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Economics + institutions

Five ranked references. Rank 1 is the default spine, not a requirement to read all five.

1 | Intermediate Microeconomics: A Modern Approach

Hal R. Varian | Microeconomics spine | Undergraduate

Core choice, incentives, demand, production, markets, uncertainty, game theory, information, and welfare.

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2 | The Economy 2.0: Microeconomics

CORE Econ | Open economics spine | Undergraduate

Modern, empirically grounded and legally free microeconomics with institutions, power, inequality, markets, externalities, and policy.

Amazon search | Full open text

3 | Governing the Commons: The Evolution of Institutions for Collective Action

Elinor Ostrom | Institutional governance | Upper undergraduate / graduate

Foundational empirical theory of how groups can govern shared resources without reducing every problem to state-vs-market.

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4 | The Logic of Political Survival

Bruce Bueno de Mesquita, Alastair Smith, Randolph M. Siverson, James D. Morrow | Political incentives | Graduate / advanced undergraduate

A formal theory of political survival, selectorates, coalition size, public/private goods, and leader incentives.

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5 | Exit, Voice, and Loyalty

Albert O. Hirschman | Institutional response | Undergraduate / graduate

Small but powerful model of organizational decline and member responses: leave, protest, remain loyal, or combinations thereof.

Amazon search | No legal full text located

  • The Economy 2.0: Microeconomics: Full open text: open