Comparative Approaches to Old and New Institutional Economics

Comparative Approaches to Old and New Institutional Economics
Author: Akansel, Ilkben
Publisher: IGI Global
Total Pages: 339
Release: 2019-10-18
Genre: Business & Economics
ISBN: 179980335X

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As today’s world develops and evolves, so does its economics. New economic approaches have begun to emerge, but traditional methods are still being implemented. As both systems provide different solutions to society’s economic issues, thoughtful research and analysis is required regarding the tactics and strategies that both theories utilize. Comparative Approaches to Old and New Institutional Economics is an essential reference source that discusses the sequential history of these two economic theories as well as their application to global fiscal disputes. Featuring research on topics such as international relations, business management, and institutionalism, this book is ideally designed for economists, analysts, managers, researchers, practitioners, academicians, and students seeking coverage on the parallel methods of these economic philosophies.

Institutions and Economic Theory

Institutions and Economic Theory
Author: Eirik Grundtvig Furubotn
Publisher: University of Michigan Press
Total Pages: 576
Release: 2000
Genre: Business & Economics
ISBN: 9780472086801

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A comprehensive introduction to and critical assessment of the theory and applications of the New Institutional Economics.

Institutions in Economics

Institutions in Economics
Author: Malcolm Rutherford
Publisher: Cambridge University Press
Total Pages: 244
Release: 1996-07-13
Genre: Business & Economics
ISBN: 9780521574471

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This book examines and compares the 'old' institutionalism of Veblen, Mitchell, Commons, and Ayres, with the 'new' institutionalism developed from neoclassical and Austrian sources.

Institutions and Economic Theory

Institutions and Economic Theory
Author: Eirik G. Furubotn
Publisher: University of Michigan Press
Total Pages: 676
Release: 2005-10-21
Genre: Business & Economics
ISBN: 9780472030255

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This second edition assesses some of the major refinements, extensions, and useful applications that have developed in neoinstitutionalist thought in recent years. More attention is given to the overlap between the New Institutional Economics and developments in economic history and political science. In addition to updated references, new material includes analysis of parallel developments in the field of economic sociology and its attacks on representatives of the NIE as well as an explanation of the institution-as-an-equilibrium-of-game approach. Already an international best seller, Institutions and Economic Theory is essential reading for economists and students attracted to the NIE approach. Scholars from such disciplines as political science, sociology, and law will find the work useful as the NIE continues to gain wide academic acceptance. A useful glossary for students is included. Eirik Furubotn is Honorary Professor of Economics, Co-Director of the Center for New Institutional Economics, University of Saarland, Germany and Research Fellow, Private Enterprise Research Center, Texas A&M University. Rudolph Richter is Professor Emeritus of Economics and Director of the Center for New Institutional Economics, University of Saarland, Germany.

Handbook of New Institutional Economics

Handbook of New Institutional Economics
Author: Claude Ménard
Publisher: Springer Science & Business Media
Total Pages: 875
Release: 2008-06-27
Genre: Business & Economics
ISBN: 354069305X

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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.

The Frontiers of the New Institutional Economics

The Frontiers of the New Institutional Economics
Author: John N. Drobak
Publisher: Emerald Group Pub Limited
Total Pages: 374
Release: 1997
Genre: Business & Economics
ISBN: 9780122222405

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The New Institutional Economics incorporates a theory of institutions into economics. It builds upon the fundamental assumptions of scarcity and competition but abandons institutional rationality. Consequently, NIE assumes that individuals make choices based on incomplete information and limited mental capacity, forming institutions to reduce uncertainty in human exchange. These insights have implications for technological change, property rights, and public choice. The Frontiers of the New Institutional Economics presents new essays written specifically for this volume. These essays Provide an introduction to the nature and practice of the New Institutional Economics, with a special emphasis on economic history and political economy. Among the contributors are Nobel Prize winners Douglass North and Robert Fogel. Key Features * Contains essays by Nobel Prize winners Douglass North and Robert Fogel * Presents a field of economics useful to students of political science and sociology. * Applicable to studies of technological change, property rights, and public choice

The New Institutional Economics and Third World Development

The New Institutional Economics and Third World Development
Author: John Harriss
Publisher: Psychology Press
Total Pages: 382
Release: 1995
Genre: Business & Economics
ISBN: 9780415118231

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A major contribution to an area of debate still in its formative phase. It offers new perspectives on both the micro-foundations of economics and the long run dynamics of economic development.

Institutional Economics

Institutional Economics
Author: Charles J. Whalen
Publisher: Routledge
Total Pages: 316
Release: 2021-10-28
Genre: Business & Economics
ISBN: 1000462994

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Institutional economics is a sociocultural discipline and policy science which draws on the idea that economies are best understood through an appreciation of history, real-world institutions, and socioeconomic interrelations. This book brings together leading institutionalists to examine the tradition’s most essential perspectives and methods. The contributors to the book draw on a broad range of institutional thought from the classic work of Thorstein Veblen, John R. Commons, and Karl Polanyi, to the newer viewpoints of post-Keynesian institutionalism, feminist institutionalism, and environmental institutionalism. Methods range from frameworks used to analyze public policy and institutional change, to modes of analysis including myth busting, historically grounded narratives, and computer-based simulations. Each chapter surveys the origins, development, key features, applications, and frontiers of a particular viewpoint, framework, or mode of analysis. Due consideration is given to both strengths and weaknesses; and woven into the chapters is attention to core institutionalist concepts, including technology, institutions, culture, and complexity. The book provides economists with promising starting points for new research, students with contributions refreshingly in touch with the real world, and policymakers and social scientists with compelling reasons for engaging further with the institutionalist tradition.

The New Institutional Economics

The New Institutional Economics
Author: Eirik Grundtvig Furubotn
Publisher: Mohr Siebeck
Total Pages: 394
Release: 1991
Genre: Business & Economics
ISBN: 9783161457647

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Recent Developments in Institutional Economics

Recent Developments in Institutional Economics
Author: Geoffrey Martin Hodgson
Publisher: Edward Elgar Publishing
Total Pages: 644
Release: 2003
Genre: Institutional economics
ISBN:

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In bringing together some of the most significant previously published papes by leading scholars inthe field, this collection explores the major changes in the 'new' and 'old' institutional economics, the developments of new approaches and the extension of applications to new areas which have taken place since the early 1990s.