Economic behavior and institutions

Author: (Iceland) Egertson
Publisher:
Publish Date: 2004-10-01
Features: The importance of this book lies in Professor Egertson's view that economics, due to the lack of available theoretical structures in the application of institutional analysis methods, has generally lagged behind other disciplines. To address this deficiency, he investigates ongoing institutional research in various branches of economics and proposes recommendations to find a unified method for this research that emphasizes interdependence, built upon neoclassical models. "New Institutional Economics" brings together such topics as property rights economics, firm theory, work organization theory, quantitative history, and legal economics.