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Month: March 2019

Article Summary: “Institutional development, transaction costs and economic growth: evidence from a cross-country investigation” Mitja Kovač and Rok Spruk

Posted on March 18, 2019April 28, 2019 by Nikhilesh Sinha

Summary of JOIE article (Volume 12(1) 2016) by Mitja Kovač, Associate Professor, Faculty of Economics, University of Ljubljana and Rok Spruk, Assistant Professor, Faculty of Economics, University of Ljubljana. The article is open access and available on the JOIE website Understanding why some countries grow and others fail to do so is one of the…

Article Summary: “Conspicuous Consumption, Sexual Selection, and Social Institutions: The Darwinian Dynamic Thorstein Veblen Missed,” Jon D. Wisman

Posted on March 5, 2019April 28, 2019 by Nikhilesh Sinha

Summary of JOIE Article (Volume 15(1) February 2019), by Jon D. Wisman, Professor, Department of Economics, American University, Washington D.C. The full article is available on the JOIE website Of Veblen’s contributions to social science, two are foundational to the others: 1) His recognition of the necessity to ground social science in biology, a domain…

Article Summary: “Rules, perception and emotion: When do institutions determine behaviour?” Brendan Markey-Towler

Posted on March 5, 2019April 28, 2019 by Nikhilesh Sinha

Summary of JOIE article (First View, 16 November 2019) by Brendan Markey-Towler, Affiliated researcher, RMIT Blockchain Innovation Hub. The full article is available on the JOIE website In my recent paper, newly available online in the Journal of Institutional Economics, I develop a complete, coherent theory of how institutions obtain their hold over our behaviour. Drawing…

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