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1985 (2)

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New developments in the analysis of market structure
Authors: ---
ISBN: 0262192411 0262690934 9780262690935 9780262192415 Year: 1985 Publisher: Cambridge (Mass.): MIT press


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Economics of Information and the Theory of Economic Development
Authors: ---
Year: 1985 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Abstract

This paper shows how recent developments in the Economics of Information can provide insights into economic relations in less developed countries, and how they can provide explanations for institutions which, in neoclassical theory, appear anomalous and/or inefficient. Sharecropping and other tenancy relationships in the rural sector and wage determination and urban unemployment are both investigated within this perspective.

Keywords

Economics --- History.

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