The Global Diamond Industry: Economics and Development brings together a collection of papers covering various aspects of the diamond industry including economics, law, history, sociology and development across two volumes.

Dedication Acknowledgement Introduction List Of Tables And Figures PART I: DE BEERS AND THE DIAMOND INDUSTRY 1. Markets: Continuity And Change In The International Diamond Market; Debora Spar 2. Institutional Aspects Of The Organization And Operation Of The International Diamond Market; M.Levin, I. Sheveleva 3. The Impact Of External Forces On Cartel Network Dynamic: Direct Research In The Diamond Industry; S. Gupta, M. Polonsky, A. Woodside, C.M Webster 4. Diamonds: Exploration, Mines And Marketing; George Read And A. J. A Janse 5. A Cartel's Response To Cheating: An Empirical Investigation Of The De Beers Diamond Empire; D.Bergenstock, M.E. Deily And L.W Taylor PART II: ECONOMICS OF DIAMOND PRICES 6. The Economics Of Diamond Price Movements; G.Ariovich 7. Rough Diamonds: Auctions Bring Sweeping Changes In Pricing, Distribution; Russel Shor 8. Diamonds- A Precious New Asset?; Benjamin R. Auer, Frank Schuhmacher 9. An Examination Of Diamonds As An Alternative Asset Class: Do They Have What It Takes To Make A Portfolio Sparkle?; Kenneth Small, Jeff Smith And Erika Small 10. Hard Assets: The Returns On Rare Diamonds And Germs; Luc Renneboog 11. Shine Bright Like A Diamond: A Hedonic Model Of Grading And Pricing An Experience Good; Justin A. Lee, Steven B. Caudil, And Franklin G. Mixon Jr. 12. Pricing Anomalies In The Market For Diamonds: Evidence Of Conformist Behavior; Frank Scott And Aaron Yelowitz Index