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New Institutional Economics open a new methodological perspective in political economy by posing the question of why economic institutions are created. This stateoftheart collection examines this question of Arrow's looking at how these manmade constraints condition political, economic and social integration both informally and formally. New developments in game theory are applied to many case topical studies including corruption, central bank independence, globalization and other issues in contemporary economic governance.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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