Matching Items (12,868)
Filtering by
- Creators: Barrett, The Honors College
Description
This Master's thesis locates four works by William Dyce inspired by Dante Alighieri's Commedia: Francesca da Rimini (1837), Design for the Reverse of the Turner Medal (1858), Beatrice (1859), and Dante and Beatrice (date unknown) in the context of their literary, artistic and personal influences. It will be shown that, far from assimilating the poet to a pantheon of important worthies, Dyce found in Dante contradictions and challenges to his Victorian, Anglican way of thinking. In this thesis these contradictions and challenges are explicated in each of the four works.
ContributorsTiffany, Kristopher (Author) / Serwint, Nancy (Thesis advisor) / Gully, Anthony (Committee member) / Codell, Julie (Committee member) / Arizona State University (Publisher)
Created2013
Description
Schennach (2007) has shown that the Empirical Likelihood (EL) estimator may not be asymptotically normal when a misspecified model is estimated. This problem occurs because the empirical probabilities of individual observations are restricted to be positive. I find that even the EL estimator computed without the restriction can fail to be asymptotically normal for misspecified models if the sample moments weighted by unrestricted empirical probabilities do not have finite population moments. As a remedy for this problem, I propose a group of alternative estimators which I refer to as modified EL (MEL) estimators. For correctly specified models, these estimators have the same higher order asymptotic properties as the EL estimator. The MEL estimators are obtained by the Generalized Method of Moments (GMM) applied to an exactly identified model. The simulation results provide promising evidence for these estimators. In the second chapter, I introduce an alternative group of estimators to the Generalized Empirical Likelihood (GEL) family. The new group is constructed by employing demeaned moment functions in the objective function while using the original moment functions in the constraints. This designation modifies the higher-order properties of estimators. I refer to these new estimators as Demeaned Generalized Empirical Likelihood (DGEL) estimators. Although Newey and Smith (2004) show that the EL estimator in the GEL family has fewer sources of bias and is higher-order efficient after bias-correction, the demeaned exponential tilting (DET) estimator in the DGEL group has those superior properties. In addition, if data are symmetrically distributed, every estimator in the DGEL family shares the same higher-order properties as the best member.
ContributorsXiang, Jin (Author) / Ahn, Seung (Thesis advisor) / Wahal, Sunil (Thesis advisor) / Bharath, Sreedhar (Committee member) / Mehra, Rajnish (Committee member) / Tserlukevich, Yuri (Committee member) / Arizona State University (Publisher)
Created2013
Description
I show that firms' ability to adjust variable capital in response to productivity shocks has important implications for the interpretation of the widely documented investment-cash flow sensitivities. The variable capital adjustment is sufficient for firms to capture small variations in profitability, but when the revision in profitability is relatively large, limited substitutability between the factors of production may call for fixed capital investment. Hence, firms with lower substitutability are more likely to invest in both factors together and have larger sensitivities of fixed capital investment to cash flow. By building a frictionless capital markets model that allows firms to optimize over fixed capital and inventories as substitutable factors, I establish the significance of the substitutability channel in explaining cross-sectional differences in cash flow sensitivities. Moreover, incorporating variable capital into firms' investment decisions helps explain the sharp decrease in cash flow sensitivities over the past decades. Empirical evidence confirms the model's predictions.
ContributorsKim, Kirak (Author) / Bates, Thomas (Thesis advisor) / Babenko, Ilona (Thesis advisor) / Hertzel, Michael (Committee member) / Tserlukevich, Yuri (Committee member) / Arizona State University (Publisher)
Created2013
Description
This project examines C.L.R. James, V.S. Naipaul, and George Lamming's appropriation of the European Bildungsroman, a novel depicting the maturation of the hero prompted by his harmonious dialectical relationship with the social realm (Bildung). I contend that James, Naipaul, and Lamming use the Bildungsroman genre to critique colonialism's effects on its subjects, particularly its male subjects who attend colonial schools that present them with disconcerting curricula and gender ideologies that hinder their intellectual and social development. Disingenuously cloaked in paternalistic rhetoric promising the advancement of "uncivilized" peoples, colonialism, these novels show, actually impedes the development of its subjects. Central to these writers' critiques is the use of houses, space, and land. Although place functions differently in Minty Alley, A House for Mr. Biswas, and In the Castle of My Skin, the novels under consideration here, the corresponding relationship between a mature, autonomous self and a home of one's own is made evident in each. Tragically, the men in these novels are never able to find communities in which they cease to feel out of place, nor are they ever able to find secure domestic spaces. Because the discourse of home so closely parallels the discourse of Bildung, I contend that the protagonists' inability to find stable housing suggests the inaccessibility of Bildung in a colonized space. Further, I assert that this literal homelessness is symbolic of the educated male's cultural exile; he is unable to find a location where he can live in dialectical harmony with any community, which is the ideal aim of Bildung. Leaving the Caribbean proves to be the colonized male's only strategy for pursuing Bildung; thus, these novels suggest that while Bildung is impossible in the Caribbean, it is not impossible for the Caribbean subject.
