The market for the “old” and the “new” institutional economics
ABSTRACT This paper conceives of the market as an institution, and contrasts two theoretical approaches: Institutionalism, with an evolutionary and analytical bias, whose theoretical basis comes from “Old/Original” Institutionalism, and New Institutional Economics, with an analytical, contractual ap...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Editora 34
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Series: | Brazilian Journal of Political Economy |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572018000300450&lng=en&tlng=en |