Economics Books

Book SynopsisHurricane Katrina was a pivotal event in the history of disaster mismanagement. Its impact will be felt well into the future and its lessons will be applied around the world. This influential volume explores key policy implications arising from the storm and its aftermath. Leading scholars from fields as diverse as decision analysis, risk management, economics engineering, transportation, urban planning and sociology investigate the policy issues associated with insurance, flood control and the rebuilding of levees, housing, tourism, utility lifelines recovery and resilience, evacuation, relocation and racial implications.By assessing the disruption of life in New Orleans, as well as the inter-regional economic impacts of the disaster, the authors suggest steps that can be taken to minimize future risks, not only in New Orleans but also in all locations threatened by natural disasters. It then goes beyond Katrina to explore experiences and responses to similar events in other parts of the world. Another important feature is a discussion of the overlap between terrorist-initiated disasters and natural disasters. The issues raised by Katrina are very complex and teasing out successful policy implications is far from easy. This book is a major advance towards that goal.Academics interested in the economics, policy, and planning aspects of natural and man-made disasters, specialists in emergency management and policymakers will find the insights and prescriptions offered here invaluable.Table of ContentsContents: Preface 1. Introduction Harry W. Richardson, Peter Gordon and James E. Moore II 2. Comprehensive Disaster Insurance: Will it Help in a Post-Katrina World? Howard C. Kunreuther and Erwann O. Michel-Kerjan 3. A Decision Analysis of Options to Rebuild the New Orleans Flood Control System Carl Southwell and Detlof von Winterfeldt 4. Hurricane Katrina: Lessons Learned Jiin-Jen Lee and Bennington Willardson 5. Katrina vs. 9/11: How Should we Optimally Protect Against Both? Jun Zhuang and Vicki M. Bier 6. Worst-Case Thinking and Official Failure in Katrina Lee Clarke 7. Risk, Preparation, Evacuation and Rescue Edd Hauser, Sherry M. Elmes and Nicholas J. Swartz 8. Not Katrina: The Thames Barrier Decision Chang-Hee Christine Bae and Harry W. Richardson 9. Is New Orleans Ready to Celebrate After Katrina? Evidence from Mardi Gras and the Tourism Industry Kathleen Deloughery 10. Estimating the State-by-State Economic Impacts of Hurricane Katrina Jiyoung Park, Peter Gordon, James E. Moore II, Harry W. Richardson, Soojung Kim and Yunkyung Kim 11. Regional Economic Impacts of Natural and Man-Made Hazards: Disrupting Utility Lifeline Services to Households Adam Rose and Gbadebo Oladosu 12. Adjusting to Natural Disasters V. Kerry Smith, Jared C. Carbone, Jaren C. Pope, Daniel G. Hallstrom and Michael E. Darden 13. Katrina: A Third World Catastrophe? Edward J. Clay 14. Hurricane Katrina and Housing: Devastation, Possibilities and Prospects Raphael W. Bostic and Danielle Molaison 15. Unnatural Disaster: Social Impacts and Policy Choices after Katrina John R. Logan Index

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Book SynopsisWhen law and economics first became an important part of the legal academy, it was a relatively straightforward application of microeconomic theory to legal issues. However, in the past 40 years the field has expanded its toolkit dramatically. This latest volume in the acclaimed Encyclopedia of Law and Economics maps the methodological territory in law and economics with a series of entries by distinguished scholars.These entries introduce and evaluate the law and economics mechanisms, including: the roles of microeconomic theory, public and social choice, history, complexity theory, philosophy, comparative law studies, behavioral economics and empirical techniques. Each one introduces a methodology, demonstrates its importance to the field of law and economics and assists the reader in navigating the leading literature on that topic.This volume will be an essential reference for all those who research or teach law and economics, law and society or empirical methods in law.Contributors include: N. Garoupa, D. Klerman, M.J. McGinnis, T.J. Miceli, M. Pargendler, D. Roithmayr, H. Spector, M.L. Stearns, T.S. UlenTrade Review'Thomas S. Ulen has brought together a compendium of outstanding essays in Methodologies of Law and Economics that will appeal to both students of and established scholars in law and economics as well as those who are interested in exploring the development of an intriguing academic discipline that has grown and evolved over the last 40 years. While outsiders to the field might perceive law and economics to be a monolithic discipline, Ulen has succeeded in illustrating its broad array of approaches - theoretical, empirical, historical - all of which can be influenced by insights beyond economics from psychology, sociology, philosophy, political science and more. I was delighted to read and learn from this illuminating collection of essays that could only be synthesized by someone with Ulen's vast depth of knowledge of the field and capacious intellectual scope.' --John Donohue, Stanford Law School, US'Law and economics has been described as a ''death star'' gobbling up the insights of allied social sciences. In this lively collection, Tom Ulen and a diverse team of scholars cast the assimilationist breadth of law and economics methods in a more positive light - showing how there is not just a law and economics of history and philosophy, but a law and economics of everything from biology and neuroscience to feminism and evolution.' --Ian Ayres, Yale Law School, US'This book provides an updated perspective on ''law and economics,'' emphasizing that the term now refers to a set of methodologies going beyond the conventionally economic, embracing the study of norms, behavioral and psychological factors, evolutionary mechanisms, and more. It begins with a useful overview authored by its editor, Professor Thomas Ulen, and I recommend it to those interested in the functional analysis of law.' --Steven Shavell, Harvard University, USTable of ContentsContents: 1. The Changing Methodologies of Law and Economics. Thomas S. Ulen 2. The Use of Economics for Understanding Law: One View of the Cathedral. Thomas J. Miceli 3. A Public Choice Perspective Maxwell L. Stearns 4. A Social Choice View of Law and Economics Maxwell L. Stearns and Megan J. McGinnis 5. Legal Philosophy and Law and Economics Horacio Spector 6. Economic Analysis of Legal History Dan Klerman 7. Evolutionary Dynamic Theory and Empirical Method Daria Roithmayr 8. A Law and Economics Perspective on Legal Families Nuno Garoupa and Mariana Pargendler 9. Behavioral Law and Economics Thomas S. Ulen 10. Empirical Law and Economics Thomas S. Ulen Index

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Book SynopsisThe Chinese insurance industry has experienced rapid development during the past decade. This original book is the first English language study in the literature to address the efficiency issue of the Chinese insurance sector, and presents a comprehensive review on alternative methodologies for analyzing firm efficiency.The authors suggest alternative ways to improve performance of insurance companies in China and make useful policy recommendations on regulation, competition and development of the insurance industry. They expand the applications of data envelopment analysis and stochastic frontier analysis in the literature on technical efficiency and discuss managerial implications for both insurance companies and policymakers.Performance of the Chinese Insurance Industry under Economic Reforms will be significant for academic researchers and students of economics, finance and business. Managers of financial institutions in China and the rest of the world will find this important book intriguing, as will policymakers and regulators working in the financial and insurance industries.Trade Review‘Performance of the Chinese Insurance Industry under Economic Reforms is an excellent account of the development and efficiency of the Chinese insurance sector. The book is a significant read for academic researchers, policymakers, and students of economics, finance, and business, in particular for those interested in the complex insurance sector in China’s dynamic economy. . . this is an important book for both an academic and a policy audience. As the first empirical study of its kind, it provides insights in the development and key issues for China’s insurance sector.’ -- Christine Loh, China InformationTable of ContentsContents: Preface 1. Introduction 2. China’s Insurance Market – Development Issues 3. Review of Efficiency Studies in the Insurance Sector 4. Efficiency Concepts and DEA Measures 5. DEA Applications to Insurance Companies in China 6. Managerial Implications: Further Exploration 7. SFA Applications and Robustness of DEA Results 8. Malmquist Index Development of Insurance Companies in China 9. Conclusion, Policy Recommendations and Further Research Directions Appendices Bibliography Index

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Book SynopsisThe law and economics movement came of age in the second half of the 20th century and had a profound effect on both the scholarship and practice of law. The specially commissioned essays in this book honor the pioneering contributions of those who created the foundation of the modern law and economics enterprise. The editors of the volume embrace a view of the field that is inclusive not only of a broad range of issues, but also of economic methods. Celebrated here as the founding pioneers of law and economics is a remarkably varied collection of scholars: applied and theoretical micro-economists, founders of public choice economics, and legal scholars and judges. They include: Ronald Coase, Aaron Director, George Stigler, Armen Alchian, Harold Demsetz, Benjamin Klein, James Buchanan, Gordon Tullock, Henry Manne, Richard Posner, Gary Becker, William Landes, Richard Epstein, Guido Calabresi, Frank Easterbrook, Daniel Fischel, Steven Shavell and A. Mitchell Polinsky. Contributors to the volume include other pioneers, former students and clerks, colleagues, and influential scholars in the field.Scholars and students working in the tradition of law and economics, as well as those in the fields of economics, law and public policy will find the book an essential reference for this important area of scholarship.Trade Review'. . . pure gems in each and every essay. . . Reading this book provides an intellectual framework for the history of thought in the field that until now it had sorely lacked.' -- Zagros Madjd-Sadjadi, American Review of Political EconomyTable of ContentsContents: Introduction 1. Ronald H. Coase Thomas W. Hazlett 2. Aaron Director Remembered Stephen M. Stigler 3. Aaron Director’s Influence on Antitrust Policy Sam Peltzman 4. George J. Stigler and his Contributions to Law and Economics Harold Demsetz 5. The Enduring Contributions of Armen Alchian Susan Woodward 6. Harold Demsetz Mark F. Grady 7. Benjamin Klein’s Contributions to Law and Economics Joshua D. Wright 8. Buchanan and Tullock on Law and Economics Robert D. Tollison 9. Henry Manne: Intellectual Entrepreneur Larry E. Ribstein 10. Gary Becker’s Contributions to Law and Economics John F. Pfaff 11. Pioneers of Law and Economics: William M. Landes and Richard A. Posner Thomas S. Ulen 12. Putting Law First: Richard Epstein’s Contribution to Law and Economics Andrew P. Morriss 13. Calabresi’s Influence of Law and Economics Keith N. Hylton 14. Easterbrook and Fischel Katherine V. Litvak 15. The Path Breaking Contributions of A. Mitchell Polinsky and Steven Shavell to Law and Economics Nuno Garoupa and Fernando Gómez-Pomar Index

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Book SynopsisThis wide-ranging Handbook is the first major compilation of the theoretical and empirical research that is forging the new and exciting paradigm of evolutionary economic geography. The book's distinguished contributors set out the theoretical, methodological and empirical foundations of an evolutionary perspective on the economic landscape. In so doing, they explore the interplay between organizational dynamics, industrial dynamics and space; analyze the nature and spatial evolution of networks; address the evolution of institutions in territorial contexts; and explore the evolution of agglomerations and clusters. This original reference work will undoubtedly play an important and formative role in influencing the future research agenda of evolutionary economic geography. It will strongly appeal to scholars, researchers and students in economic geography, regional economics, evolutionary economics, industrial economics, management and organizational studies, and related fields. Contributors: C. Antonelli, R. Boschma, G. Bottazzi, S. Breschi, U. Cantner, G. Cioccarelli, P. Cooke, M.S. Dahl, B. Dalum, C. de Laurentis, S. Denicolai, P. Dindo, J. Essletzbichler, L. Fleming, K. Frenken, E. Giuliani, J. Glückler, H. Graf, R. Hassink, S. Iammarino, J. Lambooy, C. Lenzi, F. Lissoni, A. Malmberg, R. Martin, P. Maskell, P. McCann, C.R. Ostergaard, D.L. Rigby, J.W. Rivkin, E.W. Schamp, J. Simmie, O. Sorenson, U. Staber, E. Stam, S. Strambach, P. Sunley, A. Vezzulli, A. ZucchellaTrade Review‘The Handbook of Evolutionary Economic Geography is a comprehensive collection of topics in the newly emerging paradigm of evolutionary economic geography. . . The introduction, like those in any good collection, links up the papers in this Handbook by the basis of an evolutionary thinking behind the wide scales of topics. . . the 24 articles included in The Handbook of Evolutionary Economic Geography have a wide coverage of varying angles, all of which shed light on this emerging paradigm from different aspects. . . this book has definitely achieved its goal of ''playing a formative role in influencing the future research agenda in this area''. It is therefore highly recommended to researchers who want to dip further into evolutionary economic geography or those who simply want to get an overall profile of its development.’ -- Tian Miao, Growth and Change’[T]he Handbook is a very significant achievement in that it provides a thorough and detailed overview of the EEG project through the insights of its leading thinkers and practitioners. As such, it is crucial reading both for scholars who are already using evolutionary ideas in their research and for ones curious about what EEG is and why other economic geographers and regional scientists should pay attention to it.’ -- James T. Murphy, Journal of Regional Science‘The Handbook of Evolutionary Economic Geography represents an important and authoritative statement of the ''state of the art'' in the field of EEG. It can be recommended as key resource for researchers in economic geography and spatial economics.’ -- Danny Mackinnon, Regional StudiesTable of ContentsContents: Introduction: The New Paradigm of Evolutionary Economic Geography 1. The Aims and Scope of Evolutionary Economic Geography Ron Boschma and Ron Martin PART I: CONCEPTUAL CHALLENGES IN EVOLUTIONARY ECONOMIC GEOGRAPHY 2. Generalized Darwinism and Evolutionary Economic Geography Jürgen Essletzbichler and David L. Rigby 3. The Place of Path Dependence in an Evolutionary Perspective on the Economic Landscape Ron Martin and Peter Sunley 4. Complexity Thinking and Evolutionary Economic Geography Ron Martin and Peter Sunley 5. The Spatial Evolution of Innovation Networks: A Proximity Perspective Ron Boschma and Koen Frenken PART II: FIRM DYNAMICS, INDUSTRIAL DYNAMICS AND SPATIAL CLUSTERING 6. Entrepreneurship, Evolution and Geography Erik Stam 7. Pecuniary Externalities and the Localized Generation of Technological Knowledge Cristiano Antonelli 8. The Relationship between Multinational Firms and Innovative Clusters Simona Iammarino and Philip McCann 9. Emergence of Regional Clusters: The Role of Spinoffs in the Early Growth Process Michael S. Dahl, Christian R. Østergaard and Bent Dalum 10. A Social-Evolutionary Perspective on Regional Clusters Udo Staber 11. Evolutionary Economic Geography: Regional Systems of Innovation and High-tech Clusters Philip Cooke and Carla de Laurentis PART III: NETWORK EVOLUTION AND GEOGRAPHY 12. Clusters, Networks and Economic Development: An Evolutionary Economics Perspective Elisa Giuliani 13. Reputation, Trust and Relational Centrality in Local Networks: An Evolutionary Geography Perspective Stefano Denicolai, Antonella Zucchella and Gabriele Cioccarelli 14. The Evolution of a Strategic Alliance Network: Exploring the Case of Stock Photography Johannes Glückler 15. Complexity, Networks and Knowledge Flows Olav Sorenson, Jan W. Rivkin and Lee Fleming 16. The Geography of Knowledge Spillovers: The Role of Inventors’ Mobility Across Firms and in Space Stefano Breschi, Camilla Lenzi, Francesco Lissoni and Andrea Vezzulli 17. Growth, Development and Structural Change of Innovator Networks: The Case of Jena Uwe Cantner and Holger Graf PART IV: INSTITUTIONS, CO-EVOLUTION AND ECONOMIC GEOGRAPHY 18. An Evolutionary Approach to Localized Learning and Spatial Clustering Anders Malmberg and Peter Maskell 19. Path Dependence and Path Plasticity: The Co-evolution of Institutions and Innovation – the German Customized Business Software Industry Simone Strambach 20. On the Notion of Co-evolution in Economic Geography Eike W. Schamp 21. Locked in Decline? On the Role of Regional Lock-ins in Old Industrial Areas Robert Hassink PART V: STRUCTURAL CHANGE, AGGLOMERATION EXTERNALITIES AND REGIONAL BRANCHING 22. The Evolution of Spatial Patterns over Long Time-Horizons: The Relation with Technology and Economic Development Jan Lambooy 23. The Information Economy and its Spatial Evolution in English Cities James Simmie 24. An Evolutionary Model of Firms’ Location with Technological Externalities Giulio Bottazzi and Pietro Dindo Index

