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Month: May 2025

Understanding Masahiko Aoki’s Comparative Institutional Analysis

Posted on May 22, 2025May 22, 2025 by Nikhilesh Sinha

Summary of JOIE article by Kazuhiro S. Taniguchi, Faculty of Business and Commerce, Keio University, Tokyo. The full article is available on the JOIE website. This paper examines the core features of Masahiko Aoki’s Comparative Institutional Analysis (CIA) by tracing its methodological foundations and conceptualization of institutions within his intellectual trajectory. Aoki (1938–2015) dedicated his career…

The complementarity between automation and flexible labor contracts

Posted on May 15, 2025May 15, 2025 by Nikhilesh Sinha

Summary of JOIE article by Silvio Traverso (University of Eastern Piedmont, Italy), Massimiliano Vatiero (University of Trento, Italy, and Università della Svizzera italiana, Switzerland)  and Enrico Zaninotto (University of Trento, and FBK-IRVAPP-Trento, Italy). The full article is available on the JOIE website. Since the 2000s, numerous European countries have implemented market-oriented reforms aimed at increasing external…

Transactions and Legal Institutionalism: Part II

Posted on May 14, 2025May 14, 2025 by Nikhilesh Sinha

Summary of JOIE article (24 April 2025) by Geoffrey M. Hodgson International Management, Loughborough University London, London, UK. The full article is available on the JOIE website. Contracts, money, and applications Part I of this article reviews major differences in definitions by six leading authors of the transaction concept (Hodgson, 2025). Part II develops toward a…

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