Prizes are receiving increasing attention in policy and entrepreneurial communities as means to promote innovation, but …

Policy and entrepreneurial communities are increasingly promoting innovation by using prizes but their distinguishing …

This paper examines whether the welfare gains from technological innovation that reduces future abatement costs are … innovation depend on three key factors - the initially optimal level of abatement, the speed at which innovation reduces future … abatement costs, and the discount rate. We calculate the welfare gains from innovation under a variety of different scenarios …

This paper examines whether the welfare gains from technological innovation that reduces future abatement costs are … innovation depend on three key factors: the initially optimal level of abatement, the speed at which innovation reduces future … abatement costs, and the discount rate. We calculate the welfare gains from innovation under a variety of different scenarios …

books reviewed, in terms of the five themes of Prometheus, i.e. Technological Change, Innovation, Information Economics …

This paper reviews the contribution that Prometheus has made over the past 20 years to the literature on innovation …, innovation policy and technological change. I offer first a necessarily subjective view of how the research literatures of … innovation and innovation policy have developed in recent decades. I then compare that account with an interpretation of the …

liability and regulation as determinants of readiness and the adequacy of incentives for technological innovation in oil spill …