The origin of this special issue of The Annals lies in a conference on the interaction between economics and other disciplines held under the auspices of the Society for the Advancement of Behavioral Economics at San Diego State University. One example of fruitful interaction between economics and other disciplines is found in the study of economic development and cultural institutions such as language, prescribed gender roles, and ethnic identity. The articles in this volume offer fresh perspectives on the possible effects of cultural institutions on economic performance and politics. Many of the articles also investigate reasons why particular institutions arise and, in particular, how economic development affects cultural institutions.

This issue of The Annals offers new perspectives on various aspects of culture related to politics and the economy, including democracy, corruption, women s rights, wedding expenditures, and ethnic cleansing. The articles show that the analyses of economists can be useful in these new areas of application. To the extent that these are empirical analyses, research by economists does not necessarily differ from that performed by political scientists or sociologists studying similar issues. Some of the contributions to this volume show that some ideas found in economic theories, even though they were developed in the West, are applicable universally and can help us understand cultural institutions.

While the articles in this collection indicate that applying economic analysis to the study of culture is a productive avenue for research, this special issue raises more questions than it answers. We are still very far from understanding why cultures differ so dramatically. There is room for much further research into the multiple interrelationships between various economic, political, and cultural institutions. In this endeavor, we may benefit not only from more economic analysis but also from sociological and anthropological analysis and from cooperation between disciplines.

We also need more studies of investments in cultural capital by individuals, firms, families, and other groups, in part because such studies can help up design strategies and policies that work effectively to promote economic and social development. It is hoped that this volume of The Annals reveals the inevitability of dealing with cultural differences between countries and cultural changes over time."

Economics, like most other social sciences, is not a pure discipline. Indeed, it has been enhanced by the fact that there is so much overlap between it and the related fields of business, industrial relations, political science, social psychology, and sociology. This book is the first attempt to explain how work in economics has influenced and benefited from a merging of economic analysis with the research practices of these related fields of study. With contributions from leading economists from around the world, it demonstrates how economics is leading the way toward a more unified social science.

Economics, like most other social sciences, is not a pure discipline. Indeed, it has been enhanced by the fact that there is so much overlap between it and the related fields of business, industrial relations, political science, social psychology, and sociology. This book is the first attempt to explain how work in economics has influenced and benefited from a merging of economic analysis with the research practices of these related fields of study. With contributions from leading economists from around the world, it demonstrates how economics is leading the way toward a more unified social science.

The origin of this special issue of The Annals lies in a conference on the interaction between economics and other disciplines held under the auspices of the Society for the Advancement of Behavioral Economics at San Diego State University. One example of fruitful interaction between economics and other disciplines is found in the study of economic development and cultural institutions such as language, prescribed gender roles, and ethnic identity. The articles in this volume offer fresh perspectives on the possible effects of cultural institutions on economic performance and politics. Many of the articles also investigate reasons why particular institutions arise and, in particular, how economic development affects cultural institutions.

This issue of The Annals offers new perspectives on various aspects of culture related to politics and the economy, including democracy, corruption, women s rights, wedding expenditures, and ethnic cleansing. The articles show that the analyses of economists can be useful in these new areas of application. To the extent that these are empirical analyses, research by economists does not necessarily differ from that performed by political scientists or sociologists studying similar issues. Some of the contributions to this volume show that some ideas found in economic theories, even though they were developed in the West, are applicable universally and can help us understand cultural institutions.

While the articles in this collection indicate that applying economic analysis to the study of culture is a productive avenue for research, this special issue raises more questions than it answers. We are still very far from understanding why cultures differ so dramatically. There is room for much further research into the multiple interrelationships between various economic, political, and cultural institutions. In this endeavor, we may benefit not only from more economic analysis but also from sociological and anthropological analysis and from cooperation between disciplines.

We also need more studies of investments in cultural capital by individuals, firms, families, and other groups, in part because such studies can help up design strategies and policies that work effectively to promote economic and social development. It is hoped that this volume of The Annals reveals the inevitability of dealing with cultural differences between countries and cultural changes over time."

This book presents the theory of capital utilization, a discussion of the econometrics of capital utilization, and econometric tests of the theory using international data. Capital utilization, defined as the proportion of time that capital is working productively, is mainly affected by shift-working. Capital utilization is an important economic variable that has received serious attention from economists only since the mid-1960s In the first part, the authors provide a synthesis of current knowledge, combining a consistent statement of existing theory with some major extensions. In the second part, they turn to the econometrics, first discussing the appropriate methodology and then testing the theory on data from several countries. This empirical work is considerably more sophisticated than previous studies on this topic. Having established the theory and tested it, they move on to consider policy, the relationship between capital utilization and economic growth, and the place of shift-work in the dual economy.