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Book Synopsis`The Handbook of Innovation and Services is an exceptional volume. Its contributors, including Faiz Gallouj, William Baumol, Jean Gadrey, and Pascal Petit, are among the major thinkers in both the fields of the economics of services and the economics of innovation. Selected topics include the "cost disease", services innovation in the global economy, social innovation in the services, and innovation and employment in services. The book, I am sure, will become a standard reference volume in both these fields in the ensuing years.'---Edward Wolff, New York University, USAThis Handbook brings together 49 international specialists to address an issue of increasing importance for the world's post-industrial economies; innovation as it relates to services.Contemporary economies have two fundamental characteristics. Firstly, they are service economies in as much as services account for more than 70 per cent of the wealth and jobs in most developed countries. Secondly, they are innovation economies as recent decades have seen an unprecedented development of scientific, technological, organisational and social innovations. This Handbook expertly links these two major characteristics in order to investigate the role of innovation in services, an issue that until now has been inadequately explored and one that poses many theoretical and operational challenges. This comprehensive volume encompasses the views of eminent scholars from a range of disciplines including economics, management, sociology and geography, and draws on a number of different analytical and methodological perspectives.With its multi-disciplinary approach this Handbook will be an invaluable reference source for academics and students in the fields of economics, management and the geography of services and innovation. Public authorities and managers in the service sector will also find this book fascinating.Trade Review‘This book represents a significant step towards dealing with the lacuna constituted by the inadequacy of the literature on the services. And, as such, it approaches its task from a variety of directions.’ -- From the foreword by William J. Baumol, New York University, US‘The Handbook of Innovation and Services is an exceptional volume. Its contributors, including Faïz Gallouj, William Baumol, Jean Gadrey, and Pascal Petit, are among the major thinkers in both the fields of the economics of services and the economics of innovation. Selected topics include the “cost disease”, services innovation in the global economy, social innovation in the services, and innovation and employment in services. The book, I am sure, will become a standard reference volume in both these fields in the ensuing years.’ -- Edward Wolff, New York University, USTable of ContentsContents: Foreword William J. Baumol Introduction: Filling the Innovation Gap in the Service Economy – A Multidisciplinary Perspective Faïz Gallouj and Faridah Djellal PART I: SERVICES AND INNOVATION: CONCEPTUAL AND ANALYTICAL FRAMEWORKS 1. Towards a Theory of Innovation in Services: A State of the Art Faïz Gallouj and Maria Savona 2. Innovation in Services: A New Paradigm and Innovation Model André Barcet 3. Services and Innovation and Service Innovation: New Theoretical Directions Jeremy Howells 4. The Two-sided Cost Disease and its Frightening Consequences William J. Baumol 5. The Environmental Crisis and the Economics of Services: The Need for Revolution Jean Gadrey PART II: THE NATURE OF INNOVATION IN SERVICES: SECTORAL ANALYSES AND CASE STUDIES 6. Innovation in Public Health Care: Diabetes Education in the UK Paul Windrum, Manuel García-Goñi and Eileen Fairhurst 7. The Economics of Knowledge Interaction and the Changing Role of Universities Cristiano Antonelli, Pier Paolo Patrucco and Federica Rossi 8. Innovation and Creative Services Ian Miles and Lawrence Green 9. Social Innovation, Social Enterprise and Services Denis Harrisson, Juan-Luis Klein and Paul Leduc Browne PART III: ORGANISATIONAL AND STRATEGIC PATTERNS FOR SERVICE INNOVATION 10. Different Types of Innovation Processes in Services and their Organisational Implications Marja Toivonen 11. Service Innovation: Development, Delivery and Performance Joe Tidd and Frank M. Hull 12. The Toilsome Path of Service Innovation: The Effects of the Law of Low Human Multi-task Capability Jon Sundbo 13. Customer Integration in Service Innovation Bo Edvardsson, Anders Gustafsson, Per Kristensson and Lars Witell 14. Collaborative Innovation in Services Christiane Hipp 15. Knowledge Regimes and Intellectual Property Protection in Services: A Conceptual Model and Empirical Testing Knut Blind, Rinaldo Evangelista and Jeremy Howells PART IV: INNOVATION IN SERVICES AND THROUGH SERVICES: IMPACT ANALYSES (GROWTH, PERFORMANCE, EMPLOYMENT AND SKILLS) 16. Innovation and Employment in Services Rinaldo Evangelista and Maria Savona 17. Innovation and Services: On Biases and Beyond Pascal Petit 18. How Important are Knowledge-Intensive Services for their Client Industries? An Assessment of their Impact on Productivity and Innovation José A. Camacho and Mercedes Rodriguez PART V: INNOVATION IN SERVICES AND NATIONAL AND INTERNATIONAL SPACES 19. Services Innovation in a Globalized Economy Peter Daniels 20. Outsourcing and Offshoring of Knowledge-Intensive Business Services: Implication for Innovation Silvia Massini and Marcela Miozzo 21. Innovation and Internationalization: A Dynamic Coupling for Business-to-Business Services Jean Philippe and Pierre-Yves Léo 22. The Role of Standards for Trade in Services: Hypotheses and First Insights Knut Blind 23. Global and National Cooperation in Service Innovation Xavier Vence and Alexandre Trigo 24. Entrepreneurship and Service Innovation: A Challenge for Local Development Marie-Christine Monnoyer-Longé 25. A Dominant Node of Service Innovation: London’s Financial, Professional and Consultancy Services Peter Wood and Dariusz Wójcik PART VI: INNOVATION IN SERVICES AND PUBLIC POLICY 26. Policy Frameworks for Service Innovation: A Menu-Approach Pim den Hertog and Luis Rubalcaba 27. The Innovation Gap and the Performance Gap in the Service Economies: A Problem for Public Policy Faridah Djellal and Faïz Gallouj PART VII: SERVICE INNOVATION: BEYOND SERVICE SECTORS 28. Service Innovation and Manufacturing Innovation: Bundling and Blending Services and Products in Hybrid Production Systems to Produce Hybrid Products John R. Bryson 29. A Customer Relationship Typology of Product Services Strategies Olivier Furrer 30. Innovation in Product-Related Services: The Contribution of Design Theory Sylvain Lenfle and Christophe Midler 31. Innovation in Construction Jan Bröchner Index

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Book SynopsisThis important book takes a critical view on regional industry clusters, in particular their identification and formation, and the policies which help create and support them. The distinguished international contributors comprehensively discuss the theoretical and empirical issues concerning clusters and cluster policy from a regional economic perspective. Based on a broad range of methods, the authors derive results about the existence and structure of regional industrial clusters and assess their contribution to the development of regions. As a whole, the book examines the hyperbole that often surrounds clusters by employing sound scientific evidence and rigorous analysis.Academics and advanced students of regional science, regional economics and economic geography will find the academic discussion of spatial concentrations of economic activities to be of much interest. Policymakers will also appreciate the critical approach taken towards the currently fashionable cluster policy.Trade Review'. . . this book will be of greatest interest to empirical researchers who wish to stay up-to-date with the recent work from both sides of the Atlantic. The blend of methods, empirics, and policy will also be of value to researchers that are interested in understanding the policy context of their research.' -- Henry Renski, Review of Regional StudiesTable of ContentsContents: 1. The Starting Point Uwe Blien and Gunther Maier 2. Innovation Dynamics and the Structure and Evolution of Industrial Clusters Simona Iammarino and Philip McCann 3. First Steps Towards a Critical Appraisal of Clusters André Torre 4. A Network Based Approach Towards Industry Clustering Juan C. Duque and Sergio J. Rey 5. Industry-specific Spatial Agglomerations in Germany Thomas Brenner 6. Sectoral Concentration, Business Networks and Innovative Competences in East Germany – An Empirical Approach to Identify Economic Clusters Martin T.W. Rosenfeld, Peter Franz and Gerhard Heimpold 7. Clusters and the Spatial Structure of Wages in Rio Grande do Sul (Brazil): A Multilevel Approach Leonardo Monteiro Monasterio 8. Measuring Specialisation and Concentration in Regional Clusters – An Empirical Analysis for Eastern Bavaria Joachim Möller and Nicole Litzel 9. Inter-Firm Relations and Economic Clustering in the Dutch Randstad Region Frank G. van Oort, Martijn J. Burger and Otto Raspe 10. The Contribution of New and Young Firms to the Economic Development of Clusters in Germany: Comparative Analysis of a Growing, a Mature and a Declining Cluster Anne Otto and Stefan Köhler 11. On Building Clusters versus Leveraging Synergies in the Design of Innovation Policy for Developing Economies Edward Feser 12. Geographic Concentration of Sectors in the German Economy: Some Unpleasant Macroeconomic Evidence for Regional Cluster Policy Björn Alecke, Christoph Alsleben, Frank Scharr and Gerhard Untiedt 13. Clusters and Networks. . . Their Spell Has By No Means Been Broken! Martin Wrobel 14. Cluster Approaches to Local Economic Development: Conceptual Remarks and Case Studies from Lower Saxony, Germany Matthias Kiese Index

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Book SynopsisThe discipline of law and economics has earned a reputation for developing plausible and empirically testable theories on the social functions and the impact of legal institutions. Property rights are a field in which this has been very successful. In this book, economic property rights theories are applied to case law in order to examine the practice and solution of real life conflicts. The author examines the economic problems which are dealt with in these cases and evaluate the courts’ decisions from an economic angle. Cases are examined from across the UK, the US, Germany, Belgium and Canada to allow international comparisons to be made. These comparisons reveal that, regardless of the legal system, many legal issues have similar economic roots and therefore similar models of economic analysis can be applied. The analysis of these cases also shows that the discipline of law and economics is not only successful in developing explanatory models but also useful to generate better considerations and solutions for legal conflicts in individual cases. This book aims to bridge the gap between the academic and professional literature and demonstrate the benefits of the economic analysis of property rights cases to all those who are interested in law and economics.Trade Review'This book contains illuminating and carefully written literature reviews on the central topics of the economics of property rights and institutions. As a bonus, it includes two fascinating chapters on topics off the beaten path - slavery and new types of property rights in environmental goods. This book will be indispensible for students and experienced scholars alike.' -- Eric Posner, University of Chicago Law School, USTable of ContentsContents: 1. Introduction Boudewijn Bouckaert 2. Property Rights in Legal History Kim Hoofs 3. Property Rights: A Comparative View Sjef van Erp and Bram Akkermans 4. Private and Common Property Rights Elinor Ostrom and Charlotte Hess 5. Original Assignment of Private Property Boudewijn Bouckaert 6. Decomposition of Property Rights Jeffrey Evans Stake 7. Nuisance Timothy Swanson and Andreas Kontoleon 8. Adverse Possession Ben Depoorter 9. Title Systems and Recordation of Interests Boudewijn Bouckaert 10. The Economics of Slavery Jenny Wahl 11. New Forms of Private Property: Property Rights in Environmental Goods Daniel H. Cole 12. Security Interests, Creditors’ Priorities, and Bankruptcy James W. Bowers Index

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Book SynopsisThe inclusion of software and algorithms in the scope of patents by the US Patent and Trademark Office has propelled an ongoing debate on the contribution of patents to innovation and economic growth. This book examines the effects of Intellectual Property Rights (IPRs), namely patents and copyrights, on innovation and technical change in information technologies. It provides new insights on the links between markets, technologies and legislation by applying a variety of empirical and analytical methods. The book also explores the success of the Open Source movement to establish an alternative regime for IPRs by illuminating the rationale behind it and illustrating how Open Source can strategically be used by firms.Initially the book analyzes the role of IPRs by building upon the literature on the economics of innovation and technical change and on insights from evolutionary economics - in particular, the role of knowledge in the economy. It then goes on to analyze the evolution of IPR regimes and IPR policies with regards to IT and software technologies and products and elaborates their impact on innovation. Finally, a series of empirical and analytical models are provided to elaborate the balance between monopoly rights (by patent and copyrights) and knowledge disclosure as an input for innovation and technological development. Elad Harison's book will appeal to researchers and academics of law and economics, policymakers such as the European Commission, Patent offices, EPO, OECD, as well as directors and strategic managers in large software companies.Trade Review'. . . this book represents a helpful reading for understanding the economic concepts and rationales of intellectual property rights of software technologies. It will interest both law and economics academics involved with patents and copyrights of software technologies.' -- Ghufran Sukkaryeh, European Intellectual Property Review'The role of the academic is rarely that of telling the software innovator how to run his business, but he plays a valuable role in explaining how, and why, a new business model has been made to work and how others might subsequently apply and further evolve it. Books like that of Professor Harison can help to do just that.' -- IPKATTable of ContentsContents: 1. Introduction 2. The Economic Rationale of Intellectual Property Rights 3. The Role and Performance of IPRs 4. Revealing Obscure Sources 5. Benefiting from Intellectual Property and Free Disclosure 6. Designed for Innovation: The Structure of IPR Regimes 7. Owning Technology 8. Proposed Framework for Analyzing IPRs 9. Conclusions 10. References Appendix A: Proof of Propositions 5 and 6 Appendix B: Distribution of Patents Index

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Book Synopsis"If Augustin Cournot had still been alive, he could have won the Nobel Memorial Prize in Economics on at least three different occasions", exclaimed Nobel Laureate Robert Aumann during the 2005 Cournot Centre conference.From his earliest publications, Cournot broke from tradition with his predecessors in applying mathematical modelling to the social sphere. Consequently, he was the first to affirm the mathematization of social phenomena as an essential principle. The fecundity of Cournot's works stems not only from this departure, but also from a richness that irrigated the social sciences of the twentieth century. In this collection, the contributors - including two Nobel laureates in economics - highlight Cournot's profound innovativeness and continued relevance in the areas of industrial economics, mathematical economics, market competition, game theory and epistemology of probability and statistics. Each of the seven authors reminds us of the force and modernity of Cournot's thought as a mathematician, historian of the sciences, philosopher and, not least, as an economist.Combining an epistemological perspective with a theoretical one, this book will be of great interest to researchers and students in the fields of economics, the history of economic thought, and epistemology.Trade Review'. . . readers, especially those with a methodological orientation, will find in this book useful material of a kind not so frequently available in more traditional HET books and journals.' -- Nicola Giocoli, Storia del Pensiero Economico'Augustin Cournot: Modelling Economics is not a biography, but rather a reflection on those ideas of Cournot that persist today and what we can still learn from this great thinker. One cannot help but wonder at the wide range of accomplishments detailed in this book, but the discussion of Cournot's missteps is an unexpected highlight. . . this book should appeal to those who would like to learn more about Cournot as well as the various settings in which his thoughts have been embraced or rejected.' -- Lauren E. Feiler, Journal of Economic Literature'This rich and fascinating collection of essays helps enormously to establish the reputation of Augustin Cournot as a diverse and powerful thinker, whose numerous contributions range far beyond his widely acknowledged model of oligopoly. Cournot is revealed not merely as a mathematician, but one who was engaged in philosophical debates concerning epistemology and the nature of science. Anyone with the preconception that the development of modern economics was confined to the Anglophone world - from Smith through Marshall to the Nobel Laureates of today - will be amazed by the details of Cournot's contribution revealed here.' -- Geoffrey M. Hodgson, University of Hertfordshire, UKTable of ContentsContents: Preface About the Series: Professor Robert Solow The Complete Works of Antoine Augustin Cournot Chronological Biography of Antoine Augustin Cournot Introduction Thierry Martin and Jean-Philippe Touffut 1. Cournot as Economist: 200 Years of Relevance Jean Magnan de Bornier 2. Cournot’s Probabilistic Epistemology Thierry Martin 3. The Functions of Economic Models Bernard Walliser 4. From Cournot’s Principle to Market Efficiency Glenn Shafer 5. War and Peace Robert J. Aumann 6. Cournot and the Social Income Robert M. Solow 7. Comparing the Incomparable: The Sociology of Statistics Alain Desrosières Index

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Book SynopsisThe genesis and diffusion of innovation depends upon the density of the cognitive and market relationships among individuals, organisations and institutions at both the micro- and macro-economic level. By addressing the nature of these relationships, which include cooperation, competition and power, this book presents an important and progressive enquiry into the economic and social origins of innovation.The authors in the book stress the importance of cognitive and economic linkages in the assessment and analysis of innovation within the enterprise, within local and national economies and at the international level. They present a series of interesting studies of research labs, enterprises and networks, systems of innovation and innovative milieux to present emerging ideas from different theoretical traditions. They also demonstrate how specific actors, such as the State or certain individual enterprises, are able to determine the process of diffusion, coordination and standardisation of knowledge and technologies. Thus, economic and political power is a key notion that permeates the book. Taking the renewal of technologies and markets as a starting point, the book also clearly shows that military programmes and industries constitute one of the engines of capitalist economies.This book will interest and inform a broad readership of scholars and students working on the economics and management of innovation, the economics of technology policy and business studies.Trade Review'. . . A high quality book that will be of use and interest to students of technology policy.' -- Australian Economic History Review'The Genesis of Innovation presents valuable research and conclusions.' -- Maja Levi-Jaksic, Ekonomska PolitikaTable of ContentsContents: Introduction: Knowledge, Innovation Systems and the Role of Power Blandine Laperche, Dimitri Uzunidis and Nick von Tunzelmann PART I: CORE LINKAGES IN THE GENESIS OF INNOVATION: THE KNOWLEDGE DIMENSION 1. Towards a Communicative Theory of Innovation Stefan Kesting 2. The Division of Scientific Labour and the Sharing of Knowledge Marie-Pierre Bès 3. Proprietary vs. Open-Access Dimensions of Knowledge Marc Isabelle 4. Towards an Integrated Patent System and Innovation Prospects in Europe Alfredo Ilardi and Blandine Laperche PART II: MILITARY-BASED INNOVATION NETWORKS 5. The Relationship between Military and Commercial Technologies: An Empirical and Analytical Perspective Claude Serfati 6. Theory and Practice in Knowledge Transfer: The Emergence of ‘Interface Structures’ Elena Castro-Martínez, Ignacio Fernández-de-Lucio and Jordi Molas-Gallart 7. Dual Technological Knowledge and the Firm’s Trade-Off between Civilian and Military Activities Michel Callois PART III: FROM KNOWLEDGE TO MARKET: SYSTEMIC LINKS AT THE LOCAL LEVEL 8. The Logic of the Innovative Milieu Dimitri Uzunidis 9. The Entrepreneur’s ‘Resource Potential’, Innovation and Networks Sophie Boutillier, Blandine Laperche and Dimitri Uzunidis 10. Cooperative Networks and Clustering of High-Technology SMEs: The Case of Brisbane Technology Park Kavoos Mohannak and Robyn Keast 11. Clumps or Clusters: A Case Study of Biotechnology and Life Sciences in the Seattle Area Paul Sommers Index

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Book SynopsisThis unique and timely book offers an up-to-date, clear and comprehensive review of the economic literature on contract law. The topical chapters written by leading international scholars include: pre-contractual liability, misrepresentation, duress, gratuitous promises, gifts, standard form contracts, interpretation, contract remedies, penalty clauses, impracticability and foreseeability. Option contracts, warranties, long-term contracts, marriage contracts, franchise contracts, quasi-contracts, behavioral approaches, and civil contract law are also discussed.This excellent resource on contract law and economics will be particularly suited to contract law scholars, law teachers, policy makers, and judges. For experts in and practitioners of contract law this will be a key book to buy.Trade Review‘Contract Law and Economics is an excellent collection of surveys in the field. The book will be of interest to those who are experts as the chapters present unique insights into recent contributions. At the same time, the surveys are very accessible to those who want an introduction to the important results in the economic analysis of contract law. I strongly recommend this book.' -- Donald Wittman, University of California, Santa Cruz, US'This volume on contract law and economics is distinguished by its breadth - covering contract formation, interpretation, and remedies for breach, among other areas - its variety of perspectives, and its accessibility to readers. I recommend it highly to any person interested in contract law, whether or not already versed in the economic approach to law.' -- Steve Shavell, Harvard Law School, USTable of ContentsContents: 1. Introduction Gerrit De Geest PART I: FORMATION AND INTERPRETATION 2. Precontractual Liability Eleonora C. Melato 3. Contractual Mistake and Misrepresentation Qi Zhou 4. Duress Péter Cserne 5. Gratuitous Promises Robert A. Prentice 6. Gifts, Wills and Inheritance Law Pierre Pestieau 7. Standard Form Contracts Clayton P. Gillette 8. Interpretation and Implied Terms in Contract Law George M. Cohen PART II: REMEDIES 9. Contract Remedies: General Paul G. Mahoney 10. Penalty Clauses and Liquidated Damages Steven Walt 11. Impossibility and Impracticability Donald J. Smythe 12. Foreseeability Peter van Wijck 13. Option Contracts and the Holdup Problem Abraham L. Wickelgren 14. Warranties Klaus Wehrt PART III: LONG-TERM CONTRACTS 15. Long-term Contracts and Relational Contracts Nick van der Beek 16. Long-term Contracts in the Law and Economics Literature Mireia Artigot i Golobardes and Fernando Gómez Pomar 17. Marriage Contracts Antony W. Dnes 18. Franchise Contracts Antony W. Dnes PART IV: PERSPECTIVES 19. Behavioral Approaches to Contract Law Ann-Sophie Vandenberghe 20. The Civil Law of Contract Ejan Mackaay 21. Unjust Enrichment and Quasi-Contracts Christopher T. Wonnell Index

