Handbook of New Institutional Economics

The Domain of New Institutional Economics.- Institutions and the Performance of Economies over Time.- The Institutional Structure of Production.- Transaction Cost Economics.- Political Institutions and the State.- Electoral Institutions and Political Competition: Coordination, Persuasion and Mobilization.- Presidential versus Parliamentary Government.- Legislative Process and the Mirroring Principle.- The Performance and Stability of Federalism: An Institutional Perspective.- Legal Institutions of a Market Economy.- The Many Legal Institutions that Support Contractual Commitments.- Legal Systems as Frameworks for Market Exchanges.- Market Institutions and Judicial Rulemaking.- Legal Institutions and Financial Development.- Modes of Governance.- A New Institutional Approach to Organization.- Vertical Integration.- Solutions to Principal-Agent Problems in Firms.- The Institutions of Corporate Governance.- Firms and the Creation of New Markets.- Contractual Arrangements.- The Make-or-Buy Decisions: Lessons from Empirical Studies.- Agricultural Contracts.- The Enforcement of Contracts and Private Ordering.- Regulation.- The Institutions of Regulation: An Application to Public Utilities.- State Regulation of Open-Access, Common-Pool Resources.- Property Rights and the State.- Licit and Illicit Responses to Regulation.- Institutional Change.- Institutions and Development.- Institutional and Non-Institutional Explanations of Economic Differences.- Institutions and Firms in Transition Economies.- Social Capital, Social Norms and the New Institutional Economics.- Commitment, Coercion and Markets: The Nature and Dynamics of Institutions Supporting Exchange.- Perspectives.- Economic Sociology and New Institutional Economics.- Doing Institutional Analysis: Digging Deeper than Markets and Hierarchies.