Evolution of Markets and Institutions: A Study of an Emerging Economy

by Patibandla Murali and Murali Patibandla

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...

• Format: Paperback
• Language: English
• ISBN: 0415494036
• ISBN13: 9780415494038
• Release Date: July 2006
• Publisher: Routledge
• Length: 364 Pages
• Weight: 1.12 lbs.
• Dimensions: 0.8" x 6.1" x 9.2"