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Book Synopsis"If Augustin Cournot had still been alive, he could have won the Nobel Memorial Prize in Economics on at least three different occasions", exclaimed Nobel Laureate Robert Aumann during the 2005 Cournot Centre conference.From his earliest publications, Cournot broke from tradition with his predecessors in applying mathematical modelling to the social sphere. Consequently, he was the first to affirm the mathematization of social phenomena as an essential principle. The fecundity of Cournot's works stems not only from this departure, but also from a richness that irrigated the social sciences of the twentieth century. In this collection, the contributors - including two Nobel laureates in economics - highlight Cournot's profound innovativeness and continued relevance in the areas of industrial economics, mathematical economics, market competition, game theory and epistemology of probability and statistics. Each of the seven authors reminds us of the force and modernity of Cournot's thought as a mathematician, historian of the sciences, philosopher and, not least, as an economist.Combining an epistemological perspective with a theoretical one, this book will be of great interest to researchers and students in the fields of economics, the history of economic thought, and epistemology.Trade Review'. . . readers, especially those with a methodological orientation, will find in this book useful material of a kind not so frequently available in more traditional HET books and journals.' -- Nicola Giocoli, Storia del Pensiero Economico'Augustin Cournot: Modelling Economics is not a biography, but rather a reflection on those ideas of Cournot that persist today and what we can still learn from this great thinker. One cannot help but wonder at the wide range of accomplishments detailed in this book, but the discussion of Cournot's missteps is an unexpected highlight. . . this book should appeal to those who would like to learn more about Cournot as well as the various settings in which his thoughts have been embraced or rejected.' -- Lauren E. Feiler, Journal of Economic Literature'This rich and fascinating collection of essays helps enormously to establish the reputation of Augustin Cournot as a diverse and powerful thinker, whose numerous contributions range far beyond his widely acknowledged model of oligopoly. Cournot is revealed not merely as a mathematician, but one who was engaged in philosophical debates concerning epistemology and the nature of science. Anyone with the preconception that the development of modern economics was confined to the Anglophone world - from Smith through Marshall to the Nobel Laureates of today - will be amazed by the details of Cournot's contribution revealed here.' -- Geoffrey M. Hodgson, University of Hertfordshire, UKTable of ContentsContents: Preface About the Series: Professor Robert Solow The Complete Works of Antoine Augustin Cournot Chronological Biography of Antoine Augustin Cournot Introduction Thierry Martin and Jean-Philippe Touffut 1. Cournot as Economist: 200 Years of Relevance Jean Magnan de Bornier 2. Cournot’s Probabilistic Epistemology Thierry Martin 3. The Functions of Economic Models Bernard Walliser 4. From Cournot’s Principle to Market Efficiency Glenn Shafer 5. War and Peace Robert J. Aumann 6. Cournot and the Social Income Robert M. Solow 7. Comparing the Incomparable: The Sociology of Statistics Alain Desrosières Index

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Book SynopsisThis insightful book offers a new way of looking at the arts, culture and the creative industries from the perspective of evolutionary economics.The creative industries are key drivers of modern economies. While economic analysis has traditionally advanced a market-failure model of arts and culture, this book argues for an evolutionary market dynamics or innovation-based approach. Jason Potts explores theoretical and conceptual aspects of an evolutionary economic approach to the study of the creative economy. Topics include creative businesses and labor markets, social networks, innovation processes and systems, institutions, and the role of creative industries in market dynamics and economic growth.Written by a leading academic expert in the field, this highly regarded compendium will prove essential for researchers and students of creative industries, cultural economics and evolutionary economics.Contents: 1. Introduction; 2. Cultural Economics vs Economics of Creative Industries; 3. Young, Creative and Extremely Rich; 4. Evolutionary Economics of Creativity; 5. Creativity under Competition and the Problem of Overshooting; 6. Creative Labour Markets and Signalling; 7. Identity Dynamics and Economic Evolution; 8. Social Network Markets; 9. Creative Industries Over an Innovation Trajectory; 10. Fashion and Economic Evolution; 11. Capitalism, Socialism and Culture; 12. Four Models of the Creative Industries; 13. Creative Clusters; 14. Novelty Bundling Markets; 15. Creative Industries and Economic Development; 16. Conclusion; ReferencesTable of ContentsContents: 1. Introduction 2. Cultural Economics vs Economics of Creative Industries 3. Young, Creative and Extremely Rich 4. Evolutionary Economics of Creativity 5. Creativity under Competition and the Overshooting Problem 6. Creative Labour Markets and Signalling 7. Identity Dynamics and Economic Evolution 8. Social Network Markets 9. Creative Industries Over an Innovation Trajectory 10. Fashion and Economic Evolution 11. Capitalism, Socialism and Culture 12. Four Models of the Creative Industries 13. Creative Clusters and Innovation 14. Novelty Bundling Markets 15. Creative Industries and Economic Development 16. Conclusion References Index

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Book SynopsisWhen Lord Harris of High Cross (Ralph Harris) died in October 2006, at the age of 81, the tributes to him described him as one of the 'men who changed Britain'. Friends and opponents alike acknowledged that Ralph, in his role as General Director of the Institute of Economic Affairs (IEA) and in partnership with his friend, Arthur Seldon, had been instrumental in providing the ideas and the intellectual entrepreneurship that sparked the 'Thatcher revolution' of the 1980s, transforming the British economy from one of the worst performers among developed countries to one of the best. This book selects from Ralph's considerable opus, revealing that economics need not always be a 'dismal science'. Economic analysis was, in the hands of Ralph Harris, deployed to great effect in plain language and with a wit and wisdom that made it fun.Colin Robinson's Introduction places Ralph Harris' work in context and provides an invaluable insight into the author's beliefs and personality.Ralph Harris in His Own Words will be warmly welcomed and read by academics and researchers of economics, politics and the history of ideas as well as those interested in the work of the Institute of Economic Affairs.Table of ContentsContents: Foreword Lord Howe of Aberavon Editor’s Introduction Colin Robinson PART I: PAPERS ON IEA-RELATED ACTIVITIES Living with Arthur Watch Out for the ‘Peter Principle’ Who Invented Buckingham? An Independent Station Now for ‘Planning’ Market versus State Behind Enemy Lines PART II: PAPERS ON MARKETS AND FREEDOM Adam Smith: Revolutionary for the Third Millenium Hayek: The Arch Radical Reactionary? The Challenge of a Radical Reactionary Morality and Markets: Gospel of an Economist No, Prime Minister! Ralph Harris Against the Consensus PART III: HOUSE OF LORDS SPEECHES No, Minister! (Early House of Lords Speeches, 1981–1984) House of Lords Speeches, 1984–2004 PART IV: SELECTED OBITUARIES The Times The Daily Telegraph The Economist The Independent The Financial Times Index

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Book SynopsisThis innovative book provides state-of-the-art analyses of the current condition of the economics of digital markets. The most recent developments in web technology are evolving, creating an increasingly deregulated environment. Much of the impetus for liberalisation is in response to multimedia convergence and the globalisation of markets, leading to uncertainties in the sector. Gary Madden and Russel Cooper examine the microeconomics of platform structure and firm competition within and between digital markets, modern theoretical treatments of regulatory intervention in digital markets and the consideration of forward-looking experimental analysis of demand for yet-to-be provided services. Bringing together a highly focused group of eminent scholars, this book will appeal to academics, postgraduate students, and both international treaty and national government agencies as well as market analysts.Trade Review'This is an unusually rich volume, which, in seventeen chapters written by international experts, considers in varied and original ways aspects of the economics of digital markets. . . Gary Madden and Russel Cooper have assembled an impressive array of scholars whose work covers the spectrum ranging from platform competition over market evolution and demand analysis to communication network policy. The book offers a wealth of information and theoretical thinking about key economic aspects of the evolution of information and communication technologies (ICT). . . This book is a valuable resource for those readers which are already deeply involved with digital markets and communication network policy and for those looking for an introduction to cutting edge issues in key economic aspects of the ICT evolution. In other words, the book is setting the stage for a new agenda in economics and providing an outline for solving problems in emerging digital markets.' -- Bert Sadowski, Telecommunications Policy'The Economics of Digital Markets makes a valuable contribution to the understanding of the microeconomic structure and the regulatory framework of a specific type of e-market - that of digital goods and information services. The editors have put together a well selected and organised collection of interesting papers and give an excellent overview in the introduction. . . the book is a pioneering work and we expect to see its theories and views taken up for further analytical and empirical work.' -- Geomina Turlea, Communications and StrategiesTable of ContentsContents: Foreword Introduction 1. Policy Towards Standardisation in Wireless Telecommunications Luís M.B. Cabral and David Salant 2. Assembling Platforms: Strategy and Competition Eric Brousseau and Thierry Pénard 3. Fines, Damages and the Technological Protection of Information Goods Claude Crampes, Abraham Hollander and Charbel Macdissi 4. Vertical Relationships and Horizontal Mergers in the Internet Edmond Baranes and Thomas Cortade 5. Strategic Commitments and the Principle of Reciprocity in Interconnection Pricing Nicholas Economides, Giuseppe Lopomo and Glenn Woroch 6. International Sourcing in European Telecommunications: Capability Development and Resource Interactions Carsten Zimmermann, Philipp Zimmermann and Dieter Lange 7. Network Economic Externalities in the Media and Telecommunications Industries Armando Calabrese, Massimo Gastaldi and Nathan Levialdi Ghiron 8. Forecasting ICT Business Markets: A Simultaneous Equation Modelling Approach Moshen Hamoudia and Miriam Scaglione 9. A Demand System Approach to Network Technology Expenditure Forecasting with Short Time-series Russel Cooper and Gary Madden 10. Estimating Wireless-only Household Penetration: A Local Perspective Paul Rappoport, James Alleman and Lester Taylor 11. Korean Mobile Number Policy and Provider Switching Behaviour Moon-Koo Kim, Jong-Hyun Park and Kyoung-Yong Jee 12. The Economic Impact of Alternative Interconnection Arrangements Among Network Operators Livio Cricelli, Michele Grimaldi and Nathan Levialdi Ghiron 13. Access-usage Complementarity, the Waterbed Effect and Mobile Termination Charges Regulation Aniruddha Banerjee 14. Network Neutrality and its Potential Impact on Digital Content Platforms Rob Frieden 15. Technological Advance and the Changing Structure of Transnational Standards Organisations D. Linda Garcia and Madhura K. Kale 16. Municipal Broadband Internet Initiatives: Lessons from US History Carol Ting 17. Network Neutrality: Theory and Practice Gerald R. Faulhaber Index

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Book SynopsisResearch Without Tears provides a concise and fascinating guide for those starting their first research project and writing a paper, report or thesis. John Creedy, a widely published writer himself in both journals and books, argues that the process of planning and executing a research project, and producing a research paper which communicates results in a clear and succinct way, is far from self-evident even to those with extensive experience of writing other types of report or essay. This unique and invaluable book therefore sets down explicitly some of those points that even experienced researchers often take for granted.The book covers topics including: planning a first research project; writing a first research paper; writing a thesis and the relationship with a supervisor; the differences between journal and book publishing and what to expect from editors of both publishing formats. It also offers invaluable advice on structure, writing clearly and pitfalls to avoid as well as the processes involved in publishing.This highly interesting and valuable book will be essential reading for students and academics in economics and other related disciplines.Trade Review‘Research Without Tears is. . . clearly presented and well structured. In fact it illustrates in its execution all the good advice on writing style Creedy gives to his readers. . . It will enhance any collection on research methods in the social sciences. It is hard to think of any research student who would not be grateful for the advice it gives.' -- The Electronic LibraryTable of ContentsContents: Preface Part I: Introduction 1. Introduction and Outline Part II: A First Research Paper 2. Starting Research 3. Writing a Research Paper Part III: Working on a PhD 4. The PhD Journey Part IV: Publishing Research 5. Books and Journals Compared 6. Publishing in Journals Bibliography Index

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Book SynopsisWith contributions from some of the leading scholars in law and economics, this comprehensive book summarizes the state of economic research on litigation, procedure and evidence. Among the topics covered are the settlement negotiations; discovery; the incentive to sue; theories of legal evidence; evidentiary misconduct; and the privilege against self-incrimination. Procedural Law and Economics will be a valuable reference tool for academics and post graduate students in law, business, and economics. Anyone with a general interest how legal process does and should work will also find much to interest them in this book. Contributors include: L. Bebchuk, R. Bone, A. Daughety, L. Froeb, G. Hadfield, K. Hylton, A. Katz, A. Klement, B. Kobayashi, L. Kornhauser, H. Lin, T. Miceli, T. Miles, E.A. O'Hara, J. Reinganum, L. Ribstein, C. Sanchirico, A. SteinTrade Review'The second edition of Procedural Law and Economics is an expanded and updated collection that highlights new developments and reiterates older themes. The volume will be essential reading both for economists who want an introduction to a core legal subject, and for legal scholars seeking new insights into the such topics as settlement, fee shifting, and class actions.' --Susan Rose-Ackerman, Yale University, US'The book is quite rightly referred to as essential reading for economists, graduate students in economics (of course), as well as those in law and business. . . the book is useful as a research tool, with any number of footnotes and bibliographies.' --Phillip Taylor MBE and Elizabeth Taylor, The Barrister MagazineTable of ContentsContents: Introduction 1. Adversarial versus Inquisitorial Justice Luke M. Froeb and Bruce H. Kobayashi 2. Appeal and Supreme Courts Lewis A. Kornhauser 3. Attorney-Client Confidentiality Gillian K. Hadfield and Shmuel Leshem 4. Class Action Robert G. Bone 5. Conflict of Laws and Choice of Law Erin O’Hara O’Connor and Larry E. Ribstein 6. Criminal Procedure: Empirical Analysis Thomas J. Miles 7. Detection Avoidance and Enforcement Theory Chris William Sanchirico 8. Discovery Robert G. Bone 9. Evidence: Theoretical Models Chris William Sanchirico 10. Fee Shifting Avery Wiener Katz and Chris William Sanchirico 11. Judicial Organization and Administration Lewis A. Kornhauser 12. Negative-Expected-Value Suits Lucian A. Bebchuk and Alon Klement 13. Preclusion Robert G. Bone 14. Self-incrimination Alex Stein 15. Settlement Andrew F. Daughety and Jennifer F. Reinganum 16. The Social versus Private Incentive to Sue Thomas J. Miceli 17. Trial Selection Theory and Evidence Keith N. Hylton and Haizhen Lin Index

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Book SynopsisResearch Without Tears provides a concise and fascinating guide for those starting their first research project and writing a paper, report or thesis. John Creedy, a widely published writer himself in both journals and books, argues that the process of planning and executing a research project, and producing a research paper which communicates results in a clear and succinct way, is far from self-evident even to those with extensive experience of writing other types of report or essay. This unique and invaluable book therefore sets down explicitly some of those points that even experienced researchers often take for granted.The book covers topics including: planning a first research project; writing a first research paper; writing a thesis and the relationship with a supervisor; the differences between journal and book publishing and what to expect from editors of both publishing formats. It also offers invaluable advice on structure, writing clearly and pitfalls to avoid as well as the processes involved in publishing.This highly interesting and valuable book will be essential reading for students and academics in economics and other related disciplines.Trade Review‘Research Without Tears is. . . clearly presented and well structured. In fact it illustrates in its execution all the good advice on writing style Creedy gives to his readers. . . It will enhance any collection on research methods in the social sciences. It is hard to think of any research student who would not be grateful for the advice it gives.' -- The Electronic LibraryTable of ContentsContents: Preface Part I: Introduction 1. Introduction and Outline Part II: A First Research Paper 2. Starting Research 3. Writing a Research Paper Part III: Working on a PhD 4. The PhD Journey Part IV: Publishing Research 5. Books and Journals Compared 6. Publishing in Journals Bibliography Index

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Book SynopsisSome famous pioneers together with the most promising new practitioners in the field show within this book how they define their subject. This is an authoritative survey of important branches of evolutionary economics, containing innovative new perspectives on market dynamics and evolutionary institutional mechanisms. The authors also tackle enduring problems in the field such as profound uncertainty and the significance of knowledge in economics.This coherent and focused book will appeal to a wide variety of scholars involved in evolutionary and institutional economics, and evolutionary theory. It will also appeal to researchers and students at advanced undergraduate and postgraduate levels.Trade Review'Hanappi and Elsner have brought together in this volume a group of essays that reveal both the diversity and continuity of the European contribution to evolutionary institutional economics. The essays are rich in methodological significance and analytical detail. The range of topics covered is truly impressive, reflecting the multifaceted nature of this literature. It should serve as an important reference on evolutionary institutional economics for many years to come.' -- Paul D. Bush, California State University, Fresno, US'With this important collection, Hardy Hanappi and Wolfram Elsner, have brought together an outstanding volume that is likely to have its impact on the development of evolutionary economics. Expansive in its scope, the innovative contributions range from evolutionary and institutional mechanisms, dynamic market complexity as well as ontological groundwork of the rapidly emerging new evolutionary economics science. The book will be of great interest to academics, students and researchers of evolutionary and institutional economics.'<BR>- Kurt Dopfer, University of St Gallen, SwitzerlandTable of ContentsContents: Introduction: Evolutionary Economics in the Making Hardy Hanappi and Wolfram Elsner PART I: EVOLUTIONARY MECHANISMS 1. Heuristic Twists and Ontological Creeds: A Road Map for Evolutionary Economics Ulrich Witt 2. Generalized Darwinism from the Bottom Up: An Evolutionary View of Socio-Economic Behavior and Organization J.W. Stoelhorst 3. Comparative Industrial Evolution and the Quest for an Evolutionary Theory of Market Dynamics Guido Buenstorf 4. European Contributions to Evolutionary Institutional Economics: The Cases ‘Open-Systems Approach’ (OSA) and ‘Cumulative Circular Causation’ (CCC) Sebastian Berger and Wolfram Elsner 5. Institutions as Determinants of Preference Change: A One Way Relation? Martin Binder and Uta-Maria Niederle PART II: COMPLEXITY, NON-KNOWLEDGE AND STRATEGY 6. Complex Individuals: The Individual in Non-Euclidian Space John B. Davis 7. The Importance of Ignorance: Non-Knowledge and the Limits of Bayesianism Oliver Kessler 8. Strong Uncertainty and How to Cope with it to Improve Action and Capacity Paul Davidson 9. Strategy, Innovation and Entrepreneurship: An Evolutionary Learning Perspective Carl Henning Reschke and Sascha Kraus 10. The Problem of Knowledge in Economics: Prices, Contracts and Organizations Stavros Ioannides Index

