Details about Richard Zeckhauser

E-mail:
Homepage:	https://www.hks.harvard.edu/faculty/richard-zeckhauser
Phone:	617-495-1174
Postal address:	Kennedy School of Government 79 JFK St. Cambridge, MA 02138
Workplace:	Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School, Harvard University, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Richard Zeckhauser.

Last updated 2022-01-06. Update your information in the RePEc Author Service.

Short-id: pze7

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Working Papers

2020

1. Sunlight and Protection Against Influenza
   IZA Discussion Papers, Institute of Labor Economics (IZA)
   Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2018) View citations (13)
   NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (13)
   See also Journal Article in Economics & Human Biology (2021)
2. The Tax Cuts and Jobs Act: Which Firms Won? Which Lost?
   Swiss Finance Institute Research Paper Series, Swiss Finance Institute
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020)
3. Three Prongs for Prudent Climate Policy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   See also Journal Article in Southern Economic Journal (2020)

2019

4. Bound to Happen: Explanation Bias in Historical Analysis
   Working Paper Series, Harvard University, John F. Kennedy School of Government
5. Efficient Division When Preferences are Private: Using the Expected Externality Mechanism
   Working Paper Series, Harvard University, John F. Kennedy School of Government
6. Risky Business: Commissioning Portraits in Renaissance Italy
   Working Paper Series, Harvard University, John F. Kennedy School of Government
7. Strategic Sorting: The Role of Ordeals in Health Care
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
   Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2019) View citations (1)
   See also Journal Article in Economics and Philosophy (2021)

2018

8. Confronting an Enemy with Unknown Preferences: Deterrer or Provocateur?
   Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (3)
   See also Journal Article in European Journal of Political Economy (2018)
9. Excess Prices for Drugs in Medicare: Diagnosis and Prescription
   Working Paper Series, Harvard University, John F. Kennedy School of Government
10. High-Priced Drugs in Medicare Part D: Diagnosis and Potential Prescription
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
11. Investor Rewards to Climate Responsibility: Evidence from the 2016 Climate Policy Shock
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
12. Paths to Convergence: Stock Price Behavior After Donald Trump's Election
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (1)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2017)
13. Stock Price Rewards to Climate Saints and Sinners: Evidence from the Trump Election
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (7)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2018) View citations (6)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (7)

2017

14. Company Stock Price Reactions to the 2016 Election Shock: Trump, Taxes and Trade
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (11)
    See also Journal Article in Journal of Financial Economics (2018)
15. Company Stock Reactions to the 2016 Election Shock: Trump, Taxes and Trade
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2017) View citations (11)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2017) View citations (11)
16. Intelligence on Weapons: The Open-Attack Game
    Department of Economics Working Papers, Stony Brook University, Department of Economics
17. Straight Talkers and Vague Talkers: The Effects of Managerial Style in Earnings Conference Calls
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (2)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2017) View citations (2)

2016

18. Collective Action in an Asymmetric World
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (9)
    See also Journal Article in Journal of Public Economics (2018)
19. Confronting Deep and Persistent Climate Uncertainty
    Working Paper Series, Harvard University, John F. Kennedy School of Government
20. Efficient Warnings, Not "Wolf or Rabbit" Warnings
    Working Paper Series, Harvard University, John F. Kennedy School of Government
21. Enrollee Choices after Their Health Plans Are Terminated: Default Effects versus Persistent Preferences
    Working Paper Series, Harvard University, John F. Kennedy School of Government
22. Loss Sequencing in Banking Networks: Threatened Banks as Strategic Dominoes
    Working Paper Series, Harvard University, John F. Kennedy School of Government
23. Owning, Using and Renting: Some Simple Economics of the "Sharing Economy"
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (34)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (30)
    See also Journal Article in Management Science (2020)
24. Recollection Bias and Its Underpinnings: Lessons from Terrorism-Risk Assessments
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2015)
    See also Journal Article in Risk Analysis (2017)
25. The Causes of Peer Effects in Production: Evidence from a Series of Field Experiments
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (2)

2015

26. Better Predictions, Better Allocations: Scientific Advances and Adaptation to Climate Change
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2015) View citations (1)
27. Climate Sensitivity Uncertainty: When Is Good News Bad?
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (10)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (10)
28. Getting an Honest Answer: Clickers in the Classroom
    Working Paper Series, Harvard University, John F. Kennedy School of Government
29. How Quantifying Probability Assessments Influences Analysis and Decision Making: Experimental Evidence from National Security Professionals
    Working Paper Series, Harvard University, John F. Kennedy School of Government
30. Reading Managerial Tone: How Analysts and the Market Respond to Conference Calls
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (1)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2015)
31. Tips and Tells from Managers: How Analysts and the Market Read Between the Lines of Conference Calls
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (2)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (3)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2015) View citations (3)

2014

32. Artful Paltering: The Risks and Rewards of Using Truthful Statements to Mislead Others
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
33. Audits as Signals
    Scholarly Articles, Harvard Kennedy School of Government View citations (2)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2013) View citations (2)
34. Regulating Ambiguous Risks: The Less Than Rational Regulation of Pharmaceuticals
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    See also Journal Article in The Journal of Legal Studies (2015)
35. Second Trimester Sunlight and Asthma: Evidence from Two Independent Studies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2014) View citations (1)
    See also Journal Article in American Journal of Health Economics (2017)
36. Signaling with Audits: Mimicry, Wasteful Expenditures, and Non-compliance in a Model of Tax Enforcement
    Working Paper Series, Harvard University, John F. Kennedy School of Government

2013

37. Ignorance: Lessons from the Laboratory of Literature
    Working Paper Series, Harvard University, John F. Kennedy School of Government
38. Jobs and Kids: Female Employment and Fertility in China
    Scholarly Articles, Harvard Kennedy School of Government View citations (10)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2012)
    See also Journal Article in IZA Journal of Labor & Development (2013)
39. Social Class and Un(ethical) Behavior: A Framework, with Evidence from a Large Population Sample
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (28)
40. The Decisions of Entrepreneurs and Their Agents: Revealed Levels of Risk Aversion and Betrayal Aversion
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (5)

