Institutions Behaviour And Economic Theory
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Institutions Behaviour And Economic Theory
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Author : Heinrich Bortis
language : en
Publisher: Cambridge University Press
Release Date : 1997
Institutions Behaviour And Economic Theory written by Heinrich Bortis and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
This book is about the conceptual foundations of an intermediate way between liberalism and socialism. From a standpoint of economic theory, this middle way is conceived of as a synthesis of classical (Ricardian) and Keynesian political economy. While the former deals with proportions between individuals or collectives and society in tackling the problems of distribution and value on the basis of the surplus principle, the latter is concerned with the scale of economic activity as explained by the principle of effective demand. Political economy pictures the economic aspects of the functioning of the institutional system within which the behaviour of individuals is embedded. The economy considered is, primarily, neither a market nor a planned economy, but, rather, a monetary production economy. To establish an alternative to liberalism and socialism requires setting up a system of the social sciences. In this work suggestions are made for linking political economy with other social sciences, i.e. sociology, law and politics in the traditional sense, thus establishing the unity of the social sciences. In a Keynesian vein, the social sciences are conceived of as moral sciences, a view which gives rise to a specific philosophy of history. To complete the picture, issues of method associated with the theory of knowledge in the social sciences and the problem of linking theory with historical reality are also covered.
Economic Behavior And Institutions
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Author : Þráinn Eggertsson
language : en
Publisher: Cambridge University Press
Release Date : 1990-06-29
Economic Behavior And Institutions written by Þráinn Eggertsson and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-06-29 with Business & Economics categories.
This book is a comprehensive survey of 'neoinstitutional economics', which integrates different economic theories.
Institutions And Economic Theory
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Author : Eirik Grundtvig Furubotn
language : en
Publisher: University of Michigan Press
Release Date : 2000
Institutions And Economic Theory written by Eirik Grundtvig Furubotn and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.
A comprehensive introduction to and critical assessment of the theory and applications of the New Institutional Economics.
The Economic Theory Of Social Institutions
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Author : Andrew Schotter
language : en
Publisher: Cambridge University Press
Release Date : 2008-06-26
The Economic Theory Of Social Institutions written by Andrew Schotter and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-06-26 with Business & Economics categories.
This book uses game theory to analyse the creation, evolution and function of economic and social institutions. The author illustrates his analysis by describing the organic or unplanned evolution of institutions such as the conventions of war, the use of money, property rights and oligopolistic pricing conventions. Professor Schotter begins by linking his work with the ideas of the philosophers Rawls, Nozick and Lewis. Institutions are regarded as regularities in the behaviour of social agents, which the agents themselves tacitly create to solve a wide variety of recurrent problems. The repetitive nature of the problems permits them to be described as a recurrent game or 'supergame.' The agents use these regularities as informational devices to supplement the information contained in competitive prices. The final chapter explores the applicability of this theory, first by relating it to previous work on the theory of teams, hierarchies, and non-maximizing decision theory, and then by using it to provide a new approach to a variety of questions both within and outside economics.
Rationality Institutions And Economic Methodology
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Author : Uskali Mäki
language : en
Publisher: Psychology Press
Release Date : 1993
Rationality Institutions And Economic Methodology written by Uskali Mäki and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
First published in 1993. Routledge is an imprint of Taylor & Francis, an informa company.
The Economic Institutions Of Higher Education
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Author : J. Patrick Raines
language : en
Publisher: Edward Elgar Publishing
Release Date : 2003-01-01
The Economic Institutions Of Higher Education written by J. Patrick Raines and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-01-01 with Business & Economics categories.
Working within the context of the evolutionary-institutional transformation of higher education, the authors trace the development of an economic model by which the behavioral tendencies of modern universities can be evaluated. That model is expanded to provide insights to the following questions: Why do universities compete and how do they develop and implement their competitive strategies? How do universities make critical institutional decisions about operational missions, academic policies, and internal resource allocation? Do universities efficiently and effectively pursue the special social functions assigned to them? Patrick Raines and Charles Leathers present an integrated, coherent theory to explain the behavior of universities and provide a realistic economic model that predicts how universities allocate their scarce educational resources. This alternative view is contrasted with the mainstream explanations of university behavior based on the maximization of student welfare or faculty influences. The authors extend the existing literature on the operation of universities by presenting a history of the evolution of the modern entrepreneurial universities as well as an explanation of academic capitalism. This absorbing volume will appeal to anyone interested in the history of economic thought or the history of education. Scholars of Veblen, Smith, and Malthus will be fascinated by their individual and comparative theories of the purpose and failures of higher education.
Conflict And Cooperation
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Author : A. Allan Schmid
language : en
Publisher: John Wiley & Sons
Release Date : 2008-04-15
Conflict And Cooperation written by A. Allan Schmid and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-15 with Business & Economics categories.
Allan Schmid’s innovative text, Conflict and Cooperation: Institutional and Behavioral Economics,investigates "the rules of the game," how institutions--both formal and informal--affect these rules, and how these rules are changed to serve competing interests. This text addresses both formal and informal institutions and the impact of alternative institutions, as well as institutional change and evolution. With its broad applications and numerous practice and discussion questions, this book will be appealing not only to students of economics, but also to those studying sociology, law, and political science. Addresses formal and informal institutions, the impact of alternative institutions, and institutional change and evolution. Presents a framework open to changing preferences, bounded rationality, and evolution. Explains how to form empirically testable hypotheses using experiments, case studies, and econometrics. Includes numerous practice and discussion questions.
Economic Behavior And Institutions
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Author :
language : en
Publisher:
Release Date : 1999
Economic Behavior And Institutions written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
The Economics Of Institutions
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Author : Geoffrey Martin Hodgson
language : en
Publisher: Edward Elgar Publishing
Release Date : 1993
The Economics Of Institutions written by Geoffrey Martin Hodgson and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
A collection of key essays in the field of both new and old institutional economics. The text includes 26 articles dating from 1932-1993, and topics covered include institutional change and economic growth.
Institutions Institutional Change And Economic Performance
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Author : Douglass C. North
language : en
Publisher: Cambridge University Press
Release Date : 1990-10-26
Institutions Institutional Change And Economic Performance written by Douglass C. North and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990-10-26 with Political Science categories.
Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organisations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change. Douglass C. North is Director of the Center of Political Economy and Professor of Economics and History at Washington University in St. Louis. He is a past president of the Economic History Association and Western Economics Association and a Fellow, American Academy of Arts and Sciences. He has written over sixty articles for a variety of journals and is the author of The Rise of the Western World: A New Economic History (CUP, 1973, with R.P. Thomas) and Structure and Change in Economic History (Norton, 1981). Professor North is included in Great Economists Since Keynes edited by M. Blaug (CUP, 1988 paperback ed.)