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Economic Analysis of Property Rights
The standard neoclassical model of economics is incapable of explaining why one form of organization arises over another. It is a model where transaction costs are implicitly assumed to not exist; however, transaction costs are here defined as the costs of strengthening a given distribution of economic property rights, and they always exist. Economic Analysis of Property Rights is a study of how individuals organise resources to maximise the value of their economic rights over these resources. It offers a unified theoretical structure to deal with exchange, rights formation, and organisation that traditional economic theory often ignores. It explains how transaction costs can be reduced through reorganization and, in the end, how the distribution of property rights that exists is the one that maximizes wealth net of these transaction costs. This necessary hypothesis explains much of the puzzling organizations and institutions that exist now and have existed in the past.
The Institutional Revolution
Few events in the history of humanity rival the Industrial Revolution. Following its onset in eighteenth-century Britain, sweeping changes in agriculture, manufacturing, transportation, and technology began to gain unstoppable momentum throughout Europe, North America, and eventually much of the world—with profound effects on socioeconomic and cultural conditions. In The Institutional Revolution, Douglas W. Allen offers a thought-provoking account of another, quieter revolution that took place at the end of the eighteenth century and allowed for the full exploitation of the many new technological innovations. Fundamental to this shift were dramatic changes in institutions, or the rules tha...
Economic Principles
Most Principles of Microeconomics textbooks are long, boring, and expensive. They start by introducing thirty terms (most of which are never returned to), spend the next four chapters shifting two lines around, and then proceed to discuss a number of details better left for an intermediate course. They seem to go out of their way to avoid teaching actual principles! Economic Principles: Seven Ideas for Thinking... About Almost Anything is about the fundamental ideas that every economic argument is based on: maximization, substitution, opportunity cost, and the like. It is designed to be engaging, focused, and effective. Appropriate for a Principles of Microeconomics course, the book's main e...
Economic literacy
None
The Nature of the Farm
A theoretical and empirical study of agricultural contracts and organization based on the transaction cost framework.
Microeconomics
Economics provides people with a way to understand everyday human behaviour . Microeconomics: Theory with Applications teaches students how to look at the world in a different way. Using a variety of applications and lively and interesting examples, this new edition brings the theory to life. A Real-world emphasis is demonstrated throughout the text to reinforce the understanding of economic theory and at the same time to show how theory can be used to explore specific economic models to address specific questions.
Economic Principles
When most students think of "principles of economics" textbooks, they think, "long, boring, and expensive." Economic Principles: Seven Ideas for Thinking... About Almost Anything is designed to be none of those things. Instead, the book is relatively short, and focuses on the essential ideas in microeconomics; it is not encyclopedic, and doesn't read like an encyclopedia. Appropriate for a Principles of Microeconomics course, the book's main emphasis is on explaining economic behavior, rather than crunching numbers. It is full of interesting real-life examples, applications, and humorous stories-and no mention of "widgets"! There are several end-of-chapter appendices to for those who want to...
Health Planning Reports Personal Author Index
Lists citations to the National Health Planning Information Center's collection of health planning literature, government reports, and studies from May 1975 to January 1980.
