The globalisation of supply chains and networks causes traders from all over the world to make transactions with each other. Many transactions are made in world markets where the price is the way in which supply and demand are brought together. Other transactions, however, are m…
"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…
Ding Chen attempts to establish a fresh conceptual framework for the study of corporate governance by employing the new institutional economics of contract enforcement.
"The Political Economy Reader advocates a particular approach to the study of political economy - the "market-institutional" perspective - which emphasizes the ways in which markets are embedded in political and social institutions. This perspective offers a compelling alternati…
"Institutional economics is a sociocultural discipline and policy science which draws on the idea that economies are best understood through an appreciation of history, real-world institutions, and socioeconomic interrelations. This book brings together leading institutionalists…
Contributors -- Acknowledgments -- Introduction / Rosa Congost, Jorge Gelman and Rui Santos -- Migration and accommodation of property rights in the Portuguese Eastern Empire, sixteenth-nineteenth centuries / José Vicente Serrão and Eugénia Rodrigues -- Alternative uses of land …
This book presents the Metaeconomics Framework and Dual Interest Theory, which weave the empathy-based moral and ethical dimension back into key economic questions. Metaeconomics addresses the problem of placing too much emphasis on the market or the government, and thus argues …