This paper tests for incentive and selection effects in a subprime consumer credit market. We estimate the incentive effect of loan size on…
One of the most vexing human rights issues of our time has been how to protect the rights of individuals and communities worldwide in an…
The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move…
The US malpractice system is widely
regarded as inefficient, in part because of the time required to
resolve malpractice cases.…
Book abstract: Regulatory Breakdown: The Crisis of Confidence in U.S. Regulation brings fresh insight and analytic rigor to what has become…
The off-shore oil rigs along the coast of the Gulf of Mexico are no place for the weak. Hundreds of men, a certain type of men, live and…
Since the United States changed its guidelines in 1984, many industrialized nations have included efficiencies defenses in their rules for…
Whenever I buy something from IKEA — a bookshelf for the kids, a storage unit for the basement — the domestic bliss that was promised in…
Recent proposals to address housing market troubles through principal modification raise
the possibility that such policies could increase…