| Nicolai Foss | Has nothing happened in GT since 1994? (TMB Editors: Think game theory is a recent invention? Not really: here you'll find an intriguing historical time line of the development of game theory and its applications leading into the 20th century.) ... Read the full post ... Read more
| Peter Klein | I’ll be in Kansas City tomorrow for the Kauffman Economics Bloggers Forum . Speakers include David Warsh, Paul Romer, Tim Kane, Bob Litan, Donald Marron, and many others. You can watch it live here . Hopefully I’ll get some good ideas for increasing blog revenue, ... Read more
| Peter Klein | Hydrocarbon denier — you know you are one YouTube or it didn’t happen — common response from young people to a report of some event The G-2 — the US and China, jointly controlling the world economy Acluistic – without a clue Break ... Read th ... Read more
| Peter Klein | Why are firms in poor countries less productive than firms in rich countries? Is it lack of technical know-how? Poor infrastructure? Insufficient human capital? Weak intellectual-property protection? Actually, the evidence suggests a more prosaic explanation: financial constrain ... Read more
| Peter Klein | Here are some provocative videos on innovation from Ross Emmett. The series is called “The Constitution of Innovation.” The first three are posted at vimeo: Why “Picking Winners” Robs Us All of a Better Future National Innovation Systems: Too “Nat ... Read more
| Peter Klein | Tune in here at 3:45 EST today for a live broadcast of the ASC session, “The Contributions of Henry G. Manne,” organized by yours truly. Panelists include me, Alexandre Padilla, Richard Vedder, Thomas DiLorenzo, and Henry Manne. And buy your copy of the Collec ... Read more
| Peter Klein | Ed Leamer famously argued , back in 1983, that empirical economists should do more sensitivity analysis. A new NBER paper by Joshua Angrist and Jörn-Steffen Pischke says that econometric practice has indeed gotten much better, not because of sensitivity analysis, but becaus ... Read more
| Peter Klein | This looks like a fun event. Watch the Big Guys debate the future of the firm, of management, and of management education. It’s Fordham University’s W. Edwards Deming Memorial Conference, 11 May 2010 in New York City. Kudos to Mike Jensen for his willingness to wal ... Read more
| Nicolai Foss | There is little doubt that the resource-based view, in its various guises and manifestations (e.g., see Gavetti & Levinthal’s distinction between “high church” and “low church” approaches to the RBV ), is the dominant perspective in strategic ... Read more
| Nicolai Foss | At least in Europe, academic freedom is under siege. Politicians justify their meddling with the fact that universities are (largely) financed by taxpayers’ money, and they are assisted in their meddling by a growing class of bureaucrats in ministeries, the EU and inc ... Read more
Organizations and Markets was created in April 2006 by Nicolai J. Foss and Peter G. Klein, professors with research interests spanning organizational economics, strategic management, entrepreneurship, innovation, the economics of institutions, and the history, philosophy, and sociology of science. Foss teaches management at the Copenhagen Business School and Klein teaches economics at the University of Missouri, giving the blog an international and interdisciplinary orientation.
In May 2008 Richard N. Langlois and Lasse B. Lien joined the team. Langlois is an economist at the University of Connecticut who writes on the theory of the firm, organizational boundaries, technology, the economics of institutions, the history of economic thought, and economic methodology. Lien works in the area of strategic management at the Norwegian School of Economics and Business Administration (NHH), focusing on corporate strategy with an emphasis on diversification, mergers and acquisitions, and strategic positioning.
The authors are influenced by mainstream approaches in economics and management, by the emerging disciplines of transaction cost economics and capabilities theory, and by the alternative traditions of Austrian and evolutionary economics. A quick way to learn about someone’s general background, perspective, and interests is through his group memberships. The authors’ favorite professional organizations and institutions, besides the American Economic Association and theAcademy of Management, include ISNIE, the Strategic Management Society, CORI, the Center for Strategic Management and Globalization, the Mises Institute, CEPOS, and the Society for the Development of Austrian Economics.
While Organizations and Markets focuses on academic research in economics and management, the authors also comment occasionally on other shared interests, such as classical liberalism and cultural conservatism.
See also the O&M group page on Facebook.