作者：LORENZ, EH
摘要：British shipbuilding enjoyed undisputed international supremacy between 1890 and 1914. Following a gradual loss of world market share during the interwar years, Britain sustained an absolute decline in output between 1948 and 1970. European shipbuilding expanded at an unprecedented rate after World War II. This article attributes Britain's dramatic competitive decline in part to management's uncertainty about the need to reform work administration methods during the decade or so following Worl...
作者：WEIMAN, DF
摘要：Organized markets in public lands enabled large slaveholders to establish a foothold on the frontier, often in advance of their actual settlement. Their pre-emptive purchases of prime cotton lands fostered the regional differentiation of territory by displacing yeoman households to more marginal soils. An analysis of the land market in western Georgia in the 1820s demonstrates the regional patterning of the new territory at the very onset of settlement. The state's land policy, a lottery syste...
作者：KANTOR, SE
摘要：This article attempts to explain why the adoption of potentially productive institutions is delayed and why inefficient ones persist by exploring the dynamics of institutional change in a particular historical case-the closing of the Georgia open range in the late nineteenth century. A closed range policy would have generated net benefits for specific regions of Georgia, but distributional conflicts, coupled with high transaction costs, made a voluntary agreement to do that unattainable. The a...