ContributorsPate, Leah (Author) / Castle, Gregory (Thesis advisor) / Codell, Julie (Committee member) / Bivona, Dan (Committee member) / Arizona State University (Publisher)
Created2012
Description
In the first chapter, I develop a representative agent model in which the purchase of consumption goods must be planned in advance. Volatility in the agent's portfolio increases the risk that a purchase cannot be implemented. This implementation risk causes the agent to make conservative consumption plans. In the model, this leads to persistent and negatively skewed consumption growth and a slow reaction of consumption to wealth shocks. The model proposes a novel explanation for the negative relation between volatility and expected utility. In equilibrium, prices of risky assets must compensate for the utility loss. Hence, the model suggests a new mechanism for generating the equity risk premium. Importantly, because implementation risk does not rely on the co-movement of asset prices with marginal utility, the resulting equity premium does not require concavity of the intratemporal utility function.
In the second chapter, I challenge the view that equity market timing always benefits
shareholders. By distinguishing the effect of a firm's equity decisions from the effect of mispricing itself, I show that market timing can decrease shareholder value. Additionally, the timing of equity sales has a more negative effect on existing shareholders than the timing of share repurchases. My theory can be used to infer firms' maximization objectives from their observed market timing strategies. I argue that the popularity of stock buybacks, the low frequency of seasoned equity offerings, and the observed post-event stock returns are consistent with managers maximizing current shareholder value.
In the second chapter, I challenge the view that equity market timing always benefits
shareholders. By distinguishing the effect of a firm's equity decisions from the effect of mispricing itself, I show that market timing can decrease shareholder value. Additionally, the timing of equity sales has a more negative effect on existing shareholders than the timing of share repurchases. My theory can be used to infer firms' maximization objectives from their observed market timing strategies. I argue that the popularity of stock buybacks, the low frequency of seasoned equity offerings, and the observed post-event stock returns are consistent with managers maximizing current shareholder value.
ContributorsWan, Pengcheng (Author) / Boguth, Oliver (Thesis advisor) / Tserlukevich, Yuri (Thesis advisor) / Babenka, Ilona (Committee member) / Arizona State University (Publisher)
Created2015
Description
This dissertation project addresses one of the most critical problems in the study of religion: how do scriptures acquire significance in religious communities in ways that go beyond the meaning of their words? Based on data collected during ethnographic work in Maharashtra, India, in 2011 and 2012, I analyze the complex relationship between a religious text and its readers with reference to ritual reading of the Gurucaritra, a Marathi scripture written in the sixteenth century. I argue that readers of the Gurucaritra create a self-actualized modern religiosity both by interpreting the content of the text and by negotiating the rules of praxis surrounding their reading activity.
In particular, this dissertation analyzes the ways in which members of the Dattatreya tradition in urban Maharashatra ritualize their tradition's central text-- the Gurucaritra--in terms of everyday issues and concerns of the present. Taking inspiration from reader-response criticism, I focus on the pArAyaN; (reading the entire text) of the Gurucaritra, the central scripture of the Dattatreya tradition, in the context of its contemporary readings in Maharashtra. In the process of reading the Gurucaritra, readers become modern by making a conscious selection from their tradition. In the process of approaching their tradition through the text, what they achieve is a sense of continuity and a faith that, if they have the support of the guru, nothing can go wrong. In the process of choosing elements from their tradition, they ultimately achieve a sense of being modern individuals who work out rules of religiosity for themselves.
This dissertation contributes to the study of scriptures in two major ways: first, by bringing forth how religious communities engage with scriptures for reasons other than their comprehension; second, by showing how scriptures can play a crucial role in religious communities in the context of addressing concerns of their present. Thus, this research contributes to the fields of scripture studies, Hinduism, and literary criticism.
In particular, this dissertation analyzes the ways in which members of the Dattatreya tradition in urban Maharashatra ritualize their tradition's central text-- the Gurucaritra--in terms of everyday issues and concerns of the present. Taking inspiration from reader-response criticism, I focus on the pArAyaN; (reading the entire text) of the Gurucaritra, the central scripture of the Dattatreya tradition, in the context of its contemporary readings in Maharashtra. In the process of reading the Gurucaritra, readers become modern by making a conscious selection from their tradition. In the process of approaching their tradition through the text, what they achieve is a sense of continuity and a faith that, if they have the support of the guru, nothing can go wrong. In the process of choosing elements from their tradition, they ultimately achieve a sense of being modern individuals who work out rules of religiosity for themselves.
This dissertation contributes to the study of scriptures in two major ways: first, by bringing forth how religious communities engage with scriptures for reasons other than their comprehension; second, by showing how scriptures can play a crucial role in religious communities in the context of addressing concerns of their present. Thus, this research contributes to the fields of scripture studies, Hinduism, and literary criticism.
