"This informative book reveals the pervasive nature of large inaccuracies in economic statistics. Drawing on numerous real-world examples including case studies from the COVID-19 pandemic, Peter van Bergeijk presents profound insights into how downplaying these errors undermines the scientific...

This open access book examines the multiple intersections between national and international courts in the field of investment protection, and suggests possible modes for regulating future jurisdictional interactions between domestic courts and international tribunals. The current system of...

Chapter 1. Prologue -- Chapter 2. Trading: Humans Are Heterogeneous Animals -- Chapter 3. Forecasting: Humans Are Prone-To-Predicting Animals -- Chapter 4. Aggregating: Humans Are Social Animals -- Chapter 5. Innovating: Humans Are Ingenious Animals -- Chapter 6. Epilogue.

South Africa is a water-stressed country that over a protracted period has suffered from poor water service delivery. The major problems are inefficient operations, lack of capacity in spending allocated budgets, unclear management structures, and a long term decline in capital expenditure....

This chapter deals with uncertainty and incomplete information in markets. It first considers situations in which the contract proposer is the ignorant party with the problem of designing a mechanism that induces the counter party, who is exogenously endowed with his information, to reveal that...

This paper aims to illustrate the dynamics of coal trade between Latin America and its main trade partners, i.e. the USA, Great Britain and Germany, before and after the enormous disruption caused by the First World War. The coal trade was used as an indicator of modernization for Latin American...