Vassar Scholarship

In the 21st century, there is a strong trend of the audience's personal technology-dependent behavior in live music events, specifically music concerts and music festivals. This project, <em>Interplaying, </em>investigates the way technology is used to encourage the audience's human-human interaction...

It is commonly believed that firms prefer layoffs to worksharing, in part, because layoffs economize on fringe benefit costs. We find that when labor markets are characterized by optimal implicit contracts, layoffs will never occur in equilibrium, regardless of the...

The techniques of fault dating, though still underdeveloped on a wide scale, have been increasingly studied over the past decade. This study draws on these recent observations in relative literature and relates them to a fault in Rosendale, New York...

The traditional classroom presentation of international macroeconomic issues obscures the link between budget deficits, exchange rates, and the trade deficit. The article offers a simple supply and demand framework to clarify the role of budget deficits in creating trade deficits...

Implicit contract models of labor market equilibrium under work sharing and layoffs are constructed to examine several common explanations for the observed market bias in favor of layoffs. We first establish the optimality of work sharing in the absence of...