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Book SynopsisModern economies are described as ‘knowledge based’. This book investigates the meaning of such a statement, assessing the relevance of knowledge and the channels through which knowledge is exchanged, both from a theoretical and an empirical perspective. Moving within the realm of complexity theory, the authors provide a methodological assessment of the knowledge diffusion debate as well as presenting theoretical and applied models of knowledge diffusion and innovation. They illustrate how geography plays a role in shaping innovative patterns and how dense networks generally result in more innovative environments. The book concludes that establishing the right connections within such dense networks appears to be more crucial than any other factor, thus highlighting the importance of linkages (or the effects of their absence) within innovation systems.Proposing a taxonomy of knowledge-sharing patterns, this book will be warmly welcomed by academics, researchers and postgraduate students in the areas of the economics of innovation, evolutionary economics and knowledge economics.Trade Review’. . . this book constitutes an important contribution to the literature on knowledge diffusion and networks. It provides novel results, raises new questions and hopefully will spur new work in this area.' -- Lorenzo Zirulia, Journal of Evolutionary Economics'The book uses state-of-the-art theorizing about a topic that has attracted a lot of attention in the past five years or so. It provides a very useful review of the literature, and is very well written and on a novel topic. I especially liked the methodological rigour in the exposition of the model, yet at the same time the text remains accessible to a wide readership. I highly recommend the book.' -- Koen Frenken, Utrecht University, The NetherlandsTable of ContentsContents: Part I: Theory 1. Introduction 2. Knowledge Economy: Old and New Issues 3. Modelling Knowledge and its Diffusion Patterns: A Pathway Towards Complexity 4. Knowledge Diffusion and Innovation: An Agent-based Approach Part II: Empirical Studies and Model Validations 5. Empirical Studies on Knowledge Flows 6. Theoretical and Applied Methodologies of Agent-based Models 7. Validating the Model of Knowledge Diffusion and Innovation 8. Final Remarks and Future Research References Index

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Book SynopsisThis timely and comprehensive new Handbook brings together an unrivaled group of distinguished scholars and practitioners to provide in-depth analysis and a contemporary perspective on a wide-ranging array of topics in maritime economics. Inherently global in nature, the economics of the maritime sector has proved pivotal in facilitating globalization and international trade. This Handbook offers a unique and indispensable source of reference and information for researchers, students and practitioners interested in the relationship between these developments and maritime markets. This well-documented Handbook will appeal to postgraduate students of maritime studies, international business, international trade, economics and marine technology. Managers and workers within the maritime sector will also find much to interest them in this book. Contributors: A.H. Alizadeh, C. Barros, H. Benamara, A.S. Bergantino, R. Bergqvist, P. Cariou, K. Cullinane, A. Fox, M. Fusillo, D. Glen, M.M. González, H. Haralambides, J. Hoffmann, M. Hussain, A. Jensen, M.G. Kavussanos, P. Kent, J. Kronbak, N. Lambertides, F. Medda, E. Musso, N. Nomikos, T. Notteboom, P. Panayides, S. Pettit, N. Peypoch, R.J. Sanchez, D.-P. Song, W. Talley, L. Trujillo, A.E. Tsekrekos, V. Valentine, J. van Dalen, E. van Drunen, A. Veenstra, S. Veldman, G. Wilmsmeier, S.-H. Woo, Q. ZhangTrade Review’The International Handbook of Maritime Economics, expertly edited by Kevin Cullinane, is a very welcome addition to the maritime economics literature. Reflecting the widened scope of the International Association of Maritime Economics, it covers traditional maritime economics nicely complemented with port economics and management as well as hinterland transport. The book also balances shipping segments, geographical areas and management perspectives. The contributors clearly demonstrate their leading expertise when putting shipping into a trade, logistics and policy context. I sincerely recommend this book to anyone interested in contemporary shipping issues.’ -- Johan Woxenius, University of Gothenburg, Sweden’This is an innovative collection of papers that will be of particular value to universities and organizations with responsibilities in maritime research. The twenty researched chapters raise stimulating and significant questions and advance the contribution of quantitative methods in maritime research. The chapters include topics in the dry bulk, tanker, liner and port sectors, with greatest coverage of the latter two sectors. Many of the chapters will interest managers as well as researchers.’ -- Trevor Heaver, University of British Columbia, Canada’This International Handbook of Maritime Economics offers a broad variety of contributions, illustrating that the interface of maritime economics with the wider transport community is much stronger than it was before. To the already broad literature in the field of maritime economics, this is a most welcome addition.’ -- Eddy Van de Voorde, University of Antwerp, BelgiumTable of ContentsContents: 1. Editor’s Introduction: We Never Know the Worth of Water Till the Well is Dry Kevin Cullinane 2. The Maritime Industry: Key Developments in Seaborne Trade, Maritime Business and Markets Hassiba Benamara, Jan Hoffmann and Vincent Valentine 3. The Option to Change the Flag of a Vessel Manolis G. Kavussanos and Andrianos E. Tsekrekos 4. Fixtures-based Freight Rate Indices, and their Impact on Freight Rate Modelling in the Shipping Industry Albert Veenstra and Jan van Dalen 5. Fundamental Analysis and Relative Efficiency of Maritime Firms: Dry Bulk vs Tanker Firms Photis Panayides and Neophytos Lambertides 6. Modelling the Impact of Double Hull Technology on Oil Spill Numbers David Glen 7. An Investigation into the Effect of Risk Management on the Profitability of Shipping Investment and Operations Amir H. Alizadeh and Nikos Nomikos 8. Structural Factors Underlying Mergers and Acquisitions in Liner Shipping Mike Fusillo 9. Liner Shipping Networks and Market Concentration Ricardo J. Sanchez and Gordon Wilmsmeier 10. One-Hundred Percent Scanning of Port Containers: The Impact on Maritime Transport Chains Wayne Talley 11. Are Bunker Adjustment Factors Aimed at Revenue-making or Cost Recovery? Empirical Evidence on the Pricing Strategies of Shipping Lines Theo Notteboom and Pierre Cariou 12. The Value of Direct Call Services by Container Shipping Lines in Northern Europe: Support Model for Strategic Scenario Development and Case Study Arne Jensen and Rickard Bergqvist 13. An Analysis of Short Sea Shipping as an Alternative for Freight Transport Lourdes Trujillo, Francesca Medda and María M. González 14. Optimal Inventory Control for Empty Containers in a Port with Random Demands and Repositioning Delays Dong-Ping Song and Qing Zhang 15. Measuring Competition between Ports Simme Veldman and Eric van Drunen 16. Captive and Contestable Port Hinterlands: Modelling and Visualization using GIS Jacob Kronbak and Kevin Cullinane 17. Seaport Efficiency and Productivity Growth Carlos Barros, Hercules Haralambides, Mohamed Hussain and Nicolas Peypoch 18. A Multi-step Approach to Model the Relative Efficiency of European Ports: The Role of Regulation and Other Non-discretionary Factors Angela Stefania Bergantino and Enrico Musso 19. Is Puerto Limon a Real Lemon? Port Inefficiency and its Impact Paul Kent and Alan Fox 20. Port Performance in Changing Logistics Environments: Measurement Development and Model Testing Su-Han Woo and Stephen Pettit Index

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Book SynopsisThis insightful book shows how small and medium enterprises (SMEs) from some of the traditionally less dynamic peripheral economies of the ?old? EU ? namely Ireland, Italy, Portugal and Spain ? have responded to the twin challenges of globalisation and industrial restructuring. Through a series of unique case studies the contributing authors discuss how these economies, and in particular the SME sector, can be transformed. The book begins by examining the key drivers of the globally competitive SME sector in the EU, before moving on to explore the relationship between multinational enterprises (MNEs), SMEs and industrial development. The authors investigate important policy implications and provide lessons for SME development and growth.With empirical and theoretical contributions on SMEs in both the manufacturing and the services sectors, this essential book will be invaluable for researchers and policymakers in small business economics and management. Postgraduate students of entrepreneurship, business economics, industrial economics and European studies will appreciate this unique set of insights.Table of ContentsContents: Preface 1. SMEs in a Globalised World: Conceptual Issues Helena Lenihan, Bernadette Andreosso-O’Callaghan and Mark Hart PART I: KEY DRIVERS OF A GLOBALLY COMPETITIVE SME SECTOR IN THE EU 2. Why do SMEs Grow? A Rejection of Gibrat’s Law for Spanish Firms (1994–2002) Mercedes Teruel-Carrizosa 3. Access of Small Firms to Knowledge Networks as a Determinant of Local Economic Development Miren Larrea, Alazne Mujika and Mari Jose Aranguren 4. Innovation Behaviour of Spanish Fashion Manufacturing SMEs José L. Calvo and Angel L. Culebras de Mesa 5. Family-based Firms: Evidence from the Portuguese Furniture and Events Organisation Industries Vitor Braga and Bernadette Andreosso-O’Callaghan 6. Forms of Industrial Development in Chinese Specialized Towns and Types of Challenges to European Manufacturing SMEs: An Italian Perspective Marco Bellandi and Annalisa Caloffi PART II: MNEs, SMEs AND INDUSTRIAL DEVELOPMENT 7. MNE Subsidiaries, Productivity Spillovers and SMEs Rita Buckley 8. Entrepreneurship and Inward Foreign Direct Investment in Portugal Natália Barbosa and Vasco Eiriz 9. The Large Leader Firm: Good or Bad? A Case Study of a Leader Firm–Supplier Relationship Helen McGrath and David Jacobson 10. Dynamics of the SME Sector in Ireland: A Driver of Growth in the Irish Economy Since 1994? Helena Lenihan, Briga Hynes and Mark Hart Index

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Book SynopsisThis volume offers outstanding works of recent scholarship on Darwinism covering three major fields of enquiry: How Darwinism affects our conception of human nature and challenges long-standing assumptions such as self-interested behaviour. Analysis of the nature of socio-cultural evolution, its differences from biological evolution and whether it is Lamarckian. The possibility of generalizing core Darwinian principles to cover evolving entities in the economic and social world, as well as in biology. Exploring the huge potential impact of Darwinism on the social sciences, this collection is an insightful reference tool for scholars and others recognising the importance of new developments in this discipline.Table of ContentsContents: Acknowledgements Introduction Geoffrey M. Hodgson PART I HUMAN NATURE, RATIONALITY AND GROUP SELECTION 1. Herbert A. Simon (1990), ‘A Mechanism for Social Selection and Successful Altruism’ 2. Paul A. Samuelson (1993), ‘The Economics of Altruism: Altruism as a Problem Involving Group versus Individual Selection in Economics and Biology’ 3. Leda Cosmides and John Tooby (1994), ‘Better than Rational: Evolutionary Psychology and the Invisible Hand’ 4. Donald T. Campbell (1994), ‘How Individual and Face-to-Face-Group Selection Undermine Firm Selection in Organizational Evolution’ 5. Ulrich Witt (1999), ‘Bioeconomics as Economics from a Darwinian Perspective’ 6. Alexander J. Field (2001), ‘Prologue: The World’s First Prisoner’s Dilemma Experiment’ 7. Jack J. Vromen (2001), ‘The Human Agent in Evolutionary Economics’ 8. Joseph Henrich, Robert Boyd, Samuel Bowles, Colin Camerer, Ernst Fehr, Herbert Gintis and Richard McElreath (2001), ‘In Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies’ 9. Theodore C. Bergstrom (2002), ‘Evolution of Social Behavior: Individual and Group Selection’ 10. Arthur J. Robson (2002), ‘Evolution and Human Nature’ 11. Joseph Henrich (2004), ‘Cultural Group Selection, Coevolutionary Processes and Large-scale Cooperation’ 12. Viktor J. Vanberg (2004), ‘The Rationality Postulate in Economics: Its Ambiguity, its Deficiency and its Evolutionary Alternative’ 13. Herbert A. Simon (2005), ‘Darwinism, Altruism and Economics’ 14. Samuel Bowles and Herbert Gintis (2005), ‘Can Self-interest Explain Cooperation?’ PART II DARWINISM, LAMARCKISM AND CULTURAL EVOLUTION 15. Joseph Fracchia and R.C. Lewontin (1999), ‘Does Culture Evolve?’ 16. Dan Sperber (2000), ‘An Objection to the Memetic Approach to Culture’ 17. John S. Wilkins (2001), ‘The Appearance of Lamarckism in the Evolution of Culture’ 18. Geoffrey M. Hodgson and Thorbjørn Knudsen (2006), ‘Dismantling Lamarckism: Why Descriptions of Socio-economic Evolution as Lamarckian are Misleading’ PART III GENERALISED DARWINISM 19. John Nightingale (2000), ‘Universal Darwinism and Social Research: The Case of Economics’ 20. J.W. Stoelhorst (2007), ‘The Naturalist View of Universal Darwinism: An Application to the Evolutionary Theory of the Firm’ 21. Geoffrey M. Hodgson and Thorbjørn Knudsen (2006), ‘Why We Need a Generalized Darwinism, and Why a Generalized Darwinism is Not Enough’ 22. Geoffrey M. Hodgson and Thorbjørn Knudsen (2006), ‘The Nature and Units of Social Selection’ 23. Richard Nelson (2006) ‘Evolutionary Social Science and Universal Darwinism’ 24. Geoffrey M. Hodgson and Thorbjørn Knudsen (2008), ‘Information, Complexity and Generative Replication’ Name Index

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Book SynopsisThese authoritative volumes present the most important published work on the theory and incidence of financial fragility in the financial markets, and policy for dealing with fragility. The volumes cover the recent central bank discussions about financial fragility and models simulating financial fragility. Contents include the key historical contributions that have formed our current understanding of how it arises in the financial markets and the consequences for the economy at large, and for the way in which credit operates in society. These volumes are a key resource for policymakers, central bankers and senior executives in banking and finance who need to extend their understanding of financial fragility and develop instruments for managing such difficulties. Academics specialising in banking and financial economics will find conveniently in two volumes the essential research materials dealing with the pathology of credit markets.Table of ContentsContents: Volume I Acknowledgements Introduction Jan Toporowski PART I CENTRAL BANKS AND INSTABILITY IN BANKING AND ASSET MARKETS 1. William A. Allen and Geoffrey Wood (2006), ‘Defining and Achieving Financial Stability’ 2. Robert M. Solow (1982), ‘On the Lender of Last Resort’ 3. Henry C. Simons (1936), ‘Rules versus Authorities in Monetary Policy’ PART II RECENT MODELS 4. Douglas W. Diamond and Philip H. Dybvig (1983), ‘Bank Runs, Deposit Insurance, and Liquidity’ 5. Albert M. Wojnilower (1980), ‘The Central Role of Credit Crunches in Recent Financial History’ 6. Charles A.E. Goodhart, Pojanart Sunirand and Dimitrios P. Tsocomos (2004), ‘A Model to Analyse Financial Fragility: Applications’ 7. Franklin Allen and Douglas Gale (2004), ‘Financial Fragility, Liquidity and Asset Prices’ 8. Sushil Bikhchandani, David Hirshliefer and Ivo Welch (1992), ‘A Theory of Fads, Fashion, Custom and Cultural Change as Informational Cascades’ 9. Josef Steindl (1990), ‘The Dispersion of Expectations in a Speculative Market’ PART III THE HISTORICAL DISCUSSION 10. Walter Bagehot ([1873] 1931), ‘ Why Lombard Street is Often Very Dull, and Sometimes Extremely Excited’ and ‘A More Exact Account of the Mode in which the Bank of England has Discharged its Duty of Retaining a Good Bank Reserve, and of Administering it Effectually’ 11. Thorstein Veblen (1904), ‘The Theory of Modern Welfare’ 12. Rosa Luxemburg ([1913] 1951), ‘International Loans’ 13. John Maynard Keynes ([1913] 1973), ‘Prologue. How Far are Bankers Responsible for the Alternations of Crisis and Depression?’ 14. John Maynard Keynes ([1936] 2007), ‘The State of Long-term Expectation’ 15. Irving Fisher (1933), ‘The Debt-Deflation Theory of Great Depressions’ 16. R.G. Hawtrey (1962), ‘Foreword to New Edition’ Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I THE CURRENT FRAMEWORK 1. Frederic S. Mishkin (1991), ‘Asymmetric Information and Financial Crises: A Historical Perspective’ 2. Carlos Diaz-Alejandro (1985), ‘Good-Bye Financial Repression, Hello Financial Crash’ 3. Asli Demirgüç-Kunt and Enrica Detragiache (1999), ‘Financial Liberalization and Financial Fragility’ 4. Barry Eichengreen, Ricardo Hausmann and Ugo Panizza (2007), ‘Currency Mismatches, Debt Intolerance, and Original Sin: Why They are Not the Same and Why it Matters’ 5. Charles P. Kindleberger (1996), ‘Conclusion: The Lessons of History’, ‘Appendix A’ and ‘Appendix B’ 6. Robert J. Shiller (2001), ‘Speculative Volatility in a Free Society’ 7. Jan Kregel (2007),‘The Natural Instability of Financial Markets’, Levy Economics Institute Working Paper, No. 523, December, 1-28 [28] PART II FINANCIAL FRAGILITY AND THE MACROECONOMY 8. John Kenneth Galbraith ([1954] 1992), ‘Cause and Consequence’ 9. Martin H. Wolfson (1994), ‘A Business-Cycle Model of Financial Crises’ 10. E.P. Davis (1992), ‘The Economic Theory of Systemic Risk’ PART III MACROECONOMIC THEORIES OF FINANCIAL FRAGILITY 11. Hyman P. Minsky (1982), ‘The Financial-Instability Hypothesis: Capitalist Processes and the Behavior of the Economy’ 12. Philip Arestis and Murray Glickman (2002), ‘Financial Crisis in Southeast Asia: Dispelling Illusion the Minskyan Way’ 13. Josef Steindl (1989), ‘Saving and Debt’ 14. Ben Bernanke and Mark Gertler (1989), ‘Agency Costs, Net Worth, and Business Fluctuations’ PART IV SOCIAL RISKS AND FINANCIAL FRAGILITY 15. Robert J. Shiller (1993), ‘Mechanisms for Hedging Long Streams of Income’, ‘National Income and Labor Income Markets’ and ‘Making It Happen’ 16. Jan Toporowski (2009), ‘The Economics and Culture of Financial Dependence’ Name Index

