Neoclassical economics, the dominant economics paradigm, has influenced and been influenced by developments in regulated industries. We identify major theoretical and empirical accomplishments, discuss the impact ofthese accomplishments onpolicy development, and list the channels through which the impacts are madepossible. We then discuss regulatorypolitics, lack ofresearch perspective, an over...

We design and estimate a game theoretic congestion pricing mechanism in which the regulator aims at reducing urban tra¢ c congestion by price discriminating travelers according to their Value Of Time (VOT). Travelers’preferences depend on their observable characteristics, on the endogenous amount of congestion anticipated, on their Marginal Utility (MU) of income and on some unobserved factors....

Two complementary sources of information are studied in a multi-period agency model. One is an accounting source which partially but credibly conveys the agent’s private information through accounting recognition. The other is an unverified communication by the agent (i.e., a self-report). In a simple setting with no communication, alternative labor market frictions lead to alternative optimal ...

Capacity and Product Market Competition: Measuring Market Power in a 'Puppy-Dog' Industry* In this paper we specify and estimate a structural model which accounts for competition in two variables: capacity and prices. The model has a two-stage setup. In the first stage firms make capacity decisions followed by a product-differentiated, price setting game in the second stage. Since costs are end...

Public school choice programs, also known as open enrollment or intra-district choice programs, give households a free choice of public school and provide public schools with incentives to compete for students. Supporters of these programs argue that by injecting market forces into the public school system, they will improve the quality of the education that public schools provide. Critics coun...

Search engines commonly use “sponsored links”, where certain advertisers’ links are promoted to be placed above others in return for monetary payment. It is natural to assume that all providers value a higher ranked placement more than lower ranked ones. Then how should the seller optimally sell these ranked slots is critical for the search engines. In this paper we study the seller’s (search e...

Purpose—The authors investigated the contributions of the transient receptor potential vanilloid-1 receptor (TRPV1) and Ca2+ to microglial IL-6 and nuclear factor kappa B (NFκB) translocation with elevated hydrostatic pressure. Methods—The authors first examined IL-6 colocalization with the microglia marker Iba-1 in the DBA/2 mouse model of glaucoma to establish relevance. They isolated microgl...

Experimental subjects receive a different presentation of a food product’s potential health risk reductions if eaten regularly. They are then asked to bid for the product. Results suggest that the bids vary across the groups that receive differing risk information. Contact author is Shaw ([email protected], 979-845-3555). Nayga and Shaw are professors and Silva is a PhD student. We thank Han Blei...

The present study examined whether witnessing interparental verbal aggression and/or experiencing emotional abuse during childhood were associated with emotional abuse in current or recent dating relationships in college students (M = 19.51 years; SD = 2.02). Participants (N = 715) completed the Conflicts Tactics 2-CA Scale (Straus & Donnelly, 2001), the Exposure to Abusive and Supportive Envir...

-   ahmadi, m., kaboli, m., imani harsini, j., khosravi sharifabadi, r., almasi, m., 2012. strategic management plan for wolf (canis lupus) in hamedan province: an approach to reducing human-wolf conflicts. journal of natural environment, iranian journal of natural resources. 65, 271–281. -   ballard, w.b., dau, j.r., 1983. characteristics of gray wolf, canis lupus, den and rendezvous sites in ...