Items related to Toward a Comparative Institutional Analysis

Toward a Comparative Institutional Analysis - Hardcover

Aoki, Masahiko

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9780262011877: Toward a Comparative Institutional Analysis
Hardcover
ISBN 10: 0262011875 ISBN 13: 9780262011877
Publisher: The MIT Press, 2001

Synopsis

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 begun to appreciate the many institution-related events and phenomena that have a significant impact on economic performance. Examples include the demise of the communist states, the emergence of Silicon Valley and e-commerce, the European currency unification, and the East Asian financial crises.

In this book Masahiko Aoki uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. The wide-ranging discussion considers how institutions evolve, why their overall arrangements are robust and diverse across economies, and why they do or do not change in response to environmental factors such as technological progress, global market integration, and demographic change.

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About the Author

Masahiko Aoki is Henri H. and Tomoye Takahashi Professor of Japanese Studies in the Department of Economics at Stanford University.

"About this title" may belong to another edition of this title.

Publisher
The MIT Press
Publication date
2001
Language
English
ISBN 10 
0262011875
ISBN 13 
9780262011877
Binding
Hardcover
Edition number
1
Number of pages
560
Rating
  • 4.09 out of 5 stars
    11 ratings by Goodreads