In 2006, West Virginia established Mountain Health Choices, a key component of the state’s Medicaid redesign efforts. The program offers low-income parents and children the choice of two benefit plans. Beneficiaries receive additional benefits when they follow basic rules that are designed to...

Using a two-sector model of congestion, I explain theoretically how lower travel costs and increased consumer income over time resulted in endogenous investment in quality and higher real prices at both national and local ski resorts despite limited market entry. I also provide empirical...

An important aspect of the study of technological innovations is the explanation of the extent and pace of diffusion. We show that pooling data across vintages of a technology may result in misleading conclusions about the impact of key factors on the duration of time to adoption of the...

In 2006, West Virginia established Mountain Health Choices, a key component of the state’s Medicaid redesign efforts. The program offers low-income parents and children the choice of two benefit plans. Beneficiaries receive additional benefits when they follow basic rules that are...

The envelope theorem is extended to cover the class of discounted and autonomous infinite horizon differential games that possess locally differentiable Nash equilibria. The theorems cover open-loop and feedback information structures and are applied to an analytically solvable linear-quadratic...