The Resource Institutional economics : property, competition, policies, Wolfgang Kasper, Manfred E. Streit and Peter J. Boettke

Institutional economics : property, competition, policies, Wolfgang Kasper, Manfred E. Streit and Peter J. Boettke

Label
Institutional economics : property, competition, policies
Title
Institutional economics
Title remainder
property, competition, policies
Statement of responsibility
Wolfgang Kasper, Manfred E. Streit and Peter J. Boettke
Creator
Contributor
Subject
Language
eng
Summary
This thoroughly revised, extended and updated edition of a critically acclaimed textbook provides an accessible and cohesive introduction to the burgeoning discipline of institutional economics. Requiring only a basic understanding of economics, this lucid and well-written text will be essential reading for undergraduate and postgraduate students wanting to understand the problems of the real world - such as entrepreneurship, innovation, the cost of the welfare state, international financial crises, and economic development. As institutional economics is now revolutionizing policymaking, the book can also serve as a guide to the pressing problems facing policymakers in mature and emergent countries alike
Cataloging source
UKMGB
Dewey number
330.1552
Index
index present
Literary form
non fiction
Target audience
adult
Label
Institutional economics : property, competition, policies, Wolfgang Kasper, Manfred E. Streit and Peter J. Boettke
Publication
Bibliography note
Includes bibliographical references and index
http://library.link/vocab/branchCode
  • zbnus
  • mel
Contents
  • Machine generated contents note: 1.Introduction: why institutions matter -- 1.1.Why do institutions matter? -- 1.2.The record of economic growth -- 1.3.Explaining economic growth -- pt. I Foundations -- 2.Definitions: economics, institutions, order and policy -- 2.1.Basic definitions -- 2.2.The precursors of contemporary institutional economics -- 3.Human behaviour -- 3.1.The knowledge problem -- 3.2.Types of behaviour, cognition and bounded rationality: deciphering reality -- 3.3.Motivation: by love, convincing, command, or self-interest -- 3.4.The principal-agent problem -- 4.Fundamental values -- 4.1.Shared, underlying values -- 4.2.Freedom, justice and equity -- 4.3.Security, stability, peace and prosperity -- 4.4.Conservation of the environment -- 5.Institutions: individual rules -- 5.1.Overview: rules and enforcement -- 5.2.Internal institutions -- 5.3.External institutions and the protective function of government -- 5.4.The functions of institutions --
  • Contents note continued: 5.5.The essential properties of effective institutions -- 5.6.The costs of interaction and coordination -- 6.Institutional systems and social order -- 6.1.Social systems and hierarchies of rules -- 6.2.Two kinds of social order -- 6.3.Perceptions of order influence public policy -- 6.4.Rule systems as a central part of culture -- 6.5.Social order and human values: the rule of law -- pt. II Applications -- 7.The institutional foundations of capitalism -- 7.1.Capitalism: property rights and private autonomy -- 7.2.Essential characteristics of property rights -- 7.3.Using property rights: free contracts and transaction costs -- 7.4.Relational contracts, self-enforcement, and the judiciary -- 7.5.The consequences of capitalism -- 7.6.Institutions, which secure the services of money and avert financial crises -- 8.The dynamics of competition -- 8.1.Competition: rivalry and choice -- 8.2.Competition from the suppliers' perspective --
  • Contents note continued: 8.3.Restrictions of economic competition -- 8.4.The competitive system -- 9.Economic organizations -- 9.1.Economic organizations: definition and purposes -- 9.2.Organization costs, relational contracts, and hold-up risks -- 9.3.Ownership and control: the principal-agent problem in business -- 10.Collective action: public policy -- 10.1.Public versus private choice -- 10.2.The functions of government -- 10.3.A liberal model of public policy: order policy -- 10.4.Failures of the social democratic experiment -- 10.5.Political action and rent seeking -- 10.6.Controlling the political agents: authority, rules, openness -- 10.7.Political and economic constitutions -- 11.The international dimension -- 11.1.The growing significance of the international dimension -- 11.2.The institutional framework of international exchanges -- 11.3.Policy issues: international economic order -- 11.4.International monetary arrangements --
  • Contents note continued: 11.5.International migration and cultural integration -- 11.6.Strengthening the open economic order -- 12.The evolution of institutions -- 12.1.Historic reminiscences - the long view on institutional change -- 12.2.Internal institutions: evolution within cultural values and meta rules -- 12.3.Changing the external institutions: political entrepreneurship -- 12.4.Outside challenges: institutional competition -- 12.5.Competitive federalism -- 12.6.The constitution of freedom as a framework for evolution -- 13.Socialism versus capitalism - system transformations -- 13.1.The Soviet experiment and its demise in retrospect -- 13.2.The evolution of socialism in China -- 14.Economic freedom and development -- 14.1.Some growth comparisons -- 14.2.Economic freedom and the consequences -- 14.3.Economic freedom and development -- 14.4.East Asia: institutions and modernization -- 14.5.The spread of reforms --
  • Contents note continued: 14.6.Microeconomic (institutional) reform in mature economies -- 14.7.Western civilization and the p̀rimacy of politics'
Control code
000050142199
Dimensions
25 cm
Edition
2nd ed
Extent
xxii, 578 p.
Form of item
regular print reproduction
Isbn
9781781006627
http://library.link/vocab/recordID
.b26990556
System control number
  • (OCoLC)808498963
  • kt26990556

Library Locations

    • Deakin University Library - Melbourne Burwood CampusBorrow it
      221 Burwood Highway, Burwood, Victoria, 3125, AU
      -37.846510 145.115099
    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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