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INTERNATIONAL SOCIETY FOR NEW INSTITUTIONAL ECONOMICS, SECOND ANNUAL CONFERENCE PARIS, SEPTEMBER 17-19, 1998 President: Douglass C. North PROGRAM THURSDAY FRIDAY SATURDAY
Most of the conference papers are available in Word format. Simply click on the paper title to launch a Word viewer or right click on the paper title and choose to save the file to your local computer. Some papers may also be downloaded in PDF format. You may need to also download the Adobe Acrobat Reader (for free) to view those papers. If you do not already have Acrobat Reader, please download and install it before viewing the papers. Once you have Acrobat Reader installed, you may view the papers directly in your web browser or you may right click on the paper link and save it to your local hard drive before reading it. If you have any problems accessing the papers, please send an email to Michael Sykuta.
THURSDAY, September 17, Afternoon
Special session in HONOR OF RONALD COASE
On the occasion of the presentation of an honorary degree from the University of Paris I (Pantheon-Sorbonne) to Professor Coase, a special session will be organized with lectures by: Douglass C. North (Washington University, St. Louis; Nobel Prize in Economics, 1993) Lars Werin (University of Stockholm) Oliver E. Williamson (University of California, Berkeley)
Chair:
This session will be open to the general public also.
It will be held at:
Grand Amphithéatre de la SORBONNE 47, rue des Ecoles 75005-Paris
FRIDAY , September 18
8:30 Official opening of the Conference
8:45 Opening Address: Thomas Schelling (University of Maryland) "Rational Choices and Some of its Alternatives"
9:30 SESSION I
Chair: John Sullivan (Center for International Private Entreprise) Lee Benham (Washington University, St. Louis) and Alexandra Benham "Transaction Costs" Yoram Barzel (University of Washington, Seattle) "The State and the Diversity of Third Party Enforcement" Harold Demsetz (University of California, Los Angeles) "The Contrast Between Institutional and Non-Institutional Sources of Economic Growth"
10:40 - 11:00 Coffee Break
11:00 SESSION II
Chair: Brian Levy (World Bank) Jean Ensminger (Washington University, St Louis) "Fairness in Cross-Cultural Perspective: Evidence from Experimental Economics in Less Developed Society" Yujiro Hayami (Aoyama Hakuin University) "Norms and Rationality in the Evolution of Economic Systems" Margaret Levi (University of Washington, Seattle) "Trust and Social Capital: A Transaction Cost Approach"
12:15 SESSION III
Special Session in the Memory of Mancur Olson
Chair : Douglass C. North (Washington University, St-Louis)
Contributions from: Dennis Mueller (University of Maryland) Thomas Schelling (University of Maryland) James Alt (Harvard University)
13:00 Lunch, Carré des Sciences
14:30 SESSION IV (PARALLEL SESSIONS)
IV A: Chair: Frank Stephen (University of Strathclyde) Pieter Ruys (Tilburg University), Radislav Semenov (Tilburg University) and Rene Van den Brink (Tilburg University) "Values and Governance Systems" Lee J. Alston (University of Illinois and NBER) and Kyle D. Kauffman (Wellesley College and london School of Economics) "Social Norms of Racial Discrimination and their Impact on Land Rentals in the US South" Lisa Bernstein (University of Chicago) "Private Commercial Law in the Cotton Industry: Value Creation Through Rules, Norms and Institutions". Edward F. McClennen (University of Bowling Green, Ohio) "Social Capital and Economic Growth"
Discussant: Jack Knight (Washington University, St. Louis)
IV B: Chair: Decio Zylbersztajn (University of San Paolo) Terry L. Anderson (Montana State University); and Peter J. Hill (Wheaton College) "Institutional Entrepreneurship in the Not so Wild, Wild West" Serguey Braguinsky (Yokohama City University) "Firms Governance Issues in the Transition to a Market Economy" Paul H. Rubin (Emory University) "The State of Nature and the Origin of Legal Institutions" -- (also in PDF here) D. Bruce Johnsen (George Mason University School of Law) "Potlatching, Property Rights, and Salmon Husbandry: The Biological Evidence"
Discussant: Margaret Levi (University of Washington, Seattle)
IV C: Chair: Benito Arrunada (Pompeu Fabra University) Alexander Skorobogatov (St Petersburg State University) "Barters and Arrears as the Institute to Minimize Transaction Costs in the Transitional Economy of Russia" Guoqiang Tian (Texas A & M University) "Breaking up is Hard to D The Theory of Property Rights in Transitional Economies" J. Peter Ferderer (Macalester College) "Rules and Outcomes: Brazil in Transition During the 1990s" George R.G. Clarke (World Bank) and Robert Cull (World Bank) "The Political Economy of Privatization: An Empirical Analysis of Bank Privatization in Argentina"
Discussant:
16:00 Coffee Break
16:30 SESSION V (PARALLEL SESSIONS)
V A: Chair: J. Ray Bowen (University of Missouri, St. Louis) "The Coevolution of Firms, Institutions, and Culture in China" Stanley L. Engerman (University of Rochester and NBER); Stephen H. Haber (Stanford University); and Kenneth L. Sokoloff (University of California, Los Angeles and NBER) "Institutions, The Persistence of Inequality, and Differential Paths of Growth Among New World Economies" Carl Hampus Lyttkens (Lund University) "The Origin of the Polis: Institutional Change in Ancient Greece 900-600 B.C." Dean V. Williamson (California Institute of Technology) "Organizing Venture Capital: Puzzles from Venetian Crete, 1303-1352"
Discussant: John Nye (Washington University, St. Louis)
V B : Chair: Svetozar Pejovich Eric Brousseau (University of Nancy and ATOM) and M’hand Fares (University of Paris I -ATOM) "Incomplete Contracts and Governance Structures" Michel Ghertman (Ecole des Hautes Etudes Commerciales) "Measuring Macro-EconomicTransaction Costs: A Comparative Perspective and Possible Policy Implications" Witold Henisz (University of Pennsylvania, Wharton School) "The Institutional Environment for Multinational Investments" Clemente Forero (Universidad Nacional de Colombia) "Secret of the Trade and Endogeneous Exclusion"
Discussant: David Rose (University of Missouri)
V C: Chair: Victor Goldberg (Columbia University) Didier Chabaud (University of Cergy and ATOM) "Asset Specificity and Work Organization: Evidence from the Automotive Industry" Edward Lorenz (University of Technology of Compiegne) "Organizational Design, Governance Structures, and Innovative Capacity: A Study of Japanese Manufacturing Affiliates Located in Britain and France" Kyle Mayer (University California, Berkeley); and Jackson A. Nickerson (Washington University, St. Louis) "Buyer-Supplier Contracting in Biotechnology: Governance Costs, Measurement Costs and Complementarities" Alberto B. Fernandez (Pompeu Fabra University); Benito Arrunada (Pompeu Fabra University); and Manuel Gonzalez (University of Oviedo) "Quasi-integration in the Truckload Trucking Industry".
Discussant: Bertrand Quelin (Ecole des Hautes Etudes Commerciales).
18:00 End of afternoon Sessions
19:30: Dinner on the Seine, aboard a Bateau-Mouche
Presidential Address: Professor Douglass C. North (Washington University, St. Louis; Nobel Prize in Economics, 1993)
SATURDAY , September 19
9:00 SESSION VI (PARALLEL SESSIONS)
VI A: Chair: Kenneth Shepsle (Harvard University) Mary Shirley (World Bank);and Lixin Colin Xu (World Bank) "Empirical Effects of Performance Contracts: Evidence from China" Joshua Charap (International Monetary Fund); and Christian Harm (Copenhagen Business School) "Corruption and Growth in Cambodia" Philip Keefer (World Bank); and David Stasavage (Oxford University) "When Do Independent Agencies Improve Credibility? The Political and Institutional Underpinnings of Agency Independence" Gary D. Libecap (University of Arizona); Lee Alston (University of Illinois); Jeffrey Fuller (American Express Corp.); and Bernardo Mueller (University of Brasilia) "Law and Land Reform: The Sources of Violent Conflict in the Brazilian Amazon"
Discussant: Itai Sened (Washington University, St. Louis)
VI B: Chair: Trevor M. Knox (The University of Connecticut) "Organizational Evolution and Vinification Cooperatives in France’s Midi" Patrick Cohendet (University Louis Pasteur, Strasbourg); and Patrick Llerena (University Louis Pasteur, Strasbourg) "Theory of the Firm in an Evolutionary Perspective: A Critical Development" Raja Kali (Instituto Technologico Autonomo deMexico) "Endogeneous Business Networks" Richard N. Langlois (The University of Connecticut) "Capabilities and Governance: The Rebirth of Production in the Theory of Economic Organization"
Discussant: Jean-Pierre Ponssard (Ecole Polytechnique)
VI C: Chair: John Sullivan (Center for International Private Enterprise) Daniel H. Cole (Indiana University, Indianapolis); and Peter Z. Grossman (Butler University) "When is Command-and-Control Efficient? Modeling the Comparative Efficiency of Alternative Regulatory Regimes" Also available in PDF Format Trevor J.O. Dick (University of Lethbridge) "Canada’s Commitment to Market Preserving Limited Government: In the Making from Union to Confederation" Craig Pirrong (Washington University, St. Louis) "A Positive Theory of Financial Exchange Organization with Normative Implications for Financial Market Regulation" Justin Yin (Seton Hall University) "The Institutional Reform of the Social Welfare in China" (Provisory)
Discussant: Krassen Stanchev (Bulgaria)
10:30 Coffee Break
11:00 SESSION VII (PARALLEL SESSIONS)
VII A Chair: Jean Ensminger (Washington University, St. Louis) Vai-Lam Mui (University of Southern California) "Information, Civil Liberties, and the Political Economy of Witch-hunts" Seth W. Norton (Wheaton College) "Ethnicity, Religion and Aggregate Property Rights: A Cross-National Study" Antony W. Dnes (University of Hertfordshire) "A Long-term Contracts Approach to Marital Obligations" Alberto Bacchiega (University of Pavia) and Carlo Borzaga (University of Trento and ISSAN) "Nonprofit Organization as An Incentive System"
Discussant: Christian Bessy (Centre d’Etude de l’Emploi and ATOM)
VII B: Chair: Victor Nee (Cornell University) Claire Hill (George Mason University) "What Don’t We Complete in Incomplete Contracts?" John N. Drobak (Washington University, St. Louis) "A Cognitive Science Perspective on Legal Incentives" Salvatore Rizzello (Universita di Torino); and Margherita Turvani (Universita di Venezia) "Institutions Meet Mind: A Bountiful Connexion for New Institutional Economics" Stéphane Saussier (University of Paris I- ATOM) "When Incomplete Contract Theory Meets Transaction Cost Economics: A Test"
Discussant: Bertin Martens (European Commission)
VII C: Chair: Eric Brousseau (University of Nancy and ATOM) Bruno Chaves (University of Paris I- ATOM) "Incentive Structures and Institutional Dispute Resolution Devices in the Telecommunications Industry: US, NZ and UK" Jose A. Garibaldi (Instituto Technologico Autonomo de Mexico) "Legal Traditions, Contract Enforcement and Institutional Reform" Jean Michel Glachant (University of Paris I -ATOM); and Dominique Finon (University Pierre Mendes France, Grenoble) "Diversity of National Institutional Endowments and Variety of Public Utility Reforms: Electricity in Britain and the European Union" Michael Cook and Constantine Iliopoulos (University of Missouri - Columbia) "Property Rights Constraints in Collective Action: The Case of U.S. Agriculture Producer Groups"
Discussant:
12:30 Lunch at the "Carré des Sciences"
14:00 SESSION VIII: Chair: Svetozar Pejovich (Texas A & M University) Thrainn Eggertsson (Max-Planck Institute) "National Culture and International Business Transactions" Jean-Philippe Platteau (Faculté Universitaire de Namur) "Privatization of Common Property Resources: The Contribution and Limitations of New Institutional Economics" Mary M. Shirley (World Bank) "From the Ivory Tower to the Corridors of Power: Making NIE Matter for Development Policy"
15: 30 Coffee Break
16:00 SESSION IX
Chair: Claude Ménard (University of Paris -Panthéon Sorbonne; ATOM) Scott Masten (University of Michigan) "Nominal Terms, Real Intentions, and Contract Interpretation" Ulrich Witt (Max-Planck Institute) "Cognition, Entrepreneurial Conceptions, and the Theory of the Firm Reconsidered" Decio Zylbersztajn (University of Sao Paolo) "Strictly Coordinated Production Systems: Exploring the limits of the Coasian Firm" Oliver E. Williamson (University of California, Berkeley) "Human Actors and Economic Organization"
17:30 Closing Address: Masahiko Aoki (Stanford University)
"The Mechanisms of Institutional Change: Subjective Game-Form Framework of Analysis and Evidences from Japan"
Chair : Douglass C. North (Washington University, St. Louis)
18:15 Conference ends
来源：http://www.isnie.org/ISNIE98/Program98.htm
THURSDAY, September 16
5:30 – 7:30 p.m. Roundtable: Fighting Poverty Through Institutions
Preston Auditorium Main Complex (MC), The World Bank 1818 H. Street, N.W.
