Bibliography
Richard J. Zeckhauser
Books and Edited Books
Benefit Cost and Policy Analysis Annual 1974, principal editor,
Chicago: Aldine Publishing Company. 1974 Introduction written with Albert
Nichols. Co-editor of 1971, 1972, 1973 volumes.
A Primer for Policy Analysis, with Edith Stokey,
Demographic Dimensions of the New Republic: American Interregional
Migration, Vital Statistics, and Manumissions, 1800-1860, with Peter D.
McClelland,
What Role for Government?: Lessons from Policy Research, editor,
with Derek Leebaert,
Principals and Agents: The Structure of Business, editor, with
John W. Pratt,
American Society: Public and Private Responsibilities, editor,
with Winthrop Knowlton, Cambridge, MA: Ballinger Publishing Company, 1986.
Privatization and State-Owned Enterprises: Lessons from the United
States, Great Britain, and Canada, editor, with Paul W. MacAvoy, William T.
Stanbury, and George Yarrow, Boston: Kluwer Academic Publishers, 1989.
Strategy and Choice, editor,
Wise Choices: Decisions, Games, and Negotiations, editor with
Ralph L. Keeney and James K. Sebenius,
The Early Admissions Game: Joining the Elite, with Christopher
Avery and Andrew Fairbanks,
Targeting in Social Programs: Avoiding Bad Bets, Removing Bad Apples,
with Peter H. Schuck,
The Patron's Payoff: Conspicuous Commissions in Italian Renaissance
Art, with Jonathan K. Nelson,
Articles
1. "An Economic Theory
of Alliances," with Mancur Olson, Jr., Review of Economics and
Statistics 48(3), August 1966, 266-279. Also reprinted in Alliances:
Latent War Communities in the Contemporary World, Francis Beer (ed.), New
York: Holt, Rinehart and Winston, 1970; in Economic Theories of
International Politics, Bruce M. Russett (ed.), Chicago: Markham, 1968; in The
Economic Approach to Politics: An Introductory Reader, Bruno S. Frey (ed.),
Tubingen, Germany: J.C.B. Mohr; in The Economics of Defence, Keith
Hartley and Todd Sandler (eds.), Cheltenham, U.K.: Edward Elgar Publishing,
forthcoming.
2. "Collective Goods,
Comparative Advantage, and
3. "Some Thoughts on
The Allocation of Resources to Bio-Medical Research,"
4. "Optimality in a
World of Progress and Learning," Review of Economic Studies 35(3), July
1968, 363-65.
5. "Public Policy and
Normative Economic Theory," with Elmer Schaefer, in The Study of Policy
Formation, Raymond Bauer (ed.),
27-101.
6. "Resource Allocation
with Probabilistic Individual Preferences," American Economic Review
59(2), May 1969, 546-52.
7. "Uncertainty and the
Need for Collective Action," in The Analysis and Evaluation of Public
Expenditures: The PPB System, Joint Economic
8. "Majority Rule with
Lotteries on Alternatives," Quarterly Journal of Economics 83,
November 1969, 696-703.
9. "An Approach to the Analysis of Societal
Decision," in La Decision: Agregation et dynamique des ordres de
preference, Paris: Centre National de la Recherche Scientifique, 1969,
317-333.
10. "Medical Insurance: A
Case Study of the Tradeoff between Risk Spreading and Appropriate
Incentives," Journal of Economic Theory 2(1), March 1970, 10-26.
11. "An Alternative to
the Nixon Income Maintenance Plan," with Peter Schuck, The Public
Interest, no. 19, Spring 1970, 120-30. Also reprinted in R. Eckaus, Readings
in Basic Economics, Boston: Little, Brown & Co., 1971.
12. "The Efficient
Production of External Economies," with Mancur Olson, Jr., American
Economic Review 60 (3), June 1970, 512-17.
13. "Linear Regression
with Non-Normal Error Terms," with Mark Thompson, Review of Economics
and Statistics 52(3), August 1970, 280-86.
14. "Another Type of Risk
Aversion," with Emmett Keeler, Econometrica 38(5), September 1970,
661-65.
15. "Education Vouchers:
A Review," with Leonard Ross, Yale Law Journal 80(2), December
1970, 451-61.
16. "Combining Overlapping Information," Journal of the American Statistical Association 66(333), March 1971, 91-92.
17. "Optimal Mechanisms
for Income Transfer," American Economic Review 61(3), pt. 1, June
1971, 324-34.
18. "Insurance,
Information, and Individual Action," with Michael Spence, American
Economic Review 61(2), May 1971, 380-87.
19. "A Tale of Probable
Regions: A Statistical Fable," Journal of Political Economy,
March/April 1971, 376-80.
20. "The Optimal Control
of Pollution," with Emmett Keeler and Michael Spence, Journal of
Economic Theory 4(1), February 1972, 19-34. Also reprinted in Economics
of Natural and Environmental Resources,
21. "The Effect of the
Timing of Consumption Decisions and the Resolution of Lotteries on the Choice
of Lotteries," with Michael Spence, Econometrica 40(2), March 1972,
401-404; and in Surgery, John Bunker, F. Mosteller, and Benjamin Barnes
(eds.), New York: Oxford University Press, 1977, 59-69.
22. "Determining the
Qualities of a Public Good -- A Paradigm on
23. "Critical Ratios and
Efficient Allocation," with Milton Weinstein, Journal of Public
Economics 2(2), April 1973, 147-57.
24. "Coverage for Catastrophic
Illness," Public Policy 21(2), Spring 1973, 149-72. Also
reprinted in Benefit Cost and Policy Analysis Annual 1973, R. Haveman,
A. Harberger, L. Lynn,
25. "Voting
Systems, Honest Preferences, and Pareto Optimality," American
Political Science Review 67(3), September 1973, 934-46.
