Around the world, sector-specific regulation of communications markets is being phased out. One way to think about this is that Type I errors (mistakenly prohibiting procompetitive activities) are ...

I regularly teach courses in statistics. And make no mistake about it, I LOVE teaching statistics. I’ve taught this class since 1996, have (with Sara Hall) co-authored a textbook on the topic, and I’d ...

What do Icelandic volcanic ashes have in common with an innocent Brazilian man wrongly shot to death in a subway station by the London Metropolitan Police because they misidentified him as one of the ...

AbstractThe economic theory of crime deterrence predicts that the conviction of an innocent individual (type I error) is as detrimental to deterrence as the acquittal of a guilty individual (type II ...