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10月31日

NB!!

赶在2009年10月31日过去之前,完成十几年来的这个表达

10月13日

欢迎参加

讲座:“风险规制:多风险世界中的法律与治理”

      (Risk Regulation: Law and Governance in a Multi-Risk World


主讲:杜克大学法学院Jonathan B. Wiener教授

嘉宾:北京大学法学院 王锡锌教授 沈岿教授

承办:北京大学法学院公众参与与研究支持中心

时间:20091016 周五 7点至9

地点:北京大学电教305(法学院临时行政楼学生活动中心)


10月12日

terribly related to legal studies

就好象你觉得每天都可能发生的事儿,有一天突然就发生了,你的感觉是“终于。。。是不是晚了点?”,还是“果然。。。是不是实在没啥新鲜的了?”

Ostrom, Williamson Win Nobel Prize for Economics

[WSJ] http://online.wsj.com/article/SB125534373296580027.html?mod=WSJ_hps_LEADNewsCollection

Two American economists, Elinor Ostrom and Oliver Williamson, who study the way decisions are made outside the markets on which many other economists focus, were awarded the Nobel Prize in economics Monday.

Ms. Ostrom, who teaches at Indiana University in Bloomington, Ill., is the first woman to win the prize, which, before Monday, had been awarded to 62 men since it was launched in 1969 to celebrate the 300th anniversary of the Swedish bank. The judges cited "her analysis of economic governance, especially the commons," the way in which natural resources are managed as shared resources. It is an area of research that she said was relevant to questions surrounding global warming, and suggests that decisions by individuals can help solve the problem even as governments work to reach an international agreement.

Ms. Ostrom "challenged the conventional wisdom that common property is poorly managed and should be either regulated by central authorities or privatized," the Nobel judges said. "Based on numerous studies of user-managed fish stocks, pastures, woods, lakes, and groundwater basins, [Ms.] Ostrom concludes that the outcomes are, more often than not, better than predicted by standard theories. She observes that resource users frequently develop sophisticated mechanisms for decision-making and rule enforcement to handle conflicts of interest, and she characterizes the rules that promote successful outcomes."

Ms. Ostrom, who was interviewed by phone during the announcement press conference in Stockholm, described the prize as "an immense surprise," and said, "I'm still a little bit in shock."

Her Ph.D. is in political science, but she said she considers herself a political economist.

Mr. Williamson, who is at the University of California at Berkeley, was cited for "for his analysis of economic governance, especially the boundaries of the firm" -- the reason some economic decisions are made at arm's length in markets and others are made inside a corporation.

"The drawback of markets is that they often entail haggling and disagreement," the judges said. "The drawback of firms is that authority, which mitigates contention, can be abused. Competitive markets work relatively well because buyers and sellers can turn to other trading partners in case of dissent. But when market competition is limited, firms are better suited for conflict resolution than markets. A key prediction of [Mr.] Williamson's theory, which has also been supported empirically, is therefore that the propensity of economic agents to conduct their transactions inside the boundaries of a firm increases along with the relationship-specific features of their assets."

The economics prize is the only one of the six Nobel prizes not created in Swedish industrialist Alfred Nobel's 1896 will, and is officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

The two economists will share a 10 million kronor prize (about $1.4 million). Ms. Ostrom said she hopes to devote the proceeds to supporting research and graduate students.