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Title The New institutional economics : a collection of articles from the Journal of institutional and theoretical economics / introduced and edited by Eirik G. Furubotn and Rudolf Richter
Published College Station : Texas A & M Press, ©1991

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Description 1 online resource (viii, 376 pages) : illustrations
Series Texas A & M University economics series ; no. 12 [i.e. 13]
Texas A & M University economics series ; no. 13.
Contents The new institutional economics : an assessment / by Eirik G. Furubotn and Rudolf Richter -- The methodology of the new institutional economics. Institutionalist economics old and new / by Terence W. Hutchison -- Development of the property rights approach / by Louis De Alessi -- The economics of governance : framework and implications / by Oliver E. Williamson -- Reflections on relational contract / by Ian R. Macneil -- Self-enforcing contracts / by Benjamin Klein -- Long term vertical relationships and the study of industrial organization and government regulation / by Paul L. Joskow -- A comparison of alternative approaches to economic organization / by Oliver E. Williamson -- A new push in the theory of organization, a commentary on O.E. Williamson's comparison of alternative approaches to economic organization / by Siegwart Lindenberg -- The modern theory of the firm. Reflections on the theory of the firm / by Armen A. Alchian and Susan Woodward
(cont.) Plant closings, worker reallocation costs and efficiency gains to labor representation on boards of directors / by Eirik G. Furubotn and Steven N. Wiggins -- The cooperative association as a business enterprise : a study in the economics of transactions / by Holger Bonus -- The new institutional approach to economic history. Transaction costs, institutions, and economic history / by Douglass C. North -- Distributional issues in contracting for property rights / by Gary D. Libecap -- The incentives to innovate under alternative property rights assignments with special reference to the patent system / by Erich Kaufer -- On problems of political institutions. A transaction cost approach to the historical development of polities and economies / by Douglass C. North -- The political institutions of representative government : legislatures / by Barry R. Weingast -- The Louvre Accord from the viewpoint of the new institutional economics / by Rudolf Richter
(cont.) Formal approaches to institutional economics. Externalities and the Coase theorem : hypothesis or result? / by Urs Schweizer -- Monitoring agents with other agents / by Hal R. Varian -- Regulating trade among agents / by Bengt Holmström and Paul Milgrom -- Different approaches to the economic analysis of institutions : some concluding remarks / by Eirik G. Furubotn -- Different approaches to the economic analysis of institutions : concluding remarks / Leonid Hurwicz
Summary "In the late 1970s and through the 1980s there has been a remarkable expansion of research activities in the modern institutional economics. Not only is the quantity of new research and writing growing rapidly, but in addition modern institutional economics now has wide recognition as a distinct area of study. In light of these developments, it seems useful to take stock of the present position of the "new institutional economics," to consider some of its major accomplishments, and to offer a few ideas about future directions of study." "This volume provides such insights into current institutionalist thinking by drawing on representative articles published in the Journal of Institutional and Theoretical Economics from 1984 to 1990. After an introductory overview and critical assessment designed to orient newcomers to the field, the five sections of the book touch on the methodology of the new institutional economics, the modern theory of the firm, the new institutional approach to economic history, problems of political institutions, and formal approaches to institutional economics."--BOOK JACKET
Bibliography Includes bibliographical references and indexes
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
English
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Subject Institutional economics.
BUSINESS & ECONOMICS -- Economics -- General.
BUSINESS & ECONOMICS -- Reference.
Institutional economics
Form Electronic book
Author Furubotn, Eirik Grundtvig, 1923-
Richter, Rudolf, 1926-
ISBN 0585174652
9780585174655
OTHER TI Zeitschrift für die gesamte Staatswissenschaft