Welcoming Remarks:James D. Wolfensohn, President, The World BankChair:Ravi Kanbur, The World BankSpeakers: Douglass North, Washington University Jean Philippe Platteau, University of Namur Emmanuel Jimenez, The World BankFRIDAY, September 17 (Wyndham City Center Hotel)
Session I
8:30 – 10:00 a.m. Opening address: Ronald Coase, University of Chicago
President Elect’s Remarks: Oliver Williamson, U.C. Berkeley
10:00 – 10:30 a.m. Coffee
Session II
10:30 – 12:00 p.m. Parallel sessions*
Institutions and Infrastructure
Institutional Dilemmas in Organizing for Efficiency
Issues of Evolution and Change
Political and Markets
12:00 – 1:30 p.m. Lunch
Session III
1:30 – 3:00 p.m. Parallel sessions* Interfirm Contracting Problems (I)
The Politics and Economics of State-Run
Economic Activity
Institutions: An Inter-Disciplinary View
Law and Disorder
3:00 – 3:30 p.m. Coffee
Session IV
3:30 – 5:00 p.m. Parallel sessions*
Capital Markets, Financial Markets and Institutions in Developing Countries
Micro Institutions of Common Resource Management
The New Institutional Economics of the Transition
Political Economy of Development
6:30 – 7:30 p.m. Keynote address:
Avner Greif, Stanford University
Preston Auditorium Main Complex (MC), The World Bank [NOTE: Change of Venue]
7:30 p.m. Dinner MC Atrium, The World Bank
SATURDAY, September 18 (Wyndham City Center Hotel)
Session V
8:30 – 10:00 a.m. Parallel sessions*
Interfirm Contracting Problems (II)
Macro Institutions of Common Resource Management
Institutions and Performance
Institutions, Loot-Seeking and Political Instability
10:00 – 10:30 a.m. Coffee
Session VI
10:30 – 12:00 p.m. Parallel sessions*
Capital Markets, Financial Markets and Institutions in Developed Countries
The Institutions of Innovation
Institutional Issues of the State
Institutions in Culture and Society
12:00 – 1:30 p.m. Lunch
Session VII
1:30 – 3:00 p.m. Parallel sessions*
Contracts and Contract Law, Perspectives and Directions
Transaction Costs at the Economic Frontiers
The Impact of Deregulation on Industrial Structures
Trust, Norms and Economics
Session VIII
3:30 – 4:30 p.m. Plenary: "New Research Initiatives"
Douglass North, Washington University
Jean Philippe Platteau, University of Namur
Thrainn Eggertson, Max Planck Institute-Jena
Itai Sened, Washington University
Scott Masten, University of Michigan
4:30 – 5:30 p.m. Keynote address:
Elinor Ostrom, Indiana University
来源：http://www.isnie.org/ISNIE99/ISNIE99agenda830.htm
ANNUAL MEETING 2000
of the
International Society for New Institutional Economics
Tübingen
Kupferbau (Copper Building)
Hölderlinstr. 5
September 22-24, 2000
Agenda
Click on a Panel Title for more detailed information about the Panel Copies of papers or abstracts from the detailed program (in PDF format).FRIDAY, 22 September
5:30 - 7:30 Roundtable
Copper Building
Lecture Hall 21
Welcoming Remarks:
Chair: Joachim Starbatty (University of Tübingen
Speakers: Eberhard Schaich, Rector Magnificus of Tübingen University
Brigitte Russ-Scherer, Mayoress of Tübingen
Why Law, Economics and Organization?
Chair: Claude Ménard (University of Paris I, Panthéon-Sorbonne, Centre ATOM)
Speakers: Oliver E. Williamson, (University of California, Berkeley)
Peter Bernholz (University of Basel)
Christian Kirchner (Humboldt University of Berlin)
Douglass C. North (Washington University, St. Louis)
7:30 p.m.Reception SATURDAY, 23 September
Session I
8:30 - 10:00 a.m. Parallel sessions
: Panel A: Evolutionary Panel
Panel B: Governance Alignments
Panel C: Property I
Panel D: China I
10:00 - 10:30 a.m. Coffee
Session II
10:30 - 12:00 a.m. Parallel sessions
Panel A: Competing Theories
Panel B: Informal Organization
Panel C: Corporate Governance
Panel D: Argentina
12.00 - 1.30 p.m. Lunch (refectory)
Session III
1:30. - 3:00 p.m. Parallel sessions
Panel A Evolutionary Conditions
Panel B: Banking and Finance
Panel C: Incentives and Contracting
Panel D: China II
3:00 - 3:30 p.m. Coffee
Session IV
3:30 - 5:00 p.m. Parallel sessions
Panel A: Law, Politics, and Institutions
Panel B: Network Forms
Panel C: Property II
Panel D: Economic Reform in Russia
5:00 - 5:30 p.m. Coffee
Keynote Lecture I 5:30 - 6:30 p.m.
Gala Dinner
8:00 p.m. (Museum)
SUNDAY, 24 September
Session V
8:30 - 10:00 a.m. Parallel sessions
Panel A: Institutional Perspectives
Panel B: Contract and Organization
Panel C: Political Risk
Panel D: Agricultural Institutions
Poster session
10:00 - 10:30 a.m. Coffee
Session VI
10:30 - 12:00 a.m. Parallel sessions
Panel A: Experimental Economics
Panel B: Distribution Channels
Panel C: Regulation and Deregulation
Panel D: Economic Reform in Eastern Europe and Russia
12:00 - 1:30 p.m. Lunch (refectory)
Keynote Lecture I 1:30 - 2:30 p.m.
Coffee 2:30 - 3:00 p.m.
President's Report 3:00 - 4:00 p.m.
Farewell Dinner 7:00 p.m. (Guestfalia)
来源：http://www.isnie.org/ISNIE00/isnie_2000_agenda.htm
以上每个模块都有详细连接，请问原始站点。
[此贴子已经被作者于2004-7-20 19:59:00编辑过]
2002年和2003年的都不能下载，这里找了2000年会议中几个有价值的模块，继续t。
Saturday, September 23
Session I
8:30 - 10:00 a.m. Parallel sessions
Panel A: Evolutionary Panel
Chair: Claude Ménard (Université de Paris I, Pantheon-Sorbonne, Centre ATOM)Panelists: Douglass C. North (Washington University, St. Louis) Ekkehart Schlicht (University of Munich) Oliver E. Williamson (University of California - Berkeley) Ulrich Witt (Max Planck Institute for Research into Economic Systems, Jena) Panel B: Governance Alignments
Chair: Brian S. Silverman (Harvard University)
Discussants: Bruce A. Rayton (University of Bath)
Michael Sykuta (University of Missouri, Columbia)
Transactional Alignment and Project Performance: Evidence from Information Technology Kyle I. Mayer (University of Southern California)Mismatching by Design: the 'Make or Buy' in Human Resources and the Development of Innovative Capabilities of the Firm. Margherita Turvani (University of Venice)Co-management of Natural Resources - A Transaction Cost Economics Approach to Determine the “Efficient Boundaries of the State” Regina Birner (University of Göttingen) and Heidi Wittmer (University of Göttingen) Institutional Environment and the Cost of Transacting Intangibles: The Case of Technology Licensing Agreements Stéphane Saussier (Université de Paris I, Pantheon Sorbonne, Centre ATOM), Christian Bessy (Centre d'etudes de l'emploi) and Eric Brousseau (Université de Paris I, Pantheon Sorbonne, Centre ATOM)
Panel C: Property Rights I
Chair: Eirik G. Furubotn (Texas A+M University)
Discussants: Benito Arruñada (Universitat Pompeu Fabra, Barcelona)
Philip E. Keefer (The World Bank)Public Utility Ownership in 19th-Century America: The 'Aberrant' Case of Water
Scott E. Masten (University of Michigan)
Why One-Third? Paul I. Zak (Claremont Graduate University) and Rick Geddes (Fordham University)Political Processes and the Common Pool Problem: The Federal Highway Trust Fund Gary Libecap (University of Arizona) and Ronald N. JohnsonProperty Rights in Baseball: An Empirical Test of the Coase Theorem James Dunlevy (Miami University), William E. Even and Donald J. CymrotPanel D: Economic Reform in China I
Chair: Victor Nee (Cornell University)
Discussants: Margot Schüller (Institute of Asian Affairs, Hamburg)
Geng Xiao (University of Hong Kong) Structural Change in China: The Contribution of Dual-track Ownership Reforms Sonja Opper (University of Tübingen) Why Do Governments Privatize? Loren Brandt (University of Toronto), Joanne Roberts (University of Toronto) and Li Hongbin (Stanford University)On the Importance of Managerial Autonomy in a Transition Economy: Evidence from China's TVE's Jeffrey B. Nugent (University of Southern California), Cheng Hsiao and Harrison ChengSession II
10:30 - 12:00 a.m. Parallel sessions
Panel A: Competing Theories
Chair: Paul Joskow (Massachusetts Institute of Technology, Cambridge, Mass.)
