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Conventions and Structures in Economic Organization - Markets, Networks and Hierarchies (Hardcover, illustrated edition) Loot Price: R4,034
Discovery Miles 40 340
Conventions and Structures in Economic Organization - Markets, Networks and Hierarchies (Hardcover, illustrated edition):...

Conventions and Structures in Economic Organization - Markets, Networks and Hierarchies (Hardcover, illustrated edition)

Olivier Favereau, Emmanuel Lazega

Series: New Horizons in Institutional and Evolutionary Economics series

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Loot Price R4,034 Discovery Miles 40 340 | Repayment Terms: R378 pm x 12*

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For individual actors involved in economic activities (i.e. production, exchanges), conventions and structures represent two different types of opportunity or constraint. Conventions refer to values, rules and representations that influence economic behaviour. Structures refer to patterns of resource interdependencies existing among members of any social system. This book contributes to the current rapprochement between economics and sociology. It examines the fact that individuals use rules and interdependencies to forward their own interests, while living in social environments where everyone does the same. The authors argue that to construct durable organizations and viable markets, they need to be able to handle both. However, thus far, economists and sociologists have not been able to reconcile the relationship between these two types of constraints on economic activity. Conventions and Structures in Economic Organization seeks to bridge this gap and will appeal to students and scholars in both economics and sociology, offering them new ideas about how they can co-operate in unsuspected ways and combine their interdisciplinary efforts.

General

Imprint: Edward Elgar Publishing Ltd
Country of origin: United Kingdom
Series: New Horizons in Institutional and Evolutionary Economics series
Release date: November 2002
Editors: Olivier Favereau • Emmanuel Lazega
Dimensions: 234 x 156mm (L x W)
Format: Hardcover
Pages: 384
Edition: illustrated edition
ISBN-13: 978-1-84064-510-1
Categories: Books > Business & Economics > Economics > Economic theory & philosophy
LSN: 1-84064-510-5
Barcode: 9781840645101

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