Advanced Introduction to New Institutional Economics

Advanced Introduction to New Institutional Economics PDF

Author: Ménard, Claude

Publisher: Edward Elgar Publishing

Published: 2022-01-14

Total Pages: 200

ISBN-13: 1789904498

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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?

New Institutional Economics

New Institutional Economics PDF

Author: Éric Brousseau

Publisher: Cambridge University Press

Published: 2008-09-04

Total Pages: 608

ISBN-13: 1139474383

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Institutions frame behaviors and exchanges in markets, business networks, communities, and organizations throughout the world. Thanks to the pioneering work of Ronald Coase, Douglas North and Olivier Williamson, institutions are now recognized as being a key factor in explaining differences in performance between industries, nations, and regions. The fast-growing field of new institutional economics analyzes the economics of institutions and organizations using methodologies, concepts, and analytical tools from a wide range of disciplines (including political science, anthropology, sociology, management, law, and economics). With contributions from an international team of researchers, New Institutional Economics provides theoreticians, practitioners, and advanced students in economics and social sciences with a guide to the many recent developments in the field. It explains the underlying methodologies, identifies issues and questions for future research, and shows how results apply to decision making in law, economic policy, management, regulation and institutional design.

A Research Agenda for New Institutional Economics

A Research Agenda for New Institutional Economics PDF

Author: Claude Ménard

Publisher: Edward Elgar Publishing

Published: 2018-12-28

Total Pages: 304

ISBN-13: 1788112512

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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.

Advanced Introduction to Platform Economics

Advanced Introduction to Platform Economics PDF

Author: Robin Mansell

Publisher: Edward Elgar Publishing

Published: 2020-08-28

Total Pages: 176

ISBN-13: 1789900611

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Artificial intelligence-enabled digital platforms collect and process data from and about users. These companies are largely self-regulating in Western countries. How do economic theories explain the rise of a very few dominant platforms? Mansell and Steinmueller compare and contrast neoclassical, institutional and critical political economy explanations. They show how these perspectives can lead to contrasting claims about platform benefits and harms. Uneven power relationships between platform operators and their users are treated differently in these economic traditions. Sometimes leading to advocacy for regulation or for public provision of digital services. Sometimes indicating restraint and precaution. The authors challenge the reader to think beyond the inevitability of platform dominance to create new visions of how platforms might operate in the future.

Handbook of New Institutional Economics

Handbook of New Institutional Economics PDF

Author: Claude Ménard

Publisher: Springer Science & Business Media

Published: 2008-06-27

Total Pages: 875

ISBN-13: 354069305X

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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 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.

Understanding the Blockchain Economy

Understanding the Blockchain Economy PDF

Author: Chris Berg

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 253

ISBN-13: 1788975006

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Blockchains are the distributed ledger technology that powers Bitcoin and other cryptocurrencies. But blockchains can be used for more than the transfer of tokens – they are a significant new economic infrastructure. This book offers the first scholarly analysis of the economic nature of blockchains and the shape of the blockchain economy. By applying the institutional economics of Ronald Coase and Oliver Williamson, this book shows how blockchains are poised to reshape the nature of firms, governments, markets, and civil society.

Institutional Economics

Institutional Economics PDF

Author: Stefan Voigt

Publisher: Cambridge University Press

Published: 2019-04-11

Total Pages: 311

ISBN-13: 1108473245

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A concise and clear introduction to the new institutional economics that summarizes current knowledge whilst addressing its gaps and weaknesses.

Institutional Economics

Institutional Economics PDF

Author: Wolfgang Kasper

Publisher: Edward Elgar Publishing

Published: 2012-01-01

Total Pages: 609

ISBN-13: 1781006636

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This thoroughly revised, extended and updated edition of a critically acclaimed textbook provides an accessible and cohesive introduction to the burgeoning discipline of institutional economics. Requiring only a basic understanding of economics, this lucid and well-written text will be essential reading for undergraduate and postgraduate students wanting to understand the problems of the real world Ð such as entrepreneurship, innovation, the cost of the welfare state, international financial crises, and economic development. As institutional economics is now revolutionising policy making, the book can also serve as a guide to the pressing problems facing policy makers in mature and emergent countries alike. Key features include: ¥ A short ÔPrimerÕ at the beginning of each chapter to highlight the main issues and their relevance. ¥ Key Concepts such as ÔinstitutionsÕ, Ôeconomic orderÕ, Ôcoordination costsÕ, ÔcompetitionÕ and Ôpublic policyÕ are highlighted and clearly defined. ¥ International coverage is ensured as the three authors, experienced academic teachers, work in the US, Europe and the Asia Pacific.

Institutions and Economic Theory

Institutions and Economic Theory PDF

Author: Eirik Grundtvig Furubotn

Publisher: University of Michigan Press

Published: 2000

Total Pages: 576

ISBN-13: 9780472086801

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

The Frontiers of the New Institutional Economics

The Frontiers of the New Institutional Economics PDF

Author: John N. Drobak

Publisher: Emerald Group Pub Limited

Published: 1997

Total Pages: 374

ISBN-13: 9780122222405

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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