1st Edition

The Theory of Transaction in Institutional Economics A History

By Massimiliano Vatiero Copyright 2021
104 Pages 14 B/W Illustrations
by Routledge

104 Pages 14 B/W Illustrations
by Routledge

104 Pages 14 B/W Illustrations
by Routledge

Despite abundant literature on transaction costs, there is little to no in-depth analysis regarding what the transaction is or how it works. Drawing on both Old and New Institutional Economics and on a variety of interdisciplinary sources, this monograph traces the history of the meaning of transaction in institutional economics, mapping its topicality and use over time.... Read more

Preface

The roadmap

1 Mapping the meaning of "transaction"

2 The three dimensions of a transaction

3 The legal dimension of transactions

4 The competitive dimension of transactions

5 The political dimension of transactions

6 Concluding remaorks and one (just one, but remarkable) research proposal

References

Index

 

 

Biography

Massimiliano Vatiero (Ph.D., University of Siena) is an Assistant Professor of Political Economy at the Department of Economics and Management (DEM) of the University of Trento (Italy), and is "Brenno Galli" Chair of Law and Economics at the Law Institute (IDUSI) of the Università della Svizzera Italiana, Switzerland.

"Vatiero’s liberal combination of insights from the old and new institutionalisms is characteristic of what could be called the Siena approach to institutional economics." - David Gindis, University of Hertfordshire, HOPE reviews

"The book and the research direction advanced by the author is in many respects more ambitious and consequential than one is led to believe from the title of the volume, it is not merely history but possibly also the future of the theory of transactions." - Paul Dragos Aligica, Oeconomia