2012

41. Assessing Uncertainty in Intelligence
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
    Also in Scholarly Articles, Harvard Kennedy School of Government (2012) View citations (1)
42. Generic Script Share and the Price of Brand-Name Drugs: The Role of Consumer Choice
    Scholarly Articles, Harvard Kennedy School of Government
    See also Journal Article in International Journal of Health Economics and Management (2009)
43. Social Class and (Un)ethical Behavior: Evidence from a Large Population Sample
    Scholarly Articles, Harvard Kennedy School of Government
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2012)
44. Solomonic Separation: Risk Decisions as Productivity Indicators
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012)
    Scholarly Articles, Harvard Kennedy School of Government (2012)
    See also Journal Article in Journal of Risk and Uncertainty (2013)
45. The Disgust-Promotes-Disposal Effect
    Scholarly Articles, Harvard Kennedy School of Government View citations (2)
    See also Journal Article in Journal of Risk and Uncertainty (2012)
46. The Returns to Education in China: Evidence from the 1986 Compulsory Education Law
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (49)
47. Variable Temptations and Black Mark Reputations
    Scholarly Articles, Harvard Kennedy School of Government
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2012)
    Scholarly Articles, Harvard Kennedy School of Government (2011)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2011)
    NBER Working Papers, National Bureau of Economic Research, Inc (2010)
    See also Journal Article in Games and Economic Behavior (2014)

2011

48. Addressing Catastrophic Risks: Disparate Anatomies Require Tailored Therapies
    Scholarly Articles, Harvard Kennedy School of Government View citations (2)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2011) View citations (2)
49. Deterring and Compensating Oil Spill Catastrophes: The Need for Strict and Two-Tier Liability
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (5)
    Also in Scholarly Articles, Harvard Kennedy School of Government (2011) View citations (3)
50. Shunning Uncertainty: The Neglect of Learning Opportunities
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    Also in Scholarly Articles, Harvard Kennedy School of Government (2011)
    See also Journal Article in Games and Economic Behavior (2013)
51. The "CAPS" Prediction System and Stock Market Returns
    Scholarly Articles, Harvard Kennedy School of Government
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (10)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2009) View citations (1)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2011)
    Scholarly Articles, Harvard Kennedy School of Government (2009) View citations (1)
    See also Journal Article in Review of Finance (2016)
52. The Behavior of Savings and Asset Prices When Preferences and Beliefs Are Heterogeneous
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (1)
    Scholarly Articles, Harvard Kennedy School of Government (2011) View citations (1)
    Working Papers, University of Pennsylvania, Wharton School, Weiss Center (2011) View citations (1)
53. The Dopamine Receptor D4 Gene (DRD4) and Self-Reported Risk Taking in the Economic Domain
    Scholarly Articles, Harvard Kennedy School of Government
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2011)
54. The Methodology of Normative Policy Analysis
    Scholarly Articles, Harvard Kennedy School of Government View citations (3)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2011) View citations (4)
    See also Journal Article in Journal of Policy Analysis and Management (2011)

2010

55. Causes of the Financial Crisis: Many Responsible Parties
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    Also in Scholarly Articles, Harvard Kennedy School of Government (2010)
56. Disgust Promotes Disposal: Souring the Status Quo
    Scholarly Articles, Harvard Kennedy School of Government
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2010)
57. Dopamine and Risk Choices in Different Domains: Findings Among Series Tournament Bridge Players
    Scholarly Articles, Harvard Kennedy School of Government View citations (3)
    Also in Scholarly Articles, Harvard Kennedy School of Government (2010) View citations (3)
    Working Paper Series, Harvard University, John F. Kennedy School of Government (2010) View citations (4)
    See also Journal Article in Journal of Risk and Uncertainty (2011)
58. Dopamine and Risk Preferences in Different Domains
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
    Also in SIFR Research Report Series, Institute for Financial Research (2010) View citations (2)
59. Female Employment and Fertility in Rural China
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (11)
    Also in Scholarly Articles, Harvard Kennedy School of Government (2010) View citations (8)
60. Jobs and Kids: Female Employment and Fertility in Rural China
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
61. Responding to Threats of Climate Change Mega-Catastrophes
    Scholarly Articles, Harvard Kennedy School of Government View citations (1)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2010) View citations (1)
    Policy Research Working Paper Series, The World Bank (2009) View citations (16)
    Discussion Papers, Resources For the Future (2009) View citations (15)
62. The Elasticity of Trust: How to Promote Trust in the Arab Middle East and the United States
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (3)
    Also in Scholarly Articles, Harvard Kennedy School of Government (2010) View citations (2)
63. The Methodology of Positive Policy Analysis
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (3)
    Also in Scholarly Articles, Harvard Kennedy School of Government (2010) View citations (3)
64. The Online Laboratory: Conducting Experiments in a Real Labor Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (128)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2010) View citations (16)
    Scholarly Articles, Harvard Kennedy School of Government (2010) View citations (30)
    See also Journal Article in Experimental Economics (2011)
65. Trust and the Reference Points for Trustworthiness in Gulf and Western Countries
    Scholarly Articles, Harvard Kennedy School of Government View citations (58)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2009)
    Scholarly Articles, Harvard Kennedy School of Government (2009)
    See also Journal Article in The Quarterly Journal of Economics (2010)

2009

66. Health Insurance Exchanges — Making the Markets Work
    Scholarly Articles, Harvard Kennedy School of Government View citations (3)
67. Rank as an Incentive
    Scholarly Articles, Harvard Kennedy School of Government View citations (3)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2009) View citations (3)
68. Selection Stories: Understanding Movement Across Health Plans
    Scholarly Articles, Harvard Kennedy School of Government View citations (4)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2009) View citations (4)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (4)
    See also Journal Article in Journal of Health Economics (2010)
69. The Trouble with Cases
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    Also in Scholarly Articles, Harvard Kennedy School of Government (2009)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009)
    See also Chapter (2010)

2008

70. Demanding Customers: Consumerist Patients and Quality of Care
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008)
    See also Journal Article in The B.E. Journal of Economic Analysis & Policy (2011)
71. Overreaction to Fearsome Risks
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (11)
    See also Journal Article in Environmental & Resource Economics (2011)
72. Policymaking for Posterity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2008) View citations (24)
    See also Journal Article in Journal of Risk and Uncertainty (2008)
73. Resource Allocation When Projects Have Ranges of Increasing Returns
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    Also in LERNA Working Papers, LERNA, University of Toulouse (2007)
    See also Journal Article in Journal of Risk and Uncertainty (2008)
74. Schedule Selection by Agents: from Price Plans to Tax Tables
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2008) View citations (3)
    2008 Meeting Papers, Society for Economic Dynamics (2008) View citations (3)
75. Simple Humans, Complex Insurance, Subtle Subsidies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)

