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Full-Text Articles in Other Economics

Enabling Electric Storage Participation In Wholesale Markets: An Analysis Of Ferc Order No. 841, Glenn A. Smith May 2019

Enabling Electric Storage Participation In Wholesale Markets: An Analysis Of Ferc Order No. 841, Glenn A. Smith

Master of Science in Energy Systems Management

This study has been performed to understand the potential impact that the Federal Energy Regulatory Commission’s (FERC) Order No. 841 will have on the adoption of energy storage resources (ESR). This analysis looked at: (1) the Order’s requirements, (2) FERC’s exercise of its authorized jurisdiction within the Order, and (3) actions taken by the Regional Transmission Organizations (RTO), Independent System Operators (ISO) and FERC to demonstrate compliance with the Order’s requirements:

Order No. 841 utilizes a participation model to ensure ESR’s are able to participate in wholesale electricity markets to an extent that is reflective ...


Enabling Electric Storage Participation In Wholesale Markets: An Analysis Of Ferc Order No. 841, Glenn A. Smith May 2019

Enabling Electric Storage Participation In Wholesale Markets: An Analysis Of Ferc Order No. 841, Glenn A. Smith

Master's Projects and Capstones

This study has been performed to understand the potential impact that the Federal Energy Regulatory Commission’s (FERC) Order No. 841 will have on the adoption of energy storage resources (ESR). This analysis looked at: (1) the Order’s requirements, (2) FERC’s exercise of its authorized jurisdiction within the Order, and (3) actions taken by the Regional Transmission Organizations (RTO), Independent System Operators (ISO) and FERC to demonstrate compliance with the Order’s requirements:

Order No. 841 utilizes a participation model to ensure ESR’s are able to participate in wholesale electricity markets to an extent that is reflective ...


Ecological Determinants Of Respiratory Health: Examining Associations Between Asthma Emergency Department Visits, Diesel Particulate Matter, And Public Parks And Open Space In Los Angeles, California, Jason A. Douglas, Reginald S. Archer, Serena E. Alexander Mar 2019

Ecological Determinants Of Respiratory Health: Examining Associations Between Asthma Emergency Department Visits, Diesel Particulate Matter, And Public Parks And Open Space In Los Angeles, California, Jason A. Douglas, Reginald S. Archer, Serena E. Alexander

Health Sciences and Kinesiology Faculty Articles

Los Angeles County (LAC) low-income communities of color experience uneven asthma rates, evidenced by asthma emergency department visits (AEDV). This has partly been attributed to inequitable exposure to diesel particulate matter (DPM). Promisingly, public parks and open space (PPOS) contribute to DPM mitigation. However, low-income communities of color with limited access to PPOS may be deprived of associated public health benefits. Therefore, this novel study investigates the AEDV, DPM, PPOS nexus to address this public health dilemma and inform public policy in at-risk communities. Optimized Hotspot Analysis was used to examine geographic clustering of AEDVs, DPM, and PPOS at the ...


A Bit Like Cash: Understanding Cash-For-Bitcoin Transactions Through Individual Vendors, Stephanie J. Robberson, Mark R. Mccoy Oct 2018

A Bit Like Cash: Understanding Cash-For-Bitcoin Transactions Through Individual Vendors, Stephanie J. Robberson, Mark R. Mccoy

Journal of Digital Forensics, Security and Law

As technology improves and economies become more globalized, the concept of currency has evolved. Bitcoin, a cryptographic digital currency, has been embraced as a secure and convenient type of money. Due to its security and privacy for the user, Bitcoin is a good tool for conducting criminal trades. The Financial Crimes Enforcement Network (FinCEN) has regulations in place to make identification information of Bitcoin purchasers accessible to law enforcement, but enforcing these rules with cash-for-Bitcoin traders is difficult. This study surveyed cash-for-Bitcoin vendors in Oklahoma, Texas, Arkansas, Missouri, Kansas, Colorado, and New Mexico to determine personal demographic information, knowledge of ...


Toxic Effects Of Lead Disposal In Water: An Analysis Of Tri Facility Releases, Patrick Koval Aug 2018

Toxic Effects Of Lead Disposal In Water: An Analysis Of Tri Facility Releases, Patrick Koval

Economics Department Working Papers

Using county-level TRI data from 2003 to 2016, I find evidence that lead emissions in water adversely affect birth weights within the emitting county, especially with respect to the percentage of births considered low birth weight within that county (less than 2,500 grams). I find that a one percent increase in lead emissions per square mile increases the proportion of low birth weights by 0.27 percentage points. For a county with an average number of births in a particular year, this one percent increase in lead per square mile translates to an additional $475,000 in hospitalization costs ...


