Switching costs and network effects bind customers to vendors if products are incompatible,
locking customers or even markets in to early choices. Lock-in hinders customers from …

This paper surveys some applications of cooperative game theory to supply chain
management. Special emphasis is placed on two important aspects of cooperative games …

Notwithstanding great progress in scientific and economic understanding of climate change,
it has proven difficult to forge international agreements because of free-riding, as seen in the …

How to Divide When There Isn't Enough develops a rigorous yet accessible presentation of
the state-of-the-art for the adjudication of conflicting claims and the theory of taxation. It …

Trading losses associated with information asymmetries can be mitigated by designing
securities which split the cash flows of underlying assets. These securities, which can arise …

Traditional analyses of industrial behavior typically link the exercise of market power in an
industry to internal features such as demand conditions, concentration, and barriers-to-entry …

The authors of this timely and provocative book use the tools of economic analysis to
examine the formation and change of political borders. They argue that while these issues …

Networks pervade social and economic life, and they play a prominent role in explaining a
huge variety of social and economic phenomena. Standard economic theory did not give …

We study the competition between two political parties for seats in a legislature. The parties
have fixed positions on some issues, but vary their positions on others in order to attract …

This book develops an integrated approach to understanding the American economy and
national elections. Economic policy is generally seen as the result of a compromise between …