This paper examines the relationship of medical malpractice litigation and medical costs in the United States. We relate medical malpractice settlements to medical costs for 190 metro and non-metro areas in the United States over a 5-year period and find that litigation is positively and...

Transportation is the major market for liquid fuels in many developing countries, accounting on average for one half of total consumption. Unlike the other end-use sectors, possibilities for fuel switching in transport are limited, at least for the time being. Given the existing stock of...

The monocentric model predicts a housing price gradient from the central business district, and it follows that the extension of this model to account for modern multinodal metropolitan areas would predict housing price gradients from multiple employment centers. Empirical analysis using hedonic...

This paper examines the impact of varying levels of malpractice litigation on area medical costs. Using a fixed-effects model and Medicare Part B as the dependent variable, the results indicate that per enrollee medical expenditures are positively related to the incidence of medical malpractice...