This wide-ranging and highly accessible introduction presents both
the key theories of Original Institutional Economics and New
Institutional Economics in a balanced and intuitive way, reserving
technical discussions mainly for appendices. The authors have
assumed only minimal, principles-level, knowledge of economics on
the part of the reader, making the text ideally suited for use as
core reading in undergraduate courses as well as in graduate
courses where the backgrounds of students are diverse.
General
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