Title: Evolution and Design of Institutions (Routledge Studies in Global Competition)
Publisher: Routledge 2006-02-23
Publication Date: 2006
Language: English
ISBN 10: 0415375312
ISBN 13: 9780415375313
Binding: Hardcover
Condition: New

About this title

Synopsis

This book comprises nine papers approaching designed institutions and their interplay with spontaneous institutions from various angles.

While the evolution of spontaneous institutions is quite well understood in economic thinking, the development of consciously designed institutions has been examined much less. In new institutional economics, public choice, and law and economics the interaction between changing preferences and spontaneously evolving institutions on the one hand and the evolution of designed institutions (as, e.g., legal systems) on the other hand has largely been ignored.

A number of top class international contributors have been assembled to study this phenomenon including Viktor Vanberg, Bruno Frey, Elinor Ostrom and Francesco Parisi.

About the Author

Christian Schubert is Research Associate at the Max-Planck-Institute of Economics, Jena, Germany.

Georg von Wangenheim is Professor of Law and Economics, University of Kassel, Germany.

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

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