Last week I stayed up all night (literally) to finish my Econometrics project. My project was a real eye-catcher: “Salaries of Major League Baseball Players.” At the time I chose my project I was knee deep in no data (in case you were wondering in philosophy class we get to talk about “nothing” and “nothingness”). [...]
Author Archive for whawk7vu
I was getting excited about new data I found. In addition to comparing GDP per capita data between the US and Africa, I also found average ARV drug prices, some data of production costs, and drug company profits. My idea was to use comparisons between GDP to set up a pricing structure. The problem lies [...]
Last week after talking to Professor Greenlaw I was on top of the world. I understood what I was going to write about. I had new and fresh ideas. I was a happy man. Now after 4 hours of studying I don’t quite understand the theory. When we talked, we talked about second degree price [...]
So my newest issue is the critical review section of my paper. I know that this might not seem like a big issue, but when you don’t have any data to back up your theory, you want everything to be perfect. Most of the research that I had done up until about a week ago [...]
The Bad News: My Paper is not done. Not even close actually.
The Good News: I only have 2 exams during exam week, and I can concentrate most of my work on my project.
The Better News: I finally understand my argument. It makes sense. After talking to Dr. Greenlaw I have figured out the answer. With [...]
I am applying the theory of third degree price discrimination to my research. It is appropriate for my research because many prescription drugs, before their patent runs out, are monopolies in the sense that there is not a close substitute good. This means that it is possible that price discrimination could provide drugs to less [...]
After meeting with Dr. Greenlaw and reading a few articles I have been reenergized. Although my paper will be highly theoretical, there is a surprisingly large amount of amazing research with regards to measuring the implicit costs of diseases. My new task is to find a way to measure the benefits of prescription drugs (or [...]
I am having a lot of trouble. My basic research outline is as follows: First, I am going to a simple the theory of the firm model. The purpose of this model would be to show that firms attempt to maximize profits. Secondly, I want to use a theory of price discrimination. My plan was [...]
My quest for a good research question has turned out to be extremely difficult. I am interested in Thomas Pogge and his work with developmental ethics. He is developing a system on how to incentivize providing drugs to poorer countries. My first question was going to be “Why is it that poorer countries can’t receive [...]