Showing 1 - 10 of 2,580
This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …
Persistent link: https://www.econbiz.de/10012314696
Most demand -- especially labor demand -- is derived from the demand for some other product. This note demonstrates that the usual analysis of economic rent, as typically explained for the case of consumers' surplus, carries over to the case of derived demand. -- derived demand ; indirect demand...
Persistent link: https://www.econbiz.de/10003333109
In the mid-19th century, the urban milk supply in the United States was regularly skimmed or diluted with water …, reducing its nutritional value. At the urging of public health experts, cities across the country hired milk inspectors, who … were tasked with collecting and analyzing milk samples with the goal of preventing adulteration and skimming. Using city …
Persistent link: https://www.econbiz.de/10012803670
milk supply was regularly skimmed and diluted with water, but consumers could not easily determine its quality because dyes …, caramel, and salt were added. To protect consumers, milk inspectors were tasked with enforcing a well-defined MQS. Using city …-level data for the period 1880-1910, we find that milk inspections reduced mortality from waterborne and foodborne diseases by 8 …
Persistent link: https://www.econbiz.de/10013198931
Large international differences in the price of labor can be sustained by differences between workers, or by natural … and policy barriers to worker mobility. We use migrant selection theory and evidence to place lower bounds on the ad ….S. immigrant workers and workers in their 42 home countries. The average price equivalent of migration barriers in this setting …
Persistent link: https://www.econbiz.de/10011454010
Persistent link: https://www.econbiz.de/10001896413
This study examines whether people optimally respond to prize incentives for risk taking in tournaments. I exploit the television game show World Poker Tour as a natural experiment. The results show that professional players strategically choose the degree of risk taking depending on the...
Persistent link: https://www.econbiz.de/10002455855
% increase in the price of energy. This finding holds in multiple contexts and across various robustness checks. Supplementary … survey evidence suggests that people believe the energy price increases are temporary, not permanent. …
Persistent link: https://www.econbiz.de/10013547712
analyze three therapeutic classes with different treatment durations and show that the reform led to substantial price … decreases for our lifelong treatment and to less substantial price reductions for our medium duration treatment while we do not …
Persistent link: https://www.econbiz.de/10010467805
, 2001. We investigate especially the impact of the policy change on the price of illicit drugs. The analysis is performed …
Persistent link: https://www.econbiz.de/10010487539