Faster, frictionless, cheaper, better: these are said to be the hallmarks of economic activity on the Internet. Search theory suggests use of the Net could reduce the prices consumers pay, but product branding, price discrimination based on data mining, and auctions may raise prices. The Net has...

Rising ocean levels have resulted in increasingly severe flooding in numerous metropol-itan coastal areas. What would it cost to minimize or eliminate such damage? Relatively little economic work has been done to provide an answer, at least partially because some authori-ties believe attempts to...

Examination of the relationship between student choice of undergraduate field of study and internal rates of return (IRR) in universities and colleges in the United States. Methodology; Results of the study; Impact of shifts in academic majors on IRR. (Abstract copyright EBSCO.)

Using over a half century of data, this empirical study adopts a simple loanable funds to investigate the impact of the federal budget deficits and other factors, chiefly financial market factors, on the <italic>ex post</italic> real interest rate yield on high-grade municipal bonds in the United States. Two...

This study provides new empirical evidence on the impact of the federal budget deficit on the <italic>real</italic> interest rate yields on intermediate-term debt issues of the US Treasury, represented herein by the <italic>ex post</italic> real interest rate yields on 3-year Treasury notes and 7-year Treasury notes, two...

This study empirically extends the Tiebout hypothesis of 'voting with one's feet' in two ways. First, it provides updated estimates using net migration data for the period 2000--2008. Second, in addition to investigating variables reflecting public education outlays, property taxation and income...