Economics
Eirik G. Furubotn / Rudolf Richter
Neue Institutionenökonomik
Eine Einführung und kritische Würdigung
Übers. v. Monika Streissler
[New Institutional Economics. An Introduction and Critical Appreciation. 4th revised edition.]
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Published in German.
Apart from the customary update of the literature and the addition of »New Institutional Economics of Finance,« the fourth edition also provides an important clarification: The new institutional economics is fundamentally different from a microeconomics supplemented by transaction costs. It is a new way of thinking, which includes not only the frequently quoted transaction costs but also the facts of incomplete foresight and bounded rationality.Different conditions apply to libraries for this title; please contact the sales department.