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The Economic Implications of Vague Liability Rules: Mass murder in movie...

On July 20, 2012, James Holmes killed 12 persons and wounded many others during a showing of the Batman movie The Dark Knight Rises at the Century Aurora 16 theater complex in Aurora, Colorado. Holmes...

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The Cost-Effectiveness of Rapid Transit:The Arlington-Alexandria Metroway

The Washington Metropolitan Area Transit Authority (WMATA, or "Metro" to locals) has opened the first 0.8 mile segment of its planned 5-mile "premium transit service" between the Braddock Road Metro...

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Travel Restrictions to Reduce Ebola Risk in the US:Part 2: First case in New...

Yesterday we explained why travel restrictions were part of a plausibly effective strategy to reduce the risk of Ebola infections in the US, notwithstanding well-publicized opposition from senior...

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Travel Restrictions to Reduce Ebola Risk in the US:Part 3: How to implement...

The federal government has not imposed travel restrictions on travelers originating in West Africa, but the governors of New York and New Jersey have done so.  Each State Department of Health at JFK...

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Travel Restrictions to Reduce Ebola Risk in the US:Part 4: State travel...

The nurse quarantined in New Jersey is expected to be released — sort of. The office of New Jersey Governor Chris Christie has announced that Kaci Hickox will be discharged and allowed to return home...

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Ebola: A Case Study of Federal Risk Communication Failure

Once the first case of Ebola infection was diagnosed in the US, it was inevitable that it would attract great attention. What was not inevitable is the federal government’s epic failure in risk...

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The Science-Based Argument Against Ebola Quarantines, Courtesy of the Editors...

Many published reports say that state quarantines are ineffective or otherwise contrary to the best available scientific advice. A look at that scientific advice shows that it is policy-driven, not...

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The Centers for Disease Control Ebola Guidance

Federal officials and elite public health experts say that the guidelines published by the Centers for Disease Control are “science-based.” A close look at those guidelines suggests that the scientific...

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Maine Court Allows Kaci Hickox to Selectively Comply with CDC’s Ebola Guidelines

Today’s Order by Judge Charles C. LaVerdiere permits Kaci Hickox not to comply with the home quarantine directive issued by the Maine Department of Health and Human Services. More interesting, though,...

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Pigouvian Taxes on Soda Yes in Berkeley, no in San Francisco

Voters in Berkeley and San Francisco had the opportunity on November 4 to decide whether to approve taxes on “sugary soda.” The Berkeley measure passed 75%-25%; the San Francisco one failed 55%-45% (A...

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About the ‘Sharing Economy’ of Uber, Lyft and airbnb

Christopher Mims at the Wall Street Journal (subscription) says Uber, Lyft, airbnb, Instircart, Postmates, TaskRabbit and others in the so-called “sharing economy” are “remarkably efficient machines...

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Economic Incentives: Perfect in the classroom; problematic in the real world

For a profession usually caricatured as the “dismal science,” economists are a remarkably optimistic bunch. For several decades now, the profession has striven to prove to non-economists that there are...

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Regulatory Costs and NoncomplianceThe case of New York City sales taxes

Cyrus Vance, Jr. and Kathryn Wylde, respectively Manhattan District Attorney and president/CEO of the Partnership for New York City, complain about restaurants installing software in their...

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Allocation by Price or Rationing by Quantity

It is well-known that California is in drought. Gov. Jerry Brown has ordered massive reductions in water usage, which local water districts (not the State) must enforce at the residential level. Water...

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Information Quality and Subway Ridership Forecasts

Three stories in the Washington Post show why compliance with federal information quality guidelines ought to be mandatory. Washington DC operates the third busiest subway system in the US, according...

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Overseeing Washington DC’s Metro: An opportunity for benefit-cost analysis

Lori Aratani and Paul Duggan of the Washington Post report on the controversy about which agency should oversee safety of the Washington DC subway system (“Metrorail”). Aratani and Duggan begin by...

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