Vassar College Digital Library

Vassar Scholarship

Vassar Scholarship, the institutional repository formerly known as Digital Window, reflects the research and scholarly output of the Vassar College community.  It provides access to a variety of collections, including senior theses and projects across a wide range of disciplines.

Advanced search

Vassar Scholarship

A classroom experiment on exchange rate determination with purchasing power parity

Publication Date
2007-February-01
Document Type
working paper
Authors
Mitchell, David
Rebelein, Robert P.
Schneider, Patricia
Simpson, Nicole B.
Fisher, Eric
Department or Program
Economics Department
Document Type
Working Paper
Abstract

We develop a classroom experiment on exchange rate determination appropriate for undergraduate courses in macroeconomics and international economics. Students represent citizens from different countries and need to obtain currency to purchase goods. By participating in a sealed bid auction to...

View
Vassar Scholarship

Integrity, shame and self-rationalization

Publication Date
2004-February-01
Document Type
working paper
Authors
Elias L. Khalil
Department or Program
Economics Department
Document Type
Working Paper
Abstract

In orthodox economics, honesty or integrity is treated as either part of the constraint function or the objective function. This is at the origin of the statement, "every man has his price." However, if integrity has a price, why do...

View