Bokus
Karl-Ernst Schenk - Economic Institutions and Complexity, Inbunden

Inbunden, Engelska, 2003

Economic Institutions and Complexity

Structures, Interactions and Emergent Properties

Av Karl-Ernst Schenk

Del i serien New Horizons in Institutional and Evolutionary Economics series

1792 kr

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

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'. . . 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.'

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