Entrepreneurial Economics: Bright Ideas from the Dismal Science

Entrepreneurial Economics: Bright Ideas from the Dismal Science

by Alexander Tabarrok

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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.

Product Details

ISBN-13: 9780199728091
Publisher: Oxford University Press
Publication date: 02/28/2002
Sold by: Barnes & Noble
Format: NOOK Book
File size: 1 MB

Table of Contents

Foreword, Steven Landsburg
1. Introduction, Alexander Tabarrok
Part I. Wealth and Health Insurance
2. Macro Markets and Financial Security, Stefano Athanasoulis, Robert Shiller, and Eric van Wincoop
3. Gene Insurance, Alexander Tabarrol
4. Time-Consistent Health Insurance, John H. Cochrane
Part II. The Use of Information in Markets
5. Decision Markets, Robin D. Hanson
Part III. The Shortage of Human Organs
6. A Market for Organs, Andy H. Barnett, Roger D. Blair, and David L. Kaserman
7. The Organ Shortage: A Tragedy of the Commons?, Alexander Tabarrok
Part IV. Efficient Justice
8. A Modest Proposal to Improve Judicial Incentives, Steven Landsburg
9. Privatizing Probation and Parole, Morgan Reynolds
10. More Justice for Less Money: A Step beyond Cimino, David Friedman
Part V. Bankruptcy and Securities Regulation
11. Improving Bankruptcy Procedure, Philippe Aghion, Oliver Hart, and John Moore
12. Empowering Investors: A Market Approach to Securities Regulation, Roberta Romano
Part VI. Patents without Monopoly
13. Patent Buyouts: A Mechanism for Encouraging Innovation, Michael Kremer
VII. Urban Transit
14. Curb Rights: Eliciting Competition and Entrepreneurship in Urban Transit, Daniel B. Klein, Adrian T. Moore, and Binyam Reja
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