Click to increase image sizeClick to decrease image size Additional informationNotes on contributorsJohn J. SiegfriedJohn J. Siegfried is a professor of economics at Vanderbilt University (siegfrjj@vanderbilt.edu). Bonnie T. Meszaros is an associate director of the Center for Economic Education and Entrepreneurship at the University of Delaware. Stephen Buckles, W. Lee Hansen, and Michael Salemi provided helpful comments on earlier drafts. This article is an expanded version of an article by the authors that appeared in the May 1997 issue of the American Economic Review. The material is used with the permission of the American Economic Association.
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Siegfried et al. (1998) studied this question.
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