• The Effect of the Designated Hitter Rule on Hit Batsmen: Pitcher's Moral Hazard or the Team's Cost-Benefit Calculation?: A Comment 

    Klein, Peter G.; Trandel, Gregory Allyn; White, Lawrence H. (Lawrence Henry) (Oxford University Press, 1998-10)
    Goff, Shughart and Tollison [1997] attribute the American League's higher hit-batsman rate since 1973 to moral hazard: pitchers who no longer bat no longer face retaliation. We argue that retaliation is more efficiently ...
  • Politics and Productivity 

    Klein, Peter G.; Luu, Hung (Western Economic Association International, 2003-07)
    We use a stochastic frontier approach to study the effects of political and regulatory institutions on aggregate productivity in 39 countries from 1975 to 1990. We show that technical efficiency is positively related to ...