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Lawlessness and Economics: Alternative Modes of Governance 21.0%OFF

Lawlessness and Economics: Alternative Modes of Governance

by Avinash K. Dixit

  • ISBN

    :  

    9780195678413

  • Publisher

    :  

    Oxford University Press

  • Subject

    :  

    Business & Management, Society & Social Sciences

  • Binding

    :  

    Hardcover

  • Pages

    :  

    165

  • Year

    :  

    2005

₹

495.0

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₹

391.0

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  • Description

    In much of the world and through much of history, private mechanisms such as long-term relationships, arbitration, social networks to disseminate information and norms to impose sanction, and for-profit enforcement services have grown up in place of formal, state-governed institutions. Even in countries with strong legal systems, many of these mechanisms continue under the shadow of the law. Numerous case studies and empirical investigations have demonstrated the variety, importance, and merits anddrawbacks of such institutions. This book builds on these studies and constructs a toolkit of theoretical models to analyze them. The models shed new conceptual light on the different modes of governance, and deepen our understanding of the interaction of the alternative institutions with each other and with the government’s law.

  • Author Biography

    Avinash K. Dixit John J. F. Sherrerd '52 University Professor of Economics at Princeton University. He is the author or co-author of nine books, including Investment Under Uncertainly, Thinking Strategically, Games of Strategy, & the Making of Economic Policy.

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