… Since institutional economics is behavioristic, and the behavior in question is none other
than the behavior of individuals while participating in transactions, institutional economics must …

… what the transaction is or how it works. Drawing on both Old and New Institutional Economics,
… meaning of transaction in institutional economics, mapping its topicality and use over time. …

… New institutional economics theories of contracting, agency, … design contracts that enhance
economic efficiency that IOFs cannot … the economics of transactions, we go on to discuss how …

… on the economics of institutions, with an emphasis … institutional environment; institutional
arrangements and the theory of the firm; moral hazard and agency; transaction cost economics; …

… the problems associated with the concept of transaction costs. Even though new institutional
economics is almost entirely built around the notion of transaction costs, the concept itself …

… 2) They provide no explicit analysis of transaction costs and the way they have influenced
the structures that the authors attempt to define and specify. Without an explicit transaction …

… It also describes how the insights of new institutional economics (NIE), in particular transaction
cost and property rights concepts, reveal why markets have not developed as effectively …

… within the firm or by transactions on the market is no simple … within a firm and the level of
transaction costs that it faces are … of coordination and the level of transaction costs that they face …

… economics methodologically and theoretically. Attempting to avoid this, our paper regroups
and comments on criticisms by "original" institutional economists (… concepts of transaction; (2) …

… With respect to the effect of institutions on economic growth, the preceding discussion of the
NIE shows that, by affecting transaction costs and coordination possibilities, institutions can …