Institutional economics is a sociocultural discipline and policy science which draws on the idea that economies are best understood through an appreciation of h

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

Commons opened Institutional Economics by declaring: "My point of view is based on my participation in collective activities, from which I here derive a theory

New Institutional Economics (NIE) has skyrocketed in scope and influence over the last three decades. This first Handbook of NIE provides a unique and timely ov

This introduction to institutional economics, follows the history of the field since the early 20th century until the present day. It concentrates on influentia