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The WTO as a Mechanism for Securing Market Access Property Rights: Implications for Global Labor and Environmental Issues

[Symposium: Trade, Labor and the Environment]

By Kyle Bagwell and Robert W. Staiger

Journal of Economic Perspectives, Summer 2001

Can the World Trade Organization (WTO) contribute to the attainment of sound labor and environmental policies? An answer requires an understanding of WTO rules. We argue that the purpose of WTO rules is to create a negotiating forum where governments can ...

Sequential Kidney Exchange

By Lawrence M. Ausubel and Thayer Morrill

American Economic Journal: Microeconomics, August 2014

The traditional literature on kidney exchange assumes that all components of the exchange must occur simultaneously. Unfortunately, the number of operating rooms required for concurrent surgeries poses a significant constraint on the beneficial exchanges ...

A Welfare Analysis of Arbitration

By Wojciech Olszewski

American Economic Journal: Microeconomics, February 2011

The paper compares conventional and final-offer arbitration. One party is supposed to make a payment to another party, whose amount depends on a state. Under one scenario, parties obtain signals about the state, which cannot be recognized by the opponents...

Earnings Inequality and the Intersectionality of Gender and Ethnicity in Sub-Saharan Africa: The Case of Tanzanian Manufacturing

By Juliet U. Elu and Linda Loubert

American Economic Review, May 2013

This paper estimates quantile earnings functions with data from the 2004 Tanzanian Household Worker Survey to determine if ethnicity and gender--being female--matters per se and across the distribution of earnings. We find that in the Tanzanian manufactur...

Priced and Unpriced Online Markets

[Symposium: Internet Economics]

By Benjamin Edelman

Journal of Economic Perspectives, Summer 2009

Some online resources are free and others are not -- but it can be hard to predict which resources are in which category. In some cases, users are charged for things such as web-based e-mail, wireless Internet access, and software, while in other cases, t...

The Power of Focal Points Is Limited: Even Minute Payoff Asymmetry May Yield Large Coordination Failures

By Vincent P. Crawford, Uri Gneezy, and Yuval Rottenstreich

American Economic Review, September 2008

Since Schelling, it has often been assumed that players make use of salient decision labels to achieve coordination. Consistent with previous work, we find that given equal payoffs, salient labels yield frequent coordination. However, given even minute...