Managerial Econ

When firms compete on quality : Law school tuition has been rising since 1994, reaching as much as $50,000 per year when combined with fee...

As part of President Obama’s trip to China next month, he will try to reach an agreement on reducing global carbon emissions. China, underst...

What happens when you make it easier for hikers to be rescued if they get into trouble? Risky behavior increases, like more inexperienced h...

Those damned incentives : The average Manhattan taxpayer who left the state earned $93,264 a year. The average newcomer to Manhattan earned...

After the credit bubble burst, and the Icelandic krona collapsed, McDonald's has decided to go out of business. McDonald’s in Iceland, ...

New research by Joel Waldfogel suggests that the optimal price for a song is about $2.30, and that charging higher prices for more popular ...

I think that some of the more interesting work in economics looks at how people respond differently to monetary and non-monetary incentives....

Before there was Freakonomics and the Armchair Economist , there was Walter Block Defending the Undefendable . These arguments force student...

It depends on what you have to give up to get one.

Its the incentives, stupid : In continental Europe a big part of an estate (often around half) is reserved for the surviving children of t...