A focus group study with 37 residents of Manhattan, Kansas, was conducted to examine consumers’ risk perceptions of foodborne illnesses from beef. The four focusgroup sessions were designed to determine (1) relative preferences for alternative combinations of public food safety (Hazard...

Conventional theory holds that moral hazard - the additional health care purchased as a result of becoming insured - is an opportunistic price response and is welfare-decreasing because the value of the additional health care purchased is less than its costs. The theory of the demand for health...

Generalized additive models have become a widely used instrument for flexible regression analysis. In many practical situations, however, it is desirable to restrict the flexibility of nonparametric estimation in order to accommodate a presumed monotonic relationship between a covariate and the...

Theories in political economy depend critically on assumptions about motivations of politicians. Our analysis starts from the premise that politicians, like other economic agents, are rational individuals who make career decisions by comparing the expected returns of alternative choices. The...