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Ivan Allen College of Liberal Arts

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https://hdl.handle.net/1853/70681

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Office of the Provost and Executive Vice President for Academic Affairs

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Leadership and Multifaith Program

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Sam Nunn School of International Affairs

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School of Economics

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School of History and Sociology

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School of Literature, Media, and Communication

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Publication Search Results

Now showing 1 - 10 of 86

Effect of oil prices on returns to alternative energy investments

(Georgia Institute of Technology, 2009-12-02) Schmitz, Anthony

This paper presents the role of alternative energy technologies in displacing fossil fuels as the world's primary energy source. To that end, a CAPM-GARCH multi-factor market model is used to investigate the relationship between returns on oil and alternative energy stocks. Results show that an increase in oil prices and the broad market have a statistically significant and positive impact on alternative energy stock returns. Furthermore, the alternative energy sector is substantially more risky than the broad market but has the potential for higher returns. This highlights the infancy and inherently risky nature of the alternative energy sector today, but demonstrates the potential for substantial future investment gain as alternative energy technologies become more mature and widely available. Interestingly, estimation of the alternative energy index model indicated the presence of abnormal returns which was not the case for the solar index model, implying that the abnormal returns were generated from a different sectoral component of the alternative energy index.
The environmental Kuznets curve case for the USA and the BRIC countries

(Georgia Institute of Technology, 2009-11-20) Rashid, Shehryar

Previous literature on the Environmental Kuznets Curve has focused extensively on why or why not such a relationship is observed given specific scenarios. More recent literature has shifted attention towards factors that may explain differences in the distribution or threshold of the curve. The purpose of this paper is to determine why we witness different cutoff points for environmental improvement given the same dependent variable. For this analysis, the relationship between CO2 emissions and GDP growth is observed in the United States and the BRIC countries (Brazil, Russia, India and China) from 1981-2006. The results suggest that the standard for environmental improvement is lower for the BRIC countries compared with the United States. Factors that explain this are FDI inflow, share of production from different industries, share of energy from different sources, and overall incentives.
Child health in Pakistan: an analysis of problem structuring

(Georgia Institute of Technology, 2009-08-26) Panwhar, Samina T.

This study presents an analysis of policies addressing child mortality in Pakistan focusing on problem structuring, using a comparison with Bangladesh. Pakistan's progress in addressing child mortality rate has been much slower than that of Bangladesh despite the fact that Pakistan has excelled in economic growth, and the two countries have comparable populations and share political history. This study analyzes and provides an explanation for differential outcomes in terms of problem structuring in the two countries. A comparative analysis of policy documents reviewed for the two countries illustrates the fact that Bangladesh, in formulating its child health policy, has emphasized the input factors such as nutrition and environmental aspects, besides health services. Pakistan, on the other hand, maintains a general problem formulation strategy focusing mainly on health service and ignoring the social, environmental, and other factors causing morbidity and mortality in children. Another comparison between policy formulation in each country and the extensive literature available on child mortality suggest that neither country pays as much attention to structural factors as the literature does. The analysis provides some insight into differentials in policy formulation associated with child mortality in the two countries, but more importantly, it provides an understanding of the underlying elements for inadequate policy outcomes in case of Pakistan.
Exchange rate exposure of U.S. industries

(Georgia Institute of Technology, 2009-08-25) Luangnarumitchai, Jakkapan

This thesis examines exchange rate exposure of 30 U.S. industries between 1974 and 2008 using traditional and orthogonalized linear models. Similar to the literature, when using traditional linear model we find that exposure is very time dependent and often insignificant. However, we discover that orthogonalization helps uncover more evidence of industry exposure. Within the orthogonalized linear model framework, we find that exposure is statistically and economically important, and the effect of orthogonalization is more pronounced for exposure to currency indices. We also test symmetry in exchange rate exposure by subdividing the sample period into the periods of appreciations and depreciations. Interestingly, we find little evidence that exchange rate is asymmetric even if we use orthogonalized linear model. Lastly, we discover that exchange rate exposure cannot be explained by our international trade data.
Real economics in virtual worlds: a massively multiplayer online game case study: Runescape

(Georgia Institute of Technology, 2009-08-25) Bilir, Tanla E.

This thesis explores economic aspects of virtual worlds by focusing on a specific massively multiplayer online role-playing game, RuneScape. In particular, it examines the similarities and differences between the virtual economics and real world economics, the economic understanding of RuneScape players and the possibility of using virtual worlds as a laboratory for testing economic behavior and theory. This thesis uses a versatile methodology that includes texts, direct observation, self-reports, and other reports to investigate the research questions. Virtual economics in general and RuneScape in specific are understudied so far and this study fills a gap in the literature. The unique contributions of this thesis are: a comprehensive survey that reveals player perceptions of economics, a new equation useful for modeling money supply, and a new use of faucet-drain economy in massively multiplayer online games. The results indicate that virtual economics of RuneScape partially reflects real world economics, player perceptions of virtual and real world economy are surprisingly complex, and virtual worlds can be used to study real world economics. Game developers, players, economists, educators, researchers, and individuals who are interested in massively multiplayer online games and economy in general can benefit from this study.
A comparative analysis of state emergency plans: improving response to vulnerable populations

