Summary of JOIE article (15 November 2024) by Shaun P. Hargreaves Heap and Paul Lewis, Department of Political Economy, King’s College, London. The full article is available on the JOIE website. Walter Lippmann bestrode the 20th century. He was an award winning journalist who had the ear of every President from Woodrow Wilson to LBJ. He wrote…
Author: Nikhilesh Sinha
Nikhilesh Sinha teaches courses at the Hult International Business School London, where he is also a Research Fellow. While his primary discipline is economics, his research draws on the wider social sciences and is focused on issues facing the poor in developing countries, particularly in Asia and Africa. He has published most recently on rental housing and on the 2010 Microfinance Crisis in India.
Polycentric Governance in Collusive Agreements
Summary of JOIE article (15 November 2024) by W. Benedikt Schmal, Economic Theory Group, Ilmenau University of Technology, Germany. The full article is available on the JOIE website. Corporate cartels are known for their capacity to manipulate markets while avoiding legal scrutiny, presenting themselves as fascinating examples of organisational innovation in illegal domains. This paper extends…
Call for Papers – Sveriges Riksbank Prizes
Sveriges Riksbank Prizes in Economic Sciences in Memory of Alfred Nobel After the recent announcement in October 2024, there are now 11 Nobel Laureates cited for work in institutional economics (broadly defined): 2024 Daron Acemoglu 2024 Simon Johnson 2024 James A. Robinson 2009 Elinor Ostrom 2009 Oliver E. Williamson 1993 Douglass C. North 1991 Ronald…
The Role of Political Institutions in the Economic Convergence Process
Summary of JOIE article ( 19 September 2024) by Laura Lopez Gomez, Faculty of Tourism and International Relations, University of Murcia, Murcia, Spain The full article is available on the JOIE website. Imagine the Eurozone as a grand marathon where each runner starts at different times and from various points, yet the ultimate goal is for everyone…
Environmental enforcement, property rights, and violence: evidence from the Brazilian Amazon
Summary of JOIE article ( 27 August 2024) by Gustavo Magalhães de Oliveira, Institute for Food and Resource Economics, University of Bonn and Bruno Varella Miranda, Insper Institute of Education and Research, São Paulo, Brazil. The full article is available on the JOIE website. When you think of Brazil, vibrant festivals and stunning landscapes often come…
Comparing Ostrom’s Design Principles to Habraken’s Open-Building Framework: Disentangling a Polycentric Built Environment
Summary of JOIE article ( 2 March 2021) by John B. Horowitz, Department of Economics, Ball State University, Muncie, USA. The full article is available on the JOIE website. From the 1960s through the 1990s, architect John Habraken and a few like-minded architects developed the Open-Building framework because they were concerned about centralized control of the built environment and wanted…
Regional financial disparity in India: can it be measured?
Summary of JOIE article ( 12 May 2021) by Rashmi Arora and P. B. Anand, Faculty of Management, Law & Social Sciences, University of Bradford, Bradford, UK. The full article is available on the JOIE website. Recent discussions on inequality have focused on increasing global income and wealth inequality between individuals, inequality between countries and inequality among…
Location choice and Indian outward FDI: institutional quality vs institutional distance
Summary of JOIE article ( 11 December 2023) by Rishika Nayyar, University of Sussex Business School, Brighton, UK, and John Luiz, University of Sussex Business School and University of Cape Town, Rondebosch, South Africa. The full article is available on the JOIE website. Institutions exert an important influence on foreign direct investment (FDI) location choice – that is…
Determinants of Social Norms I – the Role of Geography
Summary of JOIE Article (07 December 2023) by Stefan Voigt, Institute of Law & Economics, University of Hamburg, Germany. The full article is available on the JOIE website. For a long time, scholars in institutional economics were primarily concerned with formal institutions such as state-made and -enforced laws. This has completely changed over the last…
The role of social aversion in the motivations for tax law compliance
Summary of JOIE article ( 03 May 2023) by Karnit Malka Tiv, Law School, Zefat Academic College, Zefat, Israel and Law School, Netanya Academic College, Netanya, Israel. The full article is available on the JOIE website. Deterrence has always played an important part in court decisions pertaining to tax offenses. In this respect, many decisions…