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Incentive Programs for Neglected Diseases
By Pranav Ganapathy We propose and evaluate an auction mechanism for the priority review voucher program. The 2007 voucher program rewards drug developers for regulatory approval of novel treatments for neglected tropical diseases. Previous papers have proposed auctioning vouchers for the priority review voucher program but have offered neither a mathematical model nor a […]
Comparing the Performance of Active and Passive Mutual Funds in Developing and Developed Countries
By Nalini Gupta This paper seeks to test the hypothesis that developing countries or informationally inefficient countries should see higher returns for active mutual funds on average than passive funds and the trend should be reversed in developed nations or informationally efficient economies. This analysis is done using a cross section of eight countries, four […]
Bridging the Persistence Gap: An Investigation of the Underrepresentation of Female and Minority Students in STEM Fields
By Aaditya Jain and Bailey Kaston Prior literature on mismatch theory has concentrated primarily on minority students, whose lower average levels of pre-enrollment preparedness tend to discourage them from persisting in STEM fields as often as their non-minority counterparts at selective universities. Our study shifts the focus to the persistence gap between men and women, […]
Patrolling the Future: Unintended Consequences of Predictive Policing in Chicago
By Jenny Jiao In the past decade, police departments have increasingly adopted predictive policing programs in an effort to identify where crimes will occur and who will commit them. Yet, there have been few empirical analyses to date examining the efficacy of such initiatives in preventing crime. Using police and court data from the […]
User Loyalty and Willingness to Pay for a Music Streaming Subscription
By Nell Jones Music streaming has increased industry revenue and displaced piracy, but limited profits for artists. In this thesis, I examine user loyalty to streaming platforms, focusing on the asset specificity of features and estimating what users are willing to pay for each of these features. A structural equation model of survey data […]
Where You Live and Where You Move: A Cross-City Comparison of the Effects of Gentrification and How these Effects Are Tied to Racial History
By Divya Juneja This thesis compares the effects of gentrification on school and air quality in ten cities to see whether cities with larger amounts of white flight post-World War II exhibited worse gentrification effects on renters. I find that renters in high white flight cities more consistently experience school quality downgrades—likely attributed to […]
The Impact of Medicare Nonpayment: A Quasi-Experimental Approach
By Audrey Kornkven In October 2008, a provision of the Deficit Reduction Act of 2005 known as Medicare “Nonpayment” went into effect, eliminating reimbursement for the marginal costs of preventable hospital-acquired conditions in an effort to correct perverse incentives in hospitals and improve patient safety. This paper contributes to the existing debate surrounding Nonpayment’s […]
Evolution of Wealth and Consumption in the Aftermath of a Major Natural Disaster
By Ralph Lawton Natural disasters can have catastrophic personal and economic effects, particularly in low-resource settings. Major natural disasters are becoming more frequent, so rigorous understanding of their effects on long-term economic wellbeing is fundamentally important in order to mitigate their impacts on exposed populations. In this paper, I investigate the effects of the […]
Forecasting Corporate Bankruptcy: Applying Feature Selection Techniques to the Pre- and Post-Global Financial Crisis Environments
By Parker Levi I investigate the use of feature selection techniques to forecast corporate bankruptcy in the years before, during and after the global financial crisis. Feature selection is the process of selecting a subset of relevant features for use in model construction. While other empirical bankruptcy studies apply similar techniques, I focus specifically […]
Hedonic Pricing in the Sneaker Resale Market
By Kevin Ma and Matthew Treiber This paper explores the secondary resale market for high-end and limited-edition sneakers, specifically analyzing the determinants that affect what value sneakers trade for in the secondary market. While it is common knowledge that the sneaker resale market is a thriving and active secondary market, there is little to no […]
