Wealth and growth in today’s economy are driven primarily by intangible resources (Lev & Zambon, 2003). The importance of intangible assets as strategic resources is nothing new. Marshall (1890) already recognised the importance of knowledge as a significant resource and a powerful production factor. However, a growing interest in their management and in developing valuation and measurement mod...

This paper presents a dynamic model of consumer choice incorporating consumption externalities. The model is deliberately minimalist and symmetric, so that there are no endogenous or exogenous factors causing consumers in aggregate to favour one particular commodity rather than another. Yet, the results of simulations show that remarkable switches and reswitches in patterns of demand can arise ...

The meanings expressed by the world’s languages have been argued to support efficient communication. Evidence for this hypothesis has drawn on cross-linguistic analyses of vocabulary in semantic domains both content words (e.g. kinship terms (Kemp & Regier 2012); color (Regier, Kay Khetarpal 2007; Zaslavsky, Kemp, Tishby 2018)) and function (e.g.quantifiers(Steinert-Threlkeld2021); indefini...