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Per-Mile Premiums for Auto Insurance
Edlin, Aaron S. - EconWPA - 1999
's [1968] central insights about the accident externalities of driving. We use this model to estimate the driving, accident … reduction in insured accident costs net of lost driving benefits would be $9.8 - $12.7 billion nationally, or $58 - $75 per … - $29 billion, exclusive of monitoring costs. The total benefits of a uniform per- gallon insurance charge could be $1 …
Persistent link: https://www.econbiz.de/10005561012
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The Role and Evolution of Central Authorities
Frijters, Paul; Tieman, Alexander F. - EconWPA - 1999
In this paper we argue that authorities aid cooperation by means of direct coordination or the enforcement of pre-commitment devices such as contract laws.Credible threats of violence allow this role. In a local interaction model, an authority forms if mutually connected individuals with...
Persistent link: https://www.econbiz.de/10005412451
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Externalities of the Microsoft^Rs Network Goods
Leitão, João; Osório, Carlos - EconWPA - 2002
This paper aims to make a public statement about the strategy implemented by Microsoft in order to reinforce its market power across the networked users of Windows Operative System, and Xbox Games Console. It is presented an economic view that supports the anticipating (not predatory) position...
Persistent link: https://www.econbiz.de/10005412955
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A Note on Funaki and Yamato's Tragedy of the Commons
Kóczy, László Á. - EconWPA - 2002
In the model of Funaki and Yamato (1999) the tragedy of the commons can be avoided with pessimistic players, while this does not hold for optimistic players. We propose a new core concept to overcome this puzzle and provide numerical simulations of simple games where the conclusions coincide or...
Persistent link: https://www.econbiz.de/10005550950
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SOCIO-ECONOMIC IMPLICATIONS OF COMBRAINS
DR.VSR.SUBRAMANIAM - EconWPA - 2005
Human brain has invented the Computer&upgraded it to a level of Combrains. With Artificial Chemical Memory, these may grow to function as independent Iintellects, Master/Sponsor representatives and self- decision workers with autonomy&supreme capability. Like any human society learn and function...
Persistent link: https://www.econbiz.de/10005118844
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Preferencias inciertas y modelo Spike en la valoración del patrimonio natural
García, José María Casado; Barreiro, Jesus; Perez, … - EconWPA - 2004
Under the Spanish conservation law, compensation is envisaged for the damage associated with all actions that reduce …
Persistent link: https://www.econbiz.de/10005413298
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Litigation and the Political Clout of the Tobacco Companies: Cigarette Taxes, Prices, and the Master Settlement Agreement
Sloan, Frank A.; Trogdon, Justin G. - EconWPA - 2004
The goal of our empirical analysis is to assess whether the changes in cigarette excise taxes and cigarette prices can be attributed to litigation brought by the states and the resulting settlements, holding other factors constant. Using pre-post as well as state excise taxes on beer as...
Persistent link: https://www.econbiz.de/10005134622
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The Tobacco Deal
Bulow, Jeremy; Klemperer, Paul - EconWPA - 1999
[Forthcoming in Brookings Papers on Economic Activity] We analyse the major economic issues raised by the 1997 Tobacco Resolution and the ensuing proposed legislation that were intended to settle tobacco litigation in the United States. By settling litigation largely in return for tax increases,...
Persistent link: https://www.econbiz.de/10005561528
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LIABILITY, REGULATION AND ENDOGENOUS RISK: INCIDENCE AND SEVERITY OF ESCAPED PRESCRIBED FIRES IN THE UNITED STATES
Yoder, Jonathan - EconWPA - 2005
support the use of prescribed fire. This article examines the effect of liability law and common regulations on the incidence … statutory liability law and regulation tends to reduce the number and severity of escaped prescribed fires on private land, but … not on federal land where state liability law does not directly apply. …
Persistent link: https://www.econbiz.de/10005126015
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ECONOMIC / ENVIRONMENTAL SYSTEM INTERACTION
Vildosola, Luis - EconWPA - 2003
This work is focused on identifying the relationship an economic system and its policies have with the environment. The biosphere is chosen in particular as object of analysis but this can be extended by means of an ecosystem recursive properties. The common factor involved in the relationship...
Persistent link: https://www.econbiz.de/10005062749