Book abstract: The next two decades will mark a new phase in the demographic transition of the United States as baby boomers become…
Many previous experiments have found that, consistent with myopic loss aversion, subjects invest more in risky assets if they are given…
Online labor markets have great potential as platforms for conducting experiments. They provide immediate access to a large and diverse…
Like any decent Chicagoan, President Barack Obama supported "Da Bears" in last month's National Football Conference championship game…
All too often government lacks the skill, the will, and the wallet to meet its missions. Schools fall short of the mark while roads and…
Policy analyses frequently clash. Their disagreements stem from many sources, including models, empirical estimates, and values such as who…
Early on the morning of April 21, 2010, a BP official called to alert me that a Gulf of Mexico rig under contract to BP suffered a major…
Federal, state, and local
governments use a variety of incentives to induce consumer adoption of
hybrid-electric vehicles. We study the…
It is not always easy to make what is seen to be the right choice – choosing an apple over a bar of chocolate, or paying money into a…