Transaction Costs, Institutions, and Economic Performance PDF Download

Author: Douglass Cecil North
Publisher: Ics Press
ISBN: 9781558152113
Category : Economic development
Languages : en
Pages : 32

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Author: M. Weiss
Publisher: Springer
ISBN: 0230301983
Category : Political Science
Languages : en
Pages : 279

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Book Description
Examines international cooperation in European security from a transaction cost economics perspective. This book addresses the puzzle of how to approach differing institutional preferences. It argues that the reduction and limitation of transaction costs was the primary determinant of security preferences.

Author: Eric Alston
Publisher: Cambridge University Press
ISBN: 110708637X
Category : Business & Economics
Languages : en
Pages : 409

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Book Description
Why isn't the whole world developed? This toolkit for institutional analysis explains how rules affect the performance of countries, firms, and even families.

Author: James Thomson
Publisher: Routledge
ISBN: 1000474879
Category : Political Science
Languages : en
Pages : 248

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Book Description
This book provides an institutional costs framework for intelligence and security communities to examine the factors that can encourage or obstruct cooperation. The governmental functions of security and intelligence require various organisations to interact in a symbiotic way. These organisations must constantly negotiate with each other to establish who should address which issue and with what resources. By coupling adapted versions of transaction costs theories with socio-political perspectives, this book provides a model to explain why some cooperative endeavours are successful, whilst others fail. This framework is applied to counterterrorism and defence intelligence in the UK and the US to demonstrate that the view of good cooperation in the former and poor cooperation in the latter is overly simplistic. Neither is necessarily more disposed to behave cooperatively than the other; rather, the institutional costs created by their respective organisational architectures incentivise different cooperative behaviour in different circumstances. This book will be of much interest to students of intelligence studies, organisational studies, politics and security studies.

Author: Michael C. Munger
Publisher: Cambridge University Press
ISBN: 1108427081
Category : Business & Economics
Languages : en
Pages : 191

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Munger predicts that smartphones will allow the 'transactions cost economy' to commodify excess capacity, promoting sharing instead of owning.m

Author: Chihiro Suematsu
Publisher: Springer
ISBN: 331906889X
Category : Business & Economics
Languages : en
Pages : 273

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Book Description
All organizations, institutions, business processes, markets and strategies have one aim in common: the reduction of transaction costs. This aim is pursued relentlessly in practice, and has been perceived to bring about drastic changes, especially in the recent global market and the cyber economy. This book analyzes and describes “transactions” as a model, on the basis of which organizations, institutions and business processes can be appropriately shaped. It tracks transaction costs to enable a scientific approach instead of a widely used “state-of-the-art” approach, working to bridge the gap between theory and practice. This open access book analyzes and describes “transactions” as a model...

Author: Douglass C. North
Publisher: Cambridge University Press
ISBN: 9780521397346
Category : Political Science
Languages : en
Pages : 164

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Book Description
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.

Author: Ray Challen
Publisher: Edward Elgar Publishing
ISBN: 9781781956427
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
'This is an excellent piece of work, applying the economic theory of property rights and transaction costs to the complex policy problems associated with water use in irrigation. Challen examines the determination of transaction costs and the way they interact with a realistic specification of property rights. He thereby avoids the two main defects found in much work in this area: first, the use of a simplistic division of property rights schemes, for example one based on polar categories of private property and common property, defined to mean open access, and second, a tendency to use the category of transaction costs as an unexamined "black box".' - John Quiggin, James Cook University, Australia 'A most encouraging trend in economics concerns the careful and non-teleological study of institutions. From an era in which institutions were completely ignored, through an era in which it was thought that institutions were mere constraints on otherwise beneficent behavior in markets, through an era in which it was thought that the purpose of institutions was to promote economic efficiency, we now seem to be firmly in an era in which it is understood that institutions are the very bedrock of economic and social interaction. The analysis of institutions will fall into incoherence if we insist on seeing them as teleological rather than as instrumental. Once there, we must still understand the purposes that different individuals and collectivities ascribe to particular institutional set ups. In this careful book Ray Challen offers clear conceptual guidance to the study of economic institutions. He also shows us how one can undertake the analysis of institutional choice. The problem setting is water resources in eastern Australia. The lessons are profoundly international, and the approach is refreshingly promising.' - Daniel W. Bromley, University of Wisconsin-Madison, US Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of these structures with illustrative application to the allocation of water resources.

Author: Sean Kay
Publisher: Rowman & Littlefield Publishers
ISBN: 1442206152
Category : Political Science
Languages : en
Pages : 412

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Book Description
This second edition of Global Security in the Twenty-first Century offers a thoroughly updated and balanced introduction to contemporary security studies. Sean Kay examines the relationship between globalization and international security and places traditional quests for power and national security in the context of the ongoing search for peace. Sean Kay explores a range of security challenges, including fresh analysis of the implications of the global economic crisis and current flashpoints for international security trends. Writing in an engaging style, Kay integrates traditional and emerging challenges in one easily accessible study that gives readers the tools they need to develop a thoughtful and nuanced understanding of global security.

Author: Oliver E. Williamson
Publisher: Edward Elgar Publishing
ISBN: 9780857938756
Category : Industrial organization (Economic theory).
Languages : en
Pages : 0

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Book Description
Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New challenges are posed by the need to move beyond the design of new contractual instruments (such as financial derivatives) to include an examination of the lurking hazards that attend contract implementation.