Ben Klein’s Contributions to Law and Economics | Organizations and Markets

Ben Klein’s Contributions to Law and Economics

14 June 2008 at 2:43 pm Peter G. Klein Leave a comment

| Peter Klein |

Josh Wright has written a nice piece on Benjamin Klein for Josh’s forthcoming volume with Lloyd Cohen, Pioneers of Law and Economics. Klein’s 1978 paper with Armen Alchian and Robert Crawford and his 1981 paper with Keith Leffler are of course part of the organizational economics canon. His ongoing debate with Ronald Coase on the GM-Fisher Body case has helped clarify important issues on the role of asset specificity in vertical integration.

Trivia: Klein and Walter Block were college roommates at Columbia. Walter tells me they even went together to Ayn Rand’s apartment once during Walter’s Randian phase.

Entry filed under: - Klein -, People, Theory of the Firm.

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Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).

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