Advocates of consumer safety regulation, an active and controversial area of public policy in the United States, contend that markets do not adequately protect the interests of vulnerable consumers; market traditionalists respond that public agencies increasingly make risk/safety decisions that individual citizens ought to be making for themselves. This book, written by an economist, critically assesses the rationales for, and the effects of, our major consumer safety programs. Addressed to a general audience, and incorporating relevant literature on cognitive psychology as well as economics,...
Advocates of consumer safety regulation, an active and controversial area of public policy in the United States, contend that markets do not adequatel...
A day at the races, with its colorful variety and fast-paced action, appeals to people from all walks of life. Not surprisingly, the idea of going home with a few more dollars than when one arrived is part of horseracing's charm. In this entertaining but substantive volume, two distinguished economists, who happen to be horseracing buffs, outline a tested strategy for placing bets that will increase the reader's chances of a happy outcome at the track.
The authors are the first to point out that getting rich at the racetrack is unlikely. They do maintain, however, that with...
A day at the races, with its colorful variety and fast-paced action, appeals to people from all walks of life. Not surprisingly, the idea of going ...
