Ronald Coase Institute

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Workshop on Institutional Analysis
December 9-15, 2018    Bratislava, Slovakia
Co-sponsored by
University of Economics in Bratislava
and Virtual Scientific Laboratories

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

Bratislava Old Town by (Own work) from [CC BY-SA 4.0] ( via Wikimedia Commons

Attend this workshop to
♦ Present your research in a small, focused setting, with intensive discussion and feedback from faculty and other participants:
  - first within a small group, with faculty guidance
  - after revising, formally to the entire workshop.
Ten full-time faculty will provide intensive mentoring.

♦ Hear the faculty discuss their research and strategies to formulate questions, develop analysis, and communicate results effectively.

♦ 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 76 countries.

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

Who is eligible?
Social scientists early in their academic/professional careers and 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 September.

How to apply (Applications are closed)

The cost of the workshop – tuition, meals, and housing - is $2500 USD.
Many fellowships will be awarded competitively in varying amounts 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.

The faculty include Robert Aliber (University of Chicago), Douglas Allen (Simon Fraser University), Miroslav Beblavy (Member of Parliament, Slovakia, and CEPS, Brussels), Alexandra Benham (Ronald Coase Institute), Lee Benham (Ronald Coase Institute), Martin Kahanec (Central European University, UEBA, and CELSI), Gary Libecap (University of California Santa Barbara), John Nye (George Mason University), Jana Peliova (University of Economics in Bratislava), Maros Servatka (Macquarie Graduate School of Management), David Skarbek (Brown University), Mary Shirley (Ronald Coase Institute), Konstantin Sonin (University of Chicago), John Sullivan (George Mason University), and Scott Wallsten (Technology Policy Institute).

Organizers and administrators
The organizers are Mary Shirley (Ronald Coase Institute), Alexandra Benham (Ronald Coase Institute), and Jana Peliova (University of Economics in Bratislava).  The administrators include Darin Hargis (Ronald Coase Institute).

Want to learn more about these workshops?
Go here to see what to expect, earlier programs and abstracts, alumni comments, and much more.

Save the Dates!

On May 12-18, 2019 in Warsaw, Poland, the Ronald Coase Institute will hold a workshop on institutional analysis.  The Faculty of Economic Sciences, University of Warsaw will co-sponsor this workshop.   Further details will be posted here later.

A Research Agenda for New Institutional Economics

A Research Agenda for New Institutional Economics, edited by Claude Menard and Mary M. Shirley, will be published in 2018 by Edward Elgar Publishers. This book, which explores the future research agenda for new institutional economics (NIE), arrives at an opportune moment. An explosive rise in computing power, machine learning, and digitization of data, allow researchers to investigate questions that could never be analyzed systematically before, especially since NIE empirical analysis demands rich and complex institutional details. In 30 brief chapters, this book will help and inspire scholars to seize this moment and make the best use of their research efforts. Chapters probe the knowledge frontiers of issues long at the forefront of NIE such as government, contracts, and property rights; explore emerging questions in underexplored topics such as norms, culture, and beliefs; and scrutinize novel issues raised by new technology and changing circumstances, such as social media and blockchain. Concluding chapters deal with tools, techniques, and approaches, including how to measure institutions, use experiments, and exploit big data and machine learning.

Table of contents (PDF)
Editors' introduction with sample of abstracts (PDF)

Conference on the Life and Legacy of Douglass North

A conference reflecting on the impact of Douglass North's work on the discipline of economics was held at the Mercatus Center, George Mason University, March 2-3, 2018, in Arlington, Virginia, USA. It was hosted by Lee Alston, John Nye, and Barry Weingast. There were 5 conference themes: 1) Cliometrics and Measurement; 2) Relative Prices, Property Rights, and Transaction Costs; 3) Institutions; 4) Belief and Cognition; and 5) Violence. Each theme had a keynote lecture and a series of paper presentations.

First China Economics Prize Awarded to
Chenggang Xu and Yingyi Qian

Chenggang Xu, Coase Institute Board and faculty member, has 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.

The Elgar Companion to Ronald Coase

The Elgar Companion to Ronald Coase, edited by Claude Menard and Elodie Bertrand, has recently been published by Elgar Press. The volume includes essays by 31 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

Journal of Human Capital:
Special Issue Honoring Ronald Coase

A special issue of the Journal of Human Capital has been issued in honor of Ronald Coase. The issue is based on a conference held in his honor at the University of Buffalo in May 2012. See this link to the on-line issue.

In Memoriam: Kenneth Arrow, 1921-2017

Kenneth Arrow passed away on February 21, 2017 in Stanford, California.  We have lost a brilliant economist, a generous member of our board, and a cherished friend.

One of the founders of modern economics, he received the Nobel prize in economics – the youngest recipient ever of this prize - for his pioneering contributions to general economic equilibruum theory and welfare theory. His interests were broad and deep.  His dissertation Social Choice and Individual Values presented his impossibility theorem: that no system of voting can perfectly reflect the public’s will if three or more alternatives are being considered.

Kenneth Arrow served on the board of the Coase Institute from 2005 until his death and participated in many activities of the Institute. He was deeply interested in the progress of young scholars around the world.

He will be profoundly missed.

Arrow's talks at 2015 Washington conference:
|Future directions of research in the Coasean tradition|
|Q&A session|

Elinor Ostrom: An Intellectual Biography by Vlad Tarko has been published by Rowman & LIttlefield International. A Nobel laureate in economics and a leader in new institutional economics and public choice, Elinor Ostrom served on the board and faculty of the Ronald Coase Institute. See details and an overview of the book.

Who We Are

See this video about the Ronald Coase Institute.

                                          (Also accessible on YouTube)

  Learn All About the Workshops

  Alumni News
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  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)
     "Academic-life-changing experience,
        no kidding" (Beijing)

Group gathering at Shanghai workshop

  Ronald Coase Remembered

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


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