Externalities of Overhead Power Lines on Residential Housing Values
by Jake Park-Walters Abstract Overhead electricity transmission lines (OHLs) create negative externalities on nearby housing values largely from perceived factors including aesthetics, safety, and health. Studies have been performed outside of the US to determine the specific value impact of power lines by proximity. It is not, however, well researched within the United States–specifically in […]
RadioWaves and Ballot Boxes: How Conservative Broadcasting Influenced Southern Electoral Behavior
by Ian Carlson Bailey Abstract This study examines how conservative talk radio influenced electoral behavior in the American South during the postwar era. Focusing on Carl McIntire’s “Twentieth Century Reformation Hour” program, I exploit exogenous variation in radio signal strength driven by topographical differences to identify causal effects on voting patterns. Using a novel dataset […]
Splitting Hairs or Splitting Regions: The Differential Democratic Impacts of Splitting ZIP Codes vs. Counties During Redistricting
by Jacob Hervey Abstract In light of the Supreme Court’s holding in Gill v. Whitford, judicially-enforceable gerrymandering metrics must focus on democratic harms to individual citizens, instead of state-wide measures of proportionality. Previous literature has suggested that gerrymandering metrics should focus on the extent to which congressional districts split preexisting geographic boundaries (namely, ZIP codes […]
Religious Identity and Climate-Sustainable Behavior
by Zixin “Finnie” Zhao Abstract What motivates individual action on climate change? The study focuses on the potential influence of religious identities. It employs a laboratory experiment to investigate how priming religious identity affects individuals’ donation behaviors to climate versus non-climate charities in a dictator game setting. In contrast with expectations, this study finds no […]
Intergenerational Economic Transfers and Wealth Inequality in the United States
by Parinay Gupta Abstract Using longitudinal data from Panel Study of Income Dynamics (PSID) from 2007-2021, this paper investigates the role of economic transfers (inheritances and gifts) in asset accumulation processes of US households, in both short-term and long-term. Analysis is done through dimensions of race, wealth quartile, and age. Examining quartiles reveals significant wealth […]
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 […]
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 […]
The Cost of Delay: Evidence from the Ethereum Transaction Fee Market
by Yinhong “William” Zhao Abstract Delaying a financial transaction can be costly, but the cost of delay is difficult to estimate in traditional finance. I exploit the unique data offering and market design of the Ethereum blockchain to estimate the cost of delaying financial transactions in decentralized finance (DeFi). I construct a dynamic auction model […]
Price Determinants and Depreciation of Used Cars Post-COVID-19
by Ayaan Sundeep Patel Abstract Throughout the COVID-19 pandemic, the price of used cars has fluctuated greatly due to numerous factors. Inflation and supply chain issues have been at the forefront of the news and have affected not only cars but most consumer goods. While the majority of society has seemingly progressed past COVID-19, its […]
Reconstruction following Destruction: Entrepreneurship in the Aftermath of a Natural Disaster
by Richard Lombardo Abstract Entrepreneurship is thought to be the engine of growth in many developing countries. There is, however, a paucity of evidence on the role that entrepreneurship plays in rebuilding economic livelihoods both in the short and longer-term in the aftermath of a large-scale shock. This is an important gap in the literature […]