The decline and rise of institutions: a modern survey of the Austrian contribution to the economic analysis of institutions
Institutions are the formal or informal 'rules of the game' that facilitate economic, social, and political interactions. These include such things as legal rules, property rights, constitutions, political structures, and norms and customs. The main theoretical insights from Austrian econo...
Gespeichert in:
Hauptverfasser: | , , |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Cambridge
Cambridge University Press
2017
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Schriftenreihe: | Elements in Austrian Economics
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Online-Zugang: | BSB01 UBG01 Volltext |
Zusammenfassung: | Institutions are the formal or informal 'rules of the game' that facilitate economic, social, and political interactions. These include such things as legal rules, property rights, constitutions, political structures, and norms and customs. The main theoretical insights from Austrian economics regarding private property rights and prices, entrepreneurship, and spontaneous order mechanisms play a key role in advancing institutional economics. The Austrian economics framework provides an understanding for which institutions matter for growth, how they matter, and how they emerge and can change over time. Specifically, Austrians have contributed significantly to the areas of institutional stickiness and informal institutions, self-governance and self-enforcing contracts, institutional entrepreneurship, and the political infrastructure for development |
Beschreibung: | 1 Online-Ressource (50 Seiten) |
ISBN: | 9781108186179 |
DOI: | 10.1017/9781108186179 |
Internformat
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Datensatz im Suchindex
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author | Palagashvili, Liya Piano, Ennio Skarbek, David |
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spelling | Palagashvili, Liya Verfasser aut The decline and rise of institutions a modern survey of the Austrian contribution to the economic analysis of institutions Liya Palagashvili, Ennio Piano, David Skarbek The Decline & Rise of Institutions Cambridge Cambridge University Press 2017 1 Online-Ressource (50 Seiten) txt rdacontent c rdamedia cr rdacarrier Elements in Austrian Economics Institutions are the formal or informal 'rules of the game' that facilitate economic, social, and political interactions. These include such things as legal rules, property rights, constitutions, political structures, and norms and customs. The main theoretical insights from Austrian economics regarding private property rights and prices, entrepreneurship, and spontaneous order mechanisms play a key role in advancing institutional economics. The Austrian economics framework provides an understanding for which institutions matter for growth, how they matter, and how they emerge and can change over time. Specifically, Austrians have contributed significantly to the areas of institutional stickiness and informal institutions, self-governance and self-enforcing contracts, institutional entrepreneurship, and the political infrastructure for development Piano, Ennio (DE-588)1175435171 aut Skarbek, David (DE-588)137632916 aut Erscheint auch als Druck-Ausgabe 9781316649176 Erscheint auch als Druck-Ausgabe, paperback https://doi.org/10.1017/9781108186179 Verlag kostenfrei Volltext |
spellingShingle | Palagashvili, Liya Piano, Ennio Skarbek, David The decline and rise of institutions a modern survey of the Austrian contribution to the economic analysis of institutions |
title | The decline and rise of institutions a modern survey of the Austrian contribution to the economic analysis of institutions |
title_alt | The Decline & Rise of Institutions |
title_auth | The decline and rise of institutions a modern survey of the Austrian contribution to the economic analysis of institutions |
title_exact_search | The decline and rise of institutions a modern survey of the Austrian contribution to the economic analysis of institutions |
title_full | The decline and rise of institutions a modern survey of the Austrian contribution to the economic analysis of institutions Liya Palagashvili, Ennio Piano, David Skarbek |
title_fullStr | The decline and rise of institutions a modern survey of the Austrian contribution to the economic analysis of institutions Liya Palagashvili, Ennio Piano, David Skarbek |
title_full_unstemmed | The decline and rise of institutions a modern survey of the Austrian contribution to the economic analysis of institutions Liya Palagashvili, Ennio Piano, David Skarbek |
title_short | The decline and rise of institutions |
title_sort | the decline and rise of institutions a modern survey of the austrian contribution to the economic analysis of institutions |
title_sub | a modern survey of the Austrian contribution to the economic analysis of institutions |
url | https://doi.org/10.1017/9781108186179 |
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