Innovating like China : a theory of stage-dependent intellectual property rights (2011)
Preprint / Working Paper
Chu, A., Cozzi, G., & Galli, S. (2011). Innovating like China : a theory of stage-dependent intellectual property rights

Inspired by the Chinese experience, we develop a Schumpeterian growth model of distance to frontier in which economic growth in the developing country is driven by domestic innovation as well as imitation and transfer of foreign technologies through... Read More about Innovating like China : a theory of stage-dependent intellectual property rights.

Production efficiency and excess supply (2011)
Preprint / Working Paper
Reinhorn, L. (2011). Production efficiency and excess supply

This paper demonstrates that intermediate goods should not be taxed even in the presence of dividend payments to households, thus clarifying previous results. We also find that optimal government policy in a second best world may include stockpiles o... Read More about Production efficiency and excess supply.

Performance effects of appointing other firms' executive directors (2011)
Preprint / Working Paper
Weir, C., Talavera, O., & Muravyev, A. (2011). Performance effects of appointing other firms' executive directors

This paper studies the relationship between directors’ human capital and the company’s performance. In particular, we focus on the effect on performance of non-executive directors who are also executive directors in other firms. We find a positive re... Read More about Performance effects of appointing other firms' executive directors.

Asset integration and attitudes to risk : theory and evidence (2011)
Preprint / Working Paper
Andersen, S., Cox, J., Harrison, G., Lau, M., Rutstroem, E., & Sadiraj, V. (2011). Asset integration and attitudes to risk : theory and evidence

Measures of risk attitudes derived from experiments are often questioned because they are based on small stakes bets and do not account for the extent to which the decision-maker integrates the prizes of the experimental tasks with personal wealth. W... Read More about Asset integration and attitudes to risk : theory and evidence.

I'll have what she's having : mapping social behavior (2011)
Book
Bentley, R., Earls, M., & O'Brien, M. (2011). I'll have what she's having : mapping social behavior. Massachusetts Institute of Technology Press

Humans are, first and foremost, social creatures. And this, according to the authors of I'll Have What She's Having, shapes--and explains--most of our choices. We're not just blindly driven by hard-wired instincts to hunt or gather or reproduce; our... Read More about I'll have what she's having : mapping social behavior.

The International Politics of the Red Sea. (2011)
Book
Ehteshami, A., & Murphy, E. (2011). The International Politics of the Red Sea. Routledge

This pioneering book is the first comprehensive study of the Red Sea as a sub-region of the international system in its own right. Examining the international politics of the Red Sea region from the Cold War to the present day, it argues that the Red... Read More about The International Politics of the Red Sea..

Public spending and volunteering : 'The Big Society', crowding out, and volunteering capital (2011)
Preprint / Working Paper
Bartels, K., Cozzi, G., & Mantovan, N. (2011). Public spending and volunteering : 'The Big Society', crowding out, and volunteering capital

The current British Government's "Big Society" plan is based on the idea that granting more freedom to local communities and volunteers willcompensate for a withdrawal of public agencies and spending. This ideais grounded on a widely held belief abou... Read More about Public spending and volunteering : 'The Big Society', crowding out, and volunteering capital.

Intertemporal utility and correlation aversion (2011)
Preprint / Working Paper
Andersen, S., Harrison, G., Lau, M., & Rutstroem, E. (2011). Intertemporal utility and correlation aversion

Convenient assumptions about qualitative properties of the intertemporal utility function have generated counter-intuitive implications for the relationship between atemporal risk aversionand the intertemporal elasticity of substitution. If the inter... Read More about Intertemporal utility and correlation aversion.

Is there a 'Neutral theory of Anthropology'? (2011)
Journal Article
Bentley, R., & Hahn, M. (2011). Is there a 'Neutral theory of Anthropology'?. Current Anthropology, 52(1), 117-118. https://doi.org/10.1086/657643

Lansing and Cox open a welcome discussion of the potential for neutral models in anthropology—it has been almost 50 years since the original neutral models were applied to DNA sequences (e.g., Kimura 1968) and then later to biological phenotypes (e.g... Read More about Is there a 'Neutral theory of Anthropology'?.

How to govern Darfur? (2011)
Preprint / Working Paper
Morton, J. (2011). How to govern Darfur?

In 1934, William Luce went on his first ever trek as Assistant District Commissioner, Nyala. A young man, he was looking for good horses, and he was keen to shoot his first lion. But there was business to attend to as well. South-east of Idd al Ghana... Read More about How to govern Darfur?.

Discounting behavior : a reconsideration (2011)
Preprint / Working Paper
Andersen, S., Harrison, G., Lau, M., & Rutström, E. (2011). Discounting behavior : a reconsideration

We re-evaluate the theory, experimental design and econometrics behind claims that individualsexhibit non-constant discounting behavior. Theory points to the importance of controlling for thenon-linearity of the utility function of individuals, since... Read More about Discounting behavior : a reconsideration.

Non-linear mixed logit (2011)
Preprint / Working Paper
Andersen, S., Harrison, G., Lau, M., & Rutstroem, E. (2011). Non-linear mixed logit

We develop an extension of the familiar linear mixed logit model to allowfor the direct estimation of parametric non-linear functions defined over structuralparameters. Classic applications include the estimation of coefficients of utilityfunctions t... Read More about Non-linear mixed logit.

Media sentiment and UK stock returns (2011)
Preprint / Working Paper
Ferguson, N., Guo, J., Lam, H., & Philip, D. (2011). Media sentiment and UK stock returns

This paper is the first to determine the effect that media sentiment has on stockreturns for UK companies and tests whether there is any return predictabilitycontained in the UK media sentiment data. We show that measures of positive andnegative medi... Read More about Media sentiment and UK stock returns.