Institutional Economics
(summer term 2010)

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Course description

 

References

 
Discussion board  
Topics  
Tutorial  

Internet booksellers

  



Course description

 

Lectures

Professor Dr. Ekkehart Schlicht


Mondays, 12-14, Room M203 HGB
Tuesdays, 12-14, Room A125 HGB 



Tutorials

Dipl.-Volksw. Christoph Stoeckle


Wednesdays, 10-12 or 12-14, Room 024, Ludwigstraße 28 Rg.

Topics of the tutorials can be found here.

Students are advised to attend both lectures and one of the tutorial sessions per week. Depending on the circumstances, students might also be able to increase the amount of credit points for the course by giving an additional presentation. This will be discussed with the participants in the first sessions of the tutorial. 

 

Sound knowledge of microeconomics (advanced level) is required. The class will be given in English provided there some participants are fluent in English but do not understand German. The preliminary outline is the following:

  1. Historical Introduction

  2. Institutions, Custom and Economic Performance

  3. Conventions and Institutions

  4. Cognition and Motivation

  5. Property

  6. The Nature of the Firm

  7. The Problem of Social Cost

  8. Social Evolution

 

References

Core book references, to be supplemented by selected articles:

R. Coase, The Firm, the Market, and the Law,
Chicago: University of Chicago Press 1988

R. Richter and E. G. Furubotn, Institutions and Economic Theory,
Ann Arbor: The University of Michigan Press 1997

E. Schlicht, On Custom in the Economy,
Oxford: Clarendon Press 1998)
(This book has been floating around in electronic form. It is also electronically available at   Oxford Scholarship Online.)

O. E. Williamson, The Institutions of Capitalism,
New York: The Free Press 1985

 

Further books:

R. Boyd and P. J. Richerson, Culture and the Evolutionary Process
Chicago: The University of Chicago Press 1985 

 

      M. Erlei, M. Leschke and D. Sauerland, Neue Institutionenökonomik, Stuttgart: Schäffer-Poeschel 1999)

E. Jones, Cultures Merging (Princeton: Princeton University Press 2006)

G. Kubon-Gilke, Verhaltensbindung und die Evolution ökonomischer Institutionen (Marburg: Metropolis 1997)

    

      C. Mantzavinos, Individuals, Institutions, and Markets, Cambridge: Cambridge University Press.

     
R. R. Nelson and S. Winter, An Evolutionary Theory of Economic Change,
Cambridge, Mass.: Harvard University Press 1982

D. C. North, Institutions, Institutional Change, and Economic Performance,
Cambridge: Cambridge University Press 1990

E. Sober and D. S. Wilson, Unto Others,
Cambridge, Mass: Harvard University Press 1998

E. Zajac, Political Economy of Fairness,
Cambridge, Mass.: MIT Press 1996



 

Discussion board

Our discussion board enables participants to talk about the course material among themselves and with the instructor. The board can be found here: Discussion board

In order to be able to start new topics or to reply, users must register. A valid email address is necessary for registration.

Internet booksellers

The lecture will be based (among other articles and book excerpts, see below) on the following books:

  • Ronald Coase, The Firm, the Market, and the Law, (Chicago: University of Chicago Press 1988);

  • Ekkehart Schlicht, On Custom in the Economy, (Oxford: Clarendon Press 1998).

    This book has been floating around in electronic form. It is also electronically available at Oxford Scholarship Online. In order to access it from inside the university net, you must use the UB-Proxy. If you want to read or download it from home, you need VPN.

Via the internet, these and many other books can be bought at a far lower price than in German bookstores. This, however, requires timely ordering, as express postage is quite expensive. Internet booksellers are indicated here (in German).



 

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