This paper explores the dynamics of voting over mandatory education when parents allocate children's time between school and labor. When poverty keeps a sufficiently high number of children at work rather than in school, the availability of forms of child labor that provide skill-enhancimg...

In this paper, we examine how strategic interactions affect airline network. We develop a three stage duopoly game: at stage 1 airlines determines their network structure (linear versus hub-and-spoke). At stage 2 they decide on their capacities, and at stage 3 firms compete in quantities. The...

This survey covers extensively the theoretical and the empirical work that was done on the incentive effects related to the existence of workers' compensation (WC) in the North American context. It first analyzes the economic rationale for compulsory WC. Then it studies the impact of WC on...