This study explores how researchers’ analytical choices affect the reliability of scientific findings. Most discussions of reliability problems in science focus on systematic biases. We broaden the lens to emphasize the idiosyncrasy of conscious and unconscious decisions that researchers make...

Economists have long noted that improving energy e fficiency could lead to a rebound eff ect, reducing or possibly even eliminating the energy savings from the effi ciency improvement. Yet there are important nuances in the microeconomic theory of the rebound eff ect that have not been explored....

This paper studies the impact of legalization on the rate and direction of innovation in the cannabis market. We construct novel data on cannabis-related innovation in clinical trials and patent applications. Using staggered difference-in-differences models utilizing the variation in state...

We extend the ratio equilibrium concept (Kaneko 1977a,b) to local public good economies by defining and analyzing Local Public Good Equilibrium (LPGE). We show existence of LPGE for a far wider class of economies than prior work seeking to identify equilibria for local public good economies. In...