This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange

Do financial derivatives enhance or impede innovation? We aim to answer this question by examining the relationship between equity options markets and standard

Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this

Globalization is not an external force but a result of concrete business decisions made by millions of entrepreneurs and managers across the world. As such, the