The Frontiers Of The New Institutional Economics

Author : John N. Drobak,John V. C. Nye
Publisher : Emerald Group Pub Limited
Page : 374 pages
File Size : 41,5 Mb
Release : 1997
Category : Business & Economics
ISBN : 0122222407

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The Frontiers of the New Institutional Economics by John N. Drobak,John V. C. Nye Pdf

The New Institutional Economics incorporates a theory of institutions into economics. It builds upon the fundamental assumptions of scarcity and competition but abandons institutional rationality. Consequently, NIE assumes that individuals make choices based on incomplete information and limited mental capacity, forming institutions to reduce uncertainty in human exchange. These insights have implications for technological change, property rights, and public choice. The Frontiers of the New Institutional Economics presents new essays written specifically for this volume. These essays Provide an introduction to the nature and practice of the New Institutional Economics, with a special emphasis on economic history and political economy. Among the contributors are Nobel Prize winners Douglass North and Robert Fogel. Key Features * Contains essays by Nobel Prize winners Douglass North and Robert Fogel * Presents a field of economics useful to students of political science and sociology. * Applicable to studies of technological change, property rights, and public choice

Author : Claude Ménard,Mary M. Shirley
Publisher : Edward Elgar Publishing
Page : 304 pages
File Size : 49,5 Mb
Release : 2018-12-28
Category : Business & Economics
ISBN : 9781788112512

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A Research Agenda for New Institutional Economics by Claude Ménard,Mary M. Shirley Pdf

Consisting of 30 concise chapters written by top scholars, this Research Agenda probes the knowledge frontiers of issues long at the forefront of New Institutional Economics (NIE), including government, contracts and property rights. It examines pressing research questions surrounding norms, culture, and beliefs. It is designed to inform and inspire students and those starting their careers in economics, law and political science. Well-established scholars will also find the book invaluable in updating their understanding of crucial research questions and seeking new areas to explore.

Author : Johann Graf Lambsdorff,Markus Taube,Matthias Schramm
Publisher : Routledge
Page : 272 pages
File Size : 51,6 Mb
Release : 2004-09-16
Category : Business & Economics
ISBN : 9781134316717

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The New Institutional Economics of Corruption by Johann Graf Lambsdorff,Markus Taube,Matthias Schramm Pdf

This book constitutes a thorough analysis of the phenomenon of corruption, as seen from the perspective of New Institutional Economics - one of the most influential new schools of thought in the social sciences of the past decade.

Author : Eirik Grundtvig Furubotn,Rudolf Richter
Publisher : University of Michigan Press
Page : 576 pages
File Size : 48,8 Mb
Release : 2000
Category : Business & Economics
ISBN : 0472086804

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Institutions and Economic Theory by Eirik Grundtvig Furubotn,Rudolf Richter Pdf

A comprehensive introduction to and critical assessment of the theory and applications of the New Institutional Economics.

Author : Claude Ménard,Mary M. Shirley
Publisher : Springer Science & Business Media
Page : 875 pages
File Size : 46,7 Mb
Release : 2008-06-27
Category : Business & Economics
ISBN : 9783540693055

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Handbook of New Institutional Economics by Claude Ménard,Mary M. Shirley Pdf

New Institutional Economics (NIE) has skyrocketed in scope and influence over the last three decades. This first Handbook of NIE provides a unique and timely overview of recent developments and broad orientations. Contributions analyse the domain and perspectives of NIE; sections on legal institutions, political institutions, transaction cost economics, governance, contracting, institutional change, and more capture NIE's interdisciplinary nature. This Handbook will be of interest to economists, political scientists, legal scholars, management specialists, sociologists, and others wishing to learn more about this important subject and gain insight into progress made by institutionalists from other disciplines. This compendium of analyses by some of the foremost NIE specialists, including Ronald Coase, Douglass North, Elinor Ostrom, and Oliver Williamson, gives students and new researchers an introduction to the topic and offers established scholars a reference book for their research.

Author : Eirik G. Furubotn,Rudolf Richter
Publisher : University of Michigan Press
Page : 673 pages
File Size : 42,6 Mb
Release : 2005-10-21
Category : Business & Economics
ISBN : 9780472030255

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Institutions and Economic Theory by Eirik G. Furubotn,Rudolf Richter Pdf

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 : Unknown
Page : 128 pages
File Size : 50,7 Mb
Release : 1993
Category : Electronic
ISBN : OCLC:79074668

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The New Institutional Economics by Eirik G Furubotn,Rudolf Richter Pdf

Author : Ménard, Claude,Shirley, Mary M.
Publisher : Edward Elgar Publishing
Page : 200 pages
File Size : 50,8 Mb
Release : 2022-01-14
Category : Business & Economics
ISBN : 9781789904499

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Advanced Introduction to New Institutional Economics by Ménard, Claude,Shirley, Mary M. Pdf

New institutional economics (NIE) is a powerful tool for understanding real world phenomena. This Advanced Introduction explores NIE’s answers to fundamental questions about the organization, growth and development of economies, such as why are some countries rich and others poor? Why are activities organized as firms or markets or through alternative organizational solutions? When are shared resources overexploited?