26. "The Risks of
Growth," Daedalus 102(4), Fall 1973, 103-18. Also reprinted in No
Growth Society, M. Olson and H.H. Landsberg (eds.), New York: W.W. Norton
Co., 1973; and Management and Control of Growth: Issues, Techniques,
Problems, Trends, Washington, D.C.: The Urban Land Institute, 1975.
27. "Time as the Ultimate
Source of Utility," Quarterly Journal of Economics 87, November
1973, 668-73.
28. "The Welfare
Implications of the Extension of Life," The Gerontologist, February
1974, 2-3, 93-95. Also reprinted in Social Problems of the Aging, Robert
C. Atchley, Sherry L. Corbett, and Mildred M. Seltzer (eds.),
29. "The Productivity
Potential of the Physician Assistant," with Michael Eliastam, Journal
of Human Resources 9(1), Winter 1974, 95-116.
30. "Treating External
Diseconomies -- Markets or Taxes?," with David Starrett, in Statistical
and Mathematical Aspects of Pollution Problems, John W. Pratt (ed.),
31. "Risk Spreading and
Distribution," in Redistribution Through Public Choice, Harold M. Hochman
and George E. Peterson (eds.),
32. "The Topology of
Pareto-Optimal Regions with Public Goods," with Milton C. Weinstein, Econometrica
42(4), July 1974, 643-66.
33. "The Regulation of
Genetic Engineering," with Stephen Breyer, in Genetic Responsibility,
Mack Lipkin, Jr. and Peter T. Rowley (eds.),
34. "Encouraging Improved
Performance in Higher Education," with Sally Zeckhauser, Daedalus,
Winter 1975, 97-107.
35. "Use Patterns for
Depletable and Recycleable Resources," with Milton C. Weinstein, Review
of Economic Studies Symposium (1974), 67-88.
36. "The Optimal
Consumption of Depletable Natural Resources," with Milton C. Weinstein, Quarterly
Journal of Economics, August 1975, 371-92.
37. "Decision Analysis
for Flight in the Stratosphere," with Gail Shearer and Pamela Memishian,
in Economic and Social Measures of Biologic and Climatic Change, CIAP
Monograph 6, Department of Transportation Climatic Impact Assessment Program,
Office of the Secretary of Transportation, Washington, D.C.: U.S. Government
Printing Office, September,1975.
38. "Procedures for
Valuing Lives," Public Policy 23(4), Fall 1975, 419-464.
39. "Where Now for Saving
Lives?," with Donald Shepard, Law and Contemporary Problems 40(4),
Autumn 1976, 5-45.
40. "Environmental Policy
Choice Under Uncertainty," with W. Kip Viscusi, Journal of
Environmental Economics and Management 3, 1976, 97-112.
41. "Stockpiling
Strategies and Cartel Prices," with Albert L. Nichols,
42. "The Role of Social
Security in Income Maintenance," with W. Kip Viscusi, in The Crisis in
Social Security: Problems and Prospects, Michael L. Boskin (ed.),
43. "Government Comes to
the Workplace: An Assessment of OSHA," with Albert L. Nichols, Public
Interest 49, Fall 1977, 39-69. Also reprinted in OSHA: History, Law and
Policy, Benjamin Mintz, Washington, D.C.: Bureau of National Affairs, Inc.,
August 1984.
44. "Taxes in Fantasy, or
Most Any Tax on Labor Can Turn Out to Help the Laborers," with an epilogue
by Thomas Schelling, Journal of Public Economics 8, 1977, 133-50.
45. "Heterogeneity Among
Patients as a Factor in Surgical Decision Making," with Donald S. Shepard,
in Costs, Risks, and Benefits of Surgery, John P. Bunker, Frederick
Mosteller, and Benjamin A. Barnes (eds.), New York: Oxford University Press,
1977, 56-69.
46. "Summary,
Conclusions, and Recommendations," with John P. Bunker, Benjamin A.
Barnes, Frederick Mosteller, John P. Gilbert, and Bucknam McPeek., in Costs,
Risks, and Benefits of Surgery, John P. Bunker, Frederick Mosteller, and
Benjamin A. Barnes (eds.), New York: Oxford University Press, 1977, 387-94.
47. "Lessons from the
Economics of Safety," with Albert L. Nichols, in The Economics of
Medical Malpractice, Simon Rottenberg (ed.), Washington, D.C.: American
Enterprise Institute, 1977, 19-33.
48. "Some Sober Thoughts
on Health Care Regulation," with Penny Hollander Feldman, in Regulating
Business, Donald P. Jacobs (ed.), San Francisco: Institute for Contemporary
Studies, 1978, 93-123. Also reprinted in Journal of the American Health Care
Association.
49. "The Optimal
Consumption of Depletable Natural Resources: An Elaboration, Correction, and
Extension," with M.L. Cropper and Milton C. Weinstein, Quarterly
Journal of Economics, May 1978, 337-44.
50. "The Occupational
Safety and Health Administration: An Overview," with Albert Nichols, in Study
on Federal Regulation, vol. 6: Framework for Regulation,
51. "The Efficient
Allocation of Individuals to Positions," with Aanund Hylland, Journal
of Political Economy 87(2), April 1979, 293-314.
52. "Price Differences in
Almost Competitive Markets," with John W. Pratt and David A. Wise, Quarterly
Journal of Economics, May 1979, 189-211.
53. "Paying the Expected
Externality for a Price Quote Achieves Bargaining Efficiency," with Kalyan
Chatterjee and John W. Pratt, Economics Letters 1, 1978, 311-13.
54. "Distributional
Objectives Should Affect Taxes But Not Program Choice or Design," with
Aanund Hylland, Scandinavian Journal of Economics 81, 1979, 264-84.
55. "The
Impossibility of Bayesian Group Decision Making with Separate Aggregation of
Beliefs and Values," with Aanund Hylland, Econometrica 47(6),
November 1979, 1321-36.
56. "Optimal Standards
with Incomplete Enforcement," with W. Kip Viscusi, Public Policy
27(4), Fall 1979, 437-56.
