Technological changes over the past two decades have made it easier to distribute and to copy intellectual property. Creators and owners of intellectual property have responded to these changes with a variety of creative pricing strategies. The paper reviews some of these pricing innovations....

Many attempts to measure the wage effects of current labor market discrimination against minorities include controls for worker productivity that (1) could themselves be affected by market discrimination and (2) are very imprecise measures of worker skill. The resulting estimates of residual...

Despite some empirical evidence to the contrary, government subsidy to higher education is usually presumed to be inequitable because college-educated workers earn more than less educated workers. Using a simple model of edu- cational choice with endogenous wages and two worker types, I obtain...

Four propositions that have been advanced on the basis of verbal intuition are considered. They are given precise interpretation in a formal model and then disproved. The propositions concern intergenerational transfers through schooling; in particular ...

Previous analyses of the cost of redistribution by a unitary government have focussed on the welfare losses of distorted labor supply choices. On the other hand, the analysis of redistribution b,y local qovernments in a federal system has emphasized the effect of the migration of taxpayers and...

The observation that many workers report wanting to work more or fewer hours at their current rate of pay appears to contradict standard neoclassical theory. Although most jobs limit the ability of workers to choose hours, economists typically assume that workers can choose hours by choosing...

Technological changes over the past two decades have made it easier to distribute and to copy intellectual property. Creators and owners of intellectual property have responded to these changes with a variety of creative pricing strategies. The paper reviews some of these pricing innovations....