Sensible regulatory requirements can reduce illnesses and accidents, protect the environment, and maintain quality of life. But when…
The article argues that increasing direct medical education (DME) does little to offset cost of training physicians as residents pay full…
In this paper we study the impact of different forms of access obligations on firms’ incentives to migrate from the legacy copper network…
A regulator, seeking to maximize net benefits, must choose between rules and standards and then set a level of care. The regulated agents…
From Aristotle to Acemoglu and Robinson, scholars have argued that democracy possesses powerful redistributive impulses, and imperils…
We consider all-pay auctions in the presence of interdependent, affiliated valuations and private budget constraints. For the sealed-bid,…
In recent years, there has been increasing interest in the potential of transparency-the provision of information to the public-to…