Asymmetric information, bargaining, and comparative advantage in
trade relationships: an interactive game.(Targeting Teaching)(A
1. Introduction
The concept of comparative advantage, that individuals or countries
can gain from specializing in the activity in which their opportunity
cost is lower, is a fundamental tool . . .
Credit markets and the propagation of Korea's 1997 financial
crisis.(Author abstract)
1. Introduction
In 1997, the East Asian economies faced a sudden financial crisis.
Three countries, Indonesia, Korea, and Thailand, received emergency
loans from the IMF. The rapid decline in . . .
Negative expected value suits in a signaling model.(Author
abstract)
1. Introduction
Bargaining failures can be extremely costly when a plaintiff and
defendant find themselves in trial after failing to negotiate a
settlement. The presence of asymmetric information . . .
The political, economic, and social aspects of
Katrina.(Symposium)(Author abstract)(Report)
1. Introduction
Disasters, whether man-made or natural, represent a "natural
experiment" for social scientists. As one business leader put it to
us on one of our first research trips in February . . .
Editor's report.(Table)
From January 1, 2006, through December 31, 2006, the Editorial
Office received 289 new manuscript submissions. Table 1 below shows the
time between submission and the journal's first response, . . .
The rise of the Sunbelt.(Association Lecture)(economic
growth)(rising prices of residential real estate)(Author
abstract)
1. Introduction
In the 1930s, the American South seemed trapped in the poverty and
relative decline that had marked that region since the Civil War. The 11
states of the former Confederacy were . . .
Endogenous markups, intensity of competition, and persistence of
business cycles.(Author abstract)
1. Introduction
It is well known that standard real business-cycle (RBC) models in
connection with perfect competition and constant returns to scale, while
capable of capturing a number of . . .
Equilibrium selection in an experimental macroeconomy.(Author
abstract)
1. Introduction
One of the most influential literatures in economics is the theory
of growth (for surveys see Azariadis 1993; Barro and Sala-i-Martin 1995;
Romer 1996; Sala-i-Martin 2002). The . . .
Public goods in the field: Katrina evacuees in
Houston.(Symposium)(Author abstract)
1. Introduction
Crises and disasters, whether natural or man-made, are defined by
conditions of uncertainty, disorder, and stress. This raises the
question of whether social cooperation is . . .
Hurricanes and economic research: an introduction to the
Hurricane Katrina symposium.(Symposium)
1. Introduction
Hurricane Katrina wreaked havoc on the United States. The tropical
depression that became tropical storm Katrina on August 24, 2005, was
the 11th named storm in a busy Atlantic . . .
Increasing returns, the choice of technology, and the gains from
trade.(Author abstract)
1. Introduction
Models of international trade based on increasing returns have been
studied intensively in the past three decades. In the literature, the
source of increasing returns may be . . .
Asymmetric regulation and airport dominance in international
aviation: evidence from the London-New York market.(Author
abstract
1. Introduction
One of the most important recent developments in international
business has been the gradual deregulation of international airline
markets. The potential benefits of allowing the . . .
Is marriage poisonous? Are relationships taxing? An analysis of
the male marital wage differential in Denmark.(Author abstract)
1. Introduction
The word for "married" in Danish is the same as the word
for "poison." The word for "sweetheart" in Danish is
the same as the word for "tax." In this paper, we expand on
the . . .
Determinants of government aid to Katrina survivors: evidence
from survey data.(Symposium)(Author abstract)(Survey)
1. Introduction
Natural catastrophes like Hurricane Katrina are (unfortunate)
natural experiments for evaluating otherwise unobservable events such as
the effectiveness of government disaster . . .
Market and welfare effects of the U.S. Livestock Mandatory
Reporting Act.
1. Introduction
The Livestock Mandatory Reporting Act (the Act) was enacted in 2001
to provide market participants with information on all cash and noncash
transactions reported by packers to the . . .
Where do the sick go? Health insurance and employment in small
and large firms.(small and medium sized companies recruit employe
1. Introduction
The difficulties that small firms face in obtaining and maintaining
health insurance for their employees have been widely documented (Brown,
Hamilton, and Medoff 1990; McLaughlin . . .
Hunting the whale: more evidence on state government
Leviathans.(Report)
1. Introduction
In his paper "Has Leviathan Been Bound?" Bryan Caplan
(2001) presents a model of a government that expands further or faster
than its citizens desire, or a Leviathan government . . .
Asymmetric competition on commuter routes: the case of gasoline
pricing.(Author abstract)
1. Introduction
In many industries, retailers enjoy the benefits of product
differentiation simply because they are scattered about the city. Even
if the firms sell identical products, their . . .
Is more information always better? An experimental study of
charitable giving and Hurricane Katrina.(Symposium)(Author
abstract)
1. Introduction
The devastation resulting from Hurricane Katrina has elicited
unprecedented levels of charitable giving on the part of the general
public. In just the first 11 weeks following . . .
Going home: evacuation-migration decisions of hurricane Katrina
survivors.(Symposium)(Author abstract)(Survey)
1. Introduction
Upward of one million residents of the greater metropolitan New
Orleans area evacuated on 27 and 28 August 2005, just before Hurricane
Katrina struck the Gulf Coast. Evacuees from . . .
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