In August 2007, the Office of Best Practice Regulation (then part of the Productivity Commission) published its Best Practice Regulation Handbook, containing guidelines including use of a social discount rate of 7 percent real, with sensitivity testing over the range of 3 to 11 per cent (OBPR...

Improvements in reporting and transparency of risk presentation from conception to the analysis of DCEs are needed. To define best practice, further research is needed to test how the process of communicating risk affects the way in which people value risk attributes in DCEs. </AbstractSection> Copyright Springer...

This paper describes the main trends of the Russian economy through the Great War (1914 to 1917), Civil War (1918 to 1921), and postwar famine (1921 to 1922) for the general reader. During its Great War mobilization the Russian economy declined, but no more than other continental economies under...

The nineteenth century witnessed the triumph of capitalism; the twentieth century saw the bloodiest wars in history. Is there a connection? The paper reviews the literature and evidence. It considers first whether capitalism has lowered the cost of war; then, whether capitalism has shown a...