This volume collects 22 articles by Masahiko Aoki, selected from writings published over the course of his 45-year academic career. These fascinating essays cover a range of issues, including mechanism design, comparative governance, corporate governance, institutions and institutional change,...

This paper analyzes the causes, responses, and consequences of the Fukushima nuclear power plant accident (March 2011) by comparing these with Three Mile Island (March 1979) and Chernobyl (April 1986). We identify three generic modes of organizational coordination: modular, vertical, and...

1 Seven Intellectual Ventures -- 2 Student Movement -- 3 Three of My Seniors -- 4 “Reiji Himeoka” -- 5 Nouvelle Vague -- 6 From Whence My DNA -- 7 Childhood -- 8 Middle School Years -- 9 High School Years -- 10 Sugamo Prison and Anti-Security Treaty Struggle -- 11 Dissolution of the Bund --...

In Brazil construction began in 1971 on Angra 1, a 626 MW Westinghouse pressurized water reactor (PWR). It was completed in 1984. Later, Angra 2 (a Kraftwerk Union PWR) achieved commercial operation in 2000. Brazil is considering the construction of seven nuclear power plants over the next 15...

Combining theoretical work with careful historical description and analysis of new data sources, History Matters makes a strong case for a more historical approach to economics, both by argument and by example. Seventeen original essays, written by distinguished economists and economic...

This paper examines the cost structure of fabricating light water reactor (LWR) fuel with low-enriched uranium (LEU, with less than 5% enrichment). The LWR-LEU fuel industry is decades old, and (except for the high entry cost of designing and licensing a fuel fabrication facility and its fuel),...

State public utility commissions in the United States have implemented incentive regulations to promote the operating efficiency of nuclear power plants. This paper surveys these incentive programs, focusing on the perfomance-based pricing approach. Our findings suggest that the...