The contrast between the predictability of presidential elections and the variability of early polls has come to be viewed as evidence of campaign learning. We argue that unmotivated survey respondents offering minimally acceptable answers (i.e., satisficing) offers an additional explanation for...

This paper analyzes the impact of rate regulation on the structure of insurance markets for private passenger automobile insurance. The paper argues that states' restrictions on automobile insurers' rates of return will distort the structure of the market by distorting insurers' entry and output...