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Institutional Economics

Sam Sebesta, John R. Commons · 2017

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About the book

"Commons opened Institutional Economics by declaring: ""My point of view is based on my participation in collective activities, from which I here derive a theory of the part played by collective action in control of individual action."" This sentence well summarizes the three key elements of this book--its theoretical intent, the importance Commons gave to his own experience in institutional reform in shaping these ideas, and the focus on the concept of the institution as a collective constraint on individual action."--Provided by publisher.

Book details

Year
2017
Language
English
Publisher
Taylor and Francis
Editions
5
Pages
400
ISBN
9780203788462

Data source: Wikidata

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