Economic Behavior and Institutions : Principles of Neoinstitutional Economics

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Summary

This book is a comprehensive survey of "neoinstitutional economics," which integrates different economic theories.

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Introduction to the Theory
Generalising neoclassical economics: new tools and concepts
Property rights, agency and economic organisation
Explaining the rules
Property Rights and Economic Outcomes
The economics of exclusive rights
The ownership structure of firms and equilibrium outcomes
Explaining Economic Organisation
The contractual nature of the firm
The logic of economic organisation
Explaining Property Rights
The emergence of property rights
Property rights in stateless societies
The state in neoinstitutional economics
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