Institutional economics at the micro level? What transaction costs theory could learn from Original Institutionalism (in the spirit of building ... An article from: Journal of Economic Issues
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This digital document is an article from Journal of Economic Issues, published by Association for Evolutionary Economics on June 1, 1999. The length of the article is 5106 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Original Institutional Economics (OIE) normally criticizes the lack of concern and power in transaction costs theory (TCT). The consolidation of the liberal agenda and the assumption of market primacy disregarded the theories of OIE as a means of renewing the economic mainstream. Later, OIE was considered back into the fold of economic scholars and gave a special attention on the importance of history in economic thought. TCT scholars followed suit.
Citation Details Title: Institutional economics at the micro level? What transaction costs theory could learn from Original Institutionalism (in the spirit of building bridges).(Papers from the 1999 AFEE Meeting) Author: Huascar F. Pessali Publication:Journal of Economic Issues (Refereed) Date: June 1, 1999 Publisher: Association for Evolutionary Economics Volume: 33 Issue: 2 Page: 265(1)