Economics as a Process by Richard Langlois

Economics as a Process by Richard Langlois

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Summary

The essays in Economics as a Process are all concerned with exploring theoretical approaches alternative to the conventional or 'neoclassical' paradigm. The essays are united not by a single topic but by a coherent set of themes - themes best described under the heading of the New Institutional Economics.

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Economics as a Process by Richard Langlois

The essays in Economics as a Process are all concerned with exploring theoretical approaches alternative to the conventional or 'neoclassical' paradigm. Among the schools of thought represented are transaction-cost economics: evolutionary theories: modern 'Austrian' economies: law and economics: reliability theory: and the game-theory approach to the economics of social institutions. The essays are united not by a single topic but by a coherent set of themes - themes best described under the heading of the New Institutional Economics. These include an interest in economic processes as well as in states of equilibrium: a sensitivity to the limits and contours of human rationality: and an emphasis on the various sorts of social institutions that aid and inform economic action. But the essays are not solely methodological or critical. They also include substantive essays that illustrate the New Institutional Economics in practice.
SKU Unavailable
ISBN 13 9780521378598
ISBN 10 0521378591
Title Economics as a Process
Author Richard Langlois
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 1989-02-24
Number of pages 276
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.