In the late 1980s, the field of comparative economics and NATO faced a similar problem: the threat of obsolescence. A predictable reaction of those who had made

Economic Analysis of Institutions and Systems aims to redirect the study of what was previously referred to as comparative economic systems toward analysis of t

An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis

This book uses game theory to analyse the creation, evolution and function of economic and social institutions. The author illustrates his analysis by describin

This second edition assesses some of the major refinements, extensions, and useful applications that have developed in neoinstitutionalist thought in recent yea