Mental ill health is the largest single cause of disability in the UK, contributing almost 23% of the overall burden of disease compared to about 16% each for cancer and cardiovascular disease. The economic and social costs of mental health problems in England are estimated at around £105...

We develop a model of securitized (Originate, then Distribute) lending in which both publicly observed aggregate shocks to values of securitized loan portfolios, and later asymmetrically observed discernment of the qualities of subsets thereof, play crucial roles, as in the recent paper of...

Extreme weather events represent the earliest, and in some places most significant, threats to the most vulnerable countries that are driven by climate change. An outcome of the 16th session of the Conference of the Parties (COP16) to the United Nations Framework Convention on Climate Change...

International efforts to provide global public goods often face the challenges of coordinating national contributions and distributing costs equitably in the face of uncertainty, inequality, and free-riding incentives. In an experimental setting, we distribute endowments unequally among a group...

The implications of extended and intensive use of near field communications (NFC) are far reaching for new business applications, for the delivery of public services such as transport, and for public policy. This technology is transformative for a large number of applications and has stimulated...

Background Conduct disorders are the most common psychiatric disorders in children and may persist into adulthood in about 50% of cases. The costs to society are high and impact many public sector agencies. Parenting programmes have been shown to positively affect child behaviour, but little is...

The lowering of trade barriers under the successive reforms of the pillar I of the Common Agricultural Policy, the opening of the commodity markets to an ever greater number of financial actors and the uncertainty created by climate change, amplify both production risk and market risks for...

The distribution of wealth is widening in many countries and with it the importance of inherited wealth. In 1974 a Labour Government came to power in the United Kingdom committed to introducing an annual wealth tax. It left office without doing so. Using the official archives of the time and...

The economic crisis and the threat of default have had significant repercussions on the Greek political system. The handling of the crisis by the new PASOK government has led to a new political and has added new problems to the party system. The purpose of this paper is twofold: First, to trace...