This paper reviews briefly the arguments for capital market liberalization, and identifies their
theoretical and empirical weaknesses. This provides the foundations for the argument for …

In this chapter, we review the recent literature on conflict and appropriation. Allowing for the
possibility of conflict, which amounts to recognizing the possibility that property rights are not …

Lucid, comprehensive, and definitive in its field, this text covers every aspect of economic
analysis of the law. Features: Two new chapters, one on intellectual property, one on …

International law is much debated and discussed, but poorly understood. Does international
law matter, or do states regularly violate it with impunity? If international law is of no …

This survey investigates the increasing importance of global public goods (GPGs) in today's
interdependent world, driven by ever-growing, cross-border externalities and public good …

The difference between war and peace can be a matter of trust. States that trust each other
can cooperate and remain at peace. States that mistrust each other enough can wage …

Unipolarity is a novel condition in world politics, and its effects on international alliances
have yet to receive sustained theoretical attention. Tracing its impact requires a careful …

The Social Science Encyclopedia, first published in 1985 to acclaim from social scientists,
librarians and students, was thoroughly revised in 1996, when reviewers began to describe …

We investigate the emergence and enforcement of contribution norms to public goods in
homogeneous and heterogeneous groups. With survey data we demonstrate that …

It is surely appropriate that the John R. Commons lecture would someday be given on the
subject of Institutions. Anyone who goes back to read The Legal Foundations of Capital ism …