ECON 320 Syllabus
Fall 2008, Prof. Christiaan Hogendorn
 
Course policies webpage
 
I. Introduction

1. Introduction
 
2. The “Tragedy of The Commons”
Garrett Hardin, “The Tragedy of the Commons,” Science, 162(3859), 1968: 1243-1248. (Prof. Hogendorn)
Background:
Hal Varian, Intermediate Microeconomics, Norton, 5th, 6th, or 7th editions, Chapter 28, “Game Theory.”

3. Coordination Games
Samuel Bowles, “Coordination Failures and Institutional Responses,” Chapter 4 in Microeconomics, Princeton, 2004, pp. 148-166. (Derek, Lane)
Background:
Samuel Bowles, “Coordination Failures and Institutional Responses,” Chapter 4 in Microeconomics, Princeton, 2004, pp. 127-148

4. Property Rights and Commons Design
William Landes and Richard Posner, “The Economic Theory of Property,” Chapter 1 in The Economic Structure of Intellectual Property Law, Cambridge, MA: Harvard University Press, 2003. (Tony, Sid)
Background:
Elinor Ostrom, Governing the Commons, Cambridge University Press, 1990.

II. Agriculture and Fisheries

1. The European Commons
Henry Smith, “Semicommon Property Rights and Scattering in the Open Fields,” Journal of Legal Studies, 29(1), 2000: 131-169. (Benji, Matt)
Background:
Richard Hoffmann, “Medieval Origins of the Common Fields,” Chapter 1 in Parker and Jones, eds., European Peasants and their Markets, Princeton University Press, 1975.

2. Enclosure
Donald McCloskey, “The Economics of Enclosure,” Chapter 3 in Parker and Jones, eds., European Peasants and their Markets, Princeton University Press, 1975. (Angela, Kin Yan)
Background:
Michael Turner, “English Open Fields and Enclosures: Retardation or Productivity Improvements,” Journal of Economic History, Vol. 46, No. 3 (Sep., 1986), pp. 669-692.
T. S. Ashton, The Industrial Revolution 1760-1830, Oxford, 1948.

3. Fishing
James Acheson, Lobster Gangs of Maine, Univ. Press of New England, 1988, Chapters 3 & 4. (David, Keith)
Background:
James Acheson, Lobster Gangs of Maine, Univ. Press of New England, 1988, Chapters 1 & 5.
Edella Schlager, “Fishers’ Institutional Responses to Common-Pool Resource Dilemmas,” Chapter 11 in Ostrom, Gardner, and Walker, Rules, Games, and Common-Pool Resources, Michigan, 1994.

4. Irrigation
Elinor Ostrom, “Analyzing Long-Enduring, Self-Organized, and Self-Governed CPRs,” Chapter 3 in Governing the Commons, Cambridge University Press, 1990. (Dominic, Walt)
Background:
Shui Yan Tang, “Institutions and Performance in Irrigation Systems,” Chapter 10 in Ostrom, Gardner, and Walker, Rules, Games, and Common-Pool Resources, Michigan, 1994.

III. Technology Commons

1. Software Platforms
David S. Evans, Andrei Hagiu and Richard Schmalensee, “Both Sides Now,” Chapter 3 in Invisible Engines, MIT Press, 2006. (David, Keith)
Background:
David S. Evans, Andrei Hagiu and Richard Schmalensee, “Speaking in Code,” Chapter 2 in Invisible Engines, MIT Press, 2006.

2. Open Source
Yochai Benkler, “Peer Production and Sharing” and “The Economics of Social Production,” Chapters 3 and 4 in The Wealth of Networks, Yale University Press, 2006. (Gavin, Tony)
Background:
Josh Lerner and Jean Tirole, “Some Simple Economics of Open Source,” Journal of Industrial Economics, 50(2), 2002: 197-234.
Yochai Benkler, “Some Basic Economics of Information Production and Innovation,” Chapter 2 in The Wealth of Networks, Yale University Press, 2006.

3. Spectrum
Patrick S. Ryan, “Treating the Wireless Spectrum as a Natural Resource,” Environmental Law Reporter, Vol. 35, p. 10620, September 2005. (Lane, Matt)
Background:
Jonathan Nuechterlein and Philip Weiser, Digital Crossroads, Chapters 7 and 8.

4. Standards
Brian Delacey, Kerry Herman, David Kiron, Josh Lerner, “Strategic Behavior in Standard-Setting Organizations,” Harvard NOM Working Paper No. 903214,  2006. (Aneliya, Rebecca)
Background:
Richard Schmalensee, “Standard-Setting, Innovation Specialists,  
and Competition Policy,” working paper 2008.

5. FIRST GROUP PRESENTATIONS
Open Source (David, Dominic, Keith, Walt)
Facebook (Becca, Benji, Derek, Phil)
Recruiting High School Athletes (Lane, Matt O., Matt W., Sid)
Finance (Aku, Bill, Gavin, Ian, Justin, Olga, Pat, Tony)
Healthcare (Aneliya, Angela, Kin Yan)

IV. Knowledge Commons

1. Ownership and Incentives
Oliver Hart,“The Property Rights Approach,” Chapter 2 in Firms, Contracts, and Financial Structure, Oxford 1995, pp. 43-55. (Justin, Pat)
Background:
Oliver Hart, “The Property Rights Approach,” Chapter 2 in Firms, Contracts, and Financial Structure, Oxford 1995, pp. 29-43.

