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Filtering by: Advisor McGough, Bruce Remove constraint Advisor: McGough, Bruce Degree Field Economics Remove constraint Degree Field: Economics

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  • Dangerous Cake

    Creator:
    Atkinson, Nathan L.
    Abstract:
    We explore the limitations of the CRRA utility speci cation as applied to cake-eating problems. We construct a set of conditions under which cake- eating problems have no optimal solution. Furthermore, we explore how agents choose their consumption path when an optimization problem has no solution, and suggest a method...
    Resource Type:
    Honors College Thesis
    Full Text:
    Cake. Abstract Approved: Bruce McGough Abstract We explore the limitations of the CRRA utility

  • Parking policy with heterogeneous agents

    Creator:
    Spratt, Jake
    Abstract:
    This paper investigates the potential welfare gains resulting from variable parking fees in the presence of heterogeneous agents. We begin by defining a modified linear city model with two lots located at separate distances from a central business district, and two types of agents with heterogeneous values of time. Agents...
    Resource Type:
    Masters Thesis
    Full Text:
    Abstract approved: Bruce M. McGough This paper investigates the potential welfare gains resulting from

  • The effects of oil price shocks on U.S. inflation

    Creator:
    Kilfoil, Natasha M.
    Abstract:
    During the 1970’s the United States experienced several periods of high inflation that have been at least partially attributed to positive oil price shocks. The effectiveness of the Organization of Petroleum Exporting Countries at controlling the price of oil has varied over time, as well as the responsiveness of U.S....
    Resource Type:
    Honors College Thesis
    Full Text:
    , 2006. Title: The Effects of Oil Price Shocks on U.S. Inflation. Abstract approved: Bruce McGough