2007

76. Betrayal Aversion: Evidence from Brazil, China, Oman, Switzerland, Turkey, and the United States
    Discussion Papers, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham View citations (1)
    See also Journal Article in American Economic Review (2008)
77. Conspicuous Conservatism In Risk Choice
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute View citations (1)
    See also Journal Article in Journal of Risk and Uncertainty (2007)
78. Custom Made Versus Ready to Wear Treatments; Behavioral Propensities in Physician's Choices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
    See also Journal Article in Journal of Health Economics (2007)
79. Investing in the Unknown and Unknowable
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    See also Journal Article in Capitalism and Society (2006)
80. Paltering
    Working Paper Series, Harvard University, John F. Kennedy School of Government

2006

81. Betrayal Aversion on Four Continents
    Working Paper Series, Harvard University, John F. Kennedy School of Government
82. Mechanism Design with Multidimensional, Continuous Types and Interdependent Valuations
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    See also Journal Article in Journal of Economic Theory (2007)
83. National Survey Evidence on Disasters and Relief: Risk Beliefs, Self-Interest, and Compassion
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (51)
    See also Journal Article in Journal of Risk and Uncertainty (2006)
84. Permits to Elicit Information
    Working Paper Series, Harvard University, John F. Kennedy School of Government
85. Private Investment and Government Protection
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (39)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (37)
    See also Journal Article in Journal of Risk and Uncertainty (2006)
86. Thomas Schelling, Ricochet Thinker
    Working Paper Series, Harvard University, John F. Kennedy School of Government

2005

87. Generic Scrip Share and the Price of Brand-Name Drugs: The Role of the Consumer
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
88. Regulation by Generalization
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    See also Journal Article in Regulation & Governance (2007)
89. THE ELASTICITY OF TRUST: EVIDENCE FROM KUWAIT, OMAN, SWITZERLAND, THE UNITED ARAB EMIRATES AND THE UNITED STATES
    Discussion Papers, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2005)
90. The Optimal Management of Environmental Quality with Stock and Flow Controls
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)
91. The Perception and Valuation of the Risks of Climate Change: A Rational and Behavioral Blend
    Working Paper Series, Harvard University, John F. Kennedy School of Government
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (1)

2004

92. Securing Truth for Power: Informational Strategy and Regulatory Policy Making
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (4)
93. Social comparisons in ultimatum bargaining
    CREMA Working Paper Series, Center for Research in Economics, Management and the Arts (CREMA) View citations (71)
    Also in Working Paper Series, Harvard University, John F. Kennedy School of Government (2003) View citations (1)
    See also Journal Article in Scandinavian Journal of Economics (2004)
94. The Management Performance of the U.S. States
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (1)

2003

95. Collective Investment Decision Making with Heterogeneous Time Preferences
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in CESifo Working Paper Series, CESifo (2003) View citations (3)
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2003) View citations (2)
96. Efficient Design with Multidimensional, Continuous Types, and Interdependent Valuations
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (3)
97. Enrollee Mix, Treatment Intensity, and Cost in Competing Indemnity and HMO Plans
    Scholarly Articles, Harvard University Department of Economics View citations (14)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (8)
    See also Journal Article in Journal of Health Economics (2003)
98. Provider Choice of Quality and Surplus
    Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University
    See also Journal Article in International Journal of Health Economics and Management (2006)
99. Racial Profiling
    Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (2)
100. Sacrificing Civil Liberties to Reduce Terrorism Risks
     Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (41)
     See also Journal Article in Journal of Risk and Uncertainty (2003)
101. The Value of Reputation on eBay: A Controlled Experiment
     Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (16)
     See also Journal Article in Experimental Economics (2006)
102. Trust, Risk and Betrayal
     Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (8)
     See also Journal Article in Journal of Economic Behavior & Organization (2004)

2002

103. A Renaissance Instrument to Support Nonprofits: The Sale of Private Chapels in Florentine Churches
     NBER Working Papers, National Bureau of Economic Research, Inc
     See also Chapter (2003)
104. Eliciting Honest Feedback in Electronic Markets
     Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (8)
105. Government Contracting for Health Care
     Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University View citations (7)
106. Information and Communication Technologies, Markets and Economic Development
     Discussion Papers Series, Department of Economics, Tufts University, Department of Economics, Tufts University View citations (24)

2001

107. What Worms for the Early Bird: Early Admissions at Elite Colleges
     Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (6)
108. When to Haggle
     Working Paper Series, Harvard University, John F. Kennedy School of Government View citations (3)

2000

109. Controlling Stocks and Flows to Promote Quality: The Environment, With Applications to Physical and Human Capital
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)

1999

110. Can Market and Voting Institutions Generate Optimal Intergenerational Risk Sharing?
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
     Also in Working Papers, Stanford University, Department of Economics (1999) View citations (5)
     See also Chapter (2001)
111. Congressional Vote Options
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
112. The Anatomy of Health Insurance
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
     See also Chapter (2000)
113. The Profits to Insider Trading: A Performance-Evaluation Perspective
     Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (16)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (19)

1998

114. Earnings Management to Exceed Thresholds
     CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (10)
     Also in Working Papers, HAL (1997) View citations (1)
     See also Journal Article in The Journal of Business (1999)

1997

115. Adverse Selection in Health Insurance
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
     See also Chapter (1998)
     Journal Article in Forum for Health Economics & Policy (1998)
116. Horizon Length and Portfolio Risk
     NBER Technical Working Papers, National Bureau of Economic Research, Inc View citations (12)
     See also Journal Article in Journal of Risk and Uncertainty (2002)
117. Reinsurance for Catastrophes and Cataclysms
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
     See also Chapter (1999)
118. Restraining the Leviathan: Property Tax Limitation in Massachusetts
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
     Also in Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (1997) View citations (3)
     See also Journal Article in Journal of Public Economics (1999)
119. Strategic Choice of Earnings Risk: Reducing and Increasing Noise in the signal of Firms Quality
     Working Papers, HAL

