Ronald Coase Institute

What's New

First China Economics Prize Awarded to
Chenggang Xu and Yingyi Qian

Chenggang Xu, Coase Institute Board and faculty member, has just been awarded the first China Economics Prize, jointly with Yingyi Qian (also Coase faculty). This major new prize was created by the Contemporary Economics Foundation in Beijing to recognize Chinese scholars who have made outstanding contributions in the field of economics.

Chenggang Xu Yingyi Qian
Chenggang Xu         Yingyi Qian

The inaugural prize honors Xu’s and Qian’s research on government and enterprise incentive mechanisms for the transition economy of China. The two scholars will also share a monetary award of 2 million yuan.  Chenggang Xu is currently at the Cheung Kong Graduate School of Business and Yingyi Qian is at Tsinghua University, both in Beijing.

Workshop on Institutional Analysis
May 15-21, 2016    Tallinn, Estonia
Co-sponsored by the Estonian Business School

Applications are closed
Young scholars worldwide are eligible to apply.
Twenty-six participants will be selected competitively.

Tallinn, By Steve Jurvetson from Menlo Park, USA ( - image description page) [CC BY 2.0 (], via Wikimedia Commons

Attend this workshop to
♦ Hear established institutional scholars discuss their research and their strategies to formulate questions, develop analysis, and communicate results effectively.

♦ Present your own research project twice and receive feedback from many sources
  - first within a small group with faculty guidance
  - after revising, formally to the entire workshop, with assigned discussants.
Ten full-time faculty will provide intensive mentoring to the participants.

♦ Network closely with faculty and other young scholars who have an enduring interest in institutional analysis. After the daily sessions, enjoy informal conversations during delicious dinners. There will be a special event and a gala dinner. Upon graduation, become part of a scholarly network with alumni from 73 countries.

Who is eligible?
Postdoctoral social scientists - early in their careers
Advanced graduate students - in economics, political science, law, and other social sciences.

Selection and attendance
Twenty-six participants will be selected competitively on the basis of their research abstracts, CVs, and references. Work already published is not eligible, and previous participants are not eligible to apply again.

Abstracts will be evaluated on the clarity and importance of the research question, the analysis, and the institutional focus. Projects with empirically testable implications are preferred. Admissions decisions will be announced in February.

The pace is intense and rewarding. Participants must attend all sessions and give as well as receive feedback.

Workshop faculty
Faculty will include Douglas Allen (Simon Fraser University), Alexandra Benham (Ronald Coase Institute), Lee Benham (Ronald Coase Institute and Washington University in St. Louis, Emeritus), Paulo Furquim de Azevedo (Insper), Sebastian Galiani (University of Maryland), Scott Gehlbach (University of Wisconsin - Madison), Gary Libecap (University of California - Santa Barbara), Claude Menard (University of Paris 1, Emeritus), Mary Shirley (Ronald Coase Institute), Maria Yudkevich (National Research University Higher School of Economics, Moscow), and more.

How to apply (applications are closed)

The cost of the workshop – tuition, meals, and housing - is $2500 USD.
(This does not include travel expenses.) Many partial fellowships will be awarded competitively to scholars for whom the workshop cost is a hardship, to cover part of the costs of tuition, meals, and housing. If you wish to be considered for a fellowship, upload your request for a fellowship with your application. All participants must stay in workshop housing, and all participants are responsible for paying their own travel expenses.

Organizers and administrators
The organizers are Mary Shirley (Ronald Coase Institute), Alexandra Benham (Ronald Coase Institute), and Meelis Kitsing (Estonian Business School).  The administrators are Darin Hargis (Ronald Coase Institute) and Maarja Murumägi (Estonian Business School).

Want to learn more about these workshops? See evaluations by alumni, material from past workshops, and much more here.

The Elgar Companion to Ronald Coase, edited by Claude Menard and Elodie Bertrand, has just been published by Elgar Press. The volume includes essays by 30 authors assessing the impact of Ronald Coase's work and the inspiration researchers and policy makers find in his contributions. See details.

Menard and Bertrand book cover

Who We Are

See this new video about the Ronald Coase Institute.

                                          (Also accessible on YouTube)

In Memoriam: Douglass North, 1920-2015

Douglass North passed away on November 23, 2015 in Benzonia, Michigan, after a long illness. We have lost a remarkable scholar and a generous friend.

Douglass North and Ronald Coase were founders of the field of new institutional analysis, close friends, and mutual admirers. North served as a director of the Coase Institute from its beginning, and was a faculty member for ten of its workshops across four continents.

His talents were vast. He served as advisor to presidents and kings. He navigated ships across the Pacific Ocean, flew his own airplane, ranched, wrote extensively on food and wine, and won national prizes as a photographer. He received the Nobel prize in economics in 1993, jointly with Robert Fogel, “for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.”

As we mourn his loss, may his work and life inspire us.

  Ronald Coase Remembered

  Learn All About the Workshops

  Alumni News
  Jobs, Conferences, & Research Requests
  Scholarly Ideas and Policy (video)
  Recent Workshops and Events

  What Can You Expect During a Workshop?
  Why Participants Value the Workshops
  Past Programs, Abstracts, Images
  Meet Some Alumni

   Workshop comments:
     "Superlative experience" (Boulder)
     "Famous scholars and delicious
        food" (Shanghai)
     "Most exciting workshop I have
        attended" (Singapore)
     "Demanding, intensive and mentally
        exhausting...also one of the most
        rewarding" (Philippines)
     "Best learning experience within last
        31 years" (Bratislava)

Group gathering at Shanghai workshop

  How China Became Capitalist by
       Ronald Coase and Ning Wang is
       available in hardcover, paperback, and
       electronic versions.


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