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theory of law, our finding that the public courts do not automatically generate efficient rules is disappointing, since it … strongly influenced by economic considerations and explicable in economic terms, is evidence that economic theory has a major …
Persistent link: https://www.econbiz.de/10013238728
Some public goods are provided entirely with private contributions, others with a mixture of public and private funding …
Persistent link: https://www.econbiz.de/10012920474
This paper examines voluntary provision of a public good that is motivated, in part, to compensate for other activities that diminish the public good. Markets for environmental offsets, such as those that promote carbon neutrality to minimize the impact of climate change, provide an increasingly...
Persistent link: https://www.econbiz.de/10012751722
goods as incentives, and estimates respondents' willingness to support the oldest food bank in the U.S …
Persistent link: https://www.econbiz.de/10013020711
In this paper, we consider a number of issues regarding crime prevention and criminal justice. We begin by considering how crime is measured and present both general and specific evidence on the level of crime in a variety of countries. Crime is pervasive and varies substantially across...
Persistent link: https://www.econbiz.de/10013225388
We develop a model of the private provision of public goods in a world where agents face convex costs of provision … public goods such as environmental quality or energy conservation. Counter to the standard result, we find that technology …
Persistent link: https://www.econbiz.de/10013051744
We examine the relationship between the price of giving and the decision to contribute in a framed field experiment (n = 2,440). In a departure from previous research using match rates and rebates, we vary the price of contributing to the public good directly. Treatment groups differ between...
Persistent link: https://www.econbiz.de/10013077652
Incomplete product availability is an important feature of many markets; ignoring changes in availability may bias demand estimates. We study a new dataset from a wireless inventory system installed on 54 vending machines to track product availability every four hours. The data allow us to...
Persistent link: https://www.econbiz.de/10012758419
Over the past 20 years, demand for acute care hospital services has declined more rapidly than has hospital capacity. This paper investigates the extent to which the preponderance of the nonprofit form in this industry might account for this phenomenon. We test whether rates of exit from the...
Persistent link: https://www.econbiz.de/10014115028
To develop new evidence on the effects of hospital ownership and other aspects of hospital market composition on health care productivity, we analyze longitudinal data on the medical expenditures and health outcomes of the vast majority of nonrural elderly Medicare beneficiaries hospitalized for...
Persistent link: https://www.econbiz.de/10013230582