Institutions and Economic Theory - 9780472030255

Institutions and Economic TheoryThe Contribution of the New Institutional Economics\nAuthor(s): Eirik G. Furubotn, Rudolf Richter\nFormat: Paperback\nPublisher: The University of Michigan Press, United States\nImprint: The University of Michigan Press\nISBN-13: 9780472030255, 978-0472030255\nSynopsis\nThis second edition assesses some of the major refinements, extensions, and useful applications that have developed in neoinstitutionalist thought in recent years. More attention is given to the overlap between the New Institutional Economics and developments in economic history and political science. In addition to updated references, new material includes analysis of parallel developments in the field of economic sociology and its attacks on representatives of the NIE as well as an explanation of the institution-as-an-equilibrium-of-game approach.\n\nAlready an international best seller, Institutions and Economic Theory is essential reading for economists and students attracted to the.