University of Wisconsin–Madison

What Exactly Affects Land Prices in Beijing

Online Journal | Yemao Jia and Ruoyu Men | January 2024 Abstract This study examines the factors influencing land transaction prices in Beijing from 2018 to the present, using data from the GIS Pro online database. Focusing on variables like Total Gross Floor Space, Floor Area Ratio, Land Area, and Distance from Tiananmen Square, we …

The Efficacy of Taxation in Mitigating Market Failure in the UK Gambling Industry

Online Journal | Xuexuan Wang | January 2024 Abstract This essay delves into the intricate tapestry of the UK gambling industry, unraveling its dimensions from the definition and addictive nature of gambling to the structural dynamics and market failures it manifests. Drawing on insights from reputable sources, this exploration scrutinizes the historical trajectory of gambling, …

Interview with Prof. Fran Flanagan

Online Journal | Genevieve Goetz | January 2024 What made you initially interested in studying economics? “Well, I was an undergraduate at Wash U in St. Louis and I started studying physics. But I quickly realized that that wasn’t really human-related enough for me. And so I wasn’t really sure what I was gonna do, …

Interview with Dr. Katy Milkman

Online Journal | Aaron Mathew | January 2024 Dr. Katy Milkman is the James G. Dinan Professor at The Wharton School of the University of Pennsylvania and the co-director of the Behavioral Change for Good Initiative alongside Dr. Angela Duckworth. Her research interests span behavioral economics, psychology, and research methodology, which she explores in her …

Carbon Emissions: A Transferable Property Right?

Online Journal | Dhruvi Singh Raghuwanshi | January 2023 Background The government provides corporate incentives to produce eco-friendly automobiles through carbon credits. In most cases, an emission permit enables its owner to emit one tonne of a pollutant including carbon dioxide (Farrington, 2022). In this article, we dive into the analysis of the carbon credit …

EQ Vol.12: The Disregarded Economist: Barriers to Economic Policy Implementation

Contributing Writer: Eric Alberts | May, 2022 In the United States, citizens have the opportunity to participate in their government and influence policy decisions through voting. It’s not often that you hear someone critique this basic premise of our government. On paper, it is perhaps the best system in the world. But a small addition …

EQ Vol.12: Circumstances, Effort, and Inequality of Opportunity

Contributing Writer: Eric Hsienchen Chu | May, 2022 In 2020, the Korean movie “Parasite” won Best Picture in the Oscars, making a name not only in the film industry but around the globe. This film became extremely renowned because it profoundly depicted the ingrained inequalities in South Korea’s society – the suffocating contrasts of the …

EQ Vol.12: How to Become a Billionaire

Contributing Writer: Alexandra Dogaru | May, 2022 Every investor’s goal is to beat the market at the lowest possible cost, measured by risk. However, not every market participant can achieve such a performance. Because of the way financial markets are designed, for every win there is a corresponding loss. With the development of the Modern …

EQ Vol.12: Our Interview with Dr. Noah Williams

Contributing Writer: Charlie Fahey | May, 2022 Professor Noah Williams is the Curt and Sue Culver Professor of Economics and an Adjunct Fellow at the Manhattan Institute. A graduate of the University of Chicago, he was formerly an Assistant Professor at Princeton University and is currently the director and founder of CROWE, the Center for …

EQ Vol.12: Sleep Economics

Contributing Writer: Thomas Haddock | May, 2022 I often stumble into friendly debates with roommates or classmates surrounding sleeping habits and schoolwork. It seems the widely held belief is that unless you are a master of time management, sleep often comes second to schoolwork. Why do we value a little extra studying over a little …