The evolution of economic institutions : a critical reader
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Bibliographic Information
The evolution of economic institutions : a critical reader
E. Elgar, c2007
- : cased
- : pbk
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Note
"European Association for Evolutionary Political Economy"--Cover of pbk. ed
"In association with the European Association for Evolutionary Political Economy"
Includes bibliographical references (p. 252-288) and index
Description and Table of Contents
Description
It is now widely acknowledged that institutions are a crucial factor in economic performance. Major developments have been made in our understanding of the nature and evolution of economic institutions in the last few years. This book brings together some key contributions in this area by leading internationally renowned scholars including Paul A. David, Christopher Freeman, Alan P. Kirman, Jan Kregel, Brian J. Loasby, J. Stanley Metcalfe, Bart Nooteboom and Ugo Pagano.
This essential reader covers topics such as the relationship between institutions and individuals, institutions and economic development, the nature and role of markets, and the theory of institutional evolution. The book not only outlines cutting-edge developments in the field but also indicates key directions of future research for institutional and evolutionary economics.
Vital reading on one of the most dynamic and rapidly growing areas of research today, The Evolution of Economic Institutions will be of great interest to researchers, students and lecturers in economics and business studies.
Table of Contents
Contents:
Preface
1. Introduction
Geoffrey M. Hodgson
PART I: INDIVIDUALS, INTERACTIONS AND INSTITUTIONS
2. Bounded Rationality and Institutionalism
Ugo Pagano
3. Individual and Aggregate Behaviour: Of Ants and Men
Alan P. Kirman
4. Governance of Transactions: A Strategic Process Model
Bart Nooteboom
PART II: ECONOMIC DEVELOPMENT AND PATH DEPENDENCE
5. The Political Economy of the Long Wave
Christopher Freeman
6. Instituted Economic Processes, Increasing Returns and Endogenous Growth
J. Stanley Metcalfe
7. Path Dependence, its Critics, and the Quest for 'Historical Economics'
Paul A. David
PART III: THE MARKET IN ECONOMIC THOUGHT
8. Financial Markets and Economic Development: Myth and Institutional Reality
Jan Kregel
9. The Meaning of the Market: Comparing Austrian and Institutional Economics
Philippe Dulbecco and Veronique Dutraive
PART IV: COMPARATIVE EVOLUTIONARY PERSPECTIVES
10. Uncertainty, Intelligence and Imagination: George Shackle's Guide to Human Progress
Brian J. Loasby
11. Evolutionary Themes in the Austrian Tradition: Menger, von Wieser and Schumpeter on Institutions and Rationality
Richard Arena and Sandye Gloria-Palermo
12. The Relevance Today of Edith Penrose's Theory of the Growth of the Firm
Margherita Turvani
12. The Naturalist View of Universal Darwinism: An Application to the Evolutionary Theory of the Firm
J.W. Stoelhorst
Bibliography
Index
by "Nielsen BookData"