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Essays in the theory of risk-bearing
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The article was published on 1958-01-01 and is currently open access. It has received 3688 citations till now. The article focuses on the topics: Bearing (mechanical).read more
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Optimal royalty design and illegal logging under alternative penalty schemes
TL;DR: In this paper, the authors study forest royalty and enforcement design in the context where concessions are allocated by a government and illegal logging is present, where the government is motivated by royalty revenue collections, by public goods provided from forests, and by the welfare of concessionaires.
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Cost sharing and the use of ambulatory mental health services
TL;DR: In this paper, preliminary data from the Rand Corporation's Health Insurance Study was used to examine expenditures for ambulatory mental health services (MHSs) based on a sample of 4,444 families.
Book
Monopoly trade and economic stagnation: Studies in the foreign trade of Iceland, 1602-1787
TL;DR: The Danish Monopoly Trade existed in Iceland 1602-1787 as discussed by the authors, where no one was allowed to sail to Iceland with the purpose of carrying out trade with the country without a specific royal privilege grant, for which the holder paid trade rental to the Crown.
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Economics of Trust in the Information Economy: Issues of Identity, Privacy and Security
TL;DR: In this article, the authors discuss some of the major issues surrounding trust in e-commerce, by first defining the concept of trust before identifying and examining some trust-enhancing strategies, products and services and their impacts.
Book ChapterDOI
Reference-Dependent Preferences
Ted O'Donoghue,Charles Sprenger +1 more
TL;DR: Theories and applications of reference-dependent preferences are presented, and a short treatment of probability weighting and its links to reference dependence are provided.