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  1. Home
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  3. Economic Behavior and Institutions
  • Cited by 755
Publisher:
Cambridge University Press
Online publication date:
December 2009
Print publication year:
1990
Online ISBN:
9780511609404
DOI:
https://doi.org/10.1017/CBO9780511609404
Subjects:
Economics, Microeconomics, Economic Theory, Political Economy, Politics and International Relations
Series:
Cambridge Surveys of Economic Literature
Information

Book description

An important research programme has developed in economics that extends neo-classical economic theory in order to examine the effects of institutions on economic behaviour. The body of work emerging from this line of inquiry includes contributions from various branches of economic theory, such as the economics of property rights, the theory of the firm, cliometrics and law and economics. This book is a comprehensive survey of this research programme which the author terms 'neoinstitutional economics'. The author proposes a unified approach to this research, integrating the work of various contributors and emphasising the common principles of inquiry that tie the work together. The theoretical discussion is accompanied by empirical studies dealing with a range of institutions and economic systems. This book will serve as the primary resource for economists and students who want to learn about this important branch of economic theory.

Reviews

‘The survey succeeds in my view precisely in presenting and linking in a convincing way quite disparate material.’

Arthur Denzau - Washington University

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