57. "Social and Economic
Factors in Food Safety Decision Making," Food Technology, November
1979, 47-52, 60.
58. "Concepts for
Measuring Risks and Benefits," in Principles and Processes for Making
Food Safety Decisions,
59. "Long-Term Effects of
Interventions to Improve Survival in Mixed Populations," with Donald S.
Shepard, Journal of Chronic Diseases 33, 1980, 413-33.
60. "Using the Wrong
Tool: The Pursuit of Redistribution Through Regulation,"
61. "Market Index Futures
Contracts," with Victor Niederhoffer, Financial Analysts Journal,
January/February 1980, 49-55. Also reprinted in Handbook of Financial
Markets: Securities, Options, Futures, Frank J. Fabozzi and Frank G. Zarb
(eds.), Dow Jones-Irwin; and in
Interest Rate Futures: Concepts and Issues, Gerald D. Gay and Robert
W. Kolb (eds.) Richmond, VA: Robert F. Dame, Inc., 1982.
62. "Appropriate
Functions and Rewards for State Workers,"
63. "Principles for
Saving and Valuing Lives," with Donald S. Shepard in The Benefits of
Health and Safety Regulation, Allen R. Ferguson and E. Phillip LeVeen
(eds.), Cambridge, MA: Ballinger Publishing Co., 1981. Also reprinted in Technical
Risk Assessment,
64. "'Catastrophic'
Health Insurance -- A Misguided Prescription?," with Christopher J. Zook
and Francis D. Moore, The Public Interest, Winter 1981.
65. "The Choice of Health
Policies with Heterogeneous Populations," with Donald S. Shepard, in Economic
Aspects of Health, Victor R. Fuchs (ed.),
66. "Failures to Control
Health Costs: Departures from First Principles," with Christopher Zook in A
New Approach to the Economics of Health Care, Mancur Olson (ed.),
Washington, D.C.: American Enterprise Institute, 1981.
67. "Preferred Policies
When There is a Concern for Probability of Adoption," Journal of
Environmental Economics and Management 8, June 1981, 215-37.
68. "Misuse of
Technology: A Symptom, Not the Disease," with David Blumenthal and Penny
Feldman, in Critical Issues in Medical Technology, Barbara J. McNeil and
Ernest G. Cravalho (eds.),
69. "OSHA After a Decade:
A Time for Reason," with Albert Nichols, in Case Studies in Regulation:
Revolution and Reform, Leonard W. Weiss and Michael W. Klass (eds.),
70. "Pecuniary
Externalities Do Matter When Contingent Claims Markets Are Incomplete,"
with Lee Hsien Loong, Quarterly Journal of Economics 97(1), February
1982, 171-79.
71. "Inferences from
Alarming Events," with John W. Pratt, Journal of Policy Analysis and
Management 1(3), Spring 1982, 371-85.
72. "Life-Cycle
Consumption and Willingness to Pay for Increased Survival," with Donald S.
Shepard, in The Value of Life and Safety, Michael W. Jones-Lee (ed.),
73. "Targeting Transfers
through Restrictions on Recipients," with Albert L. Nichols, American
Economic Review 72(2), May 1982, 372-77. Also reprinted in Economic
Theory and the Welfare State, Nicholas Barr (ed.),
74. "Predictions
Fulfilled: The Early Experience of Market Index Futures Contracts," with
Victor Niederhoffer, in
75. "The Performance of
Market Index Futures Contracts," with Victor Niederhoffer, Financial
Analysts Journal, January/February 1983. Also reprinted in CFA Readings
in Derivative Securities, The Institute of Chartered Financial Analysts,
1988.
76. "Public Insurance
Provision and Non-Market Failures," with Herman B. Leonard,
77. "Optimal Selling
Strategies: When to Haggle, When to Hold Firm," with John Riley, Quarterly
Journal of Economics, May 1983, 267-89.
78. "Economic Contests:
Comparative Reward Schemes," with Mary O'Keeffe and W. Kip Viscusi, Journal
of Labor Economics 2(1), January 1984, 27-56.
79. "Survival Versus
Consumption," with Donald S. Shepard, Management Science, April
1984, 423-39.
80. "The Artificial Heart
as an Economic Issue," with David Blumenthal, in After Barney Clark: Reflections
on the
81. "Pensions and the
Retirement Decision," with Barry Nalebuff, in Pensions, Labor, and
Individual Choice," David A. Wise (ed.), Chicago:
82. "Cost-Benefit
Analysis Applied to Risks: Its Philosophy and Legitimacy," with Herman B.
Leonard, in Values at Risk, Douglas MacLean (ed.),
83. "Financial Risk and
the Burden of Contracts," with Herman B. Leonard, American Economic
Review, Papers and Proceedings 75(2), May 1985, 375-80.
84. "New Technologies and
the Valuation of Life," printed in Japanese in NEXT,
85. "Principals and
Agents: An Overview," with John W. Pratt in Principals and Agents: The
Structure of Business, John W. Pratt and Richard J. Zeckhauser (eds.),
86. "Measuring Risks and
Benefits of Food Safety Decisions," Vanderbilt Law Review 38(3),
April 1985, 539-82.
87. "Persistence in the
Choice of Health Plans," with Joachim Neipp, in Advances in Health
Economics and Health Services Research, Richard M. Scheffler and Louis F.
Rossiter (eds.),
88. "Health Intervention
and Population Heterogeneity: Evidence from
89. "The Dangers of
Caution: Conservatism in Assessment and the Mismanagement of Risk," with
Albert L. Nichols, in Advances in Applied Micro-Economics, vol. 4, V.
Kerry Smith (ed.), Greenwich, CT: JAI Press, 1986, 55-82.
