Browsing W & L Historic Theses by Subject "Washington and Lee University -- Honors in Economics"
Now showing items 1-18 of 18
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Are Tourists Willing to Pay Additional Fees to Protect Corals in Mexico?
Coral reefs have been referred to as the rainforests of the sea, maintaining the most diverse forms of life on earth. The framework built by corals and algae provides the foundation for ecosystems that support an unsurpassed ... -
Economic and Equity Issues in a Comparison of the Personal Income Tax and the Value-Added Tax
The four previous chapters have tried to systematically compare the United States' personal income tax and a European-style consumption value-added tax. The superiority of one tax over the other, in some cases is clear-cut, ... -
European Economic Community Enlargements: The Common Agricultural Policy, The Wine Sector, and Their Effects on Integration
The purpose of this paper is to address some of the problems of European integration, with particular emphasis on the Common Agricultural Policy ( CAP) and the last two enlargements of the Community. Greece joined the ... -
Ideological Change and Governmental Growth
A fruitful approach seems to be an examination of ideological trends. As I have shown, this approach, when applied specifically to agriculture, yields valuable insight. It seems likely that the same approach, when applied ... -
The Impact of Monetary Volatility on Investment in Classical and Keynesian Models: Theory and Evidence
In the past several decades, monetary policy has gained increased popularity as a means for affecting the direction of the economy. For example, in the early 1980's the Federal Reserve's active intervention in the economy ... -
In Search of a Good Job: Mobility in a Dual Labor Market
Dual labor market theory developed in the late 1960 's as economists tried to explain how and why labor market outcomes deviated from neoclassical expectations. The theory held that the labor market was divided into a ... -
Initial Public Offerings Across Business Cycles
A vast literature exists pertaining to the prediction of stock performance, though a consistent pattern has yet to be found. The efficient market hypothesis provides one possible explanation. IPOs are different, however, ... -
International Commodity Agreements: Key to Development?
This paper has attempted to bring the methods and purposes of international commodity agreements into focus and to thus discover whether they are worth the energy which the poor countries might exert to form them. I have ... -
Monopoly Power in the Peruvian Banking Industry: (1990-1995)
The core of the thesis tries to determine the extent to which oligopolization constitutes a problem in the determination of interest rates in Peru. To do this, it uses an econometric model to test the level of competition ... -
Negative Discount Rates for Health Insurance
This paper measures the discount rate of health insurance by surveying. a sample of nearly 1,000 Washington and Lee alumni. We calculated the discount rate from a series of open-ended survey questions, eliminating some of ... -
Potential Policy Options to Improve Sport Fishing in Balbina: A Choice Experiment Analysis
This research is developed within the framework of environmental economics, which attempts to value non market goods that provide individuals with specific values that are not elicited through market transactions. Environmental ... -
Price Dispersion and the Effectiveness of Integration Efforts
Using a specifically developed measure I find evidence that NAFT A, MERCOSUR, and EU membership are significantly correlated with decreased price dispersion. This suggests that these agreements have increased market ... -
Roads to a Market System: A Study of Economic Transition Policies in Poland, Hungary, and the Czech Republic
After summarizing the economic progress in Poland, Hungary, and the Czech Republic between 1989 and 1994, I will conclude the thesis by returning to the two points emphasized in the introduction: First, in several instances ... -
The Scenic Hudson Preservation Conference Case
On January 29, 1963 the Consolidated Edison Company of New York (hereafter referred to as Con Ed) [1] filed an application before the Federal Power Commission for a license to construct a pumped-storage hydroelectric ... -
The Economics of Equal Education Opportunity
There are four primary objectives for this thesis. First, an economic model of learning behavior is developed combining microeconomic theories with economist Gary Becker's theory on the allocation of time. The economic ... -
The Role of Food Production in the Economic Development of West Africa's Sahel Region
One must not forget, therefore, that the Sahel comprises a fragile ecosystem within an area of scarce resources. Much care and understanding, that is to say "good government", is needed if these sparse , resources are to ... -
Unofficial Dollarization and Market Integration: The Case of Latin America
This study examines the relationship between unofficial dollarization and goods market integration in the context of dollarizing Latin American nations and the United States. While a breadth of research focuses on the ... -
Why Openness Matters: Evidence from the Developing World
In this paper I present a realistic scenario about the open-economy framework. I acknowledge the unfair practices imposed by the industrialized nations lead to structural adjustments in the domestic economy. However, I ...