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  3. Empirical Studies in Institutional Change
  • Cited by 101
Publisher:
Cambridge University Press
Online publication date:
June 2012
Print publication year:
1996
Online ISBN:
9781139174633
DOI:
https://doi.org/10.1017/CBO9781139174633
Series:
Political Economy of Institutions and Decisions
Subjects:
Research Methods in Politics, Political Economy, Politics and International Relations, Research Methods In Politics
Information

Book description

Empirical Studies in Institutional Change is a collection of nine empirical studies by fourteen scholars. Dealing with issues ranging from the evolution of secure markets in seventeenth-century England to the origins of property rights in airport slots in modern America, the contributors analyse institutions and institutional change in various parts of the world and at various periods of time. The volume is a contribution to the new economics of institutions, which emphasises the role of transaction costs and property rights in shaping incentives and results in the economic arena. To make the papers accessible to a wide audience, including students of economics and other social sciences, the editors have written an introduction to each study and added three theoretical essays to the volume, including Douglass North's Nobel Prize address, which reflect their collective views as to the present status of institutional analysis and where it is headed.

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