1st Edition
Alternative Institutional Structures Evolution and impact
448 Pages
9 B/W Illustrations
by
Routledge
448 Pages
9 B/W Illustrations
by
Routledge
In the spring on 2006, a workshop was held at Michigan State University to honour the career of A. Allan Schmid and his writings about how institutions evolve and how alternative institutions, including property rights, shape political relationships and impact economic performance. This edited book is the outcome of the workshop. It is a collection of original essays that explores several... Read more
1. Introduction, 2. Simplicity in Institutional Design, Nathan Berg, 3. Institutional Economics as Volitional Pragmatism, Daniel Bromley, 4. The Essence of Economics, Neil K. Komesar, 5. Is Law Facilitating or Taxing Transactions?, Claude Ménard, 6. Institutional Analysis, Elinor Ostrom, 7. Some Problems in Assessing the Evolution and Impact of Institutions, Warren Samuels, 8. Power and the Troublesome Economist, Allan Schmid, 9. Institutions and Rationality, Arild Vatn, 10. Towards a Theory of Induced Institutional Change, Morris Altman, 11. Does Economic Development require Certain Property Rights?, Peter Boettke and Robert Subrick, 12. The Role of Culture and Social Norms in Theories of Institutional Change, Julie Hogeland, 13. Attitudes Matter, Ute-Maria Niederle, 14. Institutional Individualism and Institutional Change, Fernando Toboso, 15. Post-Keynesian Institutionalism and the Anxious Society, Charles Whalen, 16. The Instituted Nature of Market Information, 17. A Dialogue on Institutions, Nicholas Mercuro
Biography
Sandra S. Batie is the Elton R. Smith Professor in Food and Agricultural Policy, Department of Agricultural Economics, Michigan State University and Fellow of the American Agricultural Economics Association. Nicholas Mercuro is Professor of Law in Residence at the Michigan State University College of Law and member of the faculty of MSU’s James Madison College and founder and co-editor of The Economics of Legal Relationships series with Routledge.