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Book SynopsisIn his perceptive and easily readable autobiography, John Dunning walks the reader through the four seasons of his professional and private life. With just the right touch of humour, he recounts his boyhood experience during the eventful days of the Second World War, his three-year spell in the Royal Navy, as well as his years as a student and research assistant at University College London. He then goes on to describe his times as teacher and researcher at Southampton, Reading and Rutgers Universities, and the origin and evolution of the Reading School of International Business scholarship. Along the way, the author shares some of his many and varied consultancy assignments and travelling experiences, offering some insights into his personal values and home life in Henley-on-Thames and Cornwall.This remarkable book gives a unique personal insight into the life and work of one of the most influential figures in the study of international business. It will no doubt prove a fascinating read to all those with an interest in the field and its development - and especially to those who have benefited from the work of one of its great thinkers and scholars.Table of ContentsContents: Preface Part I: 1927–1952 Spring 1. ‘At First the Infant’: Early Childhood 2. ‘The Whining Schoolboy’: Towards Adolescence 3. ‘And then the Lover’ (I): A Naval Interlude 4. ‘And then the Lover’ (II): To University Part II: 1952–1987 Summer 5. ‘Seeking the Bubble Reputation’: The Southampton Years 6. Towards Summer: A Personal Moment 7. From ‘Soldier’ to ‘Justice’: The Reading Years 8. The Reading Years: Family and Related Matters 9. Shakespeare’s Fourth Age Continued: A Peripatetic Professor Part III: 1987–2007 Autumn/Fall 10. ‘And so he Plays his Part’: The Rutgers Years 11. Spanning Spring to Autumn: Consultancy Work Part IV: 2008 Autumn–Winter 12. Towards the Final Season and Second Childhood Appendix: Short Biography of the Author’s Professional Achievements Index

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Book SynopsisIn his perceptive and easily readable autobiography, John Dunning walks the reader through the four seasons of his professional and private life. With just the right touch of humour, he recounts his boyhood experience during the eventful days of the Second World War, his three-year spell in the Royal Navy, as well as his years as a student and research assistant at University College London. He then goes on to describe his times as teacher and researcher at Southampton, Reading and Rutgers Universities, and the origin and evolution of the Reading School of International Business scholarship. Along the way, the author shares some of his many and varied consultancy assignments and travelling experiences, offering some insights into his personal values and home life in Henley-on-Thames and Cornwall.This remarkable book gives a unique personal insight into the life and work of one of the most influential figures in the study of international business. It will no doubt prove a fascinating read to all those with an interest in the field and its development - and especially to those who have benefited from the work of one of its great thinkers and scholars.Table of ContentsContents: Preface Part I: 1927–1952 Spring 1. ‘At First the Infant’: Early Childhood 2. ‘The Whining Schoolboy’: Towards Adolescence 3. ‘And then the Lover’ (I): A Naval Interlude 4. ‘And then the Lover’ (II): To University Part II: 1952–1987 Summer 5. ‘Seeking the Bubble Reputation’: The Southampton Years 6. Towards Summer: A Personal Moment 7. From ‘Soldier’ to ‘Justice’: The Reading Years 8. The Reading Years: Family and Related Matters 9. Shakespeare’s Fourth Age Continued: A Peripatetic Professor Part III: 1987–2007 Autumn/Fall 10. ‘And so he Plays his Part’: The Rutgers Years 11. Spanning Spring to Autumn: Consultancy Work Part IV: 2008 Autumn–Winter 12. Towards the Final Season and Second Childhood Appendix: Short Biography of the Author’s Professional Achievements Index

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Book SynopsisThis book compares the approaches of consultants and academic advisers and provides an in-depth analysis of their advice argumentation. Both compete on the market for economic advice, with consultants enjoying a larger market share and usually obtaining higher fees. However, academics criticize them for overcharging, shallowness, and quick-and-dirty methods. So, are consultants? clients misled or even cheated? Not necessarily. The book reveals that academics have drawbacks as well; their arguments are less balanced than those of consultants and their estimates contradict each other more. Economic Advice and Rhetoric argues that clients should be cautious, challenging academics to reconsider their understanding of consulting practices. Onno Bouwmeester illustrates that the instrumental concept of academic advice as assumed by mainstream economists and policy scientists does not guide the practice of academic advisers and thus creates wrong expectations. He deconstructs the current understanding of academic advice, and counters the view held by critical academics that consultants? rhetoric is misleading by comparing it to the rhetoric of academics. This rhetorical analysis will be informative to academics and advisors with an interest in the subject of consulting. Students aiming to become consultants, as well as consultants who want to learn more about academic advisers as their competitors, will also find this book an invaluable resource.Trade Review‘In this well-written book Bouwmeester examines how consultants compare with academic advisers in offering consulting services to clients. . . Bouwmeester’s effort in exploring the study of rhetoric makes a positive contribution to the literature by providing a useful theoretical framework. Bouwmeester contributes to our understanding of the relationship between consultants and academic advisors in ways that have not been documented before. Such a contribution is important as it opens up new research opportunities and discussion for understanding the similarities, but also differences, between the two groups.’ -- Stephanos Avakian, Management LearningTable of ContentsContents: Preface 1. Introduction: Consultants and Academics in Competition 2. Consultants’ and Academics’ Views on Advice 3. Advice Analysis and Rhetoric 4. Espoused Theory of Advice Argumentation 5. Advice on Further Growth of Amsterdam Airport 6. Advice on Liberalization in the Electricity Market 7. Conclusions and Discussion 8. Advice on Advice Reports Discussed in the Cases References Index

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Book SynopsisRecent years have seen a trend toward an 'economics-based' approach to the enforcement of European competition law. But what is meant by 'economics-based', and how does this approach sit with legal and enforcement practice? This book seeks to place in perspective the growing use of economics in European competition law enforcement by examining precisely how economics contributes to the enforcement activity of the European Commission and Courts.Christopher Decker provides unique empirical insights as to how economic theory, thinking, techniques and data have featured in decision-making in the area of co-ordinated effects. The role of economics is examined throughout the entire enforcement process, from the decision to initiate an investigation to the design and implementation of remedies, and its conclusions are of general relevance to all areas of competition law enforcement where economics is used.Utilising a broad and multifaceted conception of economics, this book is essential reading for academics and students interested in European competition law, EC competition lawyers, applied industrial economists and enforcement officials. It will also be an invaluable tool for academic libraries and institutes, government agencies, law firms and economic consultancies.Trade Review'The book is well written and readable by non economists. The approaches, questions, methodology, and basis for selection of cases/interviewees are clearly explained and justified. This book is a valuable contribution to the literature.' -- Rhonda Smith, Competition and Consumer Law JournalTable of ContentsContents: Preface 1. Introduction 2. The Enforcement Context 3. The Law and Economics of Tacit Coordination 4. A Review of Collective Dominance Decisions 5. Economics in the Enforcement Process 6. The Contribution of Economics to Enforcement 7. Towards a More Economic Approach Appendix: The Economics of Tacit Collusion Bibliography Index

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Book SynopsisThe shadow economy (also known as the black or underground economy) covers a vast array of trade, goods and services that are not part of the official economy of a country. This original and comprehensive Handbook presents the latest research on the size and development of the shadow economy, which remains an integral component of the economies of most developing and many developed countries. The volume explores the driving forces behind the shadow economy and highlights important regional variations. The expert authors address the whole spectrum of issues including tax moral, government institutions, corruption and illicit work. Importantly the book also examines recent progress in how the shadow economy is measured and estimated. This well-documented and authoritative study will appeal to economists and researchers, as well as academics and students in the fields of economics, political science and social science. It will also be of interest to anyone seeking a comprehensive investigation into the workings of shadow economy.Trade Review‘. . . the volume is rich in contents and breaks new ground in several aspects. It focuses on a current and relevant topic and contains many details and references to further studies and research issues. It is also well structured and carefully edited. . . It is hoped that this book gets the same attention in the scientific community and beyond - it’s worth it.’ -- Hannelore Weck-Hannemann, Jahrbucher für Nationalokonomie und Statistik‘Over a number of years, Friedrich Schneider and his team of collaborators have made an impressive effort to estimate the size of the shadow economy. This volume presents their work on data for the majority of the world’s countries and also contains attempts to explain the driving forces behind the size and growth of the hidden economy. It will become a central reference for all economists interested in this aspect of the interaction between the public and private sectors.’ -- Agnar Sandmo, Norwegian School of Economics and Business Administration, NorwayTable of ContentsContents: Introduction Friedrich Schneider PART I: SIZE AND DEVELOPMENT OF THE SHADOW ECONOMIES ALL OVER THE WORLD 1. Shadow Economies All Over the World: New Estimates for 162 Countries from 1999 to 2007 Friedrich Schneider, Andreas Buehn and Claudio E. Montenegro 2. Survey on the Shadow Economy and Undeclared Work in OECD Countries Lars P. Feld and Friedrich Schneider 3. The Size and Development of the Shadow Economy in India: A First Attempt at a Public Choice Explanation Kausik Chaudhuri and Friedrich Schneider 4. Size, Development and Perception of the Shadow Economy in Switzerland Christoph A. Schaltegger PART II: REGIONAL VARIATION IN THE SIZE AND DEVELOPMENT OF THE SHADOW ECONOMY 5. Regional Variations in the Nature of the Shadow Economy: Evidence from a Survey of 27 European Union Member States Colin C. Williams and Jan Windebank 6. Regional Patterns of the Shadow Economy: Modelling Issues and Evidence from the European Union Helmut Herwartz, Friedrich Schneider and Egle Tafenau PART III: SHADOW ECONOMY, ILLICIT WORK AND RELATED ACTIVIES 7. The Shadow Economy and Do-it-Yourself Activities: What Do We Know? Andreas Buehn and Alexander Karmann 8. The Shadow Economy in the Residential Construction Sector Christopher Bajada 9. Who is Working Illicitly and Why? Insights from Representative Survey Data in Germany Dominik H. Enste PART IV: TAX MORALE AND THE SHADOW ECONOMY 10. Tax Morale, Tax Evasion and the Shadow Economy Gebhard Kirchgässner 11. The Link between the Intrinsic Motivation to Comply and Compliance Behaviour: A Critical Appraisal of Existing Evidence Martin Halla 12. Deterrence Policy and the Size of the Shadow Economy in Germany: An Institutional and Empirical Analysis Lars P. Feld, Andreas J. Schmidt and Friedrich Schneider PART V: CORRUPTION AND THE SHADOW ECONOMY 13. The Impact of Institutions on the Shadow Economy and Corruption: A Latent Variables Approach Axel Dreher, Christos Kotsogiannis and Steve McCorriston 14. Shadow Economy, Voice and Accountability, and Corruption Benno Torgler, Friedrich Schneider and Alison Macintyre Index

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Book SynopsisThis interdisciplinary Handbook combines both mainstream and heterodox economics to assess the nature, scope and importance of leisure activity. Surprisingly, the field of leisure economics is not, thus far, a particularly integrated or coherent one. In this Handbook a wide ranging body of international scholars get to grips with this issue, taking in the traditional income/leisure choice model of textbook microeconomics and Becker's allocation of time model along the way. They expertly apply economics to some usually neglected topics, such as boredom, sleeping and social networking which encourages a move towards an integrate field of economics of leisure. Contributions from further afield by Veblen, Sctivosky and Bourdieu also feature prominently. Applying a mix of theoretical and empirical work, undergraduate students in modules on sport/leisure economics as well as sport/leisure management will find this important resource invaluable. Contributors: V. Ateca-Amestoy, G. Bakker, A. Balestrino, S. Banerjee, G. Black, S. Cameron, A. Collins, A. Cooke, J. Cox, L. David, G. Doyle, P.E. Earl, V.G. Fitzsimons, V. Flambard, M. Fox, S. Hussels, K. Jackson, G. Larsen, L.J.A. Lenten, L. Mintz, D. O'Reilly, D. Paton, T.-C. Peng, R.K. Pillania, S. Scott, A.B. Trigg, N. Vaillant, D.L. Wheeler, F.-C. WolffTable of ContentsContents: Introduction 1. Overview of the Economics of Leisure Samuel Cameron PART I: ECONOMIC DIMENSIONS OF LEISURE 2. On Economics, Leisure and Much More Alessandro Balestrino 3. Towards a Bourdieusian Economics of Leisure Andrew B. Trigg 4. Leisure and Subjective Well-being Victoria Ateca-Amestoy PART II: WORK/LEISURE BALANCE 5. The Economics of Sleep and Boredom Samuel Cameron 6. Half Full or Half Empty: The Economics of Work–Life Balance Samuel Cameron and Mark Fox 7. Working from Home: Leisure Gain or Leisure Loss? Samuel Cameron and Mark Fox 8. Contradictions of Capitalism in Health and Fitness Leisure Simeon Scott PART III: PEOPLE AND PLACES AS LEISURE 9. Dating as Leisure Véronique Flambard, Nicolas Vaillant and François-Charles Wolff 10. Home Improvements Peter E. Earl and Ti-Ching Peng 11. Reconsidering the Silk Road: Tourism in the Context of Regionalism and Trade Patterns Karen Jackson PART IV: SPECTATING AND EVENTS 12. Leisure Tribe-onomics Darragh O’Reilly 13. The Significance of Commercial Music Festivals Gretchen Larsen and Stephanie Hussels 14. The Rise and Decline of Drive-in Cinemas in the United States Mark Fox and Grant Black 15. Entertainment and Economic Contributions of the Indian Hindi Movie Industry Rajesh K. Pillania and Subhojit Banerjee 16. Leisure Time, Cinema and the Structure of Household Entertainment Expenditure, 1890–1940 Gerben Bakker 17. Long-run Trends and Factors in Attendance Patterns in Sport: Australian Football League, 1945–2009 Liam J.A. Lenten 18. The Changing Demands of Leisure Time: The Emergence of Twenty20 Cricket David Paton and Andrew Cooke PART V: DIVERSIONS AND PERVERSIONS 19. The Economics of the Video-gaming Leisure Market Joe Cox 20. Competitive Forces in the US Recreational Vehicle Industry Mark Fox, Lane David and Grant Black 21. Magazines Gillian Doyle 22. The Impact of New Technology on Leisure Networks Vincent G. Fitzsimons 23. Girls Just Want to Have Fun? Internet Leisure and Women’s Empowerment in Jordan Deborah L. Wheeler and Lauren Mintz 24. Sexual Leisure Markets Alan Collins Index

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Book SynopsisThis volume comprises a selection of key papers which map out the latest developments in various aspects of spatial economics and economic geography. Edited by a leading authority in the field, this collection brings together papers which reflect both the depth of analysis and also the diversity of the different lines of enquiry regarding issues of Innovation and Geography, Cities and Clustering, Labour and Land Markets, and Empirics. Together these seminal pieces represent the 'state-of-the-art' in the field of spatial economics and economic geography and therefore provide an ideal base on which further analyses will build.Along with an original introduction by Professor McCann, this volume will be of relevance to academics, researchers and students interested in the field of spatial economics and economic geography.Table of ContentsContents: Acknowledgements Introduction Philip McCann PART I KNOWLEDGE, INNOVATION AND GEOGRAPHY 1. Luc Anselin, Attila Varga and Zoltan Acs (1997), ‘Local Geographic Spillovers between University Research and High Technology Innovations’ 2. Ron Boschma (2005), ‘Proximity and Innovation. A Critical Assessment’ 3. Gerald A. Carlino, Satyajit Chatterjee and Robert M. Hunt (2007), ‘Urban Density and the Rate of Invention’ 4. Riccardo Crescenzi, Andrés Rodríguez-Pose and Michael Storper (2007), ‘The Territorial Dynamics of Innovation: A Europe–United States Comparative Analysis’ 5. Koen Frenken, Frank Van Oort and Thijs Verburg (2007), ‘Related Variety, Unrelated Variety and Regional Economic Growth’ 6. Richard Shearmur and Mario Polèse (2007), ‘Do Local Factors Explain Local Employment Growth? Evidence from Canada, 1971–2001’ PART II CITIES AND CLUSTERING 7. Gilles Duranton (2007), ‘Urban Evolutions: The Fast, the Slow, and the Still’ 8. Glenn Ellison, Edward L. Glaeser and William R. Kerr (2010), ‘What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns’ 9. Ian R. Gordon and Philip McCann (2000), ‘Industrial Clusters: Complexes, Agglomeration and/or Social Networks?’ 10. Edward L. Glaeser and Joshua D. Gottlieb (2006), ‘Urban Resurgence and the Consumer City’ 11. J. Vernon Henderson and Hyoung Gun Wang (2007), ‘Urbanization and City Growth: The Role of Institutions’ 12. Michael Storper and Anthony J. Venables (2004), ‘Buzz: Face-to-Face Contact and the Urban Economy’ PART III LABOUR AND LAND MARKETS 13. Alessandra Faggian and Philip McCann (2009), ‘Human Capital, Graduate Migration and Innovation in British Regions’ 14. Edward L. Glaeser, Joseph Gyourko and Raven E. Saks (2005), ‘Why Have Housing Prices Gone Up?’ 15. Charlotta Mellander, Richard Florida and Kevin Stolarick (2011), ‘Here to Stay – The Effects of Community Satisfaction on the Decision to Stay’ 16. John M. Quigley and Steven Raphael (2005), ‘Regulation and the High Cost of Housing in California’ 17. Jordan Rappaport (2007), ‘Moving to Nice Weather’ 18. Jesse M. Shapiro (2006), ‘Smart Cities: Quality of Life, Productivity, and the Growth Effects of Human Capital’ PART IV EMPIRICS [140 pp] 19. J. Paul Elhorst (2010), ‘Applied Spatial Econometrics: Raising the Bar’ 20. Germà Bel and Xavier Fageda (2008), ‘Getting there Fast: Globalization, Intercontinental Flights and Location of Headquarters’ 21. Bernard Fingleton and Manfred M. Fischer (2010), ‘Neoclassical Theory Versus New Economic Geography: Competing Explanations of Cross-Regional Variation in Economic Development’ 22. Andrew F. Haughwout (2002), ‘Public Infrastructure Investments, Productivity and Welfare in Fixed Geographic Areas’ 23. Patricia C. Melo, Daniel J. Graham and Robert B. Noland (2009), ‘A Meta-Analysis of Estimates of Urban Agglomeration Economies’ 24. Dani Rodrik, Arvind Subramanian and Francesco Trebbi (2004), ‘Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development’

