High income growth in many countries in East Asia and the Middle East has been accompanied by increasing income inequality and widening gaps between rich and poor, and urban and rural. It is therefore it is important to examine the interrelationships between inequality and economic growth. This...

Endogenous sunk-cost investments are optional fixed investment or capita, that a firm can choose to impact either upon its price-cost margin or its market share for capturing larger market spoils. Oft-cited examples are investments in vertical product (quality) differentiation, advertising...

The process of globalisation has its own dynamics and several serious flaws that have resulted in significant economic, political and social imbalances in the global political economy. Peace Science: Theory and Cases examines the implications of these imbalances for achieving lasting global...