Institutions Rule

Cheyne Cudby

No 373103, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: How have 800 years of political and economic developments in western society resulted in modern-day efficient markets? Cheyne Cudby, in a 2010 essay for ECON330, explored the institutional foundations underlying market behaviour and how these have evolved over time to facilitate efficient coordinated activity. This article is an abridged version of her essay.

Date: 2010-12-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:373103

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