1996

120. Earnings Manipulation, I: the role of thresholds
     Working Papers, HAL
121. Hedging and Gambling: Corporate Risk Choice When Informing the Market
     Working Papers, HAL View citations (7)
     Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (1996) View citations (7)
122. Investment Flexibility and the Acceptance of Risk
     Working Papers, Toulouse - GREMAQ View citations (1)
     See also Journal Article in Journal of Economic Theory (1997)
123. Price Versus Quanitity: Market Cleaning Mechanisms When Sellers Differ in Quality
     Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (2)
     Also in NBER Working Papers, National Bureau of Economic Research, Inc (1996) View citations (6)
124. Time Horizon Length and Risk Aversion
     Working Papers, Toulouse - GREMAQ

1995

125. Hedging and Shooting: Corporate Risk Choice When Informing the Market
     Working Papers, HAL
126. Organizational Form and Insurance Company Performance: Stocks versus Mutuals
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
     See also Chapter (1998)

1993

127. Budgets as Dynamic Gatekeeprs
     Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (2)
     See also Journal Article in Management Science (1996)
128. Demographic Characteristics and the Public Bundle
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (53)
     See also Journal Article in Public Finance = Finances publiques (1993)

1992

129. Robin-Hooding Rents: Exploiting the Pecuniary Effects of In-Kind Programs
     NBER Working Papers, National Bureau of Economic Research, Inc

1991

130. Information Handling and Firm Performance: Evidence from Reverse LBOs
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
131. Nonrational Actors and Financial Market Behavior
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
132. The Australian Pharmaceutical Subsidy Gambit: Transmuting Deadweight Loss and Oligopoly Rents to Consumer Surplus
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)

1990

133. Hot Hands in Mutual Funds: The Persistence of Performance, 1974-87
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
134. THE EFFECT OF STATE TORT REFORM LEGISLATION ON LIABILITY INSURANCE AND PREMIUMS
     Working Papers, Harvard - J.F. Kennedy School of Government View citations (1)

1989

135. ADVERTISING AND THE PRICE, QUANTITY AND QUALITY OF PRIMARY CARE PHYSICIAN SERVICES
     Working Papers, Harvard - J.F. Kennedy School of Government View citations (3)
     See also Journal Article in Journal of Human Resources (1992)

1987

136. Treasury Bill Futures as Hedges Against Inflation Risk
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

1986

137. Amnesty, Enforcement and Tax Policy
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
     See also Chapter (1987)
138. Assessing Dynamic Efficiency: Theory and Evidence
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (179)
     Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (1)
     See also Journal Article in Review of Economic Studies (1989)

1984

139. Pensions and the Retirement Decision
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
     See also Chapter (1985)

1980

140. Optimal Selling Strategies
     UCLA Economics Working Papers, UCLA Department of Economics View citations (15)
141. The Choice of Health Policies with Heterogeneous Populations
     NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
     See also Chapter (1982)

Undated

142. Estimating the Returns to Insider Trading
     Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (7)
143. Roles for Electronic Brokers
     Working Paper Series, MIT Center for Coordination Science

Journal Articles

2021

1. Strategic sorting: the role of ordeals in health care
   Economics and Philosophy, 2021, 37, (1), 64-81 View citations (4)
   See also Working Paper (2019)
2. Sunlight and Protection Against Influenza
   Economics & Human Biology, 2021, 40, (C)
   See also Working Paper (2020)

2020

3. Owning, Using, and Renting: Some Simple Economics of the “Sharing Economy”
   Management Science, 2020, 66, (9), 4152-4172 View citations (4)
   See also Working Paper (2016)
4. Three prongs for prudent climate policy
   Southern Economic Journal, 2020, 87, (1), 3-29
   See also Working Paper (2020)

2019

5. Thunder Versus Lightning: A Performance and Cost Analysis of the A-10 “Warthog†Versus the F-35 Joint Strike Fighter
   Journal of Benefit-Cost Analysis, 2019, 10, (3), 434-468 View citations (1)

2018

6. Collective action in an asymmetric world
   Journal of Public Economics, 2018, 158, (C), 103-112 View citations (9)
   See also Working Paper (2016)
7. Company stock price reactions to the 2016 election shock: Trump, taxes, and trade
   Journal of Financial Economics, 2018, 130, (2), 428-451 View citations (61)
   See also Working Paper (2017)
8. Confronting an enemy with unknown preferences: Deterrer or provocateur?
   European Journal of Political Economy, 2018, 54, (C), 124-143 View citations (3)
   See also Working Paper (2018)
9. Enrolee outcomes after health insurance plan terminations: a diagnosis of default effects
   Behavioural Public Policy, 2018, 2, (1), 56-77
10. Unequal Rewards to Firms: Stock Market Responses to the Trump Election and the 2017 Corporate Tax Reform
    AEA Papers and Proceedings, 2018, 108, 590-96 View citations (14)

2017

11. Attacking the unknown weapons of a potential bomb builder: The impact of intelligence on the strategic interaction
    Games and Economic Behavior, 2017, 104, (C), 177-189 View citations (6)
12. Behavioral Consequences of Probabilistic Precision: Experimental Evidence from National Security Professionals
    International Organization, 2017, 71, (4), 803-826
13. If Many Seek, Ye Shall Find: Search Externalities and New Goods
    American Economic Journal: Microeconomics, 2017, 9, (4), 42-73 View citations (1)
14. Recollection Bias and Its Underpinnings: Lessons from Terrorism Risk Assessments
    Risk Analysis, 2017, 37, (5), 969-981 View citations (1)
    See also Working Paper (2016)
15. Second Trimester Sunlight and Asthma: Evidence from Two Independent Studies
    American Journal of Health Economics, 2017, 3, (2), 227-253 View citations (11)
    Also in American Journal of Health Economics, 2017, 3, (2), 227-253 (2017) View citations (10)
    See also Working Paper (2014)
16. Stock splits to profit insider trading: Lessons from an emerging market
    Journal of International Money and Finance, 2017, 74, (C), 69-87 View citations (4)

2016

17. Attention to Distribution in U.S. Regulatory Analyses
    Review of Environmental Economics and Policy, 2016, 10, (2), 308-328 View citations (8)
18. The "CAPS" Prediction System and Stock Market Returns
    Review of Finance, 2016, 20, (4), 1363-1381 View citations (11)
    See also Working Paper (2011)

