aspect of the services of experts (e.g., of doctors, lawyers, and accountants), and the role that voluntary pro bono work … might play. Expert services have un- verifiable quality to non-experts and are subject to moral hazard. Experts who cheat … their customers should crowd out experts who do not, resulting in low trust, prestige, and wages. We ask how pro bono work …

-level performance-pay measures with rich PISA-2003 international achievement micro data, this paper estimates student …-level international education production functions. The use of teacher salary adjustments for outstanding performance is significantly …

We investigate private and social incentives for standardization to ensure market-wide system compatibility in a two … conflict of interest between consumers and producers over the standardization decision. Consumers prefer standardization with …

Article underscores the dark side of both phenomena by focusing on the anti-competitive features of regulation and reform and …

Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing …

We consider environmental regulation in a context where firms invest in abatement technology under conditions of …

country significantly attracts FDI. What is important for these pollution haven effects is not only regulation but also …