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The military drawdown program of the early 1990s provides an opportunity to obtain estimates of personal discount rates based on large numbers of people making real choices involving large sums. The program offered over 65,000 separatees the choice between an annuity and a lump-sum payment....
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Interjurisdictional compensation can provide an effective method of achieving an optimal provision of public goods in an independent system of local governments, only if all the major side effects of public goods are included in its computation. Previous studies have suggested compensation...
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The primary aim of this paper is to extend my previous work on the reconciliation of regional coefficients in input-output models. Specifically, an effort is made to show how certain types of a priori or judgmental information may be incorporated into the minimum variance reconciliation (MVR)...
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