The recent proliferation of data about art prices has been interpreted as the democratization a formerly secretive economic sphere. Contesting this idea, I argue that such is collected, controlled, and disseminated by international dealers auction houses for purpose reinforcing myth single, integrated market art. Through analysis presentation strategies in Gagosian Gallery’s online viewing room...

The nature and economic role of legally constituted firms varies between market economies and changes over time. In particular, the governance of leading firms and how they develop distinctive organisational capabilities vary between institutional regimes and their supporting political-economic coalitions. These characteristics can be combined to distinguish five ideal types of firms that domin...

This article highlights political science’s interest in the distribution of authority between federal and state governments. The authority boundaries are studied (1) as mechanism design problems, where authority is allocated optimally to achieve social goals; (2) as problems in positive political theory, because the authority distribution creates competitive interests; (3) as an institutional d...

Legal and institutional structures fundamentally shape opportunities for adaptive governance of environmental resources at multiple ecological and societal scales. Properties of adaptive governance are widely studied. However, these studies have not resulted in consolidated frameworks for legal and institutional design, limiting our ability to promote adaptation and social-ecological resilience...

Title: ESSAYS IN COMPARATIVE INSTITUTIONAL ECONOMICS Peter Grajzl, Doctor of Philosophy, 2005 Directed By: Professor Peter Murrell Department of Economics This dissertation examines how decentralized institutional structures and organizational forms evolve and affect economic development under different politicoeconomic and legal arrangements. Organized legal professions are typically viewed by...

Present research covers a systematic study of Institutional Digital Repository in Jadavpur University. This study has shown that the large number of people needs a global awareness and understanding of institutional digital repository and different aspects associated with it, such as, software, sources for user’s awareness, motivators for developing a repository, demand of the users in changing...

Institutional investor is supposed to be more powerful than individual investor from the perspectives of regularity authority and scholar, but the results are mixed. Using the data of listed company in China, the paper presents a comparative study on the impacts of institutional investor and individual investor on investment risk. It shows that the scale and ownership of institutional investor ...

We use an agent-based model to investigate the interdependent dynamics between individual agency and emergent socioeconomic structure, leading to institutional change in a generic way. Our model simulates the emergence and exit of institutional units, understood as generic governed social structures. We show how endogenized trust and exogenously given leader authority influences institutional c...

Abstract The Chinese Communist Party (CCP) is expanding its organizational infrastructure in the private sector, revealing dynamics of CCP-style institutional change. building follows a distinct version adaptive governance. Hesitant to rely on innovative tools alone, organizers productively tinker with traditional and disparate elements. Grassroots organs, sanctified by their venerable history,...