Institutions, Institutional Change and Economic Performance

Name: Institutions, Institutional Change and Economic Performance
Price: 4.04 USD
Availability: InStock
ISBN: 9780521397346

ISBN-10: 0521397340

ISBN-13: 9780521397346

Edition: 1990

Authors: Randall Calvert, Thrainn Eggertsson, Douglass C. North

List price: $27.99

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Description:

Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of…

Book details

List price: $27.99
Copyright year: 1990
Publisher: Cambridge University Press
Publication date: 10/26/1990
Binding: Paperback
Pages: 159
Size: 6.00" wide x 9.00" long x 0.50" tall
Weight: 0.550
Language: English




Institutions



An introduction to institutions and institutional change



Cooperation: the theoretical problem



The behavioural assumptions in a theory of institutions



A transaction cost theory of exchange



Informal constraints



Formal constraints



Enforcement



Institutions and transaction and transformation costs



Institutional Change



Organizations, learning, and institutional change



Stability and institutional change



The path of institutional change



Economic Performance



Institutions, economic theory, and economic performance



Stablity and change in economic history



Incorporating institutional analysis into economic history: prospects and puzzles