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Cinema articulates the economic anxieties of each generation of filmmakers and audiences. It has an influence on people’s views on various economic issues and many orders of magnitude larger than that of economics as a discipline. This book offers a sweeping study of the representation of...
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The paper develops a theoretical approach to the boundaries of the multi-national firm in the context of institutional constraints in host countries, focusing especially on corruption. The model incorporates two types of corruption: petty bureaucratic corruption and high-level political...
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This survey reviews the existing macro-level empirical literature on the link between infrastructure and development in a critical light. After providing a general framework that casts the problem in the context of an aggregate production function, it signals what are the relevant empirical...
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We propose an elementary theory of wars fought by fully rational contenders that features three of the main rationalist explanations for armed conflicts: uncertainty, commitment, and indivisibility. Two parties play a Markov game that combines stages of bargaining, where offers are made, with...
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