This article proposes a new class of rating scale models, which merges advantages and overcomes shortcomings of the traditional linear and ordered latent regression models. Both parametric and semi-parametric estimation is considered. The insights of an empirical application to satisfaction data...

In the past few years sustainability and sustainable development have become important concepts widespread over the world. There is no agreement on a common definition of sustainability, but there is a general need to measure and assess sustainability in different geographical and spatial...

This article proposes a new class of rating scale models, which merges advantages and overcomes shortcomings of the traditional linear and ordered latent regression models. Both parametric and semi-parametric estimation is considered. The insights of an empirical application to satisfaction data...

In this field experiment, we attempted to reduce sedentary workplace behavior by introducing walkstations – slow-moving treadmills attached to elevated workspaces enabling employees to walk while working – giving employees feedback on their own and their coworkers’ walkstation usage, and...

This paper sets out to discuss the new organizing concept of the human capital welfare state (a special type of a social investment welfare state). It starts with the beginning of new organizing principles for the welfare state of the last one or two decades, such as the Third Way in the United...

The creation of tax-free health savings accounts presents a new opportunity to reduce the distortions created by federal tax preferences for health-related expenditures, and ultimately help eliminate those distortions. This paper proposes changes to current law that would allow most workers to...

In instrumental variable regression, structural parameter estimation relies on knowledge of the correlation between the structural error and the instruments. The current practice is to assume that this correlation is zero. However, this assumption is unlikely to be satisfied in applied work. In...

Theories of democratic accountability predict a positive effect of democracy on health outcomes. This prediction is at odds with published empirical estimates, which range from impossibly large to null effects, in part due to missing data, extreme counterfactuals, and lack of attention to...

This is a Review of Guido Calabresi’s fascinating and thought-provoking new book, The Future of Law and Economics (presented in a book symposium held at the Hebrew University of Jerusalem in December 2016). The Review proposes to break the notion of commodification, as used by Calabresi, into...

The 2008 economic crisis has taken a big toll and invariably no one is spared whether in business or not. Entrepreneurs, Legislators, Executives, Regulators & Experts are busy in finding out the reasons of such catastrophic economic failure ranging from greed, market incentives, liquidity...