This thesis is a formal refutation of the characteristics approach to the economics of quality, which is particularly associated with Kelvin Lancaster. Many of the criticisms apply equally to other approaches to the economics of quality

Spanish Abstract: Durante años se ha dicho que en Colombia se practican 400 mil abortos clandestinos anuales, sin ninguna justificación y contra toda evidencia. Este artículo contrasta la validez de esa cifra. Primero explora cuál pudo ser la fuente inicial y luego muestra que ese cálculo...

The U.K.'s decision to leave the EU and the voting in of the protectionist Donald Trump to the US presidency has drawn both the UK and the USA into the Nash Trap.U.S. mathematician John Nash (the movie ‘A Beautiful Mind') postulated that Adam Smith's declaration that ‘In competition,...

One approach to analyzing inequality is to compare average economic choices from a classical theoretical framework. Another approach considers the impact of the formation of society, through statutes and institutions, on average economic outcomes. This paper studies the effects of slavery on...

Over the past twenty-five years the Duke history of economics faculty, together with the collection development librarians in the David M. Rubenstein Rare Book and Manuscript Library, have been gathering the papers of notable (mostly) twentieth century economists in what is now called The...

This paper provides an analysis of India’s existing regulatory regime and its evolution over the last 25 years, and the efforts to improve the regulatory framework as India has transitioned towards a market economy. The paper argues that while India has implemented many sector specific...

Here is an early sample of a work in progress: a masterclass in applied economic theory and policy analysis—wrapped in the great American novel. In five acts, the novel takes its readers through an important quarter century of the American experience from the perspectives of five close family...

Here is an early sample of a work in progress: a masterclass in applied economic theory and policy analysis—wrapped in the great American novel. In five acts, the novel takes its readers through an important quarter century of the American experience from the perspectives of five close family...

The subject we have addressed in this study belongs to a very important complex of issues now, before the new millenium, when the informational society makes its presence felt in all the activity fields, when the value is perceived as an information on a good or a service in relation to the...