Jeffrey A. Livingston

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On the online auction site eBay, by convention, sellers do not ship goods to winning bidders until after they have received payment, so there is an opportunity for sellers to take advantage of bidders’ trust. Realizing this, the designers of eBay created a system that relies on selfenforcement using reputation. Several recent studies have found that bidders(More)
Survey data were used to analyze state government efforts to promote supported housing for persons with psychiatric disabilities in five states--Ohio, Oregon, Rhode Island, Washington, and Wisconsin. States worked to increase mental health service consumers' access to affordable housing by increasing the number of state staff who address housing issues, by(More)
This study begins by exploring theoretically the relationship between market power and statistical price discrimination in a simple market setting. Most importantly, our theory predicts that market power accentuates the level of statistical discrimination in this setting. We test our theory using a natural field experiment that gains identification by(More)
Undiversifiable (or systematic risk) has long been an enemy of investors. Many countercyclical strategies have been developed to counter this. However, like all insurance types, these strategies are generally costly to implement, and over time can significantly reduce portfolio returns in long and extended bull markets. In this paper, we discuss an(More)
Studies which seek to estimate components of the education production function almost universally assume, for ease of estimation and interpretation, that the production function is linear and additively separable in its inputs. This strict functional form assumes that there are no complementarities between inputs, though there are compelling reasons to(More)
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