“...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 reexamine the effects of the anchoring manipulation of Ariely, Loewenstein, and Prelec (2003) on the evaluation of common market goods and find very weak...”

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

“...We argue that some, but not all, superstitions can persist when learning is rational and players are patient, and illustrate our argument with an example...”

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

“...The literature on the evolution of impatience, focusing on one-person decision problems, often finds that evolutionary forces favor the more patient...”

“...Arrow (1962) argued that since a monopoly restricts output relative to a competitive industry, it would be less willing to pay a fixed cost to adopt a new...”

“...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...”