The impact of regulation of efforts to minimize costs has been widely discussed, but remains difficult to measure. The sophisticated regulation of water utilities in Wisconsin allows us to attempt such on assessment since different firms can be under different regulatory regimes (price cap or...

We empirically investigate the determinants of household flood protective strategies and risk perception using data from a household-level survey conducted in spring 2012 in Vietnam. Our empirical analysis shows that some flood protective behaviours of Vietnamese households are driven by the...

Credit agents in microfinance institutions (MFIs) must be given incentives to acquire information on potential borrowers and select them in accordance with the MFI's objectives. We show that while giving incentives has no cost in for-profit MFIs, it is costly in pro-poor MFIs: When repayment and...