Policy to reduce poverty has often foundered on the issue of work incentives. The issue is a manifestation of the traditional conflict between equity and efficiency; the redistribution of income from higher to lower income people typically leads to reduced incentives for both groups to supply...

The application of benefit–cost analysis principles by the Federal Aviation Administration (FAA) to a major infrastructure investment proposal – the expansion of Chicago O’Hare International Airport – is analyzed. The City of Chicago is proposing a major physical expansion of O’Hare...

Data from the Survey of Income and Program Participation are used to investigate ways in which health influences a single mother's decision whether to work: the direct effect of a woman's health on work effort and potential wage; the impact of her children's health on hours available to work; and...