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portada Competition Among Institutions
Type
Physical Book
Publisher
Author
Year
1995
Language
English
Pages
332
Format
Hardcover
ISBN13
9780333642047
Edition No.
1995
Categories

Competition Among Institutions

Gerken (Author) · Palgrave Macmillan · Hardcover

Competition Among Institutions - Gerken

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Synopsis "Competition Among Institutions "

Economists generally accept that competition discloses knowledge, enhances efficiency and restrains power. However, these effects of competition have so far been discussed mainly with respect to economic markets in which firms and households compete within a given set of institutions, that is within a given legal order. The question arises whether competition may also have comparable effects on the institutional level in the sense of competition among legal orders and thus serve as an antidote to today's problems. The present book addresses some of the fundamental aspects associated with institutional competition and identifies some possible lines for further research on how institutions can compete to bring about social and economic change.

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