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This second edition assesses some of the major refinements, extensions, and useful applications that have developed in neoinstitutionalist thought in recent years. More attention is given to the overlap between the New Institutional Economics and developments in economic history and political science. In addition to updated references, new material includes analysis of parallel developments in the field of economic sociology and its attacks on representatives of the NIE as well as an explanation of the institution-as-an-equilibrium-of-game approach. Already an international best seller, Institutions and Economic Theory is essential reading for economists and students attracted to the NIE approach. Scholars from such disciplines as political science, sociology, and law will find the work useful as the NIE continues to gain wide academic acceptance. A useful glossary for students is included. Eirik Furubotn is Honorary Professor of Economics, Co-Director of the Center for New Institutional Economics, University of Saarland, Germany and Research Fellow, Private Enterprise Research Center, Texas A&M University. Rudolph Richter is Professor Emeritus of Economics and Director of the Center for New Institutional Economics, University of Saarland, Germany.

Institutional economics. --- Social Sciences and Humanities. Economics --- Economics (General). --- Institutional economics --- 330.48 --- AA / International- internationaal --- Economics --- Neo-klassiekers en andere post-keynesiaanse theorieën. Public choice. Institutionalisten. Home economics. Analyseschool van de transactiekosten --- Economics. --- Economic theory --- Political economy --- Social sciences --- Economic man --- Mto Wa Mbu (Tanzania) --- History. --- Social conditions. --- Social life and customs. --- Mto Wa Mbu, Tanzania

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"This book examines current theories of institutional change. The chapters highlight the limitations of these theories. Instead a model emerges of contemporary political economies developing in incremental but cumulatively transformative processes"--Provided by publisher.

Economic policy and planning (general) --- Europe --- Institutional economics --- Organizational change --- Capitalism --- Institutionnalisme --- Changement organisationnel --- Capitalisme --- Case studies. --- Cas, Etudes de --- #SBIB:324H70 --- #SBIB:35H305 --- 316.4 --- AA / International- internationaal --- 321.2 --- 331.31 --- 330.48 --- NBB congres --- -Organizational change --- -Capitalism --- -338.501 --- Market economy --- Economics --- Profit --- Capital --- Change, Organizational --- Organization development --- Organizational development --- Organizational innovation --- Management --- Organization --- Manpower planning --- Politieke verandering: algemeen --- Organisatieleer: organisatieverandering --- Sociale processen --- Economisch beleid van de overheid. --- Economisch beleid. --- Neo-klassiekers en andere post-keynesiaanse theorieën. Public choice. Institutionalisten. Home economics. Analyseschool van de transactiekosten. --- 316.4 Sociale processen --- 338.501 --- Economisch beleid van de overheid --- Neo-klassiekers en andere post-keynesiaanse theorieën. Public choice. Institutionalisten. Home economics. Analyseschool van de transactiekosten --- Economisch beleid --- Institutional change --- Advanced political economies --- E-books --- Institutional economics - Case studies --- Organizational change - Europe - Case studies --- Capitalism - Europe - Case studies --- Organizational change - United States - Case studies --- Capitalism - United States - Case studies

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Law of obligations. Law of contract --- Microeconomics --- Business policy --- Contracts --- Labor market. --- Labor contract. --- Contrats --- Marché du travail --- Contrat de travail --- Economic aspects. --- Aspect économique --- Methodology --- 347.7 --- 331.108 --- 331.109 --- 658.11 --- AA / International- internationaal --- 330.00 --- 330.580 --- 330.48 --- 305.6 --- -346.0201 --- Agreements --- Contract law --- Contractual limitations --- Limitations, Contractual --- Commercial law --- Legal instruments --- Obligations (Law) --- Juristic acts --- Liberty of contract --- Third parties (Law) --- Handelsrecht --- Personeelsorganisatie. Human Resources --- Arbeidsconflicten. Arbeidsgeschillen. Industrial disputes --- Kinds and forms of enterprise --- Economische en sociale theorieën: algemeenheden. --- Gecontroleerde economie. Geleide economie. Welvaarststaat. Algemeenheden. --- Neo-klassiekers en andere post-keynesiaanse theorieën. Public choice. Institutionalisten. Home economics. Analyseschool van de transactiekosten. --- Risicotheorie, speltheorie. Risicokapitaal. Beslissingsmodellen. --- Law and legislation --- Methodology. --- 658.11 Kinds and forms of enterprise --- 331.109 Arbeidsconflicten. Arbeidsgeschillen. Industrial disputes --- 331.108 Personeelsorganisatie. Human Resources --- 347.7 Handelsrecht --- Marché du travail --- Aspect économique --- 346.0201 --- Risicotheorie, speltheorie. Risicokapitaal. Beslissingsmodellen --- Economische en sociale theorieën: algemeenheden --- Neo-klassiekers en andere post-keynesiaanse theorieën. Public choice. Institutionalisten. Home economics. Analyseschool van de transactiekosten --- Gecontroleerde economie. Geleide economie. Welvaarststaat. Algemeenheden --- Contracts - Methodology --- Acqui 2006 --- Méthodologie