For decades, we have examined privatization with zeal and rigor. Relegated to the margins, however, have been inquiries into privatization's close cousin: direct government market participation. Given the ubiquity of government commercial transactions, the political, legal, and economic...

This article, expanding on an earlier essay, 'http://ssrn.com/abstract=2985925' http://ssrn.com/abstract=2985925, explains the environmental and economic problems with a congressional bill that would have transferred federal Bureau of Land Management lands managed to the state of Oregon. The...

Medicare expenditures as a share of gross domestic product (GDP) are now six times larger than they were in 1967. Forecasts for the next 75 years show that almost $1 of every $5 of GDP could be spent on Medicare. That is unaffordable. Without intervention, Medicare's share of GDP will force some...

There has been a fundamental development in theory and understanding of market, private, collective and public organizations in recent years. This paper incorporates achievements of the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law,...

There has been a fundamental development in theory and understanding of market, private, collective and public organizations in recent years. This paper incorporates achievements of the interdisciplinary New Institutional and Transaction Costs Economics (combining Economics, Organization, Law,...

The Temporary Assistance for Needy Families (TANF) program provides cash assistance to very-low-income families with children. Application procedures to receive TANF benefits, however, often involve substantial transaction costs likely to reduce take-up. We estimate, through a randomized...

The Temporary Assistance for Needy Families (TANF) program provides cash assistance to very-low-income families with children. Application procedures to receive TANF benefits, however, often involve substantial transaction costs likely to reduce take-up. We estimate, through a randomized...

This study tests for a migration response to the implementation of stricter rules for welfare benefit receipt, in the form of mandatory participation in activation programs for welfare recipients, in Stockholm town districts. The hypothesis is that welfare benefit prone individuals will choose...

This study tests for a migration response to the implementation of stricter rules for welfare benefit receipt, in the form of mandatory participation in activation programs for welfare recipients, in Stockholm town districts. The hypothesis is that welfare benefit prone individuals will choose...