MARKET AND GOVERNMENT FAILURES IN HISTORICAL INSTITUTIONAL ANALYSIS BY DOUGLASS C. NORTH AND AVNER GREIF

<p>Economic historians Douglass C. North and Avner Greif use the tools on the New Institutional Economics and Game Theory and draw the attention of economists to the fact that both markets and governments are institutional constructs created by opportunistic individuals and groups with differe...

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Bibliographic Details
Main Author: Karol Fijałkowski
Format: Article
Language:English
Published: Uniwersytet Mikołaja Kopernika 2010-12-01
Series:Ekonomia i Prawo.
Online Access:http://apcz.umk.pl/czasopisma//index.php/EiP/article/view/541