Working Papers

The Series publishes original economics-related working papers by UNLV undergraduates. Papers are editorially screened but are not peer reviewed and may be revised.

The permanent repository records and deposited full texts are available through OAsis.

Published collection

Showing 15 papers

  1. Determinants of March Madness Tournament Advancement

    • Jace Waldahl

    Abstract

    This paper examines whether tournament seed and team efficiency ratings help explain how far teams advance in the NCAA men's basketball tournament. Using Bart Torvik NCAA basketball ratings data from 2008 to 2025, I construct a team-year…

    Keywords: March Madness, NCAA tournament, tournament advancement, seed, basketball efficiency, OLS

  2. Las Vegas Casino Revenue in an Expanding Gambling Market

    • Kaden A. Villa-Real

    Abstract

    This study examines whether expanding gambling substitutes disrupt the Las Vegas gambling industry using quarterly data from 2014 through 2025. Las Vegas casino revenue is used as the benchmark to gauge the health of Las Vegas, adjusted to…

    Keywords: Las Vegas, gambling substitutes, online gambling, online sports betting, casino revenue

  3. Gambling Behaviors: How Do Gambling Losses Affect Future Wagers?

    • Ashley Talavera
    • Hannah Lopez Ibarra
    • Roman Rozbitskyy

    Abstract

    This study looks at how previous gambling losses affect future betting behavior in online cryptocurrency gambling markets. Using roughly 50,000 real betting observations from Bustabit, the paper tests whether gamblers become more…

    Keywords: Gambling Behavior, Prospect Theory, Cryptocurrency Gambling, Fixed Effects, Online Betting

  4. Simple Determinants of Commercial Bank Failures

    • Matthrew Qi

    Abstract

    This study investigates the internal and macroeconomic determinants of commercial banking failures in the United States spanning 1959 to 2025. Using a logit model and a four-quarter lag, two models are estimated: a comprehensive model…

    Keywords: Bank failure, commercial bank, logistic regression model, logit model, CAMELS, macroeconomic conditions

  5. The Structural Limitations of Mining Output Growth in Nevada

    • Mckinley Brown
    • Emma Kitchen

    Abstract

    This study compares short and long trends in Nevada to the production output within the mining industry. Nevada produces around 70% of the United States gold and about 15% of the world's critical minerals. From its position as one of the…

    Keywords: Production Efficiency, Labor and Output, Capital Development

  6. MLB Speed Premium

    • Jacob A. Keithley
    • Chris Hampton

    Abstract

    This study analyzes if the 2023 rule changes affected the valuation for speed in the MLB labor market. By using a log-linear wage model and including an interaction term for stolen bases and the post-2023 indicator, we test to see if there…

    Keywords: MLB, Stolen Base, Labor Market Shock

  7. The Effects of Neighborhood and Interior Characteristics on Residential Sale Prices

    • Ella Sophie Hagman

    Abstract

    This study analyses to what extent certain neighborhood and interior characteristics affect residential sale prices, after accounting for standard property variables. This is important to examine in order to understand the function of the…

    Keywords: Housing Prices, Hedonic Pricing Model, Interior Attributes, Neighborhood Characteristics, Regression Analysis

  8. Labor Market Responses to AI: Measuring Wage Effects Across U.S. Occupations

    • Kaitlin Pham
    • Karla Rodriguez

    Abstract

    Artificial intelligence (AI) is rapidly changing economies around the world, with some experts predicting an impact greater than the Industrial Revolution. As AI becomes more common in daily life and business, questions have grown about…

    Keywords: AI exposure, occupational wages, automation risk

  9. Social Determinants of Low Educational Attainment

    • Isabelle Graham
    • Kevin Lieng
    • Aubriana Weisbach

    Abstract

    This paper examines how socioeconomic and demographic factors influence low educational attainment across U.S. cities. The analysis estimates both a linear regression model and a semi-log model to evaluate how poverty, unemployment, family…

    Keywords: Educational attainment, Poverty, Socioeconomic factors, Demographic, Social determinants, Inequality, Structural inequalities

  10. Do Rural Areas Gender-Discriminate Wages More than Metropolitan Areas?

    • Ali Gonzalez
    • Michael Montano
    • Brandon Sacks
    • Joseph Williams

    Abstract

    This study analyzes the gender wage gap in metropolitan versus rural areas using U.S. hourly wage data from the Bureau of Labor Statistics (BLS), for the period 2010-2025. The analysis uses regressions on a semi-log wage model and…

    Keywords: Gender wage gap, rural areas, metropolitan areas, hourly wage, labor market discrimination

  11. Key Determinants of Diamond Value

    • Tobey Brill
    • Alexander Dobrovolskyi
    • Rayland Labayog

    Abstract

    This paper intends to examine the determinants of diamond pricing using a hedonic regression framework. Using the diamonds dataset from Wickham (2016), we analyze the four C’s, also known as carat weight, cut, color, and clarity. We also…

    Keywords: Diamond pricing, Four Cs, Hedonic regression

  12. Hedonics of Used Car Attributes on Market Price

    • Alexander Bent
    • Jason Gutierrez

    Abstract

    This paper uses Rosen's paper on hedonic pricing as a framework to analyze the determinants of used car prices found in Craigslist. Using cleaned data, we observe over 43,000 listings from 2005 to 2020 and investigate factors that affect…

    Keywords: Hedonic Pricing, Ordinary Least Squares, Consumer Preferences, Product

  13. Does a Star Player’s Jewelry Matter? An Analysis of NBA Real Team Value

    • Brandon C. Penticoff

    Abstract

    This study dives into the financial and sport factors that impact team market value and revenue. This study's results confirm that star players significantly enhance team value, with NBA Superstars adding nearly $500 million annually. This…

    Keywords: NBA, Team Value, Star Players, Sports Economics, Principal-Agent Problem

  14. The Effects of the Tax Credit on the Used Electric Vehicle Market

    • My Tu T. Tran

    Abstract

    In the past few years, tax credits have become the fundamental policy instrument to incentivize the adoption of electric vehicles (EVs) in the United States. However, contemporary research primarily focuses on new EVs, while the impact of…

    Keywords: Tax Credits, Electric Vehicle Market, Used Cars Market

  15. The Race for Increasing College Costs

    • Mark Jayson Farol

    Abstract

    As higher education continues to shift to be more progressive, providing access to more students of different backgrounds, it currently is facing an obstacle. The escalating cost of tuition is growing to be a significant concern for access…

    Keywords: Bennett’s Hypothesis, Tuition, Financial Aid