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Pricing Discrepancies In The Washington State Cherry Market, Foster L. Peebles 2016 Central Washington University

Pricing Discrepancies In The Washington State Cherry Market, Foster L. Peebles

Undergraduate Honors Theses

This research is focused on finding a pricing model for Washington State cherries. Each year a significant number of cherries are not sold, or are sold at a price close to or under cost, due to issues with program cherry purchases and pricing models. This research looks at two specific markets: the program fruit business and the wholesale markets. The program fruit business is comprised of companies such as Kroger, Wal-Mart, Costco, and others that “pre-purchase” their fruit at a specific price for delivery at a later date, much like a futures market for other commodities. The wholesale market, also …


Does Context Information Affect Perceptions Of The Intrinsic Value Of Visual Art?, Kelsey Ferguson 2016 University of Arkansas, Fayetteville

Does Context Information Affect Perceptions Of The Intrinsic Value Of Visual Art?, Kelsey Ferguson

Inquiry: The University of Arkansas Undergraduate Research Journal

This study is an application of cultural economic value theory within the context of visual art. Current literature supports an incompatibility between objective, empirical economic research and the subjectivity of artistic expression. While variables affecting the intrinsic value of art are difficult to identify and measure, this study quantified the effect of context information on university students’ perceptions of visual art. For this study, 118 randomly assigned University of Arkansas students viewed four identical works of art and answered identical questions designed to measure perceptions of intrinsic value. Despite a hypothesis that context would positively affect participants’ reports, when significant …


Insatiability And Crisis: Using Interdisciplinarity To Understand (And Denaturalize) Contemporary Humans, Sean P. MacDonald, Costas Panayotakis 2016 CUNY New York City College of Technology

Insatiability And Crisis: Using Interdisciplinarity To Understand (And Denaturalize) Contemporary Humans, Sean P. Macdonald, Costas Panayotakis

Publications and Research

This chapter illustrates how collaboration between different social sciences can encourage students to think critically about prevailing assumptions regarding human nature. Both the chapter and the pedagogical experience on which it is based investigate the distinctive type of human created by capitalist society. In so doing, it takes a heterodox approach to analyzing the concept of an insatiable human nature through a case study that invites students to critically assess this perspective. This discussion then leads to an investigation and critique of traditional neoclassical Economic assumptions about human behavior, which forms the basis for a case study on the causes …


Has Stagnant Real Income Growth Contributed To An Uneven U.S. Housing Market Recovery Following The Great Recession?, Sean P. MacDonald 2016 CUNY New York City College of Technology

Has Stagnant Real Income Growth Contributed To An Uneven U.S. Housing Market Recovery Following The Great Recession?, Sean P. Macdonald

Publications and Research

The U.S. housing market recovery following the Great Recession has in many ways been atypical of earlier housing market recoveries. There is evidence that the recovery from 2011 through 2016 has disproportionately occurred among higher income earners, while improvement in the middle and moderate income sectors appears to have occurred later and to have been comparatively less robust. Stagnant growth in real median household income among moderate and middle income households and a weaker rate of new household formation during and immediately following the recession are seen as key variables contributing to an uneven housing market recovery.


Religious Identity And The Provision Of Public Goods: Evidence From The Indian Princely States, Latika Chaudhary, Jared Rubin 2016 Naval Postgraduate School

Religious Identity And The Provision Of Public Goods: Evidence From The Indian Princely States, Latika Chaudhary, Jared Rubin

ESI Publications

This paper describes a simple model of how a ruler’s religious identity affects public goods provision. Our primary insight is that rulers reduce public goods expenditures to a greater degree when there are privately-provided substitutes excludable by religion.The basic idea is that if the good is provided privately to the ruler’s co-religionists, the ruler faces weaker incentives to provide this public good because his co-religionists receive lower marginal utility from its provision. Testing such a conjecture is an empirical challenge, however, since the religious identity of rulers rarely varies over time and place. We address this problem by exploiting …


The Impact Of Cash Transfers On Labor Force Participation And Household Consumption: Evidence From Post-Apartheid South Africa, Steve M. M. Muchiri 2016 University of Kentucky

