5,022 research outputs found

    The Managerial Enterprise: A Model of Expected Payoffs and Some Empirical Results

    Get PDF

    The Social Cost of Adoption Agencies

    Get PDF

    Barriers to Entry as a Measure of a Firm\u27s Monopoly Power

    Get PDF

    Merger Policy and Trade Policy in an Open Economy

    Get PDF

    Patents, Licensing, and Restrictions on Competition

    Get PDF

    Property Rights and Contract Enforcement in the Post-Zombie Apocalypse

    Get PDF
    After the Zombie Apocalypse, the ROUNZ [Rest Of Us Non-Zombie] settlements will need to redevelop institutions to allocate scarce resources within their own communities, both for internal economic growth and for providing defense against the Zombie attackers.The problem for the settlements will be how to allocate the scarce goods as well as how to allocate the risks. More likely than not, groups will initially develop systems of command and control. Some person or group will gain a monopoly over the use of force, using some combination of charisma and fear as a motivator.The important long-term outcome will be that those settlements that create and enforce private property rights and enforceable contracts, albeit within a governing system relying on a monopoly over the use of force, will be likely to emerge more dominant over the long run. The evidence from the past two centuries [pre-Zombie apocalypse] shows that time and again, no matter who wins the wars, economies based on enforceable property rights, legal entitlements, and enforceable contracts tend to becom

    Assessing the Relative Impacts of Economic Journals

    Get PDF
    corecore