Discussants: Nicolai Foss (Copenhagen Business School)
Carsten A. Koch (Roskilde University) Rules of Engagement, Informal Authority, and the Political Economy of Organizational Dissent Vai-Lam Mui (University of Notre Dame) and Nicholas Argyres (University of Southern California) Agent Based Computational Transaction Cost Economics Bart Nooteboom (Erasmus University Rotterdam) and Tomas KlosExplaining Vertical Integration: Transaction Cost Economics and Competence Considerations
Sven A. Haugland (Norwegian School of Economics and Business Administration, Bergen) and Boge GulbrandsenBargaining versus Posted Price Selling : A Transaction Cost Approach (abstract) Armelle Maze (INRA / Centre ATOM, Paris) Panel B: Informal OrganizationsChair: Arnold Picot (University of Munich)
Discussants: N.N.
Kurt Annen (Washington University, St. Louis)
Entrepreneurship in New Markets: Institutions, Organizational Identity and Survival Barbara Krug (Erasmus University Rotterdam) and Laszlo Polos (Erasmus University Rotterdam)Price, Authority, Trust and Rules - Co-ordination Mechanisms and Co-ordination Forms Hakan P. Pihl (Kristianstad University)The Industrial Organization of Corruption: What is the Difference in Corruption Between Asia and Africa Binyam Reja (The World Bank) and Antti Talvitie Economic Development as a Matter of Political Geography. The Argentine Experience Jorge Miguel Streb (Universidad del CEMA, Buenos Aires) and Pablo Druck
Panel C: Corporate Governance
Chair: Herbert Hax (University of Cologne)
Discussants: Markus Brem (Humboldt University of Berlin)
Bennet A. Zelner (Georgetown University)
Deregulation and Board Composition: Some Evidence of the Value of the Revolving Door Eric Helland (Claremont McKenna College)
and
Michael Sykuta (University of Missouri)Strong Managers, Strong Owners: an Analysis of LBO Associations (abstract) John Chapman (Ohio State University) and Peter Klein (University of Georgia) Assets, Attributes, and Ownership Kirsten Foss (Copenhagen Business School) and Nicolai Foss (Copenhagen Business School) Panel D: Institutional Environment: ArgentinaChair: Benito Arruñada (Universitat Pompeu Fabra, Barcelona)
Discussants: Xosé Carlos Arias (University of Vigo)
Mary M. Shirley (The World Bank)
Amateur Legislators, Professional Politicians: The Argentina Congress During the XX Century
Mark P. Jones (Michigan State University), Sebastian M. Saiegh (New York University), Pablo Spiller (University of California - Berkeley), Mariano Tommasi (Center of Studies for Institutional Development, Buenos Aires) Judicial Independence in Unstable Environments: Argentina Judiciary 1936-1998, Matias Iaryczower (Center of Studies for Institutional Development, Buenos Aires), Pablo Spiller (University of California - Berkeley) and Mariano Tommasi (Center of Studies for Institutional Development, Buenos Aires) The Dark Side of Federalism Sebastian M. Saiegh (New York University) and Mariano Tommasi (Center of Studies for Institutional Development, Buenos Aires) The Institutional Determinants of Public Policy: Theory and the Argentina Case Pablo Spiller (University of California - Berkeley) and Mariano Tommasi (Center of Studies for Institutional Development, Buenos Aires)
Session III
1:30. - 3:00 p.m. Parallel sessions
Panel A: Evolutionary Conditions
Chair: Ulrich Witt (Max Planck Institute for Research into Economic Systems, Jena)
Discussants: Martina Eckhardt (University of Rostock)
Paul J. Zak (Claremont Graduate University)
Institutional Change, Path Dependence and Emergent Social Order Victor Nee (Cornell University)The “Nature” of the Firm - Functionalist vs. Developmental Interpretations Klaus Rathe (Max Planck Institute for Research into Economic Systems, Jena) and Ulrich Witt, Max Planck Institute for Research into Economic Systems, Jena)The Evolution of the Greek Cooperative Laws: From the First to the Last Order of Economizing Constantine Iliopoulos (University of Missouri, Columbia)Corporate Law, Regulatory Competition and Path Dependence Wolfgang Kerber (University of Marburg) and Klaus Heine (University of Marburg)
Panel B: Banking and Finance
Chair: Holger Bonus (University of Münster)
Discussants: Rabindra Nath Chakraborty (University of St. Gallen)
Christian Harm (University of Münster) Why Do Intermediaries Hold Equity Shares? An Incomplete Contracting Explanation of Universal Banking Friedrich Uwe Vollmer (University of Leipzig)Soft Dollar Brokerage, Portfolio Management, and Private Information
D. Bruce Johnsen (George Mason University)Transaction Costs and Institutional Change in the U.S. Commercial Banking Industry Margaret Polski (Indiana University)Transaction Cost Theory, Asset Specificity and Risk Valuation. An Analysis Based on the Example of Project Finance Transactions Christophe Destais (Université de Paris I, Pantheon Sorbonne, Centre ATOM)Panel C: Incentives and Contracting
Chair: Christian Kirchner (Humboldt University of Berlin)
Discussants: Barbara Krug (Erasmus University Rotterdam)
Gregory Lablanc (University of Virginia)
Supervision and Collusion Jean-Jacques Laffont (University of Toulouse)Design of Contracts: Formalization vs. Implicit Safeguards Manuel Gonzales-Diaz (University of Oviedo) and Susana Lopez-Bayon (University of Oviedo) and Juan VenturaContracting for Credibility: A Political Analysis of Investment under Uncertainty Allison P. Fine (Yale Law School, Columbia University)Contract Law, Authority, and the Firm Tian Zhu (Hong Kong University of Science and Technology) and Susheng Wang Panel D: Economic Reform in China II
Chair: Joachim Starbatty (University of Tübingen)
Discussants: Loren Brandt (University of Toronto)
Markus Taube (University of Duisburg)
The Nature of the Public-Owned Enterprise (POE) in China: Missing Owners?
Qiren Zhou (Beijing University) and Hong LiangUnderstanding China's Market Transition from the Perspective of New Institutional Economics
David D. Li (Hong Kong University of Science and Technology)The Complementarity and Substitutability of Incentives: Evidence from Managerial Incentive Contracts (with Chong-En Bai)Lixin Colin Xu (The World Bank)
Labor Compensation in Cash or Kind: Evidence from China (abstract) Yaohui Zhao (Beijing University)Session IV
3:30 - 5:00 p.m. Parallel sessions
Panel A: Law, Politics, and Institutions
Chair: Eric Brousseau (Université de Paris I, Pantheon Sorbonne, Centre ATOM)
Discussants: Basilia Aguirre (Universidade de Sao Paulo)
Louis Hotte (University of Namur) Are there Legal Determinants of Capital Structure ? An European Comparison Regis Coeurderoy (European Commission, ATOM, Paris)The Constitutional Protection of Property Rights: Lessons from the United States and Germany John N. Drobak (Washington University, St. Louis) and Julie D. Strube (Berlin)The Institutional Economics of Foreign Aid
Bertin H. Martens (European Commission) Institutions of the Education System and Student Performance: The International Evidence Ludger Woessmann (Kiel Institute of World Economics)
Panel B: Network Forms
Chair: Janet E. L. Bercovitz (Duke University)
Discussants: Dieter Bögenhold (University of Economics and Business Administration, Vienna)
Mathias Erlei (Technical University of Clausthal) Networking for Profit: Information Loops and Informational Advantage in Japan Michael A. Witt (Harvard University)Social Capital Governance and Membership Assignment in Social Networks Kurt Annen (Washington University, St. Louis)Strategic Outsourcing and Contract: A Transaction-Cost Analysis Bertrand Quelin (HEC Paris - Graduate School of Management) and Jerome Barthelemy (ESCNA Graduate School of Management)The Organizational Fitness of Winemaking under Different Appellation Regimes Trevor M. Knox (University of Connecticut)Panel C: Property Rights: II
Chair: Gary Libecap (University of Arizona)
Discussants: Regina Birner (University of Göttingen)
Ekkehart Schlicht (University of Munich)
Squatters, Investment, and Endogenous Property Rights
Elizabeth Robinson (Natural Resources Institute; Chatham)Property Rights on the Forest Resources Pedro I. Galilea (Universidad Pública de Navarra) and Josémari Aizpurua (Universidad Pública de Navarra)The Evolution of Property Rights in European Civil Law: Competition and Cooperation among Jurisdictions Stefan Okruch (Max Planck Project Group "Law of Common Goods", Bonn)The Violent and the Weak: When Dictators Care about Social Contracts Stefan Voigt (Institute for Advanced Study, Berlin) and Roland Kirstein Panel D: Economic Reform in RussiaChair: Lee Benham (Washington University, St. Louis)
Discussants: Harry W. J. Donkers (Wageningen UR-IMAG)
Peter Kahn (University of Maryland)
Informalization of Rules in Russian Economy Vadim Radaev (Higher School of Economics, Moscow)The Phenomenon of the “Right of Economic Authority” in the Russian Transitional Economy Andrei E. Shastitko (Higher School of Economics, Moscow) and Vitali Tambovtsev)Political Capture of Bankruptcy in Transition Constantin Sonin (Russian European Center for Economic Policy), A. Lambert-Mogiliansky and E. ZhuravskayaEconomic Reforms in Russia: From Local Networks to Global Economy Yaroslav Kuzminov (Higher School of Economics, Moscow) and Maria Yudkevich (Higher School of Economics, Moscow)
5:30. - 6:30 p.m. Keynote Lecture I
Chair: Oliver E. Williamson (University of California - Berkeley)
Speaker: Paul Joskow (Massachusetts Institute of Technology, Cambridge, Mass.) Transaction Cost Economics and Competition Policy
Session V
8:30 - 10:00 a.m. Parallel sessions
Panel A: Institutional Perspectives
Chair: Bertin H. Martens (European Commission)
Discussants: Helge Peukert (University of Frankfurt / Main)
Margaret M. Polski (Indiana University)
