The Effect of Wanted Posters on Prospective and Retrospective Memory

The experiment tested prospective and retrospective memory for a person pictured on a wanted poster. Participants monitored the videotaped activity of a computer lab; one of their duties involved reporting if they saw a computer hacker. Half viewed a wanted poster of the hacker before the monitoring task and half after. For half the participants, the hacker appeared during monitoring and for half not. A diagnosticity ratio comparing the correct prospective memory identifications with false positive identifications showed that a prospective identification was 3.35 times more likely to be accurate than inaccurate. For those viewing the wanted poster after monitoring, the diagnosticity ratio was 1.21. Based on diagnosticity, a prospective identification had more value than a retrospective identification.     

Approval regulation and endogenous consumer confidence: Theory and analogies to licensing,safety, and financial regulation

Safety regulation – in the form of pre-market approval, licensure, screening, and product entry limitations – governs numerous market realms, including consumer finance. In this article, we ask whether the effects of safety regulation go beyond safety and affect consumers' beliefs about the distribution of products they can use. We model “approval regulation,” where a government regulator must approve the market entry of a product based upon observable, unbiased, and non-anticipable experiments. We show that even if regulator and firm disagree about only quality standards, the disagreement induces the firm to provide more information about its product than it would in the absence of regulation. Put differently, purely first-order disagreements in regulation generate second-order consequences (more certainty about product quality). These second-order consequences of regulation are sufficient to generate first-order effects among end-users (more consumption of superior products), even when users are risk-neutral. In other words, even if approval regulation produces little or no improvement in safety or quality, it still aggregates information useful to “downstream” product users; these users will exhibit higher consumption and will more readily switch to superior products. In contrast with libertarian analyses of entry regulation and licensure, the model predicts that entry restrictions may be associated with greater product or service utilization (consumption) as well as with greater price sensitivity among consumers. Because contemporary cost–benefit analyses ignore these second-order effects, they are unlikely to capture the possible confidence effects of approval regulation.     

Improving the Health Coverage of the Rural Poor: Does Contracting-Out Mobile Medical Teams Work?

Low population density in rural developing countries coupled with deficient infrastructure, weak state capacity and limited budgets makes increasing health care coverage difficult. Contracting-out mobile medical teams may be a helpful solution in this context. This article examines the impact of a large-scale programme of this type in Guatemala. We document large impacts on immunisation rates for children and prenatal care provider choices. The programme increased substantially the role of physician and nurses at the expense of traditional midwives. The results indicate that mobile medical teams substantially increased coverage of health care services in Guatemala, and could be effective in other developing countries.     

Power and Paradox: Asian Geopolitics and Sino-American Relations in the 21 Century

The pattern of Asian geopolitics can be examined by employing three analytical perspectives. The first employs East Asia and the vigorous debate over the meaning of the rise of China as an intellectual prism to observe the currents of geopolitical continuity and change that are currently abroad in the Asian region. The second explores the extent to which the interacting forces of geopolitics and military modernization foster the rise of new force projection capabilities that may affect the strategic environment in Asia—particularly in East Asia. Here, the focus is mainly on the arsenals of the three indigenous Asian giants, China, Japan and India, all of whom have developed, or are in the process of developing, significant air and maritime assets whose operations have the potential to intersect in East and South East Asia. Russia is not as much a presence because it no longer possesses its powerful Soviet-era Pacific Fleet and has, in essential respects, retreated to its traditional role as a Eurasian land power.¹ The third examines the future of Sino-American relations in Asia in the context of the debate over China's ascent and U. S. decline—a discussion that has intensified since the implosion of the U.S. financial system in 2008 and the onset of the worst global recession since the 1930s.