cost: a gas tax and an optimal weight varying mileage tax. Comparing these options, we find that the cost is similar for …

the cost of these guarantees. The most common technique is to 'over-fund' the benefit: the contribution rate is set high …

uncertainty over the cost of completion. The first is technical uncertainty, i.e., uncertainty over the amount of time, effort … proceeds. The second is input cost uncertainty, i.e., uncertainty over the prices and quantities of labor and materials …'s value, and I use it to show how these two types of uncertainty have very different effects on investment decisions. As an …

The value of installed computers falls rapidly and therefore computers have a very high user cost. The paper provides a … complete account of the non-financial user cost of personal computers -- decomposing it into replacement cost change … value of used computers comes from declines in replacement cost, this paper shows the second most important source of …

a modest reduction in cost per student, but only for undergraduate instruction. Recent policy efforts to promote …

An important cost of investing in private equity is the illiquidity of these investments. In response to this …