C
itizenship in a Globalised World Bruno Frey (University of Zürich)Contractual Choice and Performance Claude Ménard (Université de Paris I, Pantheon Sorbonne, Centre ATOM)The Determinants of Firm Performance Control: a Transaction Cost Economics Explanation Lyndal G. Drennan (Bond University) Institutional Thought in Germany Rudolf Richter (University of Saarbrücken)
Panel B: Contracts and Organization
Chair: John N. Drobak (Washington University, St. Louis)
Discussants: Nicholas S. Argyres (University of Southern California)
Lee Benham (Washington University, St. Louis)
A Transaction Cost Approach to Offsets in Government Procurement Travis K. Taylor (University of Richmont, University of Connecticut) The Structure of Contracts in Cooperative R&D: Evidence from NCRA Filings of R&D Joint Ventures Dean V. Williamson (US Department of Justice) and Suzanne Majewski (US Department of Justice)Threats to Inter-Organizational Relationships: Safeguarding Performance and Continuity when Opportunism is Suspected Erin Anderson (INSEAD, Fontainbleu) and Sandy D. JapPost-Contracting Innovations and Contingent Payment Scheme in Patent Licensing Contracts Tetsuo Wada (Gakushuin University) and Noriyuki Yanagawa
Panel C: Political Risk
Chair: Mary M. Shirley (The World Bank)
Discussants: Omar Azfar (University of Maryland)
Clemente Forero (Universidad Nacional de Colombia)
Political Institutions, Political Competition and Investment Strategy in the Electric Utility Industry: A Cross-national Study Bennet A. Zelner (Georgetown University) and Witold Henisz (University of Pennsylvania)Catastrophic Political Risk versus Creeping Expropriation: An Analysis of Political and Regulatory Risks in Private Infrastructure Investment in Less Developed Countries Beatrice Weder (University of Basel) and Mirjam E. Schiffer (University of Basel)Political Institutions and Regulation: Financial Crises, Checks and Balances, and Encompassing Interests Philip E. Keefer (The World Bank)Service-Specific Economic Regimes Pieter H. M. Ruys (Tilburg University)
Panel D: Agricultural InstitutionsChair: Jeffrey B. Nugent (University of Southern California)Discussants: Volker Beckmann (Humboldt University of Berlin)Hector A. Ordoñez (AgriBusiness Consult, Buenos Aires) Agricultural Contracts over Time: Individual, Community and Governmental Influences Lee I. Alston (University of Illinois) and Joseph P. FerrieDo Women Matter? Household Structure, Risk, and Agrarian Contracts
Kyle D. Kauffman (Wellesley College) and Maristella Botticini (Boston University)
The Political Economy of Land Privatization In Argentina and Australia, 1810-1890 Alan Dye (Barnard College) and Sumner La CroixDr Pangloss, I Presume? Functionalism and the Evolution of Institutions: Seven Centuries of Italian Sharecropping Contracts, 821 to 1517 AD Francesco L. Galassi (University of Warwick)Poster SessionInstitutions, Governance, and Economic Performance in Post-Socialist Countries: A Conceptual and Empirical Approach Joachim Ahrens (University of Göttingen) and Martin Meurers (University of Göttingen)
Constitutional Protection of Central Independance - Panacea or Trap?
Miroslav Beblavy (Center of Economic Development, Bratislava)Forms of hierarchy and environmental dynamism: a Transactional Approach to the Internal Configuration of the firm
Xosé Henrique Vazquez-Vicente (University of Vigo)A Property Rights Theory of Franchising
Josef Windsperger (University of Vienna)Common Property Institutions in Forestry: Evidence from the Teral Region of Nepal
Rabindra Nath Chakraborty (University of St. Gallen)Mutual Dependence of Barter, Arrears and Tax Evasion in Russian Economy
Andrey Yakovlev (Higher School of Economics, Moscow)The Influence of Site Assets in Brazlian Labour-Intensive Industry: A Leather and Shoes Industry Study
Maria Fonseca Derengowski (CRIC/ESRC-University of Manchester), Andre Maia Gomes Lages (University of Alagoas and IE/UFRJ, Brazil), and Jose Paulo Fusco (UNESP-UNIP, São Pablo)The Limits of Corporate Governance
Christian Harm (University of Münster)The Evolving Economics of Labor Unions
Joseph D. Reid (George Mason University)Market Institutions in Transition Economies
Francesca Recanatini (The World Bank) and Harry Broadman (The World Bank)Genesis of the Soft State
Raul V. Fabella (University of the Philippines) and O.C. Solon (University of the Philippines)Session VI
10:30 - 12:00 a.m. Parallel sessions
Panel A: Experimental Economics Chair: Greg Dow (Simon Fraser University)Discussants: Vai-Lam Mui (University of Notre Dame)Josémaria Aizpurua (Universidad Pública de Navarra)Fairness and Institutions – Neglected Interactions Ernst Fehr (University of Zürich)Image Scoring and Impersonal Exchange Kevin McCabe (University of Arizona)Financial versus Physical Transmission Rights: an Experimental Study Brian T. Kench (University of Connecticut)Modifying Industry Structure or Market Institution? An Experimental Analysis of the Reform of the English Electricity Pool Carine Staropoli (Université de Paris I, Pantheon Sorbonne, Centre ATOM)), Stéphane Robin, Dominique Finon, Jean-Michel Glachant, Céline Jullien, Richard Quatrain and Bernard Ruffieux
Panel B: Distribution Channels
Chair: Albrecht Dietz (University of Frankfurt / Main)
Discussants: Johan F. M. Swinnen (Catholic University of Leuven) Decio Zylberstajn (Universidade de Sao Paulo) Ownership and Performance in Car Distribution Benito Arruñada (Universitat Pompeu Fabra)An Analysis of the Contract Provisions in Business-Format Franchise Agreements Janet E. L. Bercovitz (Duke University)Ownership Structure in Agrifood Chains: The Marketing Cooperative Georg W. Hendrikse (Erasmus University of Rotterdam) and W.J.J. BijmanTransaction Costs and Artisanal Food Products Jean-Marc Chappuis (Swiss Federal Institute of Technology, Zürich) and Dominique Barjolle (Swiss Federal Institute of Technology, Zürich) Panel C: Regulation and DeregulationChair: Pablo Spiller (University of California - Berkeley)Discussants: Jean-Michel Glachant (Université de Paris I, Pantheon Sorbonne, Centre ATOM) Binyam Reja (The World Bank) Commitment and the Design of Regulatory Agencies in Brazil Carlos Pereira (University of Oxford) and Bernardo Mueller (Universidade de Brasilia)Investments, Governance Structures, and Prices in Evolving Markets The Case of Hog Transactions in Poland Volker Beckmann (Humboldt University of Berlin) and Silke Boger (Humboldt University of Berlin)Regulatory Reforms of Railways in Europe : from Hierarchies to Hybrids Anne Yvrande (Université de Paris I, Pantheon Sorbonne, Centre ATOM) On The Inefficiency of Political Democratic Markets Joseph D. Reid (George Mason University) and Yakir Plessner (American University)Panel D: Economic Reform in Eastern Europe and Russia
Chair: Valery Katkalo (St. Petersburg State University)
Discussants: Horst Feldmann (University of Tübingen)Constantin Sonin (Russian European Center for Economic Policy)Bad Corporate Governance or Looting? A Reexamination of the Czech Privatization Experience Robert Cull (The World Bank) and Mary Shirley (The World Bank)
Institutional Change in the Czech Republic: The Case of Agricultural Organizations Markus Brem (Humboldt University of Berlin) and Bogdan Buduru (Simon Fraser University)
Institutional Complementarity and Corporate Governance: a Reassessment of the Russian Transition Failure
Mathilde Mesnard (Université de Paris I, Pantheon Sorbonne, Centre ATOM) Peasant Households before and after the 1998 Financial Collapse in Russia David I. O'Brien (University of Missouri, Columbia) and Valéri Patsiorkovski1:30 - 2:30 p.m. Keynote Lecture II
Chair: Douglass C. North (Washington University, St. Louis) Speaker: Reinhard Selten (University of Bonn) On Bounded Rationality
3:00 - 4:00 p.m. President's Report
Chair: Rudolf Richter (University of Saarbrücken)
Speaker: Oliver E. Williamson (University of California at Berkeley)
2004年的议程
Highlights of the Conference
Welcome to Tucson and to the Eighth Annual Conference of the International Society for New Institutional Economics.
All conference events will be held at the Westward Look Resort.
Please note the following highlights of the Conference:
Thursday, September 30
12:00 noon – 2:00 p.m.
Registration
1:45-3:15 p.m.
Session I (parallel sessions)
3:20-4:50 p.m.
Session II (parallel sessions)
5:00-6:00 p.m.
Plenary Session I:
Terry L. Anderson (PERC and Hoover Institute)
“Viewing the Environment through Coase-Colored Glasses”
Dean Lueck (University of Arizona)
“Yoram Barzel and the New Institutional Economics”
6:00-7:00 p.m.
Reception
Friday, October 1
7:30-8:30 a.m.
Registration
8:30 a.m.-5:00 p.m.
Publisher’s Exhibit
8:30–10:00 a.m.
Session III (parallel sessions)
10:30-11:55 a.m.
Session IV (parallel sessions)
12:00 noon – 1:30 p.m.
Lunch
Douglass North (Washington University in St. Louis)
"Understanding the Process of Economic Change"
1:30-2:45 p.m.
Session V (parallel sessions)
3:15-4:50 p.m.
Session VI (parallel sessions)
5:00-6:00 p.m.
Plenary Session II:
Matt McCubbins (University of California at San Diego) and Jim Alt (Harvard University),
“Institutional Tradeoffs”
6:00-7:00 p.m.
Reception
Saturday, October 2
8:30 a.m. - 4:45 p.m.
Sessions (as described in program)
8:30–10:00 a.m.
Session VII (parallel sessions)
10:30-11:55 a.m.
Session VIII (parallel sessions)
12:00 noon – 1:30 p.m.
Lunch
12:55-1:25 p.m.
ISNIE Business Meeting
Everyone is invited to attend
1:30-2:45 p.m.
Session IX (parallel sessions)
3:15-4:50 p.m.
Session X (parallel sessions)
5:00-6:15 p.m.
Presidential Address: “Understanding Underdevelopment”
Mary Shirley (Ronald Coase Institute)
7:00-8:00 p.m.
Reception
8:00-9:30 p.m.
