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The New Institutional Economics and Development (eBook, PDF)

Theory and Applications to Tunisia

Redaktion: Nabli, M. K.; Nugent, Jeffrey B.
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The New Institutional Economics (NIE) and its two main branches, namely, the theory of transaction cost and contractual choice on the one hand, and that of collective action on the other, broaden the analytical framework of mainstream economics. In doing so the NIE attempts to explain the institutional phenomena which, although almost universally recognised as important, have previously eluded the group of economists. This book is concerned with the NIE and its possible application to Development Economics. It has two specific objectives. The first is to show the relevance and assess the appli...

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