Keyword: subsidy
Byrding for Profit (6/25/2004)
U. S. shrimpers use anti-dumping protection to resist competitive pressure from more efficient Asian shrimp farmers and to gain de facto subsidy.
Keywords: anti-dumping, Asia, Byrd amendment, overproduction, protection, shrimp, subsidy, tariff
Condom Economics (3/7/2007)
The externality and time horizon of costs and benefits bedevil college distribution of condoms.
Keywords: casual sex, condom, external benefit, external cost, honor system, opportunity cost, pregnancy, private benefit, private cost, sexually transmitted diseases, short-term vs long term, subsidy, vending machines
Covering Risk or Risky Behaviors? (7/27/2000)
The insurance solution to risky behaviors, such as smoking and underage driving, is to raise premium to discourage such behaviors and not to subsidize the treatment of such behaviors.
Keywords: health plan, insurance, risk, risky behavior, smoking, smoking intervention, subsidy
One-Price Law – Making an Illegal Buck (2/27/2007)
Artificially-imposed price difference between markets can lead to flow of goods from short-supplied areas to well-supplied areas to equalize their effective prices.
Keywords: arbitrage, China, diesel, gasoline, Hong Kong, material flow, one-price law, price control, red oil, smuggling, subsidy, tax, Vietnam