Essays on New Institutional Economics

Essays on New Institutional Economics

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This collection of essays comprises some of Rudolf Richtera€™s important contributions to research on New Institutional Economics (NIE). It deals with the central idea, principles, and methodology of New Institutional Economics and explores its relation to sociology and law. Other chapters examine applications of NIE to various microeconomic and macroeconomic issues in the face of uncertainty, from entrepreneurship to the euro crisis.Competition policy, for example, seems to be left to banking regulators (like in case of the European Libor scandal of 2013 that was fined by the EU). To a degree, the a€œtoo-big-to-faila€ problem may bear the brunta€”a problem that could be anbsp;...

Title:Essays on New Institutional Economics
Author:Rudolf Richter
Publisher:Springer - 2015-04-29


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