The new institutional economics and the theory of the firm

Concepts of importance in the literature of the New Institutional Economics, such as transaction costs and bounded rationality, have been used to extend the standard neoclassical model of the firm, but the hybrid models created have failed to provide adequate explanations of enterprise behavior. An...

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Veröffentlicht in:	Journal of economic behavior & organization 2001-06, Vol.45 (2), p.133-153
1. Verfasser:	Furubotn, Eirik G
Format:	Artikel
Sprache:	eng
Schlagworte:	Allocative efficiency Bounded rationality Economic models Economic theory Firm theory Institutionalism Mathematical models Neoclassical economics New institutional economics Organizational behavior Problem solving Studies Transaction costs
Online-Zugang:	Volltext
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