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The Cost of Institutions.

Argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs. This book demonstrates that these costs are the pressure mechanism that transform production probabilities and the intricacies of human exchange.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Rodriguez, Jacob P.
Otros Autores: Loomis, Steven R.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Palgrave Macmillan, 2007.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:Argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs. This book demonstrates that these costs are the pressure mechanism that transform production probabilities and the intricacies of human exchange.
Descripción Física:1 online resource (209 pages)
ISBN:9780230604797
023060479X