Production of commodities based on open-access renewable natural resources (NR) has usually been examined under "low" congestion (LC) - where MC AC and both increase with output. I identify two additional congestion categories, "high" (HC) and "super" (SC) congestion - where AC is...

A common issue in online dating platforms is that many users focus their attention on a subset of popular peers, which leads to congestion and thus lower matching rates. Our study examines the results of a randomized natural field experiment, wherein our corporate partner, a large online dating...

The impact of ride-hailing services on urban congestion has been difficult to disentangle due to a shortage of data and an appropriate empirical setting. Despite the preponderance of studies examining various aspects of their impact on urban mobility, such as relationship with public transit and...

We study whether subways alleviate road congestion by examining 45 subway line launches in China and using detailed data on road speed. Our difference-in-differences estimation finds that in the first year after a subway line is launched, rush-hour speed on nearby roads increases by about 4%....

I examine blockchain congestion episodes caused by more than 4,400 triggers for ransomware attacks over a two-year period. When demand for settlement exceeds blockchain capacity, blockchain users engage in fee competition to prioritize their transaction settlement. A typical surge in ransomware...

Using data from over 300,000 visits to an emergency department (ED), we study the accuracy of gatekeeping decisions (admission to the hospital or discharge home) and the effectiveness of a second gatekeeping stage (a clinical decision unit (CDU) in our context) at reducing gatekeeping errors....

Because a hospital is an interconnected, interdependent network of care units, allocating resources — beds, nurses, and improvement initiatives — to one unit to reduce its congestion may have spillover effects on other units. As such, to identify the bottleneck unit and improve access to...

Autonomous vehicle (AV) technologies lower the private cost of driving, leading to induced demand for road use at peak times. Because adoption is likely to skew towards higher-income commuters, we show that the congestion externalities exacerbated by adoption are likely to be experienced...

A common feature in different courts of appeal, including the Supreme Courts of different countries is inordinate delay in administration of justice. Increasing caseload per judge is often treated as the culprit and hiring more judges is a popular corrective device. Particularly, for the Supreme...

We use unique data on work hours of Federal Reserve bank supervisors and a structural model to provide new insights on the impact of bank supervision, the efficiency of the allocation of supervisory resources, and the shape of supervisory preferences. We find that supervision has an economically...