Rudolf Richter is one of the leading pioneers in the field of the New Institutional Economics in Germany. In addition to general perspectives on the New Institutional Economics, the Festschrift also contains articles on the theory of the firm, economic contract theory, on pricing and competition, macroeconomics and monetary economics and on various aspects of law and economics.
Rudolf Richter is one of the leading pioneers in the field of the New Institutional Economics in Germany. The articles in this Festschrift were written by renowned scholars from Germany and other countries. In addition to general perspectives on the New Institutional Economics, the Festschrift also contains articles on the theory of the firm, economic contract theory, on pricing and competition, macroeconomics and monetary economics and on various aspects of law and economics.
Table of contents:
Contents: Perspectives on the New Institutional Economics Oliver E. Williamson: The Sociology and Economics of Organization: One View of the Dialogue
Claude Ménard: Challenges in New Institutional Economics
Theories of the Firm Eirik G. Furubotn: The New Institutional Economics and the Theory of the Multiobjective Firm
Kenneth E. Scott: Corporate Governance in the New Institutional Economics
Arnold Picot and Marina Fiedler: Property Rights and Openness as Factors of Innovation Contract Theory
Victor P. Goldberg: Risk Management in Long-Term Contracts
Björn Blüml and Werner Neus: Cross-Border Debt Contracts with Weakly Sovereign Debtors
Urs Schweizer: Default Option by Design
Pricing and Competition Arthur S. De Vany and Thomas R. Saving: Priority Pricing When Demand Is Stochastic
Volker Böhm and Jürgen Eichberger: Production Efficiency and Imperfect Competition
Christian Pfeil and Thorsten Posselt: Customer Relationship Management and Price Competition: Comments on the raison d'être of Customer Loyalty Programs
Macroeconomics, Money and Banking Ekkehart Schlicht: Macroeconomic Confusion - A Marshallian Perspective
Ernst Baltensperger: Monopoly and Competition in Money and Credit
Peter Bernholz: Fuzzy and Opaque Public Property Rights
Ulrich Bindseil: Active Portfolio Management by Central Banks: Why and How?
Law and Economics Siegwart Lindenberg: What Sustains Market Societies as Open Access Societies?
Ivo Bayer and Holger Bonus: European Identity and Symbolic Uses of Politics
Wernhard Möschel: Megamergers: Is There Need for New Legislation?
Christian Kirchner: The Development of European Community Law in the Light of New Institutional Economics
Dieter Schmidtchen and Hans-Jörg Schmidt-Trenz: Territoriality of Law and the International Trade Game: Towards a New Institutional Economics of International Transactions
Justus Haucap, Uwe Pauly and Christian Wey: Collective Wage Bargaining in Germany as Viewed Through the Looking Glass of Competition Theory
