Institutional change and economic behaviour / edited by János Kornai, László Mátyás, Gérard Roland.

Format:

Book

Author/Creator:

International Economic Association. World Congress (14th : 2005 : Marrakech, Morocco)

Contributor:

Kornai, János.

Mátyás, László.

Roland, Gérard, 1954-

Series:

I.E.A. conference volume (Houndmills, Basingstoke, England) ; no 144.

IEA conference volume ; no. 144

Language:

English

Subjects (All):

Institutional economics--Congresses.

Institutional economics.

Economic history--1990---Congresses.

Economic history.

Genre:

Conference papers and proceedings.

Physical Description:

xxi, 223 pages : illustrations ; 23 cm.

Place of Publication:

Houndmills, Basingstoke, Hampshire ; New York : Palgrave Macmillan, 2008.

Summary:

This book explores institutional change and economic behaviour through examining the transition process in the eight former socialist countries that became members of the EU in 2004, looking at the phenomenal growth that has been taking place in China in the last three decades, offering a historical perspective on the causes of economic underdevelopment in the Middle East, and discussing just how much of the neo-classical paradigm is refuted by the evidence produced by experimental economics in recent years. In addition, a conceptual framework is proposed for analyzing mechanisms of institutional change, and an evolutionary model and agent-based model are developed.

Contents:

The International Economic Association xi

1 The Great Transformation of Central Eastern Europe: Success and Disappointment / Janos Kornai 1

2 Transformation in China / Yingyi Qian, Jinglian Wu 38

3 Institutional Causes of Economic Underdevelopment in the Middle East: a Historical Perspective / Timur Kuran 64

4 Understanding the Great Changes in the World: Gaining Ground and Losing Ground since World War II / Edmund S. Phelps 77

5 The Schumpeterian Approach to Education and Growth / Philippe Aghion 99

6 Analysing Institutional Change: Integrating Endogenous and Exogenous Views / Masahiko Aoki 113

7 Fast-Moving and Slow-Moving Institutions / Gerard Roland 134

8 The Endowment Effect and the Origin of Private Property / Herbert Gintis 160

9 The Complex Evolution of a Simple Traffic Convention: the Functions and Implications of Habit / Geoffrey M. Hodgson, Thorbjorn Knudsen 178

10 Implications of Behavioural Game Theory for Neoclassical Economic Theory / Herbert Gintis 200.

Notes:

"In association with the International Economic Association."

Includes bibliographical references and index.

ISBN:

0230546986

9780230546981

OCLC:

214935129

Online:

Contributor biographical information

Publisher description