This paper uses a rich set of student transcript data to estimate the economic cost incurred by a university when it does not adopt a 'mean-shift grading policy' to fight grade inflation. In a naiuml;ve scenario, where potential moral hazard constraints are ignored or assumed non-binding, the...

Richard Thaler and Cass Sunstein (2008) contend that mandated choice is the most practical nudge for increasing organ donation. We argue that they are wrong, and their mistake results from failing to appreciate how perceptions of meaning can influence people’s responses to nudges. We favor a...

Scholars and the President’s Council on Bioethics have called for regulation of assisted reproductive technology (ART) that emulates the regulatory system in the UK especially in regard to the Human Fertilisation and Embryology Authority (HFEA). The HFEA has complete authority over fertility...