This paper tests whether geocaching, a real-world treasure hunt activity using GPS devices and clues provided by other participants, can be modeled as an addictive pursuit. Using over 36 million online activity logs posted by more than 675,000 users in 2010, we find strong evidence that the...

The ultimate goal of any world-class swimmer is to break a record, and technology enables that accomplishment. Using 40 years of data at the individual, national and international level, we identify the quantitative impact that innovation has had on the number of record breaks. We find small but...

This paper aims to summarize the state of academic knowledge surrounding the economics of environmental innovation. Following a definition of environmental technology, the paper enumerates and describes the obstacles or constraints to the development of eco-innovation. Key Findings: • Many of...

The United States incarcerates citizens at rates higher than those of any other developed nation, with impacts on not only government budgets but economic growth rates. Using the National Longitudinal Survey of Youth for 1997, we model the effects of incarceration on wage growth rates using...