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Economic Efficiency in a World of Frictions


  • Eirik Furubotn


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Suggested Citation

  • Eirik Furubotn, 1999. "Economic Efficiency in a World of Frictions," European Journal of Law and Economics, Springer, vol. 8(3), pages 179-197, November.
  • Handle: RePEc:kap:ejlwec:v:8:y:1999:i:3:p:179-197 DOI: 10.1023/A:1008713124865

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    References listed on IDEAS

    1. Louis Alessi, 1992. "Efficiency criteria for optimal laws: Objective standards or value judgements?," Constitutional Political Economy, Springer, vol. 3(3), pages 321-342, September.
    2. Stiglitz, Joseph E, 1985. "Information and Economic Analysis: A Perspective," Economic Journal, Royal Economic Society, vol. 95(380a), pages 21-41, Supplemen.
    3. Demsetz, Harold, 1969. "Information and Efficiency: Another Viewpoint," Journal of Law and Economics, University of Chicago Press, vol. 12(1), pages 1-22, April.
    4. Pingle, Mark, 1992. "Costly optimization: an experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 17(1), pages 3-30, January.
    5. John Conlisk, 1996. "Why Bounded Rationality?," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 669-700, June.
    6. repec:mes:jeciss:v:30:y:1996:i:4:p:1212-1216 is not listed on IDEAS
    7. Leibenstein, Harvey, 1985. "On relaxing the maximization postulate," Journal of Behavioral Economics, Elsevier, vol. 14(1), pages 5-20.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Nicolai Foss, 2001. "Bounded Rationality in the Economics of Organization: Present Use and (Some) Future Possibilities," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 5(3), pages 401-425, September.
    2. Furubotn, Eirik G., 2001. "The new institutional economics and the theory of the firm," Journal of Economic Behavior & Organization, Elsevier, vol. 45(2), pages 133-153, June.
    3. Timothy P. Roth, 2014. "Economists and the State," Books, Edward Elgar Publishing, number 15078.


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