Handbook of New Institutional Economics

INTRODUCTION.- THE DOMAIN OF NEW INSTITUTIONAL ECONOMICS: Institutions and the Performance of Economies over Time - Douglass C. North.- The Institutional Structure of Production - Ronald Coase.- Transaction Cost Economics - Oliver E. Williamson. POLITICAL INSTITUTIONS AND THE STATE: Electoral Institutions and Political Competition: Coordination, Persuasion and Mobilization - Gary Cox.- Presidential versus Parliamentary Government - John Carey.- Legislative Process and the Mirroring Principle - Matthew McCubbins.- The Performance and Stability of Federalism: An Institutional Perspective - Barry Weingast. LEGAL INSTITUTIONS OF A MARKET ECONOMY: The Many Legal Institutions That Support Contractual Commitments - Gillian K. Hadfield.- Legal Systems as Frameworks for Market Exchanges - Paul Rubin.- Market Institutions and Judicial Rulemaking - Benito Arrunada and Veneta Andonova.- Legal Institutions and Financial Development - Thorsten Beck. MODES OF GOVERNANCE: The New Institutional Approach to Organization - Claude Menard.- Vertical Integration - Paul Joskow.- Solutions to Principal-Agent Problems in Firms - Gary Miller.- The Institutions of Corporate Governance - Mark Roe.- Firms and the Creation of New Markets - Erin Anderson and Hubert Gatignon. CONTRACTUAL ARRANGEMENTS: The Make or Buy Decisions: Lessons from Empirical Studies - Peter Klein.- Agricultural Contracts - Douglas Allen and Dean Lueck.- The Enforcement of Contracts and Private Ordering - Victor Goldberg. REGULATION: The Institutions of Regulation. An Application to Public Utilities - Pablo Spiller and Mario Tommasi.- State Regulation of Open-Access, Common-Pool Resources - Gary Libecap.- Property Rights, and the State - Lee Alston and Bernardo Mueller.- Licit and Illicit Firm Responses to Public Regulation -Lee Benham. INSTITUTIONAL CHANGE: Institutions and Development - Mary M. Shirley.- Institutional and Non-Institutional Explanation of Economic Differences - Stanley L. Engerman and Kenneth L. Sokoloff.- Institutions and Firms in Transition Economies - Peter Murrell.- Social Capital, Social Norms and the New Institutional Economics - Philip Keefer and Steve Knack.- Commitment, Coercion and Markets: The Nature and Dynamics of Institutions Supporting Exchange - Avner Greif. PERSPECTIVES: Economic Sociology and New Institutional Economics - Victor Nee and Richard Swedberg.- Doing Institutional Analysis: Digging Deeper than Markets and Hierarchies - Elinor Ostrom.