What activities does the organization engage in? How is the organization structured? How are members motivated to work on behalf of the organization? We will consider these questions by primarily relying on economic analysis but also take up some of the issues from the vantage of other social sciences.
The Economics Nobel Committee made a good and sound choice for this year's prize. If you went to graduate school in Economics, you would study his work in some depth, such as this text co-authored with Muelbauer.