Institutional context of market functioning and organizational coordination forms as elements of a new paradigm in the economics Cover Image

Instytucjonalny kontekst funkcjonowania rynku i organizacyjne formy koordynacji jako elementy nowego paradygmatu w ekonomii
Institutional context of market functioning and organizational coordination forms as elements of a new paradigm in the economics

Author(s): Anna Ząbkowicz
Subject(s): Business Economy / Management, Micro-Economics, Economic policy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: governance structures; economic order; institutional economics

Summary/Abstract: The research is carried on the attributes of institutional economic thinking which can suggest a new paradigm in economics emerging. The characteristics of institutional research program is sketched, with indication to its central concept. It is argued that governance structure which is the original concept of new institutional economics is useful in designing a model of economic activities, and thus it appears to be the idea for a new paradigm building in the narrow pragmatic sense. Disciplining economic analysis along these lines promises rather simple framework which reduces the coordination of economic activities on every basic level to a model. This outcome has been reached in the result of analytical work on classical economic-institutional readings on the one hand and of an attempt to synthesize on the other.

  • Issue Year: 2015
  • Issue No: 405
  • Page Range: 9-22
  • Page Count: 14
  • Language: Polish
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