Institutional economics is an increasingly important area in the field which also verges into political science and sociology. This concise and lucid textbook, which assumes a basic understanding of neoclassical economics, introduces the key ideas, emphasizing the "new" institutional economics but grounding readers in the traditional perspectives.
ANNETTE VAN DEN BERG is Lecturer of Institutional Economics at Utrecht University.
ANTOON SPITHOVEN is Lecturer of Institutional Economics at Utrecht University.
JOHN GROENEWEGEN is Professor of Institutional Economics at Rotterdam School of Economics of Erasmus University Rotterdam. He is also Professor of Economics of Infrastructures at the Technical University Delft.