Die internetgestützten sozialen Medien ermöglichen eine neue Art der direkten Interaktion zwischen Kapitalgebern und Kapitelnehmern, wie bspw. beim Crowdfunding. Grundsätzliche Problemfelder zwischen den Transaktionspartnern, wie Informationsasymmetrien und Transaktionskosten, treten auch bei...

The need to identify the distinctive logic of the nonprofit sector, recently pronounced in the literature, gives rise to the need to substantiate links between the logics of different societal sectors. This paper seeks to identify links between the logics of for-profit and nonprofit sectors from...

Introduction The Argument in Brief -- Economics Is in Scientific Trouble -- An Antique, Unethical, and Badly Measured Behaviorism Doesn't Yield Good Economic Science or Good Politics -- Economics Needs to Get Serious about Measuring the Economy -- The Number of Unmeasured "Imperfections" Is...

What about the six papers included in this special issue? They can all be ascribed to the so-called New Institutional Economics (NIE) as they share those conceptualizations and methods much used now by scholars attending the annual meetings of the International Society for the New Institutional...

In this study, we use meta-analytical techniques to quantitatively synthesize and evaluate the sizeable body of empirical work that has been conducted under the banner of neo-institutional theory. We find strong support for the influence of mimetic pressures on organizational isomorphism, but...

While initially heralded as the magic bullet for development, NGOs have come under increasing criticism for their failure to deliver development as promised. Despite the plethora of new critiques, little systematic work has theorized how NGOs actually operate within the least developed countries...

This book brings together in one place the work of one of our most respected economic theorists, on a field in which he has played a large part in originating: the New Institutional Economics. Transaction cost economics, which studies the governance of contractual relations, is the branch of the...