The Frontiers of the New Institutional Economics

Released on by John N. Drobak
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  • The Frontiers of the New Institutional Economics Book Detail

  • Author : John N. Drobak
  • Release Date : 1997
  • Publisher : Emerald Group Pub Limited
  • Genre : Business & Economics
  • Pages : 374
  • ISBN 13 : 9780122222405
  • File Size : 91,91 MB
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The Frontiers of the New Institutional Economics by John N. Drobak PDF Summary

Book Description: 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

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

Handbook of New Institutional Economics

Handbook of New Institutional Economics

File Size : 80,80 MB
Total View : 5055 Views
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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 ov