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This paper explores the causal influence of Western television programming on crime rates. We exploit a natural experiment involving access to West German TV within the German Democratic Republic (GDR) in which only geography and topography determined the allocation of individuals to treatment...
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This paper explores the causal influence of access to Western television programming on voting behavior. We exploit a natural experiment involving access to West German TV within the German Democratic Republic in which only geography and topography determined the allocation of individuals to...
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This paper analyzes both R&D in pollution control technology and pollution abatement by firms that are subject to environmental liability law (either strict liability or negligence) and are granted R&D subsidies. Firms differ in their R&D costs (private information) and experience technology...
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We describe how product liability interacts with regulatory product approval in influencing a firm's incentives to acquire information about product risk, using a very parsimonious model. The firm may have insufficient information acquisition incentives when it is not fully liable for the harm...
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