2015

19. Grappling with Ignorance: Frameworks from Decision Theory, Lessons from Literature
    Journal of Benefit-Cost Analysis, 2015, 6, (1), 33-65 View citations (4)
20. Regulating Ambiguous Risks: The Less than Rational Regulation of Pharmaceuticals
    The Journal of Legal Studies, 2015, 44, (S2), S387 - S422 View citations (9)
    See also Working Paper (2014)
21. The Relative Weights of Direct and Indirect Experiences in the Formation of Environmental Risk Beliefs
    Risk Analysis, 2015, 35, (2), 318-331 View citations (8)

2014

22. Rules and Standards When Compliance Costs Are Private Information
    The Journal of Legal Studies, 2014, 43, (S2), S297 - S329 View citations (1)
23. Variable temptations and black mark reputations
    Games and Economic Behavior, 2014, 87, (C), 70-90
    See also Working Paper (2012)

2013

24. Jobs and kids: female employment and fertility in China
    IZA Journal of Labor & Development, 2013, 2, (1), 1-25 View citations (11)
    See also Working Paper (2013)
25. Shunning uncertainty: The neglect of learning opportunities
    Games and Economic Behavior, 2013, 79, (C), 44-55 View citations (16)
    See also Working Paper (2011)
26. Solomonic separation: Risk decisions as productivity indicators
    Journal of Risk and Uncertainty, 2013, 46, (3), 265-297 View citations (2)
    See also Working Paper (2012)

2012

27. Climate policy: hard problem, soft thinking
    Climatic Change, 2012, 110, (3), 507-521 View citations (4)
28. Rank as an inherent incentive: Evidence from a field experiment
    Journal of Public Economics, 2012, 96, (9-10), 645-650 View citations (156)
29. The disgust-promotes-disposal effect
    Journal of Risk and Uncertainty, 2012, 44, (2), 101-113 View citations (2)
    See also Working Paper (2012)

2011

30. Demanding Customers: Consumerist Patients and Quality of Care
    The B.E. Journal of Economic Analysis & Policy, 2011, 11, (1), 1-51 View citations (2)
    See also Working Paper (2008)
31. Dopamine and risk choices in different domains: Findings among serious tournament bridge players
    Journal of Risk and Uncertainty, 2011, 43, (1), 19-38 View citations (12)
    See also Working Paper (2010)
32. Overreaction to Fearsome Risks
    Environmental & Resource Economics, 2011, 48, (3), 435-449 View citations (40)
    See also Working Paper (2008)
33. The Challenge of Degraded Environments: How Common Biases Impair Effective Policy
    Risk Analysis, 2011, 31, (9), 1423-1433 View citations (3)
34. The methodology of normative policy analysis
    Journal of Policy Analysis and Management, 2011, 30, (3), 613-643 View citations (4)
    See also Working Paper (2011)
35. The online laboratory: conducting experiments in a real labor market
    Experimental Economics, 2011, 14, (3), 399-425 View citations (416)
    See also Working Paper (2010)

2010

36. Selection stories: Understanding movement across health plans
    Journal of Health Economics, 2010, 29, (6), 821-838 View citations (14)
    See also Working Paper (2009)
37. Trust and the Reference Points for Trustworthiness in Gulf and Western Countries
    The Quarterly Journal of Economics, 2010, 125, (2), 811-828 View citations (59)
    See also Working Paper (2010)

2009

38. Generic script share and the price of brand-name drugs: the role of consumer choice
    International Journal of Health Economics and Management, 2009, 9, (3), 291-316 View citations (12)
    See also Working Paper (2012)

2008

39. Betrayal Aversion: Evidence from Brazil, China, Oman, Switzerland, Turkey, and the United States
    American Economic Review, 2008, 98, (1), 294-310 View citations (267)
    See also Working Paper (2007)
40. Discounting dilemmas: Editors’ introduction
    Journal of Risk and Uncertainty, 2008, 37, (2), 95-106 View citations (8)
41. Perfect and total altruism across the generations
    Journal of Risk and Uncertainty, 2008, 37, (2), 187-197 View citations (5)
42. Policymaking for posterity
    Journal of Risk and Uncertainty, 2008, 37, (2), 115-140 View citations (25)
    See also Working Paper (2008)
43. Resource allocation when projects have ranges of increasing returns
    Journal of Risk and Uncertainty, 2008, 37, (1), 1-33
    Also in Journal of Risk and Uncertainty, 2008, 37, (1), 93-93 (2008)
    See also Working Paper (2008)

2007

44. Conspicuous conservatism in risk choice
    Journal of Risk and Uncertainty, 2007, 35, (1), 1-16 View citations (1)
    See also Working Paper (2007)
45. Custom-made versus ready-to-wear treatments: Behavioral propensities in physicians' choices
    Journal of Health Economics, 2007, 26, (6), 1101-1127 View citations (29)
    See also Working Paper (2007)
46. Managing the quality of a resource with stock and flow controls
    Journal of Public Economics, 2007, 91, (3-4), 541-569 View citations (9)
47. Mechanism design with multidimensional, continuous types and interdependent valuations
    Journal of Economic Theory, 2007, 136, (1), 476-496 View citations (14)
    See also Working Paper (2006)
48. Pushing incomes to reference points: Why do male doctors earn more?
    Journal of Economic Behavior & Organization, 2007, 63, (3), 514-536 View citations (36)
49. Regulation by generalization
    Regulation & Governance, 2007, 1, (1), 68-87
    See also Working Paper (2005)

2006

50. Investing in the Unknown and Unknowable
    Capitalism and Society, 2006, 1, (2), 1-41 View citations (19)
    See also Working Paper (2007)
51. National survey evidence on disasters and relief: Risk beliefs, self-interest, and compassion
    Journal of Risk and Uncertainty, 2006, 33, (1), 13-36 View citations (52)
    See also Working Paper (2006)
52. Possibly‐Final Offers
    Journal of Economics & Management Strategy, 2006, 15, (3), 789-819 View citations (1)
53. Private investment and government protection
    Journal of Risk and Uncertainty, 2006, 33, (1), 73-100 View citations (38)
    See also Working Paper (2006)
54. Provider choice of quality and surplus
    International Journal of Health Economics and Management, 2006, 6, (2), 103-117 View citations (3)
    See also Working Paper (2003)
55. Screening budgets
    Journal of Economic Behavior & Organization, 2006, 61, (3), 351-374 View citations (1)
56. The value of reputation on eBay: A controlled experiment
    Experimental Economics, 2006, 9, (2), 79-101 View citations (231)
    See also Working Paper (2003)

