Is there an economic rationale for pronatalist policies? We propose and analyze a particular market failure that leads to inefficiently low fertility in equilibrium. The friction is caused by the lack of ownership of children: if parents have no claim on their children’s income, the private...

Nanotechnology is a unique field encompassing many disciplines and specializations. Collaboration between firms is important the development of the field and collaboration across sub-fields may be particularly beneficial – stimulating innovation through the exchange of information. Based on a...

Purpose - To assess whether a programme of "crackdown and consolidation" could lead to measurable and sustainable reductions in domestic burglary. Design/methodology/approach - In 1998 the Home Office reducing burglary initiative was launched in England and Wales. Phase I comprised 63 projects;...