Economic institutions and complexity
structures, interactions and emergent properties
- ISBN: 9781843760580
- Editorial: Edward Elgal Publishing Limited
- Fecha de la edición: 2003
- Lugar de la edición: Cheltenham. Reino Unido
- Colección: New Horizons Institutional and Evolutionary Economics
- Encuadernación: Cartoné
- Medidas: 23 cm
- Nº Pág.: 186
- Idiomas: Inglés
Papel: Cartoné
97,40 €
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This work presents a concept of interactive economic institutions and systems, considered by the author to be a bottleneck to scientific progress. In the author's evaluation of contemporary institutional economics, the focus is on the interaction of complex economic structures in terms of their co-ordination routines, emergent behavioural characteristics and also their economic performance. Differences of behaviour characteristics and economic performances are explained as consequences of differently structured co-ordination routines. The book demonstrates that complexity, rather than being part of the problem of institutional analysis, can be made part of the solution