2005

57. Aggregation of Heterogeneous Time Preferences
    Journal of Political Economy, 2005, 113, (4), 878-896 View citations (150)
58. Eliciting Informative Feedback: The Peer-Prediction Method
    Management Science, 2005, 51, (9), 1359-1373 View citations (35)
59. Irving Fisher, Victor Fuchs, and the Health‐Government Tangle
    American Journal of Economics and Sociology, 2005, 64, (1), 435-443
60. Recollection Bias and the Combat of Terrorism
    The Journal of Legal Studies, 2005, 34, (1), 27-55 View citations (15)

2004

61. Social Comparisons in Ultimatum Bargaining
    Scandinavian Journal of Economics, 2004, 106, (3), 495-510 View citations (74)
    See also Working Paper (2004)
62. The Denominator Blindness Effect: Accident Frequencies and the Misjudgment of Recklessness
    American Law and Economics Review, 2004, 6, (1), 72-94 View citations (2)
63. The Ecology of Risk Taking
    Journal of Risk and Uncertainty, 2004, 28, (3), 195-215 View citations (4)
64. Trust, risk and betrayal
    Journal of Economic Behavior & Organization, 2004, 55, (4), 467-484 View citations (334)
    See also Working Paper (2003)

2003

65. Enrollee mix, treatment intensity, and cost in competing indemnity and HMO plans
    Journal of Health Economics, 2003, 22, (1), 23-45 View citations (19)
    See also Working Paper (2003)
66. Estimating the Returns to Insider Trading: A Performance-Evaluation Perspective
    The Review of Economics and Statistics, 2003, 85, (2), 453-471 View citations (159)
67. Reference Incomes, Loss Aversion, and Physician Behavior
    The Review of Economics and Statistics, 2003, 85, (4), 909-922 View citations (49)
68. Sacrificing Civil Liberties to Reduce Terrorism Risks
    Journal of Risk and Uncertainty, 2003, 26, (2-3), 99-120 View citations (42)
    See also Working Paper (2003)
69. The Ecology of Terror Defense
    Journal of Risk and Uncertainty, 2003, 26, (2-3), 201-29 View citations (45)

2002

70. Horizon Length and Portfolio Risk
    Journal of Risk and Uncertainty, 2002, 24, (3), 195-212 View citations (38)
    See also Working Paper (1997)
71. Political competition and debt trajectories in Japan and the OECD
    Japan and the World Economy, 2002, 14, (2), 121-135 View citations (26)

2000

72. Action Bias and Environmental Decisions
    Journal of Risk and Uncertainty, 2000, 21, (1), 45-72 View citations (37)

1999

73. Earnings Management to Exceed Thresholds
    The Journal of Business, 1999, 72, (1), 1-33 View citations (551)
    See also Working Paper (1998)
74. Restraining the Leviathan: property tax limitation in Massachusetts
    Journal of Public Economics, 1999, 71, (3), 313-334 View citations (32)
    See also Working Paper (1997)
75. The Market for Evaluations
    American Economic Review, 1999, 89, (3), 564-584 View citations (64)
76. The menu-setting problem and subsidized prices: drug formulary illustration
    Journal of Health Economics, 1999, 18, (5), 523-550 View citations (5)

1998

77. Adverse Selection and Adverse Retention
    American Economic Review, 1998, 88, (2), 122-26 View citations (43)
78. Adverse Selection in Health Insurance
    Forum for Health Economics & Policy, 1998, 1, (1), 1-33 View citations (59)
    See also Chapter (1998)
    Working Paper (1997)
79. Amos Tversky and the Ascent of Behavioral Economics
    Journal of Risk and Uncertainty, 1998, 16, (1), 7-47 View citations (29)
80. Demography, economic performance, and financial markets
    Japan and the World Economy, 1998, 10, (3), 381-385
81. Price versus Quantity: Market-Clearing Mechanisms When Consumers Are Uncertain about Quality
    Journal of Risk and Uncertainty, 1998, 17, (3), 215-42 View citations (8)
82. Restoring Natural Resources with Destination-Driven Costs
    Journal of Environmental Economics and Management, 1998, 36, (3), 225-242 View citations (7)
83. Two crises and two Chinas
    Japan and the World Economy, 1998, 10, (3), 359-369 View citations (2)

1997

84. Investment Flexibility and the Acceptance of Risk
    Journal of Economic Theory, 1997, 76, (2), 219-241 View citations (10)
    See also Working Paper (1996)
85. The J-Shape Of Performance Persistence Given Survivorship Bias
    The Review of Economics and Statistics, 1997, 79, (2), 161-166 View citations (29)

1996

86. 19th Annual Lecture of the Geneva Association Insurance and Catastrophes&ast
    The Geneva Papers on Risk and Insurance - Issues and Practice, 1996, 21, (1), 3-21
87. Budgets as Dynamic Gatekeepers
    Management Science, 1996, 42, (5), 642-658 View citations (7)
    See also Working Paper (1993)
88. On the Degree of Confidence for Adverse Decisions
    The Journal of Legal Studies, 1996, 25, (1), 27-52 View citations (5)
89. Selling Procedures with Private Information and Common Values
    Management Science, 1996, 42, (2), 220-231 View citations (2)
90. The Economics of Catastrophes
    Journal of Risk and Uncertainty, 1996, 12, (2-3), 113-40 View citations (33)
91. Willingness to Pay and the Distribution of Risk and Wealth
    Journal of Political Economy, 1996, 104, (4), 747-63 View citations (129)

1995

92. Equilibrium with agglomeration economies
    Regional Science and Urban Economics, 1995, 25, (3), 249-260 View citations (1)
93. Insurance and catastrophes
    The Geneva Risk and Insurance Review, 1995, 20, (2), 157-175 View citations (12)
94. Risks to Selves, Risks to Others
    American Economic Review, 1995, 85, (2), 61-66 View citations (8)

