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Author : Eirik Grundtvig Furubotn,Rudolf Richter
Publisher : University of Michigan Press
Page : 576 pages
File Size : 53,9 Mb
Release : 2000
Category : Business & Economics
ISBN : 0472086804
A comprehensive introduction to and critical assessment of the theory and applications of the New Institutional Economics.
Author : Eirik G. Furubotn,Rudolf Richter
Publisher : University of Michigan Press
Page : 676 pages
File Size : 41,5 Mb
Release : 2005-10-21
Category : Business & Economics
ISBN : 0472030256
This second edition assesses some of the major refinements, extensions, and useful applications that have developed in neoinstitutionalist thought in recent years. More attention is given to the overlap between the New Institutional Economics and developments in economic history and political science. In addition to updated references, new material includes analysis of parallel developments in the field of economic sociology and its attacks on representatives of the NIE as well as an explanation of the institution-as-an-equilibrium-of-game approach. Already an international best seller, Institutions and Economic Theory is essential reading for economists and students attracted to the NIE approach. Scholars from such disciplines as political science, sociology, and law will find the work useful as the NIE continues to gain wide academic acceptance. A useful glossary for students is included. Eirik Furubotn is Honorary Professor of Economics, Co-Director of the Center for New Institutional Economics, University of Saarland, Germany and Research Fellow, Private Enterprise Research Center, Texas A&M University. Rudolph Richter is Professor Emeritus of Economics and Director of the Center for New Institutional Economics, University of Saarland, Germany.
Author : Eirik G. Furubotn,Rudolf Richter
Publisher : University of Michigan Press
Page : 673 pages
File Size : 50,9 Mb
Release : 2005-10-21
Category : Business & Economics
ISBN : 9780472030255
This second edition assesses some of the major refinements, extensions, and useful applications that have developed in neoinstitutionalist thought in recent years. More attention is given to the overlap between the New Institutional Economics and developments in economic history and political science. In addition to updated references, new material includes analysis of parallel developments in the field of economic sociology and its attacks on representatives of the NIE as well as an explanation of the institution-as-an-equilibrium-of-game approach. Already an international best seller, Institutions and Economic Theory is essential reading for economists and students attracted to the NIE approach. Scholars from such disciplines as political science, sociology, and law will find the work useful as the NIE continues to gain wide academic acceptance. A useful glossary for students is included. Eirik Furubotn is Honorary Professor of Economics, Co-Director of the Center for New Institutional Economics, University of Saarland, Germany and Research Fellow, Private Enterprise Research Center, Texas A&M University. Rudolph Richter is Professor Emeritus of Economics and Director of the Center for New Institutional Economics, University of Saarland, Germany.
Author : Douglass C. North
Publisher : Cambridge University Press
Page : 164 pages
File Size : 40,5 Mb
Release : 1990-10-26
Category : Political Science
ISBN : 0521397340
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
Author : Eirik Grundtvig Furubotn,Rudolf Richter
Publisher : Mohr Siebeck
Page : 394 pages
File Size : 55,6 Mb
Release : 1991
Category : Business & Economics
ISBN : 3161457641
Author : Uskali Mäki,Bo Gustafsson,Christian Knudsen
Publisher : Psychology Press
Page : 332 pages
File Size : 47,8 Mb
Release : 1993
Category : Business & Economics
ISBN : 0415092086
First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.
Author : Charles J. Whalen
Publisher : Routledge
Page : 316 pages
File Size : 42,5 Mb
Release : 2021-10-28
Category : Business & Economics
ISBN : 9781000462999
Institutional economics is a sociocultural discipline and policy science which draws on the idea that economies are best understood through an appreciation of history, real-world institutions, and socioeconomic interrelations. This book brings together leading institutionalists to examine the tradition’s most essential perspectives and methods. The contributors to the book draw on a broad range of institutional thought from the classic work of Thorstein Veblen, John R. Commons, and Karl Polanyi, to the newer viewpoints of post-Keynesian institutionalism, feminist institutionalism, and environmental institutionalism. Methods range from frameworks used to analyze public policy and institutional change, to modes of analysis including myth busting, historically grounded narratives, and computer-based simulations. Each chapter surveys the origins, development, key features, applications, and frontiers of a particular viewpoint, framework, or mode of analysis. Due consideration is given to both strengths and weaknesses; and woven into the chapters is attention to core institutionalist concepts, including technology, institutions, culture, and complexity. The book provides economists with promising starting points for new research, students with contributions refreshingly in touch with the real world, and policymakers and social scientists with compelling reasons for engaging further with the institutionalist tradition.
Author : Andrew Schotter
Publisher : Cambridge University Press
Page : 0 pages
File Size : 41,7 Mb
Release : 2008-06-26
Category : Business & Economics
ISBN : 0521067138
This book uses game theory to analyse the creation, evolution and function of economic and social institutions. The author illustrates his analysis by describing the organic or unplanned evolution of institutions such as the conventions of war, the use of money, property rights and oligopolistic pricing conventions. Professor Schotter begins by linking his work with the ideas of the philosophers Rawls, Nozick and Lewis. Institutions are regarded as regularities in the behaviour of social agents, which the agents themselves tacitly create to solve a wide variety of recurrent problems. The repetitive nature of the problems permits them to be described as a recurrent game or 'supergame.' The agents use these regularities as informational devices to supplement the information contained in competitive prices. The final chapter explores the applicability of this theory, first by relating it to previous work on the theory of teams, hierarchies, and non-maximizing decision theory, and then by using it to provide a new approach to a variety of questions both within and outside economics.
