This paper investigates the value individuals place on their relative housing consumption as compared to absolute housing consumption. Using observed housing sales from three Ohio MSAs in 2000, a spatial Durbin hedonic price model provides total marginal willingness-to-pay estimates for both...

This paper provides a tractable theoretical model designed to capture the targeting incentives created by benchmark testing. Under high-stakes benchmark testing, schools and teachers are judged on the fraction of students that meet some given level of educational attainment. The incentive for...

Traditional economic and policy analysis theory has emphasized the implementation of private or public property rights regimes in order to sustainably manage natural resources. More recent work has challenged this approach by examining the strengths and weakness of common property governance of...

Tax amnesty programs have exploded in popularity among cash-strapped states since the beginning of the Great Recession. Though many scholars have been interested in the long-term tax compliance effects after amnesty programs, this article is the first to consider short-run compliance effects...