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In a recent paper in this Revieti*, Isaac Ehrlich found a negative relationship betueen the use of the death penalty and homicide rates, over the three and a half decades from 1935 69 in the Unite...
This paper explores how the persistently popular "classical" logic of benefit-based taxation, in which an individual's benefit from public goods is tied to his or her income-earning ability, can be in...
A long-standing ideology in business education has been that a corporation is run for the sole interest of its shareholders. I present an alternative view where increasing concentration of economic ac...
The central role of "platform" products and services in mediating the activities of disaggregated "clusters" or "ecosystems" of firms has been widely recognized. But platforms and the systems in which...
China presents several macroeconomic patterns that appear inconsistent with standard stylized facts about economic development and hence inconsistent with the standard neoclassical growth model. We sh...
Economic Research on the Middle East and North Africa: A View of the State of the Art。
This article presents a proposal of a simple mathematical model for minimisation of the production of extraneous substances as a function of the rate of operation performance of a production system. T...
Economic analysis of natural resource and environmental issues inappropriately places too much emphasis on Pigouvian externalities and too little on Coasean property rights and transaction costs. The ...
This paper seeks to offer a theoretical platform where the modern resource-based view” of the firm might meet with evolutionary economics and the study of entrepreneurship, and with the economics of ...
This article contrasts the orthodox approach with an alternative view on finance, saving, deficits, and liquidity, with the goal of shedding light on the current global financial crisis. It first brie...
We discuss utility based pricing and hedging of jump di usion pro- cesses with emphasis on the practical applicability of the framework. We point out two diculties that seem to limit this applicabi...
The objectives of this paper could be brought to three. First, a methodological one, to explain how economic knowledge disseminates andwhat its channels are, as well as the basic transmission mech...
We propose to study market efficiency from a computational viewpoint. Borrowing from theoretical computer science, we define a market to be efficient with respect to resources S (e.g., time, memory)...
The credit crisis roiling the world’s financial markets will likely take years and entire careers to fully understand and analyze. A short empirical investigation of the current trends, however,demons...

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