Toward a Comparative Institutional Analysis

Type
Book
Authors
ISBN 10
0262011875 
ISBN 13
9780262011877 
Category
Unknown  [ Browse Items ]
Edition
1st 
Publication Year
2001 
Publisher
Pages
560 
Tags
 
Abstract
 
Description
A conceptual and analytical framework for understanding economic institutions and institutional change.Markets are one of the most salient institutions produced by humans, and economists have traditionally analyzed the workings of the market mechanism. Recently, however, economists and others have begun to appreciate the many institution-related events and phenomena that have a significant impact on economic performance. Examples include the demise of the communist states, the emergence of Silicon Valley and e-commerce, the European currency unification, and the East Asian financial crises.In this book Masahiko Aoki uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. The wide-ranging discussion considers how institutions evolve, why their overall arrangements are robust and diverse across economies, and why they do or do not change in response to environmental factors such as technological progress, global market integration, and demographic change. - from Amzon 
Biblio Notes
 
Number of Copies

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