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Advanced Introduction to New Institutional Economics

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  • Claude Ménard

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, UP1 UFR02 - Université Paris 1 Panthéon-Sorbonne - École d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne)

  • Mary M. Shirley

    (RCI - Ronald Coase Institute - Ronald Coase Institute)

Abstract

New institutional economics (NIE) is a powerful tool for understanding real world phenomena. This Advanced Introduction explores NIE's answers to fundamental questions about the organization, growth and development of economies, such as why are some countries rich and others poor? Why are activities organized as firms or markets or through alternative organizational solutions? When are shared resources overexploited?

Suggested Citation

  • Claude Ménard & Mary M. Shirley, 2022. "Advanced Introduction to New Institutional Economics," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03276076, HAL.
    • Handle: RePEc:hal:cesptp:hal-03276076
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    Cited by:

    1. Claude Ménard, 2022. "Disentangling institutions: a challenge," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 10(1), pages 1-3, December.

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