ON ECONOMIC INSTITUTIONS: Theory and Applications

By
John Groenewegen (Contributor) Christos Pitelis (Contributor) Sven-Erik Sjoestrand (Contributor)  

Hardback

Available / dispatched within 1 - 4 weeks

Quantity
Institutionalist analysis is increasingly used as a key research tool for economists confronted with the shortcomings of mainstream economic analysis and the problems presented by the transformation of socio-economic systems in Eastern Europe. On Economic Institutions brings together leading economists working in a wide range of research traditions who examine theories of institutions and institutional change. This important volume shows that the failure of most neoclassical economic analysis to consider economic institutions is a major shortcoming in scholarship which seeks to describe and understand crucial economic phenomena. After discussing the dynamics of institutional change, the contributors examine the explanatory variables necessary for researching institutions and pay particular attention to 'efficiency' as the key variable used by neoclassical institutional analysis. Later chapters examine the processes of institutional change focusing on issues such as path dependency, selection mechanisms and institutional dynamics, and methodological issues in analysing economic institutions. An introduction by the editors places these papers in context and traces the development of economic research across the various schools. Economists from both neoclassical and institutionalist schools, as well as economic historians, are making increasing use of institutionalist analysis as a key research tool. In bringing together cutting-edge theory and research on economic institutions, this important volume will be welcomed by scholars working in evolutionary and institutionalist research traditions, as well as by organizational theorists and sociologists.
Edited by John Groenewegen, Delft University of Technology, The Netherlands, Christos Pitelis, Queens College, Cambridge, UK and Sven-Erik Sjoestrand, Professor Emeritus, Stockholm School of Economics, Sweden
  • Contributor: John Groenewegen
  • Imprint: Edward Elgar Publishing Ltd
  • ISBN13: 9781858981420
  • Number of Pages: 256
  • Packaged Dimensions: 156x234mm
  • Format: Hardback
  • Publisher: Edward Elgar Publishing Ltd
  • Release Date: 1995-01-01
  • Binding: Hardback
  • Biography: Edited by John Groenewegen, Delft University of Technology, The Netherlands, Christos Pitelis, Queens College, Cambridge, UK and Sven-Erik Sjoestrand, Professor Emeritus, Stockholm School of Economics, Sweden

Delivery Options

Home Delivery

Store Delivery

Free Returns

We hope you are delighted with everything you buy from us. However, if you are not, we will refund or replace your order up to 30 days after purchase. Terms and exclusions apply; find out more from our Returns and Refunds Policy.