The Impact Of Cash Transfers On Labor Force Participation And Household Consumption: Evidence From Post-Apartheid South Africa, Steve M. M. Muchiri

Theses and Dissertations--Economics

The Old Age Pension (OAP) program for elderly South Africans puts a significant cash transfer in the hands of many poor households. This dissertation investigates its impact on labor force participation and consumption of selected household items. In the first half of the dissertation, we take advantage of a policy reform that lowered men's OAP eligibility age from 65 to 60 for men to match that of women for estimation identification. Using the General Household Survey data, we first demonstrate that both men and women respond to the eligibility age by dropping from labor force participation at the eligibility age, …


A New Home: An Empirical Analysis Of Pull Factor Influences On Eu Asylum Applications, Dawson Reisig 2016 University of Montana

A New Home: An Empirical Analysis Of Pull Factor Influences On Eu Asylum Applications, Dawson Reisig

Undergraduate Theses, Professional Papers, and Capstone Artifacts

As Europe continues to face the largest flood of immigration since World War II, the foundational solidarity of the European Union (EU) is being severely strained under the burden of allocating such a massive population influx and the subsequent issues resulting from complex and divisive notions of national responsibility, cooperation, and integration. In struggling to find a cooperative solution to this refugee crisis, a greater understanding of the destination country characteristics that shape the asylum application preference would be highly beneficial for policy makers and EU citizens. In examining the relative influences of these pull factors I implement a fixed …


The Impact Of State-Provided Paid Family Leave On Wages: Examining The Role Of Gender, Aimee Samantha Abrams Widdicombe 2016 Scripps College

The Impact Of State-Provided Paid Family Leave On Wages: Examining The Role Of Gender, Aimee Samantha Abrams Widdicombe

Scripps Senior Theses

The U.S. is the only OECD country that does not offer any form of federal paid parental leave. Only three states—California, New Jersey and Rhode Island—have state-provided paid leave policies; implemented in 2004, 2009 and 2014, respectively. Through descriptive statistics and difference-in-difference-in-difference regression analyses of the wages of women and men of childbearing age (19-45 years) in those three states, we assess whether the paid leave programs have effected wages, and whether these effects vary depending on gender. Our results show that wages of women of childbearing age saw negligible net effects post-policy in policy states, although statistically insignificant. On …


Modelling The Impact Of Fiscal Policy On Non‑Oil Gdp In A Resource Rich Country: Evidence From Azerbaijan, Khatai Aliyev, Bruce Dehning, Orkhan Nadirov 2016 Qafqaz University

Modelling The Impact Of Fiscal Policy On Non‑Oil Gdp In A Resource Rich Country: Evidence From Azerbaijan, Khatai Aliyev, Bruce Dehning, Orkhan Nadirov

Accounting Faculty Articles and Research

This paper analyses the impact of public expenditures and tax revenues on non‑oil economic growth in Azerbaijan for the period of 2000Q1‑2015Q2 by employing OLS, ARDL, FMOLS, DOLS, CCR and Granger Causality techniques. Different cointegration methods result in consistent results. In this study, there is strong evidence of significant long‑run positive contributions from public expenditures to non‑oil sector output. Results also show that tax revenues significantly slow down non‑oil economic growth in the long run. Granger Causality analysis finds the existence of a bidirectional short‑run association between non‑oil GDP and public expenditures, while tax revenues Granger Cause both variables. The …


Brokers And Investment Advisors, Nathaniel Phillip Graham 2016 University of Kentucky

Brokers And Investment Advisors, Nathaniel Phillip Graham

Theses and Dissertations--Finance and Quantitative Methods

Brokers and investment advisors are a large and important part of the financial industry. Using a novel data set that includes the majority of the financial advisory industry, in this dissertation I document the size of the financial advisory industry and the prevalence of customer complaints in the industry, which I use as a proxy for misconduct. I then test for two potential drivers of advisors’ misconduct: professional standards in the form of fiduciary responsibilities and influence from social networks. I find that variation in fiduciary duties—specifically fiduciary versus suitability standards— does not appear to affect advisors’ propensity for misconduct. …