Dinner
Acknowledgements
The organizers gratefully acknowledge the contribution of the following institutions for their support to the ISNIE 2004 Conference:
Department of Economics, Eller College of Business and Public Administration, University of Arizona
Department of Agricultural and Resource Economics, College of Agriculture, University of Arizona
Karl Eller Center, Eller College of Business and Public Administration, University of Arizona.
Cardon Chair, Dean Lueck, and the Department of Agricultural and Resource Economics, College of Agriculture, University of Arizona
Kenneth and Dona Gartrell
Exhibitors
Edward Elgar Publishing, Inc.
Taylor and Francis Publishing
Thursday, September 30th
Session I
Thursday, September 30th
1:45 - 3:15 p.m.
Three Parallel Sessions
Panel 1.1: HISTORICAL STUDIES OF ORGANIZATIONS, INSTITUTIONS, AND REGULATION
Chair: Edward E. Zajac (University of Arizona)
Discussants: D. Bruce Johnsen (George Mason University) and Melissa Thomasson (Miami University of Ohio)
The Political Economy of Workers’ Compensation Benefits: 1930-2000
Sam Allen (University of Arizona)
Property Rights and the Buffalo Economy of the Great Plains
Bruce Benson (Florida State University)
Changes in Firm Structures in the Retail Industry During the 20th Century
Todd Neumann (University of Arizona)
The Birth of Modern Medical Education: Institutional Change and the Impact on the Medical Schools (1870-1920)
Jaret Treber (University of Arizona)
Panel 1.2: PROPERTY RIGHTS, INSTITUTIONS AND BEHAVIOR
Chair: P.J. Hill (Wheaton College)
Discussants: P.J. Hill (Wheaton College) and Mark Kanawaza (Carleton College)
The Wealth of Indian Nations: Economic Performance and Institutions on Reservations
Terry L. Anderson (Hoover Institution and PERC) and Dominic P. Parker (PERC)
The Complex Economics of Nuisance Law: Bargaining Under Property and Liability Rules with Public Law Standards
Georg von Wangenheim (Max-Planck-Institute for Research into Economic Systems) and Fernando Gomez (Pompeu Fabra University)
Who Owns the Right? The Determinants of Community-Industry Contracting Over Forests in Indonesia
Stefanie Engel and Charles Palmer (University of Bonn, Center for Development Research)
Subdividing the Commons: Politics and Property Rights Transformation in Kenya’s Maasailand
Esther Mwangi (International Center for Research in Agroforestry-Kenya)
Panel 1.3: POLITICS, CULTURE, AND IDEOLOGY
Chair: Timur Kuran (University of Southern California)
Discussants: Ruth Dupré (HEC, Montreal, Canada) and Timur Kuran (University of Southern California)
Does Ideology Matter?
Michael Baird (Dalhousie University)
Express Yourself! Political Participation Rights and the Demand for Censorship
Gerald Hosp (University of Fribourg)
Experimental Evidence for the Effects of Land Privatization and Market Integration on Trust and Cooperation among Kenyan Pastoralists
Carolyn Lesorogol (Washington University in St. Louis)
Session II
Thursday, September 30th
3:20 – 4:50 p.m.
Three Parallel Sessions
Panel 2.1: EXPERIMENTAL ECONOMICS AND MARKET INSTITUTIONS
Chair: Benito Arruñada (Pompeu Fabra University)
Discussants: Dean Williamson (U.S. Department of Justice) and Paul Zak (Claremont Graduate University)
Promises and Partnership
Gary Charness (University of California) and Martin Dufwenberg (University of Arizona)
Barking Up the Right Tree: Are Small Groups Ration Agents?
James C. Cox (University of Arizona), Daniel Friedman (University of California – Santa Cruz), and Steven Gjerstad (University of Arizona)
Endogenous Property Rights in a Hold-Up Experiment
Mathias Erlei and J. Philipp Siemer (Clausthal University of Technology)
Panel 2.2: DISCIPLINE, COOPERATION, AND NORMS OF FAIRNESS
Organizer and Chair: Ekkehart Schlicht (University of Munich)
Discussants: Wolfgang Pfeuffer and Ekkehart Schlicht (both of University of Munich)
Explaining Employment Institutions: A Historical Perspective
Gregory Clark (University of California – Davis)
The Rule of Law in the Mining Camps of the American West: Evidence on the Evolution of Cooperation
James I. Stewart (Reed College)
The Theory and Practice of Political Fairness Games
Edward E. Zajac (University of Arizona)
Why the Common Law Tends Towards Efficiency
Richard O. Zerbe Jr. (University of Washington)
Panel 2.3: REGULATORY INSTITUTIONS
Chair: Bruno Frey (University of Zurich)
Discussants: Eric Brousseau (University of Paris X) and Paul Joskow (Massachusetts Institute of Technology)
Using Political Resource Theory for Analyzing Biotechnology Politics: The Case of Regulatory Systems for Genetically Modified Crops in Germany and India
Regina Birner (University of Gottingen), Heidi Wittmer (UFZ-Center for Environmental Research Leipzig-Halle), and Carl E. Pray (Rutgers University)
Yes, Managers Should be Paid Like Bureaucrats
Bruno Frey and Margit Osterloh (both of University of Zurich)
The Political Economy of Setting Risk Regulations: An Empirical Study of U.S. Transportation Fuels
David Gerard, David E. Stikkers, and Paul S. Fischbeck (all of Carnegie Mellon University)
Privatization and Regulation: Two Sides of the Same Coin or Why People Seem to Dislike Market-Friendly Reforms: The Case of Peru
Jose A. Tavera (Catholic University of Peru)
Plenary Session I
5:00 – 6:00 p.m.
“Viewing the Environment through Coase-Colored Glasses”
Terry L. Anderson (PERC and Hoover Institute)
“Yoram Barzel and the New Institutional Economics”
Dean Lueck (University of Arizona)
Friday, October 1st
Session III
Friday, October 1st
8:30 – 10:00 a.m.
Five Parallel Sessions
Panel 3.1: INSTITUTIONS AND LATIN AMERICAN ECONOMIC DEVELOPMENT
Organizer and Chair: Lee Alston (University of Colorado)
Discussants: Veneta Andonova (ITAM) and Mary Shirley (Ronald Coase Institute)
The Erosion of Rule of Law in Argentina, 1930-1947: An Explanation of Argentina’s Economic Slide from the Top 10
Lee Alston (University of Colorado) and Andres Gallo (University of North Florida)
Cuba and the Origins of the U.S. Sugar Quota, 1934-1938: Performance and Intent
Alan Dye (Columbia University)
Practices, Dynamics, and Institutions of Science and Technology in Developed and Developing Countries
Clemente Forero-Pineda and Jorge Andrés Zambrano (University of Rosario)
From Colony to Republic: Silver, Guano, and the Formation of the Peruvian State
Catalina Vizcarra (University of Vermont)
Panel 3.2: REGULATED AND DEREGULATED INDUSTRY: NEW DEVELOPMENT
Organizer: Dominique Finon (CIRED, Ecole des Hautes Etudes EHESS and CNRS-Paris)
Chair: Jean-Michel Glachant (University Paris XI)
Discussants: Didier Chabaud (University Cergy) and Yannick Perez (University Paris XI)
The Shipper as the Architect of Contractual Relations in Access to Natural Gas Networks
Marc-Kevin Codognet (University of Paris-Pantheon Sorbonne)
Public Policies in Liberalized Energy Markets: Comparison of Efficiency of the Various Institutional Devices for the Promotion of Renewable Energy
Dominique Finon (CIRED, Ecole des Hautes Etudes , EHESS and
CNRS - Paris)
The “Golden Triangle of Regulation”: A Proposal for a Comprehensive Scheme to Assess the Performance of Regulatory
Reforms Through Some EU Utility Law
Bertrand du Marais (Conseil d’Etat & University of Paris-Pantheon Sorbonne)
Regulation, Competition, and Institutional Design in Media Markets: The Evolution of Pay-TV in UK, Australia, and Italy
Antonio Nicita, Roberto Galbiati, and Giogio Nizi (all of Sienna University)
Panel 3.3: CHALLENGES TO ECONOMIC INTEGRATION
Organizer and Chair: John Nye (Washington University in St. Louis)
Discussants: Kenneth Koford (University of Delaware) and John Nye (Washington University in St. Louis)
Interest Groups and Institutional Change in Transition Countries: The Case of Poland
Maria Lissowska (Warsaw School of Economics)
Equal Access to WTO Rights: Substantive Equality For Developing Countries
Bradly J. Condon (ITAM)
The Free Trade Agreement Between Columbia and the USA: What Can Happen to Columbia?
Orlando Gracia (Planeacion Nacional-Columbia) and Hernando Zuleta (ITAM)
Transportation in NAFTA
Tapen Sinha and Bradly J. Condon (ITAM)
Panel 3.4: INSTITUTIONS AND ECONOMIC AND POLITICAL BEHAVIOR
Organizer and Chair: Eric Brousseau (University of Paris X)
Discussants: Guy Holburn (University of Western Ontario) and Itai Sened (Washington University in St. Louis)
The Economics of Private Institutions
Eric Brousseau, (University of Parix X) M’hand Fares (INRA, ESR, and Montepellier), and Emmanuel Raynaud (INRA, SAD, & ATOM)
The Contribution of the Emerging Institutions of Network Governance to the Provision of Global Common Goods: A Case Study on Bioprospection
Tom Dedeurwaerdere (University Louvain la Neuve)
Explaining De Facto Judicial Independence
Bernd Hayo (University of Marburg), and Stefan Voigt (University of Kassel)
Governing the Ungovernable: The Challenge of A Global Disaggregation of Authority
James N. Rosenau (George Washington University)
Panel 3.5: TECHNOLOGY ORBIT INSTITUTIONS
Chair: David D. Haddock (Northwestern University)
Discussants: Lynne Kiesling (IFREE and Northwestern University) and Dean Williamson (U.S. Department of Justice)
Genetic Technology and the Evolution of Property Rights:The Case of Decode Genetics
Thrainn Eggertson (University of Iceland)
Institutional Economics of Intellectual Property in Biotechnology: Theory and Empirics
Scott Kieff (Stanford University)
Hostage Exchange in Venture Capital Networks
Jennifer Kuan (Carnegie Mellon University and Stanford University)
What Do Inventors Patent?
Petra Moser (Massachusetts Institute of Technology)
Session IV
Friday, October 1st
10:30 – 11:55 a.m.
Five Parallel Sessions
Panel 4.1: CONTRACTS AND INSTITUTIONS
Organizer and Chair: Dean Lueck (University of Arizona)
Discussants: Daniel Ackerberg and Robert Innes (both of University of Arizona)
Unlikely Customs: Simple Cropshare Fractions Versus Continuous Cash Rents In Agriculture
Douglas W. Allen (Simon Fraser University) and Dean Lueck (University of Arizona)
Is There A Need for Lawyers in Conveyancing?
