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La nueva economía institucional y la teoría de la implementación

Author

Listed:
  • Ernesto Cárdenas

    () (Universidad Externado de Colombia)

  • Jair Ojeda

    () (Banco de la República)

Abstract

This paper shows how some of the most important concepts of the New Institutional Economics (NIE) can be expressed in terms of Implementation Theory (IT). First, it explains some of the expressions used by the NIE, such as institutions, transaction costs, property rights and methodological individualism. Afterwards, it gives a wide definition of the IT in order to establish correspondences between both theories.

Suggested Citation

  • Ernesto Cárdenas & Jair Ojeda, 2002. "La nueva economía institucional y la teoría de la implementación," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 4(6), pages 153-169, January-J.
  • Handle: RePEc:rei:ecoins:v:4:y:2002:i:6:p:153-169
    as

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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/ecardenas6.pdf
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    References listed on IDEAS

    as
    1. Tjalling C. Koopmans, 1963. "On the Concept of Optimal Economic Growth," Cowles Foundation Discussion Papers 163, Cowles Foundation for Research in Economics, Yale University.
    2. Farrell, Joseph, 1987. "Information and the Coase Theorem," Journal of Economic Perspectives, American Economic Association, vol. 1(2), pages 113-129, Fall.
    3. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66, pages 467-467.
    4. Coase, R H, 1992. "The Institutional Structure of Production," American Economic Review, American Economic Association, vol. 82(4), pages 713-719, September.
    5. Macho-Stadler, Ines & Perez-Castrillo, J. David, 2001. "An Introduction to the Economics of Information: Incentives and Contracts," OUP Catalogue, Oxford University Press, edition 2, number 9780199243273.
    6. Martin J. Osborne & Ariel Rubinstein, 1994. "A Course in Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650401, January.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    New Institutional Economics; Implementation Theory; transaction costs; property rights; methodological individualism;

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary
    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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