Econometricians modeling Stated Preference (SP) data, and most other types of data, are confronted with the uncomfortable reality that our knowledge of the “true” model is limited, with only certain variables suggested by the application at hand and general classes of functional forms and...

A mathematical model of drinking that incorporates the impact of relapse, in a rather simple setting, is analyzed primarily under the impact of two time-dependent controls (policies) put in place over a finite time horizon. The model divides the population of interest in three drinking classes:...

This article examines the effects of implementing FIN 48 on companies’ tax burdens. While the literature examines how FIN 48 impacts companies’ financial reporting, its effect on tax payments has not yet been explored. We find that FIN 48 likely increased larger companies’ tax burdens....