Institutional Foundations Of Impersonal Exchange

Author : Benito Arruñada
Publisher : University of Chicago Press
ISBN 13 : 0226028321
Total Pages : 317 pages
Book Rating : 4.23/5 ( download)

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Download or read book Institutional Foundations of Impersonal Exchange written by Benito Arruñada and published by University of Chicago Press. This book was released on 2012-08-24 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: With its nuanced presentation of the theoretical and practical implications, this book expands our understanding of how property rights work in today's world.

Author : Avner Greif
Publisher : Cambridge University Press
ISBN 13 : 9780521480444
Total Pages : 536 pages
Book Rating : 4.42/5 ( download)

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Download or read book Institutions and the Path to the Modern Economy written by Avner Greif and published by Cambridge University Press. This book was released on 2006-01-16 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description

Author : Douglass C. North
Publisher : Cambridge University Press
ISBN 13 : 9780521397346
Total Pages : 164 pages
Book Rating : 4.40/5 ( download)

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Download or read book Institutions, Institutional Change and Economic Performance written by Douglass C. North and published by Cambridge University Press. This book was released on 1990-10-26 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.

Author : Douglass Cecil North
Publisher : Cambridge University Press
ISBN 13 : 0521761735
Total Pages : 345 pages
Book Rating : 4.34/5 ( download)

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Download or read book Violence and Social Orders written by Douglass Cecil North and published by Cambridge University Press. This book was released on 2009-02-26 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book integrates the problem of violence into a larger framework, showing how economic and political behavior are closely linked.

Author : Mary C. Brinton
Publisher : Stanford University Press
ISBN 13 : 9780804742764
Total Pages : 352 pages
Book Rating : 4.66/5 ( download)

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Download or read book The New Institutionalism in Sociology written by Mary C. Brinton and published by Stanford University Press. This book was released on 2001 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutions play a pivotal role in structuring economic and social transactions, and understanding the foundations of social norms, networks, and beliefs within institutions is crucial to explaining much of what occurs in modern economies. This volume integrates two increasingly visible streams of research—economic sociology and new institutional economics—to better understand how ties among individuals and groups facilitate economic activity alongside and against the formal rules that regulate economic processes via government and law. Reviews "This volume is a welcome addition to the expanding literature on institutional analysis. . . . Besides sociologists, we are afforded the pleasure of contributions from anthropologists, economists, historians, political scientists, and scholars located in schools of law and education. . . . One of the pleasures of the volume is the wide range of topics, times, and locales addressed by the authors. . . . In all these diverse situations, the application of institutional queries and approaches enhances our understanding and appreciation of the endlessly rich and diverse nature of social life."—Contemporary Society "This admirable book makes a strong contribution to institutional theory, has many excellent chapters . . . and is a model for interdisciplinary exchange and cross-fertilization. . . . It is dense with interesting ideas and points for debate, and I heartily recommend it."—Sociological Research Online

Author : James E. Rauch
Publisher : Russell Sage Foundation
ISBN 13 : 1610444671
Total Pages : 357 pages
Book Rating : 4.75/5 ( download)

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Download or read book Networks and Markets written by James E. Rauch and published by Russell Sage Foundation. This book was released on 2001-06-21 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Networks and Markets argues that economists' knowledge of markets and sociologists' rich understanding of networks can and should be combined. Together they can help us achieve a more coherent view of economic life, where transactions follow both the logic of economic incentives and the established channels of personal relationships. Market exchange is impersonal, episodic, and carried out at arm's length. All that matters is how much the seller is asking, and how much the buyer is offering. An economic network, by contrast, is based upon more personalized and enduring relationships between people tied together by more than just price. Networks and Markets focuses on how the two concepts relate to each other: Are social networks an essential precondition for successful markets, or do networks arise naturally out of markets, as faceless traders build reputations and gain confidence in each other? The book includes contributions by both sociologists and economists, applying the concepts of markets and networks to concrete empirical phenomena. Among the topics analyzed, the book explains how, in Taiwan, South Korea, and Japan, firms combine into tightly-knit business blocs, how wholesalers in a Marseille fish market earn the loyalty of customers, and how ethnic retailers in the U.S. share valuable market information with other shopkeepers from their ethnic group. A response to each chapter discusses the issue from the standpoint of the other discipline. Sociologists are challenged to go beyond small-scale economic exchange and to integrate their concept of networks into a broader understanding of the economic system as a whole, while economists are challenged to consider the economic implications of network ties, which can be strong or weak, unconditional or highly contingent. This book proves that both economics and sociology provide stronger insights when they study markets and networks as parallel forms of exchange. But it also clarifies the healthy division of labor that remains between the two disciplines. Sociologists are adept at showing how markets are framed by social institutions; economists specialize in explaining how markets perform, taking the social context as a given. Networks and Markets showcases what each discipline does best and reveals where each discipline would do better by borrowing from the other.

