Neue Institutionenökonomik

Richter, Rudolf / Furubotn, Eirik G.  Neue Institutionenökonomik. Eine Einführung und kritische Würdigung. Übers. v. Monika Streissler
4., überarb. u. erw. A. 2010. XXIII, 678 pages. NöG

ISBN 978-3-16-150585-0
sewn paper € 49.00

Rudolf Richter, Eirik G. Furubotn

Neue Institutionenökonomik

Eine Einführung und kritische Würdigung
Übers. v. Monika Streissler

[New Institutional Economics. An Introduction and Critical Appreciation. 4th revised edition.]

Published in German.

Apart from the customary update of the literature and the addition of "New Institutional Economics of Finance," the fourth edition also provides an important clarification: The new institutional economics is fundamentally different from a microeconomics supplemented by transaction costs. It is a new way of thinking, which includes not only the frequently quoted transaction costs but also the facts of incomplete foresight and bounded rationality.

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