Institutions and Economic Theory: The Contribution of the New Institutional Economics

Voorkant
University of Michigan Press, 22 okt 2010 - 150 pagina's

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.

 

Inhoudsopgave

1 Introductory Observations
1
2 Transaction Costs
47
Ownership of Physical Objects
79
4 Relative Property Rights Contractual Obligations
135
5 Contract Theory
199
General Remarks
291
7 The New Institutional Economics of the Market
313
8 The New Institutional Economics of the Firm
361
9 The New Institutional Economics of the State
471
10 Future Development of the New Institutional Economics
501
Glossary
555
References
571
Author Index
631
Subject Index
643
Copyright

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Over de auteur (2010)

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.

Bibliografische gegevens