Ohio announced a Vax-a-Million Lottery in May 2021 to encourage people vaccinated. If people may avoid vaccination because (1) they worry about rare but critical side effects or (2) they want to free ride on herd immunity, the vaccination lottery may work better or worse than a lump-sum transfer...

I propose a new institution, penalty lottery, to control sequential public bad productions under imperfect monitoring for punishment: A violator (a citizen who produced a public bad and got monitored) hands over the fine to the next potential violator with some probability, and pays all the...

Ohio announced a Vax-a-Million Lottery in May 2021 to encourage people to get vaccinated. If people avoid vaccinations because they (1) worry about rare but critical side effects or (2) want to free-ride on herd immunity, the vaccination lottery may work better or worse than a lump-sum transfer...

Ohio announced a Vax-a-Million Lottery in May 2021 to encourage people vaccinated. If people may avoid vaccination because (1) they worry about rare but critical side effects or (2) they want to free ride on herd immunity, the vaccination lottery may work better or worse than a lump-sum transfer...