Umfang:
1 Online-Ressource (xxiii, 523 Seiten)
,
Illustrationen, Diagramme
ISBN:
9781107284159
Inhalt:
Different types of markets exist throughout the world but how are they created? In this book, an interdisciplinary team of authors provide an evolutionary vision of how markets are designed and shaped. Drawing on a series of case studies, they show that markets are far from perfect and natural mechanisms, and propose a new view of markets as social construct, explaining how combinations of economic, political and legal constraints influence the formation and performance of markets. Historical trajectories and interdependencies among institutional dimensions make it difficult to build costless, non-biased co-ordination mechanisms, and there are limitations to public and private attempts to improve the design of markets. The authors show that incomplete and imperfect modes of governance must be improved upon and combined in order for markets to work more efficiently. This timely book will interest practitioners and academics with backgrounds in economics, law, political science and public policy
Inhalt:
Public and private complementarities in securing exchange -- Path dependency and political constraints in establishing property rights systems -- The political origin of competition -- The myopia of the public hand -- The challenge of balancing public and private ordering -- The daily adjustment of market technology
Weitere Ausg.:
ISBN 9781107053717
Weitere Ausg.:
ISBN 9781107677326
Weitere Ausg.:
Erscheint auch als Druck-Ausgabe The manufacturing of markets Cambridge : Cambridge University Press, 2019 ISBN 9781107677326
Sprache:
Englisch
Schlagwort(e):
Wirtschaftstheorie
;
Institutionenökonomie
;
Markt
;
Aufsatzsammlung
DOI:
10.1017/CBO9781107284159
URL:
Volltext
(lizenzpflichtig)
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