Artikel

The new institutional economics - main theories

The aim of this arti cle is to show that the New Insti tuti onal Economics is an interdisciplinary stream combining economics, law, organizati on theory, politi cal sciences, sociology, and anthropology. The main theories which are part of the New Insti tuti onal Economics are: Agency Theory, Property Rights Theory and Transaction Costs Theory. The basic assumptions of these theories are mentioned in this paper. This article is an introduction to the New Institutional Economics and its main theories. For this purpose, it presents a brief guide for those who are interested in the New Institutional Economics. Finally, the article is accompanied by a short review of examples of empirical studies connected with these theories.

Language
Englisch

Bibliographic citation
Journal: e-Finanse: Financial Internet Quarterly ; ISSN: 1734-039X ; Volume: 12 ; Year: 2016 ; Issue: 1 ; Pages: 78-85 ; Rzeszów: University of Information Technology and Management

Classification
Wirtschaft
History of Economic Thought since 1925: Historical; Institutional; Evolutionary; Austrian; Stockholm School
Current Heterodox Approaches: Historical; Institutional; Evolutionary
Organizational Behavior; Transaction Costs; Property Rights
Capitalist Systems: Property Rights
Subject
Agency Theory
the New Institutional Economics
transaction costs
property rights

Event
Geistige Schöpfung
(who)
Obińska-Wajda, Emilia
Event
Veröffentlichung
(who)
University of Information Technology and Management
(where)
Rzeszów
(when)
2016

DOI
doi:10.14636/1734-039X_12_1_008
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Obińska-Wajda, Emilia
  • University of Information Technology and Management

Time of origin

  • 2016

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