This modeling project examines the short-run effects of a program wherein the United States becomes the primary buyer of opium produced in Afghanistan and thereby reduces the global supply of heroin (refined opium). The model graphically shows that supply-side intervention will result in a large...

This paper analyzes economic forces in Nepal's tourism market. Market actors' utility maximization results in inefficient supply and demand outcomes and unsustainable ecotourism. This result is in direct contradiction to the stated goals of the actors, but predictable in the context of the...

This paper has been published in two parts in the The Economics of Peace and Security Journal (1) "Intra-organizational conflict: origin and cost" tells the story of an organization -- the Metropolitan Water District of Southern California -- that suffers from internal conflict. The story is...

Our non-representative sample of 245 undergraduates had significantly lower scores on questions presented in the standard heterogeneous form (i.e., Direct Demand equation and Inverse Demand graph) than on questions presented in non-standard homogenous forms. This result, which holds for advanced...

This article explores the origin and cost of conflict within the Metropolitan Water District of Southern California (MET), a cooperative of 26 member agencies delivering water to nearly 20 million people. Conflict within MET has existed for over 30 years, but increasing population and decreasing...

The literature has described the origin and cost of intra-organizational conflict within the Metropolitan Water District of Southern California (MET). This article explores how this conflict has persisted and suggest ways to resolve it. The key action requires that institutions designed with the...

Laboratory and field experiments have grown significantly in prominence over the past decade. The experimental method provides randomization in key variables therefore permitting a deeper understanding of important economic phenomena. This path-breaking volume provides a valuable collection of...