Life, Liberty, And The Pursuit Of Happiness: Measuring What Matters, Laura Musikanski, Carl Polley 2016 Happiness Alliance

Life, Liberty, And The Pursuit Of Happiness: Measuring What Matters, Laura Musikanski, Carl Polley

Journal of Sustainable Social Impact

This essay focuses on ways in which the governments of Bhutan and the United Kingdom are measuring subjective well-being as well as on how other governments including Norway, Spain, China, Canada, and New Zealand, are exploring the development of subjective well-being indicators. It concludes with recommended actions to aid in the formation of a consistent and comparable subjective well-being indicator for use by governments globally. The third in a series for which the purpose is to provide information to grassroots activists to foster the happiness movement for a new economic paradigm, this essay builds on the previous essays, Happiness in …


Citizen Wellbeing And Gdp: Towards More Appropriate Measures Of Namibia's Success And Progress, Justine Braby Dr, Jessica-Jane Lavelle, Johannes Mulunga, Newman Nekwaya, Fikameni Mathias, Angula Angula 2016 Progress Namibia TAS

Citizen Wellbeing And Gdp: Towards More Appropriate Measures Of Namibia's Success And Progress, Justine Braby Dr, Jessica-Jane Lavelle, Johannes Mulunga, Newman Nekwaya, Fikameni Mathias, Angula Angula

Journal of Sustainable Social Impact

Developing nations like Namibia are aiming to industrialize much like developed nations and use the gross domestic product to measure their progress. However, this development path has been largely unsustainable. For Namibia to develop into a sustainable society, a different approach is needed. This study aimed to find entry points toward such an approach. Surveys were conducted in Windhoek, Namibia's capital, to measure human well-being. Generally, as is expected in a developing country, well-being correlated positively along the income line. However, the indicators did illustrate that a more holistic measure would go a long way toward more effective development planning …


Ballot-Box Environmentalism Across The Golden State: How Geography Influences California Voters’ Demand For Environmental Public Goods, William Skyler Lewis 2016 Pomona College

Ballot-Box Environmentalism Across The Golden State: How Geography Influences California Voters’ Demand For Environmental Public Goods, William Skyler Lewis

Pomona Senior Theses

In California, voters frequently face ballot propositions dealing directly or indirectly with environmental protection. Records of these votes provide powerful evidence of the character of voters’ demand and willingness-to-pay for environmental public goods (e.g., air quality, watershed ecosystem services, parks and recreation), and have been used in past environmental econometrics research to produce aggregated income and price effect estimates. Using neighborhood-level voting records on seven environmental-related ballot propositions in California between 2002 and 2010, this econometric study investigates the nature of voters’ demand for environmental public goods, focusing on the effect of household income on pro-environment voting. Unlike previous studies, …


How Can We Have A Better Public Transportation System? –An Exploratory Agent Based Model, Boyu Liu 2016 Pomona College

How Can We Have A Better Public Transportation System? –An Exploratory Agent Based Model, Boyu Liu

Pomona Senior Theses

Public transportation plays an integral part in a city's development, but transportation professionals disagree about whether it is feasible to increase the capacity of public transportation systems at a reasonable cost; and if it is, how. This study develops an agent based model that aims to answer this question and provide a framework to compare the effects of improvements in different aspects of the public transportation service. The results of this study show that it is possible to increase ridership enough to compensate for the increased operational cost, but only in certain circumstances. Interesting phenomenon that might have showed up …


An Economic Approach To Modeling Archaeological Settlement Patterns In Central Idaho, Anthony J. Saunders 2016 Central Washington University

An Economic Approach To Modeling Archaeological Settlement Patterns In Central Idaho, Anthony J. Saunders

All Master's Theses

Archaeologists can gain a better understanding of subsistence strategies by analyzing the net advantage of exploiting certain resources over others across a large area with the use of Geographic Information Systems (GIS) and application of economic. GIS modeling is a powerful tool used by archaeologists to catalog and analyze site information in a spatial context. Economic models interpret human behavior in terms of cost and benefit. Little archaeological research has been done in central Idaho. This thesis develops economic models of hunting, gathering and fishing for the Frank Church River of No Return Wilderness (FC-RONRW). This research builds upon previous …


