https://dspace.aua.am/xmlui/handle/123456789/1452 2026-04-19T09:05:43Z https://dspace.aua.am/xmlui/handle/123456789/1953 On the behavior of S&P 500 index premium since the 2008 recession Vartanyan, Oleg Prior research has indicated a clear relationship between index inclusion and stock returns; a phenomenon known as index premium. Various research papers have attributed inclusion in the S&P 500 index an additional price increase for the new member firms and a negative price return for the firms that are removed from the index. Index premium has been explained by the increasing share of passive investment management and index investing in the larger wealth management landscape. Upon the addition of the firm in the index ETFs and other funds that mimic the index start loading up the firm’s stock which shifts the demand curve in the market and results in significant price changes. The paper tries to provide an empirical analyses of index investing and the price impact of index investing on stocks. The paper finds that for the time period of 2008 to 2021, the index premium of S&P 500 index has been none-existent, meaning there is no clear relationship between index additions and abnormal price returns. This research focuses of the on the S&P 500 index additions following the 2008 crisis, thus index deletions have been left out. Thesis 2021-01-01T00:00:00Z https://dspace.aua.am/xmlui/handle/123456789/44 Foreign direct investment and policy decisions in developing countries : panel study Arakelyan, Shushanna Given the importance of Foreign Direct Investment (FDI) in filling the saving-investment gap and transferring technological and managerial capabilities to developing countries, this paper examines the significance and impact of policy decision on FDI inflow to developing countries. Using panel data from 103 lower-middle and upper-middle-income countries for period 2000-2017, and by applying Random Effect Panel Regression models this paper identifies that inflation, corruption, and Ease of Doing Business Indicators such as Time to Registering Property and Time to Enforce Contracts are significant policy variables impacting FDI inflows in developing countries. Additionally, this paper identifies that Population, GDP growth, and Trade Openness are significant economic determinants of FDI inflow. 2019-01-01T00:00:00Z https://dspace.aua.am/xmlui/handle/123456789/40 Finitely repeated Prisoners’ dilemma game : experimental evidence from Armenia Lalayan, Yeva Game Theoretical approach was used in multiple spheres as a good determinant of human behavior. It was known to be a solid theory of games and rationality that are proven by mathematical equations and derivations until the time where thy real-life interactions of humans within the experimental framework started to differ from the one told in theory. This paper tries to identify the behavioral patterns of Armenian students who took part in the Prisoners’ dilemma experiment conducted during the Capstone Simulation program offered as a required course for AUA BAB senior students. 2019-01-01T00:00:00Z https://dspace.aua.am/xmlui/handle/123456789/37 What are gender specifics that affect how men and women do offline shopping? Sargsian, Yuri Previous research suggests that men and women exhibit different behavior when it comes to offline shopping. This study seeks to explore the relation between gender and consumer shopping behavior in shopping. Apparently, there are many factors that influence consumer purchasing decision, gender being one of them, and, in fact, the most important and significant one. In this study, we review what those gender specifics are that affect how men and women are making buying decisions when shopping offline. 2019-01-01T00:00:00Z