1994

95. Pecuniary redistribution through in-kind programs
    Journal of Public Economics, 1994, 55, (1), 19-40 View citations (23)
96. Public Finance Principles and National Health Care Reform
    Journal of Economic Perspectives, 1994, 8, (3), 55-60 View citations (1)
97. The Fatality and Injury Costs of Expenditures
    Journal of Risk and Uncertainty, 1994, 8, (1), 19-41 View citations (6)

1993

98. Delayed Compensation for Lost Income
    Journal of Risk and Uncertainty, 1993, 7, (3), 301-10 View citations (1)
99. Demographic Characteristics and the Public Bundle
    Public Finance = Finances publiques, 1993, 48, (Supplement), 178-98 View citations (49)
    See also Working Paper (1993)
100. Hot Hands in Mutual Funds: Short-Run Persistence of Relative Performance, 1974-1988
     Journal of Finance, 1993, 48, (1), 93-130 View citations (265)
101. The Effect of 1980s Tort Reform Legislation on General Liability and Medical Malpractice Insurance
     Journal of Risk and Uncertainty, 1993, 6, (2), 165-86 View citations (15)
102. The Reverse LBO Decision and Firm Performance: Theory and Evidence
     Journal of Finance, 1993, 48, (4), 1323-48 View citations (74)

1992

103. Advertising and the Price, Quantity, and Quality of Primary Care Physician Services
     Journal of Human Resources, 1992, 27, (3), 381-421 View citations (14)
     See also Working Paper (1989)
104. Multidimensional Bargains and the Desirability of Ex Post Inefficiency
     Journal of Risk and Uncertainty, 1992, 5, (3), 205-16 View citations (1)

1991

105. Mispriced Equity: Regulated Rates for Auto Insurance in Massachusetts
     American Economic Review, 1991, 81, (2), 65-69 View citations (15)
106. Paying to Improve Your Chances: Gambling or Insurance?
     Journal of Risk and Uncertainty, 1991, 4, (4), 329-38 View citations (25)
107. The Rationality Struggle: Illustrations from Financial Markets
     American Economic Review, 1991, 81, (2), 232-36 View citations (48)

1990

108. Advertising and Entry: The Case of Physician Services
     Journal of Political Economy, 1990, 98, (3), 476-500 View citations (10)
109. Clearly Heard on the Street: The Effect of Takeover Rumors on Stock Prices
     The Journal of Business, 1990, 63, (3), 291-308 View citations (38)
110. Efficiency Despite Mutually Payoff-Relevant Private Information: The Finite Case
     Econometrica, 1990, 58, (4), 873-900 View citations (41)
111. Shared Price Trends: Evidence from U.S. Cities and OECD Countries
     Journal of Business & Economic Statistics, 1990, 8, (2), 179-89 View citations (1)
112. The Fair and Efficient Division of the Winsor Family Silver
     Management Science, 1990, 36, (11), 1293-1301 View citations (17)

1989

113. Assessing Dynamic Efficiency: Theory and Evidence
     Review of Economic Studies, 1989, 56, (1), 1-19 View citations (432)
     See also Working Paper (1986)
114. Reflections of Thomas Schelling
     Journal of Economic Perspectives, 1989, 3, (2), 153-64 View citations (3)
115. The Impact of Risk Sharing on Efficient Decision
     Journal of Risk and Uncertainty, 1989, 2, (3), 219-34 View citations (10)

1988

116. Status Quo Bias in Decision Making
     Journal of Risk and Uncertainty, 1988, 1, (1), 7-59 View citations (1211)

1987

117. Proper Risk Aversion
     Econometrica, 1987, 55, (1), 143-54 View citations (212)
118. The dilemma of government responsiveness
     Journal of Policy Analysis and Management, 1987, 7, (4), 601-620 View citations (3)
119. Valuing Health--A "Priceless' Commodity
     American Economic Review, 1987, 77, (2), 263-68 View citations (12)

1986

120. Behavioral versus Rational Economics: What You See Is What You Conquer: Comments
     The Journal of Business, 1986, 59, (4), S435-49 View citations (11)

1985

121. Financial Risk and the Burden of Contracts
     American Economic Review, 1985, 75, (2), 375-80

1984

122. Economic Contests: Comparative Reward Schemes
     Journal of Labor Economics, 1984, 2, (1), 27-56 View citations (210)
123. Survival versus Consumption
     Management Science, 1984, 30, (4), 423-439 View citations (119)

1983

124. Optimal Selling Strategies: When to Haggle, When to Hold Firm
     The Quarterly Journal of Economics, 1983, 98, (2), 267-289 View citations (214)

1982

125. Inferences from alarming events
     Journal of Policy Analysis and Management, 1982, 1, (3), 371-385 View citations (2)
126. Pecuniary Externalities Do Matter When Contingent Claims Markets are Incomplete
     The Quarterly Journal of Economics, 1982, 97, (1), 171-179 View citations (18)
127. Targeting Transfers through Restrictions on Recipients
     American Economic Review, 1982, 72, (2), 372-77 View citations (198)

1981

128. Preferred policies when there is a concern for probability of adoption
     Journal of Environmental Economics and Management, 1981, 8, (3), 215-237 View citations (4)

1979

129. Price Differences in almost Competitive Markets
     The Quarterly Journal of Economics, 1979, 93, (2), 189-211 View citations (141)
130. The Efficient Allocation of Individuals to Positions
     Journal of Political Economy, 1979, 87, (2), 293-314 View citations (201)
131. The Impossibility of Bayesian Group Decision Making with Separate Aggregation of Beliefs and Values
     Econometrica, 1979, 47, (6), 1321-36 View citations (71)

1978

132. Paying the expected externality for a price quote achieves bargaining efficiency
     Economics Letters, 1978, 1, (4), 311-313 View citations (1)
133. The Optimal Consumption of Depletable Natural Resources: An Elaboration, Correction, and Extension
     The Quarterly Journal of Economics, 1978, 92, (2), 337-344 View citations (1)

1977

134. Stockpiling Strategies and Cartel Prices
     Bell Journal of Economics, 1977, 8, (1), 66-96 View citations (21)
135. Taxes in fantasy, or most any tax on labor can turn out to help the laborers
     Journal of Public Economics, 1977, 8, (2), 133-150 View citations (5)

1976

136. Environmental policy choice under uncertainty
     Journal of Environmental Economics and Management, 1976, 3, (2), 97-112 View citations (1)

