• Economics of Innovation

Core readings
Dosi G. (1982), ‘Technological Paradigms and Technological Trajectories. A Suggested Interpretation of the Determinants and Directions of Technical Change’, Research Policy
Dosi G. and R.R. Nelson (2010), “Technical Change and Industrial Dynamics as Evolutionary Processes, In B.H. Hall and N. Rosenberg: Handbook of the Economics of Innovation- Vol-I, Burlington: Academic Press, pp. 51-128
Pavitt K. (1984), ‘Patterns of Technical Change: Toward a Taxonomy and a Theory’, Research Policy

Background readings
Nelson R., Winter S. (1982), An Evolutionary Theory of Economic Change, Harvard Univ. Press, Part I-III (ch. 1-7)
Dosi G. (2007), Statistical Regularities in the Evolution of Industries. A Guide through some Evidence and Challenges for the Theory, in F. Malerba and S. Brusoni (eds.) Perspectives on Innovation, Cambridge U.P.
Dosi G., O. Marsili, L. Orsenigo, R. Salvatore (1995), ‘Learning, Market Selection and The Evolution of Industrial Structures’, Small Business Economics
Freeman C., Soete L. The Economics Industrial Innovation, Routledge; 3 Reprint edition (June 3, 2012)

• Economics of Information

-Mandatory readings
Arrow (1996) ‘Technical Information and Industrial Structure’, Industrial and Corporate
Change 5(2), pp. 645–652.
Rasmusen (2007) Games and Information: an introduction to game theory, 4th edition, Blackwell
Publishing [Section 2.2, 2.3, 7.1, 7.2, 7.3, 9.1, 9.2].
Shapiro and Stiglitz (1984) ‘Equilibrium Unemployment as a Worker Discipline Device’,
American Economic Review 74(3), pp. 433–444.
Stiglitz (2000) ‘The Contributions of the Economics of Information to Twentieth Century
Economics’, Quarterly Journal of Economics 115(4), pp. 1441–1478.

-Optional readings
Arrow (1974) ‘Limited Knowledge and Economic Analysis’, American Economic Review
64(1), pp. 1–10.
Arrow (1994) ‘Information and the organization of industry’, Rivista internazionale di scienze
sociali 52, pp. 111–124.
Atkinson and Stiglitz (1969) ‘A New View of Technological Change’, Economic Journal
79(315), pp. 573–578.
Dasgupta and Stiglitz (1980) ‘Industrial Structure and the Nature of Innovative Activity’,
Economic Journal 90(358), pp. 266–293.
Dosi and Virgillito (2016) The Schumpeterian and the Keynesian Stiglitz: Learning, Coordination
Hurdles and Growth Trajectories, LEM Working Paper Series n. 2016/20.
Greenwald and Stiglitz (1986) ‘Externalities in Economies with Imperfect Information
and Incomplete Markets’, Quarterly Journal of Economics 101(2), pp. 229–264.
Greenwald and Stiglitz (1987) ‘Imperfect information, credit markets and unemployment’,
European Economic Review 31(1-2), pp. 444–456.
Hayek (1945) ‘The Use of Knowledge in Society’, American Economic Review 35(4),
pp. 519–530.
Radner and Stiglitz (1984) ‘A Non-Convexity in the Value of Information’, in Boyer and
Kihlstrom, eds. Bayesian Models in Economic Theory: Studies in Bayesian Econometrics,
Vol. 5, Elsevier Science.
Stiglitz andWeiss (1981) ‘Credit Rationing in Markets with Imperfect Information’,
American Economic Review 71(3), pp. 393–410.
Stiglitz andWeiss (1983) ‘Alternative Approaches to Analyzing Markets with Asymmetric
Information: Reply’, American Economic Review 73(1), pp. 246–249.
Stiglitz andWeiss (1992) ‘Asymmetric Information in Credit Markets and Its Implications
for Macro-Economics’, Oxford Economic Papers 44(4), pp. 694–724.

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