William N Trumbull
Dados Biográficos
| ID | 1493042 |
|---|---|
| NOME | William N Trumbull |
| PRENOMES | William N |
| SOBRENOME | Trumbull |
| ASSINATURA | TRUMBULL W N |
| AFILIAÇÕES | West Virginia University |
| VERIFICADO | Não |
| TOTAL DE OBRAS | 8 |
| TOTAL DE CITAÇÕES | 57 |
| TOTAL COMO AUTOR | 8 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1982 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2006 |
| ÍNDICE H | 4 |
Comparing Apples
Shleifer and Treisman (2005) argue that Russia is a "normal country" but their benchmark for normalcy refers primarily to middle-income countries like Mexico and Argentina. Drawing on data from the World Bank and Transparency International, two economists explore this argument by placing Russia in a different context. Russia's experience is examined in comparison with other post-socialist transition countries sharing common political and economic…
Estimating the Economic Model of Crime with Panel Data
Previous attempts at estimating the economic model of crime with aggregate data relied heavily on cross-section econometric techniques and, therefore, do not control for unobserved heterogeneity. This is even true of studies that estimated simultaneous equations models. Using a new panel data set of North Carolina counties, the authors exploit both single and simultaneous equations panel data estimators to address two sources of endogeneity: unob…
Estimating Aid-Allocation Criteria with Panel Data
In 1990, the net amount of economic aid, or official development assistance, to all recipients from all multilateral and bilateral sources was about US$62 billion, an amount that exceeded the GDPs of Greece and Portugal. Despite the size of this yearly transfer there has been no rigorous modelling and estimation of the criteria by which it occurs. As a result, there is little agreement about the extent to which ODA is allocated according to the n…
Frequency of paradox in a common n-winner voting scheme
Reply to Whittington and MacRae
Who Has Standing in Cost-Benefit Analysis
The issues involved in deciding whose preferences are to be counted in cost-benefit analysis are often misunderstood or controversial. This paper attempts to resolve the issues in a number of particular cases by looking to the fundamental value assumptions underlying cost-benefit analysis. Cost-benefit analysis is useful only to the extent that there exists a general consensus that the value assumptions are legitimate. Certain implications of the…
Problems in Estimating the Optimal-Cost Prison Size
prison. We will discuss each of these criticisms in turn. Professor Kritzer points out that the major thrust of our findings is that the least expensive prison to operate is larger than small but smaller than gargantuan (p. 139). He feels that this point is obvious, being simply a reminder of the economies of and the diseconomies of excessive scale (p. 139). We disagree. Although basic and intermediate economics texts usually depict average cost …
Determinants of the Costs of Operating Large-Scale Prisons with Implications for the Cost of Correctional Standards
This paper explores the determinants of the costs of prisons. An economic model relates cost to output, input prices, and a number of variables controlling for differences in the type of outputs and inputs for each prison. Data from the federal prison system are used to estimate the model. Our results indicate that a minimum-cost prison would be quite large (1,000 to 1,600 inmates) and that the improvement of some correctional standards (e.g., si…
Estimating Aid-Allocation Criteria with Panel Data
In 1990, the net amount of economic aid, or official development assistance, to all recipients from all multilateral and bilateral sources was about US$62 billion, an amount that exceeded the GDPs of Greece and Portugal. Despite the size of this yearly transfer there has been no rigorous modelling and estimation of the criteria by which it occurs. As a result, there is little agreement about the extent to which ODA is allocated according to the n…
Who Has Standing in Cost-Benefit Analysis
The issues involved in deciding whose preferences are to be counted in cost-benefit analysis are often misunderstood or controversial. This paper attempts to resolve the issues in a number of particular cases by looking to the fundamental value assumptions underlying cost-benefit analysis. Cost-benefit analysis is useful only to the extent that there exists a general consensus that the value assumptions are legitimate. Certain implications of the…
Frequency of paradox in a common n-winner voting scheme
Determinants of the Costs of Operating Large-Scale Prisons with Implications for the Cost of Correctional Standards
This paper explores the determinants of the costs of prisons. An economic model relates cost to output, input prices, and a number of variables controlling for differences in the type of outputs and inputs for each prison. Data from the federal prison system are used to estimate the model. Our results indicate that a minimum-cost prison would be quite large (1,000 to 1,600 inmates) and that the improvement of some correctional standards (e.g., si…
Comparing Apples
Shleifer and Treisman (2005) argue that Russia is a "normal country" but their benchmark for normalcy refers primarily to middle-income countries like Mexico and Argentina. Drawing on data from the World Bank and Transparency International, two economists explore this argument by placing Russia in a different context. Russia's experience is examined in comparison with other post-socialist transition countries sharing common political and economic…
Reply to Whittington and MacRae
Problems in Estimating the Optimal-Cost Prison Size
prison. We will discuss each of these criticisms in turn. Professor Kritzer points out that the major thrust of our findings is that the least expensive prison to operate is larger than small but smaller than gargantuan (p. 139). He feels that this point is obvious, being simply a reminder of the economies of and the diseconomies of excessive scale (p. 139). We disagree. Although basic and intermediate economics texts usually depict average cost …
Determinants of the Costs of Operating Large-Scale Prisons with Implications for the Cost of Correctional Standards
This paper explores the determinants of the costs of prisons. An economic model relates cost to output, input prices, and a number of variables controlling for differences in the type of outputs and inputs for each prison. Data from the federal prison system are used to estimate the model. Our results indicate that a minimum-cost prison would be quite large (1,000 to 1,600 inmates) and that the improvement of some correctional standards (e.g., si…
Reply to Whittington and MacRae
Who Has Standing in Cost-Benefit Analysis
The issues involved in deciding whose preferences are to be counted in cost-benefit analysis are often misunderstood or controversial. This paper attempts to resolve the issues in a number of particular cases by looking to the fundamental value assumptions underlying cost-benefit analysis. Cost-benefit analysis is useful only to the extent that there exists a general consensus that the value assumptions are legitimate. Certain implications of the…
Frequency of paradox in a common n-winner voting scheme
Estimating the Economic Model of Crime with Panel Data
Previous attempts at estimating the economic model of crime with aggregate data relied heavily on cross-section econometric techniques and, therefore, do not control for unobserved heterogeneity. This is even true of studies that estimated simultaneous equations models. Using a new panel data set of North Carolina counties, the authors exploit both single and simultaneous equations panel data estimators to address two sources of endogeneity: unob…
Estimating Aid-Allocation Criteria with Panel Data
In 1990, the net amount of economic aid, or official development assistance, to all recipients from all multilateral and bilateral sources was about US$62 billion, an amount that exceeded the GDPs of Greece and Portugal. Despite the size of this yearly transfer there has been no rigorous modelling and estimation of the criteria by which it occurs. As a result, there is little agreement about the extent to which ODA is allocated according to the n…
Comparing Apples
Shleifer and Treisman (2005) argue that Russia is a "normal country" but their benchmark for normalcy refers primarily to middle-income countries like Mexico and Argentina. Drawing on data from the World Bank and Transparency International, two economists explore this argument by placing Russia in a different context. Russia's experience is examined in comparison with other post-socialist transition countries sharing common political and economic…
Economics (6 obras) · Econometrics (4 obras) · Business (2 obras) · Criminology (2 obras) · Fiscal Policy and Economic Growth (2 obras) · Geography (2 obras) · Housing Market and Economics (2 obras) · Law (2 obras) · Law (2 obras) · Law, Economics, and Judicial Systems (2 obras)