“...The case against patents can be summarized briefly: there is no empirical evidence that they serve to increase innovation and productivity, unless productivity...”

“...Game theory has been a huge success in economics. Many important questions have been answered, and game theoretic methods are now central to much economic...”

“...It is widely believed that rational choice theory is grossly inconsistent with empirical observations about voter turnout. We report the results of an...”

“...We characterize transitions between stochastically stable states and relative ergodic probabilities in the theory of the evolution of conventions. We give an...”

“...Intellectual property (IP) protection involves a trade-off between the undesirability of monopoly and the desirable encouragement of creation and innovation...”

“...When a firm is forced to pay abnormally high wages, hiring transfers rents. This effectively endows the employer with the ability to grant favors, and he may...”

“...In the modern theory of growth, monopoly plays a crucial role both as a cause and an effect of innovation. Innovative firms, it is argued, would have...”

“...•We study how a group can sustain non-Nash actions through peer discipline.•Punishment is recursive: failure to punish may be punished.•Optimal plans are...”

“...This paper argues that incompleteness of intertemporal financial markets has little effect (on welfare, prices, or consumption) in an economy with a single...”