Applied Economics (Clayton), Sheryne Southard, Christie Burton, Bryan Labrecque, Xueyu Cheng, Elnora Farmer Jul 2018

Applied Economics (Clayton), Sheryne Southard, Christie Burton, Bryan Labrecque, Xueyu Cheng, Elnora Farmer

Computer Science and Information Technology Grants Collections

This Grants Collection for Applied Economics was created under a Round Ten ALG Textbook Transformation Grant.

Affordable Learning Georgia Grants Collections are intended to provide faculty with the frameworks to quickly implement or revise the same materials as a Textbook Transformation Grants team, along with the aims and lessons learned from project teams during the implementation process.

Documents are in .pdf format, with a separate .docx (Word) version available for download. Each collection contains the following materials:

  • Linked Syllabus
  • Initial Proposal
  • Final Report


A Cross-Sectional Exploration Of Household Financial Reactions And Homebuyer Awareness Of Registered Sex Offenders In A Rural, Suburban, And Urban County., John Charles Navarro Aug 2017

A Cross-Sectional Exploration Of Household Financial Reactions And Homebuyer Awareness Of Registered Sex Offenders In A Rural, Suburban, And Urban County., John Charles Navarro

Electronic Theses and Dissertations

As stigmatized persons, registered sex offenders betoken instability in communities. Depressed home sale values are associated with the presence of registered sex offenders even though the public is largely unaware of the presence of registered sex offenders. Using a spatial multilevel approach, the current study examines the role registered sex offenders influence sale values of homes sold in 2015 for three U.S. counties (rural, suburban, and urban) located in Illinois and Kentucky within the social disorganization framework. Homebuyers were surveyed to examine whether awareness of local registered sex offenders and the homebuyer’s community type operate as moderators between ...


Modeling Economic Systems As Locally-Constructive Sequential Games, Leigh Tesfatsion Jul 2017

Modeling Economic Systems As Locally-Constructive Sequential Games, Leigh Tesfatsion

Economics Working Papers

Real-world economies are open-ended dynamic systems consisting of heterogeneous interacting participants. Human participants are decision-makers who strategically take into account the past actions and potential future actions of other participants. All participants are forced to be locally constructive, meaning their actions at any given time must be based on their local states; and participant actions at any given time affect future local states. Taken together, these properties imply real-world economies are locally-constructive sequential games. This study discusses a modeling approach, agent-based computational economics (ACE), that permits researchers to study economic systems from this point of view. ACE modeling principles and ...


Advancing Rationality With Sustainability: An Analysis Of Agent-Based Simulation, Osman Goktug Tanrikulu Jun 2017

Advancing Rationality With Sustainability: An Analysis Of Agent-Based Simulation, Osman Goktug Tanrikulu

Hatfield Graduate Journal of Public Affairs

Today, falling trends of species and ecosystem in the world due to overconsumption and destruction of natural resources are at critical levels. It is vital for humanity to operate with sustainable and resilient modes of production and consumption. In this regard, this paper examines the basic premise of rationality and introduces sustainability as an advancement to the theoretical concept of rationality. Thus, a rational mindset and a sustainable mindset are compared under depletion of environmental resources. The understanding of rationality in the analysis is based on Garett Hardin’s (1968) ‘the tragedy of the commons’ model, in which actors are ...


Considerations Of Socio-Economic Input, Related Challenges And Recommendations For Ecosystem-Based Maritime Spatial Planning: A Review, Mavra Stithou Jun 2017

Considerations Of Socio-Economic Input, Related Challenges And Recommendations For Ecosystem-Based Maritime Spatial Planning: A Review, Mavra Stithou

Journal of Ocean and Coastal Economics

Socio-economics in an ecosystem-based Marine Spatial Planning (MSP) process cover a wide range from specifying socio-economic objectives, respective indicators, organising stakeholder engagement, to data, methods and tools (e.g., environmental valuation and cost-benefit analysis) for example to identify issues, assess ecosystem services, provide an insight on human behaviour and compare alternative marine plans with potentially competing goals. In addition, social principles such as that of social equity have an important role to play in achieving sustainability in marine management. However, the use of socio-economics in making the ecosystem-based MSP framework operational, poses certain challenges to researchers, regulators and policy-makers. The ...


