Managerial Econ

The Free Press : Bates, ``a new tough-on-crime prosecutor, ... replaced a scandal-plagued `progressive.'” ''  Incapacitati...

WSJ: They Get Wheeled on Flights and Miraculously Walk Off. Praise ‘Jetway Jesus.’   One viral account had 30 travelers needing wheelchairs ...

WSJ :  The share of SAT takers getting extra time has increased from 2% to 6.7% in the last decade; on the ACT, it rose from 4.1% to 7%. Qua...

WSJ: Say Goodbye to the Billable Hour, Thanks to AI Ironically, what began as an effort to promote transparency and efficiency for legal wor...

Noah Smith via Marginal Revolution , and  Kim Mai Cutler .  The CA insurance regulator is elected, and is reluctant to allow higher rat...

NYTimes : Under almost every president since 1980, 80 percent of the real growth in domestic spending has gone to Social Security and ......

Deiana, Maheshr,and Mastrobuoniand have recently published an analysis of the effects of Search and Rescue operations on migration from Afr...

Progressive Insurance pioneered telematic monitoring devices to offer Pay-How-You-Drive ( PHYD ) insurance policies over a decade ago. Now S...

  Organized bike vigilantes are emerging to recover stolen bikes. A pedagogical tool I stole from Luke (who I believe also stole it) is to ...

The History of the Germans podcast I have been enjoying has just gotten to the Hanseatic League , the trading network dominated by the Germ...

MarginalRevolution has a nice exposition of the tradeoffs: An unwillingness to guarantee all the deposits would satisfy the desire to pena...

  Noisy performance metrics lead to moral hazard (firms shirk on ESG efforts), and adverse selection (ESG investors more likely to invest in...

Planet Money has another episode that is making me rethink my opposition to government subsidies for public broadcasting.  In  The Fine Prin...

How else do you explain their cut in Covid-19 benefits to unvaccinated employees ? Here is what Kroger says:   ...the company is modifying p...

If patients know they can get monoclonal antibody treatment, there may be less incentive to get vaccinated: WEBMD : Tennessee health officia...

 Chapters 19 and 20 talks about the problems of adverse selection and moral hazard caused by asymmetric info.  This makes car insurance diff...

Over 40 years ago, Sam Peltzman studied the behavioral changes from the 1968 adoption of a mandatory seat belt law. Before then, seat belts...

In 2007, the FTC's Bureau of Economics just relased their FACTA study , which concludes that: Credit scores effectively predict ... t...

According to an AP article , "Virus Tolls [are] Similar Despite Governors' Contrasting Actions." The article suggests moral ha...

Financial options on funds are bets that, e.g., a fund's price will increase up to a specified strike price.  Leverage tends to make a f...