Institutions and the Path to the Modern Economy: Lessons from Medieval Trade

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Cambridge University Press, Jan 16, 2006 - Business & Economics - 503 pages
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It is widely believed that current disparities in economic, political, and social outcomes reflect distinct institutions. Institutions are invoked to explain why some countries are rich and others poor, some democratic and others dictatorial. But arguments of this sort gloss over the question of what institutions are, how they come about, and why they persist. This book seeks to overcome these problems, which have exercised economists, sociologists, political scientists, and a host of other researchers who use the social sciences to study history, law, and business administration.
  

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Contents

Introduction
3
Institutions and Transactions
29
Institutions as Systems in Equilibria
55
Securing Property Rights from the Grabbing Hand
91
Endogenous Institutions and GameTheoretic Analysis
124
Institutional Dynamics as a Historical Process
153
Current Ones
187
Cultural Beliefs and the Organization of Society
269
Interactive ContextSpecific Analysis
350
Institutions History and Development
379
Appendixes
407
B Is Homo Sociologicus Strategic?
421
ReputationBased PrivateOrder
428
References
453
Index
489
Copyright

FV The Empirical Method of Comparative and Historical
305

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References to this book

Institutional Economics
Bernard Chavance
No preview available - 2008
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About the author (2006)

Avner Greif is the Bowman Family Endowed Professor in Humanities and Sciences at Stanford University where he teaches economics. He is the recipient of fellowships from the American Academy of Arts and Sciences, the Econometrics Society, and the MacArthur Foundation. He has published articles in American Political Science Review, European Review of Economic History, Chicago Journal of International Law, and the Journal of Political Economy as well as many edited books. Greif is also a co-author of Analytic Narrative (Princeton University Press, 1998).

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