000 02575nam a2200361 i 4500
001 CR9781107284159
003 UkCbUP
005 20240301142638.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 130618s2014||||enk o ||1 0|eng|d
020 _a9781107284159 (ebook)
020 _z9781107053717 (hardback)
020 _z9781107677326 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
050 0 0 _aHD30.4
_b.M3696 2014
082 0 0 _a381
_223
245 0 4 _aThe manufacturing of markets :
_blegal, political and economic dynamics /
_cedited by Eric Brousseau and Jean-Michel Glachant.
264 1 _aCambridge :
_bCambridge University Press,
_c2014.
300 _a1 online resource (xxiii, 523 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
505 0 _aPublic and private complementarities in securing exchange -- Path dependency and political constraints in establishing property rights systems -- The political origin of competition -- The myopia of the public hand -- The challenge of balancing public and private ordering -- The daily adjustment of market technology.
520 _aDifferent types of markets exist throughout the world but how are they created? In this book, an interdisciplinary team of authors provide an evolutionary vision of how markets are designed and shaped. Drawing on a series of case studies, they show that markets are far from perfect and natural mechanisms, and propose a new view of markets as social construct, explaining how combinations of economic, political and legal constraints influence the formation and performance of markets. Historical trajectories and interdependencies among institutional dimensions make it difficult to build costless, non-biased co-ordination mechanisms, and there are limitations to public and private attempts to improve the design of markets. The authors show that incomplete and imperfect modes of governance must be improved upon and combined in order for markets to work more efficiently. This timely book will interest practitioners and academics with backgrounds in economics, law, political science and public policy.
650 0 _aIndustrial management.
650 0 _aMarketing.
700 1 _aBrousseau, Eric,
_eeditor.
700 1 _aGlachant, Jean-Michel,
_eeditor.
776 0 8 _iPrint version:
_z9781107053717
856 4 0 _uhttps://doi.org/10.1017/CBO9781107284159
999 _c9648
_d9648