Over the past several months each member of the Editorial Board has had the pleasure and opportunity to read and review some outstanding undergraduate papers, as well as work with a truly extraordinary group of individuals. Because of this we would like to start by thanking everyone who has been involved in this project. The purpose of this journal is to provide a forum for undergraduate students to publish exceptional works in the field of economics. After many submissions and weeks of review and editing with the authors, we have chosen to proceed with these final papers. The selection process was difficult, as all of our submissions showed outstanding effort in their authorship, but the following papers stood out as truly top-tier work. For all of those who submitted your papers, we thank you, and can assure you that selection process was an arduous one. For those of you whose submissions have been selected, we offer our congratulations and thank you for your participation in this project. Finally, we would like to give our thanks to the University of Massachusetts Amherst Department of Economics and the Economics Alumni Advisory Board, as this journal would not be possible without their support.
Best regards,
Sam Jordan
on behalf of the Editorial Board
Massachusetts Undergraduate Journal of Economics,
2012-13