Title
Institutions, Institutional Change And Economic Performance (Political Economy Of Institutions And Decisions)
Sold by Ergodebooks, an authorized reseller.
Returns accepted within 30 days | support@ergodebooks.com
Shipping Information
- Free Standard Shipping — United States only
- Processing Time: 3–5 business days
- Estimated Delivery: 6–10 business days after dispatch
- Double-boxed, fully insured & discreetly packaged
- Tracking number sent via email once dispatched
Returns & Refund
Returns accepted within 30 days of delivery.
Damaged or Defective Item
Free return shipping + replacement or full refund
Wrong Item Received
Free return shipping + replacement or full refund
Change of Mind
Return shipping at customer's expense · 25% restocking fee applies
Payment Option
Continuing His Groundbreaking Analysis Of Economic Structures, Douglass North Develops An Analytical Framework For Explaining The Ways In Which Institutions And Institutional Change Affect The Performance Of Economies, Both At A Given Time And Over Time. Institutions Exist, He Argues, Due To The Uncertainties Involved In Human Interaction; They Are The Constraints Devised To Structure That Interaction. Yet, Institutions Vary Widely In Their Consequences For Economic Performance; Some Economies Develop Institutions That Produce Growth And Development, While Others Develop Institutions That Produce Stagnation. North First Explores The Nature Of Institutions And Explains The Role Of Transaction And Production Costs In Their Development. The Second Part Of The Book Deals With Institutional Change. Institutions Create The Incentive Structure In An Economy, And Organizations Will Be Created To Take Advantage Of The Opportunities Provided Within A Given Institutional Framework. North Argues That The Kinds Of Skills And Knowledge Fostered By The Structure Of An Economy Will Shape The Direction Of Change And Gradually Alter The Institutional Framework. He Then Explains How Institutional Development May Lead To A Pathdependent Pattern Of Development. In The Final Part Of The Book, North Explains The Implications Of This Analysis For Economic Theory And Economic History. He Indicates How Institutional Analysis Must Be Incorporated Into Neoclassical Theory And Explores The Potential For The Construction Of A Dynamic Theory Of Longterm Economic Change. Douglass C. North Is Director Of The Center Of Political Economy And Professor Of Economics And History At Washington University In St. Louis. He Is A Past President Of The Economic History Association And Western Economics Association And A Fellow, American Academy Of Arts And Sciences. He Has Written Over Sixty Articles For A Variety Of Journals And Is The Author Of The Rise Of The Western World: A New Economic History (Cup, 1973, With R.P. Thomas) And Structure And Change In Economic History (Norton, 1981). Professor North Is Included In Great Economists Since Keynes Edited By M. Blaug (Cup, 1988 Paperback Ed.)
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages does this book have? A: This book has one hundred fifty-nine pages. It provides a comprehensive analysis of economic institutions and their impact on performance.
- Q: What is the binding type of this book? A: This book is paperback bound. Paperback bindings are flexible and lightweight, making them easy to carry.
- Q: What are the dimensions of this book? A: The dimensions are six inches in length, nine inches in height, and zero point thirty-seven inches in width. These dimensions make it easy to store on a bookshelf.
- Q: Who is the author of this book? A: The author is Douglass C. North. He is a well-respected economist known for his work on institutions and economic history.
- Q: What category does this book fall under? A: This book falls under the Economic History category. It explores economic structures and the role of institutions over time.
- Q: How can I apply the insights from this book? A: You can apply the insights by understanding the relationship between institutions and economic performance. It's valuable for students and professionals interested in economics.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is suitable for beginners. However, some prior knowledge of economic concepts may enhance understanding.
- Q: What themes are covered in this book? A: This book covers themes such as institutional change, economic performance, and the constraints of human interaction. These themes are crucial for understanding economic development.
- Q: How do I keep this book in good condition? A: To keep this book in good condition, store it in a dry place away from direct sunlight. Avoid bending the pages and keep it away from moisture.
- Q: Can I use this book for academic research? A: Yes, this book is suitable for academic research. It includes in-depth analysis and references that support scholarly work.
- Q: What if the book arrives damaged? A: If the book arrives damaged, you should contact customer support for a return or exchange. Most retailers have policies to address such issues.
- Q: Is this book part of a series? A: No, this book is not part of a series. It stands alone as a significant contribution to the field of economic history.
- Q: What should I expect from the author's writing style? A: You can expect a clear and analytical writing style. Douglass C. North presents complex ideas in an accessible manner.
- Q: Does this book include any case studies? A: Yes, this book includes case studies that illustrate the impact of institutions on economic performance. These examples help contextualize theoretical concepts.
- Q: Is there a table of contents in this book? A: Yes, there is a table of contents. It provides an outline of the chapters and main topics covered in the book.
- Q: How does this book compare to others in economic history? A: This book is highly regarded for its analytical framework. It stands out for its focus on institutions compared to more general economic history texts.