Includes bibliographical references and index.

Machine generated contents note: Part I. Wealth and Health Insurance 2. Macro Markets and FinancialSecurity 23 -- Stefano Athanasoulis, Robert Shiller, and Eric van Wincoop -- 3. Gene Insurance 47 -- Alexander Tabarrok -- 4. Time-Consistent Health Insurance 53 -- John H. Cochrane -- Part II. The Use of Information in Markets -- 5. Decision Markets 79 -- Robin D. Hanson -- Part III. The Shortage of Human Organs -- 6. A Market for Organs 89 -- Andy H. Barnett, Roger D. Blair, and David L. Kaserman -- 7. The Organ Shortage: A Tragedy of the Commons? 107 -- Alexander Tabarrok -- Part IV. Efficient Justice -- 8. A Modest Proposal to Improve Judicial Incentives 115 -- Steven Landsburg -- 9. Privatizing Probation and Parole 117 -- Morgan Reynolds -- 10. More Juslice foI Less Money: A Slep beyond Cimino 129 -- David Friedman -- Part V. Bankruptcy and Securities Regulation -- 11. Improving Bankruptcy Procedure 153 -- Philippe Aghion, Oliver Hart, and John Moore -- 12. Empowering Investors: A Market Approach to Securities -- Regulation 177 -- Roberta Romano -- Part VI. Patents without Monopoly -- 13. Patent Buyouts: A Mechanism for Encouraging Innovation 245 -- Michael Kremer -- Part VII. Urban Transit -- 14. Curb Rights: Eliciting Competition and Entrepreneurship in Urban -- Transit 275 -- Daniel B. Klein, Adrian T. Moore, and Binyam Reja -- Index 299 -- About the Independent Institute 315.

Electronic reproduction. Palo Alto, Calif. : ebrary, 2013. Available via World Wide Web. Access may be limited to ebrary affiliated libraries.