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Evolution of Markets and Institutions
- A Study of an Emerging Economy
Engelsk
Bogcover for Evolution of Markets and Institutions af Murali Patibandla, 9780415494038
Specifikationer
Sprog:
Engelsk
Sider:
364
ISBN-13:
9780415494038
Indbinding:
Paperback
ISBN-10:
0415494036
Kategori:
Udg. Dato:
30 jan 2009
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
30 jan 2009
Forfatter(e):

Evolution of Markets and Institutions

- A Study of an Emerging Economy
Engelsk
Paperback 2009
Format:

Bog beskrivelse

The new institutional economics has been one of the most influential schools of thought to emerge in the past quarter century.  Taking its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function, it has been developed further by scholars such as Oliver Williamson, Douglas North and their followers, leading to the rich and growing field of the new institutional economics.

This branch of economics stresses the importance of institutions in the functioning of free markets, which include elaborately defined and effectively enforced property rights in the presence of transaction costs, large corporate organizations with agency and hierarchical controls, formal contracts, bankruptcy laws, and regulatory institutions.  In this timely volume, Murali Patibandla applies some of the precepts of the new institutional economics to India - one of the world''s most promising economies.

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Specifikationer
Sprog:
Engelsk
Sider:
364
ISBN-13:
9780415494038
Indbinding:
Paperback
ISBN-10:
0415494036
Kategori:
Udg. Dato:
30 jan 2009
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
30 jan 2009
Forfatter(e):
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