ContributorsYeolekar, Mugdha (Author) / Feldhaus, Anne (Thesis advisor) / Henn, Alexander (Committee member) / Codell, Julie (Committee member) / Arizona State University (Publisher)
Created2014
Description
In this dissertation, I examine the source of some of the anomalous capital market outcomes that have been documented for firms with high accruals. Chapter 2 develops and implements a methodology that decomposes a firm's discretionary accruals into a firm-specific and an industry-specific component. I use this decomposition to investigate which component drives the subsequent negative returns associated with firms with high discretionary accruals. My results suggest that these abnormal returns are driven by the firm-specific component of discretionary accruals. Moreover, although industry-specific discretionary accruals do not directly contribute towards this anomaly, I find that it is precisely when industry-specific discretionary accruals are high that firms with high firm-specific discretionary accruals subsequently earn these negative returns. While consistent with irrational mispricing or a rational risk premium associated with high discretionary accruals, these findings also support a transactions-cost based explanation for the accruals anomaly whereby search costs associated with distinguishing between value-relevant and manipulative discretionary accruals can induce investors to overlook potential earnings manipulation. Chapter 3 extends the decomposition to examine the role of firm-specific and industry-specific discretionary accruals in explaining the subsequent market underperformance and negative analysts' forecast errors documented for firms issuing equity. I examine the post-issue market returns and analysts' forecast errors for a sample of seasoned equity issues between 1975 and 2004 and find that offering-year firm-specific discretionary accruals can partially explain these anomalous capital market outcomes. Nonetheless, I find this predictive power of firm-specific accruals to be more pronounced for issues that occur during 1975 - 1989 compared to issues taking place between 1990 and 2004. Additionally, I find no evidence that investors and analysts are more overoptimistic about the prospects of issuers that have both high firm-specific and industry-specific discretionary accruals (compared to firms with high discretionary accruals in general). The results indicate no role for industry-specific discretionary accruals in explaining overoptimistic expectations from seasoned equity issues and suggest the importance of firm-specific factors in inducing earnings manipulation surrounding equity issues.
ContributorsIkram, Atif (Author) / Coles, Jeffrey (Thesis advisor) / Hertzel, Michael (Committee member) / Tserlukevich, Yuri (Committee member) / Arizona State University (Publisher)
Created2011
Description
Multi-media votive sculpture, made from wax, papier-mâché, wood, terra cotta and textiles, is a long-neglected subject of study in early modern Italian art history. This dissertation focuses on an unparalleled seventeenth-century manuscript, the Libro dei miracoli, which reproduces in watercolor a number of the lost multi-media votive statues that once populated the church of S. Maria della Quercia in Viterbo. The names of votaries, along with a description of their miracles, accompany the watercolors and present an invaluable source of information that allows for this first comprehensive study of votary identity. Abundant archival material maintained by S. Maria della Quercia, situated within larger historical events and cultural trends, informs this dissertation which explores the democratic nature behind votive statuary effigies. The offerings granted male and female members of most socio-economic classes in early modern Italy the extraordinary opportunity to act as patrons of art. Moreover, the sculptures, and watercolors after them, were individualized representations of votaries that can be considered a form of portraiture available to rich and poor alike.
ContributorsAdams, Jennifer (Author) / Codell, Julie (Thesis advisor) / Wolfthal, Diane (Thesis advisor) / Vitullo, Juliann (Committee member) / Arizona State University (Publisher)
Created2012
Description
Geology and its tangential studies, collectively known and referred to in this thesis as geosciences, have been paramount to the transformation and advancement of society, fundamentally changing the way we view, interact and live with the surrounding natural and built environment. It is important to recognize the value and importance of this interdisciplinary scientific field while reconciling its ties to imperial and colonizing extractive systems which have led to harmful and invasive endeavors. This intersection among geosciences, (environmental) justice studies, and decolonization is intended to promote inclusive pedagogical models through just and equitable methodologies and frameworks as to prevent further injustices and promote recognition and healing of old wounds. By utilizing decolonial frameworks and highlighting the voices of peoples from colonized and exploited landscapes, this annotated syllabus tackles the issues previously described while proposing solutions involving place-based education and the recentering of land within geoscience pedagogical models. (abstract)
ContributorsReed, Cameron E (Author) / Richter, Jennifer (Thesis director) / Semken, Steven (Committee member) / School of Earth and Space Exploration (Contributor, Contributor) / School of Sustainability (Contributor) / Barrett, The Honors College (Contributor)
Created2021-05
Description
The ASU COVID-19 testing lab process was developed to operate as the primary testing site for all ASU staff, students, and specified external individuals. Tests are collected at various collection sites, including a walk-in site at the SDFC and various drive-up sites on campus; analysis is conducted on ASU campus and results are distributed virtually to all patients via the Health Services patient portal. The following is a literature review on past implementations of various process improvement techniques and how they can be applied to the ABCTL testing process to achieve laboratory goals. (abstract)
ContributorsKrell, Abby Elizabeth (Co-author) / Bruner, Ashley (Co-author) / Ramesh, Frankincense (Co-author) / Lewis, Gabriel (Co-author) / Barwey, Ishna (Co-author) / Myers, Jack (Co-author) / Hymer, William (Co-author) / Reagan, Sage (Co-author) / Compton, Carolyn (Thesis director) / McCarville, Daniel R. (Committee member) / Industrial, Systems & Operations Engineering Prgm (Contributor) / Barrett, The Honors College (Contributor)
Created2021-05