Intro -- Contents -- Preface -- 1. Capitalist Diversity in Open Economies -- 2. Governments, Business, and the Design Problem -- 3. Three Models of Open Governance -- 4. Britain: From Replacing to Reinforcing a Liberal Market Economy -- 5. France: The Centralized Market Economy and Its...

We present and estimate a model of management practices as technology of the banking firm. Management is an unobserved (latent) input in the production function of banks, which we estimate at the bank-quarter level using data for all U.S. banks from 1984 to 2016 and Bayesian techniques. We show...

This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...

This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...