Advanced Introduction To New Institutional Economics

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Advanced Introduction to New Institutional Economics

Author: Claude Ménard
language: en
Publisher: Edward Elgar Publishing
Release Date: 2022-01-28
Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world'Äôs leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantive and policy issues associated with discrete subject areas. New institutional economics (NIE) is a powerful tool for understanding real world phenomena. This Advanced Introduction explores NIE'Äôs answers to fundamental questions about the organization, growth and development of economies, such as why are some countries rich and others poor? Why are activities organized as firms or markets or through alternative organizational solutions? When are shared resources overexploited? Key Features: Elucidates the essence of NIE'Äôs main branches, focusing on the governance of transactions and organizations (identified with Oliver Williamson), the fundamental institutional environment (Douglass North), and the role of communal institutions and collective action (Elinor Ostrom) Explores how NIE has transformed perspectives on collective action, state and legal institutions, public policy and regulation, and economic growth Extensive references to allow interested readers to dive deeper into specific topics Authored by scholars associated early on with leading figures in NIE and the development of NIE'Äôs research agenda. This Advanced Introduction is an ideal read for advanced students of economics, political science, management, law and sociology interested in learning about new institutional economics. Policy makers, especially those responsible for business and utility regulation and development policy and assistance, will also benefit from this concise yet detailed book.
Advanced Introduction to New Institutional Economics

Author: Ménard, Claude
language: en
Publisher: Edward Elgar Publishing
Release Date: 2022-01-14
New institutional economics (NIE) is a powerful tool for understanding real world phenomena. This Advanced Introduction explores NIE’s answers to fundamental questions about the organization, growth and development of economies, such as why are some countries rich and others poor? Why are activities organized as firms or markets or through alternative organizational solutions? When are shared resources overexploited?
Handbook of New Institutional Economics

This Open Access Handbook of New Institutional Economics (NIE) is a comprehensive reference work providing a unique and timely overview of recent developments and broad orientations in institutional analysis. This second edition has been thoroughly updated and extended, including 23 new chapters on political and legal institutions, organizations and contracts, regulation, culture, methodology and institutional change. Chapters have been written by highly respected scientists in the field, among them Ronald Coase, Douglass North, Elinor Ostrom, Oliver Williamson and Roger Myerson, all Nobel recipients, as well as by numerous other foremost NIE specialists at the frontier of NIE research. This Handbook gives students and young researchers an introduction to the topic and offers all scholars a reference book for their research. It will also be of interest to economists, political scientists, legal scholars, management specialists, sociologists, and others wishing to learn more about these important subjects and gain insight into progress made by institutionalists from other disciplines. Open access made possible through a generous donation in honor of the Ronald Coase Institute.