Benito Arruñada (Pompeu Fabra University)
Generalized and Particularized Trust in Organizations
Harvey James and Michael E. Sykuta (both of University of Missouri- Columbia)
Oligopsony Power, Asset Specificity and Hold-Up: Evidence from the Broiler Industry
Tom Vukina (North Carolina State University)
Panel 4.2: WHEN FORMAL INSTITUTIONS FAIL: LESSONS FROM LATIN AMERICA
Organizer: Noel Maurer (Harvard University)
Chair: Stephen Haber (Stanford University)
Discussants: Aldo Mussachio (Harvard University) and Hernando Zuleta (ITAM)
Networks, Discipline, and Idiosyncratic Risks in Mexican Banks, 1950-1980
Gustavo A. Del Angel-Mobarak (Centro de Investigacion y Docencia Economica)
Patent Protection in Late Industrialization: The Case of Mexico 1870-1910
Ted Beatty (University of Notre Dame)
Related Lending and Economic Performance: Evidence from Mexico
Stephen Haber (Stanford University) and Noel Maurer (Harvard University)
Empire, Public Goods, and the Roosevelt Corollary
Kris James Mitchener (Santa Clara University) and Marc Weidenmier (Claremont McKenna College)
Panel 4.3: ELECTRICITY MARKETS AND INSTITUTIONS: TRANSMISSION AND INTERCONNECTION
Chair: Stephen Littlechild (University of Cambridge)
Discussants: Paul Joskow (Massachusetts Institute of Technology) and Pablo Spiller (University of California at Berkeley)
Governance of Competitive Transmission Investment in Weak Institutional Systems
Manuel A. Abdala (LECG)
Transmission Investment Decisions in a Club with Imperfect Representation: The Case of Argentina in the Nineties
Omar O. Chisari and Carlos A. Romero (both of University of Argentina)
Electricity Transmission and the “Short Law” in Chile: Why Competitive Bidding is Better than Regulation
Alexander Galetovic (University of Chile) and Juan Ricardo Inostroza (AES Gener S.A)
Congestion Management in Electrical Interconnections Around Italy
Pippo Ranci (Former President, Electricity and Gas Authority-Italy)
Panel 4.4: FIRMS AND ACADEMIC INSTITUTIONS: INSTITUTIONS IN KNOWLEDGE CREATION AND COMMERCIALIZATION
Organizer and Chair: Zeynep Hansen (Washington University in St. Louis)
Discussants: Zeynep Hansen (Washington University in St. Louis) and Arvids Ziedonis (University of Michigan)
Defying Distance: Examining the Diaspora on Knowledge Flows
Ajay K. Agrawal (University of Toronto), Devesh Kapur (Harvard University), and John McHale (Queen’s University)
Academic Entrepreneurs: Social Learning and Participation in University-Industry Technology Transfer
Janet Bercovitz (Duke University) and Maryann Feldman (University of Toronto)
Earmarked: The Political Economy of Agricultural Research Appropriations
Marc T. Law (University of Vermont), Gary J. Miller and Joseph M. Tonon (both of Washington University in St. Louis)
Opening the Dam or Building Channels: University Patenting and the Use of Public Science in Industrial Innovation
Kira Makiewicz (University of California - Berkeley)
Panel 4.5 GOVERNANCE IN TRANSITION: THE CASE OF CHINA
Chair: Sonja Opper (University of Tuebingen)
Discussants: John Drobak (Washington University in St. Louis) and Jeffrey B. Nugent (University of Southern California)
China as A Transition Economy: Political Versus Institutional Change
John Groenwegen (Erasmus University Rotterdam)
China’s Resource Mobilizing Networks: Alternatives to Legal Property Rights for Economic Development
Hans Hendrischke (University of New South Whales – Sydney)
Political Economy of Labor Retrenchment: Evidence based on China’s SOEs
Yifan Hu (Hong Kong University), Sonja Opper (University of Tuebinger) and Sonia Wong (Hong Kong University)
Entrepreneurship in Transition: Searching for Incentives and Governance in China’s Private Sector
Barbara Krug (Erasmus University Rotterdam) and Hans Hendrischke (University of New South Whales – Sydney)
Session V
Friday, October 1st
1:30 – 2:45 p.m.
Five Parallel Sessions
Panel 5.1: HISTORICAL APPLICATIONS OF ECONOMIC ORGANIZATIONS
Organizer: Douglas W. Allen (Simon Fraser University)
Chair: Dean Lueck (University of Arizona)
Discussants: Thrainn Eggertson (University of Iceland), Zeynep Hansen (Washington University in St. Louis), and Noel Johnson (California State University)
The Duel of Honor: Screening for Unobservable Social Capital
Douglas W. Allen (Simon Fraser University) and Clyde Reed (University of Washington)
Emergence of Endogeneous Legal Institutions: Property Rights and Community Governance in the Italian Alps
Marco Casari (University of Barcelona)
The Political Economy of “Truth-in-Advertising Regulation” During the Progressive Era
Zeynep Hansen (Washington University in St. Louis) and Mark T. Law (University of Vermont)
Institutional Change in the Long-run: the Ottoman Empire and France in the Early Modern Age
Noel Johnson (California State University) and Eliana Balla (Washington University in St. Louis)
Panel 5.2: RADIO PAYOLA REVISITED: LAW AND ECONOMICS OF THIRD-PARTY PAYMENTS
Organizer and Chair: D. Bruce Johnsen (George Mason University)
Discussants: Price Fishback (University of Arizona), Dan Houser, D. Bruce Johnsen, and Josh Wright (all of George Mason University)
Kickbacks or Compensation: The Case of Yield Spread Premiums
Howell E. Jackson (Harvard University)
Does soft dollar brokerage benefit portfolio investors: Agency Problem or Solution?
Stephen Horan (St. Bonaventure University) and D. Bruce Johnsen (George Mason University)
The Economics of Slotting Arrangements
Benjamin Klein (UCLA) and Joshua Wright (George Mason University)
Performance of Bond Pooling: An Efficiency Argument for Insurance Steering
Jonathan Klick (Florida State University)
Panel 5.3: INSTITUTIONS AND PUBLIC POLICY MAKING
Organizer: Pablo Spiller (University of California – Berkeley)
Chair: Ernesto Stein (IDB)
Discussants: Guy Holburn (University of Western Ontario) and Philip Hoffman (California Institute of Technology)
Political Institutions, Policymaking Processes and Policy Outcomes in Brazil
Lee Alston (University of Colorado), Marcus Melo (Universidade Federal de Pernambuco-Brazil), Bernardo Mueller (Universidade de Brasilia- Brazil), and Carlos Pereira (University of Sao Paulo)
Political Institutions and Policymaking in Venezuela
Fransisco Monaldi (Andres Bello Catholic University-Venezuela)
Policymaking Institutions, Policymaking Processes, and Policy Outcomes in Paraguay
Jose Molinas, Jose M. Costa, Marcela Montero, Anibal Perez-Linan (all of Desarrollo) and Sebastian Saiegh (University of Pittsburgh)
The Pitfalls of Policymaking in Peru: Actors, Institutions, and Rules of the Game
Eduardo Morón and Cynthia Sanborn (both of University of Pacifico)
Panel 5.4: INSTITUTION AND INSTITUTIONAL CHANGES IN TRANSITION AND DEVELOPING ECONOMIES
Chair: Kenneth Koford (University of Delaware)
Discussants: Veneta Andonova (ITAM), Kenneth Koford (University of Delaware), Jeffery B. Miller (University of Delaware) and Stoyan Tenev (World Bank Group)
Corporate Governance and Corporate Restructuring
Jack Glen (World Bank) and Ajit Singh (University of Cambridge)
Financial and Credit Markets: Competitive Market Theory and New Institutionalism
Kenneth Koford (University of Delaware)
Common Pool Resources in Bulgarian Architecture: An Empirical Study of Cooperation and Breakdown Under Varied Organizations
Mieke Meurs (American University)
State and Ownership Reforms in Transition Economies: China vs. the Orthodoxy
Jeffery B. Miller (University of Delaware), and Stoyan Tenev (World Bank Group)
Institutions and Development: Beyond the World Bank Agenda
Howard Stein (University of Michigan)
Panel 5.5 FINANCIAL INTERMEDIATION IN DIFFERENT INSTITUTIONAL SETTINGS
Chair: Christian Harm (University of Muenster)
Discussants: Frank Stephen (University of Strathclyde) and Marc Weidenmier (Claremont McKenna College)
Political Determinants of Corporate Governance Regimes
Christian Harm (University of Muenster)
Bank Ties and Firms’ Performance in Transition Economies: Evidence on Investment – Cash Flow Sensitivities in Poland
Agnizeszka Slomka (Warsaw School of Economics)
System Effects on Blockholder Ownership, Dividends, and Firm Value
Steen Thomsen (Aarhus School of Business)
Designing and Testing Culturally Compatible Reform: A TCAR Application to Financial Obstacles of Philippine SMEs
Clifford Zinnes (University of Maryland) and Omar Azfar (University of Maryland)
Session VI
Friday, October 1st
3:15 – 4:45 p.m.
Five Parallel Sessions
Panel 6.1: ELECTRICITY MAKETS AND INSTITUTIONS: INTERNATIONAL REGULATION AND COMPETITION ANALYSIS
Chair: Jean-Michel Glachant (University of Paris X)
Discussants: Dominique FINON (CIRED, Ecole des Hautes Etudes EHESS and CNRS-Paris) and Guy Holburn (University of Western Ontario)
Investment Incentives and Dynamic Efficiency in Electricity Markets: An Experimental Analysis
Céline Jullien (University of Grenoble), Lynne Kiesling (IFREE and Northwestern University), Carine Staropoli (University of Paris-Sorbonne), and Dean Williamson (U.S. Department of Justice)
Policy Evolution, Institutional Response and Performance in India’s Electricity Sector Reforms
Kameswara Rao (PWC-India)
Are Highly Competitive Power Markets Sustainable?
