Handbook of New Institutional Economics

Editors: Menard, Claude, Shirley, Mary M. (Eds.)

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About this book

New Institutional Economics (NIE) has skyrocketed in scope and influence over the last three decades. This first Handbook of NIE provides a unique and timely overview of recent developments and broad orientations. Contributions analyse the domain and perspectives of NIE; sections on legal institutions, political institutions, transaction cost economics, governance, contracting, institutional change, and more capture NIE's interdisciplinary nature. This Handbook will be of interest to economists, political scientists, legal scholars, management specialists, sociologists, and others wishing to learn more about this important subject and gain insight into progress made by institutionalists from other disciplines. This compendium of analyses by some of the foremost NIE specialists, including Ronald Coase, Douglass North, Elinor Ostrom, and Oliver Williamson, gives students and new researchers an introduction to the topic and offers established scholars a reference book for their research.

Reviews

From the reviews:

The Handbook of New Institutional Economics edited by Claude Menard and Mary Shirley gives an excellent picture of this emerging field. It also addresses the most interesting questions now at the forefront of economic research. - George Akerlof, University of California at Berkeley; Nobel Laureate

Over the last thirty years, a very important influence on the development of economic analysis has been the emphasis on rights to property, their transferability and their implications for economic behavior, especially in relation to the law. It is very valuable to have the material of the "new institutional economics" brought together in a handbook, and especially so when the authors are themselves the leading researchers in the field. I look forward to using the handbook and to seeing its influence on further research. - Kenneth J. Arrow, Stanford University; Nobel Laureate

I would like to recommend this book to economists of both East and West who have been focusing on comparing economic systems for the last decades, who have been examining first the reforms implemented in the communist countries and then the post-socialist transition there, and who have always been aware of the particular importance of institutions. Having read the outstanding and comprehensive essays published in this new Handbook, one can clearly see the close intellectual kinship between the approach used by the scholars studying post-socialist transformation and by the research program of "New Institutional Economics. - Janos Kornai, Collegium Budapest

New institutional economics has been at the forefront of our search for understanding how societies operate and economies change. Until this handbook there has been no single volume explaining the field and exploring its horizons. It contains fascinating essays by the leading scholars in the field that provide an excellent overview of the any facets of NIE. NIE is here to stay and this book provides a comprehensive introduction for those interested in learning more about it. - Vernon Smith, George Mason University; Nobel Laureate

"New Institutional Economics (NIE) has skyrocketed over the last three decades. … This first handbook of NIE provides an overview of recent developments and broad orientations. … This handbook will be of interest to economists, political scientists, legal scholars, management specialists, sociologists, and others wishing to learn more and gain insight into progress made by institutionalists from other disciplines. This compendium of analyses by some of the foremost NIE specialists … raises questions … and supplies scholars with tools for exploring answers to these questions." (Beyond Transition Newsletter, The World Bank, Vol. 16 (3), 2005)


Table of contents (20 chapters)

  • Introduction

    Claude Menard, Mary M. Shirley

    Pages 1-18

  • Institutions and the Performance of Economies Over Time

    Douglass C. North

    Pages 21-30

  • Transaction Cost Economics

    Oliver E. Williamson

    Pages 41-65

  • Presidential versus Parliamentary Government

    John M. Carey

    Pages 91-122

  • The Performance and Stability of Federalism: An Institutional Perspective

    Barry R. Weingast

    Pages 149-172

Buy this book

eBook $229.00
price for USA (gross)
  • ISBN 978-0-387-25092-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $299.00
price for USA
  • ISBN 978-1-4020-2687-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Handbook of New Institutional Economics
Editors
  • Claude Menard
  • Mary M. Shirley
Copyright
2005
Publisher
Springer US
Copyright Holder
Springer-Verlag US
eBook ISBN
978-0-387-25092-2
DOI
10.1007/b106770
Hardcover ISBN
978-1-4020-2687-4
Edition Number
1
Number of Pages
XIV, 884
Topics