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Economic History

  1. The Role of Institutions in the Revival of Trade: The Medieval Law Merchant (with Douglass North and Barry Weingast), Economics and Politics, 2, March 1990, 1-23.
    • Reprinted in Trade in the Pre-Modern Period: 1400-1700, edited by Douglas Irwin, London: Edward Elgar Publishing, 1996.
    • Reprinted in Reputation: Studies in the Voluntary Elicitation of Good Conduct, edited by Daniel B. Klein. Ann Arbor, University of Michigan Press, 1997.
    • Reprinted in The Political Economy of Institutions, edited by Claude Ménard, London, Edward Elgar Publishing, 2004.
    • Reprinted in International Institutions in the New Global Economy, edited by Lisa L Martin, London, Edward Elgar Publishing, 2005.
    • Reprinted in Anarchy and the Law, edited by Edward Stringham, New Brunswick, New Jersey: Transaction Publishers, 2006.
    • Reprinted in Social Norms, Non-Legal Sanctions, and the Law, edited by Eric A Posner, London, Edward Elgar Publishing, 2007.
  2. Coordination, Commitment and Enforcement: The Case of the Merchant Guild (with Avner Greif and Barry Weingast), Journal of Political Economy, 102(3), August 1994, 745-776.
    • Reprinted in Explaining Social Institutions, edited by Jack Knight and Itai Sened, Ann Arbor: University of Michigan Press, 1995.
    • Reprinted in Trust, edited by Elias Khalil, London: Edward Elgar Publishing, 2002.
    • Reprinted in The Foundations Library of the New Institutional Economics, edited by Claude Ménard, London, Edward Elgar Publishing, 2005.
    • Reprinted in Social Norms, Non-legal Sanctions, and the Law, edited by Eric Posner, London, Edward Elgar Publishing, 2007.
    • Reprinted in Customary Law and Economics, edited by Lisa Bernstein and Francesco Parisi, London, Edward Elgar Publishing, 2014.

Latest News

May 1 2018
Paul Milgrom today was welcomed as the new chair of the economics section of the National Academy of Sciences. The Academy was created by President Abraham Lincoln to advise the United States on scientific matters. At its annual meeting, which ended yesterday, Paul was also a co-recipient of the...
Apr 16 2018
The $20 billion incentive auction was a complicated beast, and its auction design and implementation have rightly been celebrated, but they were just part of the successful spectrum reallocation process. The operations research and analytical pieces were crucial as well, and the key people included...
Apr 2 2018
The Stanford Institute for Economic Policy Research (SIEPR) has released a new article about Paul here, and Stanford's GSB has another article here about Paul and his co-winners of the Carty Prize from the National Academy of Sciences.