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Ostromian Lessons For Post-Disaster Resilience: Evidence From The 2015 Earthquake In Nepal, Veeshan Rayamajhee Aug 2019

Ostromian Lessons For Post-Disaster Resilience: Evidence From The 2015 Earthquake In Nepal, Veeshan Rayamajhee

Economics ETDs

The dissertation is organized in six chapters. The first chapter provides a synopsis of the four research articles that are comprised in this manuscript. It outlines the goals of each article and connects them to specific Ostromian insights to shed light on the empirical findings. Chapters 2, 3, and 5 are based on a field study that I conducted in Sindhupalchowk, Nepal following the devastating earthquake in 2015. Chapter 4 uses case studies from Chicago, New Orleans, Nepal, and Indonesia. The final chapter summarizes major lessons from the four papers.

The second chapter investigates household-level coping responses to the 7 ...


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 ...


Money Is More Than Memory, Maria Bigoni, Gabriele Camera, Marco Casari Dec 2018

Money Is More Than Memory, Maria Bigoni, Gabriele Camera, Marco Casari

ESI Working Papers

Impersonal exchange is the hallmark of an advanced society and money is one key institution that supports it. Economic theory regards money as a crude arrangement for monitoring counterparts’ past conduct. If so, then a public record of past actions—or memory—should supersede the function performed by money. This intriguing theoretical postulate remains untested. In an experiment, we show that the suggested functional equivalence between money and memory does not translate into an empirical equivalence: money removed the incentives to free ride, while memory did not. Monetary systems performed a richer set of functions than just revealing past behaviors.


A Theory Of Conservative Revivals, Murat Iyigun, Jared Rubin, Avner Seror Nov 2018

A Theory Of Conservative Revivals, Murat Iyigun, Jared Rubin, Avner Seror

ESI Working Papers

Why do some societies fail to adopt more efficient political and economic institutions in response to changing economic conditions? And why do such conditions sometimes generate conservative ideological backlashes and, at other times, progressive social and political movements? We propose an explanation that highlights the interplay--or lack thereof--between productivity, cultural beliefs and institutions. In our model, production shocks that benefit one sector of the economy may induce forward-looking elites to provide public goods associated with a different, more traditional sector that benefits their interests. This investment results in more agents generating cultural beliefs complementary to the provision of the ...


The Ideological Roots Of Institutional Change, Murat Iyigun, Jared Rubin Apr 2017

The Ideological Roots Of Institutional Change, Murat Iyigun, Jared Rubin

ESI Working Papers

Why do some societies fail to adopt more efficient institutions in response to changing economic conditions? And why do such conditions sometimes generate ideological backlashes and at other times lead to transformative sociopolitical movements? We propose an explanation that highlights the interplay--or lack thereof--between new technologies, ideologies, and institutions. When new technologies emerge, uncertainty results from a lack of understanding how the technology will fit with prevailing ideologies and institutions. This uncertainty discourages investment in institutions and the cultural capital necessary to take advantage of new technologies. Accordingly, increased uncertainty during times of rapid technological change may generate an ideological ...


Information Effects In Uniform Price Multi-Unit Dutch Auctions, Joy A. Buchanan, Steven Gjerstad, David Porter May 2016

Information Effects In Uniform Price Multi-Unit Dutch Auctions, Joy A. Buchanan, Steven Gjerstad, David Porter

Economics Faculty Articles and Research

We design a multi-unit descending-price (Dutch) auction mechanism that has applications for resource allocation and pricing problems. We address specific auction design choices by theoretically and experimentally determining optimal information disclosure along two dimensions. Bidders are either informed of the number of bidders in the auction, or know that it is one of two possible sizes; they also either know the number of units remaining for sale or are unaware of how many units have been taken by other bidders. We find that revealing group size decreases bids, and therefore revenue, if units remaining are not shown. When group size ...


