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Evolution of Markets and Institutions

Evolution of Markets and Institutions( )
Author: Patibandla, Murali
Series title:Routledge Studies in Development Economics Ser.
ISBN:978-1-280-56677-6
Publication Date:Jan 2005
Publisher:Routledge
Book Format:Ebook
List Price:USD $180.00
Book Description:

The new institutional economics has been one of the most influential schools of thought to emerge in the past quarter century. Taking its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function, it has been developed further by scholars such as Oliver Williamson, Douglas North and their followers, leading to the rich and growing field of the new institutional economics.

This branch of economics stresses the...
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Book Details
Pages:345



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