1975

137. The Optimal Consumption of Depletable Natural Resources
     The Quarterly Journal of Economics, 1975, 89, (3), 371-392 View citations (27)

1974

138. The Topology of Pareto-Optimal Regions with Public Goods
     Econometrica, 1974, 42, (4), 643-66 View citations (1)
139. The physician assistant is a title applied to individuals who assume at least a portion of physicians' traditional duties. This paper develops a production function methodology to estimate the potential contribution of physician assistants in the delivery of medical care. This methodology is applied to a paradigm delivery mode, an urban health center. Following upon a discussion of the possibilities for delegation and the efficient assignment of medical tasks to physician assistants, a numerical production function is estimated for physicians and physician assistants working together. When taking on his most productive assignments, it is found, a physician assistant can replace half of a full-time physician
     Journal of Human Resources, 1974, 9, (1), 95-116
140. Use Patterns for Depletable and Recycleable Resources
     Review of Economic Studies, 1974, 41, (5), 67-88 View citations (17)

1973

141. Critical ratios and efficient allocation
     Journal of Public Economics, 1973, 2, (2), 147-157 View citations (67)
142. Time as the Ultimate Source of Utility
     The Quarterly Journal of Economics, 1973, 87, (4), 668-675 View citations (15)
143. Voting Systems, Honest Preferences and Pareto Optimality*
     American Political Science Review, 1973, 67, (3), 934-946 View citations (12)

1972

144. The Effect of the Timing of Consumption Decisions and the Resolution of Lotteries on the Choice of Lotteries
     Econometrica, 1972, 40, (2), 401-03 View citations (48)
145. The optimal control of pollution
     Journal of Economic Theory, 1972, 4, (1), 19-34 View citations (102)

1971

146. Insurance, Information, and Individual Action
     American Economic Review, 1971, 61, (2), 380-87 View citations (107)
147. Optimal Mechanisms for Income Transfer
     American Economic Review, 1971, 61, (3), 324-34 View citations (37)

1970

148. Another Type of Risk Aversion
     Econometrica, 1970, 38, (5), 661-65 View citations (20)
149. Linear Regression with Non-Normal Error Terms
     The Review of Economics and Statistics, 1970, 52, (3), 280-86 View citations (18)
150. Medical insurance: A case study of the tradeoff between risk spreading and appropriate incentives
     Journal of Economic Theory, 1970, 2, (1), 10-26 View citations (220)
151. The Efficient Production of External Economies
     American Economic Review, 1970, 60, (3), 512-17 View citations (18)

1969

152. Majority Rule with Lotteries on Alternatives
     The Quarterly Journal of Economics, 1969, 83, (4), 696-703 View citations (35)
153. Resource Allocation with Probabilistic Individual Preferences
     American Economic Review, 1969, 59, (2), 546-52 View citations (4)

1968

154. Optimality in a World of Progress and Learning
     Review of Economic Studies, 1968, 35, (3), 363-365 View citations (20)

Books

2021

1. The Dragon, the Eagle, and the Private Sector
   Cambridge Books, Cambridge University Press
   Also in Cambridge Books, Cambridge University Press (2021)

2012

2. Collaborative Governance: Private Roles for Public Goals in Turbulent Times
   Economics Books, Princeton University Press View citations (3)

Edited books

1991

1. Strategy and Choice, vol 1
   MIT Press Books, The MIT Press View citations (82)

Chapters

2012

1. Private Roles for Public Goals
   A chapter in Collaborative Governance: Private Roles for Public Goals in Turbulent Times, 2012 View citations (3)

2010

2. The Trouble with Cases
   A chapter in Regulation vs. Litigation: Perspectives from Economics and Law, 2010, pp 45-70 View citations (1)
   See also Working Paper (2009)

2003

3. A Renaissance Instrument to Support Nonprofits. The Sale of Private Chapels in Florentine Churches
   A chapter in The Governance of Not-for-Profit Organizations, 2003, pp 143-180
   See also Working Paper (2002)

2001

4. Can Market and Voting Institutions Generate Optimal Intergenerational Risk Sharing?
   A chapter in Risk Aspects of Investment-Based Social Security Reform, 2001, pp 113-152 View citations (25)
   See also Working Paper (1999)

2000

5. The anatomy of health insurance
   Chapter 11 in Handbook of Health Economics, 2000, vol. 1, pp 563-643 View citations (274)
   See also Working Paper (1999)

1999

6. Reinsurance for Catastrophes and Cataclysms
   A chapter in The Financing of Catastrophe Risk, 1999, pp 233-274 View citations (15)
   See also Working Paper (1997)

1998

7. Adverse Selection in Health Insurance
   A chapter in Frontiers in Health Policy Research, Volume 1, 1998, pp 1-32 View citations (56)
   See also Journal Article in Forum for Health Economics & Policy (1998)
   Working Paper (1997)
8. Organizational Form and Insurance Company Performance: Stocks versus Mutuals
   A chapter in The Economics of Property-Casualty Insurance, 1998, pp 167-192 View citations (4)
   See also Working Paper (1995)

1990

9. Are Large Shareholders Effective Monitors? An Investigation of Share Ownership and Corporate Performance
   A chapter in Asymmetric Information, Corporate Finance, and Investment, 1990, pp 149-180 View citations (108)

1987

10. Amnesty, Enforcement, and Tax Policy
    A chapter in Tax Policy and the Economy, Volume 1, 1987, pp 55-86 View citations (20)
    See also Working Paper (1986)
11. Incentive-based Decentralization: Expected-Externality Payments Induce Efficient Behaviour in Groups
    Palgrave Macmillan

1985

12. Pensions and the Retirement Decision
    A chapter in Pensions, Labor, and Individual Choice, 1985, pp 283-316 View citations (10)
    See also Working Paper (1984)

1982

13. The Choice of Health Policies with Heterogeneous Populations
    A chapter in Economic Aspects of Health, 1982, pp 253-298 View citations (3)
    See also Working Paper (1980)

1981

14. Distributional Objectives Should Affect Taxes But Not Program Choice or Design
    Palgrave Macmillan

1967

15. Collective Goods, Comparative Advantage, and Alliance Efficiency
    A chapter in Issues in Defense Economics, 1967, pp 25-63 View citations (8)