Institutional Economics: An Introduction

by Stefan Voigt

Book Overview

Why is it that some countries become rich while others remain poor? Do markets require regulation to function efficiently? If markets offer an efficient way of exchanging goods, why do individuals even create firms? How are economic transactions organized in the absence of a state that could enforce contracts and guarantee property rights? Institutional economics has allowed social scientists to answer many fundamental questions about the organization...

• Format: Paperback
• Language: English
• ISBN: 1108461085
• ISBN13: 9781108461085
• Release Date: June 2019
• Publisher: Cambridge University Press
• Length: 306 Pages
• Weight: 1.80 lbs.
• Dimensions: 0.6" x 8.4" x 9.0"