THE NEXT GENERATION OF DISCOVERY:
RESEARCH AND POLICY CHANGE INSPIRED BY RONALD COASE
MARCH 27-28, 2015
HALL OF FLAGS, US CHAMBER OF COMMERCE BUILDING
1615 H STREET, NW WASHINGTON, DC, USA

Co-sponsored by the Ronald Coase Institute & The Center for International Private Enterprise
The conference celebrated the life and work of Ronald Coase, his insights into the conduct of economic research, and lessons for institutional reform. Coase challenged scholars and policy practitioners to examine real-world institutions, analyze alternative courses of action, and change the way we think about problems.

Speakers included Nobel laureates Kenneth Arrow and Oliver Williamson, distinguished senior scholars and practitioners, and young alumni of the Ronald Coase Institute. They discussed the impact of Coasean research on policies and development, shared field insights from China and other countries, and charted future directions for innovative, influential research.

Conference Videos

About Ronald Coase

Alexandra Benham: Memories of Ronald Coase
Lee Benham: Memories of Ronald Coase
Ning Wang: Memories of Ronald Coase
Oliver Williamson: Ronald Coase
Mary Shirley: Coase's views on the conduct of economics

Future Directions of Coasean Research

Kenneth Arrow: Future directions of research in the Coasean tradition
Sam Peltzman: Future directions of research in the Coasean tradition
Kenneth Arrow and Sam Peltzman: Q&A session
Tyler Cowen (chair), Kenneth Arrow, Lee Benham, Gary Libecap, Claude Menard, Sam Peltzman: How to encourage innovative and useful research in today's era of scarce finances, conflicting incentives, and new media (panel discussion)

Alumni Research

Sebastian Galiani: Policies and development: unintended consequences and unforeseen challenges
Jenny Guardado: Land tenure and insurgency: the case of Peru
Dominic Parker: Unintended consequences of regulation: conflict mineral regulation in the Democratic Republic of Congo
Dalibor Rohac: The credibility of policy reform: Egyptian commodity subsidies
Sebastian Galiani, Jenny Guardado, Dominic Parker, and Dalibor Rohac: Q&A session on alumni research
Meina Cai: The political economy of land taking compensation in China
Yang Yao: Population growth in China

Lessons from Research

Gary Libecap: Global environmental externalities, property rights, and public policy
John Nye: Matching theory to the real world: Coase and industrial organization

Texts of Conference Speeches

Kenneth Arrow: Future directions of research in the Coasean tradition (PDF file)
Oliver Williamson: Remembering Ronald Coase’s legacy (PDF file)
Mary Shirley: Ronald Coase's views on the conduct of economics

Journalists from China who covered the conference have published interviews in the Chinese press with Kenneth Arrow and Yang Yao.