90. "The Muddled
Responsibilities of Public and Private America," in American Society:
Public and Private Responsibilities,
91. "Behavioral versus Rational Economics:
What You See Is What You Conquer",Journal of Business 59(4),
pt. 2, 1986, S435-49. Also reprinted in Rational Choice: The Contrast
Between Economics and Psychology, Robin M. Hogarth and Melvin W. Reder
(eds.), Chicago: The
92. "The Perils of
Prudence: How Conservative Risk Assessments Distort Regulation," with
Albert L. Nichols, Regulation, November/December 1986, 13-24. Reprinted
in revised form in
Regulatory Toxicology and Pharmacology, vol. 8, 1988.
93. " Amnesty, Enforcement, and Tax
Policy," with Herman B. Leonard, in Tax Policy and the Economy,
94. "Proper Risk
Aversion," with John W. Pratt, Econometrica 55(1), January 1987,
143-54.
95. "Cost-effectiveness
of Prenatal Screening for Neural Tube Defects," with Susan B. Meister and
Donald S. Shepard, in Prenatal Screening, Policies, and Values: The Example
of Neural Tube Defects, Elena O. Nightingale and Susan B. Meister (eds.),
Cambridge, MA: Harvard University Press, 1987, 66-93.
96. "Incentive-based
Decentralization: Expected-Externality Payments Induce Efficient Behaviour in
Groups," with John W. Pratt, in Arrow and the Ascent of Modern Economic
Theory, George R. Feiwel (ed.),
97. "Valuing Health -- A
'Priceless' Commodity," with Victor R. Fuchs, American Economic Review,
Papers and Proceedings 77(2), May 1987, 263-68.
98. "Status
Quo Bias in Decision Making," with William Samuelson, Journal of
Risk and Uncertainty 1, March 1988, 7-59.
99. "Foreword," to Health
Care in America: The Political Economy of Hospitals and Health Insurance,
H.E. Frech, III (ed.), San Francisco: Pacific Research Institute, 1988,
xvii-xxiii.
100. "The Dilemma of Government
Responsiveness," with Dani Rodrik, Journal of Policy Analysis and
Management 7(4), 1988, 601-20.
101. "The Control and
Performance of State-Owned Enterprises," with Murray Horn, in Privatization
and State-Owned Enterprises: Lessons from the United States, Great Britain, and
Canada, Paul W. MacAvoy, W.T. Stanbury, and George Yarrow (eds.), Boston:
Kluwer Academic Publishers, 1989, 7-57.
102. "Distinguished Fellow:
Reflections on Thomas Schelling," Journal of Economic Perspectives
3(2), Spring 1989, 153-64.
103. "Assessing Dynamic
Efficiency: Theory and Evidence," with Andrew B. Abel, N. Gregory Mankiw,
and Lawrence H. Summers, Review of Economic Studies 56, 1989, 1-19.
104. "The Impact of Risk
Sharing on Efficient Decision," with John W. Pratt, Journal of Risk and
Uncertainty 2, 1989, 219-34.
105. "Status Quo Bias and
Insurance Markets," with William Samuelson, John Liner Review 3(2),
Summer 1989, 38-50.
106. "Domestic and
International Mergers: Competition or Cooperation?," with Ryuzo Sato, in Beyond
Trade Friction: Japan-U.S. Economic Relations, Ryuzo Sato and Julianne
Nelson (eds.),
107. "Genetic Diagnosis:
Implications for Medical Practice," with David Blumenthal, M.D., International
Journal of Technology Assessment in Health Care 5(4), 1989, 579-600.
108. "Contingent Valuation
of Damage to Natural Resources: How Accurate? How Appropriate?," with Carl
V. Phillips, Toxics Law Reporter 4(18), October 4, 1989, 520-29.
109. "Clearly Heard on the
Street: The Effect of Takeover Rumors on Stock Prices," with John Pound, Journal
of Business 63(3), 1990, 291-308.
110. "Treasury Bill Futures
as Unbiased Predictors: New Evidence and Relation to Unexpected
Inflation," with Jay Patel, Review of Futures Markets 8(3), 1989,
352-368.
111. "Are Large
Shareholders Effective Monitors?: An Investigation of Share Ownership and
Corporate Performance," with John Pound, in Asymmetric Information,
Corporate Finance, and Investment, Glenn Hubbard (ed.),
112. "Efficiency Despite
Mutually Payoff-Relevant Private Information: The Finite Case," with Scott
Johnson and John W. Pratt, Econometrica 58(4), July 1990, 873-900.
113. "Shared Price Trends:
Evidence From
114. "Risk Within
Reason," with W. Kip Viscusi, Science 248, May 4, 1990, 559-64.
Also reprinted in The State of Humanity, Julian L. Simon (ed.),
115. "Advertising and
Entry: The Case of Physician Services," with John A. Rizzo, Journal of
Political Economy 98(3), June 1990, 476-500.
116. "State Tort Reform
Legislation: Assessing Our Control of Risks," with Glenn Blackmon, in Tort
Law and the Public Interest: Competition, Innovation, and Consumer Welfare,
Peter Schuck (ed.),
117. "The Fair and
Efficient Division of the Winsor Family Silver," with John W. Pratt, Management
Science 36(11), November 1990, 1293-1301.
118. "Nonrational Actors and
Financial Market Behavior," with Jayendu Patel and Darryll Hendricks, Theory
and Decision, vol. 31, 1991, 257-287.
119. "Mispriced Equity:
Regulated Rates for Auto Insurance in
120. "The Rationality
Struggle: Illustrations from Financial Markets," with Jayendu Patel and
Darryll Hendricks, American Economic Review, Papers and Proceedings
81(2), May 1991, 232-236.
121. "Paying to Improve
Your Chances: Gambling or Insurance," with Martin McGuire and John W.
Pratt, Journal of Risk and Uncertainty 4(4), December 1991, 329-338.
122. "Advertising and the
Price, Quantity, and Quality of Primary Care Physician Services," with
John A. Rizzo, Journal of Human Resources 27(3), Summer 1992, 381-421.
