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Economic Institutions and Complexity

Author

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  • Karl-Ernst Schenk

Abstract

This book presents a concept of interactive economic institutions and systems, considered by the author to be a bottleneck to scientific progress. In the author’s evaluation of contemporary institutional economics, the focus is on the interaction of complex economic structures in terms of their coordination routines, emergent behavioural characteristics and also their economic performance. Differences of behaviour characteristics and economic performances are explained as consequences of differently structured coordination routines. The book demonstrates that complexity, rather than being part of the problem of institutional analysis, can be made part of the solution.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Karl-Ernst Schenk, 2003. "Economic Institutions and Complexity," Books, Edward Elgar Publishing, number 2789.
    • Handle: RePEc:elg:eebook:2789
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    File URL: https://www.elgaronline.com/view/book/9781035304806/9781035304806.xml
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    Citations

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    Cited by:

    1. Schenk Karl-Ernst, 2008. "Ökonomische Systemtheorie: Rationalität, widerlegbare Spezifizierung und vergleichende Performance-Messung / Theory of economic systems: Rationality, refutability and performance measurement," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 59(1), pages 343-362, January.
    2. Karl-Ernst Schenk, 2006. "Complexity of economic structures and emergent properties," Journal of Evolutionary Economics, Springer, vol. 16(3), pages 231-253, August.
    3. Johannes M. Bauer, 2004. "Governing the Networks of the Information Society. Prospects and limits of policy in a complex technical system," ITA manu:scripts 04_03, Institute of Technology Assessment (ITA).

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Economics and Finance;

    JEL classification:

    • Z0 - Other Special Topics - - General

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