BN.com Gift Guide

Economic Analysis of Institutions and Systems / Edition 2

Hardcover (Print)
Used and New from Other Sellers
Used and New from Other Sellers
from $39.85
Usually ships in 1-2 business days
(Save 80%)
Other sellers (Hardcover)
  • All (9) from $39.85   
  • New (2) from $187.45   
  • Used (7) from $16.73   

Overview

The purpose of this book is to redirect study of what are called comparative economic systems toward analysis of the development of institutions and the effects of alternative institutional arrangements on economic performance. To that end, the book internalizes into a theoretical framework

• the effects of alternative property rights on the costs of transactions and incentives structures,
• the effects of the costs of transactions and incentives on economic behavior, and
• the evidence for refutable implications of those effects.
Read More Show Less

Editorial Reviews

Booknews
Pejovich (economics, Texas A&M U.) has pioneered the application of insights from property rights analysis and the institutional economics to non-capitalist economic systems. Here he redirects the study of what are called comparative economic systems toward analyzing the development of institutions and the effects of alternative institutional arrangements on economic performance. He internalizes into a theoretical framework the effects of alternative property rights on the costs of transactions and incentives structures, the effects of transaction costs and incentives on economic behavior, and the evidence for refutable implications of those effects. His ultimate goal is to demonstrate why capitalism is superior to any other economic form. No date is mentioned for the first edition. No subject index. Annotation c. by Book News, Inc., Portland, Or.
From the Publisher
'... this book makes a great contribution to understanding and comparing economic systems. It is an important basis for building a new approach to the comparison of different economic systems and my hope is that it will contribute to the development of the analytical debate among comparativistsend.'
Economic Systems, 23:3 (1999)
Read More Show Less

Product Details

Table of Contents

Foreword
Preface
Pt. 1 The Framework for Economic Analysis 1
Ch. 1 Important Concepts in Economics 3
Ch. 2 The Coase Theorem and Transaction Costs 9
Pt. 2 Institutions, Property Rights, and Systems 21
Ch. 3 Institutions 23
Ch. 4 Law and Institutions 39
Ch. 5 Property Rights 57
Ch. 6 Capitalism and Socialism 71
Pt. 3 Property Rights, Exchange, and Production 95
Ch. 7 Private Property Rights, Exchange and Production 97
Ch. 8 Restrictions on Ownership, Exchange, and Production 111
Ch. 9 Free-Market Economies, the State, and Policy-Making 123
Ch. 10 Property Rights in Socialism, Exchange and Production 139
Ch. 11 Trade (Exchange), and Growth Under Different Institutional Arrangements 151
Pt. 4 Property Rights and Business Firms 165
Ch. 12 The Firm and Contracts 167
Ch. 13 Capitalist Firms 181
Ch. 14 Socialism: The Labor-Managed Firm 195
Ch. 15 Property Rights, Business Firms and Innovation 207
Index 215
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)