123. "Fragile Commitments
and the Regulatory Process," with Glenn Blackmon, Yale Journal on
Regulation 9(1), Winter 1992, 73-105.
124. "Multidimensional
Bargains and the Desirability of Ex Post Inefficiency," with John W.
Pratt, Journal of Risk and Uncertainty 5(3), July 1992, 205-216.
125. "Hot Hands in Mutual
Funds: Short-Run Persistence of Performance, 1974-88," with Darryll
Hendricks and Jayendu Patel, Journal of Finance 48(1), March 1993,
93-130. Also reprinted in Mutual Fund Investment Strategies, Alan Lavine
(ed.), Probus Publishing Company,1995.
126. "The Effect of 1980s
Tort Reform Legislation on General Liability and Medical Malpractice
Insurance," with W. Kip Viscusi, Patricia Born, and Glenn Blackmon, Journal
of Risk and Uncertainty 6(2), April 1993, 165-186.
127. "The Reverse LBO
Decision and Firm Performance: Theory and Evidence," with Francois
Degeorge, Journal of Finance 48(4), September 1993, 1323-1348.
128. "Delayed Compensation
for Lost Income," with John W. Pratt, Journal of Risk and Uncertainty
7(3), December 1993, 301-310.
129. "Demographic
Characteristics and the Public Bundle," with David M. Cutler and Douglas
W. Elmendorf, in On the Role of Budgetary Policy During Demographic Changes,
Barbara L. Wolfe (ed.), Proceedings of the 48th Congress of the International
Institute of Public Finance, Seoul 1992, Supplement to Public Finance,
vol. 48, 1993, 178-198.
130. "Insurance," in The
Fortune Encyclopedia of Economics, David R. Henderson (ed.),
131. "Investment Flows and
Performance: Evidence from Mutual Funds, Cross-Border Investments, and New
Issues," with Jayendu Patel and Darryll Hendricks, in
132. "The Fatality and
Injury Costs of Expenditures," with W. Kip Viscusi, Journal of Risk and
Uncertainty 8(1), January 1994, 19-41.
133. "Pecuniary
Redistribution through In-Kind Programs," with Stephen Coate and Stephen
Johnson, Journal of Public Economics 55, 1994, 19-40.
134. "Public Finance
Principles and National Health Care Reform," Journal of Economic
Perspectives 8(3), Summer 1994, 55-60.
135. "Cheap
Tolerance," with Frederick Schauer, Filozofska Istrazivanja 55(14),
1994, 835-848.
136. "Cooperation in the
Unbalanced Commons," with Edward A. Parson, in Barriers to Conflict
Resolution, Kenneth Arrow, Robert Wilson, Amos Tversky, Lee Ross, and
Robert Mnookin (eds.), New York: W.W. Norton and Company, 1995, 212-234.
137. "Equal Measures or Fair
Burdens: Negotiating Environmental Treaties in an Unequal World," with
Edward A. Parson, in Shaping National Responses to Climate Change: A
Post-Rio Guide, Henry Lee (ed.), Washington, DC: Island Press, 1995,
81-114.
138. "Equilibrium with
Agglomeration Economies," with John H. Lindsey II and John W. Pratt, Regional
Science and Urban Economics 25, 1995, 249-260.
139. "Roles for Electronic
Brokers," with Paul Resnick and Christopher Avery, in Toward a
Competitive Telecommunication Industry: Selected Papers from the 1994
Telecommunciations Policy Research Conference, Gerald W. Brock (ed.),
Mahwah, NJ: Lawrence Erlbaum Associates, Publishers, 1995, Chapter 15, 289-304.
140. "Risks to Selves,
Risks to Others," with Christopher Avery and S. Jody Heymann, American
Economic Review, Papers and Proceedings 85(2), May 1995, 61-66.
141. "Confronting Natural
Resource Damages: The Economist's Perspective," with Carl V. Phillips, in Natural
Resource Damages: A Legal, Economic, and Policy Analysis, Richard B.
Stewart (ed.), Washington, DC: National Legal Center for the Public Interest,
1995, 119-151.
142. "Insurance and
Catastrophes," 1995 Annual Geneva Lecture. Geneva Papers on Risk and
Insurance Theory 20, 1995, 157-175. Also Geneva Papers on Risk and
Insurance: Issues and Practice 78, January 1996, 3-21.
143. "Selling Procedures
with Private Information and Common Values," with John H. Lindsey II and
William Samuelson, Management Science 42(2), February 1996, 220-231.
144. "Signposting: The
Selective Revelation of Product Information," with David V.P. Marks, in Wise
Choices: Games, Decisions, and Negotiations, Richard J. Zeckhauser, Ralph
L. Keeney, and James K. Sebenius (eds.), Boston: Harvard Business School Press,
1996, 22-41.
145. "The Economics of
Catastrophes," Journal of Risk and Uncertainty 12, 1996, 113-140.
Also reprinted in The Social Treatment of Catastrophic Risk, Kenneth
Scott (ed.); and in The Economics of Natural Hazards, vol. II, Howard
Kunreuther and Adam Rose (eds.), 209-236.
146. "Thomas
Schelling," with Avinash Dixit, in American Economists of the Late
Twentieth Century, Warren J. Samuels (ed.), Brookfield, VT: Edward Elgar
Publishing, 1996, 259-273.
147. "Budgets as Dynamic
Gatekeepers," with Harold Pollack, Management Science 42(5), May 1996,
642-658.
148. "On the Degree of
Confidence for Adverse Decisions," with Frederick Schauer, Journal of
Legal Studies 25, January 1996, 27-52.
149. "The Risk Management
Dilemma," with W. Kip Viscusi, in The Annals of the American Academy of
Political and Social Science 545, "Challenges in Risk Assessment and
Risk Management," Howard Kunreuther and Paul Slovic (eds.), May 1996,
144-155. Also reprinted in Environmental Risk Planning and Management,
R. Kerry Turner, Ian Bateman, and Simon Gerrard (eds.), Cheltenham, UK: Edward
Elgar Publishing, forthcoming.
