How can banks and similar institutions design optimal compensation systems? Would such systems conflict with the goals of society? This paper considers a theoretical framework of how banks structure job contracts with their employees to explore three points: the structure of a socially optimal...

In an expansive review of a flourishing literature, researchers explore the promise of economic models that allow for human variation

Sprawl is often condemned, but most critiques hold no economic water. Still, a few are valid, and policy fixes may exist.

The elderly are often portrayed as an economic burden, but many see seniors as a target market. For states and communities, the net economic benefit is hard to gauge