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Economic Behavior and Institutions


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Table of Contents

Part I. Introduction to the Theory: 1. Generalising neoclassical economics: new tools and concepts; 2. Property rights, agency and economic organisation; 3. Explaining the rules; Part II. Property Rights and Economic Outcomes: 4. The economics of exclusive rights; 5. The ownership structure of firms and equilibrium outcomes; Part III. Explaining Economic Organisation: 6. The contractual nature of the firm; 7. The logic of economic organisation; Part IV. Explaining Property Rights: 8. The emergence of property rights; 9. Property rights in stateless societies; 10. The state in neoinstitutional economics.

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This book is a comprehensive survey of 'neoinstitutional economics', which integrates different economic theories.


'The survey succeeds in my view precisely in presenting and linking in a convincing way quite disparate material.' Professor Arthur Denzau, Washington University

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