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Patibandla, Murali 作者

Routledge

译者

2006-6 出版日期

320 页数

$ 203.40 价格

HRD

丛书系列

9780415339674 图书编码

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发表于2025-01-04

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Evolution Of Markets And Institutions 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2025

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The new institutional economics has been one of the most influential schools of thought to emerge in the past quarter century. Taking its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function, it has been developed further by scholars such as Oliver Williamson, Douglas North and their followers, leading to the rich and growing field of the new institutional economics. This branch of economics stresses the importance of institutions in the functioning of free markets, which include elaborately defined and effectively enforced property rights in the presence of transaction costs, large corporate organizations with agency and hierarchical controls, formal contracts, bankruptcy laws, and regulatory institutions. In this timely volume, Murali Patibandla applies some of the precepts of the new institutional economics to India - one of the world's most promising economies.

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