This paper: (i) reports an empirical regularity in the market shares of brands; (ii) presents a theoretical framework for understanding the observed regularity; (iii) adduces additional empirical consequences of the framework, which are some counterintuitive relationships among market shares of...

The conference on "The Future of Utility Regulation: Agenda for the 1990s," was held to consider ways Illinois can best meet the challenges posed by developments occurring in the electric utility industry. The conference was held under the auspices of the Harris Graduate School of Public Policy...

The "globalization debate" is often cast as a dispute between optimists who see global markets working to all societies’ long-term economic advantage and pessimists who fear that international integration will ultimately discourage long-term economic growth and development. As important as it...

While one’s view of environmental issues in newly industrializing countries is in many ways the same regardless of the observer’s country of origin, considering nuances of thinking about the environment that differ among countries can be useful. In addressing this task, the present paper...

Prior studies indicate that incarcerated women are among the most economically disadvantaged populations in the U.S. An important difference between them and male offenders is that these women are usually custodial parents. Therefore, the consequences of incarceration for their well being are...

Within schools of public policy, there is general recognition that public management mediates the relationship between policy analysis and policy making, on the one hand, and the concrete, documentable outcomes of public policies, on the other. Understanding this mediating process toward...

It is a popular activity among public intellectuals to speak about the demise of the family and the decline in marriage as a social institution. No knowledgeable observer would argue that there are no major social ills associated with the functioning of the American family. Consider children:...

Dramatic fluctuations in the stock market raise questions about whether actual prices correspond to fundamentals. Even if there are "bubbles", they may not distort real behaviour if managers base investment decisions on fundamentals. Using a new specification testing strategy based on combining...

Studies have shown that differences in wage-determinant skills between blacks and whites emerge during a child’s infancy, highlighting the roles of parental characteristics and investment decisions. Exploring the genetics of skin-color and models of intrahousehold allocations, I present...

Promoting innovative government has attracted a bipartisan constituency. But if the concept of innovation is watered down to encompass any promising idea or any program change that hasn't been tried before, it will lose its power as a device to stimulate non-trivial improvements in governmental...