Author : Claude Ménard
Publisher : Springer Science & Business Media
ISBN 13 : 354069305X
Total Pages : 875 pages
Book Rating : 4.55/5 ( download)

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Download or read book Handbook of New Institutional Economics written by Claude Ménard and published by Springer Science & Business Media. This book was released on 2008-06-27 with total page 875 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Institutional Economics (NIE) has skyrocketed in scope and influence over the last three decades. This first Handbook of NIE provides a unique and timely overview of recent developments and broad orientations. Contributions analyse the domain and perspectives of NIE; sections on legal institutions, political institutions, transaction cost economics, governance, contracting, institutional change, and more capture NIE's interdisciplinary nature. This Handbook will be of interest to economists, political scientists, legal scholars, management specialists, sociologists, and others wishing to learn more about this important subject and gain insight into progress made by institutionalists from other disciplines. This compendium of analyses by some of the foremost NIE specialists, including Ronald Coase, Douglass North, Elinor Ostrom, and Oliver Williamson, gives students and new researchers an introduction to the topic and offers established scholars a reference book for their research.

Author : Avner Greif
Publisher : Princeton University Press
ISBN 13 : 0691210624
Total Pages : 438 pages
Book Rating : 4.29/5 ( download)

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Download or read book Institutions, Innovation, and Industrialization written by Avner Greif and published by Princeton University Press. This book was released on 2020-05-26 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together a group of leading economic historians to examine how institutions, innovation, and industrialization have determined the development of nations. Presented in honor of Joel Mokyr—arguably the preeminent economic historian of his generation—these wide-ranging essays address a host of core economic questions. What are the origins of markets? How do governments shape our economic fortunes? What role has entrepreneurship played in the rise and success of capitalism? Tackling these and other issues, the book looks at coercion and exchange in the markets of twelfth-century China, sovereign debt in the age of Philip II of Spain, the regulation of child labor in nineteenth-century Europe, meat provisioning in pre–Civil War New York, aircraft manufacturing before World War I, and more. The book also features an essay that surveys Mokyr's important contributions to the field of economic history, and an essay by Mokyr himself on the origins of the Industrial Revolution. In addition to the editors, the contributors are Gergely Baics, Hoyt Bleakley, Fabio Braggion, Joyce Burnette, Louis Cain, Mauricio Drelichman, Narly Dwarkasing, Joseph Ferrie, Noel Johnson, Eric Jones, Mark Koyama, Ralf Meisenzahl, Peter Meyer, Joel Mokyr, Lyndon Moore, Cormac Ó Gráda, Rick Szostak, Carolyn Tuttle, Karine van der Beek, Hans-Joachim Voth, and Simone Wegge.

Author : William D. Ferguson
Publisher : Stanford University Press
ISBN 13 : 0804785562
Total Pages : 447 pages
Book Rating : 4.63/5 ( download)

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Download or read book Collective Action and Exchange written by William D. Ferguson and published by Stanford University Press. This book was released on 2013-07-10 with total page 447 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Collective Action and Exchange: A Game-Theoretic Approach to Contemporary Political Economy, William D. Ferguson presents a comprehensive political economy text aimed at advanced undergraduates in economics and graduate students in the social sciences. The text utilizes collective action as a unifying concept, arguing that collective-action problems lie at the foundation of market success, market failure, economic development, and the motivations for policy. Ferguson draws on information economics, social preference theory, cognition theory, institutional economics, as well as political and policy theory to develop this approach. The text uses classical, evolutionary, and epistemic game theory, along with basic social network analysis, as modeling frameworks. These models effectively bind the ideas presented, generating a coherent theoretic approach to political economy that stresses sometimes overlooked implications.

Author : Paul J. Zak
Publisher : Princeton University Press
ISBN 13 : 1400837367
Total Pages : 387 pages
Book Rating : 4.66/5 ( download)

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Download or read book Moral Markets written by Paul J. Zak and published by Princeton University Press. This book was released on 2010-12-16 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like nature itself, modern economic life is driven by relentless competition and unbridled selfishness. Or is it? Drawing on converging evidence from neuroscience, social science, biology, law, and philosophy, Moral Markets makes the case that modern market exchange works only because most people, most of the time, act virtuously. Competition and greed are certainly part of economics, but Moral Markets shows how the rules of market exchange have evolved to promote moral behavior and how exchange itself may make us more virtuous. Examining the biological basis of economic morality, tracing the connections between morality and markets, and exploring the profound implications of both, Moral Markets provides a surprising and fundamentally new view of economics--one that also reconnects the field to Adam Smith's position that morality has a biological basis. Moral Markets, the result of an extensive collaboration between leading social and natural scientists, includes contributions by neuroeconomist Paul Zak; economists Robert H. Frank, Herbert Gintis, Vernon Smith (winner of the 2002 Nobel Prize in economics), and Bart Wilson; law professors Oliver Goodenough, Erin O'Hara, and Lynn Stout; philosophers William Casebeer and Robert Solomon; primatologists Sarah Brosnan and Frans de Waal; biologists Carl Bergstrom, Ben Kerr, and Peter Richerson; anthropologists Robert Boyd and Michael Lachmann; political scientists Elinor Ostrom and David Schwab; management professor Rakesh Khurana; computational science and informatics doctoral candidate Erik Kimbrough; and business writer Charles Handy.