: Claude Ménard, Mary M. Shirley
: Claude Menard, Mary M. Shirley
: Handbook of New Institutional Economics
: Springer-Verlag
: 9783540693055
: 1
: CHF 104.40
:
: Volkswirtschaft
: English
: 884
: Wasserzeichen
: PC/MAC/eReader/Tablet
: PDF

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.

Contents5
Contributors8
Acknowledgements11
Introduction12
The Domain of New Institutional Economics30
1. Institutions and the Performance of Economies Over Time31
2. The Institutional Structure of Production41
3. Transaction Cost Economics50
Political Institutions and the State75
4. Electoral Institutions and Political Competition76
5. Presidential versus Parliamentary Government97
6. Legislative Process and the Mirroring Principle129
7. The Performance and Stability of Federalism: An Institutional Perspective154
Legal Institutions of a Market Economy178
8. The Many Legal Institutions that Support Contractual Commitments179
9. Legal Systems as Frameworks for Market Exchanges208
10. Market Institutions and Judicial Rulemaking232
11. Legal Institutions and Financial Development254
Modes of Governance282
12. A New Institutional Approach to Organization283
13. Vertical Integration321
14. Solutions to Principal-Agent Problems in Firms351
15. The Institutions of Corporate Governance373
16. Firms and the Creation of New Markets402
Contractual Arrangements433
17. The Make-or-Buy Decision: Lessons from Empirical Studies434
18. Agricultural Contracts464
19. The Enforcement of Contracts and Private Ordering490
Regulation511
20. The Institutions of Regulation: An Application to Public Utilities512
21. State Regulation of Open-Access, Common-Pool Resources541
22. Property Rights and the State569
23. Licit and Illicit Responses to Regulation587
Institutional Change605
24. Institutions and Development606
25. Institutional and Non-Institutional Explanations of Economic Differences634
26. Institutions and Firms in Transition Economies661
27. Social Capital, Social Norms and the New Institutional Economics694
28. Commitment, Coercion, and Markets: The Nature and Dynamics of Institutions Supporting Exchange719
Perspectives779
29. Economic Sociology and New Institutional Economics780
30. Doing Institutional Analysis Digging Deeper Than Markets and Hierarchies810
Subject Index840
Author Index858