Until 1985, research in the economics literature on state lotteries was based on the simplifying assumption that administrative costs were constant. DeBoer (1985) provided empirical evidence supporting the idea that average administrative costs are not constant, but decline with output. In other...

Do network news agencies (ABC, CBS, and NBC) play their dominant strategies in selecting the lead news story (cover story) for nightly newscasts? The present paper seeks an answer to this question by employing elementary game-theory analysis and simple logit/ordered logit regression models to...

This paper pictures the global influence of various patterns of returns to scale in the general equilibrium model of production with two factors and two goods. Constant, increasing, and decreasing returns to scale at the sectoral level are explicitly specified. The changing slope and curvature...

The last four election-cycles in the U.S. House of Representatives (2004–2010) witnessed two shifts in political party control of that legislative body—from the Republicans to the Democrats in 2006 and then back to the Republicans in 2010. Nevertheless, U.S. House incumbents of both parties...

This study of the impact of economic freedom on per capita real GDP among OECD nations over the 2003-2006 period, with each OECD nation during this time frame being treated as a de facto “economic region” within the OECD, finds strong initial support for the hypothesis proffered here that...

This note explores the decay of social norms using a model of the production of social order in the context of 'rules' employed by cities/municipalities to 'govern' activities during Halloween. The empirical results suggest that population homogeneity, the upper class' scope for 'purchasing'...