The return to scale constitutes a significant investment index in the determination of
the quantum of resources that are deployed in investment decision on workers’
continuing professional development. Such investment decision is always…
This paper explores the nature of collective action in the governance of transnational
common resources and proposes a private regimes approach for its study. Using the
example of the radio spectrum as a global resource – representing the…
The idea for this book developed in October 1996 on the eve of the passage of the Economic Espionage Act (EEA) in discussions with a colleague
who specialized in intellectual property law and had been practicing for
some 15 years, litigating…
Defenders of economic orthodoxy often argue that asset inflation results from emotional intrusions into a rational world. But emotions are unavoidable. Rational calculations can be based only on the past. Instability continually arises, especially…
The analysis developed in this book follows
a few simple but unconventional ideas. Investors are assumed to exhibit the same
basic behavior during a speculative episode whether they trade stocks, real estate,
or postage stamps. This idea is…
The Cambridge Handbook of Psychology and Economic Behaviour is a valuable reference resource dedicated to improving
our understanding of the economic mind and economic behaviour. Employing empirical methods – including laboratory experiments,…