This paper examines one of the earlier regulations of the Consumer Product Safety Commission, the 1973 Mattress Flammability Standard. It is found that the standard increased consumer safety by $1 million to $106 million (depending on parametric assumptions) at a minimum cost of between $5...

We examine the effect of direct mail (commonly referred to as junk mail) advertising on individual financial decisions by studying consumer choice of home equity debt contracts. Consistent with the theoretical predictions, we find that financial variables underlying the relative pricing of debt...