Anthony White (Anthony White Consulting)
The Electricity Industry in Canada: Reregulation Without Deregulation
Andonis Yatchew (University of Toronto)
Panel 6.2: INTEREST GROUPS, INSTITUTIONS AND POLICY
Organizer and Chair: Philip Keefer (World Bank)
Discussants: Michael Hiscox (Harvard University) and Marc Law (University of Vermont)
U.S. Domestic Politics and International Monetary Fund Policy
J. Lawrence Broz and Michael Brewster Hawes (both of University of California – San Diego)
Political Contribution Caps and Lobby Formation: Theory and Evidence
Allen Drazen, Nuno Limao (both of University of Maryland), and Thomas Stratmann (George Mason University)
A Time and Place to Lobby
John M. de Figueiredo (Massachusetts Institute of Technology) and Brian S. Silverman (University of Toronto)
Party Finance and Party Development
Scott Gehlbach (University of Wisconsin) and Konstantin Sonin (New Economic School)
Panel 6.3: LAW AND FINANCE
Chair: Frank Stephen (University of Strathclyde)
Discussants: Christian Harm (University of Muenster) and Thorsten Beck (World Bank)
Corruption in Commercial Courts in Georgia
Omar Azfar (University of Maryland)
Financial Intermediation and the Incompleteness of Law
Bruno Deffains (University of Nancy)
Entrepreneurial Activity and Legal Institutions
Frank Stephen (University of Strathclyde), David Urbanno, and Stefan Van Hemmen (both of Autonomous University of Barcelona)
Power Over Prosecutors Corrupts Politicians: Cross Country Evidence Using a New Indicator
Stefan Voigt (University of Kassel), Lars Feld (Philips University-Marburg), and Anne van Aaken (Max Planck Institute for Foreign and International Public Law)
Panel 6.4: ALTERNATIVE MODES OF ORGANIZATIONS: GOVERNANCE ISSUES
Chair: Claude Menard (University of Paris – Pantheon Sorbonne)
Discussants: Joanne Oxley (University of Toronto) and Anne Yvrande-Billon (University of Paris – Pantheon Sorbonne)
Contract Design Capabilities and Contract Performance by High Technology Firms: Implications for the Roles of Managers, Engineers, and Lawyers
Nick Argyres (Boston University), and Kyle Mayer (University of Southern California)
Delegation and Real Authority in Franchise Chains
Paulo F. Azevedo (Fundacao Getulio Vargas), and Andre G. Alves Silva (Federal University of Sao Carlos)
The Survivor Principle in Organizational Economics Research: An Application from Corporate Diversification
Peter G. Klein (University of Missouri-Columbia) and Lasse B. Lien (Norwegian School of Business and Economics)
Linking Strategic and Governance Choices with An Application to Quality Labeling in Agrofood sectors
Emmanuel Raynaud (INRA, SAD, & ATOM), Loic Sauvee (Institut Superieur Agronomique de Beauvais), and Egizio Valceschini (Institut National de la Recherche Agronomique)
Panel 6.5: PROPERTY RIGHTS
Organizer and Chair: Rick Geddes (Cornell University)
Discussants: Douglas W. Allen (Simon Fraser University) and Paul Zak (Claremont Graduate University)
Conservation Easements: Economics, Law, and Politics
Antony W. Dnes (University of Hull, England), and Dean Lueck (University of Arizona)
The Effects of Land Titling
Sebastian Galiani (University of San Andres/Washington University in St. Louis) and Ernesto Schargrodsky (Universidad Torcuato Di Tella)
Property in the Brain: Melding Theory, Behavioral Data, and the New Neuroscience
Oliver R. Goodenough (Vermont Law School)
The Property “Instinct”
Jeffery Stake (Indiana University – Bloomington)
Plenary Session II
Friday, October 1st
5:00 – 6:00 p.m.
”Institutional Tradeoffs”
Matt McCubbins (University of California at San Diego) and Jim Alt (Harvard University)
Saturday, October 2nd
Session VII
Saturday, October 2nd
8:30 – 10:00 a.m.
Five Parallel Sessions
Panel 7.1: AGRO-INDUSTRIAL CONTRACTS AND INSTITUTIONAL ANALYSIS
Organizer: Decio Zylbersztajn (University of Sao Paulo)
Chair: Kostas Karantininis (The Royal Veterinary and Agricultural University – Denmark)
Discussants: Mike Sykuta (University of Missouri) and Paulo Furquim de Azevedo (Fundacao Getulio Vargas-Brazil)
Governance Models in Food Production and Distribution: Analyzing Mutual Vertical Integration
Michael Cook (University of Missouri) and Constantine Iliopoulos (Agricultural Economics and Policy Research Institute-Athens)
Contracts for Regional Development: Inside the Coordination Black Box
Gustavo Gordillo (FAO’s Office for Latin America) and Rodrigo Wagner (FAO)
Grower Heterogeneity and Governance: Authority, Access, and Countervailing Power
George Hendrikse (Erasmus University-Rotterdam)
The Rapid Rise of Supermarkets in Developing Countries: Induced Organizational and Technological Change in Agrifood Systems
Thomas Reardon (Michigan State University)
Panel 7.2: CASES FROM THE PRACTICE OF LAW AND ECONOMICS: QUESTIONS OF RELEVANCE TO THE LAW THAT INSTITUTIONAL ECONOMICS MIGHT ANSWER
Organizer: Kenneth Gartrell (LECG, Cambridge, MA)
Chair: Mark Sarro (LECG, Cambridge, MA)
Discussants: Rainer Kulms (Max Planck Institute for Foreign Private and Private International Law) and D. Bruce Johnsen (George Mason University)
A Rational Expectations Critique of Merger Policy Analysis
Sencer Ecer (LECG, Washington D.C.)
Secondary Markets & Efficiency in the Allocation of Slots at U.S. Airports
Daniel M. Kasper (LECG, Cambridge, MA)
The Economics of Delaware Fair Value
Brett Margolin (LECG, Philadelphia, PA)
Judicial System Performance: Impact on Economic Development
Robert M. Sherwood (International Business Counselor)
Panel 7.3: POLITICAL ECONOMY, INSTITUTIONS, AND REFORM IN DEVELOPING COUNTRISE
Organizer: Clifford Zinnes (University of Maryland)
Chair: Jeffery B. Nugent (University of Southern California)
Discussants: Lee Alston (University of Colorado), Nauro F. Campos (University of Newcastle), and Sonja Opper (University of Tuebingen)
Institutions and Instability the World Around
Nauro F. Campos (University of Newcastle) and Jeffery B. Nugent (University of Southern California)
The Transforming Power of Democracy: Regime Type and the Distribution of Electricity
A. Mushfiq Mobarak and David S. Brown (both of University of Colorado-Boulder)
Explaining Improvement in Institutional Environments Through Multi-Case Research at the Organizational Level
Robert Chapman Wood (San Jose University)
Premeditated Inter-Jurisdictional Competition in Morocco to Strengthen Local Governance and Increase Donor Effectiveness
Clifford Zinnes and Patrick Meagher (both of University of Maryland)
Panel 7.4: INSTITUTIONAL SOURCES OF SOCIAL OUTCOMES
Chair: Thrainn Eggertson (University of Iceland)
Discussants: Douglas W. Allen (Simon Fraser University) and Wolfram W. Latsch (University of Washington)
Making Democrats of Dictators: Foreign Aid and Africa’s Political Liberalization
Clark Gibson (University of California-San Diego), and Barak Hoffman (University of California-San Diego)
Facets of Sovereignty: Institutions that Spur and Institutions that Retard Tribal Development
David D. Haddock (Northwestern University) and Robert J. Miller (Lewis & Clark University)
Political Institutions and Economic Performance: The Effects of Accountability and Obstacles to Policy Change
Allen Hicken (University of Michigan), Shanker Satyanath and Ernest Sergenti (both of New York University)
Social Mobility, Institutional Choice, and Economic Performance: Germany From the Fourteenth to the Eighteenth Centuries
Oliver Volckart (Humboldt University)
Panel 7.5: COMPARATIVE INSITTUTIONAL ANALYSIS
Organizer: Benito Arruñada (Pompeu Fabra University)
Chair: Paul Zak (Claremont Graduate University)
Discussants: Mary Shirley (Ronald Coase Institute) and Pablo Spiller (University of California at Berkeley)
Judges’ Cognition and Market Order
Benito Arruñada (Pompeu Fabra University), and Veneta Andonova (ITAM)
The New Comparative Economics
Simeon D. Djankov (World Bank), Edward L. Glaeser (Harvard University), Rafael La Porta (Harvard University), Florencio Lopez-de-Silanes (Yale University), and Andrei Shleifer (Harvard University)
Enforcement Failure Under Incomplete Law: Theory and Evidence from Financial Market Regulation
Katharina Pistor (Columbia University), and Chenggang Xu (University of London)
Legal Systems as a Framework for Market Exchanges
Paul Rubin (Emory University)
Session VIII
Saturday, October 2nd
10:30 – 11:55 a.m.
Five Parallel Sessions
Panel 8.1: TCE AND BUSINESS ADMINISTRATION
Chair: Oliver Williamson (University of California – Berkeley)
Discussants: Witold Heinsz (Wharton School of Business) and Claude Menard (University of Paris-Pantheon Sorbonne)
Do Transaction Costs Matter for Survival At All Stages of the Industry Lifecycle?
Nicholas Argyres (Boston University) and Lyda Bigelow (Olin School of Business, Washington University in St. Louis)
TCE and Marketing Problems: Progress, Uses, and Limitations
George John and Ragunath Rao (both University of Minnesota)
Family Feud or Happy Marriage? Governance and Competence Perspectives on the Multinational Firm and International Alliances
Joanne Oxley (University of Toronto)
Pragmatic Methodology and the Theory of the Firm
Oliver Williamson (University of California-Berkeley)
Panel 8.2: NEUROECONOMICS AND INSTITUTIONS
Organizer: Paul Zak (Claremont Graduate College)
Chair: Rick Geddes (Cornell University)
Discussants: Rick Geddes (Cornell University), Dan Houser (George Mason University), and Paul Zak (Claremont Graduate College)
Neural Foundations of Uncertainty-Aversion and Time Discounting
Colin Camerer (California Institute of Technology)
Individual Differences in Cognition and Behavior
Dan Houser (George Mason University)
Working For Self or Others
Kevin McCabe (George Mason University)
Dihydrotestosterone Responds to Social Signals of Distrust in Men but Not in Women
Bill Matzner (Claremont Graduate College)
Oxytocin is Associated with Interpersonal Trust in Humans
Paul Zak (Claremont Graduate College)
Panel 8.3: INTERNATIONAL INSTITUTIONS AND THE WORLD ECONOMY
Chair: Michael Hiscox (Harvard University)
Discussants: Michael Hiscox (Harvard University) and Scott Kastner (University of Maryland)
Do Free Trade Agreements Actually Increase Members’ International Trade?
