Showing 1 - 10 of 434
From 2000 to 2010, more than 20 states passed laws that make it easier to use lethal force in self-defense. Elements of these laws include removing the duty to retreat in places outside of one's home, adding a presumption of reasonable belief of imminent harm, and removing civil liability for...
Persistent link: https://www.econbiz.de/10013105463
The rise of civilizations involved the dual emergence of economies that could produce surplus (“prosperity”) and states that could protect surplus (“security”). But the joint achievement of security and prosperity had to escape a paradox: prosperity attracts predation, and higher...
Persistent link: https://www.econbiz.de/10013009442
We develop a theoretical model of security investments in a network of interconnected agents. Network connections introduce the possibility of cascading failures due to an exogenous or endogenous attack depending on the profile of security investments by the agents. The general presumption in...
Persistent link: https://www.econbiz.de/10013079755
This paper discusses the problems facing the Mexican economy. It operates under a heavy burden of monopoly and …
Persistent link: https://www.econbiz.de/10013135761
This paper analyzes the timing, pace and efficiency of the on- going job reallocation that results from product and … process innovation. There are strong reasons why an efficient economy ought to concentrate both job creation and destruction …. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …
Persistent link: https://www.econbiz.de/10013139984
Charter schools were developed, in part, to serve as an R&D engine for traditional public schools, resulting in a wide variety of school strategies and outcomes. In this paper, we collect unparalleled data on the inner-workings of 35 charter schools and correlate these data with credible...
Persistent link: https://www.econbiz.de/10013117889
percent increase in operating efficiency, achieved primarily by reducing the frequency and duration of reactor outages. At … average wholesale prices the value of this increased efficiency is approximately $2.5 billion annually and implies an annual …
Persistent link: https://www.econbiz.de/10013121046
This paper revisits the classic argument that a system of local governments financing public service provision via property taxes will produce an efficient allocation of both housing and services if communities can implement zoning ordinances. The novel feature of the analysis is a dynamic model...
Persistent link: https://www.econbiz.de/10013123687
We develop a dynamic model of trading and investment with limited aggregate resources to study investment cycles. Unverifiable idiosyncratic investment opportunities imply market prices to play a role of rent distribution, distorting private investment incentives from a social point of view....
Persistent link: https://www.econbiz.de/10013103789
efficiency of collaboration and the credit allocation that arises after the completion of collaborative work. In this paper, we …
Persistent link: https://www.econbiz.de/10013064160