Summary of JOIE article by Blaž Remic, Leiden University Centre for the Arts in Society, The full article is available on the JOIE website. A one-year postdoctoral contract does not only determine income. It determines how far, and into what kind of future, a life can extend. Applications for the next position or a grant are…
Category: Article Summary
War Prevention and the Economics of Democracy
Summary of JOIE article by Marcel Parent, Agrégé de lettres modernes, posthumously, Antoine Parent, LED, Université Paris 8, Pierre-Charles Pradier, Université Paris 1 Panthéon-Sorbonne and Laurent Gauthier, LED, Université Paris 8. The full article is available on the JOIE website. Jean Jaurès’s The New Army (1911) is often seen as a dense, sprawling, and outdated work of socialist…
Reimagining IP Rights for the Generative AI Era: A Polycentric Governance Approach
Summary of JOIE article by Christos A. Makridis, W.P. Carey School, Arizona State University, Tempe, AZ, USA, and Joshua Ammons, Stephenson Institute for Classical Liberalism, Wabash College, Crawfordsville, IN, USA. The full article is available on the JOIE website. Generative AI models like large language models (LLMs) are transforming content creation, but in ways that the…
Understanding Masahiko Aoki’s Comparative Institutional Analysis
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
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
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…
Transactions and Legal Institutionalism: Part I
Summary of JOIE article (22 April 2025) by Geoffrey M. Hodgson International Management, Loughborough University London, London, UK. The full article is available on the JOIE website. Prominent scholars have complained of confusion in the literature over what transactions are, and how their costs are measured. This two-part article explores this topic and suggests an alternative…
Toward polycentric federalism: Assessing federal institutional design in multiethnic African states
Summary of JOIE Article by Kaleb Demerew West Texas A&M University, USA, Samson Faboye, University of Johannesburg, South Africa and Sampson Edodi, University of Abuja, Nigeria. The full article is available on the JOIE website. Federalism has long been proposed as a governance solution for multiethnic African states struggling with identity-based conflict. Yet, despite constitutional…
Inclusive national innovation systems: rethinking institutions in the light of inclusion imperatives
Summary of JOIE article (25 February 2025) by Vanessa Casadella and Sofiane Tahi, LEFMI Lab., Picardie Jules Verne University, Amiens, France. The full article is available on the JOIE website. Since the 1990s, national innovation systems (NIS) have been the focus of a large body of literature highlighting the institutional performance of economies and the…
Formal and Informal Institutions: Some Problems of Meaning, Impact, and Interaction’ – A Summary
Summary of JOIE article (10 February 2025) by Geoffrey M. Hodgson International Management, Loughborough University London, London, UK. The full article is available on the JOIE website. Institutional research distinguishes between ‘formal’ and ‘informal’ institutions. Largely through the work of Douglass North, this terminology took off in the 1990s. North often associated ‘formal institutions’ with rules…