The Drivers Of Success In The Nfl: Differences In Factors Affecting The Probability Of Winning Based On First Half Performance, Zach Alleva 2016 Claremont McKenna College

The Drivers Of Success In The Nfl: Differences In Factors Affecting The Probability Of Winning Based On First Half Performance, Zach Alleva

CMC Senior Theses

This paper explores how changing various end game statistics effects a given teams probability of winning a game in the National Football League (NFL). Data from the 2000-2016 NFL seasons is split into two subsets, one for teams winning at halftime, another for losing teams. Using this data an empirical model is estimated to study how the determinants of a team’s success differ between the two sets of data. Overall, the factors which determine a team’s outcome are consistent between the two subsets, varying primarily by magnitude of the effect.


Causes And Consequences Of The Protestant Reformation, Sascha O. Becker, Steven Pfaff, Jared Rubin 2016 University of Warwick

Causes And Consequences Of The Protestant Reformation, Sascha O. Becker, Steven Pfaff, Jared Rubin

ESI Working Papers

The Protestant Reformation is one of the defining events of the last millennium. Nearly 500 years after the Reformation, its causes and consequences have seen a renewed interest in the social sciences. Research in economics, sociology, and political science increasingly uses detailed individual-level, city-level, and regional-level data to identify drivers of the adoption of the Reformation, its diffusion pattern, and its socioeconomic consequences. This survey takes stock of the research so far, tries to point out what we know and what we do not know, and which are the most promising areas for future research.


Payment Scheme Self-Selection In The Credence Goods Market: An Experimental Study, Hernan Bejarano, Ellen P. Green, Stephen Rassenti 2016 CIDE

Payment Scheme Self-Selection In The Credence Goods Market: An Experimental Study, Hernan Bejarano, Ellen P. Green, Stephen Rassenti

ESI Working Papers

Given heterogeneity in expert behavior across payment schemes in credence goods markets, it becomes important to understand the consequences of payment scheme selection. To study the effect on customer well being of expert self-selection, we recruited subjects to participate in a real-effort credence good laboratory market. Experts were either randomly assigned or faced with the choice of three payment schemes: fee-for-service, salary, and capitation. We found that experts who selected fee-for-service payment resulted in customers with significantly worse outcomes in comparison with experts who had been randomly assigned to fee-for-service. In contrast, experts who selected salary payment did not change …


Bringing A Natural Experiment Into The Laboratory: The Measurement Of Individual Risk Attitudes, Zuzana Brokesova, Cary Deck, Jana Peliova 2016 University of Economics in Bratislava

Bringing A Natural Experiment Into The Laboratory: The Measurement Of Individual Risk Attitudes, Zuzana Brokesova, Cary Deck, Jana Peliova

ESI Working Papers

Controlled laboratory experiments have become a generally accepted method for studying economic behavior, but there are two issues that regularly arise with such work. The first pertains to the ability to generalize experimental results outside the laboratory. While laboratory experiments are typically designed to mimic naturally occurring situations, ceteris paribus comparisons are rare. Using data from a promotional campaign by a bank and a matching laboratory experiment, we find similar patterns of risk taking behavior controlling for gender and age. The second issue pertains to the impact that the payment procedure in an experiment has on observed risk taking behavior. …


The Impact Of Taxes And Wasteful Government Spending On Giving, Roman M. Sheremeta, Neslihan Uler 2016 Chapman University

The Impact Of Taxes And Wasteful Government Spending On Giving, Roman M. Sheremeta, Neslihan Uler

ESI Working Papers

We examine the impact of taxes and wasteful government spending on charitable giving. In our model, the government collects a flat-rate tax on income net of donations and wastes part of the tax revenue before redistribution. The model provides theoretical predictions which we test in a framed field experiment. The results of the experiment show that the tax rate has a weak and insignificant effect on giving. The degree of waste, however, has a large, negative and significant effect on giving, with the relationship moderated by the curvature in the utility function.


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