New Institutional Economics

P. K. Rao
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P. K. Rao: Global Development Institute

Chapter 5 in The Economics of Transaction Costs, 2003, pp 88-104 from Palgrave Macmillan

Abstract: Abstract An economic analysis of real-world situations often warrants an analysis of the governance of institutions (or lack of the same) and their interactions which may lead to ‘rational’ decision-making models and applications of neoclassical economics (NE).

Keywords: Transaction Cost; Institutional Economic; State Practice; Shadow Economy; Informal Economy (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59768-6_5

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DOI: 10.1057/9780230597686_5

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