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Toward a Comparative Institutional Analysis | 
 enlarge | Author: Masahiko Aoki
Publisher: The MIT Press
Category: Book
List Price: $68.00
Buy New: $54.29
You Save: $13.71 (20%)
New (12) Used (3) from $54.29
Sales Rank: 150507
Media: Hardcover
Edition: 1st
Number Of Items: 1
Pages: 560
Shipping Weight (lbs): 2.1
Dimensions (in): 9 x 7.1 x 1.2
ISBN: 0262011875
Dewey Decimal Number: 3330
EAN: 9780262011877
ASIN: 0262011875
Publication Date: November 30, 2001
Availability: Usually ships in 1-2 business days
Shipping: International shipping available
Condition: Brand new item. Over 3.5 million customers served. Order now. Selling online since 1995. Few left in stock - order soon. Code: M20080813113714T
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Product Description
Markets are one of the most salient institutions produced by humans, and economists have traditionally analyzed the workings of the market mechanism. Recently, however, economists and others have begun to appreciate the many institution-related events and phenomena that have a significant impact on economic performance. Examples include the demise of the communist states, the emergence of Silicon Valley and e-commerce, the European currency unification, and the East Asian financial crises.
In this book Masahiko Aoki uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. The wide-ranging discussion considers how institutions evolve, why their overall arrangements are robust and diverse across economies, and why they do or do not change in response to environmental factors such as technological progress, global market integration, and demographic change.
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