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When the Fish and Wildlife Service designated land in four counties of Arizona as “critical habitat” necessary for the protection of the endangered cactus ferruginous pygmy‐owl, property values dropped considerably. When the owl was later delisted, property values jumped back up. We use...
Persistent link: https://www.econbiz.de/10014093851
This paper recasts current theories of regulatory or legislative competition. Building on the recent contribution of Buchanan and Yoon (2000), we consider alternative ways in which decision-making competence can be allocated among multiple legislative or administrative bodies. The general model...
Persistent link: https://www.econbiz.de/10014095499
Highly influential recent work by Benartzi et al. (2017) argues—based on comparisons of the respective effectiveness and costs of behavioral interventions (or nudges) versus traditional instruments—that nudges offer more cost-effective means than traditional interventions for changing...
Persistent link: https://www.econbiz.de/10013492605
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Between 1991 and 2001, crime rates dropped by about a third across all crime categories. We suggest that the introduction and growth of mobile phone technology may have contributed to the crime decline in the 1990s, specifically in the areas of rape and assault. Given that mobile phones increase...
Persistent link: https://www.econbiz.de/10014166697
Most industrialized countries have increased access to abortion over the past 30 years. Economic theory predicts that abortion laws affect sexual behavior since they change the marginal cost of having risky sex. We use gonorrhea incidence as a metric of risky sexual behavior. Using a panel of 41...
Persistent link: https://www.econbiz.de/10014206276
A number of states have passed caps on non-economic and punitive damage awards in civil cases. The conventional wisdom is that the passage of these caps is driven by "out-of-control" jury awards that need to be reigned in. However, it could be the case that voters harboring anti-litigation,...
Persistent link: https://www.econbiz.de/10014210468
This paper examines the effect of workplace safety regulations on worker safety. Studies in this area must overcome the issue that regulations and worker safety are jointly determined and that regulatory resources are likely to focus on the worst offenders. We examine the effects of regulatory...
Persistent link: https://www.econbiz.de/10014086298
While much has been written about inter-jurisdictional competition for tax revenues, especially concerning the choice between harmonization and competition, the literature has largely ignored intra-jurisdiction issues. The few articles examining this issue focus on how lower level governmental...
Persistent link: https://www.econbiz.de/10014087229