Working Papers

From The University of Chicago Booth School of Business, George J. Stigler Center for the Study of the Economy and the State
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105: The Bias Towards Zero in Aggregate Perceptions: An Explanation Based on Rationally Calculating Individuals

Gertrud M. Fremling and John R. Lott

104: Individual Compensation and Firm Performance: The Economics of Team Incentives

Kenneth J. McLaughlin

103: The Role of Firewalls in Universal Banks: Evidence from Commercial Bank Securities Activities before the Glass-Steagall Act

Randall S. Kroszner and Raghuram Rajan

102: Much Ado About Nothing? Capital Market Reactions to Changes in Antitrust Precedent Concerning Exclusive Territories

Sherry A. Glied and Randall S. Kroszner

101: Catalogue of the George Joseph Stigler Manuscripts in Special Collections, Regenstein Library, University of Chicago

Claire Friedland

100: Managerial Compensation, Control, and Investment

Sherwin Rosen

99: On the Great Depression

Lester G. Telser

98: On the Endogenous Determination of Time Preference

Gary Becker and Casey B. Mulligan

97: How Reelection Constituencies Matter

Thomas Stratmann

96: Economic Impact of International Migration and the Economic Performance of Migrants

Robert LaLonde and Robert H. Topel

95: The Effect of Catholic Secondary Schooling on Educational Attainment

Derek A. Neal

94: The New Economics of Teachers and Education

Frederick Flyer and Sherwin Rosen

93: Measuring the Benefits of Homeowning: Effects on Children

Richard K. Green and Michelle J. White

92: Trade Politics and the Semi-conductor Industry

Douglas A. Irwin

91: The Social Costs of Regulation and Lack of Competition in Sweden

Stefan Fölster and Sam Peltzman

90: Corporate Bankruptcy as a Filtering Device: Chapter 11 Reorganizations and Out-of-Court Debt Restructuring

Michelle J. White

89: Government and the Stock Market: The Effects of Antitrust

George Bittlingmayer

88: The Design of Schools as Output-Driven Organizations

James S. Coleman

87: The Output and Stock Price Effects of Loose Antitrust: Experience under the NRA

George Bittlingmayer

86: The 1920's Boom and the Great Crash

George Bittlingmayer

85: Voucher Privatization

Maxim Boycko, Andrei Shleifer and Robert W. Vishny

84: Contrarian Investment, Extrapolation, and Risk

Josef Lakonishok, Andrei Shleifer and Robert W. Vishny

83: The Market for Engineers

Jaewoo Ryoo and Sherwin Rosen

82: Why Has the Pricing of New Cars Changed?

B. Peter Pashigian and Brian Bowen

81: Inter-industry Mobility and the Cyclical Upgrading of Labor

Mark Bils and Kenneth J. McLaughlin

80: Litigation under the English and American Rules: Theory and Evidence

James W. Hughes and Edward Snyder

79: The Division of Labor, Coordination Costs, and Knowledge

Gary Becker and Kevin M. Murphy

78: The Political Economy of the Decline of American Public Education

Sam Peltzman

77: Rigid wages?

Kenneth J. McLaughlin

76: Damage Schedules and Their Potential in Mitigating Adverse Selection in the Products Liability System

Gregg Niehaus and Edward Snyder

75: Strategic Trade Policy and Welfare: The Empirical Consequences of Foreign Ownership

Andrew R. Dick

74: Japanese Antitrust Law and the Competitive Mix

Andrew R. Dick

73: Analytic Review of Educational Choice Literature and Annotated Bibliography

Peter Frumkin

72: The Market for Lawyers

Sherwin Rosen

71: Habits, Addictions, and Traditions

Gary Becker

70: The Rising Cost of Time of Females, the Growth of National Brands and the Supply of Retail Services

B. Peter Pashigian and Brian Bowen

69: Estimates of Supply Conditions for Eight Commodities

Lester G. Telser

68: Rational Addiction and the Effect of Price on Consumption

Gary Becker, Michael Grossman and Kevin M. Murphy

67: A Note on Restaurant Pricing and Other Examples of Social Influences on Price

Gary Becker

66: Quality and Trade

Kevin M. Murphy and Andrei Shleifer

65: The Allocation of Talent: Implications for Growth

Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny

64: Congressional Control or Judicial Independence: The Determinants of U.S. Supreme Court Labor Relations Decisions, 1949-1988

Pablo Spiller and Rafael Gely

63: Fundamental Stocks of Knowledge and the Growth of Inputs

James D. Adams and Leo Sveikauskas

62: Interest-Group Politics under Majority Rule

William Dougan and James Snyder

61: An Empirical Analysis of Cigarette Addiction

Gary Becker, Michael Grossman and Kevin M. Murphy

60: Mandated Employment-Based Health Insurance: Incidence and Efficiency Effects

Patricia Danzon

59: The Effects of Malpractice Litigation on Physicians' Fees and Incomes

Patricia Danzon, Mark V. Pauly and Raynard S. Kington

58: A Simple Theory of Advertising as a Good

Gary Becker and Kevin M. Murphy

57: Can Price Uncertainty Explain Why and WhenProducts Are Sold on Sale?

B. Peter Pashigian

56: The Future of Higher Education: An Economic Perspective

George Stigler