Evolution of Markets and Institutions
A Study of an Emerging Economy
Our rough guess is there are 88,000 words in this book.
At a pace averaging 250 words per minute, this book will take 5 hours and 52 minutes to read. With a half hour per day, this will take 12 days to read.
How long will it take you?
This book will take an estimated to read at a reading speed averaging words per minute. With 30 minutes per day, this will take to read.
Enter your reading speedYou can take one of our WPM reading speed tests to find your reading speed.
Create a free account to track your reading progress, build your reading list, and set reading goals.
Word Count
88,000 words, Guess
Page Count
352 pages
Identifiers
- ISBN-139781134299898
- ISBN-101134299893
- Better World Books9781134299898
- Open LibraryOL33624055M
Classifications
- DDC338.9
- LCCHC435.3 .P38 2006
Description
The new institutional economics took its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function. This idea has been developed further by scholars such as Oliver Williamson, Douglas North and their followers, which has led 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.
Subjects
Topics
Places
Times
Other Editions
- Evolution of Markets and Institutions
Similar Books
Condition of Sustainability
Ian Drummond, Terry Marsden
Seeing like a state: how certain schemes to improve the human condition have failed
James C. Scott.
Funeral: Small Bulletin
Robert D. Bullard, Julian Agyeman, Evans, Bob
Environment, Development and Change in Rural Asia-Pacific: Between Local and Global (Routledge Pacific Rim Geographies)
John Connell, Eric Waddell
Reader Reviews
No reviews yet for this book.
Be the first to share your thoughts!