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Economics as a Process: Essays in the New Institutional Economics Revised Edition
Contributor(s): Langlois, Richard N. (Editor)
ISBN: 0521378591     ISBN-13: 9780521378598
Publisher: Cambridge University Press
OUR PRICE:   $39.89  
Product Type: Paperback - Other Formats
Published: February 1989
Qty:
Annotation: The essays in Economics as a Process are all concerned with exploring theoretical approaches alternative to the conventional or 'neoclassical' paradigm.
Additional Information
BISAC Categories:
- Business & Economics | Economics - Theory
- Business & Economics | Economic History
- Business & Economics | Economics - Microeconomics
Dewey: 330
LCCN: 85012780
Physical Information: 0.62" H x 6" W x 9" (0.9 lbs) 276 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
The essays in Economics as a Process are all concerned with exploring theoretical approaches alternative to the conventional or 'neoclassical' paradigm. Among the schools of thought represented are transaction-cost economics: evolutionary theories: modern 'Austrian' economies: law and economics: reliability theory: and the game-theory approach to the economics of social institutions. The essays are united not by a single topic but by a coherent set of themes - themes best described under the heading of the New Institutional Economics. These include an interest in economic processes as well as in states of equilibrium: a sensitivity to the limits and contours of human rationality: and an emphasis on the various sorts of social institutions that aid and inform economic action. But the essays are not solely methodological or critical. They also include substantive essays that illustrate the New Institutional Economics in practice.