(Georgia Institute of Technology, 2009-05-18) Bennett, DeeDee Marie

As of 2007, according to the Census Bureau, there were more than 37 million people over the age of 65 and 38.22 million people with disabilities (5 years and older). In 2008, the National Response Framework (NRF) replaced the National Response Plan (NRP). One of the criticisms that lead to this change in policy is that during Hurricane Katrina, response to a number of vulnerable populations was not effective as should have been. This thesis addresses the concern for vulnerable populations in regards to planning and preparing for emergencies by assessing their inclusion in the state emergency plans of FEMA Region IV. Vulnerable populations is defined (in this paper) as individuals living with a disability, individuals 65 years or older and individuals with combination of the two. This research is based upon the assumption that there is a need for emergency management at all levels of government for all residents. In order to assess the inclusion of specific vulnerable populations in state emergency plans this thesis will look at the policy change made in the national plans. Using a content analysis, comparative analysis of national plans and an overall analysis of FEMA Region IV States, a standard of measurement is identified and significant influences affecting state emergency management are found. The Region IV states being compared are Alabama, Georgia, Florida, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee. The claim is that the inclusiveness of state emergency plans in regards to response to vulnerable populations does not match that of the NRF. This research also suggests there are issues with the guiding documents for state emergency plans. The findings of this analysis can lead to a number of future research endeavors related to how states improve emergency preparedness and response.
Rescuing the legacy project: a case study in digital preservation and technical obsolescence

(Georgia Institute of Technology, 2009-04-08) Mickens, Leah M.

The ability to maintain continuous access to digital documents and artifacts is one of the most significant problems facing the archival, manuscript repository, and record management communities in the twenty-first century. This problem with access is particularly troublesome in the case of complex digital installments, which resist simple migration and emulation strategies. The Legacy Project, which was produced by the William Breman Jewish Heritage Museum in Atlanta, was created in the early 2000s as a means of telling the stories of Holocaust survivors who settled in metropolitan Atlanta. Legacy was an interactive multimedia kiosk that enabled museum visitors to read accounts, watch digital video, and examine photographs about these survivors. However, several years after Legacy was completed, it became inoperable, due to technological obsolescence. By using Legacy as a case study, I examine how institutions can preserve access to complex digital artifacts and how they can rescue digital information that is in danger of being lost.
"Doing it for the lulz"?: online communities of practice and offline tactical media

(Georgia Institute of Technology, 2009-04-08) Vichot, Ray

What happens when an online community moves to a real space? Take the case of Anonymous. For several years now, this, loosely connected, entirely internet based group has been known for online pranks and griefing, often being labeled by the media as "hackers on steroids" or "the Internet Hate Machine". However, recently a significant portion of the group has taken up the cause of protesting what it sees as criminal injustices of the Church of Scientology. This move into the real world sparked various discussions which are relevant for online communities as a whole. What negotiations, compromises, and changes took place in order to move into the real world space? In what ways has the group succeeded (or failed) in maintaining the momentum needed for long term real-world protest and what can other online communities gain from this history?
Representations of the city in video games

(Georgia Institute of Technology, 2009-04-08) Schweizer, Bobby

This research strives to characterize the means by which video game players experience and understand the space of the game city during the course of play. Three-dimensional video game cities are neither static environments nor stationary views; rather, they are experienced through movement, action, and play. Our experiences of new places are not developed at a glance. Instead, they are cultivated through use over time. This work utilizes games that take place in constructed versions of New York City as a case study. By focusing on the ways players navigate spaces, we can understand how they construct spatial awareness and how this space is transformed into a meaningful place of play. In order to come to this understanding, this study asks a series of questions: How are these spaces arranged? How does the player move through the space and how does the game teach spatial navigation? What actions are performed in the space and how is gameplay adapted for the city environment? And how do of narrative environments contribute to a player's identification with the space? These questions are examined within a framework of urban, cultural, and game studies. I examine techniques that are employed by video game city designers to help players navigate space and make it meaningful. Additionally, this research poses areas for future expansion and experimentation with game cities.
The European Union as a normative power: Europe's new neighborhood and energy policies

(Georgia Institute of Technology, 2009-03-26) Patton, Sarah Jayne Cormack

The European Union (EU) is a formidable actor in contemporary international politics. Many prominent scholars devote their lives to studying both how European power came to be and analyzing the character of that power. The vast majority of the resulting scholarship fails to empirically test the arguments set forth. While rich in theoretical insights, the lack of empirical support renders the debate unsatisfying. This study tests the arguments about the nature of European power in the international context using the cases of the European Neighborhood Policy (ENP) and Europe's energy policies. Chapter One introduces the Normative Power Europe concept and describes my methodology. Chapter Two delineates the existing debates on the power of the EU. Chapters Three and Four test European power using the cases of the ENP and Europe's energy policies (respectively). In addition, Chapter Four offers some concluding remarks. This study finds that the EU consistently behaves as a normative power from the basic premise of virtue ethics, but inconsistently in terms of deontological and teleological ethics.