The 2008 Nobel prize for economics was awarded to Paul Krugman for three papers - Krugman (1979, 1980, 1991). In this paper we illustrate that, indeed, these three papers are closely connected. We present - a summary of - the papers using a unified framework. Central in the discussion is the...

The protracted international dispute on currency manipulation has exposed the weakness of the contemporary international economic law framework in regulating the sovereign intervention on foreign exchange rate. The legal mandate of the WTO on currency manipulation remains questionable and the...

The 2008 Nobel prize for economics was awarded to Paul Krugman for three papers - Krugman (1979, 1980, 1991). In this paper we illustrate that, indeed, these three papers are closely connected. We present - a summary of - the papers using a unified framework. Central in the discussion is the...

This paper aims to synthesize the main conceptual and ontological discussion around the field of New Economic Geography. It starts out by laying down the fundamental reasons and motivations that led to the surge of New Economic Geography and provides the background in adjacent fields of economic...

Out of around 200 countries in the world, only 75 have number portability. What are the international factors that explain the diffusion of this regulatory policy? Research on policy diffusion offers several explanations: constructivist, coercion, competition, and learning. Each of these...

Moore suggested an exponential growth of the number of transistors in integrated electronic circuits. In this paper, Moore’s law is derived from a preferential growth model of successive production technology generations. The theory suggests that products manufactured with a new production...

This paper argues that the sharing economy — through the use of the Internet and real time reputational feedback mechanisms — is providing a solution to the “lemons problem” that many regulations, and regulators, have spent decades attempting to overcome. Section I provides an overview...

The powerful General Purpose Technology (GPT)-concept of the late 1990s is a culmination of evolutionary views in innovation-thinking. The scholarly contributions focusing on the (macro)-economical aspects being numerous, the technological aspects of the GPT-concept seem underdeveloped. Richard...

The unintended economic effect on society as result of individual behaviour — Adam Smith’s ‘Invisible Hand’ of economic progress in the eighteenth century — had its equivalent in technological progress. In the nineteenth century, again individual behaviour with its Acts of Innovation...