This paper analyses the organisation of coordination between generation and transmission in a liberalized power system. We rely on a modular analysis framework in order to split in distinct modules the coordination mechanisms. In a logic of institutional complementarities, the governance...

Our article presents the dynamics of the work of North between 1990 and 2005. We show that, taking into account bounded rationality and ideologies, his last work introduces cognition into the institutional analysis and opens a new research agenda aiming to better determining the behaviour of the...

In Welfare Economics natural monopoly and price theory have been given as the relevant framework for analyzing network industries. New Institutional Economics and the experiment in reforming these industries suggest that contracting for being served is the critical point. Contractual...