Read Anywhere and on Any Device!

Subscribe to Read | $0.00

Join today and start reading your favorite books for Free!

Create Free Account

The Frontiers of the New Institutional Economics

0/5 ( ratings)

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

Language: English

Pages: 374

Format: Paperback

Release: February 20, 1997

ISBN 13: 9780122222405

The Frontiers of the New Institutional Economics

0/5 ( ratings)

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

Language: English

Pages: 374

Format: Paperback

Release: February 20, 1997

ISBN 13: 9780122222405

More books from John V.C. Nye

War, Wine, and Taxes: The Political Economy of Anglo-French Trade, 1689-1900

3.7/5 ( ratings)

Inequality: Facts and Values (Cato Unbound)

3.2/5 ( ratings)

Asian Development Review: Volume 28, Number 1, 2011

3.2/5 ( ratings)

Institutions, Innovation, and Industrialization: Essays in Economic History and Development

3.2/5 ( ratings)

Rate this book!

Write a review?