The paper develops a model of academic tenure based on multi-tasking and screening. A professor has two tasks, researching and teaching. We assume that researching performance is easy to measure but teaching performance is immeasurable. Then Holmtrom and Milgrom's (1991) classical muli-task...

Transportation finance has been historically dominated by assessing taxes totransportation users and taxes on the general public. Innovative financing mechanismssuch as tax increment financing, special assessment districts, and others represent valuecapture techniques that tax property owners to...