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Now showing items 11-20 of 57
Moral Hazard and Merit Rating Over Time: An Analysis of Optimal Intertemporal Wage Structures
(Southern Economic Journal, 1986)
In situations of uncertain worker productivity and risk aversion, labor market contracts have a dual objective of promoting incentives and risk spreading. A trade-off between these objectives is present in single period ...
Interstate Pollution Control and Resource Development Planning: Outmoded Approaches or Outmoded Politics?
(Natural Resources Journal, 1988)
Arbitrary political boundaries are no barrier at all to the physical effects of pollution and resource development. Yet, despite the optimism that ushered in the heightened environmental consciousness of the past several ...
Informational Regulation of Consumer Health Risks: An Empirical Evaluation of Hazard Warnings
(The RAND Journal of Economics, 1986)
On the basis of data from a survey of almost 400 consumers, this article assesses whether consumer behavior is responsive to information about product hazards that is provided in response to regulation. We find that the ...
Separation of Powers: Asking a Different Question
(Williamn and Mary Law Review, 1989)
What I find most intriguing about Professor Casper's essay1 is its historical description of the founders' attitude not so much toward "separation of powers," but toward separation of powers "questions." In other words, I ...
Alternative Approaches to Valuing the Health Impacts of Accidents: Liability Law and Prospective Evaluations
(Law & Contemporary Problems, 1983)
The task of valuing accidental injuries and deaths is intrinsically difficult for two reasons. First, unlike standard consumer commodities, individual health is not traded explicitly on the market. It may be traded implicitly ...
Promoting Safety Through Workers' Compensation: The Efficacy and Net Wage Costs of Injury Insurance
(The RAND Journal of Economics, 1989)
This article explores the effects of workers' compensation on fatality rates and wages using the 1982 Panel Study of Income Dynamics and the new occupational fatality data issued by the National Institute for Occupational ...
The Impact of Occupational Safety and Health Regulation, 1973-1983
(Rand Journal of Economics, 1986)
Using a sample of manufacturing industries from 1973 to 1983, this article reexamines
OSHA's impact on workplace safety. Evidence supporting OSHA's effectiveness is stronger than that presented in most previous studies ...
The Determinants of the Disposition of Product Liability Claims and Compensation for Bodily Injury
(The Journal of Legal Studies, 1986)
The frequency and severity of products liability lawsuits have become a matter of increasing importance and concern to the public at large and to American business in particular. The number of product liability cases filed ...
The Risks and Rewards of Criminal Activity: A Comprehensive Test of Criminal Deterrence
(Journal of Labor Economics, 1986)
Whereas previous analyses of criminal deterrence have focused on the effect of criminal enforcement on crime rates, this study analyzes the existence of compensating differentials for criminal pursuits. By analyzing the ...
Selective Judicial Activism in the Equal Protection Context: Democracy, Distrust, and Deconstruction
(Georgetown Law Journal, 1984)
The equal protection clause, ambiguous in its language and its history,' has
over the last three decades been transformed from the "last resort of constitutional
arguments' into a significant force in shaping the American ...