INSTITUTIONS IN ECONOMICS. THE OLD AND THE NEW INSTITUTIONALISM

RUTHERFORD, M.

ISBN 10: 0521574471 / ISBN 13: 9780521574471

Published by CAMBRIDGE UNIVERSITY PRESS, CAMBRIDGE, 1996

About this Item

RUTHERFORD, M.: INSTITUTIONS IN ECONOMICS. THE OLD AND THE NEW INSTITUTIONALISM. CAMBRIDGE, 1996, xi 225 p. , 344 gr. Encuadernacion original. Nuevo. (1A-4) 344 gr.

Seller Inventory # 23618

Bibliographic Details

• Title: INSTITUTIONS IN ECONOMICS. THE OLD AND THE NEW INSTITUTIONALISM
• Publisher: CAMBRIDGE UNIVERSITY PRESS, CAMBRIDGE
• Publication Date: 1996
• Language: English
• ISBN 10: 0521574471
• ISBN 13: 9780521574471
• Binding: Tapa blanda
• Edition: 1ª edición.
• Condition: New
• Weight: 344 grams
• Book Type: Libro
• Seller catalogs:
  • Pensamiento economico

About this title

Synopsis

This book examines and compares the two major traditions of thought that have attempted to incorporate institutions within economics. These are the "Old" (or American) Institutionalist tradition of Veblen, Mitchell, Commons and Ayres, and the "New" Institutionalism that has developed more recently from neoclassical and Austrian sources. The discussion is organized around a set of key problems involving the use of formal or nonformal analytical methods, individualist or holistic approaches, the respective roles of rational choice and rule following behavior, the relative importance of spontaneous evolution and deliberative design of institutions, and questions relating to the normative appraisal of institutions.

From the Back Cover

This book explores the issues surrounding the use of formal or non-formal analytical methods, individuals or holistic approaches, the respective roles of rational choice and rule-following behavior, the relative importance of the spontaneous evolution and deliberative design of institutions, and questions concerning the normative appraisal of institutions.