Lyft can come in handy when economists need to calculate the dollar value of time for us and for government.
Deciding the Dollar Value of a Life
Among the many variables involved with coronavirus math, the dollar value of a life can help us determine the importance of social distancing.
Why Driving is Safer in Sweden
An economist might say that the optimal number of traffic fatalities depends on the cost of preventing them. Sweden disagrees. Compared to most other countries, Sweden’s road safety is tops: In the European Union, Sweden and Norway have the low…
In negotiations, better to be Goldilocks or a bear?
Cost-benefit analysis of assertiveness during negotiations reveals a lack of self-awareness that creates results that are less optimal than they could be.
Can We Use Happiness to Evaluate Tobacco Legislation?
Mandated by Ronald Reagan and approved by subsequent presidents, cost-benefit analysis of federal regulation could be inaccurate for new tobacco regulation.
Unexpected Consequences From Fuel Economy
Hoping to cut costs at the pump and buy less foreign oil, President Obama said in his 2014 State of the Union address that medium and heavy duty vehicles would be the next target. A part of the CAFE mandate…