depends on the relative award the market assigns to intelligence versus other individual merits, which will also influence … equilibrium in the labour market implies that the reward to entrepreneurs depends more on social assets than on intelligence. This …

prominently, commanding 30% of current defense R&D spending, versus just about 13% for intelligence and anti-terrorism. The second … security. Intelligence emerges as the key aspect of the war against terrorism and, accordingly, R&D aimed at providing advanced … technological means for intelligence is viewed as the cornerstone of defense R&D. This entails developing computerized sensory …

sufficient intelligence by people with limited intelligence may dominate government regulation. …

these biases. The experiments yield three further findings: (iii) network cognition is affected by the subject's location …, (iv) the accuracy of network cognition varies with the nature of the network, and (v) limitations in network cognition …

We construct a model of revolution and transition to democracy under an individualistic and a collectivist culture. The … culture are more likely to end up adopting democracy faster than countries with a collectivist culture. Our instrumental … variable estimation suggests a strong and robust effect of individualistic culture on average polity scores and length of …

This paper makes three contributions to the growing literature on culture and economics. Using answers to the World … cultural distance; (iii) trade openness has a lock-in effect on culture. Third, we test the model using an instrumental …