Public goods may exhibit complementarities that are essential for determining their individual value. Our results indicate that improving safety near parks can turn them from public bads to goods. Ignoring complementarities may lead to i) undervaluing the potential value of public goods; ii)...

In April 2014, Flint, Michigan switched its drinking water supply from the Detroit water system to the Flint River as a temporary means to save $5M. Over the course of eighteen months, it was revealed that the switch exposed residents to dangerous levels of lead, culminating in an emergency...

The economics of climate change involves a vast array of uncertainties, complicating both the analysis and development of climate policy. This study presents the results of the first comprehensive study of uncertainty in climate change using multiple integrated assessment models. The study looks...

Changes in transport costs can affect mobility in ways that differ across the population, affecting the impacts of transport policies. We randomly assign large price reductions on Uber in Egypt over a 3-month period and collect comprehensive data on participant mobility using Google Timeline. A...

There is growing concern about the impact of the home-sharing markets on housing affordability, yet the underlying mechanisms are not well-studied. We use a theoretical model to provide key results on the mechanisms through which home-sharing can improve the quality of matches between buyers and...