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Book SynopsisThose not learned in the economic arts believe that economics is either solely or essentially concerned with commercial relations. And, so it was, originally. Then, in the second half of the 20th century, economists began applying their minimalist but sturdy tools to other human activities such as marriage, child-bearing, crime, religion and social groups. In this spirit, the Research Handbook on the Economics of Family Law gives us a series of original essays by distinguished scholars in economics, law or both. The essays represent a variety of approaches to the field. Many contain extensive surveys of the literature with respect to the particular question they address. Some employ empirical economics, others are more narrowly legal. They have in common one thing: each scholar employs a core economic tool or insight to shed light on some aspect of family law and social institutions broadly understood. Topics covered include: divorce, child support, infant feeding, abortion access, prostitution, the decline in marriage, birth control and incentives for partnering. This comprehensive and enlightening volume will be a valuable reference for those interested in law and economics generally and family law in particular.Contributors: D.W. Allen, L.R. Cohen, S. Cunningham, K. Dickinson, A.W. Dnes, T. Green, M. Guldi, M. Hanlon, T.D. Kendall, J. Klick, R.I. Lerman, J. Price, B. Stevenson, T. Stratmann, A.L. Wax, J. Wolfers, J.D. WrightTable of ContentsContents: Introduction Lloyd R. Cohen and Joshua D. Wright 1. Is it Just about Love? Factors that Influence Marriage Joseph Price 2. Diverging Family Structure and ‘Rational’ Behavior: The Decline in Marriage as a Disorder of Choice Amy L. Wax 3. Economic Perspectives on Marriage: Causes, Consequences, and Public Policy Robert I. Lerman 4. Trends in Marital Stability Betsey Stevenson and Justin Wolfers 5. The State’s Choice of Divorce Law Michael Hanlon 6. Partnering and Incentive Structures Antony W. Dnes 7. The Anatomy of Canada’s Child Support Guidelines: The Effects, Details, and History of a Feminist Family Policy Douglas W. Allen 8. The Economics of Infant Feeding Tiffany Green and Katherine Dickinson 9. Abortion Access and Risky Sex Jonathan Klick and Thomas Stratmann 10. Prostitution, Technology, and the Law: New Data and Directions Scott Cunningham and Todd D. Kendall 11. A Survey of the Literature on Early Legal Access to the Birth Control Pill and its Influence on Young Women’s Fertility, Education, Career and Labor Supply Melanie Guldi Index

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Book SynopsisChina's long-term economic success is driven by new firms, new sectors and new business practices. This book explores the establishment of new private firms and listed companies, the development of knowledge industries, in particular the IT and banking sectors and the co-evolution of public governance and business institutions. The contributors discuss the role of local institutions in coordinating business activities and unleashing entrepreneurship, arguing that the sudden growth of new firms and industries is facilitated by changes in business behaviour and institutions. Initial private exchange and investment in an environment of ill-functioning markets are shown to depend on local networks and local business culture which, in turn, rely on local tax regimes setting incentives for inherited bureaucracies to engage in economic transformation. Finally, the book establishes local institutions and local governance as crucial dimensions of China's emerging business system.Contributing to the theory of endogenous institutional change, The Chinese Economy in the 21st Century will be of great appeal to academics and students interested in management, comparative business systems, transition economics, evolutionary economics, Chinese studies and Asian studies.Trade Review'Barbara Krug and Hans Hendrischke have knowledgeably compiled and deftly co-edited an exploration of recent and on-going developments in China as reflected by the establishment of private enterprise businesses and companies, developed knowledge based industries, and evolved a kind of partnership between the institutions of government and business. A seminal work, The Chinese Economy in the 21st Century is very strongly recommended for inclusion in professional, corporate, academic, and governmental International Economics reference collections in general, and contemporary Chinese studies economic supplemental reading lists in particular.' -- Library Bookwatch, Midwest Book Review'What emerges in this book is a complex, layered, intriguing and ultimately informative and insightful portrayal of a radically renovated business environment in contemporary China.' -- David Ip, Pacific Affairs'A creative and wide-ranging collection on enterprise and business behavior in today's China. Using sociological and historical as well as economic analysis, the individual chapters provide insights into different aspects of China's transitional economy as it continues to undergo dynamic change. Recommended for academics and practitioners interested in the forms and dynamics of Chinese business behavior.' -- Frederick C. Teiwes, The University of Sydney, AustraliaTable of ContentsContents: Preface 1. Going Public Without the Public: Between Political Governance and Corporate Governance Sonja Opper 2. Institutional Change, Diversity and Competition: Foreign Banks in Shanghai, 1847–2004 Jeroen Kuilman 3. Foreign Firms in China: Success by Strategic Choices Xueyuan Zhang and Patrick Reinmoeller 4. The New Great Leap: The Rise of China’s ICT Industry Mark Joannes Greeven 5. Enterprise Ground Zero in China Barbara Krug 6. China’s Emerging Tax Regime: Local Tax Farming and Central Tax Bureaucracy Ze Zhu and Barbara Krug 7. Narratives of Change: Culture and Local Economic Development David S.G. Goodman 8. Networks as Business Networks Hans Hendrischke 9. Whom are we Dealing With? Shifting Organisational Forms in China’s Business Sector Barbara Krug and Jeroen Kuilman Index

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Book SynopsisThis landmark collection of essays provides an overview of the essential theories and methods used in the study of law and economics. The editors' careful selection includes substantial contributions from other disciplines that shed new light on the assumptions, theories and methods that may enhance the understanding of human behavior. The first part presents papers discussing theories central to the foundations of law and economics. The second part offers papers describing a variety of methodologies designed to improve traditional economic models. This insightful volume is an essential reference source for law and economic scholars, whether they are delving into the field or determining the future direction of their research.Table of ContentsContents: Acknowledgements Introduction Robert D. Cooter and Francesco Parisi PART I FOUNDATIONS 1. Louis Kaplow and Steven Shavell (1999), ‘The Conflict Between Notions of Fairness and the Pareto Principle’ 2. Chris William Sanchirico (2000), ‘Taxes versus Legal Rules as Instruments for Equity: A More Equitable View’ 3. Colin Camerer, Samuel Issacharoff, George Loewenstein, Ted O'Donoghue and Matthew Rabin (2003), ‘Regulation for Conservatives: Behavioral Economics and the Case for “Asymmetric Paternalism”’ PART II METHODOLOGIES 4. Ian Ayres (1990), ‘Playing Games with the Law’ 5. Christine Jolls, Cass R. Sunstein and Richard Thaler (1998), ‘A Behavioral Approach to Law and Economics’ 6. Iris Bohnet, Bruno S. Frey and Steffen Huck (2001), ‘More Order with Less Law: On Contract Enforcement, Trust, and Crowding’ 7. Terrence Chorvat, Kevin McCabe and Vernon Smith (2005), ‘Law and Neuroeconomics’ 8. John J. Donohue and Justin Wolfers (2006), ‘Uses and Abuses of Empirical Evidence in the Death Penalty Debate’ PART III LAW AND SOCIAL NORMS 9. Robert Cooter (1996-1997), ‘Normative Failure Theory of Law’ 10. Richard H. McAdams (1997), ‘The Origin, Development and Regulation of Norms’ 11. Eric A. Posner (1998), ‘Symbols, Signals, and Social Norms in Politics and the Law’ 12. Robert C. Ellickson (2001), ‘The Market for Social Norms’ 13. Uri Gneezy and Aldo Rustichini (2000), ‘A Fine is a Price’ 14. Robert Cooter and Ariel Porat (2001), ‘Should Courts Deduct Non-Legal Sanctions from Damages?’ Name Index

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Book SynopsisThe economics major is a central part of a college education. But is that economics major doing what it is meant to do? And if not, how should it be changed? This book raises a set of provocative questions that encourage readers to look at the economics major in a different light than it is typically considered and provides a series of recommendations for change.Responding to a Teagle Foundation initiative on the role of majors in higher education, the contributors - eminent economists and administrators - consider the relationship between the goals and objectives of the economics major and those of a liberal education. They address questions such as: What is the appropriate training for a person who will be teaching in a liberal arts school? What incentives would motivate the creation of institutional value through teaching and not simply research? They also explore whether the disciplinary nature of undergraduate education is squeezing out the 'big-think' questions, and replacing them with 'little-think' questions, and whether we should change graduate training of economists to better prepare them to be teachers, rather than researchers. Providing a stimulating discussion of the economics major by many of the leaders in US economic education, this book will prove a thought provoking read for those with a special interest in economics and economics education, particularly academics, lecturers, course administrators, students and researchers.Trade Review'The volume, full of thoughtful ideas by academic economists and administrators, is the outgrowth of a 2006 Teagle Foundation grant to help enrich undergraduate education. . . I recommend that this book be shared among colleagues in undergraduate liberal arts colleges with economics majors to initiate or further discussions on the appropriate goals and objectives of the major vis-a-vis liberal education. Doctoral and Master's comprehensive universities with undergraduate economics majors and accredited business schools would still find the discussions in Educating Economists useful in thinking creatively about appropriate undergraduate and graduate economics skills and content, especially to train future undergraduate professors.' -- Deborah M. Figart, Eastern Economic Journal'This volume is an excellent outcome of an American Economic Association Committee for Economic Education project aimed at advancing the teaching of economics within a liberal arts context. Dave Colander and KimMarie McGoldrick assembled a most able panel of contributors for this effort that includes dialogue on what should be taught, how it should be taught, and how that teaching and learning should be assessed and rewarded. To the editors' credit, they have not attempted to dictate policy but to stimulate debate on the topics. This volume is a must read for anyone seriously interested in the teaching of economics at the tertiary level.' -- William E. Becker, Indiana University, Bloomington, USTable of ContentsContents: Preface Michael Watts Introduction: A Discussion, Not a Report David Colander and KimMarie McGoldrick PART I: THE TEAGLE REPORT 1. The Teagle Foundation Report: The Economics Major as Part of a Liberal Education David Colander and KimMarie McGoldrick PART II: CHALLENGING THE CONTENT: WHAT DO WE TEACH? 2. Teaching Students to ‘Think About the Economy’ Joseph Persky 3. The Economics Major as Illiberal Education Stephen A. Marglin 4. Moral Reasoning in Economics Jonathan B. Wight 5. Thinking for Yourself, Like an Economist Robert F. Garnett 6. Teaching Economics Students as if they are Geniuses James Wible 7. The Role for Depth in a Liberal Education Benjamin M. Friedman PART III: CHANGING THE WAY WE TEACH ECONOMICS 8. Using Pedagogical Change to Improve Student Learning in the Economics Major Scott Simkins and Mark Maier 9. Providing Incentives for Change: Evaluating Teaching Ann L. Owen 10. Reflections on Introductory Course Structures Paul W. Grimes 11. Economics and Liberal Education: Why, Where, and How Michael K. Salemi 12. Reinvigorating Liberal Education with an Expected Proficiencies Approach to the Academic Major W. Lee Hansen PART IV: STRUCTURAL PROBLEMS AND THE INTERDISCIPLINARY NATURE OF ECONOMICS 13. The Integrative Nature of the Economics Major Jessica Holmes 14. The Availability of Interdisciplinary Economics Educators and the Actions of Deans: Explaining the Small Contribution of Economics to a Liberal Education Arthur H. Goldsmith 15. The Economics Major at a Crossroads David Kennett 16. Crafting the Economics Major as an Exercise in Property Rights Neil T. Skaggs 17. Preserving Liberal Arts Education: A Futile Endeavor Brendan O’Flaherty PART V: VIEWS FROM THE ADMINISTRATION 18. Good Researchers Make Good Teachers Catharine Hill 19. Overstating the Challenges, Underestimating the Solutions George Daly 20. How the Shifting Landscape Affects our Students David W. Breneman 21. The Role of Incentives (and Culture) in Rebalancing the Economics Major Bradley W. Bateman PART VI: VIEWS FROM THE STUDENTS 22. What Economics Majors Think of the Economics Major Steven Jones, Eric Hoest, Richie Fuld, Mahesh Dahal and David Colander PART VII: CONCLUSION 23. Really Thinking Like an Economist John J. Siegfried References Index

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Book SynopsisThe economics major is a central part of a college education. But is that economics major doing what it is meant to do? And if not, how should it be changed? This book raises a set of provocative questions that encourage readers to look at the economics major in a different light than it is typically considered and provides a series of recommendations for change.Responding to a Teagle Foundation initiative on the role of majors in higher education, the contributors - eminent economists and administrators - consider the relationship between the goals and objectives of the economics major and those of a liberal education. They address questions such as: What is the appropriate training for a person who will be teaching in a liberal arts school? What incentives would motivate the creation of institutional value through teaching and not simply research? They also explore whether the disciplinary nature of undergraduate education is squeezing out the 'big-think' questions, and replacing them with 'little-think' questions, and whether we should change graduate training of economists to better prepare them to be teachers, rather than researchers. Providing a stimulating discussion of the economics major by many of the leaders in US economic education, this book will prove a thought provoking read for those with a special interest in economics and economics education, particularly academics, lecturers, course administrators, students and researchers.Trade Review'The volume, full of thoughtful ideas by academic economists and administrators, is the outgrowth of a 2006 Teagle Foundation grant to help enrich undergraduate education. . . I recommend that this book be shared among colleagues in undergraduate liberal arts colleges with economics majors to initiate or further discussions on the appropriate goals and objectives of the major vis-a-vis liberal education. Doctoral and Master's comprehensive universities with undergraduate economics majors and accredited business schools would still find the discussions in Educating Economists useful in thinking creatively about appropriate undergraduate and graduate economics skills and content, especially to train future undergraduate professors.' -- Deborah M. Figart, Eastern Economic Journal'This volume is an excellent outcome of an American Economic Association Committee for Economic Education project aimed at advancing the teaching of economics within a liberal arts context. Dave Colander and KimMarie McGoldrick assembled a most able panel of contributors for this effort that includes dialogue on what should be taught, how it should be taught, and how that teaching and learning should be assessed and rewarded. To the editors' credit, they have not attempted to dictate policy but to stimulate debate on the topics. This volume is a must read for anyone seriously interested in the teaching of economics at the tertiary level.' -- William E. Becker, Indiana University, Bloomington, USTable of ContentsContents: Preface Michael Watts Introduction: A Discussion, Not a Report David Colander and KimMarie McGoldrick PART I: THE TEAGLE REPORT 1. The Teagle Foundation Report: The Economics Major as Part of a Liberal Education David Colander and KimMarie McGoldrick PART II: CHALLENGING THE CONTENT: WHAT DO WE TEACH? 2. Teaching Students to ‘Think About the Economy’ Joseph Persky 3. The Economics Major as Illiberal Education Stephen A. Marglin 4. Moral Reasoning in Economics Jonathan B. Wight 5. Thinking for Yourself, Like an Economist Robert F. Garnett 6. Teaching Economics Students as if they are Geniuses James Wible 7. The Role for Depth in a Liberal Education Benjamin M. Friedman PART III: CHANGING THE WAY WE TEACH ECONOMICS 8. Using Pedagogical Change to Improve Student Learning in the Economics Major Scott Simkins and Mark Maier 9. Providing Incentives for Change: Evaluating Teaching Ann L. Owen 10. Reflections on Introductory Course Structures Paul W. Grimes 11. Economics and Liberal Education: Why, Where, and How Michael K. Salemi 12. Reinvigorating Liberal Education with an Expected Proficiencies Approach to the Academic Major W. Lee Hansen PART IV: STRUCTURAL PROBLEMS AND THE INTERDISCIPLINARY NATURE OF ECONOMICS 13. The Integrative Nature of the Economics Major Jessica Holmes 14. The Availability of Interdisciplinary Economics Educators and the Actions of Deans: Explaining the Small Contribution of Economics to a Liberal Education Arthur H. Goldsmith 15. The Economics Major at a Crossroads David Kennett 16. Crafting the Economics Major as an Exercise in Property Rights Neil T. Skaggs 17. Preserving Liberal Arts Education: A Futile Endeavor Brendan O’Flaherty PART V: VIEWS FROM THE ADMINISTRATION 18. Good Researchers Make Good Teachers Catharine Hill 19. Overstating the Challenges, Underestimating the Solutions George Daly 20. How the Shifting Landscape Affects our Students David W. Breneman 21. The Role of Incentives (and Culture) in Rebalancing the Economics Major Bradley W. Bateman PART VI: VIEWS FROM THE STUDENTS 22. What Economics Majors Think of the Economics Major Steven Jones, Eric Hoest, Richie Fuld, Mahesh Dahal and David Colander PART VII: CONCLUSION 23. Really Thinking Like an Economist John J. Siegfried References Index

