Blaze of Distrust: The Impact of Wildfires on Social Capital and Governance in Brazilian Amazonia
by Feishi “Alicia” Gong Abstract The 2019 wildfire crisis in Brazilian Amazonia not only captured global headlines but also deeply influenced public sentiment towards environmental and political challenges within the country. Trust, a pivotal element of social capital, plays a vital role in shaping a nation’s progress and the well-being of its citizens. This study […]
Do Green Stocks Get You the Green? Differential Impacts of S&P 500 ESG Index Labels on Firm Stock Prices
by Heera Rajavel Abstract On January 28, 2019, the S&P Dow Jones Indices launched the ESG S&P 500 Index, aiming to create a sustainable index fund with a similar risk/return profile to the S&P 500 Index. This study assesses the causal mechanisms behind the performance of the S&P 500 ESG Index by running two difference-in-differences […]
Fact or Fluff: Does Wording Used by Gene Editing Companies Affect Investor Behaviors?
by Thomas Freireich Abstract The writing style a startup uses to portray itself has an impact on investors’ perceptions of them, subsequently affecting their venture capital decisions. This funding is particularly important given the prominence of venture capital as a primary financial source for growing early-stage biotechnology companies. Currently, due to recent scientific advances, many […]
Free University? An Investigation of Australia’s 1974 Free Higher Education Policy and Its Impact on Enrollment, Degree Completion, Later-Life Occupational Status, and Income
by Yaxuan “Annie” Cui Abstract To what extent has the free higher education policy of 1974 impacted Australian students’ decisions of university enrollment, degree completion, and later-life human capital development? In this paper, I analyze the impact of the policy from both national descriptive statistics and individual-level enrollment and degree completion decisions using the Australian […]
The Sub-proportionality of Subjective Probability Weighting in Poker
by William Clark Abstract This study uses Texas Hold’em poker to investigate decision making under uncertainty and the concept of probability weighting, where individuals may overvalue or undervalue uncertain outcomes. I conduct an experiment to assess Cumulative Prospect Theory’s relevance to subjective probabilities in poker by simplifying the game to compare complex and simple gamble […]
The Press and Peace, Examining Iraq War Coverage in Newspapers using BERT LLMs
by Jakobe Bussey Abstract This study utilizes state-of-the-art BERT (Bidirectional Encoder Representations from Transformers) models to perform sentiment analysis on Wall Street Journal and New York Times articles about the Iraq War published between 2002 and 2012 and further categorize them using advanced unsupervised machine learning techniques. By utilizing statistical analysis and quartic regression models, […]
A Two-Stage Analysis Considering Gun Theft & Overall Crime: Evidence from Child Access Prevention Laws
by Ronan Brew Abstract Child Access Prevention Laws (CAP) came to prominence in the early 1990s in the wake of the highest recorded rate of overall and adolescent firearm deaths seen in the United States at that time, placing mandatory firearm storage requirements on adults living in a home with children. While the primary – […]
Beyond the But-For World: Weak-necessity causal reasoning for model-based counterfactuals in law and economics
by Lilia Qian Abstract Under current standards for scientific evidence defined under Daubert, antitrust models are frequently excluded from legal consideration, but not always for reasons that make them genuinely unreliable. This paper clarifies why antitrust models face difficulties when subjected to methodological scrutiny: the employment of model-based counterfactual arguments under an epistemically defective ‘but-for’ […]
Effects of Neighborhoods on Children’s Educational Outcomes in Indonesia
by Audrey Liu Abstract There is considerable observed geographic variable in outcomes across space. Neighborhood effects attempt to explain to what extent the place in which an individual grows up impacts their future outcomes. This paper focuses on neighborhood effects on children in Indonesia where there is a large disparity in public and private amenities […]
Airline Non-Price Competition Between FSC and LCC Carriers: Varying Airline Optimization Strategies
by Lucas Johnson Abstract The goal of this paper is to extend the discourse surrounding certain topics in terms of airline optimization which is defined in this paper as the ability of an airline to efficiently transport goods and passengers as well as accrue revenue from its airplanes relative to its total capacity to transport […]
