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Entrepreneurial Economics: Bright Ideas from Dismal Science [NOOK Book]

Overview

This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable ...
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Entrepreneurial Economics: Bright Ideas from Dismal Science

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Overview

This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable improvements to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, patenting, and transportation. Written in the entrepreneurial spirit, these essays show economics to be an ambitious, dynamic, and far-from-dismal science.
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Product Details

  • ISBN-13: 9780199728091
  • Publisher: Oxford University Press
  • Publication date: 2/28/2002
  • Sold by: Barnes & Noble
  • Format: eBook
  • File size: 2 MB

Table of Contents

Contributors
Foreword
1 Introduction 3
Pt. I Wealth and Health Insurance
2 Macro Markets and Financial Security 23
3 Gene Insurance 47
4 Time-Consistent Health Insurance 53
Pt. II The Use of Information in Markets
5 Decision Markets 79
Pt. III The Shortage of Human Organs
6 A Market for Organs 89
7 The Organ Shortage: A Tragedy of the Commons? 107
Pt. V Efficient Justice
8 A Modest Proposal to Improve Judicial Incentives 115
9 Privatizing Probation and Parole 117
10 More Justice for Less Money: A Step beyond Cimino 129
Pt. V Bankruptcy and Securities Regulation
11 Improving Bankruptcy Procedure 153
12 Empowering Investors: A Market Approach to Securities Regulation 177
Pt. VI Patents without Monopoly
13 Patent Buyouts: A Mechanism for Encouraging Innovation 245
Pt. VII Urban Transit
14 Curb Rights: Eliciting Competition and Entrepreneurship in Urban Transit 275
Index 299
About the Independent Institute 315
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