I.C.N.I.E.

Sumber: cniss.wustl.edu

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UPDATE: Download dan baca versi terbarunya: The New Institutional Economics- Its Start, Its Meaning , Its Prospects -

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Apakah arti dari New Institutional Economics? Dari manakah kemunculannya dan bagaimana prospeknya? Download dan baca tulisan The New Institutional Economics- Its Start, Its Meaning , Its Prospects - yang disusun oleh Rudolf Richter.

Substansi isinya relatif lengkap, tetapi mohon untuk dicermati secara hati-hati karena masih bersifat For discussion only! dan Please do not quote.

Substansi isinya juga membahas beberapa teori, yang umum dikategorikan dalam pokok bahasan NIE, yaitu:

1. property rights economics,
2. transaction cost economics,
3. evolutionary economics,
4. constitutional choice,
5. collective action theory,
6. public choice theory,
7. economic contract theory, dan
8. new institutional economic history.

Douglass C. North
Sumber: nobelprize.org

I
Economic history is about the performance of economies through time. The objective of research in the field is not only to shed new light on the economic past but also to contribute to economic theory by providing an analytical framework that will enable us to understand economic change.

A theory of economic dynamics comparable in precision to general equilibrium theory would be the ideal tool of analysis. In the absence of such a theory we can describe the characteristics of past economies, examine the performance of economies at various times, and engage in comparative static analysis; but missing is an analytical understanding of the way economies evolve through time.

Read more…

By Peter G. Klein, University of Missouri at Columbia – Contracting and Organizations Research Institute (CORI)

This essay surveys the new institutional economics, a rapidly growing literature combining economics, law, organization theory, political science, sociology, and anthropology to understand social, political, and commercial institutions.

This literature tries to explain: what institutions are, how they arise, what purposes they serve, how they change, and how they may be reformed. Read more…