This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … millennia, although at times it has been pivotal in bringing innovation, taking risks and driving efficiency. It is argued that … innovation cycles, stressing that only an evolutionary, multi-disciplinary, systems approach embracing technology, finance, and …

Four types of “economics” relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics … or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural … Economics). The paper argues that an extension of Neoclassical Economics with elements from other social sciences (including …

In many countries there is a considerable gender gap in enrolment for a bachelor’s degree in Economics, arguably an … discriminating against female applicants. What we find is that girls are less likely to apply for a bachelor’s degree in Economics to … Maths in high school and this may deter them from applying to study Economics at the university level. However, even among …

happiness research is able to contribute important insights for economics. We report how the economic variables income …

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …