Loading…

Toward a comparative institutional analysis /

A conceptual and analytical framework for understanding economic institutions and institutional change. Markets are one of the most salient institutions produced by humans, and economists have traditionally analyzed the workings of the market mechanism. Recently, however, economists and others have...

Full description

Bibliographic Details
Call Number:Libro Electrónico
Main Author: Aoki, Masahiko, 1938-2015
Format: Electronic eBook
Language:Inglés
Published: Cambridge, Mass. : MIT Press, ©2001.
Series:Comparative institutional analysis ; 2.
Subjects:
Online Access:Texto completo
Table of Contents:
  • 1. What Are Institutions? How Should We Approach Them?
  • 1.1. Three Views of Institutions in a Game-Theoretic Perspective.
  • 1.2. Aspects of Institutions: Shared Beliefs, Summary Representations of Equilibrium, and Endogenous Rules of the Game.
  • 1.3. Organization of the Book
  • 2. Customary Property Rights and Community Norms.
  • 2.1. Customary Property Rights as a Self-organizing System.
  • 2.2. Community Norms as a Self-enforcing Solution to the Commons Problem.
  • App. History versus Ecology as a Determinant of a Norm: The Case of Yi Korea
  • 3. Private-Ordered Governance of Trade, Contracts, and Markets.
  • 3.1. Traders' Norms.
  • 3.2. Cultural Beliefs and Self-enforcing Employment Contracts.
  • 3.3. Private Third-Party Governance: The Law Merchant.