Library Catalogue
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Institutional economics: An introduction / Stefan Voiget.
Publication details: New York : Cambridge University Press, 2019. Description: xi, 293 pages. 23 cmISBN:- 9781108461085 (paperback)
- 330 VOI
Contents:
Summary: Why is it that some countries become rich while others remain poor? Do markets require regulation to function efficiently? If markets offer an efficient way of exchanging goods, why do individuals even create firms? How are economic transactions organized in the absence of a state that could enforce contracts and guarantee property rights? Institutional economics has allowed social scientists to answer many fundamental questions about the organization and functioning of societies. This introduction to institutional economics is concise, yet easy to understand. It not only caters to students of economics but to anybody interested in this topical research area and its specific subfields. Both formal and informal institutions (such as customs, habits, and traditions) are discussed with respect to their causes and consequences, highlighting the important part they play for economic growth and development.
Introduction -
The Basics -
2. Simple Transactions -
3. Repeated and Long-Term Transactions: On the Choice of Governance Structures with Given Institutions -
4, Institutions and Collective Action -
5. The Relevance of Institutions for Growth and Development -
6. Explaining Differences in External Institutions across Societies -
7. Explaining Change in lnternal Institutions -
8. On the Need for Normative Theory -
9. Consequences for Economic Policy -
10. Outlook -
References -
Index.
| Item type | Current library | Shelving location | Call number | Materials specified | Status | Notes | Barcode | |
|---|---|---|---|---|---|---|---|---|
BOOKs
|
. | General Stacks | 330 VOI (Browse shelf(Opens below)) | PB | Available | Recommended by Mr. Abishek Choutagunta & Mr. Shashank Sharma | 40671 |
Introduction -
The Basics -
2. Simple Transactions -
3. Repeated and Long-Term Transactions: On the Choice of Governance Structures with Given Institutions -
4, Institutions and Collective Action -
5. The Relevance of Institutions for Growth and Development -
6. Explaining Differences in External Institutions across Societies -
7. Explaining Change in lnternal Institutions -
8. On the Need for Normative Theory -
9. Consequences for Economic Policy -
10. Outlook -
References -
Index.
Why is it that some countries become rich while others remain poor? Do markets require regulation to function efficiently? If markets offer an efficient way of exchanging goods, why do individuals even create firms? How are economic transactions organized in the absence of a state that could enforce contracts and guarantee property rights? Institutional economics has allowed social scientists to answer many fundamental questions about the organization and functioning of societies. This introduction to institutional economics is concise, yet easy to understand. It not only caters to students of economics but to anybody interested in this topical research area and its specific subfields. Both formal and informal institutions (such as customs, habits, and traditions) are discussed with respect to their causes and consequences, highlighting the important part they play for economic growth and development.