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Social sciences and economics have undergone enormous progress. While certain topics have been fully researched, others have remained largely under-researched or ignored. It is this discrepancy which prompted the research paradigm of 'Crossing Bridges'. For this volume, ten authors have joined...
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Recent years have seen the development of new theories of market failure based on asymmetric information and network effects. According to the new paradigm, we can expect substantial failure in the markets for labor, credit, insurance, software, new technologies and even used cars, to give but a...
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Purpose The paper provides a detailed historical account of Douglass C. North's early intellectual contributions and analytical developments in pursuing a Grand Theory for why some countries are rich and others poor. Design/methodology/approach The author approaches the discussion using a...
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