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Economic, Institutions And Complexity.

Economic, Institutions And Complexity.

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  • ISBN:9781843760580
  • Editorial: Edward Elgar
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  • Nº Pág.:208
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In the authors evaluation of contemporary institutional economics, the focus is on the interaction of complex economic structures in terms of their coordination routines, behavioural characteristics and also their economic performance. Differences of behaviour modes and economic performances are explained as consequences of differently structured coordination routines. The book demonstrates that complexity is not part of the problem of analysis but part of the solution.

Part I: Paradigms and Reasoning 1. Paradigms: Property Rights and Transaction Cost-Analysis 2. How to Represent Economic Institutions and Systems Part II: Towards Complex Morphology 3. Systems, Components and Links 4. Coordination Routines Between Subsystems: Economic Policy Regimes 5. Governance Routines 6. Behaviour and Multi-level Morphology Part III: Analysis of Complex Morphology 7. System Patterns: Dominant Governmental Direction 8. System Patterns: Dominant Regulatory Regimes 9. System Patterns: Dominant Commercial Regimes 10. Conclusion: Some Insights Bibliography Index

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