New Institutional Economics (NIE) has skyrocketed in scope and influence over the last three decades. This first Handbook of NIE provides a unique and timely overview of recent developments and broad orientations. Contributions analyse the domain and perspectives of NIE; sections on legal institutions, political institutions, transaction cost economics, governance, contracting, institutional change, and more capture NIE's interdisciplinary nature. This Handbook will be of interest to economists, political scientists, legal scholars, management specialists, sociologists, and others wishing to learn more about this important subject and gain insight into progress made by institutionalists from other disciplines. This compendium of analyses by some of the foremost NIE specialists, including Ronald Coase, Douglass North, Elinor Ostrom, and Oliver Williamson, gives students and new researchers an introduction to the topic and offers established scholars a reference book for their research.
New institutional economics (NIE) is a powerful tool for understanding real world phenomena.
The definitive reference work on this topic, The Handbook of Economic Development and Institutions will be essential for academics, researchers, and professionals working in the field.
Thanks to the pioneering work of Ronald Coase, Douglas North and Olivier Williamson, institutions are now recognized as being a key factor in explaining differences in performance between industries, nations, and regions.
Uluslararası İktisat. İstanbul, Turkey: Beta Press. Shadmehri, M.T.A., Khadem, F., & Ghadimi, A. (2014). Economicschools thought: Mainstream, orthodox andheterodox economics. Kuwait ChapterofArabian Journal ofBusiness and Management ...
Herbert Simon defined bounded rationality as “human behavior [that] is intendedly rational but only limitedly so” (Simon, 1961, p. xxiv) due to cognitive limitations. The lack of precision in his definition, however, ...
A comprehensive introduction to and critical assessment of the theory and applications of the New Institutional Economics.
This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature.
Acemoglu, Daron and Simon Johnson (2005), “Unbundling Institutions,” Journal of Political Economy, 113(5), 949–95. Acemoglu, Daron and James A. Robinson (2005), Economic Origins of Dictatorship and Democracy, New York: Cambridge ...
The Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization provides a comprehensive evaluation of the institutional, economic, and social impacts of globalization and liberalization processes ...
A concise and clear introduction to the new institutional economics that summarizes current knowledge whilst addressing its gaps and weaknesses.