Frontiers of the New Institutional Economics

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9780122222405: Frontiers of the New Institutional Economics
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"This striking collection of essays by leading scholars ranges across continents and centuries in its rich and varied analysis of the connections between institutions and economic performance. It boldly expands the horizon of the new institutional economics to include not only the nature and durability of economic organization but its interaction with beliefs, culture, and human capacity for learning."
--JAMES ALT, Harvard University, Cambridge, Massachusetts
"This is one of those rare collections that is accurately titled. Virtually every paper here explores, deeply and originally, fundamental issues in institutional economics. It is an intellectual feast for political scientists, sociologists, and historians as well as for economists and economic historians."
--JOHN FEREJOHN, Hoover Institution, Stanford University, California
"For anyone interested in the New Institutional Economics and how it can inspire research in the social sciences, this collection represents the best point of departure imaginable. Above all, these studies reflect and symbolize Douglass North's most fundamental contribution, namely to show what happens when History and Economics interact in a fruitful way. The essays produce endless new research ideas in our continuing search for understanding economic change and the way society operates."
--JOEL MOKYR, Robert H. Strotz Professor of Arts and Sciences, Departments of Economics and History, Northwestern University, Evanston, Illinois

From the Publisher:

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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Drobak, John N.; Nye, John V.C.
Editorial: Academic Press (1997)
ISBN 10: 0122222407 ISBN 13: 9780122222405
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Drobak, John N.; Nye, John V.C.
Editorial: Academic Press (1997)
ISBN 10: 0122222407 ISBN 13: 9780122222405
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Descripción Academic Press, 1997. Paperback. Estado de conservación: New. book. Nº de ref. de la librería 0122222407

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Drobak, John N.; Nye, John V.C.
Editorial: Academic Press (1997)
ISBN 10: 0122222407 ISBN 13: 9780122222405
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Descripción Academic Press, 1997. Paperback. Estado de conservación: New. New item. Nº de ref. de la librería QX-133-70-7655107

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