The Foundations Of Institutional Economics
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The Foundations Of Institutional Economics
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Author : K. William Kapp
language : en
Publisher: Routledge
Release Date : 2012-05-23
The Foundations Of Institutional Economics written by K. William Kapp and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-23 with Business & Economics categories.
This is a ground-breaking book about the foundations of institutional economics. K. William Kapp presents the economic role of institutions for economic development, capital formation and technological dynamics in an easily accessible and comprehensive manner. As a front-rank 20th century institutional economist, Kapp pulls together arguments from a variety of sources, including Thorstein Veblen, John Kenneth Galbraith and Gunnar Myrdal, all of which emphasize the crucial role of institutions. The author cements institutional economics as a distinct and coherent framework of analysis to effectively address urgent socio-economic problems, such as environmental disruption and sustainable development. This book begins with a critique of conventional (neoclassical) economics and an overview of the antecedents of institutional economics. The core of the book is formed by the chapters on institutions, human economic behavior and needs, arguing that institutional change is key to directing economic development towards sustainable and adequate living conditions, rather than merely formal growth formulas. The final chapters provide the reader with the institutional theories of capital and technology, showing how capital formation and technological dynamics are determined by institutions, such as the principle of investment for profit. The appendix complements Kapp’s plea for institutional change with articles on science and technology, social costs, substantive economics, and circular and cumulative causation. This book is suited for readers at all levels who are interested in institutional economics, the history of economics thought, political economics as well as ecological and heterodox economics. Researchers and students will find it to be an easily accessible and a concise elaboration on the foundations of institutional economics.
Economic Evolution
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Author : Jack J Vromen
language : en
Publisher: Routledge
Release Date : 1995-10-19
Economic Evolution written by Jack J Vromen and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-10-19 with Business & Economics categories.
The new institutional economics offers one of the most exciting research agendas in economics today. The book looks at the differences and similarities between the three main approaches.
The Foundations Of Evolutionary Institutional Economics
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Author : Manuel Scholz-Wackerle
language : en
Publisher: Routledge
Release Date : 2013-08-15
The Foundations Of Evolutionary Institutional Economics written by Manuel Scholz-Wackerle and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-15 with Business & Economics categories.
Generic institutionalism offers a new perspective on institutional economic change within an evolutionary framework. The institutional landscape shapes the social fabric and economic organization in manifold ways. The book elaborates on the ubiquity of such institutional forms with regards to their emergence, durability and exit in social agency-structure relations. Thereby institutions are considered as social learning environments changing the knowledge base of the economy along generic rule-sets in non-nomological ways from within. Specific attention is given to a theoretical structuring of the topic in ontology, heuristics and methodology. Part I introduces a generic naturalistic ontology by comparing prevalent ontological claims in evolutionary economics and preparing them for a broader pluralist and interdisciplinary discourse. Part II reconsiders these ontological claims and confronts it with prevalent heuristics, conceptualizations and projections of institutional change. In this respect the book revisits the institutional economic thought of Thorstein Veblen, Friedrich August von Hayek, Joseph Alois Schumpeter and Pierre Bourdieu. A synthesis is suggested in an application of the generic rule-based approach. Part III discusses the implementation of rule-based bottom-up models of institutional change and provides a basic prototype agent-based computational simulation. The evolution of power relations plays an important role in the programming of real-life communication networks. This notion characterizes the discussed policy realms (Part IV) of ecological and financial sustainability as tremendously complex areas of institutional change in political economy, leading to the concluding topic of democracy in practice. The novelty of this approach is given by its modular theoretical structure. It turns out that institutional change is carried substantially by affective social orders in contrast to rational orders as communicated in orthodox economic realms. The characteristics of affective orders are derived theoretically from intersections between ontology and heuristics, where interdependencies between instinct, cognition, rationality, reason, social practice, habit, routine or disposition are essential for the embodiment of knowledge. This kind of research indicates new generic directions to study social learning in particular and institutional evolution in general.
Economic Evolution
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Author :
language : en
Publisher:
Release Date : 1995
Economic Evolution written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Evolutionary economics categories.
The new institutional economics offers one of the most exciting research agendas in economics today. The book looks at the differences and similarities between the three main approaches.
The Foundations Of The New Institutional Economics
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Author : Claude Ménard
language : en
Publisher: Edward Elgar Publishing
Release Date : 2004
The Foundations Of The New Institutional Economics written by Claude Ménard 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 2004 with Antologier categories.
These volumes disclose and develop the richness and importance of the New Institutional Economics - in conceptual, theoretical, empirical, and public policy respects.
