Microfoundations of Institutions

2019-11-25 Self-Help

Author : Patrick Haack
Release : 2019-11-25
Genre : Self-Help
Kind : eBook
Book Rating : 233/5 ( reviews)

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Book Synopsis Microfoundations of Institutions by : Patrick Haack

Download or read book Microfoundations of Institutions written by Patrick Haack. This book was released on 2019-11-25. Available in PDF, EPUB and Kindle. Book excerpt: The notion of microfoundations has received growing interest in neo-institutional theory along with an increasing interest in microfoundational research in disciplines such as strategic management and organizational economics.

Micro-institutional Foundations of Capitalism

2022-06-30 Political Science

Author : Roselyn Hsueh
Release : 2022-06-30
Genre : Political Science
Kind : eBook
Book Rating : 490/5 ( reviews)

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Book Synopsis Micro-institutional Foundations of Capitalism by : Roselyn Hsueh

Download or read book Micro-institutional Foundations of Capitalism written by Roselyn Hsueh. This book was released on 2022-06-30. Available in PDF, EPUB and Kindle. Book excerpt: What is the relationship between internal development and integration into the global economy in developing countries? How and why do state–market relations differ? And do these differences matter in the post-cold war era of global conflict and cooperation? Drawing on research in China, India, and Russia and examining sectors from textiles to telecommunications, Micro-institutional Foundations of Capitalism introduces a new theory of sectoral pathways to globalization and development. Adopting a historical approach, the book's Strategic Value Framework shows how state elites perceive the strategic value of sectors in response to internal and external pressures. Sectoral structures and organization of institutions further determine the role of the state in market coordination and property rights arrangements. The resultant dominant patterns of market governance vary by country and sector within country. These national configurations of sectoral models are the micro-institutional foundations of capitalism, which mediate globalization and development.

The SAGE Handbook of Organizational Institutionalism

2017-05-01 Business & Economics

Author : Royston Greenwood
Release : 2017-05-01
Genre : Business & Economics
Kind : eBook
Book Rating : 038/5 ( reviews)

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Book Synopsis The SAGE Handbook of Organizational Institutionalism by : Royston Greenwood

Download or read book The SAGE Handbook of Organizational Institutionalism written by Royston Greenwood. This book was released on 2017-05-01. Available in PDF, EPUB and Kindle. Book excerpt: The SAGE Handbook of Organizational Institutionalism brings together extensive coverage of aspects of Institutional Theory and an array of top academic contributors. Now in its Second Edition, the book has been thoroughly revised and reorganised, with all chapters updated to maintain a mix of theory, how to conduct institutional organizational analysis, and contemporary empirical work. New chapters on Translation, Networks and Institutional Pluralism are included to reflect new directions in the field. The Second Edition has also been reorganized into six parts: Part One: Beginnings (Foundations) Part Two: Organizations and their Contexts Part Three: Institutional Processes Part Four: Conversations Part Five: Consequences Part Six: Reflections

Microfoundations of Evolutionary Economics

2019-06-27 Business & Economics

Author : Yoshinori Shiozawa
Release : 2019-06-27
Genre : Business & Economics
Kind : eBook
Book Rating : 677/5 ( reviews)

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Book Synopsis Microfoundations of Evolutionary Economics by : Yoshinori Shiozawa

Download or read book Microfoundations of Evolutionary Economics written by Yoshinori Shiozawa. This book was released on 2019-06-27. Available in PDF, EPUB and Kindle. Book excerpt: This book provides for the first time the microfoundations of evolutionary economics, enabling the reader to grasp a new framework for economic analysis that is compatible with evolutionary processes. Any independent approach to economics must include a value theory (or price theory) and price and quantity adjustment processes. Evolutionary economics has rightly and successfully concentrated its efforts on explaining evolutionary processes in technology and institutions. However, it does not have its own value theory and is not capable of explaining the workings of everyday economics processes, in which any evolutionary process would take place. Our point of departure is the addition of myopic agents with severely limited rational and forecasting capacities (in stark contrast to mainstream economics). We show how myopic agents, in a complex world, can produce a stable price system and demonstrate how they can adjust their production to changing demand flows. Agents behave without any knowledge of the overall process, and they generate a stable economy as large as the global network of exchanges. This is the true “miracle” of the market mechanism. In contrast to mainstream general equilibrium theory, this miracle can be explained without the need for an auctioneer or infinitely rational agents. Thanks to this book, evolutionary economics can now claim to be an independent approach to economics that can completely replace mainstream neoclassical economics.

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