Fire fighters in a city such as Baltimore have a better defined job than the police. Fire fighters do not set fires. They put out fires and save those at risk. Fires occur at random times in random parts of the city.
The quality of the fire fighting unit can be measured using; 1.
The quality of the fire fighting unit can be measured using; 1.
In 2019, Ian Coxhead wrote a tough Journal of Economic Literature review of my co-authored 2016 book Blue Skies Over Beijing: Economic Growth and the Environment (joint with Siqi Zheng of MIT).
Almost 20 years ago, Brian Jacob, Steve Levitt and Mark Duggan taught economists how to detect cheating teachers and cheating sumo wrestlers.
Information is highly valuable and costly to acquire. Some of us know more about some things than others. A mother of a young child knows more about the child's health and personality than does the child's teacher. A friend knows more about you than a stranger.
