Keyword: parking
Crystal Ball (6/22/2006)
Better information on risky events may lead to market failure due to adverse selection.
Keywords: adverse selection, genetic screening, information, insurance, parking, risk
Prices and Sanctions? (8/13/1999)
Prices compel decision makers to consider the monetary costs of their acts, whereas sanctions deter people from doing what is wrong.
Keywords: community standards, external costs, law, parking, penalty, prices, sanctions, speeding