This book provides an overview of the economic issues that are involved in the privatisation of firms, previously under public control. Combining a theoretical framework with case studies it asks which allocation mechanism can a government adopt and how will the choice of allocation mechanism...

This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the evolution of a particular world: the world of journal publishing economists during the period 1970-2000. We find that in the 1970's the world of economics was a collection of islands,...