Since blockchain technology supports digitally-native money, the centralized chokepoints that governments have traditionally targeted to regulate commerce no longer apply to our (digital) property. However, competent regulation furthers basic public policy goals and should enable responsible...

The rise of shale gas and tight oil development has triggered a major debate about hydraulic fracturing (HF). In an effort to mitigate risks from HF, especially with respect to water quality, many U.S. states have introduced disclosure mandates for HF wells and fracturing fluids. We use this...

The chief goal of financial regulation is to protect our economy from the enduring harm inflicted by financial crises. Both the physical impacts of climate change itself, and the economic dislocations sure to accompany transitions away from carbon-intensive energy sources, could threaten the...

We investigate the impact of uneven transparency regulation across countries and industries on the location of economic activity. Using two distinct sources of regulatory variation — the varying extent of financial-reporting requirements and the staggered introduction of electronic business...

This paper provides the first quantitative economic models of pharmacy benefit management regulation. The price-theoretic models allow for various market frictions and imperfections including market power, coordination costs, tax distortions, and incomplete innovation incentives. A rigorous...

This paper furnishes an inclusive framework to examine the welfare effects of the interventions of multiple policies, and other exterior alterations under imperfect competition and an assertion on particular and .the leading case of the ad valorem taxes. In particular, for the tax pass-through,...

The purpose of the article is to discuss and analyze new regulations regarding passenger transport, new obligations of intermediaries such as Uber and drivers using such platforms. Analysis and interpretation of legal provisions, analysis of the socioeconomic context and desirable implications....

The act of gratuities and tipping is one with which every American is familiar, as are the multitude of frustrations associated with it. However, there is no group suffering more from this system than the very workers who rely on them.The Fair Labor Standards Act was amended in 1966 to establish...

Public procurement is progressively being erected as the gatekeeper of digital technology adoption by the public sector and thus positioned as digital technology regulator, especially in the EU and UK context. Procurement is expected to ensure that the public sector only adopts trustworthy...

Payday loans continue to be a commonly used yet controversial source of credit for low-income consumers. We study the consequences of capping online payday loan sizes using a fuzzy regression kink design. The interaction of lenders’ underwriting rules with state loan caps creates exogenous...