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Developmental Differences: The Role Of Institutions In Oil And Gas Operations Within The State Of Colorado, John Stafford Jan 2019

Developmental Differences: The Role Of Institutions In Oil And Gas Operations Within The State Of Colorado, John Stafford

Undergraduate Honors Theses

I argue differences in institutional design choices governing western lands have demonstrable effects in the extraction of shale resources. Using GIS data on geographic characteristics and shale development data, I create a dataset which allows a spatial link between institutions, natural resource development, and other parcel metrics. This allows for a test of how institutions governing property affect shale development. Employing a border discontinuity, I indicate that Native American land experiences extensively more shale development, compared to the neighboring private, state, and federal lands containing similar potential for shale development. In sum, this study contributes to the property rights scholarship ...


Measuring Preferences For Congestion Managment At Rocky Mountain National Park, Nicholas Keim Jan 2019

Measuring Preferences For Congestion Managment At Rocky Mountain National Park, Nicholas Keim

Undergraduate Honors Theses

National parks are faced with contradicting missions that make management of congestion issues difficult. The public believes national parks are a commons, meant for all to enjoy, and therefore stand firmly against any management strategies that have the ability to keep others from visiting. In order for national parks to effectively manage congestion they must have public approval. One solution would be to raise the entrance fee price, though this has already received negative public feedback. Another potential solution is the implementation of reservation systems to replace entrance fees during peak season. A choice experiment with three attributes and two ...


A Hedonic Analysis Of The Impact Of The 2017 Firestone Explosion On The Effect Of Wells On Home Values In Boulder County, Jason Habib Jan 2019

A Hedonic Analysis Of The Impact Of The 2017 Firestone Explosion On The Effect Of Wells On Home Values In Boulder County, Jason Habib

Undergraduate Honors Theses

The use of hydraulic fracturing technology for oil and gas production has rapidly spread across the United States. As fracking production has moved closer to populated regions, concerns have been raised by homeowners and politicians about water contamination, air and noise pollution, and the potential impact of fracking on property values. In this paper, I examine how a deadly 2017 fracking explosion in Firestone, Colorado, impacted the effect of fracking wells on housing values in Boulder County. Using a hedonic pricing model, I control for other factors that influence a home’s price to isolate the effect of fracking wells ...


Trauma And Religiosity, Abdullah Helal Jan 2019

Trauma And Religiosity, Abdullah Helal

Undergraduate Honors Theses

This research explores the impact of six different adverse life events on religiosity by utilizing a nationally representative dataset of the entire Australian population, combining information on religious importance, religious attendance, and a variety of adverse life events. We exploit the longitudinal dimension of the dataset by using fixed-effects estimations to account for time and individual variations. We found that the importance of religious beliefs increases in response to within the past year occurrence of the death of a friend, death of a relative, and personal injury. Being a victim of physical violence cause a higher increase in the importance ...


National Competent Authorities As The Reference Member State: Understanding The Variables Affecting Their Regulatory Decisions, Christian Martin Jan 2018

National Competent Authorities As The Reference Member State: Understanding The Variables Affecting Their Regulatory Decisions, Christian Martin

Undergraduate Honors Theses

The pharmaceutical medicines in one member state of the European Union do not belong in any other member state unless that member state’s national medicines agency has approved them. In this paper I look at the two procedures that exist, the mutual recognition procedure and the decentralized procedure. I ask what affects the variation in ease and stringency within the regulatory decisions of the national competent authorities when acting as the reference member state. I hypothesize that institutions and economic political ideology influence the regulatory decisions, leading to more or less finalized procedures. Multi-variate regressions confirm the permeability of ...


The Impact Of Noxious And Carcinogenic Pollutants In Adams County Colorado, Ahnika Leroy Jan 2018

The Impact Of Noxious And Carcinogenic Pollutants In Adams County Colorado, Ahnika Leroy

Undergraduate Honors Theses

This paper will explore how carcinogenic and noxious pollutants emitted from Toxic Release Sites (TRI) effect housing prices in an urban area of Colorado. This is possible in an empirical model that considers the influence of commercial and industrial properties. My approach addresses an important source of omitted variable bias like issues of sorting and agglomeration by disaggregating pollutant types and sites. I will also compare estimates using a hedonic and repeat sales model. Since I am using the repeat sales model, this can control for bias due to sorting. Results indicate that pollutant coefficients in the repeat sales model ...


Energy Storage And Power Grid Reliability: Evidence From U.S. Electric Utilities, Virgil Nunan Jan 2018

Energy Storage And Power Grid Reliability: Evidence From U.S. Electric Utilities, Virgil Nunan

Undergraduate Honors Theses

In recent years, the technological capability and cost feasibility of energy storage have improved significantly. These improvements, coupled with pending regulation at the federal, state, and balancing authority level, may lead to higher prevalence of energy storage on power grids earlier than expected. Using a utility-level panel dataset, I regress utility reliability metrics on state levels of energy storage. Controlling for factors such as weather, utility operational characteristics, and geographic features of the utility territory, I find that there is indeed a positive relationship between energy storage capacity and reliability at the utility-level. Specifically, energy storage reduces the frequency at ...


