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Advanced Introduction to New Institutional Economics (Hardcover)
Loot Price: R2,463
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Advanced Introduction to New Institutional Economics (Hardcover)
Series: Elgar Advanced Introductions series
Expected to ship within 12 - 17 working days
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Elgar Advanced Introductions are stimulating and thoughtful
introductions to major fields in the social sciences, business and
law, expertly written by the world'AEos leading scholars. Designed
to be accessible yet rigorous, they offer concise and lucid surveys
of the substantive and policy issues associated with discrete
subject areas. New institutional economics (NIE) is a powerful tool
for understanding real world phenomena. This Advanced Introduction
explores NIE'AEos 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? Key Features:
Elucidates the essence of NIE'AEos main branches, focusing on the
governance of transactions and organizations (identified with
Oliver Williamson), the fundamental institutional environment
(Douglass North), and the role of communal institutions and
collective action (Elinor Ostrom) Explores how NIE has transformed
perspectives on collective action, state and legal institutions,
public policy and regulation, and economic growth Extensive
references to allow interested readers to dive deeper into specific
topics Authored by scholars associated early on with leading
figures in NIE and the development of NIE'AEos research agenda.
This Advanced Introduction is an ideal read for advanced students
of economics, political science, management, law and sociology
interested in learning about new institutional economics. Policy
makers, especially those responsible for business and utility
regulation and development policy and assistance, will also benefit
from this concise yet detailed book.
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