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Institutions, Contracts and Organizations - Perspectives from New Institutional Economics (Hardcover)
Loot Price: R4,270
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Institutions, Contracts and Organizations - Perspectives from New Institutional Economics (Hardcover)
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This outstanding book presents new original contributions from some
of the world's leading economists including Ronald Coase, Douglass
C. North, Masahiko Aoki, Oliver E. Williamson and Harold Demsetz.
It demonstrates the extent and depth of the New Institutional
Economics research programme which is having a worldwide impact on
the economics profession.The book lays out the fundamental
dimensions of the research programme with special emphasis on the
interaction between institutional factors, both formal and
informal, and the performance of different arrangements that
organize transactions. After examining the foundations of New
Institutional Economics and honouring Ronald Coase's contribution
to the field, it presents controversial and conflicting views on
the sources of growth. It places special emphasis on organizations
and transactions, focusing on issues of trust, corruption,
enforcement of contracts and modes of organization. Written by an
eminent group of scholars, Institutions, Contracts and
Organizations is an important landmark in the development of New
Institutional Economics.
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