enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Institutional economics - Wikipedia

    en.wikipedia.org/wiki/Institutional_economics

    Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behavior. Its original focus lay in Thorstein Veblen 's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other.

  3. New institutional economics - Wikipedia

    en.wikipedia.org/wiki/New_institutional_economics

    New Institutional Economics (NIE) is an economic perspective that attempts to extend economics by focusing on the institutions (that is to say the social and legal norms and rules) that underlie economic activity and with analysis beyond earlier institutional economics and neoclassical economics. [1]

  4. Schools of economic thought - Wikipedia

    en.wikipedia.org/wiki/Schools_of_economic_thought

    Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behaviour. Its original focus lay in Thorstein Veblen's instinct-oriented dichotomy between technology on the one side and the "ceremonial" sphere of society on the other.

  5. Institution - Wikipedia

    en.wikipedia.org/wiki/Institution

    Institutions and economic development In the context of institutions and how they are formed, North suggests that institutions ultimately work to provide social structure in society and to incentivize individuals who abide by this structure. North explains that there is in fact a difference between institutions and organizations and that ...

  6. Why Nations Fail - Wikipedia

    en.wikipedia.org/wiki/Why_Nations_Fail

    Economic institutions also determine the distribution of resources for the future. This framework is time-dependent, as today's institutions determine tomorrow's economic growth and institutions. For example, before the Glorious Revolution, political power in Europe, particularly in England, was concentrated in the hands of the monarch.

  7. Embeddedness - Wikipedia

    en.wikipedia.org/wiki/Embeddedness

    Rather than being a separate and distinct sphere, the economy is embedded in both economic and non-economic institutions. Exchange takes place within and is regulated by society rather than being located in a social vacuum. For example, religion and government can be just as important to economics as economic institutions themselves. Socio ...

  8. Innovation economics - Wikipedia

    en.wikipedia.org/wiki/Innovation_economics

    Innovation economists believe that what primarily drives economic growth in today's knowledge-based economy is not capital accumulation as neoclassical economics asserts, but innovative capacity spurred by appropriable knowledge and technological externalities. Economic growth in innovation economics is the end-product of: [5] [6]

  9. Institutional analysis - Wikipedia

    en.wikipedia.org/wiki/Institutional_analysis

    Institutional analysis is the part of the social sciences that studies how institutions—i.e., structures and mechanisms of social order and cooperation governing the behavior of two or more individuals—behave and function according to both empirical rules (informal rules-in-use and norms) and also theoretical rules (formal rules and law).