This study utilizes a state-of-the-art survey methodology previously employed in the environmental, health and safety economics literatures to estimate the cost of violent crime and homicide in Buenos Aires. We demonstrate the feasibility of this method for crime cost estimation and for using...

In spite of the massive revenue emanating from oil wealth, the successive government of Nigeria failed to give to its citizenry the dividend of democracy owing in large part to their inability to establish a market clearing situation because of inadequate linkage between the sources and the...

For much of the last seventy-plus years, healthcare providers in the United States have been paid under the fee-for-service system, where providers are reimbursed for procedures performed, not outcomes obtained. The result has been a system that incentivizes resource consumption, not health...

Economists have found mixed evidence on what happens when the number of police increases. On the one hand, more law enforcers means higher probability of detecting a crime, which is known as monitoring effect. On the other hand, criminals incorporate this increase into their decision making...