimum Wage Should Be Abolished, Zachary Cary
Helm's School of Government Conference
Minimum wage policy may be the greatest economic policy issue where the common man has a strong opinion. Nearly every person has a view of how minimum wage policy should be enacted, whether it be in raising the federal minimum wage, changing the scope of authority in the federal government, or another policy. However, in discussing any kind of policy, the key details of the policy must be discussed in the framework of both how it would be affected and how it would impact its stakeholders. In this policy analysis, the Iron Triangle of Public Policy – the key executive …
Breaking The Promise: The Burden Of Unfunded Liabilities On Future Generations,
2023
Liberty University
Breaking The Promise: The Burden Of Unfunded Liabilities On Future Generations, Thomas Savidge
Helm's School of Government Conference
This paper discusses the trillions of dollars in government debt accumulated by state governments as well as the costs of debt on future generations. It examines unfunded pension liabilities, unfunded other post-employment benefit (OPEB) liabilities, as well as state bonded obligations and the crowding out effect of public debt onto state budgets. The paper also discusses opportunities for reform that can help alleviate the debt burden on future generations. Data are collected from state annual comprehensive financial reports (ACFRs) as well as public pension and OPEB actuarial valuations.
The Economic Ferocity Of Policy,
2023
Liberty University
The Economic Ferocity Of Policy, Giana Depaul
Helm's School of Government Conference
Each day, as the Dow Jones rises and falls, Congress similarly passes and fails legislation. These two seemingly continuous cycles intersect to the point that the two structures appear affixed. For centuries, this has posed an age-old question: is it policy that influences the economic system or is it the economic system itself that molds policy decision-making? Renowned economist Adam Smith is famous for his works detailing the autonomous nature of the economic system. Smith views policy as only a small roadblock in the master strategy of the economic flow of life. The Great Depression and the 2008 Recession, however, …
Trade, Globalism, And The American System,
2023
Liberty University
Trade, Globalism, And The American System, Johnny B. Davis
Helm's School of Government Conference
No abstract provided.
Renovating America's Electrical Grid: Renewable Sources And Resilient Delivery,
2023
Fordham University
Renovating America's Electrical Grid: Renewable Sources And Resilient Delivery, Justin O'Hare Giffee
Student Theses 2015-Present
Since the late 1800s, America’s electrical grid systems have relied primarily upon fossil fuels for sources of electricity. Due to the outdated structural foundations and glaring holes in distribution networks, the existing electrical grids struggle with electricity escaping, and modern issues such as cybersecurity, resilience, and weather-related events associated with climate change. This essay discusses ongoing problems with current electric grid systems and aims at explaining the importance of incorporating renewables as a solution for these problems into a new grid system. In the first chapter, a detailed explanation is provided regarding the current issues present in America's grid systems. …
A Path To Achieve European Energy Security,
2023
Fordham University
A Path To Achieve European Energy Security, Nicholas Wolf
Student Theses 2015-Present
The apparatus of Europe’s energy security has collapsed. The Russian Federation’s invasion of Ukraine, hydrocarbon market turmoil, and the ever-growing threat of climate change has thrust the continent into crisis. As the risks of severe recession, acute energy shortages, and climatic disasters have begun to materialize, the member states of the European Union (EU) have been left scrambling to secure novel energy supplies. In the short-term, these developments pose severe risks to the EU and its member states. Yet, opportunity often presents itself in the midst of hardship, and the European Energy Crisis of 2022 is no different. This essay …
Business Cycles And Monetary Policy Analysis In A Structural Sticky Price Model Of The Lebanese Economy,
2023
PHD graduate from the Faculty of Economics and Business Administration, Department of economics, Lebanese University, Branch 1, El Hadath Beirut, Lebanon
Business Cycles And Monetary Policy Analysis In A Structural Sticky Price Model Of The Lebanese Economy, Jennifer Challita
Arab Economic and Business Journal
A medium-size structural model is built in this article in order to define and reshape the Lebanese economy characteristics and features. However, the structural model is featured by a Taylor monetary policy rule design with nominal interest smoothing. Including the Taylor rule helped us to analyze the response function of each variables to different monetary policy shocks. Hence, the results of this paper showed how changing coefficients may influence the standard deviations of variables in the model as such the inflation rate, the nominal interest rate and the output GAP. More precisely, the performance of the model is detected while …
Towards An Institutional Aesthetic Of Women’S Entrepreneurship: A Political Economy Perspective,
2023
Independent Researcher
Towards An Institutional Aesthetic Of Women’S Entrepreneurship: A Political Economy Perspective, Melissa Langworthy
Arab Economic and Business Journal
This article presents a feminist constructivist political economy perspective on the role of women’s enterprise development in modern times. Through establishing women’s enterprise as an aesthetic of good institutions rooted in the microcredit movement of the late twentieth century but with expanded resurgence into the global North in the aftermath of the 2008 financial crisis, I illustrate how female (micro)enterprise programs afforded moral legitimacy to international organizations, NGOs, and later corporations, financial institutions, and states in ways that downplayed individual and systemic empowerment.
