Economic Institutions and Complexity
Subtitle: Structures, Interactions, and Emergent Properties (New Horizons in Institutional and Evolutionary Economics Series)
Publisher: Edward Elgar Publishing; Edward Elgar
Published: December 2003
Language: eng
Format: Hardcover
Number of pages: 200
ISBN-13: 9781843760580
Subjects: Economic theory & philosophy; Business & Economics; Business / Economics / Finance; Business/Economics; Economics - General; Consumer Behavior - General; Organizational Behavior; Economics; Evolutionary economics; Institutional economics; Political aspects; Sociological aspects
Description: "This book presents a concept of interactive economic institutions and systems, considered by the author to be a bottleneck to scientific progress. In the author's evaluation of contemporary institutional economics, the focus is on the interaction of complex economic structures in terms of their coordination routines, emergent behavioural characteristics and also their economic performance. Differences of behaviour characteristics and economic performances are explained as consequences of differently structured coordination routines. The book demonstrates that complexity, rather than being part of the problem of institutional analysis, can be made part of the solution." "Economic Institutions and Complexity will appeal to academics and researchers of New Institutional Economics, microeconomics, evolutionary economics, political science, organization sociology and behavioural science."--BOOK JACKET.