This volume showcases the impact of the work of Douglass C. North, winner of the Nobel Prize and father of the field of new institutional economics. Leading scholars contribute to a substantive discussion that best illustrates the broad reach and depth of Professor North's work.…
"After ten rounds of playing the prisoners' dilemma game, subjects were given the possibility of eliminating one of the two actions by plurality. Each subject voted on whether to keep all actions, eliminate D, or eliminate C. After voting, the subject participated in ten more ro…
"After ten rounds of playing the prisoners' dilemma game, subjects were given the possibility of eliminating one of the two actions by plurality. Each subject voted on whether to keep all actions, eliminate D, or eliminate C. After voting, the subject participated in ten more ro…
"After ten rounds of playing the prisoners' dilemma game, subjects were given the possibility of eliminating one of the two actions by plurality. Each subject voted on whether to keep all actions, eliminate D, or eliminate C. After voting, the subject participated in ten more ro…
"After ten rounds of playing the prisoners' dilemma game, subjects were given the possibility of eliminating one of the two actions by plurality. Each subject voted on whether to keep all actions, eliminate D, or eliminate C. After voting, the subject participated in ten more ro…
"After ten rounds of playing the prisoners' dilemma game, subjects were given the possibility of eliminating one of the two actions by plurality. Each subject voted on whether to keep all actions, eliminate D, or eliminate C. After voting, the subject participated in ten more ro…
Elgar Advanced Introductions are stimulating and thoughtful introductions to major fields in the social sciences, business and law, expertly written by the world'AEos leading scholars. Designed to be accessible yet rigorous, they offer concise and lucid surveys of the substantiv…
"Elinor Ostrom was the first woman to win the Nobel Prize in economics and her achievement has generated renewed interest in the Bloomington School research program in institutional economics and political economy. These essays showcase Ostrom's extensive and lasting influence t…
Elinor Ostrom was the first female winner of the Nobel Prize in economics and her achievement has generated renewed interest in the Bloomington School research program in institutional economics and political economy. These essays showcase Ostrom's extensive and lasting influenc…
Elinor Ostrom was the first female winner of the Nobel Prize in economics and her achievement has generated renewed interest in the Bloomington School research program in institutional economics and political economy. These essays showcase Ostrom's extensive and lasting influenc…
The basics -- Simple transactions -- Repeated and long-term transactions : on the choice of governance structures with given institutions -- Institutions and collective action -- The relevance of institutions for growth and development -- Explaining differences in external insti…
Why is it that some countries become rich while others remain poor? Do markets require regulation to function efficiently? If markets offer an efficient way of exchanging goods, why do individuals even create firms? How are economic transactions organized in the absence of a sta…