Governments should embrace randomized trials to estimate the efficacy of different laws and regulations. Just as random assignment of treatments is the most powerful method of testing for the causal impact of pharmaceuticals, randomly assigning individuals or firms to different legal rules can...

This paper builds on a recent article in Management Science by Milne and Neave and is concerned with the duality relationship between the definition of a stochactic dominance ordering and the disturbance which added to the dominating random variable gives the dominated one. We show that such...