@JoIEBlog

The Journal of Institutional Economics is devoted to the study of the nature, role and evolution of institutions. Visit the blog:

[@JoIEBlog @JoIEBlog1]

The shortlist for the 2026 Elinor Ostrom Prize is out! Are you on it? The winning paper will be announced at WINIR in Rome! https://t.co/Y7qdE3XVmp @winir2013 @DGindis @g_m_hodgson

[@JoIEBlog @JoIEBlog1]

Fresh Post! Guild, chartered company, shareholder firm: @ugopagano elegantly traces an inversion. Capitalism was built on pluralism and open knowledge. Intellectual monopoly capitalism is cannibalising the foundations that made it generative. https://t.co/3Q2R9a4LIT @winir2013

[@JoIEBlog @JoIEBlog1]

Fresh Post! Is the governance issue between individuals or between individuals and the firm? @ArminWSchulz offers three tests to tell the difference, and explains why getting this wrong means applying the wrong fix. https://t.co/MIhcuSoJVw @winir2013 @DGindis @g_m_hodgson

[@JoIEBlog @JoIEBlog1]

Fresh Post! Not all sludge is bad sludge. That form you just rage-quit? Someone, somewhere, needs it. New blogpost by Daniil Frolov makes the case for systemic thinking before reducing sludge.
https://t.co/vULPwrgenc @winir2013 @g_m_hodgson @DGindis

[@JoIEBlog @JoIEBlog1]

Fresh Post! What makes Italian tomato supply chains work? Not just contracts or regulations—but the missing middle layer. Interbranch Organisatuions translate macro-rules into micro-contracts, reducing transaction costs. #mesoinstitutions, https://t.co/8veYljO4fi @winir2013

[@JoIEBlog @JoIEBlog1]

Fresh Post! Why do Filipino farmers cooperate better on climate adaptation? It's not information—it's institutional design. Participatory meso-institutions beat state hierarchies for collective action https://t.co/nlxXmXlblJ @winir2013 #mesoinstitutions

[@JoIEBlog @JoIEBlog1]

Fresh Post! Since 1979, the rial lost 3000x its value. Behind Iran's collapse: Shiite political capitalism and Anfal— Iran operates dual treasuries that turn every crisis into elite opportunity. https://t.co/f2oNssaOhF @winir2013 @DGindis @g_m_hodgson

[Tim Harcourt @TimHarcourt]

@g_m_hodgson @winir2013 @JoIEBlog1 @CambridgeUP Great choice

[Bryan Cheang @bryancheang_]

@g_m_hodgson @winir2013 @JoIEBlog1 This is a great paper on the evolutionary paradigm!

[Geoffrey M Hodgson #FBPA 🔶 @g_m_hodgson]

Congratulations to Joel Mokyr on winning the Nobel Prize in economics!

Joel has published several items in the
Journal of Institutional Economics.

https://t.co/FrKWpSkRzr

@winir2013 @JoIEBlog1 @CambridgeUP

[Geoffrey M Hodgson #FBPA 🔶 @g_m_hodgson]

Congratulations to Joel Mokyr on winning the Nobel Prize in economics!

Here is a piece that we co-authored, with several others:
https://t.co/bHBbUbiTDY

@winir2013
@JoIEBlog1

[@JoIEBlog @JoIEBlog1]

Fresh Post! Short-termism isn't human nature—it's institutionally enacted. Elections, stock markets, gig contracts: each creates a different temporal world. Blaž Remic's framework shows how institutions afford distinct ways of inhabiting the future. https://t.co/fdueEveo5J

[@JoIEBlog @JoIEBlog1]

AI's copyright crisis may require institutional redesign. Makridis & Ammons bring Elinor Ostrom's polycentric governance theory to AI training data—showing how multiple overlapping institutions could work better than centralized enforcement. https://t.co/kIqFq0C5DL @winir2013

[@JoIEBlog @JoIEBlog1]

How can we understand tech giants, institutional change, and global challenges through an institutional lens? Kazuhiro Taniguchi explores Masahiko Aoki's Comparative Institutional Analysis and its contemporary relevance. #Economics #Institutions https://t.co/E6FVEaEpdo @winir2013

[@JoIEBlog @JoIEBlog1]

Fresh post! Part II of @g_m_hodgson 's treatise on transactions and legal institutionalism details how the notion of 'contracting costs' relating to the costs of forming a contract may supersede the vague and ambiguous nature of transaction costs. https://t.co/GC1fEJPknt

[Geoffrey M Hodgson #FBPA 🔶 @g_m_hodgson]

Part 1 of my 2-part article on "Transactions and Legal Institutionalism" has just been published.

Open access. @CambridgeUP @winir2013 @JoIEBlog1

https://t.co/Zvku9ljtSD

[@JoIEBlog @JoIEBlog1]

Fresh post! @g_m_hodgson compares the #transactions of Allen, Barzel, Coase, Commons, North and Williamson, as well as their differing views on the the role of the law and the state as enforcer. This is the summary of Part I. Watch this space for Part II @winir2013

[@JoIEBlog @JoIEBlog1]

Fresh post! A new typology for for categorising and theorising inclusive innovation https://t.co/waLRLRtShV @winir2013 @emsent @g_m_hodgson #inclusion #innovation

[@JoIEBlog @JoIEBlog1]

Fresh post! Why does federalism fail to address ethnic conflict in the African context? https://t.co/FmZg6NTNy4 @winir2013 @g_m_hodgson @emsent

[WINIR @winir2013]

Call for Papers: #WINIR2025 Conference on "Institutions, Entrepreneurship & Shared Prosperity", Prague, 10-12 Sept 2025 https://t.co/s1wnqdqHnO With Faculty of Business Administration, VŠE. Spread the word @MarekHudik @DGindis @_FGagliardi @paolosilvest @JoIEBlog1 @Nonicoc