Government Intervention and Suburban Sprawl

Measuring the Environmental Consequences of Suburban Sprawl and Regional Migration

Food Security and Government Intervention

All human societies must solve a set of problems related to food. The first of these is to procure edible plants and animals through some form of production process. Early humans relied mainly on hunting, fishing, and gathering all of which are still practiced in the modern world. About 10,000 years ago, certain plants and animals were domesticated giving rise to new methods to produce food. Cr...

Government intervention and information aggregation by prices1

Market prices are thought to contain a lot of useful information. Hence, regulators (and other agents) are often urged to use market prices to guide decisions. An important issue to consider is the endogeneity of market prices and how they are affected by the prospect of government intervention. We show that if the government learns from the price when taking a corrective action, it might reduc...

Government Intervention and Information Aggregation by Prices

Governments intervene in firms’ lives in a variety of ways. To enhance the efficiency of government intervention, many researchers and policy makers call for governments to make use of information contained in stock market prices. However, price informativeness is endogenous to government policy. We analyze government policy in light of this endogeneity. In some cases, it is optimal for a gover...

Sprawl and Growth Management

different projects. Individually, one person’s sprawl may be another person’s beloved “move up” to a new home or new job. The nature of sprawl strongly reflects the psychology of the individual. It proceeds at a “just one more won’t matter” rate that is difficult to address at the time approval for each project is given. Additionally, the costs of sprawl are perceived to be physical or monetary...