An important role in the implementation of liberalization processes in network industries is attributed to regulation and thus to regulatory institutions. Regulation is intended to have positive effect on social welfare by correcting market failures. But state intervention also generate costs...

The key role of institutions for economic performance has recently been acknowledged in the economic policy debate. This paper aims at pointing out the main policy lessons and the recommendations to be drawn from New Institutional Economics (NIE), when considering the organization of markets. We...

Despite the advances in New Institutional Economics about the economic consequences of institutions and legal rules, up to now we have only limited knowledge about the mechanisms of the evolution of law. By combining the main ideas of Evolutionary Economics and New Institutional Economics this...

Douglass North, along with Ronald Coase and Oliver Williamson, transformed the early intuitions of new institutional economics into powerful conceptual and analytical tools that spawned a robust base of empirical research. NIE arose in response to questions not well explained by standard...

Igor Ansoff described the important role and function that detecting and analysing weak signals plays in strategic planning. Weak signals are based on the assumption that every event or disaster caused by man is at times to be foreseen and unsurprising. Under the auspices of discrete...

В статье систематизируются различные подходы современной экономической теории к проблеме ограниченной рациональности. Анализируется концепция...

The paper discusses the contribution of R. H. Coase to economics and his role as a founder of the new institutional economics. Coase also contributed to the establishment of Law and Economics as a discipline, he is the author of the transaction cost theory and of the Coase Theorem. The paper...

Le caractère ‘collectif’ de certains biens et services a souvent légitimé, parfois indûment, l’intervention de la ‘main visible’ de l’Etat. L’économie néo-institutionnelle initiée par Coase conteste cette vision en interrogeant la nature même des biens et en resituant le...

Сделана попытка рассмотреть методические основы институционального проектирования трудовых отношений. Описано содержание новых форм трудовых отношений,...

Following formal privatisation of farm land and assets in CentralEurope, the change in agriculturalproduction structures has been both more limited and different thanwas initially expected. In this paper, thetheoretical reasons underlying those expectations are reviewed. Analternative...