Economics as a Process: Essays in the New Institutional Economics.

Max D. Steuer · Richard N. Langlois

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Economic Theory and Institutions Economic theories and models Law, Economics, and Judicial Systems

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Preface Contributors 1. The New Institutional Economics: an introductory essay Richard N. Langlois 2. Three types of market process Stephen C. Littlechild 3. Organisation, competition and the growth of knowledge Brian J. Loasby 4. Uncertainty, signal detection experiments and modelling behaviour Ronald A. Heiner 5. The evolution of rules Andrew Schotter 6. The tension between process stories and equilibrium models Richard R. Nelson 7. Competition as a process: a law and economics perspective Gerald P. O'Driscoll Jr 8. The economics of governance Oliver E. Williamson 9. Capitalism and the factory system Axel Leijonhufvud 10. Rationality, institutions and explanation Richard N. Langlois Index.

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