150. "Hazard Communication:
Warnings and Risk," with W. Kip Viscusi, in The Annals of the American
Academy of Political and Social Science 545, "Challenges in Risk
Assessment and Risk Management," Howard Kunreuther and Paul Slovic (eds.),
May 1996, 106-115.
151. "Willingness to Pay
and the Distribution of Risk and Wealth," with John W. Pratt, Journal
of Political Economy, May 1996, 747-763.
152. "Communicating the
Health Effects of Consumer Products: The Case of Moderate Alcohol Consumption
and Coronary Heart Disease," with Carl V. Phillips, Managerial and
Decision Economics 17, 1996, 459-470.
153. "The Challenge of
Contracting for Technological Information," Proceedings of the National
Academy of Sciences 93, November 12, 1996, 12743-12748.
154. "The J-Shape of
Performance Persistence Given Survivorship Bias," with Darryll Hendricks
and Jayendu Patel, Review of Economics and Statistics 79(2), May 1997,
161-170.
155. "Investment
Flexibility and the Acceptance of Risk," with Christian Gollier and John
Lindsey, Journal of Economic Theory 75(2), October 1997, 219-241.
156. "Property Tax
Limitations in Retrospect: The Example of Massachusetts," with David M.
Cutler and Douglas W. Elmendorf, in 1996 Proceedings of the Eighty-Ninth
Annual Conference on Taxation, Washington, DC: National Tax Association,
1997, 160-168.
157. "Adverse Selection in
Health Insurance," with David M. Cutler, in Frontiers in Health Policy
Research, vol. 1, Alan Garber (ed.), Cambridge, MA: MIT Press, 1998, 1-31.
158. "The Anatomy of Jumps
and Falls in Wages," with Michael J. Moore and W. Kip Viscusi, in Research
in Labor Economics 17, Solomon W. Polachek (ed.), Stamford, CT: JAI Press,
1998, 201-232.
159. "Amos Tversky and the Ascent
of Behavioral Economics," with David Laibson, Journal of Risk and
Uncertainty 16(1), April 1998, 7-47.
160. "Organizational Form
and Insurance Company Performance: Stocks versus Mutuals," with Patricia
Born, William M. Gentry, and W. Kip Viscusi, in The Economics of
Property-Casualty Insurance, David Bradford (ed.), Chicago: University of
Chicago Press, 1998, 167-192.
161. "Adverse Selection and
Adverse Retention," with Daniel Altman and David M. Cutler, American
Economic Review, Papers and Proceedings 88(2), May 1998, 122-126.
162. "Demography, Economic
Performance, and Financial Markets," (Sanwa Public Lecture, March 11,
1997), Japan and the World Economy 10(3), July 1998, 381-385.
163. "Two Crises and Two
Chinas," with Shang-Jin Wei, Japan and the World Economy 10(3),
July 1998, 359-369.
164. "Restoring Natural
Resources with Destination-Driven Costs," with Carl V. Phillips, Journal
of Environmental Economics and Management 36, 1998, 225-242.
165. "Reinsurance for
Catastrophes and Cataclysms," with David M. Cutler, in The Financing of
Catastrophe Risk, Kenneth A. Froot (ed.), Chicago: University of Chicago
Press, 1999, 233-269.
166. "Earnings Management to Exceed Thresholds,"
with Francois Degeorge and Jayendu Patel, Journal of Business 72(1),
January 1999, 1-33. Also reprinted in Behavioral Finance, Harold M.
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167. "Restraining the
Leviathan: Property Tax Limitation in Massachusetts," with David M. Cutler
and Douglas W. Elmendorf, Journal of Public Economics 71, 1999, 313-334.
168. "Price Versus
Quantity: Market-Clearing Mechanisms When Consumers are Uncertain about
Quality," with Andrew Metrick, Journal of Risk and Uncertainty
17(3), 1999, 215-242.
169. "The Anatomy of Health
Insurance," with David Cutler, in The Handbook of Health Economics,
Joseph P. Newhouse and Anthony J. Culyer (eds.), Amsterdam: Elsevier Science,
2000, 563-643.
170. "Legislators as
Negotiators," with David C. King, in Negotiating on Behalf of Others:
Advice to Lawyers, Business Executives, Sports Agents, Diplomats, Politicians,
and Everybody Else, Robert H. Mnookin and Lawrence E. Susskind, with Pacey
C. Foster (eds.), Thousand Oaks, CA: Sage Publications, 1999, 203-225.
171. "The
Market for Evaluations," with Christopher Avery and Paul Resnick, American
Economic Review 89(3), June 1999, 564-584.
172. "The Menu-Setting
Problem and Subsidized Prices: Drug Formulary Illustration," with Todd
Olmstead, Journal of Health Economics 18, 1999, 523-550.
173. "Dark Deals and
Dampened Destinies: Corruption and Economic Performance," with Shang-Jin
Wei, Japan and the World Economy 11, 1999, 443-454.
174. "Action Bias and
Environmental Decisions," with Anthony Patt, Journal of Risk and
Uncertainty 21(1), 2000, 45-72.
175. "Reputation
Systems," with Paul Resnick, Eric Friedman, and Ko Kuwabara, Communications
of the ACM 43(12), 2000, 45-48.
176. "The Design and
Interpretation of Contracts: Why Complexity Matters," with Karen Eggleston
and Eric A. Posner, Northwestern University Law Review 95(1), 2000,
91-132.
177. "The Optimal
Harvesting of Environmental Bads," with N.O. Keohane and B. Van Roy, Proceedings
of the IEEE Conference on Decision and Control, 2000, 234-239.
178. "Can Market and Voting
Institutions Generate Optimal Intergenerational Risk Sharing?," with
Antonio Rangel, in Risk Aspects of Investment Based Social Security Reform,
John Y. Campbell and Martin Feldstein (eds.), Chicago: University of Chicago
Press, 2001, 113-141.