Optimized Forecasting Of Dominant U.S. Stock Market Equities Using Univariate And Multivariate Time Series Analysis Methods, Michael Schwartz May 2017

Optimized Forecasting Of Dominant U.S. Stock Market Equities Using Univariate And Multivariate Time Series Analysis Methods, Michael Schwartz

Computational and Data Sciences Theses

This dissertation documents an investigation into forecasting U.S. stock market equities via two very different time series analysis techniques: 1) autoregressive integrated moving average (ARIMA), and 2) singular spectrum analysis (SSA). Approximately 40% of the S&P 500 stocks are analyzed. Forecasts are generated for one and five days ahead using daily closing prices. Univariate and multivariate structures are applied and results are compared. One objective is to explore the hypothesis that a multivariate model produces superior performance over a univariate configuration. Another objective is to compare the forecasting performance of ARIMA to SSA, as SSA is a relatively ...


What Role For The Bioeconomy In An Electrified Transportation Sector?, Tristan R. Brown, Robert C. Brown Mar 2017

What Role For The Bioeconomy In An Electrified Transportation Sector?, Tristan R. Brown, Robert C. Brown

Mechanical Engineering Publications

The growth of the bioeconomy has recently been slowed by over production of petroleum and natural gas from unconventional domestic reserves, which has reduced demand for biofuels. In the longer term, liquid transportation fuels, both petroleum- and bio-based, are threatened by electrification of the transportation sector, which will benefit from the use of low-cost natural gas to generate electricity for battery electric vehicles. Low-cost natural gas in the USA is attractive for other applications as well, including the production of certain petrochemicals. On the other hand, natural gas is not suitable for producing many high molecular weight petrochemicals. Cost-competitive biorenewable ...


The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee Aug 2016

The Influence Of The Electric Supply Industry On Economic Growth In Less Developed Countries, Edward Richard Bee

Dissertations

This study measures the impact that electrical outages have on manufacturing production in 135 less developed countries using stochastic frontier analysis and data from World Bank’s Investment Climate surveys. Outages of electricity, for firms with and without backup power sources, are the most frequently cited constraint on manufacturing growth in these surveys.

Outages are shown to reduce output below the production frontier by almost five percent in Africa and by a lower percentage in South Asia, Southeast Asia and the Middle East and North Africa. Production response to outages is quadratic in form. Outages also increase labor cost, reduce ...


Self-Correcting Kelly Strategies For Skeptical Traders, Aaron C. Brown Jun 2016

Self-Correcting Kelly Strategies For Skeptical Traders, Aaron C. Brown

International Conference on Gambling & Risk Taking

The Kelly criterion gives the appropriate bet size in idealized situations with known parameters. In financial trading situations parameters are generally unknown and the mathematical assumptions underlying the Kelly proof are not met precisely. Moreover a risk manager typically must cooperate with a trader who may be skeptical about both the Kelly criterion specifically and the concept of mathematical optimization of bet size in general.

This presentation tackles the problem of designing a Kelly-based system for setting trade risk management parameters that is both self-correcting (the system delivers good results even if initial parameter are misestimated or parameters change) and ...


Epistemic Considerations On Extensive-Form Games, Cagil Tasdemir Feb 2016

Epistemic Considerations On Extensive-Form Games, Cagil Tasdemir

All Dissertations, Theses, and Capstone Projects

In this thesis, we study several topics in extensive-form games. First, we consider perfect information games with belief revision with players who are tolerant of each other’s hypothetical errors. We bound the number of hypothetical non-rational moves of a player that will be tolerated by other players without revising the belief on that player’s rationality on future moves, and investigate which games yield the backward induction solution.

Second, we consider players who have no way of assigning probabilities to various possible outcomes, and define players as conservative, moderate and aggressive depending on the way they choose, and show ...


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

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 ...


Assessing The Economic Costs Of Water Pollution In The Yangtze River, China, Xiaoli Zhang Feb 2015

Assessing The Economic Costs Of Water Pollution In The Yangtze River, China, Xiaoli Zhang

Journal of Ocean and Coastal Economics

Water pollution of the Yangtze River basin is very serious. Studies have shown that from the upper to the lower river, the water volume decreases and development and pollution increase, especially in trans-boundary areas. The Yangtze Estuary is located at the intersection of Jiangsu Province and Shanghai where the waters flow directly into the East China Sea. The estuary provides drinking water to many people and serves multiple other functions, including agricultural irrigation, tourism, and aquaculture. It plays a pivotal role in the local social and economic development and in people’s general wellbeing. Directly or indirectly, the pollution of ...


