Summary of JOIE articles (Part I – 3 October 2022, Part II – 22 October 2022) by Michael Ellman, Faculty of Economics and Business, University of Amsterdam, Amsterdam, The Netherlands. The full two-part article is available on theJOIE website: Part I and Part II The factors contributing to the current Russia-Ukraine war can be better…
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Is there an enduring institutional oligopoly in economics?
Summary of JOIE article (16 September 2022) by Mathias Aistleitner, Jakob Kapeller, and Dominik Kronberger, Institute for Comprehensive Analysis of the Economy (ICAE), Johannes Kepler University, Linz, Austria. The full article is available on the JOIE website. Reflections on the paper “The Authors of Economics Journals Revisited: Evidence from a Large-Scale Replication of Hodgson &…
Environmental economics in Classical Athens
Summary of JOIE article (25 August 2022) by Emmanouil M. L. Economou, George E. Halkos, and Nicholas C. Kyriazis, Department of Economics, University of Thessaly. The full article is available on the JOIE website. In this paper we present a series of environmental policies that were implemented by the city-state of Athens during the Classical…
Partisan politics of bank lending
Summary of JOIE article (18 August 2022) by Vincent Tawiah. The full article authored by Vincent Tawiah, DCU Business School, Dublin City University, Dublin, Ireland, Sivathaasan Nadarajah, Department of Accounting, Finance and Economics, Griffith Business School, Griffith University, Brisbane, Australia, Md Samsul Alam and Tom Allen, Leicester Castle Business School, De Montfort University, Leicester, UK…
Beyond Private Property Versus Public Property:
The Solution to Douglass. C. North’s Puzzle Concerning China’s Household Responsibility System Summary of JOIE article (15 October 2021) by Simon Deakin and Gaofeng Meng, Centre for Business Research, University of Cambridge, Cambridge, UK. The full article is available on the JOIE website. The dominant theory of property in economics views property rights as individualised and…
The Dynamic Efficiency of Gifting
Summary of JOIE article (18 August 2022) by Anthony Gill, Department of Political Science, University of Washington, Seattle, Washington, and Michael D. Thomas, Department of Economics and Finance, Heider College of Business, Creighton University, Omaha, Nebraska. The full article is available on the JOIE website. In Scroogenomics, Joel Waldfogel argues that gifting creates enormous deadweight…
Shortlist for the 2022 Elinor Ostrom Prize
The following articles have made the short-list for this year’s Elinor Ostrom Prize: Peter Grajzl and Peter Murrell, “A Machine-Learning History of English Caselaw and Legal Ideas Prior to the Industrial Revolution I: Generating and Interpreting the Estimates“, JOIE 17(1): 1-19 and “A Machine-Learning History of English Caselaw and Legal Ideas Prior to the Industrial Revolution II: Applications“, JOIE 17(2):…
Crafting of cognitive institutions for overcoming the Covid-19 pandemic
Summary of the JOIE article (24 January 2022) by Daniil Frolov, Faculty of Economics and Management, Volgograd State Technical University, Russia. The full article is available on the JOIE website. National governments are the main actors enforcing preventative measures to contain the COVID-19 pandemic, focusing on top-down policies and sanctions. Now it is becoming more…
Theory in closer contact with industrial life: American institutional economics on competition
Summary of JOIE article (14 September 2021) by Mathew T. Panhans, Federal Trade Commission, Washington, DC, USA and Reinhard Schumacher, University of Potsdam, Potsdam, Germany. The full article is available on the JOIE website. Antitrust and competition policy are back in vogue as of late. In March 2016, The Economist declared that “Profits are too high. America need…
Introduction to the special issue on institutions and culture in economic contexts
Summary of the introduction to the JOIE Vol 18 (1) special issue by Luca Andriani, Department of Management, Birkbeck University of London and Randolph Bruno, School of Slavonic and East European Studies, University College London. The full article is available on the JOIE website. This special issue aims to explore the role of institutions and…