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Toward a comparative institutional analysis

Author: 青木, 昌彦 (1938-) ; Masahiko Aoki
Publisher: Cambridge, Mass. : MIT Press, ©2001.
Series: Comparative institutional analysis, 2.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
This title uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. It considers how institutions evolve and why their overall arrangements are robust and diverse across economies.
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Document Type: Book
All Authors / Contributors: 青木, 昌彦 (1938-) ; Masahiko Aoki
ISBN: 0262011875 9780262011877
OCLC Number: 46929292
Description: xi, 467 p. : ill. ; 24 cm.
Contents: 1. What Are Institutions? How Should We Approach Them? 1.1. Three Views of Institutions in a Game-Theoretic Perspective. 1.2. Aspects of Institutions: Shared Beliefs, Summary Representations of Equilibrium, and Endogenous Rules of the Game. 1.3. Organization of the Book --
2. Customary Property Rights and Community Norms. 2.1. Customary Property Rights as a Self-organizing System. 2.2. Community Norms as a Self-enforcing Solution to the Commons Problem. App. History versus Ecology as a Determinant of a Norm: The Case of Yi Korea --
3. Private-Ordered Governance of Trade, Contracts, and Markets. 3.1. Traders' Norms. 3.2. Cultural Beliefs and Self-enforcing Employment Contracts. 3.3. Private Third-Party Governance: The Law Merchant.
Series Title: Comparative institutional analysis, 2.
Responsibility: Masahiko Aoki.

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A conceptual and analytical framework for understanding economic institutions and institutional change.  Read more...

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"Good economic theory mixes rigorous mathematical reasoning with intuitive motivations and stories, which can make the task of presenting or evaluating cutting-edge research a treacherous balancing Read more...

 
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