Bitcoin And Ethereum: Empirical Evidence On Node Distribution, Keaton Brown Jan 2018

Bitcoin And Ethereum: Empirical Evidence On Node Distribution, Keaton Brown

Undergraduate Honors Theses

With the explosive growth in cryptocurrencies over the last couple of years, the cost of mining these technologies (the process through which users devote CPU power to operate the underlying blockchains) have similarly exploded. This paper examines one overarching question regarding this issue – what factor or factors explain the geographic distribution of cryptocurrency nodes (mining operations) across the world? In exploring this question, this research considers electricity price, internet access, Tor network relays, and others. Using node distribution data for Bitcoin and Ethereum – the two largest cryptocurrencies – this paper analyzes cross-sectional and panel data regression models, and establishes that electricity ...


The Price Of A Pick: Examining The Efficiency Of The Nfl Draft Pick Market By Measuring The Elasticity Of The Relationship Between Draft Pick Value And Player Performance, Joseph Grisso Jan 2017

The Price Of A Pick: Examining The Efficiency Of The Nfl Draft Pick Market By Measuring The Elasticity Of The Relationship Between Draft Pick Value And Player Performance, Joseph Grisso

Undergraduate Honors Theses

In the NFL Draft, teams take turns (known as “picks”) selecting (or “drafting”) college football players with the intention of drafting players that will perform well in the NFL and thus cause them to win more games. Since the pool of available college football talent is limited, players who are projected to have greater NFL performance are selected with earlier picks, causing the value of a draft pick to decrease as its number increases. With my research, I seek to determine a.) the relationship between the value of a particular pick in the draft (DPV) and the performance of the ...


Going Solo: A Qualitative Comparison Of Single Women In Japan And Colombia, Maya Heins Jan 2017

Going Solo: A Qualitative Comparison Of Single Women In Japan And Colombia, Maya Heins

Undergraduate Honors Theses

This thesis examines the economic, social, and cultural conditions of single women in Japan and Colombia as a medium for understanding how globalization impacts gender inequality around the world. The rise of single women around the world elicits questions about the changing nature of gender roles and how global economic policies impact the lives of women. The research finds that while large differences exist between the situation of single women in the Global North and South, by remaining single, women are afforded more bargaining power to renegotiate their place within oppressive systems. The rise in single women around the globe ...


How Does Location Affect The Outcome Of Housing-Induced Poverty In China?, Dengli Yang Jan 2017

How Does Location Affect The Outcome Of Housing-Induced Poverty In China?, Dengli Yang

Undergraduate Honors Theses

As Chinese economy booms, Chinese households are experiencing hiking housing prices and expenditures. As the result, the housing affordability issue is hotly discussed in China, especially in large and developed cities like Beijing and Shanghai where housing prices are increasing rapidly. This paper utilizes imputed rent instead of reported expenditures to determine the severity of housing-induced poverty in China. From the results, large cities in China are only experiencing comparatively moderate housing unaffordability problem. Hebei, Guangdong, and Guangxi have much higher percentages of housing-induced poor. Moreover, households in the Northeast and East also have higher likelihoods of encountering housing-induced poverty.


Bias-Motivated Incidents And Racial & Ethnic Attrition: Relating The Prevalence Of Racially-Motivated Hate Crimes To The Reported Identity Of Americans, Cassandra Duchan Jan 2016

Bias-Motivated Incidents And Racial & Ethnic Attrition: Relating The Prevalence Of Racially-Motivated Hate Crimes To The Reported Identity Of Americans, Cassandra Duchan

Undergraduate Honors Theses

When racial hate crimes increase in an individual’s county, there is a question of whether it affects how people racially identify. Prevalence of hate crimes may cause individuals to disassociate from being a person of color. Such dissociation can be motivated by fear, or it could be motivated by understanding hate crimes as a proxy for other discrimination or racial tension. In either situation, identifying as white would be an advantageous option for people. As the incentive to identify with an underrepresented group decreases, individuals may choose to associate with the most favorable racial group possible. Accordingly, people should ...


