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Recent years have seen the development of new theories of market failure based on asymmetric information and network effects. According to the new paradigm, we can expect substantial failure in the markets for labor, credit, insurance, software, new technologies and even used cars, to give but a...
Persistent link: https://www.econbiz.de/10011850972
comprehensive economic theory encompassing industry, the public sector and financial markets …
Persistent link: https://www.econbiz.de/10011851025
Theory of Public Entrepreneurship', European Management Review, 7(1): 1-15. -- McMillan, John, and Christopher Woodruff (2002 …. -- Olson, Mancur (1965), The Logic of Collective Action: Public Goods and the Theory of Groups, Cambridge, MA: Harvard …, Chicago, IL. -- Schumpeter, Joseph A. (1934), The Theory of Economic Development, Cambridge, MA: Harvard University Press …
Persistent link: https://www.econbiz.de/10011852265
"This book of selected essays presents constructive analyses of vital economic problems confronting the United States since the 1970s, giving special attention to challenges facing working families. The analyses, produced by Charles Whalen over three decades, address the causes and consequences...
Persistent link: https://www.econbiz.de/10013400371
systems, supply chains and business organizations. Using economic and institutional theory, the book presents a vision for …
Persistent link: https://www.econbiz.de/10013462760
Knowledge, Social Institutions and the Division of Labour gives rise to a new and richer institutional analysis of the economy centred around the analysis of language, the division of labour and social knowledge. It is in this perspective that the economic analysis of institutions comes to be...
Persistent link: https://www.econbiz.de/10014473860
The rise of the institutionalist and evolutionary approaches in economics has posed a serious intellectual challenge to the dominant neo-classical paradigm. This book draws together leading scholars in the fields of institutional and evolutionary economics who apply cutting-edge research to one...
Persistent link: https://www.econbiz.de/10014473878
theory to be consistent with the mechanisms which guide the workings of the human mind. The author begins by presenting an …
Persistent link: https://www.econbiz.de/10014473882
This book uses an institutional-evolutionary approach to analyse economic problems associated with developments in capitalism during the second half of the twentieth century. It argues that economics should centre on institutions - the durable fabric of the economy over time. Drawing on the...
Persistent link: https://www.econbiz.de/10014473904
This ambitious book presents a conceptual framework for an institutional approach to economic change and economic transformation. It sheds important light on two basic concepts: social complexity and interactive governance. The first part of the book develops the theoretical foundations for...
Persistent link: https://www.econbiz.de/10014473919