The Cost of Institutions: Information and Freedom in Expanding Economies

Rodriguez, J.; Loomis, S.; Weeres, J.

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.

Details

Published by: Palgrave Macmillan

Publication Date: 2015-12-23

Format: Paperback

ISBN-13: 9781349538256

DOI: 10.1057/9780230604797

Dimensions: 216cm x140cm

Pages: 198