A large economics literature seeks to understand the reasons why individuals make charitable contributions. Fundamental features of most models of charitable giving are the inclusion of externalities induced by other agents and the Lancasterian characteristics approach to specifying utility...

A large economics literature seeks to understand the reasons why individuals make charitable contributions. Fundamental features of most models of charitable giving are the inclusion of externalities induced by other agents and the Lancasterian characteristics approach to specifying utility...

For the social scientist, software is a tool, not an end in itself. My objective in this review is to help practicing economists decide which tool will best get the task done. To do this, I report on how seven programs performed on each of six different econometric projects. I focus on Limdep,...

Consider a public utility that offers its service at two different times. We study the effects of a change from uniform pricing throughout the day to peak-load pricing. We show that for a utility constrained to operate with a fixed rate of return on capital, the introduction of peak-load pricing...

This is a set for frequently asked questions (and answers) about the economic, institutional, and technological structure of the Internet. The authors describe the current state of the Internet, discuss some of the pressing economic and regulatory problems, and speculate about future developments.

Computer automation has the potential, just starting to be realized, of transforming the design and operation of markets, and the behaviors of agents trading in them. We discuss the possibilities for automating markets, presenting a broad conceptual framework covering resource allocation as well...