The New Institutional Economics and Development

Found at: https://hdl.handle.net/10535/4397
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Type:	Working Paper
Author:	North, Douglass C.
Date:	1993
Agency:
Series:	Economic History, no. 9309002
URI:	https://hdl.handle.net/10535/4397
Sector:	Theory
Region:
Subject(s):	economic development institutional economics common pool resources bounded rationality
Abstract:	"In this essay I intend to briefly summarize the essential characteristics of the new institutional economics, to describe how it differs from neo-classical theory, and then to apply its analytical framework (as I see it) to problems of development."

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