From the Cover
Paying Tomorrow’s Military
Non-cash benefits may not be the best way to attract and retain service members.
Features
The Value of Building Codes
Do home buyers value stricter construction requirements in disaster-prone areas?
An Uncertain Prescription
Are tax exemptions for nonprofit hospitals an efficient way to fund indigent care?
Cartagena Protocol: A New Trade Barrier
International agreement to control modified organisms could add large new costs to world agricultural commodity trade.
Paternalism and Psychology
If individuals’ ability to make rational decisions is limited, wouldn’t their ability to make political decisions also be limited?
Politics and Regulatory Policy Analysis
What role does cost-benefit analysis really play in policy making?
The End of Securities Fraud Class Action?
Diversified investors experience harm, not relief, from securities class actions.
The Value of Knowing
Did mandatory disclosure requirements enhance stock prices?