Christos N. Pitelis: Market and Non-Market Hierarchies : Theory of Institutional Failure

Market and Non-Market Hierarchies : Theory of Institutional Failure


Description

Everything you ever wanted to know about growing grapes Market and Non-market Hierarchies: Theory of Institutional Failure examines capitalism's three major institutions: the market, the firm, and the state. Plumbing the depths of history and surfacing in the modern era, this book offers the unique perspective of analysis through the lens of Marxian theories of capitalist crisis alongside a comparison of major micro- and macroeconomic theories of failure. Comprehensive in scope, the discussion tracks the evolution of the firm and explores the capitalist state as a preface to a theory of institutional failure based on transaction cost economizing.


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Author: Christos N. Pitelis
Number of Pages: 256 pages
Published Date: 01 Dec 1993
Publisher: John Wiley and Sons Ltd
Publication Country: Oxford, United Kingdom
Language: English
ISBN: 9780631190615
Download Link: Click Here
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