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Book SynopsisLluís Barbé has recreated the background and life of Francis Ysidro Edgeworth through a fascinating reconstruction that succeeds in shaping the first detailed biography ever published of this major economist and statistician.Originating from previously unexplored letters and documents stored in archives and registers in Ireland, England and Catalonia, Edgeworth?’s relationships with his academic fellows ?- including Sully, Jevons, Marshall, Galton, Pearson, Walras, Pantaleoni, Fisher, Pareto, Keynes ?- are meticulously depicted. Stemming from undiscovered primary sources, this book also reveals a detailed insight into the academic world of the period 1875?1925 in the fields of economics and statistics.With a descriptive survey of Edgeworth?’s work, this book will prove a captivating read for academics and postgraduate students in economic analysis, the history of economic thought and the history of statistics. Anyone with an interest in Francis Ysidro Edgeworth?’s life should also read this book.Trade Review‘Barbé’s work is a well-done, almost unique study and it is a pleasure to recommend it to historians of economic theory in particular.’ -- Warren J. Samuels, EH.NET‘Barbé’s aim was to provide a “portrait” of Edgeworth, and in that it succeeds admirably. . . a trove of new personal information, all presented with an unfailingly intelligent commentary and a very high level of scholarship. . . this book surpasses all previous biographical accounts to such a degree as to be in a class of its own.’ -- Stephen M. Stigler, History of Political Economy‘This is a welcome biography of Edgeworth.’ -- Peter Groenewegen, Economic History Review‘Barbè’s book is bound to become the bibliographical reference on Edgeworth.’ -- Alberto Baccini, Storia del Pensiero EconomicoTable of ContentsContents: Preface by John Creedy Introduction F.Y. Edgeworth’s Relatives 1. Edgeworth’s Background 2. The Making of Francis Ysidro Edgeworth 3. Professor F.Y. Edgeworth 4. The Esquire of Edgeworthstown Appendices Bibliography Index

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Book SynopsisHurricane Katrina was a pivotal event in the history of disaster mismanagement. Its impact will be felt well into the future and its lessons will be applied around the world. This influential volume explores key policy implications arising from the storm and its aftermath. Leading scholars from fields as diverse as decision analysis, risk management, economics engineering, transportation, urban planning and sociology investigate the policy issues associated with insurance, flood control and the rebuilding of levees, housing, tourism, utility lifelines recovery and resilience, evacuation, relocation and racial implications.By assessing the disruption of life in New Orleans, as well as the inter-regional economic impacts of the disaster, the authors suggest steps that can be taken to minimize future risks, not only in New Orleans but also in all locations threatened by natural disasters. It then goes beyond Katrina to explore experiences and responses to similar events in other parts of the world. Another important feature is a discussion of the overlap between terrorist-initiated disasters and natural disasters. The issues raised by Katrina are very complex and teasing out successful policy implications is far from easy. This book is a major advance towards that goal.Academics interested in the economics, policy, and planning aspects of natural and man-made disasters, specialists in emergency management and policymakers will find the insights and prescriptions offered here invaluable.Table of ContentsContents: Preface 1. Introduction Harry W. Richardson, Peter Gordon and James E. Moore II 2. Comprehensive Disaster Insurance: Will it Help in a Post-Katrina World? Howard C. Kunreuther and Erwann O. Michel-Kerjan 3. A Decision Analysis of Options to Rebuild the New Orleans Flood Control System Carl Southwell and Detlof von Winterfeldt 4. Hurricane Katrina: Lessons Learned Jiin-Jen Lee and Bennington Willardson 5. Katrina vs. 9/11: How Should we Optimally Protect Against Both? Jun Zhuang and Vicki M. Bier 6. Worst-Case Thinking and Official Failure in Katrina Lee Clarke 7. Risk, Preparation, Evacuation and Rescue Edd Hauser, Sherry M. Elmes and Nicholas J. Swartz 8. Not Katrina: The Thames Barrier Decision Chang-Hee Christine Bae and Harry W. Richardson 9. Is New Orleans Ready to Celebrate After Katrina? Evidence from Mardi Gras and the Tourism Industry Kathleen Deloughery 10. Estimating the State-by-State Economic Impacts of Hurricane Katrina Jiyoung Park, Peter Gordon, James E. Moore II, Harry W. Richardson, Soojung Kim and Yunkyung Kim 11. Regional Economic Impacts of Natural and Man-Made Hazards: Disrupting Utility Lifeline Services to Households Adam Rose and Gbadebo Oladosu 12. Adjusting to Natural Disasters V. Kerry Smith, Jared C. Carbone, Jaren C. Pope, Daniel G. Hallstrom and Michael E. Darden 13. Katrina: A Third World Catastrophe? Edward J. Clay 14. Hurricane Katrina and Housing: Devastation, Possibilities and Prospects Raphael W. Bostic and Danielle Molaison 15. Unnatural Disaster: Social Impacts and Policy Choices after Katrina John R. Logan Index

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Book SynopsisThis unique monograph comprises a collection of interviews conducted face-to-face with leading economists at universities throughout the United States. Presented with the singular opportunity to reflect on and share their wisdom and experience, the 21 interviewees discuss how they interpret, understand and practice their role as teachers. In addition to providing lessons that will inform the way others teach, the interviews shatter the illusion that teaching and research are strictly independent and competing activities.The Heart of Teaching Economics serves not only as a welcome resource for scholars and students of economics, but as a guidebook - and inspiration - for those who will help to shape the minds of future economists.With Contributions from: Simon W. Bowmaker, Luis Cabral, David Cutler, William Easterly, Barry Eichengreen, Nancy Folbre, Robert Frank, David Friedman, Edward Glaeser, Robert J. Gordon, William Greene, Shoshana Grossbard, Gene Grossman, Daniel Hamermesh, Caroline Hoxby, David Laibson, Steven Landsburg, John List, Steven Medema, Frederic Mishkin, Benjamin Polak, John B. TaylorTrade Review‘The Heart of Teaching Economics is a marvellously entertaining and lively book. All who read it cannot help but come away from the experience with a richly enhanced understanding of the power, virtue and importance of teaching.’ -- Wayne Geerling, The Business Economist‘These interviews will prove illuminating for anybody who teaches economics, novice or old hand alike. They show that it takes deep knowledge of the subject, empathy and hard work to be a good teacher - and also that the greatest teachers bring tremendous energy and creativity to the task of inspiring students with that passion to understand and improve the world that defines economics at its best. An inspiring book for those of us who care about the next generation of economists.’ -- Diane Coyle, author of The Soulful Science: What Economists Really Do and Why It Matters‘Everyone remembers their favourite teacher. The testimonies recorded here provide a great insight into the minds of some of the most popular and successful to have graced a lecture hall. The range of styles is wide, but the theme of inspiration is common to all. This book will be of tremendous interest to any aspiring teacher. It will also appeal to anyone who wonders why their inspiration to understand economics still burns brightly so many years after their last lecture.’ -- Mervyn King, Governor of the Bank of England‘Are you a freshly minted economics PhD, dumped clueless in front of your first class? Or are you an experienced and good teacher, trying to raise your game to the next level? In either case, this book offers you a whole course of master classes. Simon Bowmaker deserves the economics profession’s thanks for bringing together these gems of ideas and suggestions from our best practitioners of the art of teaching.’ -- Avinash Dixit, Princeton University, USTable of ContentsContents: Foreword Robert M. Solow Introduction Simon W. Bowmaker PART I: FUNDAMENTALS 1. Principles of Microeconomics Robert Frank 2. Principles of Macroeconomics John B. Taylor 3. Intermediate Microeconomics Steven Landsburg 4. Intermediate Macroeconomics Robert J. Gordon PART II: TOOLS 5. Game Theory Benjamin Polak, 6. Econometrics William Greene 7. Behavioral Economics David Laibson PART III: APPLICATIONS History 8. History of Economic Thought Steven Medema 9. Economic History Barry Eichengreen Microeconomics 10. Public Economics Caroline Hoxby 11. Labor Economics Daniel Hamermesh 12. Urban Economics Edward Glaeser 13. Industrial Organization Luís Cabral 14. Family Economics Shoshana Grossbard 15. Health Economics David Cutler 16. Race and Gender Nancy Folbre 17. Environmental Economics John List 18. Law and Economics David Friedman International Economics and Macroeconomics 19. International Trade Gene Grossman 20. Development Economics William Easterly 21. Money and Banking Frederic Mishkin Bibliography Index

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Book SynopsisThe second edition of this widely acclaimed and extensively cited collection of original contributions by specialist authors reflects changes in the field of cultural economics over the last eight years. Thoroughly revised chapters alongside new topics and contributors bring the Handbook up to date, taking into account new research, literature and the impact of new technologies in the creative industries. The book covers a range of topics encompassing the creative industries as well as the economics of the arts and culture, and includes chapters on: the economics of art (including auctions, markets and prices), artists labor markets, creativity and the creative economy, cultural districts, cultural value, globalization and international trade, the Internet, media economics, museums, non-profit organizations, opera, performance indicators, performing arts, publishing, regulation, tax expenditures and welfare economics. This highly commended reference tool will be warmly welcomed on a wide range of courses in the fields of economics, business, management, arts management and cultural and media studies.Contributors: H. Abbing, K. Acheson, K. Alford, O. Ashenfelter, W.J. Baumol, F. Benhamou, M. Blaug, L. Bonet, A.E. Burke, S. Cameron, D.C. Chisholm, F. Colbert, T. Cowen, T. Cuccia, G. Doyle, J. Farchy, V. Fernandez-Blanco, B.S. Frey, V. Ginsburgh, K. Graddy, C.M. Gray, J. Heilbrun, A. Henten, C. Hjorth-Andersen, M. Hutter, W.M. Landes, L. Levy-Garboua, W.A. Luksetich, C. Maule, I. Mazza, C. Montmarquette, D. Netzer, J. O'Hagan, G. Pignataro, J. Prieto-Rodriguez, I. Rizzo, F. Rochelandet, M. Rushton, D. Sagot-Duvauroux, W. Santagata, G.G. Schulze, B.A. Seaman, J.D. Snowball, M. Taalas, R. Tadayoni, D. Throsby, R. Towse, M. Trimarchi, D. Urrutiaguer, O. Velthuis, N.M. Wijnberg, G. WithersTrade Review‘A Handbook of Cultural Economics is the definitive guide to cultural economics. Short, accessible articles by leading scholars in the field quickly bring the reader up to speed and point them in the right direction for future research. The new edition brings the field to the cutting edge and is a must have for anyone interested in economics and the insights it offers for understanding popular culture and the arts.’ -- Alex Tabarrok, George Mason University and The Independent InstituteTable of ContentsContents: Preface to the Second Edition Introduction Ruth Towse 1. Application of Welfare Economics William J. Baumol 2. Art Auctions Orley Ashenfelter and Kathryn Graddy 3. Art Dealers Olav Velthuis 4. Art Markets Olav Velthuis 5. Art Prices Dominique Sagot-Duvauroux 6. Artistic Freedom Michael Rushton 7. Artists’ Labour Markets Françoise Benhamou 8. Artists’ Rights Michael Rushton 9. Awards Nachoem M. Wijnberg 10. Baumol’s Cost Disease James Heilbrun 11. Broadcasting Glenn Withers and Katrina Alford 12. Cinema Samuel Cameron 13. Contingent Valuation Tiziana Cuccia 14. Copyright William M. Landes 15. Costs of Production Mervi Taalas 16. Creative Economy Tyler Cowen 17. Creative Industries Ruth Towse 18. Creativity Ruth Towse 19. Criticism Samuel Cameron 20. Cultural Capital David Throsby 21. Cultural Districts Walter Santagata 22. Cultural Entrepreneurship Mark Blaug and Ruth Towse 23. Cultural Statistics David Throsby 24. Cultural Tourism Lluís Bonet 25. Cultural Value Jen D. Snowball 26. Demand Louis Lévy-Garboua and Claude Montmarquette 27. Digitalization Anders Henten and Reza Tadayoni 28. Economic Impact of the Arts Bruce A. Seaman 29. Experience Goods Michael Hutter 30. Festivals Bruno S. Frey 31. Globalization Keith Acheson 32. Heritage Françoise Benhamou 33. International Trade Günther G. Schulze 34. The Internet: Culture for Free Joëlle Farchy 35. The Internet: Economics Fabrice Rochelandet 36. Management of the Arts François Colbert 37. Marketing the Arts François Colbert 38. Media Economics and Regulation Gillian Doyle 39. Motion Pictures Darlene C. Chisholm 40. Museums Víctor Fernández-Blanco and Juan Prieto-Rodríguez 41. The Music Industry Andrew E. Burke 42. Non-profit Organizations Dick Netzer 43. Opera and Ballet Ruth Towse 44. Orchestras William A. Luksetich 45. Participation Charles M. Gray 46. Performance Indicators Giacomo Pignataro 47. Performing Arts Ruth Towse 48. Poverty and Support for Artists Hans Abbing 49. Pricing the Arts Michael Rushton 50. Principal–Agent Analysis Michele Trimarchi 51. Public Choice Isidoro Mazza 52. Public Support Bruno S. Frey 53. Publishing Christian Hjorth-Andersen 54. Regulation Ilde Rizzo 55. Resale Rights Victor Ginsburgh 56. Superstars Günther G. Schulze 57. Tax Concessions John O’Hagan 58. Television Christopher Maule 59. Theatre Daniel Urrutiaguer 60. Welfare Economics Mark Blaug Index

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Book SynopsisComprising essays specially commissioned for the volume, leading scholars who have shaped the field of corporate law and governance explore and critique developments in this vibrant and expanding area and offer possible directions for future research. This important addition to the Research Handbooks in Law and Economics series provides insights into subjects such as the role of directors, shareholders, creditors and employees; empirical studies of litigation and shareholder activism; executive compensation; corporate gatekeepers; comparative law; and behavioral approaches to law and finance. Topics are organized within five sections: corporate constituencies, insider governance, gatekeepers, jurisdiction, and new theory. Taken as a whole, the volume serves as an introduction for those new to the field and as a reference for those unfamiliar with some of the topics discussed. Authoritative and accessible, the Research Handbook on the Economics of Corporate Law will be a valuable resource for students, scholars, and practitioners of corporate law and economics. Contributors: R.B. Ahdieh, V. Atanasov, S.M. Bainbridge, B. Black, M.M. Blair, M.T. Bodie, C.S. Ciccotello, D.C. Clarke, L.A. Cunningham, A. Darbellay, S.M. Davidoff, L.M. Fairfax, F. Ferri, J.E. Fisch, T. Frankel, R.J. Gilson, S.J. Griffith, C.A. Hill, R. Kraakman, D.C. Langevoort, I.B. Lee, B.H. McDonnell, R.W. Painter, F. Partnoy, D.G. Smith, R.S. Thomas, R.B. Thompson, D.I. Walker, C.K. WhiteheadTrade Review’The text as a whole is comprehensive and the analysis is very clear and precise. Readers will find the content interesting, including recent developments in law and economics; this book is a 'must have' for academics and practitioners in law and economics... Each article features a well-written reference that is beneficial to readers particularly when the article refers to a particular theory that is difficult to comprehend in the first instance... this Handbook is clearly presented and well researched. The articles are comprehensive in nature and closely tied to each other. Therefore it is undoubtedly invaluable to academics, researchers and students who are interested in economics and corporate law in the United States as well as comparative law studies.’ -- Jerome Chan, International Company and Commercial Law ReviewTable of ContentsContents: 1. Introduction: The Evolution of the Economic Analysis of Corporate Law Claire A. Hill and Brett H. McDonnell PART I: CORPORATE CONSTITUENCIES 2. Director Primacy Stephen M. Bainbridge 3. Corporate Law and the Team Production Problem Margaret M. Blair 4. The Role of Shareholders in the Modern American Corporation D. Gordon Smith 5. Creditors and Debt Governance Charles K. Whitehead 6. Employees and the Boundaries of the Corporation Matthew T. Bodie 7. The Role of the Public Interest in Corporate Law Ian B. Lee PART II: INSIDER GOVERNANCE 8. Fiduciary Duties: The Emerging Jurisprudence Claire A. Hill and Brett H. McDonnell 9. Empirical Studies of Representative Litigation Randall S. Thomas and Robert B. Thompson 10. The Elusive Quest for Director Independence Lisa M. Fairfax 11. ‘Low-Cost’ Shareholder Activism: A Review of the Evidence Fabrizio Ferri 12. Takeover Theory and the Law and Economics Movement Steven M. Davidoff 13. The Law and Economics of Executive Compensation: Theory and Evidence David I. Walker PART III: GATEKEEPERS 14. Transaction Cost Engineers, Loophole Engineers or Gatekeepers: The Role of Business Lawyers After the Financial Meltdown Richard W. Painter 15. Credit Rating Agencies and Regulatory Reform Aline Darbellay and Frank Partnoy 16. The Influence of Law and Economics on Law and Accounting: Two Steps Forward, One Step Back Lawrence A. Cunningham 17. The Role and Regulation of the Research Analyst Jill E. Fisch 18. D&O Insurance and the Ability of Shareholder Litigation to Deter Sean J. Griffith 19. The Influence of Investment Banks on Corporate Governance Tamar Frankel PART IV: JURISDICTION 20. Varieties of Corporate Law-Making: Competition, Preemption, and Federalism Robert B. Ahdieh 21. The Past and Future of Comparative Corporate Governance Donald C. Clarke PART V: NEW THEORY 22. Self-Dealing by Corporate Insiders: Legal Constraints and Loopholes Vladimir Atanasov, Bernard Black and Conrad S. Ciccotello 23. Behavioral Approaches to Corporate Law Donald C. Langevoort 24. Market Efficiency After the Fall: Where Do We Stand Following the Financial Crisis? Ronald J. Gilson and Reinier Kraakman Index

