Evolution of Markets and Institutions: A Study of an Emerging Economy (Routledge Studies in Development Economics).. This item is unavailable.
Language: English
Published by Routledge., 2006
Series: Book 40 of 173 - Routledge Studies in Development Economics
- First Edition
- Hardcover
- Used
Seller: Universitätsbuchhandlung Herta Hold GmbH, Berlin, GermanyUniversitätsbuchhandlung Herta Hold GmbH
AbeBooks seller since April 9, 2003
Condition: Used
US$ 31.21
Item description from seller
1st ed. 16 x 23 cm. 368 pages. Hardcover. Versand aus Deutschland / We dispatch from Germany via Air Mail. Einband bestoßen, daher Mängelexemplar gestempelt, sonst sehr guter Zustand. Imperfect copy due to slightly bumped cover, apart from this in very good condition. Stamped. Sprache: Englisch.
Seller Inventory # 4391VB
- Title
- Evolution of Markets and Institutions: A Study of an Emerging Economy (Routledge Studies in Development Economics).
- Author
- Patibandla, Murali
- Publisher
- Routledge.
- Publication year
- 2006
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0415339677
- ISBN 13
- 9780415339674
- Edition
- 1st Edition
- Item weight
- 1 gram
- Series
- Book 40 of 173: Routledge Studies in Development Economics
- Seller catalogs
- Varia
The new institutional economics has been one of the most influential schools of thought to emerge in the past quarter century. Taking its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function, it has been developed further by scholars such as Oliver Williamson, Douglas North and their followers, leading to the rich and growing field of the new institutional economics.
This branch of economics stresses the importance of institutions in the functioning of free markets, which include elaborately defined and effectively enforced property rights in the presence of transaction costs, large corporate organizations with agency and hierarchical controls, formal contracts, bankruptcy laws, and regulatory institutions. In this timely volume, Murali Patibandla applies some of the precepts of the new institutional economics to India - one of the world's most promising economies.
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