Can a rational choice modeling framework help broaden our understanding of anorexia nervosa? This question is interesting because anorexia nervosa is a serious health concern, and because of the following issue: could a rational choice approach shed useful light on a condition which appears to...

This paper demonstrates that economic efficiency is enhanced when market participants adhere to certain ethical constraints. These ethical constraints are implicit in the neoclassical economics models, but are rarely emphasized by the economics discipline in standard texts. Avoidance of this...

Labour and environmental standards agreements are two contentious proposals that have contributed to the failure of the WTO to launch a new round of trade liberalisation discussions and have prevented the US President from obtaining fast-track negotiating authority. Proponents of the agreements...

This paper applies a behavioral economics model of cigarette addiction to the issue of oil usage and climate change. Both problems involve consumption of a product that causes long-term detrimental effects and for which current reductions in usage induces an adjustment cost. The paper argues...

As the world entered and suffered through the recent Great Recession, certainly the worst economic slowdown in a generation, people naturally asked: what went wrong? Although many answers have been suggested, one thing many observers point to is the decisive role played by unmitigated greed....