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Book SynopsisThe International Handbook on Teaching and Learning Economics provides a comprehensive resource for instructors and researchers in economics, both new and experienced. This wide-ranging collection is designed to enhance student learning by helping economic educators learn more about course content, pedagogic techniques, and the scholarship of the teaching enterprise. The internationally renowned contributors present an exhaustive compilation of accessible insights into major research in economic education across a wide range of topic areas including: Pedagogic practice - teaching techniques, technology use, assessment, contextual techniques, and K-12 practices. Research findings - principles courses, measurement, factors influencing student performance, evaluation, and the scholarship of teaching and learning. Institutional/administrative issues - faculty development, the undergraduate and graduate student, and international perspectives. Teaching enhancement initiatives - foundations, organizations, and workshops. Grounded in research, and covering past and present knowledge as well as future challenges, this detailed compendium of economics education will prove an invaluable reference tool for all involved in the teaching of economics: graduate students, new teachers, lecturers, faculty, researchers, chairs, deans and directors.Trade Review‘The International Handbook on Teaching and Learning Economics is a power packed resource for anyone interested in investing time into the effective improvement of their personal teaching methods, and for those who desire to teach students how to think like an economist. It sets guidelines for the successful integration of economics into a wide variety of traditional and non-traditional settings in college and graduate courses with some attention paid to primary and secondary classrooms. . . The International Handbook on Teaching and Learning Economics is highly recommended for all economics instructors and individuals supporting economic education in courses in and outside of the major. This Handbook provides a multitude of rich resources that make it easy for new and veteran instructors to improve their instruction in ways promising to excite an increasing number of students about learning economics. This Handbook should be on every instructor’s desk and referenced regularly.’ -- Tawni Hunt Ferrarini,,i> The American Economist‘In delightfully readable short chapters by leaders in the sub-fields who are also committed teachers, this encyclopedia of how and what in teaching economics covers everything. There is nothing else like it, and it should be required reading for anyone starting a teaching career - and for anyone who has been teaching for fewer than 50 years!’ -- Daniel S. Hamermesh, University of Texas, Austin, USTable of ContentsContents: Preface Foreword William Walstad PART I: A HISTORY OF ECONOMIC EDUCATION 1. Phillip Saunders PART II: TEACHING Section A – Techniques 2. Case Use in Economics Instruction Patrick Conway 3. Teaching with Context-Rich Problems Joann Bangs 4. Using Cooperative Learning Exercises in Economics KimMarie McGoldrick 5. Improving Classroom Discussion in Economics Courses W. Lee Hansen and Michael K. Salemi 6. Let Experience be the Guide: Experiential Education in Economics KimMarie McGoldrick and Andrea L. Ziegert 7. Classroom Experiments Tisha Emerson and Denise Hazlett 8. Interactive Lecture Demonstrations: Adapting a Physics Education Pedagogy for Use in the Economics Classroom Mark Maier 9. Using Just-in-Time Teaching to Promote Student Learning in Economics Scott Simkins 10. Making the Large-Enrollment Course Interactive and Engaging Stephen Buckles, Gail M. Hoyt and Jennifer Imazeki 11. Teaching Economics Socratically Kenneth G. Elzinga 12. Writing for Learning in Economics Elizabeth Perry-Sizemore and Steven A. Greenlaw Section B – Technology 13. Incorporating Media and Response Systems in the Economics Classroom Joseph Calhoun and Dirk Mateer 14. Distance Education: Course Development and Strategies for Success Mary Mathewes Kassis 15. Economics Blogs and Economic Education Timothy C. Haab, Aaron Schiff, John C. Whitehead Section C – Assessment 16. Methods of Assessment in the College Economics Course Ken Rebeck and Carlos Asarta 17. An Expected Proficiencies Approach to the Economics Major W. Lee Hansen Section D – Contextual Techniques 18. Ethics and Critical Thinking Jonathan B. Wight 19. Feminist Pedagogy and Economics Jean Shackelford 20. Integrating Race, Gender and Class Robin L. Bartlett 21. Economics and Literature: The Gains from Trade Cecil E. Bohanon and Michelle Albert Vachris 22. The Interdisciplinary Approach to Teaching Economics Arthur H. Goldsmith and James F. Casey 23. Pluralism in Economics Education Robert F. Garnett, Jr. and Jack Reardon 24. Threshold Concepts in Economics Education Peter Davies Section E – Elementary, Secondary Economic Education 25. Economic Education in American Elementary and Secondary Schools Paul W. Grimes 26. Organizations Focused on Economic Education Sue Lynn Sasser and Helen Meyers PART III: RESEARCH Section A – Principles Courses 27. The Purpose, Structure and Content of the Principles of Economics Course Geoffrey Schneider 28. The Principles of Economics Textbook: Content Coverage and Usage Jane S. Lopus and Lynn Paringer Section B – Measurement Techniques of Student Performance and Literacy: College and High School 29. Measurement Techniques of Student Performance and Literacy: College and High School Carlos Asarta and Ken Rebeck Section C – Factors Influencing Student Performance in Economics 30. Research on the Effectiveness of Non-Traditional Pedagogies Joshua D. Miller and Robert P. Rebelein 31. Factors Influencing Performance in Economics: Graphs and Quantitative Usage Mary Ellen Benedict and John Hoag 32. Student Characteristics, Behavior, and Performance in Economics Classes Ann L. Owen 33. Factors Influencing Student Performance in Economics: Class and Instructor Characteristics Wayne A. Grove and Stephen Wu Section D – What Every Economist Should Know About the Evaluation of Teaching: A Review of Literature 34. What Every Economist Should Know About the Evaluation of Teaching: A Review of the Literature Stephen B. DeLoach Section E – Scholarship of Teaching and Learning 35. Data Resources and Econometric Techniques William Bosshardt and Peter E. Kennedy 36. Lessons from Physics Education Research: Lessons for Economics Education Mark Maier and Scott Simkins 37. Journals and Beyond: Publishing Economics Education Research Peter Davies and William L. Goffe PART IV: CONTENT 38. Less is More: The Perils of Trying to Cover too Much in Microeconomic Principles Robert H. Frank 39. Macroeconomic Principles are Still Relevant and Still Important William A. McEachern 40. Teaching Non-Majors Deborah M. Figart 41. Intermediate Microeconomics Walter Nicholson 42. Intermediate Macroeconomics Christopher L. Foote 43. Teaching Undergraduate Econometrics Jeffrey M. Wooldridge 44. An Interdisciplinary Approach to Teaching Antitrust Economics Roger D. Blair and Christine Piette Durrance 45. The Economics of Education: Applying Economic Theory and Empirical Tools to Public Policy Jessica S. Howell 46. Environmental and Natural Resource Economics: Teaching the Non-Major and Major Simultaneously Lynne Y. Lewis 47. Teaching Experimental Economics: Reinforcing Paradigms and Bringing Research into the Undergraduate Classroom Charles A. Holt 48. Game Theory in a Liberal Arts Education Joseph E. Harrington, Jr. 49. Teaching a Research-Inspired Course on Growth and Development Marla Ripoll 50. Teaching American Economic History Price Fishback and Pamela Nickless 51. The Economic History of European Growth Daniel Barbezat 52. Why and How to Teach the History of Economic Thought: Economics as Historically Produced Knowledge Avi J. Cohen and Ross B. Emmett 53. Health Economics – Methods for a New Field Allen C. Goodman 54. Teaching Undergraduate Industrial Organization Economics Elizabeth J. Jensen 55. Teaching International Finance, Adapting to Globalization Stefan C. Norrbin and Onsurang Norrbin 56. Teaching International Trade by Bridging the Gap between Theory and Practice Raymond Robertson 57. Building Human Capital in the Labor Economics Course Barry T. Hirsch 58. The Challenges and Pleasures of Teaching Law and Economics Thomas S. Ulen 59. Teaching Managerial Economics with Problems Instead of Models Luke M. Froeb and James C. Ward 60. Using Real-World Applications to Policy and Everyday Life to Teach Money and Banking Dean Croushore 61. Teaching Political Economy to Undergraduate Students William Waller 62. Some Reflections on Teaching the Economics of Poverty James P. Ziliak 63. Public Economics Edgar O. Olsen 64. Sports Economics as Applied Microeconomics Peter von Allmen, Michael A. Leeds and Brad R. Humphreys 65. Using Location, Agglomeration, and Policy Issues to Teach Urban Economics Daniel P. McMillen 66. Women and Men in the Economy Francine D. Blau and Anne E. Winkler PART V: INSTITUTIONAL / ADMINISTRATIVE Section A – Faculty Development: Mentoring, Evaluation, Documentation and Resources 67. Faculty Development: Mentoring, Evaluation, Documentation and Resources Rae Jean B. Goodman Section B – Undergraduate Education 68. The Economics Major in the United States John J. Siegfried 69. Curricular and Co-curricular Aspects of the Economics Major at Highly Ranked Schools David H. Dean and Robert C. Dolan Section C – The Characteristics of Economics Graduate Students 70. The Characteristics of Economics Graduate Students Wendy A. Stock Section D – International Economic Education 71. Supporting Economics Higher Education in the United Kingdom John Sloman and Inna Pomorina 72. Economics Education in Australia Alan Duhs and Ross Guest 73. Ordonomics and the Current State of Economic Education in Germany Ewald Mittelstaedt and Claudia Wiepcke PART VI: INITIATIVES FOR TEACHING ENHANCEMENT Section A – Private, Corporate and Government Funding for Economic Education 74. Private, Corporate and Government Funding for Economic Education William T. Alpert and Michael A. MacDowell Section B – An Introduction to Economic Organizations in the US and Beyond 75. Near and Far – An Introduction to Economic Education Organizations in the US and Beyond Franklin G. Mixon, Jr Section C – Economics Teaching Workshops: Past, Present, Future 76. Economics Teaching Workshops: Past, Present, and Future Joab N. Corey, James D. Gwartney and Gail M. Hoyt Index

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Book SynopsisBeyond Intellectual Property explores the many means by which information is protected. Based on thorough empirical research in the US and Europe as well as practical experience of economic innovation, it goes far beyond the traditional realm of intellectual property (IP). It also identifies the need for urgent reform of present arrangements and suggests practical ways of achieving this.New instruments for protecting investment in information have been historically important for initiating long-wave economic cycles. William Kingston argues that although IP has been one such method, it is increasingly proving ineffective because its laws have been progressively shaped by the interests that benefit from them, rather than by visions of the public good. He demonstrates that repair will require such visions, which would also underwrite radically new forms of information protection.This insightful book defines, describes and distinguishes between information, knowledge and meaning, and explains why information now needs changed forms of legal protection if it is to be of genuine economic value. As such, it will be of great interest to economic policy-makers, students of IP and innovation, patent agents and attorneys.Trade Review‘. . . this is an enjoyable and thought-provoking review of the challenges surrounding market intervention to provide monopolies for information. Because it draws on a lengthy period of study and thoughtful reflection acquired during Kingston’s lengthy career, it provides even a well-informed reader with new information and insights.’ -- Hazel V.J. Moir, Prometheus‘Bill Kingston. . . with decades of publishing one insightful analysis after another. He has done it again. The book is interesting because it traces the history of information protection, and the semantics of information, across the centuries, in what I characterize as a free-flowing approach, which makes reading this particular history much more enjoyable. He reviews the troubles all branches of IP have had dealing with information, and near the end reviews some of the solutions.’ -- PATNEWS‘For all those who are interested in and concerned about the future of IP, this book is required reading.’ -- European Intellectual Property ReviewTable of ContentsContents: Preface 1. Information, Property Rights and Innovation 2. The Most-used Information Protection Means: Capability and Marketing 3. Protecting Disembodied Information: ‘Intellectual Property’ 4. International Information Protection 5. Information Protection and Visions of the Public Good 6. How Interests Came to Shape Information Protection 7. Rescuing a Dysfunctional System 8. Compulsory Arbitration for Dispute Resolution 9. Better Measurement for Information Protection 10. Protecting the Information of Smaller Firms 11. Direct Protection of Innovation 12. Epilogue: Must Interests Prevail? Index

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Book SynopsisThe objective of this volume is to apply the economic sociology perspective to issues of work broadly defined. Economic sociology is a vibrant area of research investigating how social structures, power allocations and cultural understandings shape the production, consumption, distribution and exchange of goods and services. The volume consists of three parts. Contributors of this title include prominent senior scholars and promising junior researchers from some of the most eminent academic institutions like Princeton University, Duke University, Brown University, the University of California-Berkeley, and Ecole Normale Superieur, Paris, France.Table of ContentsList of Contributors. Acknowledgments. Toward an economic sociology of work. Intimacy in economic organizations. Economic inequality among entrepreneurs. Routine inefficiency: operational satisficing and real-world markets. Good times, bad times: the effects of organizational dynamics on the careers of male and female managers. Economic globalization and increasing earnings inequality in affluent democracies. Hostess work: negotiating the morals of money and sex. Yard games: the social, symbolic, and economic logic of exchange in a scrap metal yard in Chicago. “The money is just immaterial”: relationality on the retail shop floor. The “independent” investigator: how academic scientists construct their professional identity in university–industry agricultural biotechnology research collaborations. Culture at work in post-Soviet Russia. An economic sociology of informal work: the case of India. How to make care work visible? The case of dependence policies in France. Prison labor and the paradox of paid nonmarket work. About the Authors. Index. Research in the sociology of work. Economic sociology of work. Copyright page.

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Book SynopsisThis highly topical book presents a new theory on the characteristics of entrepreneurial knowledge. It explores the recent shift among professional economists and scholars in their evaluation of the debate of socialism. Socialism, Economic Calculation and Entrepreneurship presents an application of Israel M. Kirzner’s theory of entrepreneurship to the theory of the impossibility of socialism. It discusses the influence of the fall of socialism, with particular reference to the evolution of economic thought. With innovative and timely discussions, this book will appeal to students and academics in the fields of economic systems, the economic analysis of socialism and the history of economic thought. This important resource will also be greatly received by all scholars and students interested in Austrian economics.Trade Review'A leading scholar in the tradition of the Austrian School of Economics, Professor Jesús Huerta de Soto presents a powerful analysis of socialism in a book dedicated to Ludwig von Mises, who underlined the theoretical failures of socialism and opened the famous economic calculation debate of the 1920s and 1930s. Then, as now, economic crises were widely attributed to freedom, business and markets. Then, as now, it was necessary to indicate the interventionist origins of trade cycles, the negative effects of economic policies, the crucial positive force of entrepreneurship, and the intellectual errors and terrible practical consequences of the enemies of liberty. Huerta de Soto's is, accordingly, a very timely book.'Table of ContentsContents: Foreword by Peter J. Boettke 1. Introduction 2. Entrepreneurship 3. Socialism 4. Ludwig von Mises and the Start of the Debate on Economic Calculation 5. The Unjustified Shift in the Debate Toward Statics: The Arguments of Formal Similarity and the So-called ‘Mathematical Solution’ 6. Oskar Lange and the ‘Competitive Solution’ 7. Final Considerations Bibliography Index

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Book SynopsisThis highly topical book presents a new theory on the characteristics of entrepreneurial knowledge. It explores the recent shift among professional economists and scholars in their evaluation of the debate of socialism. Socialism, Economic Calculation and Entrepreneurship presents an application of Israel M. Kirzner’s theory of entrepreneurship to the theory of the impossibility of socialism. It discusses the influence of the fall of socialism, with particular reference to the evolution of economic thought. With innovative and timely discussions, this book will appeal to students and academics in the fields of economic systems, the economic analysis of socialism and the history of economic thought. This important resource will also be greatly received by all scholars and students interested in Austrian economics.Trade Review'A leading scholar in the tradition of the Austrian School of Economics, Professor Jesús Huerta de Soto presents a powerful analysis of socialism in a book dedicated to Ludwig von Mises, who underlined the theoretical failures of socialism and opened the famous economic calculation debate of the 1920s and 1930s. Then, as now, economic crises were widely attributed to freedom, business and markets. Then, as now, it was necessary to indicate the interventionist origins of trade cycles, the negative effects of economic policies, the crucial positive force of entrepreneurship, and the intellectual errors and terrible practical consequences of the enemies of liberty. Huerta de Soto's is, accordingly, a very timely book.'Table of ContentsContents: Foreword by Peter J. Boettke 1. Introduction 2. Entrepreneurship 3. Socialism 4. Ludwig von Mises and the Start of the Debate on Economic Calculation 5. The Unjustified Shift in the Debate Toward Statics: The Arguments of Formal Similarity and the So-called ‘Mathematical Solution’ 6. Oskar Lange and the ‘Competitive Solution’ 7. Final Considerations Bibliography Index

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Book SynopsisThis collection of specially commissioned chapters takes one of the oldest theoretical approaches on federalism in the law and puts it in the service of the new empirically minded law and economics. A federalist structure, at least in principle, allows for quasi-experimental examinations and evaluations of the effects of various policies that would be more difficult in unitary systems. Although legal scholars have talked about this topic for decades, rarely has the law and economics literature treated federalism empirically in such a systematic and useful way. The Law and Economics of Federalism begins with a generalized discussion of US federalism in the environmental context and in social welfare programs. Additionally, new empirical work is provided on the effect of state regulations on entrepreneurism, consumer protection law and crime policies. Expert contributors then turn to an analysis of inter-jurisdictional arrangements on the development of Native American communities, as well as the interplay among the levels of government on budgetary issues. Lastly, the book addresses the notable dearth of empirical analysis of federalism in the EU with an illuminating analysis of the EU's institutional background that will spur comparable empirical work in the future. This unique study offers valuable insights on federalism that will be welcomed by students and academics in law and economics. The innovative proposals on federalism as a vehicle for the empirical identification of policy effects will be of great interest to policymakers.Contributors include: T.L. Anderson, M.P. Bitler, J.A. Dove, M. Faure, R.K. Fleck, B. Galle, J.B. Gelbach, F.A. Hanson, J. Klick, D. Parker, R.S. Sobel, J.D. Wright, M. ZavodnyTable of ContentsContents: Introduction Jonathan Klick 1. Congressional Control of State Taxation: Evidence and Lessons for Federalism Theory Brian Galle 2. Harmonisation of Private Law in Europe Michael Faure 3. Lessons in Fiscal Federalism from American Indian Nations Terry L. Anderson and Dominic P. Parker 4. Do Profits Promote Pollution? The Myth of the Environmental Race to the Bottom Robert K. Fleck and F. Andrew Hanssen 5. Uncontrolled Experiments From the Laboratories of Democracy: Traditional Cash Welfare, Federalism, and Welfare Reform Jonah B. Gelbach 6. Medicaid Marianne P. Bitler and Madeline Zavodny 7. Entrepreneurial Creative Destruction and Legal Federalism John A. Dove and Russell S. Sobel 8. Federalism and the Rise of State Consumer Protection Law in the United States Joshua D. Wright Index

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