This paper investigates the relationship between alcohol consumption, deterrence, and crime for New York City. We examine high-frequency time-series data from 1983 to 2001 for one specific location to examine the impacts of variations in both alcohol consumption and deterrence on seven "index"...

We estimate the increment in Massachusetts Medicaid program costs attributable to smoking from December 20, 1991, to 1998. We describe how our methods improve upon earlier estimates of analogous costs at the national level. Current costs to the Massachusetts Medicaid program approximate the...

This paper calls for the massive redesign of U.S. intercollegiate athletics departments in light of their widespread and fundamental failure to serve a bona fide student affairs mission. Part I of this article discusses the general purpose of student affairs departments within the broader...

This brief Essay will focus, in somewhat truncated fashion, on the following broad set of questions: How well does the legal liability regime deal with selected current issues? The Essay will raise some issues regarding the current state of liability law and relate those issues to current health...

Based upon psychological research and neuroscience studies about subjective well-being, 2002 Nobel Laureate in Economics, Daniel Kahneman, poses a riddle about which of these two selves should count: experiencing selves or remembering selves. Our remembered emotions (memories) are usually rosier...

In response to the intensive use of antibiotics since their discovery in the 1930s, bacteria increasingly have evolved resistance to these critical medications. Because of this evolutionary process, antibiotics have an unusual characteristic that gives rise to a negative externality: Current use...

This paper analyzes the relationship between postmarketing promotional activity and reporting of adverse drug events by modeling the interaction between a welfare maximizing regulator (the FDA) and a profit maximizing firm. In our analysis demand is sensitive to both promotion and regulatory...

Recent litigation against major tobacco companies culminated in a Master Settlement Agreement' (MSA) under which the participating companies agreed to compensate most states for Medicaid expenses. We outline the terms of the settlement and analyze whether it was a move toward economic efficiency...

We provide a critical review of research in economics that has examined causal relationships between alcohol use and crime. We lay out several causal pathways through which alcohol regulation and alcohol consumption may affect crime, including: direct pharmacological effects on aggression,...

Smoking during pregnancy has been shown to have significant adverse health effects for new born babies. Smoking is the leading preventable cause of low birth weight of infants who in turn, need more resources at delivery and are more likely to have related health problems in infancy and beyond....