institutional economics in a sentence

Examples

1. Sociological new institutionalism is distinguished from, though related to, the new institutional economics and new institutionalism in political science.
2. He continued the strong American tradition in institutional economics by such figures as the economist and social theorist Thorstein Veblen.
3. Elworthy s research approach was fundamentally shaped while at Cambridge through Douglass North s supervisions on the New Institutional Economics.
4. The education also includes an extensive number of economics courses ranging from micro-and macroeconomics to institutional economics and industrial organization.
5. Institutional economics focuses on understanding the role of the evolutionary process and the role of institutions in shaping economic behaviour.
6. To the " science of choice " developed by traditional economics, the New Institutional Economics adds a " science of contract ."
7. He is best known for his work in labor economics, custom in the economy, and his contributions to the field of institutional economics.
8. A significant variant is the new institutional economics from the later 20th century, which integrates later developments of neoclassical economics into the analysis.
9. Alternative developments include ecological economics, constitutional economics, institutional economics, evolutionary economics, dependency theory, structuralist economics, world systems theory, econophysics, feminist economics and biophysical economics.
10. The stature of old, or original, institutional economics was further strengthened by the formation in 1988 of the European Association for Evolutionary Political Economy.