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This paper develops a model of traffic stops and subsequent searches in which police officers use information about the race of drivers to maximize a well defined objective. The model provides a behavioral foundation absent from Grogger and Ridgeway’s (2006) elegantly simple test and, by...
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Spring Road Restrictions- the effect in Region 6E
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Future Prospects For Minnesota County Government
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The 1960s through the 1980s were very productive of new theory and empirical insight into the sources of technical change. In this paper I argue that each of the three approaches that have been advanced--induced technical change, evolutionary theory and path dependence--is approaching a dead...
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Invention possibilities are reformulated using research processes which have a cost and different implications for rates and biases of technical change. In the comparative static model a firm has the choice to build a plant of existing design or to improve it by research. The firm maximizes...
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