The efficiency of market-determined risk classification in automobile insurance is a lasting matter of controversy. It can be traced back to the 1950s (Muir, 1957) and received broad economic attention in the 1980s when spiralling car insurance premiums in the US were blamed on tariff...

This paper uses new product-specific, micro-level US data to show that New England had lower levels of productivity in cotton spinning than Lancashire, c. 1900, contradicting results derived by Broadberry from the Censuses of Production. The discrepancy stems from the Censuses’ poor methods of...

The issue of worker satisfaction is important both for the sake of individuals themselves and also for employers for whom happy staff should be productive staff. Highly satisfied staff have been shown to have lower propensities to quit and to be absent. Whilst there have been some interesting...

By drawing on the Job Demands and Resources Model, this review article develops a conceptual framework to advance theoretical understanding of the relationship between job-related demands and resources, employee well-being and innovativeness. In conditions characterized by too high levels of...

Geographical Information Systems (GIS) are used for inputting, storing, managing, analysing and mapping spatial data. This article argues that each of these functions can help researchers interested in spatial economics. In addition, GIS provide access to new data which is both interesting in...

Many cultural products have the same nonrival nature as scientific knowledge. They therefore face identical difficulties in creation and dissemination. One traditional view says market failure is endemic: societies tolerate monopolistic inefficiency in intellectual property (IP) protection to...

This paper presents a model of international trade that features heterogeneous firms, relative endowment differences across countries, and consumer taste for variety. The paper demonstrates that firm reactions to trade liberalization generate endogenous Ricardian productivity responses at the...

In order to value non-market goods, economists estimate individuals’ willingness to pay (WTP) for these goods using revealed or stated preference methods. We compare these conventional approaches with subjective well-being (SWB), which is based on individuals’ ratings of their happiness or...