Source: ENG Place of Publication: Great Britain Academic Level: Graduate
Book Data Full Description:
Few economists can rival the impact which Armen A. Alchian has had in so many areas of economics. From economic law to industrial organization, macroeconomics to finance and basic economic theory, his dynamic style and far-reaching ideas have influenced generations of economists. In this collection leading economists pay tribute to Armen A. Alchian's life and work. All aspects of his work are discussed, including topics little studied by economists, such as the influence social norms have on the success of government institutions and notions of cost for the definitions of coercion and freedom. These papers continue Armen Alchian's work in a variety of areas and make clear that his ideas and writings have withstood the test of time. Economists in a number of disciplines will find this collection fascinating. Terry Anderson, Montana State University, USA; Stephen Cornell, University of California, San Diego, USA; Harold Demsetz, University of California, Los Angeles, USA; Art De Van (Contents List) 1. IntroductionLott, Jr.
2. Information, Chance and Evolution: Alchian and the Economics of Self-Organization, Arthur De Vany
3. Evolution and Spontaneous Uniformity: Evidence from the Evolution of the Limited Liability Company, Bruce H. Kobayashi and Larry E. Ribstein
4. Why Hold-ups Occur: The Self-Enforcing Range of Contractual Relationships, Benjamin Klein
5. Armen Alchian's Contribution to Macroeconomics, Jerry L. Jordan and William T. Gavin
6. Appropriable Rents from Yellowstone Park: A Case of Incomplete Contracting, Terry L. Anderson and Peter J. Hill
7. Cultural Evolution and Constitutional Public Choice: Institutional Diversity and Economic Performance on American Indian Reservations, Stephen Cornell and Joseph P. Kalt
8. Environmental Degradation Under East European State Socialism, Benjamin Zycher
9. Freedom, Wealth and Coercion, Gertrud M. Fremling and John R. Lott, Jr.
10. Discovery Factors of Economic Freedom: Respondence, Epiphany and Serendipity, Daniel B. Klein
11. In Celebration of Armen Alchian's 80th Birthday, John Lott
1. IntroductionLott, Jr.