书目名称 | New Institutional Dimensions of Economics | 副标题 | Comparative Elaborat | 编辑 | Karl E. Schenk | 视频video | | 丛书名称 | Studies in Contemporary Economics | 图书封面 |  | 描述 | Among economists the recognition of the importance of social and eco 1 nomic institutions has grown during the last ten years. Even be fore the more recent period, however, this trend of thought was 2 clearly noticeable. The origin and formation of institutions was one of the issues which, according to C. MENGER, should playa central 3 role in economics. Nevertheless, this tradition is not reflected in mainstream eco nomics. L. HURWICZ characterizes this failure by observing that "tra ditionally, economic analysis treats the economic system as one of the givens" (1973, p. 1). In this case "system" may be understood in a narrower or in a wider sense comprising only contracts (on markets) or a larger variety of procedures for the co-ordination of economic activities as, for instance, managerial hierarchies. In view of the prominent role of price theory in mainstream economics one would guess that-the system is perceived to comprise mainly contracts as co-ordinating procedures: prices form a constituent part of contracts on markets but not of other co-ordination procedures. This indicates an understanding in the narrow sense. There is an additional and even more convincing argumen | 出版日期 | Book 1988 | 关键词 | economic policy; economic systems; institutional economics; institutions; rational choice | 版次 | 1 | doi | https://doi.org/10.1007/978-3-642-83320-5 | isbn_softcover | 978-3-540-18738-7 | isbn_ebook | 978-3-642-83320-5Series ISSN 1431-8806 | issn_series | 1431-8806 | copyright | Springer-Verlag Berlin Heidelberg 1988 |
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