The new “new economy” involves not only novel information, but it is also characterized by increased spatial and functional fragmentations of the value-added chains. On the one hand they may give rise to information failures and problems of uncertainty which require the development of new...

THE 2005 JOINT MEETING with the American Economic Association will be held in Philadelphia, PA, January 7-9, 2005, as part of the Allied Social Science Association Meeting. The program will consist primarily of contributed papers. The program committee will be chaired by Colin Camerer of the...