The Foundations Of Evolutionary Institutional Economics
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Author : Manuel Wäckerle
language : en
Publisher:
Release Date : 2013-08-15
The Foundations Of Evolutionary Institutional Economics written by Manuel Wäckerle and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-15 with Business & Economics categories.
Generic institutionalism offers a new perspective on institutional economic change within an evolutionary framework. The institutional landscape shapes the social fabric and economic organization in manifold ways. The book elaborates on the ubiquity of such institutional forms with regards to their emergence, durability and exit in social agency-structure relations. Thereby institutions are considered as social learning environments changing the knowledge base of the economy along generic rule-sets in non-nomological ways from within. Specific attention is given to a theoretical structuring of the topic in ontology, heuristics and methodology. Part I introduces a generic naturalistic ontology by comparing prevalent ontological claims in evolutionary economics and preparing them for a broader pluralist and interdisciplinary discourse. Part II reconsiders these ontological claims and confronts it with prevalent heuristics, conceptualizations and projections of institutional change. In this respect the book revisits the institutional economic thought of Thorstein Veblen, Friedrich August von Hayek, Joseph Alois Schumpeter and Pierre Bourdieu. A synthesis is suggested in an application of the generic rule-based approach. Part III discusses the implementation of rule-based bottom-up models of institutional change and provides a basic prototype agent-based computational simulation. The evolution of power relations plays an important role in the programming of real-life communication networks. This notion characterizes the discussed policy realms (Part IV) of ecological and financial sustainability as tremendously complex areas of institutional change in political economy, leading to the concluding topic of democracy in practice. The novelty of this approach is given by its modular theoretical structure. It turns out that institutional change is carried substantially by affective social orders in contrast to rational orders as communicated in orthodox economic realms. The characteristics of affective orders are derived theoretically from intersections between ontology and heuristics, where interdependencies between instinct, cognition, rationality, reason, social practice, habit, routine or disposition are essential for the embodiment of knowledge. This kind of research indicates new generic directions to study social learning in particular and institutional evolution in general.
Evolution And Efficiency
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Author : Jack J. Vromen
language : en
Publisher:
Release Date : 1994
Evolution And Efficiency written by Jack J. Vromen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Evolutionary economics categories.
Evolutionary Economics Foundations Of Institutional Thought
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Author : Marc R. Tool
language : en
Publisher: Routledge
Release Date : 1988
Evolutionary Economics Foundations Of Institutional Thought written by Marc R. Tool and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with Business & Economics categories.
The contributors to this volume focus on the political and value issues that, in their shared view, underlie the global environmental crisis facing us today. They argue that only by transforming our dominant values, social institutions and way of living can we avoid ecological disaster.
The Institutional Foundation Of Economic Development
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Author : Shiping Tang
language : en
Publisher: Princeton University Press
Release Date : 2022-09-06
The Institutional Foundation Of Economic Development written by Shiping Tang and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-06 with Business & Economics categories.
A systemic account of how institutions shape economic development Institutions matter for economic development. Yet despite this accepted wisdom, new institutional economics (NIE) has yet to provide a comprehensive look at what constitutes the institutional foundation of economic development (IFED). Bringing together findings from a range a fields, from development economics and development studies to political science and sociology, The Institutional Foundation of Economic Development explores the precise mechanisms through which institutions affect growth. Shiping Tang contends that institutions shape economic development through four “Big Things”: possibility, incentive, capability, and opportunity. From this perspective, IFED has six major dimensions: political hierarchy, property rights, social mobility, redistribution, innovation protection, and equal opportunity. Tang further argues that IFED is only one pillar within the New Development Triangle (NDT): sustained economic development also requires strong state capacity and sound socioeconomic policies. Arguing for an evolutionary approach tied to a country’s stage of development, The Institutional Foundation of Economic Development advances an understanding of institutions and economic development through a holistic, interdisciplinary lens.
Institutional Economics
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Author : Wolfgang Kasper
language : en
Publisher: Edward Elgar Publishing
Release Date : 1998
Institutional Economics written by Wolfgang Kasper 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 1998 with Business & Economics categories.
A dense textbook for students and others with a basic understanding of economics. Introduces the idea of institutions as rules that constrain possibly opportunistic human behavior, protect individual spheres of freedom, help avoid or mitigate conflicts, and enhance the division of labor and knowledge, thereby promoting prosperity, which Wolfgang and Streit value over comfort. Under foundations they discuss human behavior, fundamental human values, and individual rules. Their applications include the institutional foundations of capitalism, the dynamics of competition, economic organizations, public policy as collective action, the international dimension, the evolution of institutions, alternative economic systems, and reforming the mixed economies. Annotation copyrighted by Book News, Inc., Portland, OR