Economic Analysis of Institutions and Systems / by Svetozar Pejovich.
Economic Analysis of Institutions and Systems aims to redirect the study of what was previously referred to as comparative economic systems toward analysis of the history and development of institutions, and the effects of alternative institutional arrangements on economic behavior. To this end, the...
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| Online Access: |
Full Text (via Springer) |
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| Main Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
Dordrecht :
Springer Netherlands,
1995.
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| Series: | International studies in economics and econometrics ;
33. |
| Subjects: |
| Summary: | Economic Analysis of Institutions and Systems aims to redirect the study of what was previously referred to as comparative economic systems toward analysis of the history and development of institutions, and the effects of alternative institutional arrangements on economic behavior. To this end, the book internalizes into a theoretical framework: (i) the effects of alternative institutions on the costs of transactions and incentive structures; (ii) the effects of the costs of transactions and incentives on economic behavior, and (iii) the evidence for refutable implications of those effects. In the process, it provides the logical premises for various institutions from which refutable implications can be deduced. |
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| Physical Description: | 1 online resource (x, 235 pages) |
| ISBN: | 9789401164832 9401164835 |
| ISSN: | 0924-5170 ; |