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Institutions, Organizations and Market Competition

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Type: Working Paper
Author: North, Douglass C.
Date: 1996
Series: Economic History, no. 9612005
URI: https://hdl.handle.net/10535/4175
Sector: Theory
Subject(s): institutional analysis
institutional design
Abstract: "In this essay I would like to apply the new institutional economics to suggest modifications of the theory we employ in economics to make that theory useful for the study of the performance of economies through time. The modifications I shall suggest are in the spirit of Joseph Schumpeter."

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