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Sarah Ann Wheeler, Céline Nauges, and Quentin R. Grafton
2025, forthcoming
The allocation of water across space and time is a key challenge of water governance, with demand and supply often not well matched over time and place. Best practice water pricing and markets may promote water conservation, yet their application is limited. We highlight the governance principles...
Daniel L. Chen, and Susan Yeh
vol. 128, n. 103155, 2025, forthcoming
Does obscenity law affect moral values and does it matter? Using random judge assignment and all U.S. obscenity precedents since 1958, we report four key findings. Democratic judges, more than Republicans, tended to vote progressively in obscenity cases. Such progressive rulings liberalized sexual...
Christophe Courbage, Richard Peter, Béatrice Rey, and Nicolas Treich
Georges Dionne (ed.), 3ème edition, Springer Cham, 2025
This chapter surveys the economic literature on prevention and precaution. Prevention refers to costly activities that mitigate risk. Prevention encompasses self-protection, an investment to reduce the probability of loss, and self-insurance, an investment to reduce the severity of loss. Precaution...