Institutional Economics: Tutorial

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Tutorial

Grading of the Course:

Students will be able to gain  4 credit points by writing an exam which will be based on the lecture of Prof.Schlicht exlusively. Further, students enrolled in the old bachelor program (B.A), will be able to gain an additional 2 credit points by giving a short presentation and participating in the tutorial. Additional information will also be provided in the tutorial.

Topics

 

Tutorial
 
Date
 
Topics
 
1 21.4.2010

The first 3 articles are intended to give you an overview on the development of institutional analysis and the way the different branches focus on economic analysis. I would suggest that you start with the article of Hutchison on Old Institutionalism and the German Historical SchoolPDF. Then, proceed to the contribution of North on New Institutional Economics PDF, which will give you a good impression on how how a major part of institutional analysis is carried out in our days. Finally, consider the contribution of Basu, Jones, and Schlicht which will allow you to identify some problems with the new institutional approach to economic history.

2 28.4.2010 The first three articles gave you a good overview on some branches and basic issues of institutional analysis. Accordingly, the next articles will give you some more detailed information on a specific aspect of new institutional economics, which is property right analysis. Start with the basic articles of Demsetz and Alchian & Demsetz before you approach a more applied perspective with  the view of North & Thomas . With this last article, try to resist the danger of getting lost in the historical facts and focus on the aspects that describe institutional change i.e. those aspects that determined the stability and the dissolution of the manorial system.
3 05.05.2010 No tutorial
4 12.5.2010 After we have discussed the basic aspects that determine institutional change and institutional stability, it might be wise to take another look at the efficiency of various ownership systems. Start with the classic reference of Hardin on the tragedy of the commons and then continue with the work of Ostrom & Schlager on the management of a common property regime . Finally, there is the article of Feeny et al. which deals with some of the problems already discussed in the last tutorial. It will give you a concentrated view on some of the most important ideas connected to the problem of judging the efficiency of collective and private ownership arrangements.

For all those who could not make it to the last tutorial: Please make sure to contact me early enough to find a decent topic for the presentation. It might be useful to send me a short email to give me an idea on potential topics you might be interested in. I will try to find appropriate literature and get back to you in the next tutorial.

 

5 19.5.2010

In this tutorial we discussed several aspects of collective and private ownership, viz. why it might more efficient to carry out collective grazing of cows on communal land rather than on private land. For those being more interested in the open-field system or the 3 Zelgen System, I suggest to read the contributions of McCloskey and Fenoaltea as well as the book by Carl J. Dahlman 'The Open Field System and Beyond'. However, these readings are not obligatory, so I suggest you take a closer look at a smaller case study, which is Umbeck on the establishment of property rights in the Californian Gold Rush.

Regarding the presentations, please contact me if you don't have a slot yet and let me know as soon as you have decided on a topic.

6 26.5.2010

10 -12: Sarah Schubert - Path Dependency and Health Reforms,

           Second slot still open.

12-2:    Ralph Drexel: Stone Age Economics

           Second slot still open.

7 02.6.2010 10 -12: Both slots still open,

12-2:   Janosch Krotz: Food Security, Growth and Development,   

          Second slot still open.

8 09.6.2010 10 -12: Christine Liebel: tba

           Korbinian Nagel: tba

12-2:    Tabea Herrmann: tba

            Second slot stil open

9 16.6.2010 No tutorial scheduled
10 23.6.2010

10 -12: Steffi Möller: tba,

           Second slot still open.

12-2:    Marianne Rorvik: tba,

           Aleksander Weidstam: tba

11 30.6.2010 10 -12: Felix Ward: Prices vs Quantities,  

           Second slot still open.

12-2:    Peter Wolff: tba,

           Jason Jin: tba

12 07.7.2010 10 -12: Both slots still open

12-2:   Julia Schricker: tba,

          Carl Ott: tba

13 14.7.2010 10 -12: Both slots still open, ,

12-2:   Matthias Weidner: tba,

          Johan Hoem: tba

14 21.7.2010 10 -12: Both slots still open,

12-2:    Both slots still open,




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