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The decline and rise of institutions...

Austria

The decline and rise of institutionsa modern survey of the Austrian contribution to the economic analysis of institutions /

Record Type:	Electronic resources : Monograph/item
Title/Author:	The decline and rise of institutionsLiya Palagashvili, Ennio Piano, David Skarbek.
Reminder of title:	a modern survey of the Austrian contribution to the economic analysis of institutions /
Author:	Palagashvili, Liya.
other author:	Piano, Ennio.
Published:	Cambridge :Cambridge University Press,2017.
Description:	50 p. :digital ;24 cm.
Notes:	Title from publisher's bibliographic system (viewed on 29 May 2018).
Subject:	AustriaHistory1867-1918.
Online resource:	https://doi.org/10.1017/9781108186179
ISBN:	9781108186179$q(electronic bk.)

The decline and rise of institutionsa modern survey of the Austrian contribution to the economic analysis of institutions /
Palagashvili, Liya.

The decline and rise of institutionsa modern survey of the Austrian contribution to the economic analysis of institutions /[electronic resource] :Liya Palagashvili, Ennio Piano, David Skarbek. - Cambridge :Cambridge University Press,2017. - 50 p. :digital ;24 cm. - Cambridge elements. - Cambridge elements..

Title from publisher's bibliographic system (viewed on 29 May 2018).

Institutions are the formal or informal 'rules of the game' that facilitate economic, social, and political interactions. These include such things as legal rules, property rights, constitutions, political structures, and norms and customs. The main theoretical insights from Austrian economics regarding private property rights and prices, entrepreneurship, and spontaneous order mechanisms play a key role in advancing institutional economics. The Austrian economics framework provides an understanding for which institutions matter for growth, how they matter, and how they emerge and can change over time. Specifically, Austrians have contributed significantly to the areas of institutional stickiness and informal institutions, self-governance and self-enforcing contracts, institutional entrepreneurship, and the political infrastructure for development.

ISBN: 9781108186179$q(electronic bk.)Subjects--Geographical Terms:

392066
Austria
--History--1867-1918.

LC Class. No.: HC265 / .P25 2017

Dewey Class. No.: 330.94

The decline and rise of institutionsa modern survey of the Austrian contribution to the economic analysis of institutions /
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500 $a Title from publisher's bibliographic system (viewed on 29 May 2018).
520 $a Institutions are the formal or informal 'rules of the game' that facilitate economic, social, and political interactions. These include such things as legal rules, property rights, constitutions, political structures, and norms and customs. The main theoretical insights from Austrian economics regarding private property rights and prices, entrepreneurship, and spontaneous order mechanisms play a key role in advancing institutional economics. The Austrian economics framework provides an understanding for which institutions matter for growth, how they matter, and how they emerge and can change over time. Specifically, Austrians have contributed significantly to the areas of institutional stickiness and informal institutions, self-governance and self-enforcing contracts, institutional entrepreneurship, and the political infrastructure for development.
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