Cost of institutions, the: information and freedom in expanding economies
Auteur :
Rodriguez, J. / Loomis, S. / Weeres, J.
Éditeur :
Palgrave Macmillan
ISBN :
9781349538256
Date de publication :
23 déc. 2015
Dimensions :
21,6 x 14,0 cm
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Contesting prior assumptions that institutions simplify the world for the sake of efficiency, this book argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs.