We conduct an innovative analysis of sporting world records by a) using economic instead of sporting determinants and b) by using multivariate stochastic frontier functions. Using data from 48 different disciplines between 1970 and 2014, we show that world records are close to full efficiency...

The book focuses on the linkages between institutions, inequality and development. It analyzes formal political institutions, in particular the relationship between democracy and human development. It also centers on informal social institutions leading to the exclusion of population groups such...