Business & Economics Books:

Institutions in Economics

The Old and the New Institutionalism
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Paperback / softback
$141.00
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Description

This book examines and compares the two major traditions of thought that have attempted to incorporate institutions within economics. These are the "Old" (or American) Institutionalist tradition of Veblen, Mitchell, Commons and Ayres, and the "New" Institutionalism that has developed more recently from neoclassical and Austrian sources. The discussion is organized around a set of key problems involving the use of formal or nonformal analytical methods, individualist or holistic approaches, the respective roles of rational choice and rule following behavior, the relative importance of spontaneous evolution and deliberative design of institutions, and questions relating to the normative appraisal of institutions.
Release date NZ
July 13th, 1996
Audience
  • Professional & Vocational
Illustrations
Worked examples or Exercises
Pages
240
Dimensions
153x228x23
ISBN-13
9780521574471
Product ID
2364910

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