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001			205794
003			IT-RoAPU
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008			210830t20102005nju fo d z eng d
020			_a9780691145952 _qprint
020			_a9781400829484 _qPDF
024	7		_a10.1515/9781400829484 _2doi
035			_a(DE-B1597)9781400829484
035			_a(DE-B1597)453545
035			_a(OCoLC)979968440
040			_aDE-B1597 _beng _cDE-B1597 _erda
050		4	_aHB97.3 _b.N67 2005eb
072		7	_aBUS069030 _2bisacsh
082	0	4	_a330.1
084			_aonline - DeGruyter
100	1		_aNorth, Douglass C. _eautore
245	1	0	_aUnderstanding the Process of Economic Change / _cDouglass C. North.
250			_aCourse Book
264		1	_aPrinceton, NJ : _bPrinceton University Press, _c[2010]
264		4	_c©2005
300			_a1 online resource (200 p.) : _b12 line illus. 1 table.
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
347			_atext file _bPDF _2rda
490	0		_aThe Princeton Economic History of the Western World ; _v32
505	0	0	_tFrontmatter -- _tContents -- _tPreface -- _tChapter One. An Outline of the Process of Economic Change -- _tPart I. The Issues Involved in Understanding Economic Change -- _tIntroduction -- _tChapter Two. Uncertainty in a Non-ergodic World -- _tChapter Three. Belief Systems, Culture, and Cognitive Science -- _tChapter Four. Consciousness and Human Intentionality -- _tChapter Five. The Scaffolds Humans Erect -- _tChapter Six. Taking Stock -- _tPart II. The Road Ahead -- _tIntroduction -- _tChapter Seven. The Evolving Human Environment -- _tChapter Eight. The Sources of Order and Disorder -- _tChapter Nine. Getting It Right and Getting It Wrong -- _tChapter Ten. The Rise of the Western World -- _tChapter Eleven. The Rise and Fall of the Soviet Union -- _tChapter Twelve. Improving Economic Performance -- _tChapter Thirteen. Where Are We Going? -- _tBibliography -- _tIndex
506	0		_arestricted access _uhttp://purl.org/coar/access_right/c_16ec _fonline access with authorization _2star
520			_aIn this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institutional infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on "adaptive efficiency," a society's effectiveness in creating institutions that are productive, stable, fair, and broadly accepted--and, importantly, flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analysis to explore the deeper determinants of how these rules evolve and how economies change. Drawing on recent work by psychologists, he identifies intentionality as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy's institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institutional change but also for the diverse performance of present-day economies. This major work is therefore also an essential guide to improving the performance of developing countries.
530			_aIssued also in print.
538			_aMode of access: Internet via World Wide Web.
546			_aIn English.
588	0		_aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)
650		0	_aEconomics _xSociological aspects.
650		0	_aEvolutionary economics.
650		0	_aInstitutional economics.
650		7	_aBUSINESS & ECONOMICS / Economics / Theory. _2bisacsh
850			_aIT-RoAPU
856	4	0	_uhttps://doi.org/10.1515/9781400829484
856	4	0	_uhttps://www.degruyter.com/isbn/9781400829484
856	4	2	_3Cover _uhttps://www.degruyter.com/cover/covers/9781400829484.jpg
942			_cEB
999			_c205794 _d205794