A theory of transitional economies is now emerging, much of which is evolutionary-institutional in nature and hence very critical of the naïveté of socalled shock therapy and the economic reasoning that supported it. Indeed it has become apparent that changing the formal rules of the game,...

The use of convenience samples in experimental economics has long been the standard practice. However, little evidence exists regarding behavioural differences between students and adults in contingent valuation experiments using a payment mechanism other than a referendum vote. Evidence is...

One expects people with graduate training in economics to have a deeper understanding of economic processes and reasoning than people without such training. However, as others have noted over the past 25 years, modern graduate education may emphasize mathematics and technique to the detriment of...

Significant resources are being invested by government and the private sector in broadband infrastructure to increase broadband deployment and use. With a unique dataset of broadband availability (sorted by county), the authors assess whether broadband infrastructure has affected the industrial...