Modern Institutional Economics

Author: Sheng Hong
Publisher:
Publish Date: 2004-06-01
Features: Like other economic theories, the theoretical system of institutional economics is constructed from a series of classic papers. This volume selects pioneering original works by major figures in new institutional economics, such as Coase, North, Buchanan, Olson, Alchian, Demsetz, Williamson, and Zhang Wu Chang, covering areas such as property rights theory, transaction cost theory, enterprise theory, institutional change theory, public choice theory, the logic of collective action, constitutional economics, and law and economics, serving as a book for learning and mastering the theoretical system of modern institutional economics. Since the 1990s, Chinese economists have made remarkable efforts in introducing and developing new institutional economics, achieving unique results. This volume selects important papers by Chinese economists such as Wang Dingding, Zhang Yuyan, Zhang Weiying, Zhou Qiren, Sheng Hong, Fan Gang, Zhang Jun, Lin Yifu, Zhang Shuguang, Tang Shouning, and Wang Xinbo, covering areas such as the Coase theorem, contracts and the firm, public choice and collective action, economic development and institutional change, institutional choice and the rise and fall of nations, serving as a book for understanding and mastering the theoretical system of modern institutional economics and applying it to the analysis of Chinese issues.