一、課程說明(Course Desc<x>ription)
<br>This course is intended to offer graduate students an essential 
<br>understanding of the New Institutional Economics. The class is research 
<br>oriented. Students are expected to master the basic analytical fr<x>amework 
<br>and establish an insight toward understanding the institutions in the real 
<br>world. Class participation is required. Each student is required to do 
<br>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)
<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 
<br>(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 
<br>Economic Review) (September): 519-530.
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<br>Coase, Ronald H. (1992), "1991Nobel Lecture: The Institutional Structure of 
<br>Production," AER 82 (4) (September): 713-719. 
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<br>Denzau, Arthur, and Douglass North (1994). "Shared Mental Model: Ideologies 
<br>and Institutions, " Kyklos, 47:1, 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): 
<br>386-405.
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<br>Coase, Ronald H. (1960), "The Problem of Social Cost," JLE (Journal of Law 
<br>and Economics) 3(1): 1-44. 
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<br>Barzel, Yoram (1982),“Measurement Cost and the Organization of Markets,” JLE 
<br>25(1): 27-48.
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<br>Cheung, Steven N. S. (1984), "The Contractual Nature of the Firm," JLE 26: 
<br>1-21.
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<br>B. Institutions and Institutional Change
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<br>North, Douglass C. (1990), Institutions, Institutional Change and Economic 
<br>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 
<br>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): 
<br>53-71.
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<br>Klein, Benjamin, R. A. Crawford, and A. A. Alchian (1978), "Vertical 
<br>Integration, Appropriable Rents, and the Competitive Contracting Process," 
<br>JLE 21: 297-326..
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<br>Klein, Benjamin, and Keith Leffler (1981), "The Role of Market Forces in 
<br>Assuring Contractual Performance," JPE 89: 615-41.
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<br>Joskow, Paul. (1988), "Asset Specificity and the Structure of Vertical 
<br>Relationships: Empirical Evidence," JLEO (Journal of Law, Economics, and 
<br>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 
<br>York: Free Press. 
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<br>Grossman, Sanford, and Oliver Hart (1986), “The Costs and Benefits of 
<br>Ownership: A theory of Vertical and Lateral Integration,” JPE 94(4): 691-
<br>719.
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<br>Ben-Porath, Yoram (1980), “The F-Connection: Families, Friends and the 
<br>Firms, and the Organization of Exchange,” Population and Development Review 
<br>6(1): 1-30.
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<br>Bergstrom, Theodore (1989), “A Fresh Look at the Rotten Kid Theorem - and 
<br>the Other Household Mysteries,” JPE 97 (5): 1138-1159. 
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<br>Acemoglu, Daron and James Robinson (2012). Why Nations Fail: The Origins of 
<br>Power, Prosperity, and Poverty.
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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 
<br>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 
<br>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 
<br>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 
<br>Was Really Won,” JLE 34 (April): 1-23.
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<br>Anderson, Terry, and Fred McChesney (1994), “Raid or Trade? An Economic 
<br>Model of Indian-White Relations,” JLE 37 (April): 39-74.
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<br>D. Transitional Economy
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<br>Svejnar, Jan (2002), “Transition Economics: Performance and Challenges,” 
<br>Journal of Economic Perspectives, 16:1 (winter), pp. 3-28.
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<br>Roland, Gerard (2002), “The Political Economy of Transition” Journal of 
<br>Economic Perspectives, 16:1 (winter), pp. 29-50.
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<br>Dewatripont, Mathias, and Gerard Roland (1995), “The Design of Reform 
<br>Package under Uncertainty,” AER, 85:5, pp. 1207-223.
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<br>Fernamdez, Raquel, and Dani Rodrik (1991), “Resistance to Reform: Status Quo 
<br>Bias in the Presence of Individual-Specific Uncertainty,” AER, 81:5, pp. 
<br>1146-155.
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<br>Ruttan, Vernon W., and Yujiro Hayami (1984), “Toward a Theory of Induced 
<br>Institutional Innovation,” Journal of Development Studies 20(4) (July), pp. 
<br>203-223.
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<br>Lin, Justin Yifu (1989), “An Economic Theory of Institutional Change: 
<br>Induced and Imposed Change,” Cato Journal 9(1), pp. 1-33.
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<br>Lau, Lawrence, Yingyi Qian and Gerard Roland (2000), “Reform Without Losers: 
<br>An Interpretation of China’s Dual Track Approach to Transition,” JPE, 108: 
<br>1, pp. 120-43.
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<br>E. Empirical Studies on Institutions
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<br>Acemoglu, Daron and Simon Johnson (2005). “Unbundling Institutions,” JPE, 
<br>113:5, pp. 949-995.
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<br>Alesina, Alberto and Paola Giuliano, “Culture and Institutions,” Journal of 
<br>Economic Literature 53 (4) (December 2015), pp. 898-944.
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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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