This paper traces the origins and the growth implications of one of the most fundamental institutional changes in history. What constituted this change was the emergence of the economic and political corporations in late medieval Europe. quot;Corporationsquot; are defined here, consistent with...

This paper discusses the three approaches within economic history that utilizes micro-economic theory to examine institutions, their nature, change, and efficiency: the Neo-classical Economics approach, the New Institutional Economic History approach, and Historical Institutional Analysis...

This paper discusses the three approaches within economic history that utilizes micro-economic theory to examine institutions, their nature, change, and efficiency: the Neo-classical Economics approach, the New Institutional Economic History approach, and Historical Institutional Analysis...