From https://managerialecon.blogspot.com/2021/05/how-do-you-align-incentives-of-sea.html?m=1
How do you align the incentives of sea captains transporting criminals to Australia with those of the public?
06 Jun 2021 Leave a comment
in applied price theory, Armen Alchian, comparative institutional analysis, economics of information, financial economics, history of economic thought, industrial organisation, labour economics, labour supply, law and economics, managerial economics, market efficiency, organisational economics, personnel economics, property rights, Ronald Coase, survivor principle, theory of the firm Tags: adverse selection, asymmetric information, incentive compatibility, moral hazard
Fama and Jensen explain governance
10 Jan 2021 Leave a comment
in applied price theory, economics of information, industrial organisation, managerial economics, organisational economics, personnel economics, property rights, survivor principle, theory of the firm Tags: corporate governance


Oklahoma Doctors vs. Obamacare
03 Dec 2020 Leave a comment
in applied price theory, economics of bureaucracy, economics of information, health economics, industrial organisation, managerial economics, organisational economics, personnel economics, politics - USA, Public Choice, theory of the firm Tags: adverse selection, asymmetric information, health insurance, moral hazard, self-selection
Tollison on Smith and corporate governance
12 Nov 2020 Leave a comment
in Adam Smith, comparative institutional analysis, development economics, economic history, economics of bureaucracy, economics of regulation, history of economic thought, industrial organisation, law and economics, managerial economics, market efficiency, organisational economics, property rights, Public Choice, rentseeking, survivor principle, theory of the firm Tags: corporate governance

A conversation with Ronald H. Coase
03 Nov 2020 Leave a comment
in industrial organisation, law and economics, Ronald Coase, Ronald Coase, theory of the firm
Markets, Firms and Property Rights – Ronald Coase
29 Oct 2020 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, economics of information, economics of regulation, history of economic thought, industrial organisation, law and economics, property rights, Ronald Coase, Ronald Coase, Ronald Coase, theory of the firm
Richard A. Posner, “The Embattled Corporation”
27 Oct 2020 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of information, financial economics, history of economic thought, industrial organisation, law and economics, managerial economics, organisational economics, personnel economics, property rights, Richard Posner, survivor principle, theory of the firm Tags: corporate law
Richard Posner 2008 interview on antitrust law
26 Oct 2020 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of bureaucracy, economics of regulation, history of economic thought, industrial organisation, law and economics, politics - USA, Public Choice, Richard Posner, theory of the firm Tags: competition law
Future directions of research in the Coasean tradition: Sam Peltzman
16 Oct 2020 Leave a comment
in Alfred Marshall, applied price theory, applied welfare economics, comparative institutional analysis, economic history, economics of crime, economics of regulation, entrepreneurship, George Stigler, history of economic thought, industrial organisation, law and economics, property rights, Public Choice, Ronald Coase, Ronald Coase, Ronald Coase, Sam Peltzman, theory of the firm Tags: offsetting behaviour, The fatal conceit, unintended consequences
Good summary
25 Jun 2020 Leave a comment
in Adam Smith, Alfred Marshall, applied price theory, applied welfare economics, Armen Alchian, Austrian economics, comparative institutional analysis, constitutional political economy, economic history, economics of crime, economics of regulation, history of economic thought, industrial organisation, James Buchanan, James Buchanan, labour economics, law and economics, Marxist economics, Milton Friedman, property rights, Public Choice, Rawls and Nozick, Robert E. Lucas, Ronald Coase, Ronald Coase, theory of the firm




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