This paper calculates cigarette demand for race groups in South Africa. Elasticities are the most important information a tax policy analyst can have. Elasticities determine how the tax base will change with a change in the tax rate and thus how government revenues will respond to the tax....

This paper explores the effects that skill and experience have on a baseball player's decision about whether to negotiate with his team or to enter into arbitration. The action taken by players who are eligible to file depends on their perceived trade-off between various types of risk such as...

This is a textbook (out of print and copyright reverted to authors) that design for a one-semester course in international trade theory at the advanced undergraduate or beginning graduate level. It systematically examines alternative causes of trade and the consequence of each. A much revised...