By framing development as an emergent property of collective consciousness, this paper provides a fresh epistemological lens to address local and global common challenges, such as inequality, social, cultural, and ecological degradation, and resource management through commoning. The paper...

We study a buyer-seller problem of a novel good for which the seller does not yet know the production cost. A contract can be agreed upon at either the ex-ante stage, before learning the cost, or at the ex-post stage, when both parties will incur a costly delay, but the seller knows the...