Всего публикаций в данном разделе: 2
Yeager T.J. Institutions, transition economies and economic development / T.J. Yeager. Boulder, Colo.: Westview Press, 1999. 166 p. (The political economy of global interdependence). [книга]
Опубликовано на портале: 27-10-2003
Why are some nations wealthy while others are desperately poor? Despite the rapid advancement of technology and the free flow of information provided by computers, many poor nations are falling further behind the wealthy nations of the world. Why is it that these poorer nations cannot catch up? Until recently, economic theory provided limited help in answering these questions. But the New Institutional Economics, a rapidly growing body of economic theory, may provide the answers. Timothy Yeager's Institutions, Transition Economies, and Economic Development clearly explains the New Institutional Economics, and applies its tenets to the transition economies of Poland and Russia. Readers will gain a perspective on transition and developing economies that has never been explored before in a single book.
Young H.P. Individual strategy and social structure: An evolutionary theory of institutions / H.P. Young. Princeton; Oxford: Princeton University Press, 2001. 189 p. [книга]
Опубликовано на портале: 21-10-2003
Neoclassical economics assumes that people are highly rational and can reason their way through even the most complex economic problems. In Individual Strategy and Social Structure, Peyton Young argues for a more realistic view in which people have a limited understanding of their environment, are sometimes short-sighted, and occasionally act in perverse ways. He shows how the cumulative experiences of many such individuals coalesce over time into customs, norms, and institutions that govern economic and social life. He develops a theory that predicts how such institutions evolve and characterizes their welfare properties.