Pandemics & Policy Choices

Two recent AEG presentations at national economics conferences highlight the challenges and stakes involved in addressing novel public health issues through public policy. The Social-Economic-Epidemiological Choice: Incorporating Human Response and Avoiding Policy Mistakes was presented at the ASSA Conference, NAFE virtual sessions in January 2021. The paper provides “evidence that decisions made using a sequential […]

Blue smoke and seers: measuring latent demand for cannabis products in a partially criminalized market

Blue smoke and seers: measuring latent demand for cannabis products in a partially criminalized market Patrick L. Anderson Published online: 14 January 2020 © National Association for Business Economics 2020 Abstract Cannabis, otherwise known as hemp or marijuana, is one of the nation’s fastest growing cash crops. In the late 1990s, proponents of legalization began […]

Reforming MPSERS: The impact of issuing pension obligation bonds and extending debt payments

Governor Gretchen Whitmer and leaders of the GOP-led Michigan House and Senate have recently considered proposals to postpone making required principal and interest payments on the unfunded accrued actuarial liability (UAAL) of the Michigan Public School Employee Retirement System (MPSERS). For all variations of this idea, the immediate results of such actions would be the […]

Business strategy and firm location decisions: testing traditional and modern methods

This paper, written by Patrick L. Anderson for the January issue of the NABE’s Business Economics journal, is the recipient of a 2018 Edmund A. Mennis Contributed Paper Award. The work earned Mr. Anderson his third Mennis award for the nationally-recognized accuracy of its analysis in handicapping location bids for Amazon’s “HQ2.” Abstract For nearly […]

Revenue at Risk for Automotive Dealerships: The Growing Use of Manufacturer Incentive Programs

 

Revenue at Risk for Automotive Dealers

2018 Revenue at Risk Report Manufacturer incentive programs have become increasingly controversial – the  programs are overlapping, complex, and subject to confidentiality provisions. Therefore, the general public, lawmakers, and even some dealers are uncertain about their full extent. Over at least the past six years, dealerships’ gross and operating margins have been on the decline. […]