In most of the world's professional sport leagues, the worst teams in better leagues are demoted while the best teams in weaker leagues are promoted. This article examines the economics of promotion and relegation, using data from English football (soccer). The crucial findings are as follows:...

Since the mid-1980s, the federal government has supported collaborative R&D in private consortia and between industry and national research laboratories. One justification for these activities is that they can solve 'public goods' problems associated with producing non-appropriable,...

Our introduction to this compendium reviews Alfred Kahn’s academic and policy interests, his activities as a regulator and advisor to governments and companies, and the interactions between these aspects of his life as an economist. Although best known for his research on the economics of...

We construct comprehensive and consistent datasets on telecommunications and electricity regulations in developing countries through extensive surveys of regulators. The database of telecommunications regulations includes 178 variables on regulatory governance and content in 45 countries. The...

A statement by a group of economists and scientists which met at Stanford University on October 18, 2008 to discuss the role of research and development in developing effective policies for addressing the adverse potential consequences of climate change.