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An opt-out home mortgage system
This paper develops a new framework for understanding the mortgage markets based on behavioral economic insights and proposes a ‘sticky’ opt-out mortgage syste…
Air support: Creating a safer and more reliable air traffic control system
Dorothy Robyn argues that there are fundamental problems with the way the federal government manages the air traffic control system and proposes policy changes…
An economic strategy for investing in America’s infrastructure
Manasi Deshpande and Douglas W. Elmendorf argue that America now has the opportunity to channel public concern and frustration into a national infrastructure s…
The untapped promise of wireless spectrum
Philip J. Weiser argues that our spectrum policy has failed to facilitate an optimal and efficient use of this important resource. He identifies a new directio…
Pay-as-you-drive auto insurance: A simple way to reduce driving-related harms and increase equity
This paper argues that the current lump-sum pricing of auto insurance is inefficient and inequitable. It proposes and evaluates a simple alternative: pay-as-yo…
Bringing broadband to unserved communities
Jon M. Peha outlines policies through which government could facilitate the expansion of broadband infrastructure into unserved communities. He argues that the…
America’s traffic congestion problem: Toward a framework for national reform
David Lewis argues that congestion pricing would reduce the economic costs from congestion and guide transportation resources to their best use, and would gene…
Missing markets: Why markets that can reduce risks are missing and what can be done about it
Jason Furman discusses the issue of missing markets for both societal and individual risk, highlighting reasons for the absence of these markets and proposing …
