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Institutions and Economic Theory
A comprehensive introduction to and critical assessment of the theory and applications of the New Institutional Economics.
Institutions and Economic Theory
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 app...
The Economics of Contracts
A 2002 survey of economics of contracts appealing to scholars in economics, management and law.
The Economics of Special Privilege and Rent Seeking
As the reader of this book probably already knows, I have devoted a great deal of time to the topic which is, rather unfortunately, named rent seeking. Rent seeking, the use of resources in actually lowering total product although benefiting some minority, is, unfortunately, a major activity of most governments. As a result of this, I have stumbled on a puzzle. The rent-seeking activity found in major societies is immense, but the industry devoted to producing it is nowhere near as immense. In Washington the rent-seeking industry is a very conspicuous part of the landscape. On the other hand, if you consider how much money is being moved by that industry, then it is comparatively small. The ...
Social Structures
This study of social structures looks at the network approach. It contains non-technical articles that contrast structural analysis with other social scientific approaches. It deals with individual behaviour and identity and with neighbourhood and community ties. It examines the relationships within and between organizations, discussing how firms occupy strategically appropriate niches. It also explores the impact of the growth of the Internet, equating computer networks as social networks connecting people in virtual communities and collaborative work.
Democracy, Governance, and Economic Performance
A theoretical and empirical examination of why political institutions and organizations matter in economic growth.
The General Theory of Labor-managed Market Economies
Monograph presenting an economic theory in support of a new economic system based on workers' self-management (workers participation) - covers the equilibrium of a competitive enterprise and changing market conditions, the decentralization of decision making, labour supply functions, economic policy problems, 'income sharing' (wages) and wage incentive, the allocation of economic resources, legal aspects and basic institutional forms of the labour-managed economy, etc. Diagrams and references.
