The Journal of Institutional Economics

``The Journal of Institutional Economics is bringing together the best scholarship from all over the world on the study of institutions, the incentives they generate, and likely outcomes. I enthusiastically look forward to each issue.''
Professor Elinor Ostrom, University of Indiana, USA

EAEPE sponsors the Journal of Institutional Economics (JOIE), owned by the JOIE Foundation, http://www.joie-foundation.co.uk .
JOIE is devoted to the study of the nature, role and evolution of institutions in the economy, including firms, states, markets, money, households and other vital institutions and organizations. It welcomes contributions by all schools of thought that can contribute to our understanding of the features, development and functions of real world economic institutions and organizations.

JOIE accepts electronic submissions only. The Editor in Chief is Geoffrey Hodgson g.m.hodgson@herts.ac.uk to whom papers should be submitted. Authors should consult the JOIE Notes for Contributors and adhere to its guidelines.

JOIE is published by Cambridge University Press and the first issue appeared in June 2005.

Young researchers considering to submit a paper for the first time are advised to have a look at Geoff Hodgson's advice on how to get published.

Some Achievements

JOIE has accepted or published essays by leading authors in the field, including Cristiano Antonelli, Masahito Aoki, John B. Davis, Alexander Field, Werner Güth, Philip Mirowski, Francesco Parisi, Vernon W. Ruttan, John R. Searle, Mark Setterfield and Viktor Vanberg.

Publication in JOIE can bring substantial visibility for scholarship in this area. JOIE is widely available in its electronic version. One June 2005 article has already had over 1200 full text downloads. The hard copy circulation of the journal is over 500 and rapidly increasing.

A very fast but thorough reviewing process has been established. On average 30.2% papers have been rejected without being sent out to referees. Of the refereed papers (first submissions only), the editors' decision was communicated to authors within 50 days in 61.4% of all cases, and within 90 days in 95.7% of all cases. JOIE has served authors by providing a rapid decision in almost all cases. On average to date, only 15.9% of submissions are finally accepted. All others are rejected.