Recommended readings (Machine generated): Alan Kirman (1993), 'Ants, Rationality, and Recruitment', Quarterly Journal of Economics, 108 (1), February, 137-56 -- Sherwin Rosen (1981), 'The Economics of Superstars', American Economic Review, 71 (5), December, 845-58 -- Israel M. Kirzner (1997),...

Concordia is a new type of musical instrument, proposed by Johannes Kepler 400 years ago, now being built as an immersive distributed VR protocol to sonify celestial data (or indeed any data structure). Concordia is an instrument of investigation and discovery when users ‘play' that data...

What are the long-run economic and policy consequences of wide-spread blockchain technology adoption? We examine the structural economic effects of this institutional innovation as disintermediation in markets, dehierarchicalisation of organisations, and growing private provision of economic...

What are the long-run economic and policy consequences of wide-spread blockchain technology adoption? We examine the structural economic effects of this institutional innovation as disintermediation in markets, dehierarchicalisation of organisations, and growing private provision of economic...

A new economic model for analysis of scholarly publishing — journal publishing in particular — is proposed that draws on club theory. The standard approach builds on market failure in the private production (by research scholars) of a public good (new scholarly knowledge). In that model...