Economic Institutions and Complexity

Structures, Interactions and Emergent Properties

AvKarl-Ernst Schenk

Inbunden, Engelska, 2003

Del i serien New Horizons in Institutional and Evolutionary Economics series

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Beskrivning

This book presents a concept of interactive economic institutions and systems, considered by the author to be a bottleneck to scientific progress. In the author's evaluation of contemporary institutional economics, the focus is on the interaction of complex economic structures in terms of their coordination routines, emergent behavioural characteristics and also their economic performance. Differences of behaviour characteristics and economic performances are explained as consequences of differently structured coordination routines. The book demonstrates that complexity, rather than being part of the problem of institutional analysis, can be made part of the solution.Economic Institutions and Complexity will appeal to academics and researchers of New Institutional Economics, microeconomics, evolutionary economics, political science, organization sociology and behavioural science.

Produktinformation

Utgivningsdatum:2003-10-29
Mått:156 x 234 x undefined mm
Format:Inbunden
Språk:Engelska
Serie:New Horizons in Institutional and Evolutionary Economics series
Förlag:Edward Elgar Publishing Ltd
ISBN:9781843760580

Utforska kategorier

Nationalekonomi inom Ekonomi och Ledarskap

Mer om författaren

The late Karl-Ernst Schenk, formerly Professor Emeritus of Economics, University of Hamburg and Director, ‘Institut für Integrationsforschung’, Europa-Kolleg Hamburg, Germany

Recensioner i media

'. . . the framework Schenk presents in Economic Institutions and Complexity constitutes a significant methodological contribution in providing the institutional approach with desirable first analytical steps to characterize economic systems as complex. The analysis is highly valuable and contributes greatly to achieving a better understanding of institutions and their role in economic systems. The book offers an excellent starting point for institutional economists interested in taking a complexity perspective in their analyses. It is also of interest for economists dissatisfied with current explanations of institutional behavior provided by mainstream approaches.'

Innehållsförteckning

Contents: Preface Introduction Part I: Paradigms and Reasoning 1. Paradigms: Property Rights and Transaction Cost Analysis 2. How to Represent Economic Institutions and Systems Part II: Towards Complex Morphology 3. Systems, Components and Links 4. Coordination Routines: Economic Policy Regimes 5. Coordination Routines: Governance 6. Behaviour and Multi-level Morphology Part III: Analysis of Complex Morphology 7. System Patterns: Dominant Governmental Direction 8. System Patterns: Dominant Regulatory Regimes 9. System Patterns: Dominant Commercial Regimes 10. Conclusion: Complexity, Emergence and Specification Bibliography Index