Peering between network providers is modeled as a set of interconnections at hub nodes. The paper employs probabilistic methods to determine the likelihood of a path between nodes, under a variety of simulated disruptions or failures of parts of a network. Reliability is measured as the...

Wage hedonic models are estimated with the Health and Retirement Study to measure the risk-wage tradeoffs (value of statistical lives) for older workers. The analysis explicitly allows for multiple employment states, including retirement, using a multinomial selection model. The results suggest...

We use Korean data to find the effects of Early Reemployment Bonus (ERB) on unemployment duration; ERB is a bonus that the eligible unemployed receive if they find a job before their unemployment insurance benefit expires. A naive approach would be comparing the ERB receiving group with the...