We analyze the effects on consumers of an extreme policy experiment -- Napsterizing' pharmaceuticals -- whereby all patent rights on branded prescription drugs are eliminated for both existing and future prescription drugs without compensation to the patent holders. The question of whether this...

Executive Summary -- 1. Introduction and Overview -- Background -- Causes of the Insolvency Crisis -- Key Issues and the Structure of this Report -- 2. The Timeliness of Regulatory Action -- The Sources of Growth in the Net Deficit -- Methods to Control the Present Value of FSLIC Liabilities --...

The literature on the health economics of smoking presents two principal facts: (1) that smoking increases health care costs and (2) that restrictions on smoking lead to reductions in smoking prevalence and intensity. Some researchers have hypothesized that these two facts, in combination, allow...

This study provides a micro-level examination of the impact of site and situation characteristics on land use succession and conversion. Land use shifts between eight economic activities were associated with distance from the CBD, parcel acreage, floor ...

The literature on the health economics of smoking presents two principal facts: that smoking increases health care costs, and that restrictions on smoking lead to reductions in smoking prevalence and intensity. Some researchers have hypothesized that these two facts, in combination, allow the...