Rehabilitating Heckscher-Ohlin
Comparative advantage, the cornerstone of international trade, lacks a theory consistent with the data. This book rehabilitates the popular but rejected Heckscher-Ohlin model by endogenizing technology and focusing on natural resources within a framework of vertical trade.
Mechanism Design for Public Goods and Environmental Externalities
This book discusses crucial environmental problems, like global warming and nuclear disasters, by applying the unique Gorman-Lancaster-Sen’s approach. It provides a new way of thinking about the environment as a public good for students, professors, and policy makers alike.