The bombshell arrest of Ivan Boesky on November 14, 1986 signaled the intention of then-US attorney for the southern district of New York, Rudy Giuliani, to increase enforcement of laws against insider trading. Looking at concurrent stock price changes, we find that New York companies were...

Others have offered a variety of suggestions to improve the behavior of public officials. Each of these involves linking an official's (public) compensation to a measure of his performance. This is costly because performance will necessarily be imperfectly monitored and so public officials will...

In three essays, farmer preferences are analyzed using Contingent Valuation and Choice Modeling. Particular attention is paid to the role of uncertainty, investment in human capital and the importance of forest conservation. The data analyzed in each of the three essays was collected by the...

In its search for sustenance and cover, wildlife imposes costs on agricultural property owners. A mosaic of privateand public contractual arrangements has evolved to address this problem, with private agricultural organizations,county commissions, wildlife agencies and state and federal...