MONASH WORKSHOP: INCREASING RETURNS AND INFRAMARGINAL ECONOMICS

24 - 28 February 2003

Bayview Conference Centre
Bayview Avenue, Clayton, VIC 3189

PICTURES

Guest speakers: Eric Maskin and Avner Ben-Ner

Following the success of the first annual workshop on “Economics beyond Neoclassical Limits”, organised by Nobel laureate James Buchanan and Virginia Polytech and State University and financed by National Science Foundation and James Buchanan in June 2002, the Research Centre of Increasing Returns and Economic Organisation at the Department of Economics, Monash University is pleased to announce that the second annual workshop will be held at Monash University from 24 to 28 February 2003.

Two eminent economists, Eric Maskin and Aver Ben-Ner, as distinguished visiting scholars, will participate in the workshop and deliver guest speeches.

Eric Maskin is the A. O. Hirschman Professor of Social Science at the Institute for Advanced Study, Princeton University. Eric Maskin has worked in many areas of economic theory, including game theory, the economics of incentives, and social choice theory. His current projects involve designing auctions, comparing different electoral rules such as majority voting, understanding the role of monetary policy, and studying the advantages and drawbacks of protecting intellectual property.

Avner Ben-Ner is the Director of the Industrial Relations Center and the Chair of the Department of Human Resources and Industrial Relations, Carlson School of Management, University of Minnesota. Avner Ben-Ner has worked in the areas of the organisation of the workplace, determinants and consequences of structure and behaviour of different types of organisation, relationship between values and organisation, preferences and determinants of individual behaviour, evolution and institutions, non-profit organisations, employee ownership, and economic systems and institutions.

Topics are as follows:

• Increasing Returns and Economic Organisation
• Heterogeneity in Economic Analysis
• A Review of the Literature of Inframarginal Analysis of Endogenous Network of Division of Labour
• Basic Models of Inframarginal Economics
• Perspective on Research Program
• Implication for Trade Theory and Globalisation
• Implications for Theory of Organisations and the Firms
• Property Rights, Insurance, and Endogenous Transaction Costs
• Theoretical Foundations of Inframarginal Economics
• Walrasian Sequential Equilibrium, Bounded Rationality, Entrepreneurial Discovery, and Social Experiments
• Inframarginal Analysis of Macroeconomic Phenomena, Money, Business Cycles, Unemployment, and Investment
• Implications for Political Economics, the Economics of the State, e-Commerce, and New Economy
• Empirical Evidence

Full details of the latest program are available on our web site at http://www.inframarginal.com/. For any inquiry, registration and catering requirement, please contact Ms Imelda Leung, Administrative Assistant of the Research Centre of Increasing Returns and Economic Organisation, Department of Economics, Monash University.

Tel: 61 - 3 - 99058596
Fax: 61 - 3 - 99055476

Email: imelda.leung@buseco.monash.edu.au

Catering*: $150 (Lunch, morning and afternoon tea included) * Price includes GST.

Formal Program Schedule

Inframarginal Economics Society www.inframarginal.com