The Impact Of Hov/Hot Lane Creation On Public Transit Ridership: Evidence From The Los Angeles Metro, Travis M. Tallent Jan 2016

The Impact Of Hov/Hot Lane Creation On Public Transit Ridership: Evidence From The Los Angeles Metro, Travis M. Tallent

Undergraduate Honors Theses

Most large cities face transit congestion due to increasing populations. Governments face trade-offs when determining which commuting infrastructure(s) to fund (e.g, public transit, HOV/HOT lanes, road expansion, etc.). A key question is whether commuters substitute across alternative commuting modes when new options are introduced. Substitution can happen because commuters may choose to minimize their travel time and therefore their time costs; in other words, commuters will choose the fastest route. A follow-up question is if commuters make their decision based on minimizing their transportation time. Using a framework that allows for empirical comparison between HOV/HOT lane ...


Understanding Sibling Influences: The Effects Of Number And Sex Of Siblings On Educational Outcomes, Manna Chen Jan 2016

Understanding Sibling Influences: The Effects Of Number And Sex Of Siblings On Educational Outcomes, Manna Chen

Undergraduate Honors Theses

This study attempts to re-examine the impact of siblings on the education of men and women resembling the study done by Butcher and Case (1994). Additionally, I extend the analysis to examine the effect of sibling sex composition on individual’s college major choices using data from Wisconsin Longitudinal Study (WSL). The OLS regression result indicates that opposite sex siblings are more harmful to years of education compared to same sex siblings for both men and women. My findings suggest that additional sisters significantly reduce years of education more for men than the effects of additional sisters for women. Sibling ...


Measuring Consumers’ Willingness-To-Pay To Avoid Disruptive Advertising In Smartphone Applications, Kristina Avery Jan 2016

Measuring Consumers’ Willingness-To-Pay To Avoid Disruptive Advertising In Smartphone Applications, Kristina Avery

Undergraduate Honors Theses

This research examines how advertisement attributes are received by consumers. Six advertisement attributes in the smartphone applications market are studied using a survey of university students. Respondents answer a series of choice experiments. Parameters of a random utility model are estimated by conditional logit to determine a consumer’s willingness- to-pay to avoid disruptive advertisement attributes within a smartphone application. The results show that a consumer is willing to pay $4.06 to avoid targeted ads, $0.28 to decrease the frequency of the ads when graphics are static, $2.71 to decrease the frequency of ads when graphics are ...


The Impact Of Weather Events On Congestion Pricing In The New England Independent System Operator Market, Cory Goode Jan 2015

The Impact Of Weather Events On Congestion Pricing In The New England Independent System Operator Market, Cory Goode

Undergraduate Honors Theses

This paper observes what effect, if any, weather events exert on congestion prices in energy markets. Millions of dollars are traded daily in these markets, and with the knowledge of how weather events affect electricity prices, traders can make more informed decisions on when to act. I have 7 years of panel data at the zonal level of the New England Independent System Operator market to contrast with National Oceanic and Atmospheric Administration weather data from surface meteorological stations. I utilized an ordinary least squares model controlling for season by year, day of week, and zonal fixed effects along with ...


Gender-Based Retention In Principles Of Microeconomics At The University Of Colorado Boulder, Amy Burnett Jan 2015

Gender-Based Retention In Principles Of Microeconomics At The University Of Colorado Boulder, Amy Burnett

Undergraduate Honors Theses

This study employs a linear probability model to explore differences between male and female students taking Principles of Microeconomics courses during their first year of study at the University of Colorado at Boulder. Data is analyzed with stratification according to major choice (whether or not the student has declared economics as a major) at three time periods (upon admission, fall semester, and spring semester) to determine if there is a meaningful difference between male and female students. This study demonstrates that the holes in the “leaky pipeline" are actually relatively small when it comes to women's experiences in Principles ...


"Pure As The Driven Snow": Oligopolies Of Coercion And The Colombian Cocaine Industry, Alexandra Lawrence Jan 2015

"Pure As The Driven Snow": Oligopolies Of Coercion And The Colombian Cocaine Industry, Alexandra Lawrence

Undergraduate Honors Theses

This thesis is examining the question: What factors play a decisive roll in the existence of the Colombian cocaine trade, and more importantly, what is the relationship between Colombian cocaine production and the nation’s systemic violence? Undemocratic political centralization and weak state capacity led to the creation of a legitimacy gap, which has been attributed to the emergence of the cocaine industry and Colombia’s civil violence. However, the relationship between cocaine production and that violence has been unclear. I propose that this relationship is economic in nature. The illegal nature of the good means that cocaine markets must ...


The Global Warming Game: Measuring Consumers' Environmental Policy Choices, Ben Searchinger Jan 2015

The Global Warming Game: Measuring Consumers' Environmental Policy Choices, Ben Searchinger

Undergraduate Honors Theses

This study experimentally implements theories about consumer preferences toward environmental policies that hypothetically decrease the uncertainty of consequences of global temperature increase. We first measure individual risk and time preferences, then conduct a series of choice experiments using investments in a global warming model. We find that subjects consistently spend more than their optimal consumption point as predicted by their stated preferences.