To what extent can life protection account for observed diversities in age-specific life expectancies across individuals and over time? We provide answers via calibrated simulations of a life-cycle model where life's end is stochastic, and age-specific mortality hazards are ndogenous outcomes of...

Reasonable and equitable water resource decision-making is at the core of good governance around the world. Sustained water collaboration is an antidote to foreign relations disintegration. Lack of water quality and quantity policies can lead to water insecurity for everyone, yet bureaucratic...

In this paper we outline the economics of healthcare as a problem of coordinating data and examine how blockchain technology might be applied as new economic infrastructure to govern those data rights. We argue that blockchain as a technology of trust pushes the economic organisation of...

The FDA has been charged by the 2010 Food Safety Modernization Act (FSMA) with improving food safety in the United States. The four large regulations analyzed in this paper do not appear able to accomplish that mission. Part of the reason for this failure is that Congress has narrowly prescribed...

Until a vaccine is widely available, face masks and other nonpharmaceutical interventions (NPIs) will continue to be the frontline defense against Covid-19 in developing countries. But their effectiveness depends critically on compliance by young adults, who are most likely both to become...

An emergency, especially an epidemic or a pandemic, can be challenging for individuals and communities. Sudden and unpredictable situations, growing fears of health hazards, and psychological impact of deteriorating physical conditions and increasing number of deaths, can affect their...

Beginning in the 1870s and '80s, there were multiple bills in Congress to get the federal government heavily involved in food safety to effect. Pathogenic contamination was rampant, from insanitary plants and poor processing, and there were many compounds added to food that had no business in...

We consider a heterogeneous SIR epidemic model, calibrated to the current COVID-19 pandemic characteristics. We study the equilibrium of the voluntary social distancing decisions across a network of individuals subject to the epidemic risk. We quantify the absolute and relative utility gaps...

The aim of the study is to assess the impact of stringent lockdown policy on health and economic outcomes by constructing a stringency index at the State level in India. Results shows that stringent policy led to containment of spread as well as lowering of casualties related to COVID-19 across...

While at least a dozen state legislatures are considering bills to allow the consumption of marijuana for medicinal purposes, the federal government has recently intensified its efforts to close medical marijuana dispensaries. Federal officials contend that the legalization of medical marijuana...