Session 5 - ISNIE 2004

Friday, October 1st
1:30 – 2:45 p.m.
Five Parallel Sessions

Panel 5.1: HISTORICAL APPLICATIONS OF ECONOMIC ORGANIZATIONS

Organizer: Douglas W. Allen (Simon Fraser University)
Chair: Dean Lueck (University of Arizona)
Discussants: Thrainn Eggertson (University of Iceland), Zeynep Hansen (Washington University in St. Louis), and Noel Johnson (California State University)

The Duel of Honor: Screening for Unobservable Social Capital
Douglas W. Allen (Simon Fraser University) and Clyde Reed (University of Washington)
Emergence of Endogeneous Legal Institutions: Property Rights and Community Governance in the Italian Alps
Marco Casari (University of Barcelona)
The Political Economy of “Truth-in-Advertising Regulation” During the Progressive Era
Zeynep Hansen (Washington University in St. Louis) and Mark T. Law (University of Vermont)
Institutional Change in the Long-run: the Ottoman Empire and France in the Early Modern Age
Noel Johnson (California State University) and Eliana Balla (Washington University in St. Louis)

Panel 5.2: RADIO PAYOLA REVISITED: LAW AND ECONOMICS OF THIRD-PARTY PAYMENTS

Organizer and Chair: D. Bruce Johnsen (George Mason University)
Discussants: Price Fishback (University of Arizona), Dan Houser, D. Bruce Johnsen, and Josh Wright (all of George Mason University)
Kickbacks or Compensation: The Case of Yield Spread Premiums

Howell E. Jackson(Harvard University)
Does soft dollar brokerage benefit portfolio investors: Agency Problem or Solution?
Stephen Horan (St. Bonaventure University) and D. Bruce Johnsen (George Mason University)
The Economics of Slotting Arrangements
Benjamin Klein (UCLA) and Joshua Wright (George Mason University)
Performance of Bond Pooling: An Efficiency Argument for Insurance Steering
Jonathan Klick (Florida State University)

Panel 5.3: INSTITUTIONS AND PUBLIC POLICY MAKING

Organizer : Pablo Spiller (University of California – Berkeley)
Chair: Ernesto Stein (IDB)
Discussants: Guy Holburn (University of Western Ontario) and Philip Hoffman (California Institute of Technology)

Political Institutions, Policymaking Processes and Policy Outcomes in Brazil
Lee Alston (University of Colorado), Marcus Melo (Universidade Federal de Pernambuco-Brazil), Bernardo Mueller (Universidade de Brasilia- Brazil), and Carlos Pereira (University of Sao Paulo)
Political Institutions and Policymaking in Venezuela
Fransisco Monaldi (Andres Bello Catholic University-Venezuela)
Policymaking Institutions, Policymaking Processes, and Policy Outcomes in Paraguay
Jose Molinas, Jose M. Costa, Marcela Montero, Anibal Perez-Linan (all of Desarrollo) and Sebastian Saiegh (University of Pittsburgh)
The Pitfalls of Policymaking in Peru: Actors, Institutions, and Rules of the Game
Eduardo Morón and Cynthia Sanborn (both of University of Pacifico)

Panel 5.4: INSTITUTION AND INSTITUTIONAL CHANGES IN TRANSITION AND DEVELOPING ECONOMIES

Chair: Kenneth Koford (University of Delaware)
Discussants: Veneta Andonova (ITAM), Kenneth Koford (University of Delaware), Jeffery B. Miller (University of Delaware) and Stoyan Tenev (World Bank Group)

Corporate Governance and Corporate Restructuring
Jack Glen (World Bank) and Ajit Singh (University of Cambridge)
Financial and Credit Markets: Competitive Market Theory and New Institutionalism
Kenneth Koford (University of Delaware)
Common Pool Resources in Bulgarian Architecture: An Empirical Study of Cooperation and Breakdown Under Varied Organizations
Mieke Meurs (American University)
State and Ownership Reforms in Transition Economies: China vs. the Orthodoxy
Jeffery B. Miller (University of Delaware), and Stoyan Tenev (World Bank Group)
Institutions and Development: Beyond the World Bank Agenda
Howard Stein (University of Michigan)

Panel 5.5 FINANCIAL INTERMEDIATION IN DIFFERENT INSTITUTIONAL SETTINGS

Chair: Christian Harm (University of Muenster)
Discussants: Frank Stephen (University of Strathclyde) and Marc Weidenmier (Claremont McKenna College)