Jeffrey Bergstrand (University of Notre Dame) and Scott Baier (Clemson University)
Membership Has Its Privileges: The Impact of GATT on International Trade
Judith Goldstein, Douglas Rivers, and Michael Tomz (all of Stanford University)
Self-Enforcing Voting in International Organizations
Massimo Morelli (Ohio State University) and Giovanni Maggi (Princeton University)
National Sovereignty in an Interdependent World
Kyle Bagwell (Columbia University) and Robert W. Staiger (University of Wisconsin)
Panel 8.4: PROPERTY RIGHTS AND REGULATORY INSTITUTIONS
Chair: Charles Palmer (University of Bonn, Center for Development Research)
Discussants: Sebastian Galiani (University of San Andres/ Washington University in St. Louis) and Melissa Thomasson (Miami University of Ohio)
The Prohibition of Alcohol Revisited: The U.S. Case in an International Perspective
Ruth Dupré (HEC)
Government Intervention and Its Effects on Nineteenth Century Water Policy
Terry L. Anderson (Hoover Institution and PERC) and P.J. Hill (Wheaton College and PERC)
The Common Law of Tort Liability: Bursting Dams in Two Counties in Gold Rush California
Mark Kanazawa (Carleton College)
Panel 8.5: INSTITUTIONAL ASPECT OF BANK PRIVATIZATION
Chair: Mary Shirley (Ronald Coase Institute)
Discussants: Phil Hoffman (California Institute of Technology) and Philip Keefer (World Bank)
State Bank Transformation in Brazil – Choices and Consequences
Thorsten Beck and Juan Miguel Crivelli (both of World Bank), and William Summerhill (University of California-Los Angeles)
Empirical Studies of Bank Privatization: An Overview
George R.G. Clarke, Robert Cull (both of World Bank), and Mary Shirley (Ronald Coase Institute)
Getting Privatization Wrong: The Mexican Banking System, 1991 - 2003
Stephen Haber (Stanford University) and Shawn Kantor (University of California-Merced)
Bank Privatization in Developing and Developing Countries: Cross-Sectional Evidence on the Impact of Economic and Political Factors
Ekkehart Boehmer (Texas A&M University), Robert Nash (Wake Forest University), and Jeffry M. Netter (University of Georgia)
Session IX
Saturday, October 2nd
1:30 – 3:00 p.m.
Five Parallel Sessions
Panel 9.1: MEASURING TRANSACTION COSTS: THE COSTS OF EXCHANGE
Organizers: Alexandra Benham (Ronald Coase Institute) and Lee Benham (Washington University in St. Louis and Ronald Coase Institute)
Chair: Lee Benham (Washington University in St. Louis and Ronald Coase Institute)
Discussants: Simeon D. Djankov (World Bank), Sebastian Galiani (University of San Andres/ Washington University in St. Louis) and Howard Stein (University of Michigan)
Measuring Some Dimensions of Transaction Costs: The Costs of Exchange
Alexandra Benham (Ronald Coase Institute), and Lee Benham (Washington University in St. Louis and Ronald Coase Institute)
Costs of Exchange in Peru
Miguel Jaramillo (Group of Analysis for Development-Peru)
Hard To Bear, Hard to Measure: The Costs of Small Business Legislation in Ukraine
Olga N. Nashchekina (Kharkov Polytechnic Institute-Ukraine) and Igor V. Timoshenkov (People’s Ukrainian Academy-Ukraine)
Ex-Ante Transaction Costs: Measuring the Cost of Entrance in Brazilian Small Firms
Decio Zylbersztajn , Frederico Faccioli, and Rodrigo Frtoa Silveira (all of University of São Paulo)
Panel 9.2: ECONOMIC BEHAVIOR AND INSTITUTIONS
Chair: Oliver Volckart (Humboldt University)
Discussants: Shawn Humphrey (California State University-San Marcos) and Oliver Volckart (Humboldt University)
Good Governance and Municipal Health Status
Basilia Aguirre (University of Sao Paulo)
The Role of Innovative Banking in the South African Low Income Housing Finance Market
Laura Ebert (Marist College)
Yardstick Competition and Learning in Public Policy – A Critical Assessment of the Open Method of Coordination of the EU
Martina Eckardt (University of Rostock) and Wolfgang Kerber (Phillipps University)
Irrelevant Externality Angst
David D. Haddock (Northwestern University)
Panel 9.3: COMPARATIVE CORPORATE GOVERNANCE
Organizer and Chair: John N. Drobak (Washington University in St. Louis)
Discussants: Benito Arruñada (Pompeu Fabra University) and John N. Drobak (Washington University in St. Louis)
European Corporate Governance: A Path to Market Efficiency
Rainer Kulms (Max Planck Institute for Foreign Private and Private International Law)
Why the Islamic Middle East Did not Generate Corporate Law through Indigenous Means
Timur Kuran (University of Southern California)
Choice as Regulatory Reform: The Case of Japanese Corporate Governance
Ronald J. Gilson and Curtis J. Milhaupt (Columbia University)
Competing Models of Corporate Law: Corporate Governance and Economic Development
Troy Paredes (Washington University in St. Louis)
Panel 9.4: PERFORMANCE OF DEMOCRACIES: WHEN DO SIMILAR INSTITUTIONS PRODUCE DISSIMILAR OUTCOMES
Organizer and Chair: Philip Keefer (World Bank)
Discussants: Jim Alt (Harvard University) and Shanker Satyanath (New York University)
Constitutions and Democratic Breakdowns
Alicia Adsera and Carles Boix (both University of Illinois-Chicago)
Fiscal Decentralization and The Electoral Control of Politicians
Scott Gelbach (University of Wisconsin)
Credibility, Clientelism and Democracy
Philip Keefer (World Bank)
Political Competition and Fiscal Federalism in India
Jonathan Rodden (Massachusetts Institute of Technology) and Steven Wilkinson (Duke University)
Panel 9.5: INSTITUTIONS AND THE CREATION AND USE OF NEW TECHNOLOGIES
Chair: Rosemarie Ziedonis (University of Michigan)
Discussants: Gary Libecap (University of Arizona) and Rachelle Sampson (New York University)
Climbing Atop the Shoulders of Giants: The Impact of Institutions on Cumulative Research
Jeffery L. Furman (Boston University) and Scott Stern (Northwestern University)
Committees and the Creation of Technical Standards
Tim Simcoe (University of California-Berkeley)
Research Consortia and the Diffusion of Technological Knowledge: Insights from SEMATECH
Arvids A Ziedonis, Rosemarie Ziedonis (both of University of Michigan) and Brian Silverman (University of Toronto)
Doing R&D in Countries with Weak IPR Protection: Can Corporate Management Substitute for Legal Institutions?
Minyuan Zhao (New York University)
Session X
Saturday, October 2nd, 2004
3:15 – 4:45 p.m.
Five Parallel Sessions
Panel 10.1: GOVERNMENTS AND DEVELOPMENT INSTITUTIONS
Chair: TBA
Discussants: Jeffery B. Nugent (University of Southern California) and Itai Sened (Washington University in St. Louis)
International Coercion, Emulation and Policy Diffusion: Market-Oriented Infrastructure Reforms, 1977-1999
Witold J. Henisz (University of Pennsylvania), Bennet A. Zelner (Georgetown University) and Mauro F. Guillén (University of Pennsylvania)
An Institutional Theory of Public Contracts
Pablo T. Spiller (University of California – Berkeley)
Regulatory Effectiveness: The Impact of Good Regulatory Governance on Electricity Industry Capacity and Efficiency in Developing Countries
John Cubbin (City University-UK) and Jon Stern (London Business School)
Panel 10.2: GOVERNANCE INSTITUTIONS
Chair: John Wallis (University of Maryland)
Discussants: Troy Paredes (Washington University in St. Louis) and James Stewart (Reed College)
Incentives in Corporations: Evidence from the American Whaling Industry
Eric Hilt (Wellesley College)
Credibility, Rules and Power in the European Union Institutions: A Transactions Analysis of the ‘Stability and Growth Pact’
Abel Caballero, Gonzalo Caballero, and Abel Losada (all of University of Vigo)
The Global Farmer: Typology, Institutions, and Organization
Kostas Karantininis (The Royal Veterinary and Agricultural University – Denmark) and Decio Zylbersztajn (University of Sao Paulo)
Constitutions, Corporations, and Corruption: American States and Constitutional Change, 1842 – 1852
John Wallis (University of Maryland)
Panel 10.3: FIRM ORGANIZATIONS
Chair: Rosemarie Ziedonis (University of Michigan)
Discussants: Howard Shelanski (University of California at Berkeley) and Janet Bercovitz (Duke University)
Ownership, Control and Performance in Swedish Listed Companies
Per-Olof Bjuggren, Johan Eklund and Daniel Wiberg (all of Jonkoping International Business School)
Technology Investment in Small Firms: A Transaction Cost Explanation
Demian Castillo (University of the Americas)
Inter-Firm Technological Spillovers Through Mobility of Scientists and the Organization of R&D
Simona Lup (University of Arizona)
Panel 10.4: UNCERTAIN PROPERTY RIGHTS AND INCOMPLETE CONTRACTING
Organizer: Dean Williamson (U.S. Department of Justice)
Chair: Joanne E. Oxley (University of Toronto)
Discussants: Peter Klein (University of Missouri) and Arvids A. Ziedonis (University of Michigan)
Incentives Verses Synergies in Markets for Talent
Bharat Anand (Harvard University), Alexander Galetovic and Alvaro Stein (both of University of Chile)
The Determinants of Success in R&D Alliances
Jeffery H. Dyer (Brigham Young University), Benjamin C. Powell (University of Alabama), Mariko Sakakibara (University of California – Los Angeles), and Andrew J. Wang (National Institute of Standards and Technology)
How Do Consortia Organize Collaborative R&D? Evidence From the National Cooperative Research Act
Suzanne Majewski (Harvard University) and Dean Williamson (U.S. Department of Justice)
Termination as Sole Remedy in Contracts
Rachelle C. Sampson (New York University)
Panel 10.5: INSTITUTIONS, REFORM, AND DEVELOPMENT
Chair: Kenneth Koford (University of Delaware)
Discussants: Sonja Opper (University of Tuebingen) and Alan Dye (Barnard College)
Does foreign aid spur domestic investment and do recipients’ institutions matter?
Eliana Balla (Washington University in St. Louis)
The Ties That Bind: Political Institutions, Asset Specificity, and Economic Reform in Morocco and Jordan
Bryan Ross Daves (Yeshiva University)
Demand for Private Property Rights in Post-Soviet Russia: Causes and Effects in Manufacturing and Extractive Industries
Anton Runov (State University-Higher School of Economics, Russia)
Independent and Competing Institutions: An Effective Way to Control Government
Mark Schelker (University of Fribourg) and Reiner Eichenberger (University of Fribourg)
Plenary Session III
Saturday, October 2, 2004
5:00 – 6:15 p.m.
Presidential Address
“Understanding Underdevelopment”
Mary Shirley (Ronald Coase Institute)
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