179. "The Economics of
Clean Up, and Implications for Legal Design," with Carl V. Phillips, in The
Law and Economics of the Environment, Anthony Heyes (ed.), Cheltenham, UK:
Edward Elgar Publishing, 2001, 116-135.
180. "The Rising Sun and
the Stumbling Bear," with Robert E. Jensen, in Economic Theory,
Dynamics, and Markets: Essays in Honor of Ryuzo Sato, Takashi Negishi, Rama
V. Ramachandran, and Kazuo Mino (eds.), Boston: Kluwer Academic Publishers,
2001, 483-493.
181. "Government's Role
When Markets Rule," with John D. Donahue, in Governance Amid Bigger,
Better Markets, John D. Donahue and Joseph S. Nye, Jr. (eds.), Washington,
D.C.: Brookings Institution Press, 2001, 282-305.
182. "Behavioral
Perceptions and Policies Toward the Environment," with Anthony Patt, in Judgments,
Decisions, and Public Policy, Rajeev Gowda and Jeffrey C. Fox (eds.),
Cambridge, UK: Cambridge University Press, 2002, 265-302.
183. "Political Competition
and Debt Trajectories in Japan and the OECD," with David Skilling, Japan
and the World Economy 14, 2002, 121-135.
184. "Horizon Length and
Portfolio Risk," with Christian Gollier, Journal of Risk and
Uncertainty 24(3), 2002, 195-212 .
185. "A Renaissance
Instrument to Support Nonprofits: The Sale of Private Chapels in Florentine
Churches," with Jonathan K. Nelson, in The Governance of Not-for-Profit
Organizations, Edward Glaeser (ed.), Chicago: University of Chicago Press,
2003, 143-180.
186. "High Stakes Decision
Making: Normative, Descriptive, and Prescriptive Considerations," with
Howard Kunreuther, Robert Meyer, et al., Marketing Letters 13(3), 2002,
259-268.
187. "Government Contracting for Health
Care," with Karen Eggleston, in Public Service for the 21st Century,
John D. Donahue and Joseph S. Nye, Jr. (eds.), Washington, D.C.: Brookings
Institution Press, 2002, 29-65.
188. "Information and
Communication Technologies, Markets, and Economic Development," with Karen
Eggleston and Robert Jensen, in The Global Information Technology Report
2001-2002: Readiness for the Networked World, Geoffrey S. Kirkman, Peter K.
Cornelius, Jeffrey D. Sachs, Klaus Schwab, eds., New York: Oxford University
Press, 2002, 62-74.
189. "Collective Silence
and Individual Voice: The Logic of Information Games," with Edward A.
Parson and Cary Coglianese, in Collective Choice: Essays in Honor of Mancur
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190. "
191. "Trust Among Strangers
in Internet Transactions: Empirical Analysis of eBay's Reputation System,"
with Paul Resnick, in The Economics of the Internet and E-Commerce, M.
R. Baye (ed.), Amsterdam: Elsevier Science, 2002, 127-157.
192. "The Denominator
Blindness Effect: Accident Frequencies and the Misjudgment of
Recklessness," with W. Kip Viscusi, American Law and Economics Review
6(1), 2004, 72-94.
193. "Congressional Vote
Options," with David C. King, Legislative Studies Quarterly 28(3),
2003, 387-411.
194. "Sacrificing Civil
Liberties to Reduce Terrorism Risks," with W. Kip Viscusi, Journal of
Risk and Uncertainty 26(2/3), 2003, 99-120.
195. "The Ecology of Terror
Defense," with Nathaniel O. Keohane, Journal of Risk and Uncertainty
26(2/3), 2003, 201-229.
196. "Enrollee Mix,
Treatment Intensity, and Cost in Competing Indemnity and HMO Plans," with
Daniel Altman and David Cutler, Journal of Health Economics 22, 2003,
22-45.
197. "Reference Incomes,
Loss Aversion, and Physician Behavior," with John A. Rizzo, Review of
Economics and Statistics 85(4), 2003, 909-922.
198. "The Ecology of Risk
Taking," with Francois Degeorge and Boaz Moselle, Journal of Risk and
Uncertainty 28(3), 2004, 195-215.
199. "Trust, Risk and Betrayal," with
Iris Bohnet, Journal of Economic Behavior and Organization, 55(4), 2004,
467-484.
200. "Racial
Profiling," with Mathias Risse, Philosophy and Public Affairs
32(2), 2004: 131-170.
201. "Social Comparisons in Ultimatum Bargaining,"
with Iris Bohnet, Scandinavian Journal of Economics 106(3), 2004,
495-510.
202. "Recollection Bias and
the Combat of Terrorism," with W. Kip Viscusi, Journal of
Legal Studies 34, 2005, 27-55.
203. "Public-Private Collaboration," with John D.
Donahue, in Michael Moran, Martin Rein, and Robert E. Goodin (eds.), Oxford
Handbook of Public Policy, Oxford: Oxford University Press, 2006, 496-528.
204. "Extending the Theory
to Meet the Practice of Insurance," with David M. Cutler, in Robert E.
Litan and Richard Herring (eds.), Brookings-Wharton Papers on Financial
Services, 2004, 1-53.
205. "For Sale, but How?
Auctions vs. Negotiations," with Guhan Subramanian, Negotiation,
October, 2004.
206. "On the Block: Choose
the Best Type of Auction," with Guhan Subramanian, Negotiation,
December, 2004.
207. "‘Negotiauctions’:
Taking a Hybrid Approach to the Sale of High Value Assets," with Guhan
Subramanian, Negotiation 8(2), February, 2005, 4-6.
208. "Seeking Truth for
Power: Informational Strategy and Regulatory Policymaking," with Cary
Coglianese and Edward Parson, Minnesota Law Review 89(2), 2004, 277-341.
