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2001

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Articles 1 - 16 of 16

Full-Text Articles in Other Economics

Trends. Environmental Issues: Struggles To Think Globally, Editor Jul 2001

Trends. Environmental Issues: Struggles To Think Globally, Editor

International Bulletin of Political Psychology

This article discusses the difficulties of thinking globally in the context of environmentalism and environmental policy, even for proponents of environmental stewardship.


A Tale Of Two Theories: Monopolies And Craft Guilds In Medieval England And Modern Imagination, Gary Richardson May 2001

A Tale Of Two Theories: Monopolies And Craft Guilds In Medieval England And Modern Imagination, Gary Richardson

Gary Richardson

No abstract provided.


The Role Of Product Attributes In The Agricultural Negotiations, Julie Caswell Apr 2001

The Role Of Product Attributes In The Agricultural Negotiations, Julie Caswell

Julie Caswell

No abstract provided.


Capitalism And The Value Of Life: Foot-And-Mouth And The Culling Of Herds, Editor Apr 2001

Capitalism And The Value Of Life: Foot-And-Mouth And The Culling Of Herds, Editor

International Bulletin of Political Psychology

This article describes some psychological implications of culling as an intervention to help combat the spread of foot-and-mouth disease.


Workers’ Compensation Rate Regulation: How Price Controls Increase Costs*, Patricia. M. Danzon, Scott. E. Harrington Apr 2001

Workers’ Compensation Rate Regulation: How Price Controls Increase Costs*, Patricia. M. Danzon, Scott. E. Harrington

Health Care Management Papers

In the 1980s, regulation constrained workers’ compensation insurance premiums in the face of rapid growth in loss costs. We develop and test the hypothesis that rate suppression exacerbates loss growth, leading to higher losses and premiums. The empirical analysis using rating class data for eight states for the period 1985–91 confirms that rate suppression, measured by lagged residual‐market share of payroll, increased loss growth. The cost‐increasing effects are greater in the residual market than in the voluntary market, but premiums increased more rapidly in the voluntary market. The resulting pattern of cross subsidies between and within classes ...


Poorer European Countries Are Less Concerned About Biotechnology Than Richer Countries, Michael Siegrist Mar 2001

Poorer European Countries Are Less Concerned About Biotechnology Than Richer Countries, Michael Siegrist

RISK: Health, Safety & Environment (1990-2002)

The author examines the relationship between GNP, media coverage, and public perceptions of the utility, risk, and acceptability of medical and food-related applications of biotechnology.


Quantifying Regulatory Barriers To Asian–U.S. Food Trade, Julie Caswell Jan 2001

Quantifying Regulatory Barriers To Asian–U.S. Food Trade, Julie Caswell

Julie Caswell

Data on U.S. Food and Drug Administration import detentions and alerts are used to quantify regulatory barriers experienced by Asian food products entering the United States. These data offer the only comprehensive means of assessing regulatory barriers without relying on expert opinion, although they fall short of placing a dollar value on the volume of trade affected. The data show that meeting food regulations is a significant barrier to Asian food products entering the United States, especially for products originating in developing and newly industrialized countries.


Poverty Research In Latin America And Sen’S Capability Approach, Andres Rius, Andrea Vigorito Jan 2001

Poverty Research In Latin America And Sen’S Capability Approach, Andres Rius, Andrea Vigorito

Andres Rius

No abstract provided.


Market Structure And Racial Earnings: Evidence From Job Changers, Richard U. Agesa, Jacqueline Agesa, Gary A. Hoover Jan 2001

Market Structure And Racial Earnings: Evidence From Job Changers, Richard U. Agesa, Jacqueline Agesa, Gary A. Hoover

Economics Faculty Research

In his seminal contribution, Gary Becker (1957) suggests that rents in noncompetitive industries provide employers with the latitude to engage in earnings discrimination. Implicit in this theory, is that white workers in noncompet­itive industries would capture a disproportion­ ate share of monopoly rents (excessive wages) relative to their minority counterparts. We utilize wage-change equations to exam­ine earnings shifts for whites and minorities stemming from a job switch to a different mar­ket structure. Additionally for each racial group, wage equations of workers before and after the job change are used to calculate difference­ in-differences estimates of wage change ...


Islands Of Conscious Power: Law, Norms, And The Self-Governing Corporation, Edward B. Rock, Michael L. Wachter Jan 2001

Islands Of Conscious Power: Law, Norms, And The Self-Governing Corporation, Edward B. Rock, Michael L. Wachter

Faculty Scholarship at Penn Law

No abstract provided.


On Trademarks, Domain Names, And Internal Auctions, Gideon Parchomovsky Jan 2001

On Trademarks, Domain Names, And Internal Auctions, Gideon Parchomovsky

Faculty Scholarship at Penn Law

No abstract provided.


Norms & Corporate Law: Introduction, Edward B. Rock, Michael L. Wachter Jan 2001

Norms & Corporate Law: Introduction, Edward B. Rock, Michael L. Wachter

Faculty Scholarship at Penn Law

No abstract provided.


Unpacking ‘Adam Smith: Critical Theorist?’, Spencer J. Pack Jan 2001

Unpacking ‘Adam Smith: Critical Theorist?’, Spencer J. Pack

Economics Faculty Publications

This paper responds to Keith Tribe's provocative Journal of Economic Literature article, “Adam Smith: Critical Theorist?” There Tribe argued that most people most of the time grossly misread Smith, due, among other things, to their quite inadequate appreciation of Smith's linguistic, social, moral, and theological context. Against Tribe, the paper argues that Smith can profitably be read as both an eighteenth-century moralist and a twenty-first century critic. Smith can be a source of inspiration, wisdom and profundity for contemporary economists. Moreover, Smith can be successfully employed by modern economists to change, deepen, and broaden contemporary economic theory.


Controlling For Seam Problems In Duration Model Estimates: With Application To The Current Population Survey And The Computer Aided Telephone Interview/ Computer Aided Personal Interview Overlap Survey, Charles Romeo Dec 2000

Controlling For Seam Problems In Duration Model Estimates: With Application To The Current Population Survey And The Computer Aided Telephone Interview/ Computer Aided Personal Interview Overlap Survey, Charles Romeo

Charles Romeo

No abstract provided.


Management Of Fisheries In Eu: A Principal-Agent Analysis, Frank Jensen, Niels Vestergaard Dec 2000

Management Of Fisheries In Eu: A Principal-Agent Analysis, Frank Jensen, Niels Vestergaard

Niels Vestergaard

In this paper, an EU tax on fishing effort is studied as an alternative to the system of Total Allowable Catches (TACs). The analysis is conducted under imperfect information, and the hypothesis adopted is that the EU lacks information about the costs of individual fishermen. In light of this imperfection, there are at least two reasons for considering an EU tax. First, it can be used to correct part of the market failure associated with fisheries. Second, it can be used to secure correct revelation of fishermen types in light of asymmetric information.


Expectations And The Timing Of Neighborhood Change”, David M. Frankel Dec 2000

Expectations And The Timing Of Neighborhood Change”, David M. Frankel

David Frankel

We study the role of expectations when agents have a preference for segregation and households face moving frictions. In a fixed environment, there are multiple equilibria: agents' expectations determine whether an ethnic transition occurs. However, the outcome is unique if there is a deterministic trend that gradually makes the neighborhood more appealing to the outside group. It is also unique if the relative payoff from living in the neighborhood is subject to small shocks. In both cases, the insiders must leave at the first possible moment: when the outsiders would outbid them if an immediate ethnic transition were expected.