Economic And Traffic Impacts Following The Installation Of New Bicycle Facilities: A Denver Case Study, Stephen Antonio Rijo Jan 2015

Economic And Traffic Impacts Following The Installation Of New Bicycle Facilities: A Denver Case Study, Stephen Antonio Rijo

Electronic Theses and Dissertations

America is currently experiencing a unique departure from the historical vehicle miles traveled (VMT) trend, often referred to as "peak travel." Decreasing VMT numbers suggest that the US is currently experiencing an unprecedented change in the way individuals utilize transportation systems. The following research calls on a need to understand the importance of improving alternative transportation infrastructure, namely cycling facilities, and how this impacts local businesses and their communities. This research informs the overarching question, "What are the economic and traffic impacts of cycling facilities?" A mixed methods analysis of retail sales tax, traffic count, and RTD transit access data ...


Non-Myopic Negotiators See What's Best, Yair Zick, Yoram Bachrach, Ian Kash, Peter Key Dec 2014

Non-Myopic Negotiators See What's Best, Yair Zick, Yoram Bachrach, Ian Kash, Peter Key

Yair Zick

No abstract provided.


Top Of The Order: Modeling The Optimal Locations Of Minor League Baseball Teams, W. Coleman Conley Nov 2014

Top Of The Order: Modeling The Optimal Locations Of Minor League Baseball Teams, W. Coleman Conley

Undergraduate Economic Review

Over the last twenty-five years, minor league baseball franchises have defined firm mobility. Revisiting the work of Michael C. Davis (2006), I construct a logistic regression model to predict which cities house minor league baseball teams. Six variables are tested for inclusion in the model, including population, income level, the number of major-league professional sports teams in a city, five-year population change, and distance from the closest professional team. Based on the model's predicted probabilities, cities are ranked in order of highest probability of having a team at each of the different levels from Class A to Class AAA.


Promoting Renewable Energy Generation In The United States: The Debate Over Renewable Portfolio Standards, Joe Cerne Sep 2014

Promoting Renewable Energy Generation In The United States: The Debate Over Renewable Portfolio Standards, Joe Cerne

Economics Theses

Incentivizing renewable energy growth in the 21st century is, and will continue to be, a highly debated topic. As of late, legislative initiatives have prompted the enactment of various renewable portfolio standards aimed at stimulating renewable energy growth. Using data regarding each state’s energy production, this paper finds that there is no significant change in renewable energy output following the initiation of a renewable portfolio standard. We conclude that renewable energy growth is virtually unaffected by renewable portfolio standards and as such, we agree with much of the literature implying other means are necessary in order to adequately ...


Measuring Gender Difference In Information Sharing Using Network Analysis: The Case Of The Austrian Interlocking Directorship Network In 2009, Carlo Drago, Livia Amidani Aliberti, Davide Carbonai Jul 2014

Measuring Gender Difference In Information Sharing Using Network Analysis: The Case Of The Austrian Interlocking Directorship Network In 2009, Carlo Drago, Livia Amidani Aliberti, Davide Carbonai

Carlo Drago

In recent literature a relevant problem has been the relationship between career/personal contact networks and different career paths. In addition the recent advances in social capital theory have shown the way in which networks impact on personal careers. In particular women’s careers appear to be negatively affected by the informational network structure. The main contribution of this work is to propose empirical evidence of this phenomenon by considering the gendered directorship network with relation to Austria and to show the structural differences by gender in the network. By using community detection techniques we have found various communities in ...


Game Theory Meets The Humanities And Both Win Or Book Review: Game Theory And The Humanities: Bridging Two Worlds, By Steven J. Brams, Karl-Dieter Crisman Jan 2014

Game Theory Meets The Humanities And Both Win Or Book Review: Game Theory And The Humanities: Bridging Two Worlds, By Steven J. Brams, Karl-Dieter Crisman

Journal of Humanistic Mathematics

This review discusses Brams' wide-ranging book Game Theory and the Humanities and gives some basic examples of the methodology and style, including how the Theory of Moves contributes to understanding such games.


