Institutional Economics of the "Market Itself". An Attempted Answer to a Complaint by Ronald Coase
This paper is motivated by the remark of Coase that "although economists claim to study the working of the market, in modern economic theory the market itself has an even more shadowy role than the firm." It is argued that under conditions of positive transaction costs, incomplete foresigh...
| Veröffentlicht in: | Historical Social Research / Historische Sozialforschung. - GESIS - Leibniz Institute for the Social Sciences. - 36(2011), 3 (137), Seite 34-54 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2011
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| Zugriff auf das übergeordnete Werk: | Historical Social Research / Historische Sozialforschung |
| Schlagworte: | Economics Law Behavioral sciences |
| Online verfügbar |
Volltext |