The Cost of Institutions : Information and Freedom in Expanding Economies /

Contesting prior assumptions that institutions simplify the world for the sake of efficiency, this book argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs.

Bibliographic Details
Main Authors: Rodriguez, Jacob P. (Author), Loomis, Steven R. (Author), Weeres, Joseph G. (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: New York : Palgrave Macmillan US : Imprint: Palgrave Macmillan, 2007.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Contesting prior assumptions that institutions simplify the world for the sake of efficiency, this book argues that rather than institution expansion indicating the movement of markets to optimal states, expanding institutions generate information costs.
Item Description:Electronic resource.
Physical Description:1 online resource (X, 198 pages)
ISBN:9780230604797
DOI:10.1057/9780230604797