This is also of concern to students of economic history and institutional economics.
Her work was associated with the new institutional economics and the resurgence of political economy.
This book is novel in the use of game theory approach to the study of institutional economics.
Within the field of economics it belongs to the new institutional economics.
Some important insights on collective behavior (for example, emergence of organizations) have been incorporated through the new institutional economics.
Considerations such as these form an important part of the work of institutional economics.
Through his writings on property rights and transaction costs, he is a founder of the new institutional economics.
He became associated with the "institutional economics" school, whose foremost proponents were then primarily teaching at the University of Chicago.
In Commons' view, institutional economics added collective control of individual transactions to existing economic theory.
Today, Commons' contribution to labor history is considered equal to his contributions to the theory of institutional economics.
Wörterbuch für Wirtschaftswissenschaft