Monetary incentives can influence a decision and distort the information we access for our cost and benefit research.
Marriage Markets in China and India
With son preference, limited fertility and social norms, China’s and India’s sex ratios at birth have created a male glut and new marriage markets.
The Cost of Garbage
With landfills, recycling and composting the alternatives, garbage incineration that generates electricity has become increasingly popular.
The Problem With Bovine Burps
Reducing environmental externalities from greenhouse gas emissions involves the methane that cows and other ruminants burp.
Why It’s Tough to Place the Poverty Line
Whether calculating the poverty rate in Rwanda or in the U.S., the income and/or consumption variables you select determine your results.
The Impact of a Legendary Economics Curve
Showing the connection between inflation and unemployment, the Phillips Curve has been re-interpreted, re-affirmed and condemned as a monetary policy tool.
Solving the Mystery of the Disappearing Workers
One reason we have a labor force participation rate of 62.4 percent is because retirees, students, the disabled and people who care for family do not work.
The Diner’s Dilemma: Should You Divide the Check Equally With Friends?
Like the tragedy of the commons, splitting a bill among friends at a restaurant involves an individual’s marginal benefit and the group’s marginal cost.