The Property Rights Theory of Production Networks
This paper investigates the formation of production and trading networks in an economy with general interdependencies and complex property rights.
Research
State Capabilities for Problem-Oriented Governance
Governments around the world are increasingly recognizing the power of problem-oriented governance as a way to address complex public problems.
The Economic Context for Reforming the Safety Net
As we wrestle with the future of our safety net and social insurance programs, it is important to understand not only the features and outcomes associated with individual programs but also the broader
Procedural Justice and the Risks of Consumer Voting
Firms are increasingly giving consumers the vote.
Be Like an Orchestra: How to Eliminate Gender Bias in Venture Capital Funding
Redesigning recruitment around evidence-based insights could help diversify an industry still dominated by men.
Saudi Arabia’s Energy Infrastructure Under Attack. What’s Next?
If a single armada of drones can make its way across the Saudi airspace undetected and successfully hit targets with surgical precision and maximum damage, then one must conclude the country's vulnera
Endowments, Exclusion, and Exchange
We propose a new solution for discrete exchange economies and resource-allocation problems, the exclusion core.
The Currency Manipulation Game Is Afoot – but That’s Better Than a Trade War
The trade war between the United States and China is heating up again, with U.S.
Valuing US National Parks and Programs: America’s Best Investment
This book provides the first comprehensive economic valuation of US National Parks (including Monuments, Seashores, Lakeshores, Recreation Areas, Historic sites) and National Park Service (NPS) Progra
China, Like the US, Faces Challenges in Achieving Inclusive Growth Through Manufacturing
For more than three decades the goal of becoming “the factory of the world” has been at the core of China's development strategy.
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