Business & Economics Books:

Evolution and Design of Institutions

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Description

This book comprises nine papers approaching designed institutions and their interplay with spontaneous institutions from various angles. While the evolution of spontaneous institutions is quite well understood in economic thinking, the development of consciously designed institutions has been examined much less. In new institutional economics, public choice, and law and economics the interaction between changing preferences and spontaneously evolving institutions on the one hand and the evolution of designed institutions (as, e.g., legal systems) on the other hand has largely been ignored. A number of top class international contributors have been assembled to study this phenomenon including Viktor Vanberg, Bruno Frey, Elinor Ostrom and Francesco Parisi.

Author Biography:

Christian Schubert is Research Associate at the Max-Planck-Institute of Economics, Jena, Germany. Georg von Wangenheim is Professor of Law and Economics, University of Kassel, Germany.
Release date Australia
November 15th, 2012
Audiences
  • Postgraduate, Research & Scholarly
  • Professional & Vocational
  • Undergraduate
Illustrations
4 Tables, black and white; 14 Line drawings, black and white
Pages
240
Dimensions
156x234x16
ISBN-13
9780415647663
Product ID
20652418

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