Institutional Economics 2400-DEU2INS
- Economic system as an institutional design
- Classical institutional theories
- New Institutional Economics
- Property rights, contract and agency theory
- Game-theoretic approach to institutional economics
- Application to Common Agricultural Policy of EU
- Application to public administration in Poland
- Application to the financial sector institutions in Europe (banking sector)
- Social contracting or designing a good policy
- Application to social security system
- Application to social policy
- The quality of institutions versus their flexibility
- History of institutional failures leading to states' breakdown
- Assuring the flexibility of institutions: the role of law and stakeholders commitment
Type of course
Bibliography
A. Handbook of New Institutional Economics (2005), eds Claude Menarde and Mary M. Shirley, Springer.
(1) Institutions and the Performance of Economies over Time, Douglass C. North,
(2) Transaction Cost Economics, Oliver E. Williamson
(3) Legal Systems as Frameworks for Market Exchanges, Paul Rubin, Emory University
(4) Legal Institutions and Financial Development, Thorstein Beck and Ross Levine
Additional information
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