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About this product
Product Identifiers
PublisherMIT Press
ISBN-100262011875
ISBN-139780262011877
eBay Product ID (ePID)1943676
Product Key Features
Number of Pages560 Pages
Publication NameToward a Comparative Institutional Analysis
LanguageEnglish
Publication Year2001
SubjectGame Theory, Economics / General
TypeTextbook
Subject AreaMathematics, Business & Economics
AuthorMasahiko Aoki
SeriesComparative Institutional Analysis Ser.
FormatHardcover
Dimensions
Item Height1.1 in
Item Weight34.9 Oz
Item Length9.3 in
Item Width7.3 in
Additional Product Features
Intended AudienceTrade
LCCN2001-032633
Dewey Edition21
Grade FromCollege Graduate Student
Series Volume NumberVol. 1
IllustratedYes
Dewey Decimal3330
SynopsisA conceptual and analytical framework for understanding economic institutions and institutional change., A conceptual and analytical framework for understanding economic institutions and institutional change. Markets are one of the most salient institutions produced by humans, and economists have traditionally analyzed the workings of the market mechanism. Recently, however, economists and others have begun to appreciate the many institution-related events and phenomena that have a significant impact on economic performance. Examples include the demise of the communist states, the emergence of Silicon Valley and e-commerce, the European currency unification, and the East Asian financial crises. In this book Masahiko Aoki uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. The wide-ranging discussion considers how institutions evolve, why their overall arrangements are robust and diverse across economies, and why they do or do not change in response to environmental factors such as technological progress, global market integration, and demographic change.