CHARACTERISTICS OF DEVELOPMENT OF INSTITUTIONAL ECONOMY
Keywords:
institutional economics, institutions, economic theory, transaction costs, uncertainty, economic policy.Abstract
This article is devoted to the analysis of the main features of the development of the institutional economy. The work examines the main concepts and trends in the development of this line of economic theory, paying special attention to the role of institutions in the formation and operation of economic systems. Also, the interdisciplinary nature of institutional economics, its historical approach is studied.
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Oleynik A. N. institutional economy
Kuzminov ya. I., Bendukidze K. A., Yudkevich M. M. institutional economics course
Veblen T. theory of empty class
North D. institutions, institutional changes and the performance of the economy
Williamson O. Economic institutions of capitalism
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