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020 _a9781789904505
082 _a330.1552
_bMEN
100 _aMenard, Claude
_914193
245 _aAdvanced Introduction to new institutional economics
260 _bEdward Elgar Publishing Ltd.
_aCheltenham
_c2022
300 _a178 p.
365 _aGBP
_b18.95
520 _aElgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world’s 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’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? Key Features: • Elucidates the essence of NIE’s 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’s 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.
650 _aInstitutional economics -- Institutionalism
_916263
650 _aState and legal institutions -- Institutions
_916264
650 _aPublic policy -- Change and Development
_916265
700 _aShirley, Mary M.
_916266
942 _cBK
_2ddc
999 _c5928
_d5928