209. "The Perception and Valuation of the Risks of Climate
Change: A Rational and Behavioral Blend," with W. Kip Viscusi Climatic
Change 77, 2006, 151-177.
210. "Irving Fisher, Victor Fuchs, and the Health-Government
Tangle," American Journal of Economics and Sociology 64(1),
2005, 435-443.
211. "Eliciting
Informative Feedback: The Peer-Prediction Method," with Nolan Miller
and Paul Resnick, Management Science 51(9), 2005, 1359-1373.
212. "The Value of Reputation on eBay: A Controlled Experiment,"
with Paul Resnick, John Swanson, and Kate Lockwood, Experimental Economics
9(2), 2006, 79-101.
213. "Aggregation of
Heterogeneous Time Preferences," with Christian Gollier, Journal of
Political Economy 113(4), 2005, 878-896.
214. "Pushing Incomes to Reference Points: Why Do Male
Doctors Earn More?," with John A. Rizzo, Journal of Economic
Behavior and Organization 63(3), 2007, 514-536.
215. "Screening
Budgets," with Alexander Wagner and Nolan H. Miller, Journal of
Economic Behavior and Organization 61(3), 2006, 351-374.
216. "Possibly-Final Offers," with
Nolan H. Miller and Nikita E. Piankov, Journal of Economics and Management
Strategy 15(3), 2006, 789-819. "Supplementary Material."
The definitive version is available at www.blackwell-synergy.com.
217. "JARring
Actions That Fuel the Floods," with Carolyn Kousky, in On Risk and
Disaster: Lessons from Hurricane Katrina, Ronald J. Daniels, Donald F.
Kettl, and Howard Kunreuther (eds.), Phildelphia: University of Pennsylvania
Press, 2006, 59-73.
218. "Provider
Choice of Quality and Surplus," with Nolan Miller and Karen Eggleston,
International Journal of Health Care Finance and Economics 6(2), 2006,
103-117.
219. "Probabilities and Preferences: What Economics Can
Teach Doctors and Patients Making Difficult Treatment Decisions," with
Benjamin D. Sommers, Journal of Urologic Oncology, forthcoming.
220. "Managing
the Quality of a Resource with Stock and Flow Controls," with
Nathaniel O. Keohane and Benjamin Van Roy, Journal of Public Economics
91(3-4), 2007, 541-569.
221. "Antibiotic Resistance as a Global Threat:
Evidence from China, Kuwait, and the United States," with Ruifang
Zhang, Karen Eggleston, and Vincent Rotimi, Globalization and Health
2(6), 2006, http://www.globalizationandhealth.com/content/2/1/6.
222. "Thomas Schelling, Ricochet Thinker," in The
Strategist: The Life and Times of Thomas Schelling, Robert Dodge (ed.), New
Hampshire: Hollis Publishing, 2006, vii-xii.
223. "Mechanism Design with
Multidimensional, Continuous Types, and Interdependent Valuations ,"
with Nolan H. Miller, John W. Pratt, and Scott Johnson, Journal of Economic
Theory 136(1), 2007, 476-496.
224. "Investing in the Unknown and
Unknowable ," Capitalism and Society 1(2), 2006, Berkeley
Electronic Press, http://www.bepress.com/cas/vol1/iss2/art5.
225. "National Survey Evidence on Disasters and
Relief: Risk Beliefs, Self-Interest, and Compassion ,"with W. Kip
Viscusi, Journal of Risk and Uncertainty 33, 2006, 13-36.
226. "Options Contracts for Contingent Takings,"with
Carolyn Kousky and Sam Walsh, Issues in Legal Scholarship, Catastrophic
Risks: Prevention, Compensation, and Recovery, Berkeley Electronic Press, 2007,
Article 2, http://www.bepress.com/ils/iss10/art2.
227. "Private Investment and Government Protection," with Carolyn Kousky and Erzo F.P. Luttmer, Journal of Risk and Uncertainty 33(1/2), 2006, 73-100.
228. "Permits to Elicit Information,"with
Erzo F.P. Luttmer and Carolyn Kousky, Proceedings of the National Tax
Association, forthcoming.
229. "Obstacles to Clear Thinking about Natural Disasters: Five Lessons for Policy,"with Alan Berger and Carolyn Kousky, in Risking House and Home: Disasters, Cities, Public Policy, John M. Quigley and Larry A. Rosenthal (eds.), Berkeley: Berkeley Public Policy Press, forthcoming.
230. "Regulation by Generalization,"with Frederick
Schauer, Regulation and Governance 1(1), 2007, 68-87.
231. "Paltering ,"with Frederick Schauer, in Santa
Fe Institute Workshop on Deception, Brooke Harrington (ed.), Stanford:
Stanford University Press, forthcoming.
232. "Conspicuous Conservativism in Risk Choice,"
with Boaz Moselle and Francois Degeorge, Journal of Risk and Uncertainty
35(1), 2007, 1-16.
233. "A Decision Analysis Using Individual
Patient Preferences to Determine Optimal Treatment for Localized Prostate
Cancer," with Benjamin D. Sommers, Clair J. Beard, Anthony V. D'Amico,
Douglas Dahl, Irving Kaplan, and Jerome P. Richie, Cancer 110(10), 2007,
2210-2217.
234. "Custom-Made Versus Ready-to-Wear Treatments: Behavioral
Propensities in Physicians' Choices," with Richard G. Frank, Journal
of Health Economics 26(6), 2007, 1101-1127.
235. "Betrayal Aversion: Evidence from Brazil,
China, Switzerland, Turkey, the United Arab Emirates, and the United States,"
with Iris Bohnet, Fiona Greig, and Benedikt Herrmann, American Economic
Review, forthcoming.
236. "Resource Allocation When Projects
Have Ranges of Increasing Returns," with Catherine Bobtcheff and
Christian Gollier, Journal of Risk and Uncertainty, forthcoming.
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