Browsing Research publications by Author "Organisation, Markets and Policy Research Group"
Now showing items 1-20 of 79
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1688 and All That: Property Rights, the Glorious Revolution and the Rise of British Captialism
Hodgson, Geoffrey (2016-10-10)In a seminal 1989 article, Douglass North and Barry Weingast argued that by making the monarch more answerable to Parliament, the Glorious Revolution of 1688 helped to secure property rights in England and stimulate the ... -
Adaptation and survival in small- and medium-sized firms
Hodgson, Geoffrey; Dollimore, Denise; Herman, Stephen (2017-10-31)This article considers the causal connection between adaptability and survival in populations of small and medium-sized firms (SMEs). Some literatures have downplayed adaptability by focusing on statics and equilibria ... -
Austerity urbanism, local government debt-drive, and post COVID predicaments in Britain
Dagdeviren, Hulya (2024-01-01)Conditions of local governance in the aftermath of the global financial crisis are often discussed as reflections of ‘austerity urbanism’. What forms of mutations have taken place in austerity urbanism after the initial ... -
Bank efficiency, productivity, and convergence in EU countries: a weighted Russell directional distance model
Rughoo, Aarti; Fujii, Hidemichi; Managi, Shunshuke; Matousek, Roman (2018-01-22)The objective of this study is three-fold. First we estimate and analyse bank efficiency and productivity changes in the EU28 countries with the application of a novel approach, a weighted Russell directional distance ... -
Co-operatives for Sustainable Development
Gagliardi, Francesca; Gindis, David (2022-12-13)Co-operatives are recogniszed as important vectors for achieving the Sustainable Development Goals set out in the United Nations 2030 Agenda for Sustainable Development because they promote democracy, ensure fair income ... -
Cohesion as ‘common sense’: Everyday narratives of community and cohesion in New Labour’s Britain
Donoghue, Matthew (2016-07-07)This article engages with popular narratives of community and cohesion, explored through a series of focus groups in Bradford and Birmingham. This article argues that the participants interviewed used discourses propagated ... -
Collusive Decisions and Punishment under Demand and Cost Uncertainty
Amountzias, Chrysovalantis (University of Hertfordshire, 2016)This paper provides a wider approach to competitive behaviour in sectors affected by a slump in demand, based on the contribution of the original paper by Green and Porter (1984). In addition to the cooperative solution ... -
Commercial finance for development: A back door for financialisation
Karwowski, Ewa (2021-05-17)The global COVID-19 pandemic has accelerated a trend underway for the last decade: the enlistment of private-sector commercial finance for development. This finance can be brought in through (1) regular cross-border flows, ... -
The Concept of Subgame Perfection
Patokos, Tassos (2014)In mainstream game theory, the prominent solution concept for dynamic games is the “subgame perfect Nash equilibrium”. This concept combines the mathematical method of backward induction with the assumption of common ... -
Conceptualizing Capitalism : Institutions, Evolution, Future
Hodgson, Geoffrey (University of Chicago Press, 2015-08-01) -
Conceptualizing Capitalism – A Summary
Hodgson, Geoffrey (2016-02-01)This essay summarizes key parts of the book Conceptualizing Capitalism (Hodgson 2015a). It briefly explains why institutions must be central to a definition of capitalism, and what is the nature and role of such a definition. ... -
Conceptualizing the Business Corporation: Insights from History
Gindis, David (2020-06-01)The purpose of this symposium is to shed light on the genealogy of the idea of a business corporation, an economic institution which has long been regarded with a mixture of awe and apprehension. Each of the four original ... -
Convergent and Divergent Trajectories of Corporate Governance
Gindis, David; Veldman, Jeroen; Willmott, Hugh (2020-07-22)This Special Issue revisits the classic question of comparative corporate governance research, namely whether national corporate governance systems are converging. More specifically, it focuses on several ‘convergence ... -
A Conversation with Geoff Hodgson
Gagliardi, Francesca; Gindis, David; Hodgson, Geoffrey (Edward Elgar Publishing, 2019-11-29)This article is the introductory chapter to a festschrift in honour of Geoff Hodgson. In work spanning four decades, Geoff Hodgson has made many path-breaking contributions to institutional economics, evolutionary economics, ... -
The Corporate Baby in the Bathwater: Why Proposals to Abolish Corporate Personhood Are Misguided
Gindis, David; Singer, Abraham (2023-04-30)The fear that business corporations have claimed unwarranted constitutional protections which have entrenched corporate power has produced a broad social movement demanding that constitutional rights be restricted to human ... -
Corporate financialization in South Africa : From investment strike to housing bubble
Karwowski, Ewa (2018-08-01)This article reveals the processes of financialization in the South African economy by tracing the sources and destinations of non-financial corporations’ liquidity. The paper argues that rather than the volume of non-financial ... -
A Critical Assessment of Transaction Cost Theory and Governance of Public Services with Special Reference to Water and Sanitation
Dagdeviren, Hulya; Robertson, Simon Andrew (2016-01-06)This paper aims to provide a critical assessment of Oliver Williamson’s work on the choice between public and private governance by focusing on his central proposition that public governance should be considered as an ... -
Critical perspectives on resilience
Calado, Alexandre; Capucha, Luis; Dagdeviren, Hulya; Donoghue, Matthew; Estêvão, Pedro (Edward Elgar Publishing, 2020-12-08)This chapter aims to contribute to the critical discussion of the concept of resilience and its pertinence and usefulness to contexts of socioeconomic hardship. Starting from an approach that contrasts the poverty studies ... -
Culture in Economics
Karimzadi, Shahzavar (2019-01-01)It is a self-evident fact that there cannot be a human society without culture. The necessity of culture to humans is imperative. Culture in its most basic sense fulfils and harnesses the obligations of communal cohabitation. ... -
A Decade of Lost Growth: Economic Policy in Spain through the Great Recession
Salmon, Keith (2017-04-03)In 2008 the Spanish economy sank into recession, returning to growth in 2014. This paper explores the policies that were pursued by two successive governments to escape the recession. It comments on one of the most contentious ...