Author : Bernard Chavance
Publisher : Routledge
Page : 111 pages
File Size : 45,5 Mb
Release : 2008-09-02
Category : Business & Economics
ISBN : 9781134059881
This introduction to institutional economics, follows the history of the field since the early 20th century until the present day. It concentrates on influential authors in the main schools of institutional economics. Institutional economics is defined as economic thought that considers institutions to be relevant for economic theory, and consequently criticizes the neoclassical mainstream for having pushed them out of the discipline; it deals specially with the nature, the origin, the change of institutions, and their effects on economic performance. It is a family of different theories that were initially influential in economics, then lost much of their weight in the middle half of the 20th century, and eventually recovered significant creative vitality and impact in the last twenty years. The book puts the recent developments in historical perspective by showing how important themes like the importance of habits, the role of formal and informal rules, the relation of organizations and institutions, the hierarchy and complementarity of institutions, the evolutionary character of institutional change, have been explored by various authors or schools.
Author : Heinrich Bortis
Publisher : Cambridge University Press
Page : 467 pages
File Size : 49,8 Mb
Release : 1997
Category : Business & Economics
ISBN : 9780521570558
This book is about the conceptual foundations of an intermediate way between liberalism and socialism. From a standpoint of economic theory, this middle way is conceived of as a synthesis of classical (Ricardian) and Keynesian political economy. While the former deals with proportions between individuals or collectives and society in tackling the problems of distribution and value on the basis of the surplus principle, the latter is concerned with the scale of economic activity as explained by the principle of effective demand. Political economy pictures the economic aspects of the functioning of the institutional system within which the behaviour of individuals is embedded. The economy considered is, primarily, neither a market nor a planned economy, but, rather, a monetary production economy. To establish an alternative to liberalism and socialism requires setting up a system of the social sciences. In this work suggestions are made for linking political economy with other social sciences, i.e. sociology, law and politics in the traditional sense, thus establishing the unity of the social sciences. In a Keynesian vein, the social sciences are conceived of as moral sciences, a view which gives rise to a specific philosophy of history. To complete the picture, issues of method associated with the theory of knowledge in the social sciences and the problem of linking theory with historical reality are also covered.
Author : Karl William Kapp
Publisher : Routledge
Page : 300 pages
File Size : 40,9 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780415586559
K. William Kapp was one of the leading 20 th century institutionalists and a founding member of the Association for Evolutionary Economics. This book was developed by Kapp and is his attempt to present the foundations of institutional economics though has remained unfinished and unpublished during the last 30 years since his death. Carefully edited with additional material from some of Kapp' s other major works and with a full introduction from Sebasitan Berger and Rolf Steppacher, this book represents a major reappraisal of Kapp' s contribution ...
Author : Marc R. Tool
Publisher : Springer Science & Business Media
Page : 234 pages
File Size : 49,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401139984
J. Fagg Foster (1907-1985) was one of the most significant creators of institutionalist economic theory in the twentieth century. He wrote and taught in the American intellectual tradition of Thorstein Weblen, John R. Commons, John Dewey and Clarence E. Ayres. This tradition shares purpose and philosophy with the European contributors, Gunnar Myrdal and K. William Kapp. Because little of Foster's scholarly work was formally published, professional knowledge of his extraordinary contribution is quite limited beyond the circle of his students and colleagues. Value Theory and Economic Progress attempts to correct that deficiency by providing an extended characterization of this missing and crucial component of the development of American heterodox economic thought. Its purpose is to demonstrate the timely relevance and significance of this model of inquiry in political economy. In addition, this volume explains that contemporary problem solving means changing `what is' into `what ought to be' through institutional adjustments; such a demonstration is at the heart of Foster's contribution to institutional thought.
Author : Marc R. Tool
Publisher : Springer Science & Business Media
Page : 364 pages
File Size : 41,8 Mb
Release : 2007-07-27
Category : Business & Economics
ISBN : 9780585296043
The volume appraises, refines, and extends the institutionalist's evolutionary theory of political economy in six different areas of inquiry: (a) the provision of a fresh and comparative overview of institutional economics in general; (b) the presentation and refinement of pragmatic methods of inquiry; (c) the exploration of extensions and clarifications of instrumental value theory; (d) the distillation of an emergent institutionalist theory of labor markets; (e) the explication of a culture-based theory of economic development; and (f) the formulation of an analytical design that provides direction for institutional policy making. Institutional Economics: Theory, Method, Policy appears at an especially opportune time, when there is widespread and accumulating analytical dissatisfaction with received economic doctrine. The traditional neoclassical and Marxist views of how to explain, order, and operate a political economy are now in question throughout the world. Appeals are being made for more relevant and pragmatic, less doctrinaire and dogmatic, approaches to economic inquiry and problem solving. This volume provides fresh theoretical underpinnings for such problem solving efforts.
Author : Geoffrey Martin Hodgson
Publisher : Edward Elgar Publishing
Page : 646 pages
File Size : 52,7 Mb
Release : 1993
Category : Business & Economics
ISBN : UOM:39015040336680
A collection of key essays in the field of both new and old institutional economics. The text includes 26 articles dating from 1932-1993, and topics covered include institutional change and economic growth.
Author : Richard N. Langlois,Paul L. Robertson
Publisher : Routledge
Page : 364 pages
File Size : 50,6 Mb
Release : 1995-07-06
Category : Business & Economics
ISBN : 9781134804962
Traditonal western forms of corporate organization have been called into question by the success of Japanese keiretsu. Firms, Markets and Economic Change draws on industrial economics, business strategy, and economic history to develop an evolutionary model to show when innovation is best undertaken. The authors argue that innovation is a complex p
