2 or 3 Units. Professor Gerard
Prerequisites: ECON 400 or 450, ECON 380, Junior or Senior Standing, and Permission of Instructor
This reading group is a continuation of Economics 450, intended for students with a continuing interest in organizational economics. Click for the provisional reading list:
Armen Alchian, “Uncertainty, Evolution, and Economic Theory,” Journal of Political Economy 58(3): 211-221 (1950)
Erik Brynjolfsson and Thomas Malone , Vijay Gurbaxani, and Ajit Kambil (1994) Does Information Technology Lead to Smaller Firms? , Management Science, Vol. 40, No. 12 pp. 1645-1662.
Andrei Shleifer and Robert W. Vishny (1997) “A Survey of Corporate Governance.”The Journal of Finance 52, 2: 737-783.
Yoram Barzel (1997) “The Old Firm and the New Organization,” Chapter 5 of The Economic Analysis of Property Rights, Cambridge University Press.
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler and the New Economy. London: Routledge, 2007.
Chapter 4, Rise of the Corporation
Chapter 5, Return of the Entrepreneur
Nicolai J. Foss and Peter G. Klein 2005 “Entrepreneurship and the economic theory of the firm: Any gains from trade?” in Handbook of entrepreneurship: Disciplinary perspectives . Rajshree Agarwal , Sharon A. Alvarez , and Olav Sorenson (eds). Norwell, MA : Kluwer
Gary Libecap (1993) Contracting for Property Rights, Cambridge University Press
Gary Libecap and Steven Wiggins (1984) Contractual responses to the common pool: prorationing of crude oil production. The American Economic Review, 87-98.
Gerard Roland “Private and Public Ownership in Economic Theory,” in Privatization: Successes and Failures, (G. Roland, ed). Columbia University Press.
Maxim Boycko, Andrei Shleifer, and Robert W. Vishny. “A Theory of Privatisation.” The Economic Journal (1996): 309-319.
Jonathan Levin and Steven Tadelis (2010) “Contracting for Government Services: Theory and Evidence from US Cities,” The Journal of Industrial Economics, 58(3), 507-541.
Tags: Class Struggle