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Firms, Markets, and Contracts: Contributions to Neoinstitutional Economics
By Ekkehart Schlicht (editor) and Arnold Picot (editor)
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Bibliographic Detail
Publisher Physica Verlag
Publication date September 1, 1996
Pages 298
Binding Paperback
Book category Adult Non-Fiction
ISBN-13 9783790809473
ISBN-10 3790809470
Dimensions 0.75 by 6.25 by 9.50 in.
Weight 1.15 lbs.
Published in Europe
Original list price $149.00
Summaries and Reviews description: Product Description: Modern institutional economics witnesses a merging of formal and informal strands of theorizing. This development has offered new and vigorous perspectives which avoid both arbitrariness and theoretical sterility. The essays on contract theory gathered here exemplify this development. They propone new results on central issues in contractual theorizing. The theory of the firm in its variegated aspects forms, naturally, the core of the present set of contributions. Issues of ownership, integration, delegation, and finan­ ce are analyzed. Some contributions use the theoretical approach of contract theory to explore other issues, like medical care, public good problems, the economics of crime, environmental economics, and international trade. The contributors are leading young economists. They have participated in one or se­ veral classes of the 'International Summer School on the New Institutional Economics' which has been organized by Rudolf Richter in the years 1988 through 1994 and is now continued by Urs Schweizer. The theoretical style of these contributions has been influ­ enced by this experience. This collection of essays is intended to express the thanks of the contributors to Rudolf Richter. His initiatives for scholarly instruction and for inter­ national exchange of ideas have helped to create and to diffuse the understanding of and the engagement for the new institutional economics in Europe.

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from Physica Verlag (September 1, 1996)
9783790809473 | details & prices | 298 pages | 6.25 × 9.50 × 0.75 in. | 1.15 lbs | List price $149.00
About: Modern institutional economics witnesses a merging of formal and informal strands of theorizing.

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