Barry Weingast

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Barry Robert Weingast (born September 1, 1952 in Los Angeles ) is an American political scientist and economist . He has been with Stanford University since 1989, after having been at Washington University for eleven years . His research interests are in the New Political Economy and the explanation of political processes and institutions using rational choice approaches .

Career

Barry Weingast studied mathematics at the University of California, Santa Cruz until 1973 , where he earned a Bachelor of Arts . He then took up a graduate degree in economics at the California Institute of Technology . With his dissertation A Representative Legislature and Regulatory Agency Capture , completed in September 1977 , in which he examined legislative processes in legislative bodies, he was awarded a Ph.D. awarded.

As early as 1977 he had received a position as assistant professor at the Department of Economics at Washington University in St. Louis . In 1983 he became an Associate Professor of Economics and Political Economy there before his position was upgraded to a full professorship in 1986. In addition, Weingast was a visiting scholar at the Hoover Institution at Stanford University for almost one and a half years from 1986 to 1987 , where he subsequently became a fellow . In spring 1987 he was also visiting professor at Stanford University's graduate school, School of Business .

In September 1989, Barry Weingast moved completely to Stanford University, where he became a professor of economics. In the spring of 1990 he was visiting professor at the School of Business at the University of California, Berkeley . From April 1992 to 1996 he was a Fellow of the Institute for Policy Reform in Washington, DC From 1993 to 1994 he was also a Fellow of the Center for Advanced Study in the Behavioral Sciences at Stanford .

In September 1992, Weingast moved full-time to the Department of Political Science at Stanford University. From 1996 to 2001 he was its chairman, after having been deputy chairman of the department for a year from 1995. In 2002 he was a visiting scholar at the Law School of the University of Virginia , in 2007 at the Law School of the University of Southern California and in 2008 at Northwestern University . In 2004 he became a Fellow of the Stanford Center for International Development and Stanford Institute for International Studies . In 2015 he was visiting professor at the University of Auckland in New Zealand .

From 1998 to 2001, Weingast was also on the Board of Directors of the International Society for New Institutional Economics, which had only been founded the year before (since 2015: Society for Institutional & Organizational Economics ). From 2011 to 2012 he took over its management as president.

In 1996, Barry Weingast became a member of the American Academy of Arts and Sciences . He also became a member of the National Academy of Sciences in 2011 .

meaning

The Research Papers in Economics database lists Weingast among the top 2.5 percent of economists, taking into account various key figures, such as the number of papers and citations. His most frequently cited work is an article published in 1989, co- authored with the later Nobel Prize winner Douglass North , in which North and Weingast examine the constitutional arrangements and the emergence of institutions in England after the Glorious Revolution in the late 17th century.

With an article published in Public Choice in 1984, Weingast was the first author to apply the principal-agent theory to the relationship between the US Congress and public administration , triggering numerous follow-up articles.

Trivia

Because of the frequent collaboration between Mathew D. McCubbins , Roger Noll and Barry Weingast, the abbreviation "McNollgast" became well known for this team.

Web links

Individual evidence

  1. Top 10% Authors, as of November 2016 , from: ideas.repec.org, accessed on December 24, 2016.
  2. ^ Douglass North, Barry R. Weingast: Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England . In: The Journal of Economic History , Volume 49, No. 4, 1989, pp. 803-832.
  3. ^ Barry R. Weingast: The Congressional-Bureaucratic System: A Principal Agent Perspective (With Applications to the SEC) . In: Public Choice , Volume 44, No. 1, 1984, pp. 147–191.
  4. ^ Fabrizio Gilardi and Dietmar Braun: Delegation from the point of view of the principal-agent theory . In: Politische Vierteljahresschrift , Volume 43, No. 1, 2002, p. 150.
  5. cf. McNollgast on Stanford University's website, accessed December 24, 2016.