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This study uses a controlled laboratory experiment to analyze the effects of conflict on economic growth and development. Participants were given control of a small, virtual civilization and provided incentives to develop their civilization under various conflict scenarios. The findings suggest...
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The Rockonomix assignment and Web site were developed (1) as tools to reward students who possess skills and talents that are traditionally undervalued in the economics classroom (e.g., creativity, artistic talents, technological skills, and communication skills) and (2) as a means of...
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You're probably familiar with the earmarking of selective consumption taxes in your state—for example, gas tax revenues may be dedicated to highway funding. However, tax revenues don't always “stick” to the program that they're earmarked to. This chapter shows how earmarked taxes can serve...
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This study develops a simple model for analyzing excise tax setting in a competitive framework. Then, this study utilizes a dynamic space-time panel econometric model to explore cigarette and beer tax rate setting from U.S. states from 1960-2007. The empirical findings support the model...
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This note describes an approach to teaching the public choice perspectives on voting using an episode from Comedy Central's animated television show, South Park. The episode titled, “Douche and Turd,” demonstrates the near-zero value of an individual vote, the intrinsic value individuals...
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