Presents an analysis of the vision behind the Bloomington Research Program in Institutional Analysis and Development. This book explains the foundational philosophy that frames its research questions and theoretical and methodological approaches. It is suitable for those in the fields of economics, [...]

This thoroughly revised, extended and updated edition of a critically acclaimed textbook provides an accessible and cohesive introduction to the burgeoning discipline of institutional economics. Requiring only a basic understanding of economics, this lucid and well-written text will be essential rea[...]