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Calls for criminal justice reform have become commonplace, as issues ranging from ethnic and racial bias in policing to prison overcrowding have taken center stage in many policy discussions. The demand for change in the criminal justice system largely falls on the shoulders of leadership within...
Persistent link: https://www.econbiz.de/10014262314
We propose a model of municipal waste management that combines waste quality monitoring with leachate control. These inputs modulate two types of uncertainty. First, waste quality is uncertain, as it arrives from several nonpoint sources and may contain hazardous waste. Second, while U.S....
Persistent link: https://www.econbiz.de/10005094675
The number of times a crop can be harvested on a cleared parcel of forest land (CPFL) before this land must be fallowed is dependent on the decision to use or not to use fertilizers to enhance soil fertility. As such, we first construct a theoretical model of fertilizer use by a swidden...
Persistent link: https://www.econbiz.de/10005094833
Persistent link: https://www.econbiz.de/10005615889
Current Department of Justice merger guidelines assume that merging the capacities of two firms will translate into an equivalent increase in market shares. Size matters. Economic theory asserts size is determined by marginal revenue and marginal cost not capacity. Size does not matter. In this...
Persistent link: https://www.econbiz.de/10010594055
The number of times a crop can be harvested on a cleared parcel of forest land (CPFL) before this land must be fallowed is dependent on the decision to use or not to use fertilizers to enhance soil fertility. As such, we first construct a theoretical model of fertilizer use by a swidden...
Persistent link: https://www.econbiz.de/10010629464
The most effective use of law enforcement resources for reducing crime has generated significant attention across law enforcement agencies, federal, state, and local decision-making committees as well as many academic disciplines. One of the more spirited discussions revolves around law...
Persistent link: https://www.econbiz.de/10010709047
Simultaneity complicates the estimation of the causal effect of police on crime. We overcome this obstacle by focusing on a mass layoff of Oregon State Police in February of 2003. Due solely to budget cuts, 35 percent of the roadway troopers were laid off, which dramatically reduced citations....
Persistent link: https://www.econbiz.de/10010761769
The Coase theorem tells us that monetary damages and specific performance remedies for breach of contract have identical effects when transaction costs are zero. This has become a standard part of the literature on the economics of contract law. This note argues that the traditional view is...
Persistent link: https://www.econbiz.de/10013114384
Goods for which demand greatly exceeds supply are frequently allocated to citizens using queuing mechanisms. However, violence can occur either when queues are very long or when large numbers of citizens are not provided goods being allocated with queuing mechanisms. Hence, we use the theory of...
Persistent link: https://www.econbiz.de/10013118176