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Lawlessness and Economics: Alternative Modes of Governance
Avinash K. Dixit
€ 52.99
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Description for Lawlessness and Economics: Alternative Modes of Governance
Paperback. Numerous case studies and empirical investigations have demonstrated the importance, and merits and drawbacks of such institutions. This book builds on these studies and constructs a toolkit of theoretical models to analyze them. It examines the theory of private institutions that transcend or supplement weak economic governance from the state. Series: The Gorman Lectures in Economics. Num Pages: 176 pages, 13 line illus. 6 tables. BIC Classification: KCA. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 233 x 156 x 14. Weight in Grams: 314.
How can property rights be protected and contracts be enforced in countries where the rule of law is ineffective or absent? How can firms from advanced market economies do business in such circumstances? In Lawlessness and Economics, Avinash Dixit examines the theory of private institutions that transcend or supplement weak economic governance from the state. In much of the world and through much of history, private mechanisms--such as long-term relationships, arbitration, social networks to disseminate information and norms to impose sanctions, and for-profit enforcement services--have grown up in place of formal, state-governed institutions. Even in countries with strong legal systems, ... Read more
How can property rights be protected and contracts be enforced in countries where the rule of law is ineffective or absent? How can firms from advanced market economies do business in such circumstances? In Lawlessness and Economics, Avinash Dixit examines the theory of private institutions that transcend or supplement weak economic governance from the state. In much of the world and through much of history, private mechanisms--such as long-term relationships, arbitration, social networks to disseminate information and norms to impose sanctions, and for-profit enforcement services--have grown up in place of formal, state-governed institutions. Even in countries with strong legal systems, ... Read more
Product Details
Format
Paperback
Publication date
2007
Publisher
Princeton University Press United States
Number of pages
184
Condition
New
Series
The Gorman Lectures in Economics
Number of Pages
176
Place of Publication
New Jersey, United States
ISBN
9780691130347
SKU
V9780691130347
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Avinash K. Dixit
Avinash K. Dixit is John J. F. Sherrerd '52 University Professor of Economics at Princeton University. He is the author or coauthor of nine books, including "Investment under Uncertainty" (Princeton), "Thinking Strategically" (Norton), "Games of Strategy" (Norton), and "The Making of Economic Policy" (MIT).
Reviews for Lawlessness and Economics: Alternative Modes of Governance
"[In a] broad field that is by its very nature multidisciplinary, Lawlessness and Economics is very straightforward and comprehensive in its survey of this emerging and complex phenomenon... Perhaps the most compelling attribute of this endeavor is Dixit's tenacious ability to place each section and his various models into a clear and precise context with the already vast literature."
Wesley T. ... Read more
Wesley T. ... Read more