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Institutional Economics: An Introduction, by Annette Van den Berg, Antoon Spithoven, John Groenewegen
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Institutional economics is an increasingly important area in the field which also verges into political science and sociology. This concise and lucid textbook, which assumes a basic understanding of neoclassical economics, introduces the key ideas, emphasizing the "new" institutional economics but grounding readers in the traditional perspectives.
- Sales Rank: #2271789 in Books
- Published on: 2010-02-15
- Released on: 2010-03-02
- Original language: English
- Number of items: 1
- Dimensions: 11.09" h x .64" w x 7.46" l, 1.75 pounds
- Binding: Paperback
- 324 pages
About the Author
ANNETTE VAN DEN BERG is Lecturer of Institutional Economics at Utrecht University.
ANTOON SPITHOVEN is Lecturer of Institutional Economics at Utrecht University.
JOHN GROENEWEGEN is Professor of Institutional Economics at Rotterdam School of Economics of Erasmus University Rotterdam. He is also Professor of Economics of Infrastructures at the Technical University Delft.
Most helpful customer reviews
9 of 9 people found the following review helpful.
A Great Undergraduate-Level Intro to an Important Field in Economics
By Taylor Expansion
This book fulfills a much-needed role as a modern undergraduate-level textbook style treatment of institutional economics. (Unfortunately, there is not much teaching of this subject at the undergraduate level - so I hope this book will encourage more courses of the sort.) What I like most about this book is its contrast between "new institutional economics" (in the style of Coase and Williamson) and what the authors call "original institutional economics" (in the style Veblen and Commons). The book is divided into four parts where the first part discusses what institutional economics is, the second part details its theoretical approach, and the last two parts describe private and public governance structures from an institutionalist point of view. I am particularly fond of the parts of the book covering the theoretical approach of institutional economics and the many examples provided in the text. Overall, a great read and well worth the money!
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