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Management
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The Company of Strangers
Drawing on insights from biology, anthropology, history, psychology and literature, Seabright explores how our evolved ability of abstract reasoning has allowed institutions like money, markets and cities to provide the foundation of social trust.
Inside the Islamic Republic
Goes beyond the media stereotype of fashionable parties in North Tehran to examine the quotidian realities of how society has evolved in Iran since the 1979 revolution.
The Theory of the Firm
Includes over 60 classic papers, these volumes collect together contributions on the theory of the firm, beginning with Ronald Coase's classic work of 1937 and ending with important papers published as late as 1998.
Decentralizing Infrastructure
World Bank Discussion Paper No. 286. This report was commissioned as part of a project on the effectiveness of credit policies in East Asian countries. In the Republic of Korea, the government has played a pervasive role in promoting industrialization and economic development. The report documents the use of directed credit programs and highlights what made government intervention effective: its close consultation with industry, the existence of a competitive business environment, and a strong monitoring and evaluation system. The report notes the risk-sharing arrangements developed by Korean policymakers and the flexible adaptation of directed credit programs to the changing needs of the Korean economy. The authors also emphasize the long-term costs of reliance on directed credit programs and the measures taken in recent years to redirect the programs' objectives and redress the imbalances that have arisen along Korea's path to economic development.
The Nature of the Farm
A theoretical and empirical study of agricultural contracts and organization based on the transaction cost framework.
Robust Mechanism Design: The Role Of Private Information And Higher Order Beliefs
Foreword by Eric Maskin (Nobel Laureate in Economics, 2007)This volume brings together the collected contributions on the theme of robust mechanism design and robust implementation that Dirk Bergemann and Stephen Morris have been working on for the past decade. The collection is preceded by a comprehensive introductory essay, specifically written for this volume with the aim of providing the readers with an overview of the research agenda pursued in the collected papers.The introduction selectively presents the main results of the papers, and attempts to illustrate many of them in terms of a common and canonical example, namely a single unit auction with interdependent values. It is our hope that the use of this example facilitates the presentation of the results and that it brings the main insights within the context of an important economic mechanism, namely the generalized second price auction.
Regulation of Network Utilities
Propelled by deep technical, economic, and cultural changes, network utilities have, in the last twenty years, entered a new era. Since competition has been widely introduced and promoted, we have experienced a radical change in the structure of the industries and the role of the state authorities. Their role in managing monopolies has evolved into regulating new forms of markets, which has resulted in the creation of independent regulatory authorities. These new public bodies work with governments to try and reconcile the needs of competition and public service missions. This suggests the use of recent developments in economic theory to handle complex problems.This volume offers an explorat...
The Development of Economics in Western Europe Since 1945
The volume goes beyond the conventional history of economics in its emphasis on the historical and institutional context, economic policy, and the development of economics as a profession.
