Economic conventions : essays in institutional evolution

• Main Author: Wärneryd, Karl
• Format: Doctoral Thesis
• Language: English
• Published: Handelshögskolan i Stockholm, Samhällsekonomi (S) 1990
• Subjects: Game theory; Public choice; Property ownership; Firm (theory of); Monetary theory; Economics; Nationalekonomi
• Online Access: http://urn.kb.se/resolve?urn=urn:nbn:se:hhs:diva-917; http://nbn-resolving.de/urn:isbn:91-7258-302-9

Conventions are social institutions that solve recurrent coordination problems. Many of the written and unwritten rules that make up a modern market society may be said to have the coordinative property. This dissertation uses a game-theoretical framework to discuss the emergence and functioning of conventions of communication, private property rights, money, and the firm. In each case the anlysis provides new insigts for these classical areas of economic inquiry. === <p>Diss. Stockholm : Handelshögskolan, 1990</p>