What Your Time is Really Worth

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…

The Costs and Benefits of Bridge Shopping

Are you a bridge shopper? Manhattan is an island. Linked by bridges and tunnels to other NYC boroughs and NJ, it can be expensive to access…or it can be free. It all depends on your route. And therein lies the…

It’s Not Easy Being Green

In our school parking lot, we have prime spaces that are reserved for employees who drive a hybrid or electric car. After reading Ed Glaeser’s new paper, “The Supply of Environmentalism,” I realized that bestowing these tangible benefits on green…

Green Blog: Stronger than the Storm?

By Amy Tourgee, guest blogger, Kent Place School alumna and Environmental Studies undergraduate at Princeton University Well, Labor Day weekend has come and gone, meaning summer has finally come to an end. Pools are closing, kids are going back to…

Tradeoffs: Tesla Cost and Benefit

Electric carmaker Tesla just announced its first profitable quarter. I also learned it was able to add $40.5 million to its bottom line for selling pollution credits to other auto makers. States like California have a zero emission requirement for…