This paper explores the potential of using empirical data to illuminate long-standing issues in legal theory. Sophisticated parties often include dispute-resolution clauses in major contracts. Because these terms are agreed to ex ante, they may represent the parties' mutual best judgment about...

For this invaluable collection, Professor Link has selected the most significant articles that have emerged in the last fifty years in the field of innovation policy. The first volume addresses the foundations of innovation policy and covers essential topics such as governments’ role in...

Discussing Economics treats discussion – meaning formal consideration of questions about a reading – as a new approach to learning economics. Setting out a detailed approach modeled on the ideas of Mortimer Adler and the Great Books Foundation, the authors explain why instructors should...

Choices are frequently made from lists where there is by necessity some ordering of options. In such situations individuals can exhibit both primacy bias towards the first option and recency bias towards the last option. We examine this phenomenon in a particularly interesting context: consumer...

This ground-breaking book focuses on the implications of the complexity vision, such as that held by economists at the Santa Fe Institute, for the teaching of economics. This complexity vision suggests that answers to questions such as how do markets develop and how do they evolve need to be...

This fascinating sequel to the 1998 Teaching Economics to Undergraduates provides more alternatives to the lecture and chalkboard approach that dominates university economics teaching. Distinguished contributing authors provide a wide range of innovative teaching techniques and examples aimed at...

This 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,...

This volume is concerned with the different schools within the discipline of economics (theoretical pluralism) and the relationship of economics to other disciplines, such as sociology, political science and philosophy (interdisciplinarity). It addresses the important implications of pluralism...

This comprehensive collection presents the classic articles in the economics of invention and innovation. It covers topics related to sources of inventive and innovative activity, including exogenous and endogenous innovation, with an emphasis on R&D activity and the diffusion of new techniques....

This volume presents the most important contributions of the last decade in the fields of science and innovation, demonstrating the key relationship between the two.