Institutional Economics: Theory, Method, Policy
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Recent Economic Thought Series Warren G. Samuels, Editor Michigan State University East Lansing, Michigan, U.S.A. Previously published books in the series: Asimakopulos, A., Theories of Inconne Distribution Earl, P., Psychological Econonnics: Development, Tensions, Prospects Peterson, W., Market Power and the Economy DeGregori, T., Development Economics Nowotny, K., Public Utility Regulation Horowitz, I., Organization and Decision Theory Mannings, K. and Samuels, W., Neoclassical Economic Theory, 1870 to 1930 Samuels, W., Economics as Discourse Lutz, M., Social Economics Welmer, D., Policy Analysis and Economics Bromley, D. and Segerson, K., The Social Response to Environmental Risk Roberts, B. and Feiner, S., Radical Economics Mercuro, N., Taking Property and Just Compensation de Marchi, N., Post-Popperian Methodology of Economics Gapinski, J., The Economics of Saving Darlty, W., Labor Economics: Problems in Analyzing Labor Markets Caldwell, B. and Boehm, S., Austrian Economics: Tensions and Directions
This series is devoted to works that present divergent views on the developnnent, prospects, and tensions within some important research areas of international economic thought. Among the fields covered are macromonetary policy, public finance, labor and political economy. The emphasis of the series is on providing a critical, constructive view of each of these fields, as well as a forum through which leading scholars of international reputation may voice their perspectives on important related issues. Each volume in the series will be self-contained; together these volumes will provide dramatic evidence of the variety of economic thought within the scholarly community.
Institutional Economics: Theory, Method, Policy
edited by Marc R. Tool Professor Emeritus of Economics California State University, Sacramento
W Kluwer Academic Publishers Boston/Dordrecht/London
Distributors for North America: Kluwer Academic Publishers 101 Philip Drive AssinippI Park Norwell, Massachusetts 02061 USA
Distributors for all other countries: Kluwer Academic Publishers Group Distribution Centre Post Office Box 322 3300 AH Dordrecht. THE NETHERLANDS
Library of Congress Cataloging-in-Publication Data Institutional economics : theory, method, policy / edited by Marc R. Tool. p. cm. — (Recent economic thought series) Includes bibliographical references and index. ISBN 0-7923-9346-5 1. Institutional economics. I. Tool, Marc R. II. Series. HB99.5.I58 1993 330—dc20 93-10050 CIP Copyright © 1993 by Kluwer Academic Publishers All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any lorm or by any means, mechanical, photo-copying, recording, or otherwise, without the prior written pemiission of the publisher, Kluwer Academic Publishers, 101 Philip Drive, AssinippI Pari»^
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