In this presidential address published in 1902, Edwin Cannan affirms political economy as a vital cultural project. The central lessons to be imparted to society at large concern the principles upon which millions cooperate in creating wealth. He touches on international trade, housing, urban...

Today, more than ever, development of agriculture leans on science research results and their practical application. Research in the field of agriculture is conducted by large network of public institutions, institutes and universities are mostly directed toward improvement of production....

Motivated by problems of coordination failure observed in weak-link games, we experimentally investigate behavioral spillovers for order-statistic coordination games. Subjects play the minimum- and median-effort coordination games simultaneously and sequentially. The results show the precedent...