Edited by George M. von Furstenberg, this volume presents the rethinking of the functions and purposes served by international monetary arrangements at leading universities, banks, and official institutions

In addition to the usual range of local, state, and Federal taxes, the telecommunications sector faces a number of specific taxes and tax-like fees not faced by other industries. There is clear evidence that these sector specific taxes fail to satisfy the usual criteria of fairness, efficiency,...

Although the R&D tax credit is viewed, in part, as the equivalent to a uniform tax on all inputs, the effect is minimal (to the extent its effect is uniform across all inputs) and creates no substitution distortions. Shows that the current system offers a greater marginal incentive for R&D than...

A Behavioral Theory of the Firm presents a computational model of a duopoly that is based on observations of firm behavior and that incorporates a range of behavioral constructs. Because this model is starkly different from the traditional game-theoretic analysis of duopoly, it useful to compare...