Natural Phenomena As Potential Influence On Social And Political Behavior: The Earth’S Magnetic Field, Jackie R. East Jan 2014

Natural Phenomena As Potential Influence On Social And Political Behavior: The Earth’S Magnetic Field, Jackie R. East

Theses and Dissertations--Political Science

Researchers use natural phenomena in a number of disciplines to help explain human behavioral outcomes. Research regarding the potential effects of magnetic fields on animal and human behavior indicates that fields could influence outcomes of interest to social scientists. Tests so far have been limited in scope. This work is a preliminary evaluation of whether the earth’s magnetic field influences human behavior it examines the baseline relationship exhibited between geomagnetic readings and a host of social and political outcomes. The emphasis on breadth of topical coverage in these statistical trials, rather than on depth of development for any one ...


A Look Into The Industry Of Video Games Past, Present, And Yet To Come, Chad Hadzinsky Jan 2014

A Look Into The Industry Of Video Games Past, Present, And Yet To Come, Chad Hadzinsky

CMC Senior Theses

Since its inception, the video game industry has been both a new medium for art and innovation as well as a major driving force in the advancements of many technologies. The often overlooked video game industry has turned from a hobby to a multi-billion dollar industry in its short, forty year life. People of all ages and genders across the world are playing video games at a higher clip than ever before. With so many new gamers and emerging technologies, it is an exciting time for the industry. The landscape is constantly changing and successful business models of the past ...


Site Assessment For Environmental Restoration, David A. Bainbridge Jan 2013

Site Assessment For Environmental Restoration, David A. Bainbridge

David A Bainbridge

Restoring degraded desert ecosystems is challenging but it can be done. The first key step is understanding the site history and understanding the disturbance and current site conditions. With this information the appropriate steps can be taken to improve the site ecosystem function and structure.


Competition In Information Technologies: Standards-Essential Patents, Non-Practicing Entities And Frand Bidding, Herbert J. Hovenkamp Oct 2012

Competition In Information Technologies: Standards-Essential Patents, Non-Practicing Entities And Frand Bidding, Herbert J. Hovenkamp

Faculty Scholarship at Penn Law

Standard Setting is omnipresent in networked information technologies. Virtually every cellular phone, computer, digital camera or similar device contains technologies governed by a collaboratively developed standard. If these technologies are to perform competitively, the processes by which standards are developed and implemented must be competitive. In this case attaining competitive results requires a mixture of antitrust and non-antitrust legal tools.

FRAND refers to a firm’s ex ante commitment to make its technology available at a “fair, reasonable and nondiscriminatory royalty.” The FRAND commitment results from bidding to have one’s own technology selected as a standard. Typically the FRAND ...


Simple Ecosystem Service Valuation Can Impact National Forest Management, David E. Ervin, Gary Larsen, Craig Shinn May 2012

Simple Ecosystem Service Valuation Can Impact National Forest Management, David E. Ervin, Gary Larsen, Craig Shinn

Economics Faculty Publications and Presentations

This essay is about how a relatively simple application of the ‘new scarcity’ paradigm for non-market ecosystem services (Simpson, Toman and Ayres 2005) changed the management plan for a national forest. We identify lessons from our experience for AERE members.


Examining Impacts On Water Demand Resulting From Population And Employment Growth Using A Regional Adjustment Model, Steven Blake Thomas May 2012

Examining Impacts On Water Demand Resulting From Population And Employment Growth Using A Regional Adjustment Model, Steven Blake Thomas

Masters Theses

This thesis examines the currently available water use data and its limitation for use in scientific research. The first chapter offers a description of the current nationwide water data including descriptions of collection methods and trends found within the data. The varying collection methods used result in inconsistencies within the datasets and between the years. These inconsistencies have resulted in the data being used more as a point of reference than in nationwide empirical analysis of water use. There has been a calling for systematic improvements to the data, which could contribute to greater empirical analysis taking place at the ...


The Steady-State Economy As A Solution To The World’S Problems: A Theoretical Examination Of The Greatest Environmental Problem Facing Human Society, Brianna L. Besch Feb 2012

The Steady-State Economy As A Solution To The World’S Problems: A Theoretical Examination Of The Greatest Environmental Problem Facing Human Society, Brianna L. Besch

The Macalester Review

This paper is a theoretical exploration of the questioning, if you were given a magic power to solve one, and only one, of the worlds problem outlined by a classic environmental author, which would you solve, and why? While the field of environmental studies is relatively new, since the publishing of Malthus’ An Essay on the Principles of Population environmental scholars have been debating what should be considered the greatest environmental problem facing humanity. This paper explains how the creation of a steady-state economy to replace our current economic system, as described by Herman Daly, offers a holistic solution to ...