一、課程說明(Course Desc<x>ription)
<br>This course is intended to offer graduate students an essential understanding of the New Institutional Economics. The class is research oriented. Students are expected to master the basic analytical fr<x>amework and establish an insight toward understanding the institutions in the real world. Class participation is required. Each student is required to do assignments and finish a term paper at the end of the semester.
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<br> 二、指定用書(Text Books)
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<br> 三、參考書籍(References)
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<br> 四、教學方式(Teaching Method)
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<br> 五、教學進度(Syllabus)
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<br>Topics and Readings:
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<br>I. Introduction
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<br>Alchian, Armen (1950), "Uncertainty, Evolution and Economic Theory," JPE (Journal of Political Economy) 58 (3) (June): 211-221.
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<br>Hayek, Friedrich A (1945), "The Use of Knowledge in Society," AER (American Economic Review) (September): 519-530.
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<br>Coase, Ronald H. (1992), "1991 Nobel Lecture: The Institutional Structure of Production," AER 82 (4) (September): 713-719. 
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<br>Denzau, Arthur, and Douglass North, “Shared Mental Models: Ideologies and Institutions,” Kyklos 47(1994), Fasc.1, pp. 3-31.
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<br>II. Theoretical fr<x>amework
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<br>A. Transaction Costs
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<br>Coase, Ronald H. (1937), "The Nature of the Firm," Economica 4 (November): 386-405.
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<br>Coase, Ronald H. (1960), "The Problem of Social Cost," JLE (Journal of Law and Economics) 3(1): 1-44. 
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<br>Barzel, Yoram (1982), “Measurement Cost and the Organization of Markets,” JLE 25(1): 27-48.
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<br>Cheung, Steven N. S. (1984), "The Contractual Nature of the Firm," JLE 26: 1-21.
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<br>Williamson, Oliver (1994), "Transaction Costs Economics," in R. Schmalensee and R. D. Willig, eds., Handbook of Industrial Organization, vol. 1, North-Holland. 
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<br>B. Cooperation
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<br>Heiner, Ronald (1983), “The Origins of Predictable Behavior,” AER 73(1): 560-595.
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<br>North, Douglass C. (1990), Institutions, Institutional Change and Economic Performance. Cambridge University Press. 
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<br>III. Institutions at Work
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<br>A. Contractual Relations
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<br>Cheung, Steven N. S. (1970), "The Structure of a Contract and the Theory of a Non-exclusive Resource," JLE 13 (April): 49-70.
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<br>Cheung, Steven N. S. (1974), "A Theory of Price Control," JLE 16 (April): 53-71.
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<br>Klein, Benjamin, R. A. Crawford, and A. A. Alchian (1978), "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process," JLE 21: 297-326..
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<br>Klein, Benjamin, and Keith Leffler (1981), "The Role of Market Forces in Assuring Contractual Performance," JPE 89: 615-41.
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<br>Joskow, Paul. (1988), "Asset Specificity and the Structure of Vertical Relationships: Empirical Evidence," JLEO (Journal of Law, Economics, and Organization): 95-117.
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<br>B. Firm, Family, and other Organizations
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<br>Williamson, Oliver (1985), The Economic Institutions of Capitalism. New York: Free Press. 
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<br>Grossman, Sanford, and Oliver Hart (1986), “The Costs and Benefits of Ownership: A theory of Vertical and Lateral Integration,” JPE 94(4): 691-719.
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<br>Ben-Porath, Yoram (1980), “The F-Connection: Families, Friends and the Firms, and the Organization of Exchange,” Population and Development Review 6(1): 1-30.
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<br>Bergstrom, Theodore (1989), “A Fresh Look at the Rotten Kid Theorem - and the Other Household Mysteries,” JPE 97 (5): 1138-1159. 
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<br>C. Pre-Market Economy
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<br>Demsetz, Harold (1967), “Toward a Theory of Property Rights,” AER 57: 61-70.
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<br>Posner, Richard (1980), “A Theory of Primitive Society, with Special Reference to Law,” JLE 23(April): 1-53.
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<br>Umbeck, John (1981), “Might Makes Right: a Theory of the Formation and Initial Distribution of Property Rights,” Economic Inquiry 19(1): 38-59. 
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<br>Johnson, Bruce (1986), “The Formation and Protection of Property Rights among the Southern Kwakiutl Indians,” Journal of Legal Studies 15: 41-67.
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<br>Allen, Douglas (1991), ”Homesteading and Property Rights; or “How the West Was Really Won,” JLE 34 (April): 1-23.
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<br>Anderson, Terry, and Fred McChesney (1994), “Raid or Trade? An Economic Model of Indian-White Relations,” JLE 37 (April): 39-74.
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<br>D. Tenancy and Reform
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<br>Cheung, Steven N. S. (1969), The Theory of Share Tenancy, Chicago University Press. 
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<br>Otsuka, Keijiro, and Yujiro Hayami (1988), “Theories of Share Tenancy: A Critical Survey,” Economic Development and Cultural Change 37(1): 31-68.
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<br>Lin, Justin Yifu (1990), “Collectivization and China’s Agricultural Crisis in 1959-1961,” JPE 98(6): 1128-52.
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<br>E. Migration
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<br>Todaro, Michael P. (1969), “A Model of Labor Migration and Urban Unemployment in Less Developed Countries,” AER 59 (March): 138-148.
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<br>Spear, Alden Jr. (1974), “Urbanization and Migration in Taiwan,” Economic Development and Cultural Change 22(2): 302-319.
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<br>Simon, Curtis J., and Clark Nardilli (1996), “ The Talk of the Town: Human Capital, Information, and the Growth of English Cities, 1861-1961,” Exploration in Economic History 33: 384-413.
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<br>Wagge, Steven A., (1998), “Chain Migration and Information Networks: Evidence from the Nineteenth-century Hesse-Cassel,” Journal of Economic History 58(4): 957-986.
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<br>F. Transition Economics
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<br>Dewatripont, Mathias, and Gerard Roland (1995), "The Design of Reform Package under Uncertainty," American Economic Review, 85: 5, pp. 1207-223.
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<br>Dewatripont, Mathias, and Gerard Roland (1992), “The Virtues of Gradualism and Legitimacy in the Transition to a Market Economy,” Economic Journal, 102: 411, pp. 291-300.
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<br>Roland, Gerard (2002), “The Political Economy of Transition” Journal of Economic Perspectives, 16:1 (winter), pp. 29-50.
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<br>Fernamdez, Raquel, and Dani Rodrik (1991), “Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty,” American Economic Review, 81: 5, pp. 1146-155.
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<br>Ruttan, Vernon W., and Yujiro Hayami (1984), “Toward a Theory of Induced Institutional Innovation,” Journal of Development Studies 20(4) (July), pp. 203-223.
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<br>Lin, Justin Yifu (1989), "An Economic Theory of Institutional Change: Induced and Imposed Change," Cato Journal 9(1), pp. 1-33.
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<br>Lin, Justin Yifu (1990), “Collectivization and China’s Agricultural Crisis in 1959-1961,” Journal of Political Economy 98(6), pp. 1128-52.
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<br>Lin, Justin Yifu (1992), “Rural Reform and Agricultural Growth in China,” American Economic Review 82(1), pp. 34-51.
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<br> 六、成績考核(Evaluation)
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<br> 七、可連結之網頁位址
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