Under certain circumstance, a relaxation in occupational licensing standards can increase the quality of those who enter the industry. The effect turns on the opportunity costs of preparing for the licensing examination: making the test easier can increase the quality of those passing if it...

We offer the first direct evidence of an implicit contract in a goods market. The evidence comes from the market for Coca-Cola. We demonstrate that the Coca-Cola Company left a written evidence of its implicit contract with its consumers—a very explicit form of an implicit contract. The...

The paper analyzes issues of emergence and development of institute of legal support of activity of the situational centers in the Russian Federation

In last few decades the Public Administration has changed. It is well known that the public sector is obliged to follow social needs by modernizing its procedures and services. The goal of the Public Administration is to serve society. But, the existed laws and regulations do not always cover...

The regionalization and the decentralization processes are absolutely necessary to increase the efficiency of Romanian public administration, both through a better capacity of absorption of the European funds and by reducing bureaucracy, better representation of local and regional interests in...

At a time in which behavioural science has gained increasing attention for the design of population-wide health interventions, this chapter discusses its potential contributions to the prevention and control of Non-Communicable-Diseases (NCDs). Given the largely preventable nature of NCDs, any...

At a time when policy makers want to change the behaviour of citizens to tackle a broad range of social problems, such as climate change, excessive drinking, obesity and crime, a promising new policy approach has appeared that seems capable of escaping the liberal reservations typically...

In the 1970s motion picture studios increased their use of blind bidding and non-refundable guarantees in an attempt to reduce the risks associated with producing a small number of large budget films. However, theater owners claimed that blind bidding and guarantees shifted risk to them and...

The market for law professors fulfils the conditions for a hog cycle: in the short run, supply cannot be extended or limited; future law professors must be hired soon after they first present themselves, or leave the market; demand is inelastic. Using a comprehensive German dataset, we show that...

As shown in the Presidential Architecture Commission’s Report for 2009, Romania’s natural and man-made heritage is in a permanent state of destructive aggression. Disappearance of national heritage due to negligence or destruction is becoming a more frequent phenomenon and reflects a process...