Communities and Markets in Economic Development
ISBN13: 9780199241019ISBN10: 0199241015
Hardback,
448 pages
Jul 2001,
In Stock
Price:
$150.00 (06)Description
This volume presents historical, contemporary, and theoretical perspectives on the role of local communities and social norms in the economic development process. Using historical evidence combined with recent developments in institutional economics involving game theory and contracts, it establishes that communities can enhance the development of a market economy under certain circumstances -- and sheds light on what those circumstances are.Features
- Top class contributors
- New approach to classification of economic systems
- Topical discussion of control of common land
- Links to social capital
About the Author(s)
Masahiko Aoki is Henri and Tomoye Takahashi Professor of Japanese Studies and Professor of Economics at Stanford University and Director-General of the Research Institute of Japan's Ministry of International Trade and Industry. His work on the theory of the firm, the Japanese economy, and comparative economic institutions has given rise to many widely read publications, including The Japanese Main Bank System (co-edited with Hugh Patrick) and The Co-operative Game Theory of the Firm.
