This report frames the debate over studded tires in terms of economic principles of marginal cost pricing and efficient resource allocation. In the absence of a user tax, the pavement damage caused by studded tires results in inefficient pricing because social costs associated with the damage are excluded from the...
This paper uses data envelopment analysis (DEA) to examine the relative technical efficiency of the Washington State Ferry (WSF) routes operating in Puget Sound. This is the largest ferry system in the country. It is publicly operated and does not face direct competition from any other agency, public or private....
This paper examines the theoretical and empirical differences between the behavior of nonprofit and for-profit hospitals. Considerations are extended to include the possibility of collusion when hospitals make strategic choices. The operating objectives of the firms take into account price, quantity, and quality. Defining the quality of hospital care is...