Risk Regulation Lesson from Mad Cows analyses and compares the policy responses in the U.K. and U.S. to the mad cow disease crisis. The…
The mad cow disease crisis in the United Kingdom (U.K.) was a major policy disaster. The government and public health officials failed to…
The plight of the Affordable Care Act Web site has focused attention on a problem that seldom receives it — the absence of good management…
Washington, D.C. is again in the grip of its long-running budgetary soap opera. Episode 1, “Fiscal Cliffs,” was followed shortly by “…
Whatever loathing voters feel toward Washington, D.C., it is a fair bet they make an exception for America’s national parks — immortalized…
The miscalculations in Iraq and Afghanistan hang in the air as we weigh up whether to attack Syria. Of course, no situation is ever quite…
Suppressed prices in real-time markets provide inadequate incentives for both generation investment and active participation by demand…
This paper tests for incentive and selection effects in a subprime consumer credit market. We estimate the incentive effect of loan size on…
Around the world the idea of “austerity” is fiercely debated. The various strengths and weaknesses of the global economy make opportune a…