2. Research Joint Ventures and Spillovers
Lars-Hendrik Roller, Ralph Siebert and Mihkel M. Tombak, “Why Firms Form (or do not Form) RJVs,” The Economic Journal, 117: 1122-1144. (Benji, Phillip)
Background:
Wesley M. Cohen and Daniel A. Levinthal, “Innovation and Learning: The Two Faces of R & D,”  Economic Journal, Vol. 99, No. 397 (Sep., 1989), pp. 569-596
Dermot Leahy, J. Peter Neary, “Absorptive capacity, R&D spillovers, and public policy,” International Journal of Industrial Organization, Volume 25, Issue 5, , October 2007, Pages 1089-1108.
Brett Frischmann and Mark Lemley “Spillovers,” Columbia Law Review, 100(2), 2006.

3. FALL BREAK
 
4. Patent Pools and Anticommons
Carl Shapiro, 2001, “Navigating the Patent Thicket: Cross Licenses, Patent Pools, and Standard Setting,” in Jaffe, A.B., Lerner, J., and Stern, S. (eds.), Innovation Policy and the Economy, 1, 2001, pp. 119-150. (Becca, Derek, Phillip)
Background:
Josh Lerner, Marcin Strojwas and Jean Tirole, “The Design of Patent Pools: The Determinants of Licensing Rules,” Rand Journal of Economics, forthcoming

5. Ideas and Artifacts
Charlotte Hess and Elinor Ostrom, “Ideas, Artifacts, and Facilities: Information as a Common-Pool Resource,” Law and Contemporary Problems, 66, 2003: 111-145. (Gavin, Sid)
Background:
Charlotte Hess and Elinor Ostrom, eds., Understanding Knowledge as a Commons, MIT Press, 2007.

V. Shared Resources

1. Business Ecosystems
Kevin Boudreau and Andrei Hagiu, “Platform Rules: Multi-Sided Platforms as Regulators,” working paper, 2008. (Dominic, Walt)
Background:
Gawer A. and Cusumano M.A. (2002) Platform Leadership: How Intel, Microsoft, And Cisco Drive Industry Innovation, Harvard Business School Press, Boston.
Gawer A. and Henderson R. (2007) “Platform Owner Entry and Innovation in Complementary Markets: Evidence from Intel,” Journal of Economics & Management Strategy, Vol. 16, No. 1, pp. 1-34, Spring.  

2. Cities and Agglomeration
Catherine de Fontenay and Erran Carmel, “Israel’s Silicon Wadi: The Forces Behind Cluster Formation,” Chapter 3 in Timothy Bresnahan and Alfonso Gambardella, eds., Building High Tech Clusters, Cambridge, 2004. (Aneliya, Angela, Kin Yan)
Background:
Glenn Ellison, Edward Glaeser and William Kerr, “What Causes Industry Agglomeration? Evidence from Coagglomeration Patterns,” working paper, 2008.
Timothy Bresnahan and Alfonso Gambardella, “Old Economy Inputs for New-Economy Outcomes: What Have We Learned?,” Chapter 10 in Building High Tech Clusters, Cambridge, 2004.

3. Large-Scale Infrastructure
Brett Frischmann, "An Economic Theory of Infrastructure and Commons Management," Minnesota Law Review, 89 April 2005. (Aku, Ian, Olga)
Background:
Frischmann and Hogendorn paper.
Yohe on Greening The Global Economy

4. Network Neutrality
Rob Frieden, “A Primer on Network Neutrality,” Intereconomics, 43(1), 2008. (Bill, Justin, Pat)
Background:
Christiaan Hogendorn, “Broadband Internet: Net Neutrality versus Open Access,” International Economics and Economic Policy, 4(2), 2007: 185-208.

VI. Alliances

1. Housing Commons
Henry Hansmann, “Housing,” Chapter 11 in The Ownership of Enterprise, Harvard University Press, 1996. (Gavin, Matt O., Matt W.)

2. Shared Infrastructure
Henry Hansmann, “Retail, Wholesale, and Supply Firms,” Chapter 8 in The Ownership of Enterprise, Harvard University Press, 1996.

3. THANKSGIVING
 
VII. Group Presentations

1. Groups 1 and 2
Open Source (David, Dominic, Keith, Walt)
Healthcare (Aneliya, Angela, Kin Yan)

2. Groups 3 and 4
Facebook (Becca, Benji, Derek, Phil)
Recruiting High School Athletes (Lane, Matt O., Matt W., Sid)

3. Groups 5 and 6
Finance (Aku, Bill, Gavin, Ian, Justin, Olga, Pat, Tony)
Finance (Aku, Bill, Gavin, NOT Ian, Justin, Olga, Pat, Tony)