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The Art and Science of Economic Explanation: Introduction to the Special Issue in Honor of Yoram Barzel

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  • Candela, Rosolino A.
  • Piano, Ennio E.

Abstract

This introduction to the special issue in honor of Professor Yoram Barzel provides an overview of his scholarship and a summary of the contributions to this special issue. Each contribution advances or elaborates upon major themes in Barzel's theoretical and applied work on property rights, transaction costs, and political economy. The contributions fall into three categories: an examination of the foundations and implications of the ‘Barzelian’ method for social scientific analysis; Barzel's economics of property rights and transaction costs to historical case studies; and advances to Barzel's theory of the state, which includes an analysis of the origins of democracy and the rule of law.

Suggested Citation

  • Candela, Rosolino A. & Piano, Ennio E., 2020. "The Art and Science of Economic Explanation: Introduction to the Special Issue in Honor of Yoram Barzel," Journal of Institutional Economics, Cambridge University Press, vol. 16(2), pages 119-126, April.
    • Handle: RePEc:cup:jinsec:v:16:y:2020:i:2:p:119-126_1
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    References listed on IDEAS

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    1. Barzel, Yoram, 1974. "A Theory of Rationing by Waiting," Journal of Law and Economics, University of Chicago Press, vol. 17(1), pages 73-95, April.
    2. Wanchek, Tanya, 2009. "Exports and legal institutions: exploring the connection in transition economies," Journal of Institutional Economics, Cambridge University Press, vol. 5(1), pages 89-115, April.
    3. Yoram Barzel & Tim R. Sass, 1990. "The Allocation of Resources by Voting," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 105(3), pages 745-771.
    4. Barzel,Yoram, 1997. "Economic Analysis of Property Rights," Cambridge Books, Cambridge University Press, number 9780521597135, February.
    5. Ennio E. Piano, 2019. "State capacity and public choice: a critical survey," Public Choice, Springer, vol. 178(1), pages 289-309, January.
    6. Barzel, Yoram, 1997. "Parliament as a wealth-maximizing institution: The right to the residual and the right to vote," International Review of Law and Economics, Elsevier, vol. 17(4), pages 455-474, December.
    7. Barzel, Yoram, 1981. "Competitive Tying Arrangements: The Case of Medical Insurance," Economic Inquiry, Western Economic Association International, vol. 19(4), pages 598-612, October.
    8. Yoram Barzel, 1997. "Measurement Cost and the Organization of Markets," Chapters, in: Svetozar Pejovich (ed.), The Economic Foundations of Property Rights, chapter 13, pages 171-192, Edward Elgar Publishing.
    9. Claude Ménard, 2011. "The Economics of Organization," Post-Print halshs-00273822, HAL.
    10. Douglas W. Allen, 2018. "Recognizing and solving institutional puzzles," Chapters, in: Claude Ménard & Mary M. Shirley (ed.), A Research Agenda for New Institutional Economics, chapter 30, pages 269-278, Edward Elgar Publishing.
    11. Leeson, Peter T., 2020. "Logic is a harsh mistress: welfare economics for economists," Journal of Institutional Economics, Cambridge University Press, vol. 16(2), pages 145-150, April.
    12. Barzel, Yoram, 1977. "An Economic Analysis of Slavery," Journal of Law and Economics, University of Chicago Press, vol. 20(1), pages 87-110, April.
    13. Barzel, Yoram & Kiser, Edgar, 1997. "The Development and Decline of Medieval Voting Institutions: A Comparison of England and France," Economic Inquiry, Western Economic Association International, vol. 35(2), pages 244-260, April.
    14. Jeremy Horpedahl, 2011. "Political exchange and the voting franchise: universal democracy as an emergent process," Constitutional Political Economy, Springer, vol. 22(3), pages 203-220, September.
    15. Peter T. Leeson & M. Scott King & Tate J. Fegley, 2020. "Regulating quack medicine," Public Choice, Springer, vol. 182(3), pages 273-286, March.
    16. Caleb S. Fuller, 2019. "Is the market for digital privacy a failure?," Public Choice, Springer, vol. 180(3), pages 353-381, September.
    17. Rosolino A. Candela & Vincent Geloso, 2019. "Coase and transaction costs reconsidered: the case of the English lighthouse system," European Journal of Law and Economics, Springer, vol. 48(3), pages 331-349, December.
    18. Barzel, Yoram, 2015. "What are ‘property rights’, and why do they matter? A comment on Hodgson's article," Journal of Institutional Economics, Cambridge University Press, vol. 11(4), pages 719-723, December.
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