Information Effects In Multi-Unit Dutch Auctions, Joy A. Buchanan, Steven Gjerstad, David Porter Jan 2012

Information Effects In Multi-Unit Dutch Auctions, Joy A. Buchanan, Steven Gjerstad, David Porter

ESI Working Papers

We design a multi-unit descending-price (Dutch) auction mechanism that has applications for resource allocation and pricing problems. We address specific auction design choices by theoretically and experimentally determining optimal information disclosure along two dimensions. Bidders are either informed of the number of bidders in the auction, or know that it is one of two possible sizes; they also either know the number of units remaining for sale or are unaware of how many units have been taken by other bidders. We find that revealing group size decreases bids, and therefore revenue, if units remaining are not shown. When group size ...


Empowerment, Corruption And Economic Chaos In Sudan, Professor Issam A.W. Mohamed Jun 2011

Empowerment, Corruption And Economic Chaos In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In a country on the eve of losing one third of its land, 80% of potential natural resources and 75% of external exports value, economic future seems gloomy. Many opinions were given for economic solutions after the Southern Sudan secession. However, that does not support a theoretical framework that those are the only reasons for the expected economic collapse. Our theory here is that such collapse already happened because of economic mismanagement, corruption and hoarding initiated by the calls for empowerment and carried out by the regime's members. Such acts extended to the banks, economic institutions and randomized privatization ...


Pillars Of Demise: Empowerment And Corruption, Economic Chaos And Political Disintegration In Sudan, Professor Issam A.W. Mohamed Jun 2011

Pillars Of Demise: Empowerment And Corruption, Economic Chaos And Political Disintegration In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In a country on the eve of losing one third of its land, 80% of potential natural resources and 75% of external exports value, economic future seems gloomy. Many opinions were given for economic solutions after the Southern Sudan secession. However, that does not support a theoretical framework that those are the only reasons for the expected economic collapse. Our theory here is that such collapse already happened because of economic mismanagement, corruption and hoarding initiated by the calls for empowerment and carried out by the regime's members. Such acts extended to the banks, economic institutions and randomized privatization ...


Institutional Structure And Decision Making In Sudan, Professor Issam A.W. Mohamed Nov 2010

Institutional Structure And Decision Making In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

The study here presented reviews the institutional structure of the Sudanese government. Truly, though it is stigmatized as totalitarian, the structure is phenotypically perfect. Ministry of Ministries council is supposed to cater for analyzing data concerning ministries performance, drawing strategic planning, executing them through ministries and conduct the follow-ups. Department of decision-making was created and packages for data collection and analyses were improvised. However, all these structures seem skeletal as the final decisions structurally seem to be lost between the Presidency Institution and the executive institutions. An introduced flowing chart indicates that the cycle of all decisions end up at ...


The Social Infrastructure And The Civil Institutions In Sudan, Professor Issam A.W. Mohamed Mar 2010

The Social Infrastructure And The Civil Institutions In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Contemporary Sudanese society endures many hardships which are manifested in economic retraction, inflation, recession and stagflation. However, social conflicts are also manifested in simple man's daily complaints to open rebellions. Most academicians agree on one point, that the society endures abnormal conditions. The current paper aims delves into a historical context of civil society as a concept in general which originated in the west. Next it displays differences between it and the Sudan supposing that there is unique experience appropriate to the Sudanese state of affairs. Therefore that possibility of creating an appropriate term that fully describes the social ...


Politics, Hegemony And Survival In Sudan, Professor Issam A.W. Mohamed Feb 2010

Politics, Hegemony And Survival In Sudan, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

Since the beginning of the year 2010, the political crisis of Sudan expands everyday. The inevitable secession of Southern Sudan amplifies with the chronic crisis of Abyei pocket between the north and the south. However, most analysts vocalize their astonishment at irrational official behavior as the de facto state of war that currently prevails in the country and call it pure stupidity. In this paper we analyze what is behind the regime structure and the conception of the Hakimya that makes their regime fortified from accepting rationality, resilience and sense of truth to respond for solutions and help of the ...