We find evidence in the OECD cross-country data to support the Knightian view that non-diversifiable economic risks …

cities in the control group. Our results indicate that being awarded the Summer Olympics has, on average, a negative impact …

, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university …

measure different types of fraud and to examine the influence of passengers’ presumed information and income on the extent of … fraud. Results reveal that taxi drivers cheat passengers in systematic ways: Passengers with inferior information about …. Higher income seems to lead to more fraud. …

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 … significant impact. Finally, either regulatory instrument may induce the highest technology investment levels. …

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 …

catastrophes) are typically referred to as “uninsurable” risks. The more exposed property owners find it difficult to obtain …. The state of Florida has reacted to the incapacity of the private sector to insure hurricane risks at reasonable premium … necessary to limit the implicit subsidy of the “bad risks” through the “good risks”. …