This paper investigates the rationale behind interfirm tender offers by examining the returns realized by the stockholders of firms that were the targets of unsuccessful tender offers and firms that have made unsuccessful offers. Our results suggest that the permanent positive revaluation of the...

The mandatory seat belt law is among the most recent of a long list of highway and vehicle safety regulations aimed at reducing the risk of injury in motor vehicle accidents. In this article the effects of this law on seat belt use, on the number of accidents, and on the number of fatal and...

Training in quantitative methods is seen as essential for policy analysts, public administrators, and public managers if they are to make cogent and informed data-based arguments. If our objective is to help students and future practitioners identify credible evidence, to make sense of that...