Summary of Hodgson, Geoffrey M. (2018) ‘Taxonomic Definitions in Social Science, with Firms, Markets and Institutions as Case Studies’, Journal of Institutional Economics, published online. Forthcoming in issue 15(2), April 2019. DOI: 10.1017/S1744137418000334. By Geoffrey M. Hodgson, Loughborough University London, UK. This paper is open access and is available HERE. Introduction Definitions are crucial for social science. This…
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.
How do political institutions affect fiscal capacity? Explaining taxation in developing economies”
Summary of JOIE article “How do political institutions affect fiscal capacity? Explaining taxation in developing economies”, by Roberto Ricciuti, University of Verona and CESifo; Antonio Savoia, Global Development Institute, University of Manchester; and Kunal Sen, UNU-WIDER and Global Development Institute, University of Manchester. The full article is available on the JOIE website. The capability to raise revenues from taxes – often called fiscal…
An Update on the 2016 Thomson-Reuters Citation Impact Factor for JOIE
Geoffrey M Hodgson JOIE Editor-in-Chief The previously-announced citation impact factor for JOIE turns out to be incorrect. A much higher corrected figure has now been published. The citation impact factors published by Thomson-Reuters are one of the most important indicators of the visibility and engagement of a scientific journal. There are two-year and five-year citation…
Article summary: “Money and its institutional substitutes: the role of exchange institutions in human cooperation”, Cameron Harwick
Summary of JOIE article “Money and its institutional substitutes: the role of exchange institutions in human cooperation”, by Cameron Harwick (George Mason University, USA). The full article is available on the JOIE website. The question “why does money exist?” has a very long pedigree. But it also has no answer without a background framing: “as…
Article summary: “Adapting as usual: integrative and segregative institutions shaping adaptation to climate change in local public administrations”
Summary of JOIE article “Adapting as usual: integrative and segregative institutions shaping adaptation to climate change in local public administrations”, by Matteo Roggero (Resource Economics Group, Humboldt Universität zu Berlin, Berlin, Germany) and Andreas Thiel (International Agricultural Policy and Environmental Governance, University of Kassel, Kassel, Germany). The full article is available on the JOIE website….
Article Summary: “Imposed Institutions and Preferences for Redistribution”, Alberto Chong and Mark Gradstein
Summary of JOIE article “Imposed Institutions and Preferences for Redistribution”, by Alberto Chong (Georgia State University, USA) and Mark Gradstein (Ben Gurion University of the Negev, Israel). The full article is available on the JOIE website. In two contrasting classical views – Neoclassical, and Marxist and Weberian traditions – it is strongly argued that institutional…
Article Summary: “What makes prosecutors independent? Analysing the institutional determinants of prosecutorial independence”, Stefan Voigt and Alexander J. Wulf
Summary of JOIE article “What makes prosecutors independent? Analysing the institutional determinants of prosecutorial independence”, by Stefan Voigt (Institute of Law and Economics, University of Hamburg, Hamburg, Germany) and Alexander J. Wulf (Institute of Law and Economics, University of Hamburg, Hamburg, and SRH Hochschule Berlin, Berlin, Germany). The full article is available on the JOIE…
Article Summary: “Private Provision of Public Goods via Crowdfunding”, Marek Hudik and Robert Chovanculiak
Summary of JOIE article “Private Provision of Public Goods via Crowdfunding”, by Marek Hudik (Xi’an Jiaotong–Liverpool University, Suzhou, China) and Robert Chovanculiak (Institute of Economic and Social Studies, Bratislava, Slovakia). The full article is available on the JOIE website. In 2011, Highland Park in Michigan was compelled to remove over two-thirds of its streetlights because…
Article Summary: “1688 and All That: Property Rights, the Glorious Revolution and the Rise of British Capitalism”, Geoffrey Hodgson
Summary of JOIE article “1688 and All That: Property Rights, the Glorious Revolution and the Rise of British Capitalism”, Journal of Institutional Economics, 13(1), March, pp. 79-107, by Geoffrey Hodgson (Hertfordshire Business School, University of Hertfordshire). The article is open access and available on the JOIE website. Sometime after 1700, GDP per capita began to…
Article Summary: “Property as sequential exchange: the forgotten limits of private contract”, Benito Arruñada
Summary of JOIE articles “Property as sequential exchange: the forgotten limits of private contract” and “How should we model property? Thinking with my critics“, Benito Arruñada (Pompeu Fabra University and Barcelona GSE, email: benito.arrunada@upf.edu, website: http://econ.upf.edu/~arrunada). In “Property as sequential exchange: The forgotten limits of private contract”, Benito Arruñada traces the disconnection between economic analysis…