This book examines a key question of modern Japanese politics: why the Meiji oligarchs were unable to design institutions capable of protecting their power. The authors question why the oligarchs chose the political institutions they did, and what the consequences of those choices were for Japan's political competition, economic development, and diplomatic relations. Indeed, they argue, it was the oligarchs' very inability to agree among themselves on how to rule that prompted them to cut the military loose from civilian control--a decision that was to have disastrous consequences not only...

Political economy has been an essential realm of inquiry and has attracted myriad intellectual adherents for much of the period of modern scholarship, although its formal split into the distinct disciplines of political science and economics in the nineteenth century has limited the study of important social issues. This volume calls for a reaffirmation of the importance of the unified study of political economy, and explores the frontiers of the interaction between politics and markets. It brings together intellectual leaders from various areas, drawing on state-of-the-art theoretical and...

It is widely believed that current disparities in economic, political, and social outcomes reflect distinct institutions. Institutions are invoked to explain why some countries are rich and others poor, some democratic and others dictatorial. But arguments of this sort gloss over the question of what institutions are, how they come about, and why they persist. This book seeks to overcome these problems, which have exercised economists, sociologists, political scientists, and a host of other researchers who use the social sciences to study history, law, and business administration.

Presenting a theory to explain how politics revolves around one axis of social cleavage instead of another, Daniel Posner examines Zambia, where people identify themselves either as members of one of the country's seventy-three tribes or as members of one of its four principal language groups. Drawing on a simple model of identity choice, Posner demonstrates that the answer depends on whether the country is operating under single-party or multi-party rule, thus revealing how formal institutional rules determine the social cleavages that matter.

Individuals, Institutions, and Markets offers a theory of how the institutional framework of a society emerges and how markets within institutions work. The book shows that both social institutions, defined as the rules of the game, and exchange processes can be analyzed along a common theoretical structure. Mantzavinos' proposal is that a problem solving model of individual behavior inspired by the cognitive sciences provides such a unifying theoretical structure. Integrating the latest scholarship in economics, sociology, political science, law, and anthropology, Mantzavinos offers a...

In Making a Market, Jean Ensminger analyzes the process by which the market was introduced into the economy of a group of Kenyan pastoralists. Professor Ensminger employs new institutional economic analysis to assess the impact of new market institutions on production and distribution, with particular emphasis on the effect of institutions on decreasing transaction costs over time. This study traces the effects of increasing commercialization on the economic well-being of individual households, rich and poor alike, over considerable time and analyzes the process by which institutions...

This book investigates strategic coordination in elections worldwide. Although the classics of electoral studies have dealt with issues of coordination, this is the first book that employs a unified game-theoretic model to study strategic coordination--including both strategic voting and strategic entry--worldwide and that relies primarily on constituency-level rather than national aggregate data in testing theoretical propositions about the effects of electoral laws.

Most citizens seem underinformed about politics. Many experts claim that only well-informed citizens can make good political decisions. Is this claim correct? In The Democratic Dilemma, Professors Lupia and McCubbins combine insights from political science, economics and the cognitive sciences to explain how citizens gather and use information. They show when citizens who lack information can (and cannot) make the same decisions they would have made if better informed. As a result, they clarify the debate about citizen competence.

This book points out that the interaction between the chambers in bicameral legislatures is central to understanding behavior in each chamber, a point neglected in previous studies. It surveys bicameral institutions from numerous countries and presents models that explain the significance of different institutional arrangements. These hypotheses are illustrated and tested with data from the French Fifth Republic, and supplemented with data from Germany, Japan, Switzerland, the United States, and the European Union.

Using recent theoretical developments in the political economy of institutions and electoral behavior, this book attempts to solve an enduring puzzle in women's electoral politics, namely why the increasing importance of women's votes in the 1920s did not imply increasing success for the lobbying efforts of women's organizations. The book argues that women's exclusion from the suffrage created terms that led to distinctive patterns of post-suffrage female electoral politics. These electoral dynamics in turn are responsible for the decline in the political influence of women's organizations by...