Author : Bernard Chavance
Publisher : Routledge
Page : 111 pages
File Size : 51,9 Mb
Release : 2008-09-02
Category : Business & Economics
ISBN : 9781134059881

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Institutional Economics by Bernard Chavance Pdf

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 : Eirik Grundtvig Furubotn,Rudolf Richter
Publisher : Mohr Siebeck
Page : 394 pages
File Size : 44,6 Mb
Release : 1991
Category : Business & Economics
ISBN : 3161457641

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The New Institutional Economics by Eirik Grundtvig Furubotn,Rudolf Richter Pdf

Author : Charles J. Whalen
Publisher : Routledge
Page : 316 pages
File Size : 46,7 Mb
Release : 2021-10-28
Category : Business & Economics
ISBN : 9781000462999

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Institutional Economics by Charles J. Whalen Pdf

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 : Karl William Kapp
Publisher : Routledge
Page : 300 pages
File Size : 41,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780415586559

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The Foundations of Institutional Economics by Karl William Kapp Pdf

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 : Klaus F. Zimmermann
Publisher : Springer Science & Business Media
Page : 489 pages
File Size : 54,5 Mb
Release : 2013-03-20
Category : Business & Economics
ISBN : 9783540247395

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Frontiers in Economics by Klaus F. Zimmermann Pdf

Economic Theory, academic policy analysis and public policy design are becoming more interdependent. Hence, the demands for close interactions between the policy community and the research community have been rising significantly. This book assesses how recent economic thinking has advanced under these influences. Furthermore, it evaluates the important contribution economics can add to the design and evaluation of public policy, now more than ever before. The study is of interest to policy makers, policy analysts, researchers and students of economics at all levels. The authors, which include many of Germany's most eminent economists, draw on their wide experience in research and consultancy to present a coherent view of where European economic theory stands today and how it can play a role in the management of the economy of the new millennium.

Author : Young Back Choi
Publisher : Routledge
Page : 265 pages
File Size : 42,7 Mb
Release : 2011-07-29
Category : Business & Economics
ISBN : 9781136648830

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Institutional Economics and National Competitiveness by Young Back Choi Pdf

This book offers a strong contribution to the growing field of institutional economics, going beyond the question of why institutions matter and examines the ways in which different types of institutions are conducive to the enhancement of competitiveness and economic development. Adopting a variety of approaches, ranging from New Institutional Economics, Public Choice, Constitutional Political Economy and Austrian Economics, to more traditional economic approaches, contributors examine the important issues of interest to development economics. This book asks whether democracy is a pre-condition for economic development, what the proper role of government is in the age of globalization and whether successful government led policies were the cause of South Korea’s economic development. As well as these key questions, the book covers the issues of whether the government should rely on the market process to encourage economic development or must they interfere, and by what criteria one can judge a proposal for policies for economic prosperity. The book tries to make a contribution by introducing a variety of perspective, some argue in favour of industrial policies while others argue for a lesser role for the government and a greater entrepreneurial freedom. Some question the wisdom of promoting democracy as a necessary condition for economic development while others argue that political liberalization is the basis of lasting competitive edge of an economy. The book should be of great interest to students and researchers in need of a multi-perspective collection covering several approaches to the issues of institutional economics and national competition.

Author : Piet de Vries
Publisher : Taylor & Francis
Page : 418 pages
File Size : 51,8 Mb
Release : 2023-08-04
Category : Business & Economics
ISBN : 9781317653639

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New Institutional Economics as Situational Logic by Piet de Vries Pdf

Drawing on phenomenological and realist approaches, this book surveys the theoretical evolution of new institutional economics. For all its popularity and explanatory power, new institutional economics is not a homogenous field but encompasses a range of different theoretical approaches starting from Coase and the introduction of transaction costs. In particular, the concept of rationality is a rich source of dispute leading to a bifurcation between ‘insider’ and ‘outsider’ perspectives. The insider view refers to studying conscious human beings – the economic actor – who seek their self-interest and find themselves in their mundane situation. The self-interest of the economic actor bestows him with logic. It makes the logic of the situation the method of economics, as Karl Popper establishes. Thus, the book argues for the positioning of new institutional economics as situational logic, that is, an economic theory that formulates and studies single-exit situations that face the economic actor. Ultimately, this book presents a critical appraisal of new institutional economics theories based on a substantiated methodological perspective that effectively navigates the theorist between realism and rigor. This book will be of interest to readers of new institutional economics, economic theory, and the philosophy of economics and social sciences.